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.

SIGNATURES

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

NET ELEMENT, INC.

By:

/s/ Jonathan New< p>

Name: Jonathan New

Title: Chief Financial Officer

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Other recent filings from the company include the following:

Registration statement under Securities Act of 1933 - April 18, 2018
Net Element Reports Full-Year 2017 Financial Results And Provides Business Update - April 2, 2018
Net Element International Just Filed Its Annual Report: Net Loss per Sh... - April 2, 2018
Net Element International director just declared ownership of no shares of Net Element International - March 28, 2018
Net Element Appoints Seasoned Fintech Executive To Board Of Directors - March 26, 2018

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