Company: BLNE
Filing Date: 2025-04-28
Form Type: 10-K/A
Source: 0001641172-25-006441
Chunk: 6

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-K/A
Chunk 6
---
 credit counselors, where he continues to serve as President. From December 13, 2021 to September 2024,
Mr. Romano served as President of Grand River Mortgage Company, LLC (D/B/A GRMC Lending), a digital mortgage company specializing in providing
home loans to consumers. Mr. Romano’s experience in the mortgage industry led to his appointment as a director.

Board Committees

Audit Committee

Our Audit Committee oversees the engagement of
our independent public accountants, reviews our audited financial statements, meets with our independent public accountants to review
internal controls and reviews our financial plans. Our Audit Committee currently consists of Eric Finnsson, who is the Chair of the Committee,
Joseph Freedman and Stephen Romano. Each of Messrs. Finnsson, Freedman and Romano has been determined by our Board to be independent in
accordance with Nasdaq and SEC standards. Our Board has also designated Mr. Finnsson as an “audit committee financial expert”
as the term is defined under SEC regulations and has determined that Mr. Finnsson possesses the requisite “financial sophistication”
under applicable Nasdaq rules. The Audit Committee operates under a written charter which is available on our website at https://www.eastsidedistilling.com/investors.
Our website is not part of this Report. Both our independent registered accounting firm and internal financial personnel regularly meet
with our Audit Committee and have unrestricted access to the audit committee. Each member of the Audit Committee is able to read and understand
fundamental financial statements, including our consolidated balance sheets, consolidated statements of operations and consolidated statements
of cash flows. Further, no member of the Audit Committee has participated in the preparation of our consolidated financial statements,
or those of any of our current subsidiaries, at any time during the past three years.

| 4 |

Compensation Committee

Our Compensation Committee reviews and recommends
policies, practices, and procedures relating to compensation for our directors, officers and other employees and advising and consulting
with our officers regarding managerial personnel and development. Our Compensation Committee currently consists of Joseph Freedman, who
is the Chair of the Committee, Eric Finnsson, and Stephen Romano. Each of Messrs. Freedman, Finnsson and Romano has been determined by
our Board to be independent in accordance with Nasdaq standards. Each member of our Compensation Committee is also a non-employee director,
as defined pursuant to Rule 16b-3 promulgated under the Exchange Act. The Compensation Committee operates under a written charter.