Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 46

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 46
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 represent the interests of all shareholders of the Company.                               |
| ● | Any                                                                                                   
 factor which would prohibit the potential nominee to devote sufficient time to its business,          
 and                                                                                                   |
| ● | Any                                                                                                   
 other relevant qualifications, attributes, or skills.                                                 |

In addition, with respect to an incumbent director whom the nominating committee is considering as a potential nominee for re-election, the Company’s nominating committee reviews and considers the incumbent director’s service to the Company during his or her term, including the number of meetings attended, level of participation, and overall contribution to the Company. Our Board of Directors evaluates each individual in the context of the Board of Directors as a whole, with the objective of assembling a group that can best maximize the success of the business and represent stockholder interests through the exercise of sound judgment using its diversity of experience in these various areas. The Nominating Chair prepared a blind questionnaire for all board members to evaluate the Board’s current risk management, succession, autonomy, and other matrix and has analyzed and shared it with the management.

Annually, the Nominating and Corporate Governance Committee reviews all nominations for independent board members.

The Company did not pay any fee to any third party to identify or evaluate or assist in identifying or evaluating potential nominees for director at the fiscal year 2024 Annual Meeting of shareholders. The Company did not receive, by February 14, 2024 (the 120th calendar day before the first anniversary of the date of the Company’s 2023 proxy statement, any recommended nominee from a shareholder who beneficially owns more than 5% of the Company’s stock or from a group of shareholders who beneficially own, in the aggregate, more than 5% of the Company’s stock.

Board Diversity

Board Diversity Matrix as of ______, 2025

The table below summarizes certain self-identified demographic attributes of our current directors, to the extent disclosed to us by such directors.

|         |     | African  
 American 
 or       
 Black    |     | South  
 Asian  
 or     
 Indian |     | Asian |     | Hispanic 
 or       
 Latinx   |     | Native           
 Hawaiian         
 or               
 Pacific Islander |     | White |     | Middle  
 Eastern |     | Two                          
 or More Races or Ethnicities |     | LGBTQ+ |     | Male |     | Female |     | Non-Binary |
| N.      
 Ghauri  |     |          |     |        |     |       |     |          |