Company: IPST
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001788230-25-000148
Chunk: 60

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 60
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FOR," "AGAINST," or "ABSTAIN" on this proposal.

| THE BOARD RECOMMENDS A VOTE “FOR” THE ADJOURNMENT PROPOSAL |

| Heritage Distilling Holding Company, Inc. |     | 35 |     | Special Meeting Proxy Statement |

Executive Officers

Executive Compensation

Summary Compensation Table

The following table provides certain summary information concerning compensation awarded to, earned by or paid to any individual who served as chief executive officer at any time during the year ended December 31, 2024 and each other person who was serving as an executive officer of our Company at the end of such year whose total compensation exceeded $100,000. These individuals are referred to in this proxy statement as the named executive officers ("NEOs"). For each executive officer who also served as a director of our private company prior to our initial public offering, we have included in such compensation any compensation earned as stock awards and deferred and accrued cash fees for service as a director. The table below sets forth the annual compensation earned by our NEOs for the years ended December 31, 2024 and 2023.

| Name and                                                      
 Principal Position                                            |     | Year |     |          | Salary(1) |     |          | Bonus(1) |     |   | Stock Awards(2) |     |          | Option 
 Awards |     |   | Non-Equity Incentive Plan Compensation |     |         | All Other Compensation(3) |     |          | Total |     |          |
| Justin B. Stiefel                                             
 Chief Executive Officer and Treasurer                         |     | 2024 |     |          |           |     | $135,160 |          |     | — |                 |     | $168,000 |        |     | — |                                        |     |       — |                           |     |   $9,167 |       |     | $312,327 |
| 2023                                                          |     |      |     |  $98,653 |           |     |        — |          |     | — |                 |     |        — |        |     | — |                                        |     | $10,000 |                           |     | $108,653 |       |     |          |
| Jennifer D.H. Stiefel                                         
 President and Secretary                                       |     | 2024 |     |          |           |     | $139,367 |          |     | — |                 |     | $168,