May 04, 2026 (MLN): NETSOL Technologies Limited (PSX:NETSOL) has taken steps to introduce an Employee Share Option Scheme (ESOS) for its eligible employees, with the Board of Directors resolving to recommend the scheme for shareholder approval through a special resolution.

Under the proposed scheme, up to 5 million options representing approximately 5.57% of the company's existing paid-up capital, that would be made available to permanent employees, including members of senior management.

The exercise price for these options will be set at a 50% discount to the closing market price of the company's shares on the date of grant, with cash as the mode of consideration.

The Board has framed the initiative as a long-term retention strategy, aimed at keeping key human capital within the organization by aligning employee interests with those of shareholders and fostering a sense of ownership.

Alongside the ESOS, the Board has also moved to recommend the sale of 2,690,251 million treasury shares to eligible employees under the company's existing Share Option Scheme, in line with the Listed Companies (Buy-back of Shares) Regulations, 2019, according to the company’s on PSX.

To seek shareholder approval on both matters, NETSOL Technologies will convene an Extra-Ordinary General Meeting (EOGM) on June 3, 2026, at 11:00 a.m. in Lahore.

The company's Share Transfer Book will remain closed from May 28 to June 3, 2026 (both days inclusive). Transfers received by the close of business on May 27, 2026 will be considered eligible for participation in the meeting.

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