Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 648

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 9
Chunk 648
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 cease-and-desist order, or removal or prohibition
    order; or (c) any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

    ●
    the subject of, or a party
    to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section
    3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange
    Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its
    members or persons associated with a member.

Committees
of the Board

Due
to the small size of the Company and its Board of Directors, we currently have no audit committee, compensation committee or nominations
and governance committee of our board of directors. We do not have an audit committee financial expert.

14

Code
of Ethics

We
have adopted a Code of Ethics that applies to all of our directors, officers and employees. A copy of the Code of Ethics can be obtained
without charge upon request to Admin, 1200 Brickell Avenue #310, Miami, FL 33131, and is available on our website at www.rhinobitcoin.com.
Any waiver of the provisions of the Code of Ethics for executive officers and directors may be made only by the Board of Directors. Any
such waivers will be promptly disclosed to our shareholders.

Changes
in Nominating Procedures

None.

Insider
Trading Policies

We
have not adopted an insider trading policy governing the purchase, sale, and other dispositions of our securities by directors, senior
management, and employees.

Item
11. Executive Compensation

During
its last two fiscal years, Phoenix Plus did not pay any compensation to its officers or directors.

Employment
Agreements

Rhino
Digital is party to an employment agreement with Lyle Hauser, dated June 24, 2024. Pursuant to the employment agreement, Mr. Hauser serves
as Rhino Digital’s chief executive officer. The agreement had a one-year initial term and renews automatically for successive one-year
terms, subject to the right of either party to terminate the agreement upon written notice. Mr. Hauser received a signing bonus of $50,000
and receives a monthly salary of $