Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 189

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 189
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 $ 837,302 $ 545,084 As of March 31, 2025 and 2024 cash and cash equivalents balance included short-term collateralized securities received under reverse repurchase agreements which the Group concludes mainly on KASE. KASE, in turn, guarantees payments to the counterparty. The terms of the short-term collateralized securities received under reverse repurchase agreements as of March 31, 2025 and 2024 are presented below: March 31, 2025 Interest rates and remaining contractual maturity of the agreements Average interest rate Up to 30 days Total Securities purchased under reverse repurchase agreements Corporate equity 17.05 % $ 58,202 $ 58,202 Corporate debt 13.27 % 16,644 16,644 Non-US sovereign debt 4.48 % 4,436 4,436 US sovereign debt 16.75 % 1,836 1,836 Total $ 81,118 $ 81,118 March 31, 2024 Interest rates and remaining contractual maturity of the agreements Average interest rate Up to 30 days Total Securities purchased under reverse repurchase agreements Corporate equity 14.57 % $ 96,647 $ 96,647 US sovereign debt 4.77 % 16,885 16,885 Non-US sovereign debt 4.45 % 12,468 12,468 Corporate debt 5.31 % 8,961 8,961 Total $ 134,961 $ 134,961 Table of Contents FREEDOM HOLDING CORP. NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2024 (All amounts in thousands of United States dollars, except share data, unless otherwise stated) 119

The securities received by the Group as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Group under reverse repurchase agreements as of March 31, 2025 and 2024, was $82,140 and $133,380 respectively. As of March 31, 2025 and March 31, 2024, securities purchased under reverse repurchase agreements included accrued interest in the amount of $5 and $106, with a weighted average maturity of 1 day and 3 days, respectively. All securities repurchase agreements transactions were executed through the KASE. NOTE 4 - RESTRICTED CASH Restricted cash for the periods ended March 31