Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 198

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 198
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Code of Ethics that apply to our principal executive officer, financial and accounting officers by posting the required information on
our website at the above address within four business days of such amendment or waiver. The information on our website is not part
of this prospectus.

Our board of directors, management and all employees
of our company are committed to implementing and adhering to the Code of Ethics. Therefore, it is up to each individual to comply with
and follow the Code of Ethics. If an individual is concerned that there has been a violation of the Code of Ethics, he or she will be
able to report in good faith to his or her superior. While a record of such reports will be kept confidential by our company for the purposes
of investigation, the report may be made anonymously and no individual making such a report will be subject to any form of retribution.

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EXECUTIVE COMPENSATION</div>

Summary Compensation Table

The following table provides certain summary information
concerning compensation awarded to, earned by or paid to any individual who served as chief executive officer at any time during the year
ended December 31, 2024 and each other person who was serving as an executive officer of our company at the end of such year whose total
compensation exceeded $100,000. These individuals are referred to in this prospectus as the “named executive officers”. For
each executive officer who also served as a director of our private company, we have included in such compensation any compensation earned
as stock awards and deferred and accrued cash fees for service as a director.

| Name and Principal Position                                |     | Year |     | Salary(1) |         |     | Bonus(1) |   |     | Stock     
 Awards(2) |         |     | All Other       
 Compensation(3) |        |     | Total |         |
|:-----------------------------------------------------------|:----|-----:|:----|:----------|--------:|:----|:---------|:--|:----|:----------|--------:|:----|:----------------|-------:|:----|:------|--------:|
| Justin Stiefel                                             |     | 2024 |     | $         | 135,160 |     |          | — |     | $         | 160,000 |     | $               |  9,167 |     | $     | 304,327 |
| Chief Executive Officer; Treasurer                         |     | 202