Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 649

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 2
Chunk 649
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 of the Company. The Board
of Directors elects the executive officers of the Company annually. Each year the stockholders elect the Board of Directors. The executive
officers serve varying terms until their death, resignation or removal by the Board of Directors. In addition, there was no arrangement
or understanding between any executive officer and any other person pursuant to which any person was selected as an executive officer.

The
directors and executive officers of the Company are as follows:

    Name 
    Year First Elected as an Officer or Director 
    Age 
    Position Held with the Registrant 
    Family Relationship
  
    Najeeb Ghauri 
    1997 
    71 
    Chief Executive Officer, Chairman and Director 
    Brother of Naeem Ghauri
  
    Naeem Ghauri 
    1999 
    68 
    President 
    Brother of Najeeb Ghauri
  
    Roger Almond 
    2013 
    60 
    Chief Financial Officer 
    None
  
    Patti L. W. McGlasson 
    2004 
    60 
    Sr. V.P., Legal and Corporate Affairs; Secretary, General Counsel 
    None
  
    Mark Caton 
    2002 
    76 
    Director 
    None
  
    Malea Farsai 
    2018 
    56 
    Director; Corporate Counsel 
    None
  
    Syed Kausar Kazmi 
    2019 
    72 
    Director 
    None
  
    Michael Francis 
    2023 
    59 
    Director 
    None
  
    Ian Smith 
    2025 
    54 
    Director 
    None

Business
Experience of Officers and Directors:

NAJEEB
U. GHAURI is the Chief Executive Officer and Chairman of NETSOL. He has been the Co-founder and director of the Company since 1997,
Chairman since 2003 and Chief Executive Officer from January 1998 to September 2002 and from October 2006 to present. Mr. Ghauri was
responsible for NETSOL listing on NASDAQ in 1999 and NETSOL Pakistan subsidiary listing on the Karachi Stock Exchange in 2005. Mr. Ghauri
served as the Company’s Chief Executive Officer from 1999 to 2001 and as the Chief Financial Officer from 2001 to 2005. As CEO,