Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 161

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 161
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 deductibility for tax purposes of all elements of compensation. However, the committee may approve compensation that does
not qualify for deductibility, including stock option and time-based restricted stock awards, if and when the committee deems it to be
in the best interests of the Company and our shareholders.

Accounting
for Stock-Based Compensation 

We account for stock-based payments, including awards under our Employee Stock Option Plans, in accordance with the of
Financial Accounting Standards Board’s Accounting Standards Codification Topic 718, Compensation – Stock
Compensation.

Summary
Compensation 

The
following table shows the compensation for the fiscal years ended June 30, 2025 and 2024, earned by our Chairman and Chief Executive
Officer, our Chief Financial Officer who is our Principal Financial and Accounting Officer, and others considered to be executive officers
of the Company.

    Name and Principle Position 
    Fiscal Year Ended  
    Salary ($)  
    Bonus ($)  
    Stock Awards ($) (1)  
    Option Awards ($)  
    All Other Compensation ($)  
    Total ($) 
  
    Najeeb Ghauri 
     2025  
    $840,000  
    $210,340(2) 
    $    -  
    $-(3) 
    $230,400(4) 
    $1,280,740 
  
    CEO & Chairman 
     2024  
    $693,000  
    $472,890(2) 
    $-  
    $20,285(3) 
    $226,400(4) 
    $1,412,575 
  
    Naeem Ghauri 
     2025  
    $1,045,714(5) 
    $250,000(6) 
    $-  
    $-(3) 
    $-  
    $1,295,714 
  
    President 
     2024  
    $920,000(5) 
    $-(6) 
    $-  
    $20,285(3) 
    $-  
    $940,285 
  
    Roger K Almond 
     2025  
    $275,000  
    $25,000  
    $-  
    $-  
    $38,058(7) 
    $338,058 
  
    Chief Financial Officer 
     202