Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 525

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1C
Chunk 525
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2001 to 2005. As CEO,
Mr. Ghauri is responsible for managing the day-to-day operations of the Company, as well as the Company’s overall growth and expansion
plan. In 2017, Mr. Najeeb Ghauri as the CEO, implemented a Company-wide initiative cutting costs which saved the Company in excess of
$7,000,000. Mr. Ghauri was also instrumental in the substantial increase in revenue for fiscal year end 2015. In addition, Mr. Ghauri
traveled overseas multiple times to execute the largest contract for the Company, worth over $100 million, in December 2015. Under his
watch, NETSOL has become a leading player in China with innovation and a cutting-edge technology.

30

In
September 2020, Mr. Ghauri was presented with the highest civilian award in Pakistan, “Sitar e Imtiaz”, a medal of pride,
in recognition for his work in IT and charitable causes in Pakistan. This medal was conferred by the President of Pakistan at the President
House in Islamabad, Pakistan. Prior to joining the Company, Mr. Ghauri was part of the marketing team of Atlantic Richfield Company (ARCO)
(now acquired by BP), a Fortune 500 company, from 1987-1997. Prior to ARCO, he spent nearly five years with Unilever as brand and sales
managers. Mr. Ghauri attended Eastern Illinois University in 1977-78 for Bachelor of Science degree in Management/Economics. He earned
an M.B.A. in Marketing Management from Peter F. Drucker School of Management, Claremont, California in 1981. Mr. Ghauri was elected Vice
Chairman of US Pakistan Business Council in 2006, a Washington D.C. based council of US Chamber of Commerce. He is also very active in
several philanthropic activities in emerging markets and is a founding director of Pakistan Human Development Fund, a non-profit organization,
a partnership with UNDP to promote literacy, health services and poverty alleviation in Pakistan. Mr. Ghauri has participated in NASDAQ
opening and/or closing bell ceremonies in 2006, 2008,2009, 2015 and 2020.

Skills
and Qualifications: Mr. Ghauri has an extensive executive, operational and strategic leadership experience in a global setting and
substantial experience in establishing management performance objective and establishing goals. Mr.