Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1466

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 8
Chunk 1466
---
the supervision and participation of management, including the Chief Executive Officer and Chief Financial Officer, we have performed
an assessment of the effectiveness of our internal controls over financial reporting as of June 30, 2025. This assessment was based on
the criteria established in Internal Control-Integrated Framework (2013), issued by the Committee of Sponsoring Organizations of the
Treadway Commission. Based on the results of our assessment, the Company has determined that as of June 30, 2025, the Company’s
internal control over financial reporting is effective.

Changes
in Internal Control over Financial Reporting 

There
have been no changes in our internal controls over financial reporting during the fourth quarter of fiscal year 2025, that have materially
affected, or are reasonable likely to materially affect, the Company’s internal control over financial reporting (as defined in
Exchange Act Rules 13a – 15(f) and 15d – 15(f)).

ITEM
9B. OTHER INFORMATION

Rule
10b5-1 Trading Plans

During
the fiscal quarter ended June 30, 2025, none of the Company’s directors or executive officers adopted, modified or terminated any
contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense
conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”

ITEM
9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

NONE

28

PART
III

ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 

Section
16(a) Beneficial Ownership Reporting Compliance

Section
16(a) of the Securities Exchange Act of 1934, as amended, requires that the Company’s directors and executive officers and persons
owning more than 10% of the outstanding Common Stock, file reports of ownership and changes in ownership with the Securities and Exchange
Commission (“SEC”). Executive officers, directors and beneficial owners of more than 10% of the Company’s Common Stock
are required by SEC regulation to furnish the Company with copies of all Section 16(a) forms they file.

Based
solely on copies of such forms furnished as provided above, or written representations that no such forms were required, the Company
believes that during the fiscal year ended June 30, 2025, all Section 16(a) filing requirements applicable to its