Management Change/Compensation Form 8 K

Item 1.03 Bankruptcy or Receivership.

Chapter 11 Filing

As previously disclosed, on July 24, 2024, Vintage Wine Estates, Inc., a Nevada corporation (the "Company") and certain of its subsidiaries (collectively, the "Debtors") filed a voluntary petition for reorganization (collectively, the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court").

On July 24, 2024, an additional subsidiary of the Company, Splinter Group Napa, LLC also filed a Chapter 11 Case in the Bankruptcy Court. The Chapter 11 Cases are being jointly administered under the caption Meier's Wine Cellars Acquisition, LLC, et al., Case No. 24-11575.