Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 7

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 7
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 same shares will be considered present for purposes of establishing a quorum and may be entitled         
 to vote on other proposals. However, in certain circumstances, such as the appointment of the independent registered public accounting         
 firm, and an amendment to increase the number of shares of authorized common stock, the broker, bank, or other nominee has discretionary       
 authority and therefore is permitted to vote your shares even if the broker, bank, or other nominee does not receive voting instructions       
 from you. Election of directors and the advisory vote to approve the Company’s named executive officer compensation are not considered         
 “routine” matters and as a result, your broker, bank, or other nominee will not have discretion to vote on these matters at                    
 the Annual Meeting unless you provide applicable instructions to do so. Therefore, we strongly encourage you to follow the voting instructions 
 on the materials you receive.                                                                                                                  |

| 3 |

| Q: | What is the difference between holding shares as a “Shareholder 
 of Record” and as a “Beneficial Owner”?                         |

| A: | If your shares are registered in your name on the books and records                                                
 of Equiniti Trust Company, LLC, (EQ) our registrar and transfer agent, you are a “Stockholder                      
 of Record” (also sometimes referred to as a “Registered Shareholder”). If you are a Shareholder of Record, we sent 
 the Notice directly to you.                                                                                        |

If your shares are held by your broker
or bank on your behalf, your shares are held in “Street Name” and you are considered a “Beneficial Owner.” If
this is the case, the Notice has been sent to you by your broker, bank, or other holder of record.

| Q: | Does Anyone Solicit this Proxy and Who Will Pay the Expenses 
 of the Proxy Distribution?                                   |

| A: | We will pay the expenses for the preparation of the proxy materials                                                                           
 and the solicitation of proxies. Our directors, officers or employees may solicit proxies on our behalf in person or by telephone, e-mail,    
 facsimile or other electronic means. These directors, officers and employees will not receive additional compensation for such services.      
 We have hired D.F. King to assist us in the solicitation of votes for approximately $7,500 plus any out-of-pocket expenses. In accordance     
 with the regulations of the United States Securities and Exchange Commission (the “SEC”), we may reimburse brokerage firms                    
 and other custodians, nominees and fiduciaries for their out