Company: FRHC
Filing Date: 2025-07-29
Form Type: DEF 14A
Source: 0000924805-25-000025
Chunk: 41

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: DEF 14A
Chunk 41
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| X                 |     | No Automatic Base Salary Increases.Our NEOs’ base salaries are reviewed annually, and the decisions are based on market data provided by our independent compensation consultant.                |
| X                 |     | No Hedging and Pledging Company Stock.Our policies prohibit the pledging and hedging of our stock by our executives and directors.                                                               |

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Elements of Our Fiscal 2025 Compensation Program

Our NEO compensation program currently has three forms of direct compensation: base salary, annual cash incentive awards, and long-term incentives. Below is an overview of the program’s structure:

| Element                    |     | Type     |     | Form                           |     | Key Characteristics                                                                                             |     | Purpose                                                                                                                                                                                                                                             |
| Base Salary                |     | Fixed    |     | Cash                           |     | Annual adjustments based on individual performance, market pay levels and internal pay equity.                  |     | Attracts, retains and rewards NEOs by providing a competitive fixed amount of compensation for service that reflects skill, responsibility, and experience.                                                                                         |
| Annual Cash Incentive      |     | Variable |     | Cash                           |     | Cash or equity bonuses, based on financial, strategic, and operational goals and individual performance.        |     | Focuses NEOs on achievement of our short-term financial, operational, strategic goals and individual goals. Aligns interests of NEOs with stockholders by promoting strong financial performance and achievement of other key corporate objectives. |
| Long-term Equity Incentive |     | Variable |     | Performance-based Stock Awards |     | Equity awards that are forfeitable based on stock price performance that ratably vest over three to five years. |     | Retains NEOs through multi-year vesting of equity awards. Motivates and rewards NEOs for the achievement of long-term corporate performance. Aligns NEOs’ interests with long-term stockholder interests.                                           |

Fiscal 2025 Total Direct Compensation Mix

The compensation committee strives to achieve an appropriate mix between fixed versus variable pay and cash versus equity-based compensation awards in order to meet our compensation objectives. In determining the mix of compensation among these elements, the committee does not assign specific ratios or other relative measures that dictate the total compensation mix to be awarded or targeted to the executive team, or the portion that is either at-risk or otherwise subject to performance. Nevertheless, as illustrated by the charts below, the compensation committee structured executive

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