Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 197

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 197
---
 achieve a balance between
the desirability of its members having a depth of relevant experience, on the one hand, and the need for renewal and new perspectives,
on the other hand.

<div align='center'>115</div>

Diversity Policy

Our board of directors is committed to nominating
the best individuals to fill director and executive roles. Our board has not adopted policies relating to the identification and nomination
of diverse directors and executives as it does not believe that it is necessary in the case of our company to have such written policies
at this time. Our board of directors believes that diversity is important to ensure that board members and senior management provide the
necessary range of perspectives, experience and expertise required to achieve effective stewardship and management. We have not adopted
a target regarding diverse candidates on our board or in executive officer positions as our board believes that such arbitrary targets
are not appropriate for our company. We currently have one female director on our board, one Native American director and three women
holding an executive position within our company.

Risk Oversight

Our board of directors oversees the risk management
activities designed and implemented by our management. Our board of directors executes its oversight responsibility for risk management
both directly and through its committees. The full board of directors also considers specific risk topics, including risks associated
with our strategic plan, business operations and capital structure. In addition, our board of directors regularly receives detailed reports
from members of our senior management and other personnel that include assessments and potential mitigation of the risks and exposures
involved with their respective areas of responsibility.

Our board of directors has delegated to the audit
committee the principal oversight of our risk management process. Our other board committees, however, also consider and address risks
and risk management as they perform their respective committee responsibilities. All committees report to the full board of directors
as appropriate, including when a matter rises to the level of a material or enterprise risk.

Code of Ethics

Our board of directors has adopted a Code of Ethics
that applies to all of our employees, contractors, and consultants, including our chief executive officer, (acting) chief financial officer
and principal accounting officer. Our Code of Ethics is available on our website at www.HeritageDistilling.comby clicking
on “Investors.” If we amend or grant a waiver of one or more of the provisions of our Code of Ethics, we intend to satisfy
the requirements under Item 5.05 of Form 8-K regarding the disclosure of amendments to or waivers from provisions of our