Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 535

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1C
Chunk 535
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 talented executive team, and
aligning the interests of the executive team with the interests of shareholders. The Compensation Committee reviews the compensation
and benefit programs for executive officers, including the named executive officers, and performs an annual assessment of the Company’s
executive compensation policy. In determining total compensation, the Compensation Committee considers the objectives and attributes
described below. 

    Executive
    Compensation Principles
  
    Shareholder
    Alignment
    ●
                          ●
     Our
                                            executive compensation programs are designed to create shareholder value.
     Long-term
    incentive awards, delivered in the form of equity, make up a portion of our executives’ total compensation and closely align
    the interests of executives with the long-term interests of our shareholders. Our policy prohibits the named executive officers from
    selling any newly issued shares for a period of three months, on an open market transaction.
  
    Performance
    based
    ●
     Long-term
    incentive awards are designed to reward our executive officers for creating long-term shareholder value. Long-term incentive awards
    are granted primarily in the form of stock options and/or shares.
  
    Appropriate
    Risk
    ●
    Our
    executive compensation programs are designed to encourage executive officers to take appropriate risks in managing their businesses
    to achieve optimal performance.
  
    Competitive
    with external talent markets
    ●
     Our
    executive compensation programs are designed to be competitive within the relevant markets.
  
    Simple
    and transparent
    ●
     Our
    executive compensation programs are designed to be readily understood by our executives, and transparent to our investors.

36

Compensation
Analysis Peer Group

After
consideration of business models, company revenue and market capitalization of other companies in the Company’s technology industry
segment, and with the input from Compensation Resources, Inc., the compensation consultant used by the Company at the time the study
was last conducted, the Compensation Committee established the following list of peer companies to provide a comparative framework for
use in setting executive compensation:

Logility
Supply Chain Solutions, Inc.

Cass
Information Systems

Digital
Turbine, Inc.

Mitek
Systems, Inc.

SPS
Commerce Inc.

Executive
Officer Base Salaries and Compensation Comparisons

Compensation
plans are developed by utilizing publicly available compensation data in the information technology and software services industries.
We believe that the practices of these groups of companies provide us with appropriate compensation benchmarks, because these groups
of companies are in