Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 223

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 223
---
term at the annual meeting of stockholders in the year in which their term expires. Set forth below is information regarding the membership of each class of directors, effective as of the closing of this offering.

| Director:                   |     | Initial Term Expires:                      |
| Class I Directors:          
 Justin Stiefel              
 Troy Alstead                
 Eric S. Trevan, Ph.D.       |     | At the 2027 annual meeting of stockholders |
| Class II Directors:         
 Jennifer Stiefel            
 Andrew Varga                
 Matthew J. Swann            |     | At the 2026 annual meeting of stockholders |
| Class III Directors:        
 Jeffrey Wensel, M.D., Ph.D. 
 Christopher (Toby) Smith    |     | At the 2028 annual meeting of stockholders |

While we do not have a stand -alonediversity policy, in considering whether to recommend any director nominee, including candidates recommended by stockholders, we believe that the backgrounds and qualifications of the directors, considered as a group, should provide a significant mix of experience, knowledge and abilities that will allow our board of directors to fulfill its responsibilities. As set forth in our corporate governance guidelines, when considering whether directors and nominees have the experience, qualifications, attributes or skills, taken as a whole, to enable our board of directors to satisfy its oversight responsibilities effectively in light of our business and structure, the board of directors focuses primarily on each person’s background and experience as reflected in the information discussed in each of the directors’ individual biographies set forth above. We believe that our directors provide an appropriate mix of experience and skills relevant to the size and nature of our business. Our board of directors expects a culture of ethical business conduct. Our board of directors encourages each member to conduct a self -reviewto determine if he or she is providing an effective service to our company and our stockholders. Should it be determined that a member of our board of directors is unable to effectively act in the best interests of our stockholders, such member would be encouraged to resign. Board Leadership Structure Our amended and restated bylaws and our corporate governance guidelines provide our board of directors with flexibility to combine or separate the positions of Chairman of the Board and Chief Executive Officer in accordance with its determination that utilizing one or the other structure is in the best interests of our company. Justin Stiefel currently serves as our Chief Executive Officer and Chairman of the Board. As Chairman of the Board, Mr. Stiefel’s key responsibilities include facilitating communication between our board