Company: FRHC
Filing Date: 2025-07-29
Form Type: DEF 14A
Source: 0000924805-25-000025
Chunk: 12

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: DEF 14A
Chunk 12
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INEES LISTED ABOVE |

Board Experience

We believe that it is important for each of our directors to possess many qualities and skills. When searching for candidates, the nominating and corporate governance committee of our Board (the “nominating and corporate governance committee”) considers the evolving needs of the Board and searches for candidates that fill any current or anticipated future gap. The nominating and corporate governance committee considers a candidate’s business experience, judgment, background, conflicts of interest, integrity, ethics and commitment to the goal of maximizing stockholder value. Candidates should possess one or more of the following skills and qualifications: experience in the financial services industry, experience in international business, financial expertise, accounting skills, human resource management, public company management, legal expertise, or other relevant expertise.

The Board and the nominating and corporate governance committee believe that it is desirable to have a variety of viewpoints on the Board, and as such, the nominating and corporate governance committee considers diversity of viewpoints, backgrounds and experience in searching for candidates. With respect to the nomination of continuing directors for re-election, the individual’s contributions to the Board are also considered. The following diagram provides information regarding our directors as of July 29, 2025:

In December 2024, the U.S. Court of Appeals for the Fifth Circuit vacated Nasdaq Rule 5606, which required disclosure about board diversity, and Rule 5605(f), which required companies to have, or explain why they did not have, at

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least the minimum number of directors in specified diversity categories. Under the court order, the Company, as a Nasdaq-listed company, is no longer required to comply with these rules.

The following are brief biographies, as of the date of this Proxy Statement, of the nominees for Class III directors and each person whose term as a Class I or Class II director will continue after the 2025 Annual Meeting.

| Timur Turlov                                                                                    
 Age: 37                                                                                         
 Class III Director Since:                                                                       
 November 2015                                                                                   
 Continuing in office until the 2025 Annual Meeting                              Non-independent 
 Committee Memberships:                                                                          
 Compensation                                                                                    
 Telecom                                                                                         |     | Mr. Turlov has served as the chief executive officer and chairman of the Board since November 2015. He graduated from Russia State Technic University (named after Tsiolkovsky) in 2009 with a Bachelor of Science degree in economics and management. Mr. Turlov holds a management certificate in stock