Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 18

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 18
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Human Capital

There is significant competition for employees
with the skills required to perform the services we offer. We run an elaborate training program for different cadres of employees to cover
technical skills and business domain knowledge, and communication, management and leadership skills. We believe we have been successful
in our efforts to attract and retain the highest level of talent available, partly because of the emphasis on core values, training and
professional growth. We intend to continue to recruit, hire and promote employees who share our vision.

As of June 30, 2024, we had approximately 1,569 employees; comprised of 69% technical staff and 31%
non-IT personnel. Our technical staff are software engineers, programmers, project managers,
quality assurance, sales, pre-sales, business development, dedicated employees to our core and digital products. None of our employees
are subject to a collective bargaining agreement.

Diversity and Inclusion. We believe that our
growth and success are attributable in large part to the high caliber of our employees and our commitment to maintain the values on which
our success has been based. We believe that a diverse workforce is critical to our success, and we continue to focus on the hiring, retention
and advancement of women and underrepresented populations. Having offices in the U.S., Asia Pacific, and Europe, NetSol is proud of its
wide range of diverse people in its workforce. Our female workforce globally is 20%. We provide transportation, meal support and after
school care support at our Technology Campus in Lahore, Pakistan. Some Lahore employees also receive free medical care. These additional
benefits are especially important to continue building our female workforce at the Lahore Campus. All employees, male and female, have
access to gym facilities in our Pakistan offices promoting the health and wellness of our staff.

| 13 |

Giving Back to the Community. NetSol believes
it should give back to the community and employees as much as possible. Certain subsidiaries of NetSol are located in regions where basic
services are not readily available. Where possible, NetSol acts to not only improve the quality of life of its employees, but also the
standard of living in these regions. Examples of such programs are as follows:

| ■ | In                                                                                                                                       
 the U.S. we have established NetSol Humanitarian Foundation, a 501(c)(3), where the Company and employees contribute to help various     
 charitable causes locally and globally.                                                                                                  |
| ■ | Literacy                                                                                                                                 
 Program: Launched to educate