NetSol Technologies : Fact Sheet

NASDAQ: NTWK

NETSOL is a global leader in asset finance and leasing solutions, empowering automotive OEMs, autocaptives and financial institutions with cutting-edge technology

INVESTMENT HIGHLIGHTS

Complementary revenue streams driving growth and profitability

Targeting FY24 subscription and support revenue of $28 million

Integrating deep learning AI algorithms to maximize efficiencies

Three consecutive quarters of profitability to start fiscal 2024

Hybrid license/SaaS model has become a strong catalyst for revenue growth

Strong cash position: $12.3M

(as of 3/31/24)

On pace to meet target revenue range of $60 - $61 million for FY24

Expanding U.S. division to address significant market opportunity

Shareholders' equity: $35.3M or $3.10 per share

(as of 3/31/24)

LONG-TERM CUSTOMERS

100% success rate with implementations for industry leaders including:

NASDAQ: NTWK

NASDAQ: NTWK

COMPLEMENTARY REVENUE STREAMS WORKING TOGETHER

TO DRIVE PROFITABLE GROWTH

License Fees:

Key part of business model and revenues

Contract-based structure Building robust pipeline of licensing deals across major markets

SaaS/Recurring Revenue:

SaaS offerings driving more consistent, recurring revenue

Launching new products that position SaaS business for continued growth

Services Revenue:

Derived from implementation and consulting services after the contract has been signed Significant contribution to 3Q24 profitability showcasing NETSOL's model at work

Hybrid license/SaaS model has become strong catalyst for

revenue growth and profitability

ESTABLISHING STRONG FOOTHOLD IN THE U.S. ALONGSIDE

LEADING PRESENCE IN KEY MARKETS

NORTH AMERICA	EUROPE	APAC
Single digit market	Strong market foothold	Significant, established
penetration	Offices in the UK	market presence
Market primed for growth;	Several contracts with major	Offices in Beijing, Bangkok,
50% of U.S. leasing market is	automotive providers across the	Jakarta, and Sydney
still captive finance	continent	Contracts with multiple tier 1
Significant strategic focus	Continuing to increase	automotive providers
Headquarters in Encino, CA;	penetration via innovative new	throughout Asia Pacific
Offices in Austin, TX	products

Investor Relations Contact

IMS Investor Relations

[e-mail] [phone]

SAFE HARBOR STATEMENT

This fact sheet may contain forward-looking statements relating to the development of the Company's products and services and future operating results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "expects," "anticipates," variations of such words, and similar expressions, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and the timing of the market acceptance, as well as the delay in recovery or a prolonged economic downturn that effects our Company, our customers and the world economy. The subject Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

NASDAQ: NTWK