Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 186

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 186
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     |        |       — |     |                     | — |     |           |     833 |
| Total:                      |     | $                         | 33,333 |     | $      | 112,000 |     | $                   | — |     | $         | 145,333 |

| (1) | Represents                                                                                 
 cash fees payable to the members of our board of directors for the year ended December 31, 
 2024. Directors agreed to defer their cash fees until 2025.                                |

| (2) | Ms.                                                            
 Baumann resigned from our board of directors in February 2024. |

| (3) | Mr.                                                                                             
 Alstead and Mr. Varga were appointed to our board of directors at the closing of our November   
 2024 initial public offering and the fees shown in the table above represents fees for December 
 2024.                                                                                           |

Cash Compensation. Under a new director compensation program adopted in connection with our November 2024 initial public offering, we pay each non-employee director a cash fee, payable quarterly, of $40,000 per year for service on our board of directors.

Committee Fees. If a non-employee director is designated to participate on a committee of our board of directors as either a chairperson or non-chairperson member, such director is entitled to compensation in addition to the quarterly cash fee in accordance with the following table:

|                                         |     | Chair |           |     | Member |           |
|:----------------------------------------|:----|:------|:----------|:----|:-------|:----------|
| Audit Committee                         |     | $     | 5,000/qtr |     | $      | 2,500/qtr |
| Compensation Committee                  |     | $     | 5,000/qtr |     | $      | 2,500/qtr |
| Nominating and Governance Committee     |     | $     | 5,000/qtr |     | $      | 2,500/qtr |
| Technology and Cryptocurrency Committee |     | $     | 5,000/qtr |     | $      | 2,500/qtr |

Directors serving as chair of a committee only earn the fee associated with their work as Chair; they are not eligible to earn both the Chair fee and the Member fee for their work on the same committee.

Equity Awards:

| ● | One-Time                                                                                  
 Initial RSU Award. Each newly