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

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 8
Chunk 10
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 in these positions until the end
of his board term in June 2025.

Skills
and Qualifications: Mr. Francis brings to the Board a seasoned expertise in financial services strategy, especially in the field
of Lease and Finance as well as management proficiency.

IAN
SMITH was nominated to the Board of Directors for the first time this year in June 2025. Mr. Smith brings over 30 years’ experience
in the financial services industry. As a highly experienced international CEO, with BMW Groups’ largest financial services business/region,
he was responsible and accountable for a greater than $50 billion balance sheet and P&L of over $600 million NOI per year. He held
various roles with BMW Groups but most significantly as Chief Executive Officer for BMW Group Financial Services-USA and the Americas
from January 2017 through December 2021. He is currently an investor in and President of MIP, Inc. a medical textiles business operating
in the UK, Germany, Canada and other international markets. Mr. Smith received his BTEC National Diploma, Business & Finance at Wigan
College of Technology in 1989. He completed the Professional Management Foundation Program at the Institute of Personnel Management in
1991. He received a post graduate certificate from Edinburgh Business School, Herriot-Watt University in 2006 and finally a Certificate
in Company Direction from the Institute of Directors in 2013. Mr. Smith has board experience and currently serves as an advisory board
member of Spring Free EV, a US-based Fintech Company. Mr. Smith is a member of the Audit and Compensation Committee and is chair of the
Nominating and Corporate Governance Committee.

Skills
and Qualifications: Mr. Smith brings to the Board a seasoned expertise in automotive financial services strategy, a depth of experience
in product advancement through digitization and versatile and proven management proficiency.

33

CORPORATE
GOVERNANCE

Code
of Ethics & Insider Trading Policy

The
Company adopted its Code of Ethics and Business Conduct, as amended and restated on September 9, 2013, applicable to every officer, director
and employee of the Company, including, but not limited to the Company’s principal executive officer, principal financial officer,
and principal accounting officer or controller, or persons performing similar functions. Our Code of Business Conduct & Ethics has
been posted on our website and may be viewed at https://netsoltech.com/about-us/csr. Our Company has an Insider Trading Policy
which explains