Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1569

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 9
Chunk 1569
---
 was appointed
as a committee member in July 2025.

  (I)
  Denotes an Independent Director.

  (C)
  Denotes the Chairperson of the Committee.

  (N)
  Mr. Smith became the Nominating Committee Chairman in July
2025.

29

During the fiscal year 2025, the Audit Committee met four times, the Compensation
Committee met once and the Nominating and Corporate Governance Committee met one time.

DIRECTORS
AND EXECUTIVE OFFICERS 

The
following table sets forth the names and ages of the current directors and executive officers of the Company, the principal offices and
positions with the Company held by each person and the date such person became a director or executive officer of the Company. The Board
of Directors elects the executive officers of the Company annually. Each year the stockholders elect the Board of Directors. The executive
officers serve varying terms until their death, resignation or removal by the Board of Directors. In addition, there was no arrangement
or understanding between any executive officer and any other person pursuant to which any person was selected as an executive officer.

The
directors and executive officers of the Company are as follows:

    Name 
    Year First Elected as an Officer or Director 
    Age 
    Position Held with the Registrant 
    Family Relationship
  
    Najeeb Ghauri 
    1997 
    71 
    Chief Executive Officer, Chairman and Director 
    Brother of Naeem Ghauri
  
    Naeem Ghauri 
    1999 
    68 
    President 
    Brother of Najeeb Ghauri
  
    Roger Almond 
    2013 
    60 
    Chief Financial Officer 
    None
  
    Patti L. W. McGlasson 
    2004 
    60 
    Sr. V.P., Legal and Corporate Affairs; Secretary, General Counsel 
    None
  
    Mark Caton 
    2002 
    76 
    Director 
    None
  
    Malea Farsai 
    2018 
    56 
    Director; Corporate Counsel 
    None
  
    Syed Kausar Kazmi 
    2019 
    72 
    Director 
    None
  
    Michael Francis 
    2023 
    59 
    Director 
    None
  
    Ian Smith 
    2025 
    54 
    Director 
    None

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