If your wood is thicker(1/4 inch), a sandwhich construction and completely covers the foam you’ll be safer. A splittable board is for traveling right? In an airplane? Changes in altitude will expand the air in the board. do you want to take chance with your hard work getting a delam? Vents don’t cost much repairs cost a lot. effort, time out of the water. Goretex vents are simple and pretty reliable.
I don’t have any EPS boards with a vent. I have used less than 1 lb up to 2 lb foam. I have had one board made from under 1lb foam swell up from being left out in the hot Hawaiian sun too long. I was trying to do a post cure and I forgot that it was out in direct sunlight. May have been an hour or 2 maybe a little more.
I typically throw my board in the car, head down to the beach (about 5-10 min drive), then go straight home. I don’t use board covers (socks) either.
I think it would be safer to use a vent if you plan on traveling by air, or if you think the board will be in the hot sun long.