Company: BNBX
Filing Date: 2025-10-30
Form Type: S-1
Source: 0001104659-25-103871
Chunk: 127

Company: BNB PLUS CORP.
Filing Date: 2025-10-30
Form: S-1
Chunk 127
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 in the charter, are intended to be in accordance with applicable requirements for corporate Audit Committees. The Audit Committee charter will be reviewed, and amended if necessary, on an annual basis.

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The Audit Committee assists the Board in fulfilling its oversight responsibility relating to our financial statements and the disclosure and financial reporting process, our system of internal controls, our internal audit function, the qualifications, independence and performance of our independent registered public accounting firm, compliance with our code of ethics and legal and regulatory requirements. The Audit Committee has the sole authority to appoint, retain, terminate, compensate and oversee the work of the independent registered public accounting firm, as well as to pre-approve all audit and non-audit services to be provided by the independent registered public accounting firm.

Compensation Committee

Our Compensation Committee is comprised of Mr. Ceccoli, Dr. Shamash (Chairperson) and Ms. Schmalz Shaheen. The Compensation Committee reviews and approves salaries and bonuses for all officers, reviews and approves non-employee directors’ compensation, administers options outstanding under our stock incentive plan, provides advice and carries out the responsibilities required by SEC rules. The Compensation Committee believes that its processes and oversight should be directed toward attracting, retaining and motivating employees and non-employee directors to promote and advance our interests and strategic goals. As requested by the Compensation Committee, the Chief Executive Officer will provide information and may participate in discussions regarding compensation for other executive officers. The Compensation Committee considers other general industry information and trends if available. During fiscal 2025, the Compensation Committee held two formal meetings.

Nominating Committee

Our Nominating Committee is comprised of Dr. Shamash (Chairperson) and Ms. Schmalz Shaheen. The Board has determined that each member of the Nominating Committee is independent within the meaning of the director independence standards of the Company, Nasdaq and the SEC. The Nominating Committee is responsible for, among other things: reviewing the Board’s composition, procedures and committees and making recommendations on these matters to the Board; and reviewing, soliciting and making recommendations to the Board and stockholders with respect to candidates for election to the Board. During fiscal 2025, the Nominating Committee held one formal meeting.

Process for Identifying and Evaluating Nominees for the Board

Director Qualifications. The Nominating Committee has not formally established any specific, minimum qualifications that must be met by each candidate for the Board or specific qualities or skills that are necessary for one or more of the members of the Board