Slide 1: NetSol Technologies Earnings Results
rSOL TECHNOLOGIES ~ 3EARNINGS RESULTS: —_ rsday, ae 3 - -
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation may contain forward-looking statements relating to the development of NETSOL Technologies’ products and services and future operating results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actua
Slide 3: A leading Fintech, IT company
a leading Fintech, IT company ré solutions to the global leasing e industry WY, yA
Slide 4: Third Quarter Highlights
THIRD QUARTER HIGHLIGHTS Global customer growth + Multi-million-dollar agreement with Kubota, a leading Japanese equipment finance company + Went live with API-first and cloud-based calculation engine Flex for UK based business finance provider Expansion into North American markets + Establishing cl
Slide 5: Growing Base of Customers and Partnerships
GROWING BASE OF CUSTOMERS AND PARTNERSHIPS NETSOL has built a strong customer base highlighted by global industry leaders across the leasing and finance industries New customers and partnerships in the third quarter include: Y Multi-million-dollar agreement with leading Japanese equipment finance co
Slide 6: Comprehensive Suite of Products to Meet Customer Needs
COMPREHENSIVE SUITE OF PRODUCTS TO MEET CUSTOMER NEEDS NFS NES ASCENT DIGITAL otoz Extremely adaptive retail Robust digital White-labelled SaaS and wholesale platform for transformation solutions platform for OEMs, auto- the global finance and to augment and enhance captives, dealers and leasing ind
Slide 7: Robust Geographic Presence and Experience
ROBUST GEOGRAPHIC PRESENCE AND EXPERIENCE Years in the Americas $200B+ 300+ 200+ Assets managed Successful Global globally implementations clients 25K+ Users globally 7K+ Connected interfaces 100% Project success tate
Slide 8: Investing in Growth Across North America
INVESTING INGROWTH ACROSS NORTH AMERICA Growing North American Sales * 12.5% growth in NA sales compared to 3Q22 + Multi-million-dollar contract with tier 1 automotive provider + Otoz product offering live in 53 dealers across 24 U.S. states Establishing support and delivery center in Austin, TX * A
Slide 9: Establishing NetSol as a SaaS/Fintech IT Company
ESTABLISHING NETSOLAS A SaaS/FINTECH IT COMPANY Sequential Subscription and Support Revenue Growth Driven by Increased Demand for SaaS/Al/Cloud Offerings . : :f + Al& Saas offerings represent a tremendous market opportunity, especially in the U.S. + SaaS/cloud-based products drive recurring high-mar
Slide 10: Cost Reduction Initiatives Generating Savings Across Business
COST REDUCTION INITIATIVES GENERATING SAVINGS ACROSS BUSINESS Significant savings expected by fiscal year end 2023 Implementing cost efficiency initiatives to drive enhanced growth + Expected 25% reduction in headcount by Q1 2024 * Expected material positive impact on net profit, earnings per share,
Slide 11: Selected Financials
SELECTED FINANCIALS thousar 3Q23 Constant Currency 3Q22 Net revenues $13,506 $14,101 $14,809 License fees $1,983 $2,100 7 $1,621 emt and $6,656 $6,819 $6,554 Services revenue $4,867 $5,182 $6,634 Gross profit $4,705 $2,410 $5,835 Operating expense $(5,635) $(6,864) $(6,374) Other income $6,401 $7,91
Slide 12: Exciting Outlook and Market Opportunity
EXCITING OUTLOOK AND MARKET OPPORTUNITY Expanding into the largely untapped North American market + United States represents NETSOL’s most vibrant growth opportunity * Client support facility in Austin, TX + Actively pursuing M&A opportunities Establishing NETSOL as a SaaS/Fintech IT provider * Rapi
Slide 13: Q&A
Slide 14: Appendix
APPENDIX iL
Slide 15: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Forthe Three Months Forthe Nine Months Ended March 31, Ended March), 7 Tm mm ‘Net Income (loss) attbutabe to NetSol S 25463 S$ RAM —-S——(165032) S$ 316284 [Non-ontrling interest 1,697,908 16,98, 157,609 1685287 Income tas mis 157604 a2, 526737 Depreciation and amortization 79