I have a 600w power supply
Power limit throttling and the power rating of your power supply are two different things.
The PL1 and PL2 turbo power limits combined with the turbo time limit controls how an Intel CPU runs. The CPU can run up to the PL2 power limit for a short period of time. During a long term test, the CPU will be forced to reduce power consumption so it does not exceed the PL1 power limit. The turbo time limit controls how long a CPU can run at PL2 before switching to the PL1 power limit.
The Intel Hardware Default values for a 9900KF are,
PL1 = 95
PL2 = 95 * 1.25 = 118.75
Turbo Time = 1 second
Motherboard manufacturers can adjust these limits however they like. I used to always call these values the Intel recommended values but the Intel datasheet refers to these limits as the Hardware Default values. That means the CPU would default to these values if a motherboard did not set any of these values itself. The Intel recommended turbo time limit is 28 seconds instead of 1 second. The K series processors are unlocked so no Intel recommended power limit values are listed. This recommendation allows users to decide how they want to run their unlocked CPU.
Most high end Z series motherboards will have an unlimited power setting. That will typically set the turbo power limits sky high. That prevents these limits from ever interfering with the CPU using maximum turbo boost all of the time.
PL1 = 4095
PL2 = 4095
Turbo Time = 28 seconds
If you try to run a 9900KF at full power on a low end motherboard like you have, it is possible that you could damage the motherboard. That is what I mean when I said your B365 motherboard is not adequate. A 9900KF will work in your motherboard but you will likely not be able to run it at full speed and at full power indefinitely. Lower end motherboards tend to use barely adequate voltage regulators as well as other components on the motherboard. The voltage regulators can overheat due to lack of heatsinks or poor airflow on the board.
If you run a 9900KF at the Intel default values, it will be forced to power limit throttle during any sort of stress test like Cinebench. Within 1 second of starting a stress test, the CPU will slow down as much as necessary so long term power consumption does not exceed 95 Watts. You can try and use ThrottleStop to go beyond this limit but that could damage your motherboard. You might be fine at 150W or 200W or this extra power and stress might cause your motherboard to burn out next week or next month. The CPU could also be damaged if you try to run it at full power on a motherboard that was not designed for that purpose.