NetSol Technologies (NASDAQ: NTWK) investors back board, pay and auditors

Rhea-AI Filing Summary

NetSol Technologies, Inc. reported the results of its annual shareholder meeting held on June 18, 2026. Of the shares outstanding as of the April 28, 2026 record date, 69.73% or 8,270,463 shares were represented, establishing a quorum.

All seven director nominees were elected, with support levels generally above 84%, including 98.66% of votes cast for Richard Howard and 97.59% for Ian Smith. Shareholders also approved, on an advisory basis, the compensation of the named executive officers, with 5,403,651 votes in favor, representing 77.51% of votes cast on that item.

Shareholders ratified the appointment of Fortune CPA, Inc. as the Company’s auditors for the fiscal year ending June 30, 2026, with 8,113,786 votes in favor, or 98.64% of votes cast on this proposal.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Shares represented: 8,270,463 shares Director votes for Richard Howard: 6,886,109 shares for Director votes for Ian Smith: 6,811,430 shares for +3 more

6 metrics

Shares represented 8,270,463 shares 69.73% of issued and outstanding as of April 28, 2026

Director votes for Richard Howard 6,886,109 shares for Director election, 98.66% of total votes for directors

Director votes for Ian Smith 6,811,430 shares for Director election, 97.59% of total votes for directors

Say-on-pay total votes 6,985,886 shares Advisory vote on named executive officer compensation

Say-on-pay votes in favor 5,403,651 shares 77.51% of votes cast in favor of compensation

Auditor ratification votes in favor 8,113,786 shares Ratification of Fortune CPA, Inc., 98.64% in favor

Key Terms

broker non-votes, record date, advisory basis, ratification of appointment of auditors

4 terms

broker non-votes financial

"Broker non-votes, which are voted in the ratification of appointment of auditors, are present"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

record date financial

"Of the total issued and outstanding shares as of April 28, 2026 the record date, 69.73%"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

advisory basis financial

"To approve, on an advisory basis, compensation of the Named Executive Officers"

ratification of appointment of auditors financial

"Ratification of Appointment of Auditors Fortune CPA, Inc. was appointed as Auditors"

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Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 18, 2026

Commission file number: 0-22773

NETSOL TECHNOLOGIES, INC.

(Exact name of small business issuer as specified in its charter)

nevada		95-4627685
(State or other Jurisdiction of		(I.R.S. Employer NO.)
Incorporation or Organization)

16000 Ventura Blvd. Suite 770, Encino, CA 91436

(Address of principal executive offices) (Zip Code)

(818) 222-9195 / (818) 222-9197

(Issuer’s telephone/facsimile numbers, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $.01 par value per share		NTWK		NASDAQ

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 18, 2026, NetSol Technologies, Inc. (the “Company”) convened its annual meeting of shareholders. The following proposals were submitted to a vote of security holders. Of the total issued and outstanding shares as of April 28, 2026 the record date, 69.73% or 8,270,463 shares voted in this election. Broker non-votes, which are voted in the ratification of appointment of auditors, are present for purposes of establishing a quorum, but are not considered voted in other proposals.

1. Election of Directors

The following were elected directors of the Company to hold office until the next Annual General Meeting of the Shareholders. A total of 7,194,620 shares of common stock cast votes for directors. The following sets forth the tabulation of the shares voted for each director:

Director		For		Against		Abstain		% of Total Voted For *
Najeeb Ghauri		6,630,524		348,619		6,743		95.00%
Naeem Ghauri		6,626,769		352,774		6,343		94.94%
Asad Ghauri		6,058,855		920,689		6,342		86.80%
Richard Howard		6,886,109		93,435		6,342		98.66%
Aamir Ibrahim		6,077,805		640,174		267,907		90.47%
Syed Kausar Kazmi		5,889,608		1,089,935		6,343		84.38%
Ian Smith		6,811,430		168,113		6,343		97.59%

2. To approve, on an advisory basis, compensation of the Named Executive Officers:

The shareholders approved on an advisory basis the named executive officer compensation. The following sets forth the tabulation of the shares voting in connection with this proposal.

Total Shares Voted		For		Against		Abstain		% of Total Voted in Favor *
6,985,886		5,403,651		1,567,200		15,035		77.51%

3.. Ratification of Appointment of Auditors:

Fortune CPA, Inc. was appointed as Auditors for the Company for the fiscal year ending June 30, 2026. Ratification of this appointment was sought in this proposal. The following sets forth the tabulation of the shares voting for this matter.

Total Shares Voted		For		Against		Abstain		% of Total Voted in Favor *
8,270,463		8,113,786		111,041		45,636		98.64%

* Less Abstention/Withheld

Page 2

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		NETSOL TECHNOLOGIES, INC.
Date:	June 18, 2026	/s/ Najeeb Ghauri
		NAJEEB GHAURI
		Chief Executive Officer

Date:	June 18, 2026	/s/ Sardar Mohammad Abubakr
		SARDAR MOHAMMAD ABUBAKR
		Chief Financial Officer

Page 3

FAQ

What did NetSol Technologies (NTWK) shareholders approve at the 2026 annual meeting?

Shareholders re-elected all seven directors, approved on an advisory basis the compensation of named executive officers, and ratified Fortune CPA, Inc. as auditors for the fiscal year ending June 30, 2026, each with strong majority support in the votes cast.

How many NetSol Technologies (NTWK) shares were represented at the 2026 annual meeting?

A total of 8,270,463 shares were represented, equal to 69.73% of issued and outstanding shares as of the April 28, 2026 record date, providing a sufficient quorum for conducting the annual meeting’s business and voting on all proposals presented.

How did NetSol Technologies (NTWK) shareholders vote on executive compensation?

Shareholders approved, on an advisory basis, the compensation of NetSol’s named executive officers. Of 6,985,886 shares voting on this proposal, 5,403,651 were cast in favor, 1,567,200 against, and 15,035 abstained, resulting in 77.51% approval of votes cast in favor.

What were the results of NetSol Technologies (NTWK) auditor ratification vote?

Shareholders ratified the appointment of Fortune CPA, Inc. as auditors for the fiscal year ending June 30, 2026. Of 8,270,463 shares voting, 8,113,786 were for, 111,041 against, and 45,636 abstained, resulting in 98.64% of votes cast in favor.

Which NetSol Technologies (NTWK) director received the highest support in the 2026 vote?

Director Richard Howard received the highest support among nominees, with 6,886,109 votes for, 93,435 against, and 6,342 abstentions. This represented 98.66% of total votes cast for directors, indicating strong shareholder backing for his continued service on the board.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB