On July 30, 2020, the Board of Eastside Distilling, Inc. appointed Eric Finnsson to the Board, effective immediately, to serve until the Company's 2021 Annual Meeting of Stockholders or until his respective successor is duly elected and qualified or until his earlier death, resignation or removal, whichever first occurs. Mr. Finnsson has been appointed to the Board's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, each effective immediately. At such time, the Board determined that Mr. Finnsson is an independent member of the Board. Mr. Finnsson has also been appointed as chair of the Audit Committee. Since March 2019, Mr. Finnsson has served as chief financial officer of GLG Life Tech Corporation.