Securities and Exchange Commission

100F Street, NE

Washington, D.C. 20549

Dear Sirs/Madams:

We have read Items 4.01 and 4.02 of Netcapital Inc.’s Form 8-K dated August 17, 2026, and we agree with the statements set forth in Items 4.01 and 4.02, insofar as they relate to our firm. We have no basis to agree or disagree with the other statements contained therein.

Members of:

WSCPA

AICPA

PCPS

802 North Washington

PO Box 2163

Spokane, Washington

99210-2163

P 509-624-9223

TF 1-877-264-0485

mail@fruci.com

www.fruci.com

Yours truly,

Fruci & Associates II, PLLC