Company: NTWK
Filing Date: 2025-06-25
Form Type: 8-K
Source: 0001641172-25-016350
Chunk: 0

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-06-25
Form: 8-K
Item: Item 5.07
Chunk 0
---
Item
5.07 Submission of Matters to a Vote of Security Holders

On
June 24, 2025, NetSol Technologies, Inc. (the “ Company”) convened its annual meeting of shareholders. The following proposals
were submitted to a vote of security holders. Of the total issued and outstanding shares as of April 30, 2025 the record date, 70.70%
or 8,279,429 shares voted in this election. Broker non-votes, which are voted in the ratification of appointment of auditors, are present
for purposes of establishing a quorum, but are not considered voted in other proposals.

1.
Election of Directors

The
following were elected directors of the Company to hold office until the next Annual General Meeting of the Shareholders. A total of
7,194,620 shares of common stock cast votes for directors. The following sets forth the tabulation of the shares voted for each director:

  Director                     For        Against      Abstain             
 ───────────────────────────────────────────────────────────────────────────
  Najeeb Ghauri          5,351,407      1,840,557        2,656      74.40  
  Mark Caton             4,475,131      2,716,433        3,056      62.22  
  Malea Farsai           5,362,747      1,829,273        2,600      74.56  
  Syed Kausar Kazmi      4,727,098      2,464,823        2,699      65.72  
  Ian Smith              5,518,952      1,672,569        3,099      76.74  

2.
To approve, on an advisory basis, compensation of the Named Executive Officers:

The
shareholders approved on an advisory basis the named executive officer compensation. The following sets forth the tabulation of the shares
voting in connection with this proposal.

  Total             For      Against      Abstain      %                          

  7,194,620      5,202,194      1,928,443      63,983      72.95%  

3..
Ratification of Appointment of Auditors:

Fortune
CPA, Inc. was appointed as Auditors for the Company for the fiscal year ending June 30, 2025. Rat