Eastside Distilling, Inc. received a written letter of resignation from Steven Earles stating that he has resigned, effective immediately, from his position as President and a director of the company. Mr. Earles did not sit on any committees of the Board of Directors. His resignation from all positions with the company was not because of any disagreements with the company on matters relating to its operations, policies and practices. In connection with his resignation, Mr. Earles has agreed to continue working with the company in a consultant capacity for the foreseeable future, the specific terms of which will be determined in the coming days. The vacancy on the company's board of directors resulting from Mr. Earles' resignation will remain vacant until such time as a new director is identified and appointed. Similarly, the Company has not yet appointed a new President. Grover T. Wickersham continues to serve as the Company's Chief Executive Officer and Chairman of the board and, until such time as a new President is appointed, Grover T. Wickersham will assume the functions of that office.