Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 19

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 19
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 children of our unskilled staff, the main objective of this program is to enable them to acquire basic      
 reading, writing and arithmetic skills.                                                                                                  |
| ■ | Higher                                                                                                                                   
 Education and Science and Research Institutions: In order to support higher education in Pakistan, we have contributed to endowments     
 such as NUST, Forman Christian College, and a few other universities who are focused on science and engineering.                         |
| ■ | Noble                                                                                                                                    
 Cause Fund: A noble cause fund has been established to meet medical and education expenses of the children of the lower paid employees.  
 Our employees voluntarily contribute a fixed amount every month to the fund and NetSol matches the employee subscriptions with an        
 equivalent contribution amount. A portion of this fund is also utilized to support social needs of certain institutions and individuals, 
 outside of NetSol.                                                                                                                       |
| ■ | Preventative                                                                                                                             
 Health Care Program: In addition to the comprehensive out-patient and in-patient medical benefits, preventive health care has also       
 been introduced in our Lahore offices. This phased program focuses on vaccination of our employees against such diseases as Hepatitis    
 – A/B, Tetanus, Typhoid, Flu and COVID-19 on a routine basis.                                                                            |

| 14 |

<div align='center'>ANNUAL MEETING BUSINESS

PROPOSAL 1

ELECTION OF DIRECTORS</div>

NetSol’s bylaws provide that directors
are elected to serve a one-year term of office, expiring at the next annual meeting of shareholders. Our bylaws permit up to nine directors,
with the exact number to be fixed from time to time by resolution of the Board of Directors.

Directors are elected by a majority of
votes, which means that the nominees receiving the most votes will be elected. Shareholders are not entitled to cumulate votes in the
election of directors. In determining the votes cast for the election of a director, abstentions and broker non-votes are excluded. The
Nominating and Corporate Governance Committee considers the offer of resignation and recommends to the Board whether to accept it. The
policy requires the Board to act on the Nominating and Corporate Governance Committee’s recommendation within 90 days following
the shareholder meeting. Board action on the matter requires the approval of a majority of the independent directors.

The Board of Directors has nominated
the following directors for election to one-year terms that will expire at earlier of their removal or replacement or at the 2024 annual
meeting:

Najeeb Gh