Company: IPST
Filing Date: 2025-05-30
Form Type: PRE 14A
Source: 0001788230-25-000100
Chunk: 23

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-05-30
Form: PRE 14A
Chunk 23
---
ING COMPANY, INC. |

| Name                        |     | Fees Earned or 
 Paid in Cash   
 ($)(1)         |     |         | Stock Awards 
 ($)(2)       |     |         |     | All Other Compensation 
 ($)                    |     |    Total 
      ($) |
| Jeffery Wensel, M.D., Ph.D. |     |                |     | $10,000 |              |     | $96,000 |     | —                      |     | $106,000 |
| Laura Baumann(3)            |     |                |     |  $1,667 |              |     |       — |     | —                      |     |   $1,667 |
| Eric S. Trevan, Ph.D.       |     |                |     | $10,000 |              |     |  $8,000 |     | —                      |     |  $18,000 |
| Christopher (Toby) Smith    |     |                |     | $10,000 |              |     |  $8,000 |     | —                      |     |  $18,000 |
| Troy Alstead(4)             |     |                |     |    $833 |              |     |       — |     | —                      |     |     $833 |
| Andrew Varga(4)             |     |                |     |    $833 |              |     |       — |     | —                      |     |     $833 |

(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) Represents the aggregate grant date fair value of restricted stock units granted to the executive officer during the applicable fiscal year, computed in accordance with FASB ASC Topic 718. These amounts do not reflect the actual value that will eventually be realized by the executive officer at the time the award becomes vested.

(3) Ms. Baumann resigned from our Board of Directors in February 2024.

(4) 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.

Additionally, on April 1, 2023, we entered into a consulting agreement with AV Train Consulting, LLC (“AV Train”), an entity wholly owned by Andrew V