Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 234

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 234
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 (years) Volatility Risk-free rate October 6, 2022 3.62 47.90 % 3.24 % March 1, 2024 4.91 36.60 % 4.18 % April 1, 2024 4.82 36.62 % 4.36 % April 23, 2024 4.76 36.68 % 4.65 % June 24, 2024 4.59 36.89 % 4.31 % July 1, 2024 4.57 36.98 % 4.47 % July 12, 2024 1.54 37.30 % 4.64 % August 5, 2024 4.48 37.51 % 3.64 % August 13, 2024 4.45 37.69 % 3.70 % October 1, 2024 4.32 37.03 % 3.51 % February 13, 2025 3.95 35.41 % 4.35 % February 25, 2025 4.91 36.42 % 4.03 % The table below summarizes the activity for the Company's stock awards outstanding during the year ended March 31, 2025: Shares Weighted Average Fair Value Outstanding, March 31, 2024 983,205 57,598 Granted 766,958 82,520 Vested (526,611) (41,576) Forfeited/cancelled/expired (16,245) (794) Outstanding, March 31, 2025 1,207,307 97,748 NOTE 26 - LEASES At March 31, 2025, the Group was obligated under a number of noncancellable leases, predominantly operating leases of office space, which expire at various dates through 2033. The Group's primary involvement with leases is in the capacity as a lessee where a Group lease premises to support its business. The Group determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. Operating lease liabilities and right-of-use (ROU) assets are recognized at the lease commencement date based on the present value of the future minimum lease payments over the lease term. The future lease payments are discounted at a rate that estimates