Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 185

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 185
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 to receive any compensation for his or her service as a director, committee member or Chair of our board of directors or of any committee of our board of directors.

Director Compensation

We have accrued, but never paid, a cash retainer to directors for their service on the Board. Independent directors who served in 2024 agreed to defer cash compensation until after our November 2024 initial public offering. Independent directors earned $10,000 per year in cash compensation for services rendered in 2023 and 2024, calculated pro rata if a full year was not served.

The following table sets forth the aggregate non-employee director compensation earned for services for the year ended December 31, 2024 (excluding compensation to our executive officers set forth in the summary compensation table above). Directors Wensel, Baumann, Trevan, Alstead, and Varga agreed to defer receipt of their fees until 2025.

| Name                        |     | Fees                      
 Earned or Paid in Cash(1) |        |     | Stock  
 Awards |         |     | All                 
 Other  Compensation |   |     | Total ($) |         |
|:----------------------------|:----|:--------------------------|-------:|:----|:-------|--------:|:----|:--------------------|:--|:----|:----------|--------:|
| Jeffrey Wensel, M.D., Ph.D. |     | $                         | 10,000 |     | $      |  96,000 |     | $                   | — |     | $         | 106,000 |
| Laura Baumann(2)            |     |                           |  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(3)             |     |                           |    833 |     |        |       — |     |                     | — |     |           |     833 |
| Andrew Varga(3)             |     |                           |    833 |