Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 211

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 211
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 938,396 US sovereign debt 3.06 % 13,172 — 13,172 Corporate equity — % — — — Total securities sold under repurchase agreements $ 2,482,004 $ 274,592 $ 2,756,596 The fair value of collateral pledged under repurchase agreements as of March 31, 2025 and 2024, was $1,436,271 and $2,753,601, respectively. Securities pledged as collateral by the Group under repurchase agreements are liquid trading securities with market quotes and significant trading volume. As of March 31, 2025 and 2024, securities repurchase agreement obligations included accrued interest in the amount of $4,798 and $11,684, with a weighted average maturity of 10 days and 12 days, respectively. All securities repurchase agreements transactions were executed through the Kazakhstan Stock Exchange. NOTE 13 - CUSTOMER LIABILITIES The Group recognizes customer liabilities associated with deposit funds of its brokerage and bank customers. As of March 31, 2025, and March 31, 2024, customer liabilities consisted of: March 31, 2025 March 31, 2024 Amount Interest rate Amount Interest rate Interest-bearing deposits: Term deposits $ 1,722,313 0.05% -18.3% $ 1,221,072 0.04%-17.3% Total Interest-bearing deposits $ 1,722,313 $ 1,221,072 Non-interest-bearing accounts: Brokerage customers $ 2,167,111 $ 742,902 Customer accounts 415,575 309,856 Total non-interest-bearing accounts $ 2,582,686 $ 1,052,758 Total customer liabilities $ 4,304,999 $ 2,273,830 In accordance with Kazakhstan law requirements, commercial banks conclude agreements with JSC Kazakhstan Deposit Insurance Fund ("KDIF"), under which banks are required to pay commissions to KDIF on a recurring basis, the amount of which depends on the term deposits and demand deposits received by banks from their customers. Under the agreement, KDIF insures the term deposits and demand deposits up to $40 for each customer. As at March 31, 2025 and March 31, 2024, respectively, the Group had total amounts in excess of insured bank time deposits of $669,753 and $600,972 for all customers. Table of Contents FREEDOM HOLDING CORP.