Departure of Directors or Certain

On July 7, 2017, William Healy submitted his resignation, to be effective June 30, 2017, as Director of Net Element, Inc. (theCompany), due to personal reasons and not over any disagreement with the Board of Directors or the Companys management. Mr. Healy has served on the Board of Directors of the Company since June 30, 2014.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 9, 2017



/s/ Jonathan New< p>

Name: Jonathan New

Title: Chief Financial Officer

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Other recent filings from the company include the following:

Net Element International releases salary data. CEO sees compensation fall -51% - Oct. 10, 2018

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