Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 225

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 225
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 qualifies as an “audit committee financial expert,” as such term is defined in Item 407(d)(5) of Regulation S -Kunder the Securities Act. Our board of directors has adopted a written charter for the audit committee, which is available on our corporate website at www.HeritageDistilling.com. The information on our website is not part of this prospectus. Compensation Committee The compensation committee is responsible for, among other matters: •reviewing key employee compensation goals, policies, plans and programs; •reviewing and approving the compensation of our directors, chief executive officer and other executive officers; •producing an annual report on executive compensation in accordance with the rules and regulations promulgated by the SEC; •reviewing and approving employment agreements and other similar arrangements between us and our executive officers; and •administering our stock plans and other incentive compensation plans. Our compensation committee consists of three of our directors, Dr. Trevan, Mr. Swann and Dr. Wensel, each of whom meets the definition of “independent director” under the rules of Nasdaq and the definition of non -employeedirector under Rule 16b -3promulgated under the Exchange Act. Dr. Trevan serves as chairman of our compensation 131 committee. Our board of directors has adopted a written charter for the compensation committee, which is available on our corporate website at www.HeritageDistilling.com. The information on our website is not part of this prospectus. Nominating and Corporate Governance Committee Our nominating and corporate governance committee is responsible for, among other matters: •determining the qualifications, qualities, skills and other expertise required to be a director and developing and recommending to the board for its approval criteria to be considered in selecting nominees for director; •identifying and screening individuals qualified to become members of our board of directors, consistent with criteria approved by the Committee and our board of directors; •overseeing the organization of our board of directors to ensure that the duties and responsibilities of the board are discharged properly and efficiently; •reviewing the committee structure of the board of directors and the composition of such committees and recommending directors for appointment to each committee together with recommendations for the Chairs of such committees; and •identifying best practices for the board’s discharge of its duties and responsibilities including policies and principles that ensure good governance throughout the enterprise. Our nominating and corporate governance committee consists of three of our directors, Messrs. Smith, Alstead and Swann, each of whom meets the definition of “