Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 197

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 197
---
196, respectively. The collateral held from these non-related party customers was valued at $3,218,277 and $460,771 as of March 31, 2025, and March 31, 2024, respectively. For both individual and institutional brokerage customers, the Group may enter into arrangements for securities financing transactions in respect of financial instruments held by the Group on behalf of the customer or may use such financial instruments for our own account or the account of another customer. The Group maintain omnibus brokerage accounts for our customers, including institutional brokerage customers, in which transactions of these customers and the underlying customers of these institutional brokerage customers are combined in a single account with us. As noted above, the Group may use the assets within the omnibus accounts to finance, lend, provide credit or provide debt financing or otherwise use and direct the order or manner of assets for financing of other customers of ours. Where allowed by the regulations applicable to the Group, the Group may accept short sales from these institutional customers and as a result, the Group is only required to maintain positions with third party custodians for the net long positions in each security in the omnibus accounts. As of March 31, 2025 and March 31, 2024, using actual, historical and statistical data, the Group recorded an allowance for brokerage receivables in the amounts of $19,256 and $11,990, respectively. 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) 126

NOTE 7 - LOANS ISSUED Loans issued as of March 31, 2025, consisted of the following: Amount Outstanding Due Dates Average Interest Rate Fair Value of Collateral Loan Currency Mortgage loans $ 924,530 April 2025 - March 2050 11.4% $ 924,386 KZT Uncollateralized bank customer loans 249,448 April 2025 - March 2045 28.1% — KZT Right of claim for purchased retail loans 183,635 April 2025 - March 2030 15.0% 183,635 KZT Car loans 156,340 April 2025 - April 2032 24.2% 155,320 KZT Collateralized bank customer loans 148,759 April 2025 - July