Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 172

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 172
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 board are discharged properly and efficiently;                                     |

| ● | reviewing                                                                                  
 the committee structure of the board of directors and the composition of such committees   
 and recommending directors for appointment to each committee together with recommendations 
 for the Chairs of such committees; and                                                     |

| ● | identifying                                                                           
 best practices for the board’s discharge of its duties and responsibilities including 
 policies and principles that ensure good governance throughout the enterprise.        |

| 107 |

Our nominating and corporate governance committee consists of three of our directors, Messrs. Smith, Alstead and Swann, each of whom meets the definition of “independent director” under the rules of Nasdaq. Mr. Smith serves as chairman of our nominating and corporate governance committee. Our board of directors has adopted a written charter for the nominating and corporate governance committee, which is available on our corporate website at www.HeritageDistilling.com. The information on our website is not part of this prospectus.

Technology and 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; |

| ● | monitoring                                                                                 
 our Cryptocurrency Treasury Reserve Policy related to accepting, acquiring, holding, using 
 and disposing of such cryptocurrency and other developments related to such policy;        |

| ● | 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. Our board of directors intends to adopt a written charter for the technology and cryptocurrency committee.

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