Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 196

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 196
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 Cryptocurrency Committee

Our Technology and Cryptocurrency Committee is
responsible for, among other things,

| ● | evaluating our current use of technology, including security protocols, selection of software and vendors, and safeguarding of data 
 and information;                                                                                                                    |

| ● | evaluating new technology that may be able to create efficiencies for our processes, improve sales or revenue opportunities, allow 
 us to reach new customers or otherwise improve our overall operations;                                                             |

| ● | developing and recommending to the full board the adoption of a Bitcoin Treasury Policy to include policies regarding accepting, acquiring, 
 holding, using and disposing of such cryptocurrency and other developments related to such policy, and then monitoring on an ongoing basis  
 the implementation of the same;                                                                                                             |

| ● | create recommendations for our use of AI in our processes to advance the business; and |

| ● | develop new strategies for us to grow the enterprise as new technological opportunities arise. |

Our technology and cryptocurrency committee
consists of four of our directors, Messrs. Swann and Dr. Trevan, each of whom meets the definition of “independent director”
under the rules of Nasdaq and Mr. Varga and Mr. Stiefel. Mr. Swann serves as chairman of our technology and cryptocurrency committee
committee. Our board of directors will adopted a written charter for the technology and cryptocurrency committee, to be developed by that
committee after the closing of this offering, which will be available on our corporate website at www.HeritageDistilling.com,
upon its adoption. The information on our website is not part of this prospectus.

Compensation Committee Interlocks and Insider Participation

None of our executive officers currently serves,
or in the past fiscal year has served, as a member of the board of directors or compensation committee of another entity that had one
or more of its executive officers serving as a member of our board of directors or compensation committee. None of our compensation committee
members, when appointed, will have at any time been one of our officers or employees.

Other Committees

Our board of directors may establish other committees
as it deems necessary or appropriate.

Director Term Limits

Our board of directors has not adopted policies
imposing an arbitrary term or retirement age limit in connection with individuals serving as directors as it does not believe that such
a limit is in the best interests of our company. Our nominating and corporate governance committee will annually review the composition
of our board of directors, and its collective and individual performance. Our board of directors will strive to