Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 73

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 73
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,661,348 |     |           | - |     |           | 38,652 |     |             | 250,000 |

<div align='center'>Compensation Committee Report</div>

The Compensation Committee of the Board of Directors has reviewed and discussed the Compensation Discussion and Analysis contained within this Proxy Statement with management and, based on such review and discussion, the Compensation Committee recommended to the Board of Directors that the Compensation Discussion and Analysis be included in this Proxy Statement and incorporated into NetSol Technologies, Inc. Annual Report on Form 10K for the year ended June 30, 2024, as previously filed.

Compensation Committee

Mark Caton (Chair)

Kausar Kazmi

Michael Francis

| 54 |

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth certain information regarding the beneficial ownership of the Company’s Common Stock, its only class of outstanding voting securities as of [_______], 2025, by (i) each person who is known to the Company to own beneficially more than 5% of the outstanding common Stock with the address of each such person, (ii) each of the Company’s present directors and officers, and (iii) all officers and directors as a group:

|                                                       |     |       |   |     | Number of Shares       |           |     |            |       |   |
| Name of Beneficial Owner (1)                          |     |       |   |     | Beneficially Owned (2) |           |     | Percentage |       |   |
| Najeeb Ghauri                                         |     | -3)(a |   |     |                        |   903,363 |     |            |  7.14 | % |
| Naeem Ghauri                                          |     | -3)(a |   |     |                        |   472,869 |     |            |  3.74 | % |
| Mark Caton                                            |     | (3    | ) |     |                        |   154,074 |     |            |  1.22 | % |
| Kausar Kazmi                                          |     | (3    | ) |     |                        |    63,937 |     |            |     * |   |
| Michael Francis                                       |     | (3    | ) |     |                        |    14,925 |     |            |     * |   |