Company: BNBX
Filing Date: 2025-11-10
Form Type: DEF 14A
Source: 0001104659-25-109257
Chunk: 23

Company: BNB PLUS CORP.
Filing Date: 2025-11-10
Form: DEF 14A
Chunk 23
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 of our BNB Strategy we expect to recruit additional new employees and Directors from the highly competitive digital asset industry. Accordingly, the Plan Amendment Proposal is critical to ensure the Company can successfully recruit and compensate potential new employees and Directors that will be critical in the further implementation of its BNB Strategy. The compensation committee of the Board of Directors (the “Compensation Committee”) administrates our equity award granting process. In addition, the Current Plan does not, and the Amended Plan will not, contain an “evergreen” provision, so the number of shares available for issuance under the Current Plan does not automatically increase each year and likewise will not automatically increase under the Amended Plan. The below table summarizes grants under our Current Plan for the last three fiscal years.

| ​    | ​ | ​ | OptionsGranted |   |    |   | ​ | ​ | RSUsGranted |   |    |   | ​ | ​ | Weighted AverageCommon SharesOutstandingEach Year |   |     |   | ​ |
| 2023 | ​ | ​ | ​              | ​ | 67 | ​ | ​ | ​ | ​           | ​ | 19 | ​ | ​ | ​ | ​                                                 | ​ | 872 | ​ | ​ |
| 2024 | ​ | ​ | ​              | ​ |  — | ​ | ​ | ​ | ​           | ​ |  — | ​ | ​ | ​ | ​                                                 | ​ | 146 | ​ | ​ |
| 2025 | ​ | ​ | ​              | ​ |  — | ​ | ​ | ​ | ​           | ​ |  — | ​ | ​ | ​ | ​                                                 | ​ | 345 | ​ | ​ |

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TABLE OF CONTENTS

Maintaining our current equity compensation program is particularly critical at this time when competition for quality personnel is intense in the highly competitive digital asset treasury marketplaces in which we operate, and our ability to successfully execute, compete and deliver value to stockholders could be significantly negatively impacted if we cannot maintain our current equity award practices in support of retaining and attracting key talent. If we are limited in our ability to grant desired equity awards to our employees and other eligible individuals, we may not be able to compete for or retain key talent, and/or we may have to increase cash-based compensation incentives, which could work against our current philosophy of aligning the interests of our personnel with the interests of our stockholders. This course of action could also be a distraction for our management team and