Company: FRHC
Filing Date: 2025-07-29
Form Type: DEF 14A
Source: 0000924805-25-000025
Chunk: 39

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: DEF 14A
Chunk 39
---
 under Equity          
 Compensation Plans    
 (Excluding Securities 
 Reflected in Column   
 (a))                  |           |     |    |
| Equity compensation plans approved by security holders     |     |                      | — |     |                      | — |     |                       | 1,207,526 |     | -1 |
| Equity compensation plans not approved by security holders |     |                      | — |     |                      | — |     |                       |         — |     |    |
| Total                                                      |     |                      | — |     |                      | — |     |                       | 1,207,526 |     |    |

(1) Consists of 1,207,526 shares, including stock options, stock appreciation rights, restricted stock and other equity-based awards, that may be awarded under the Freedom Holding Corp. 2019 Equity Incentive Plan.

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### EXECUTIVE COMPENSATION

### COMPENSATION DISCUSSION AND ANALYSIS
This Compensation Discussion and Analysis (“CD&A”) describes the objectives and components of our executive compensation program and compensation decisions for our named executive officers (“NEOs”) for fiscal year 2025. Our NEOs as of March 31, 2025 were:

| Name            |     | Title                                                                                      |
| Timur Turlov    |     | Chief Executive Officer and Chairman                                                       |
| Askar Tashtitov |     | President                                                                                  |
| Evgeny Ler      |     | Chief Financial Officer                                                                    |
| Jason Kerr      |     | Chief Legal Officer and Acting Corporate Secretary                                         |
| Sergey Lukyanov |     | Chairman of the Management Board of Freedom KZ and Chairman of the Board of Freedom Global |

Executive Compensation Program Overview

Executive Compensation Philosophy and Objectives

The Company’s compensation programs are designed to align executive compensation outcomes with the Company’s commitment to execute on market leadership, revenue growth and enhanced stockholder value and returns.

The Company is continuing to shift to a more robust pay-for-performance model that balances short- and long-term financial and business objectives with the guiding mission to provide above market shareholder returns consistent with corporate objectives and the Company’s risk framework. By extension, our executive compensation program is designed with this philosophy in mind and, thus, has the primary goal of closely aligning the interests of executives and other key employees with those of shareholders.

The compensation committee applies this philosophy with a focus on designing a competitive total compensation package that enables the Company to attract and retain qualified executives and senior management