Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 195

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 195
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5,138 Reclassification to Level 2 (32) Deconsolidation of Freedom UA securities (3,927) Sale of investments that use Level 3 inputs (15,856) Purchase of investments that use Level 3 inputs 35,807 Revaluation of investments that use Level 3 inputs (132) Reclassification to investment in associate (556) Balance as of March 31, 2024 $ 20,442 Revaluation of investments that use Level 3 inputs (2,122) Balance as of March 31, 2025 $ 18,320 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) 124

The table below presents the amortized cost, unrealized gains and losses accumulated in other comprehensive income, and fair value of available-for-sale securities as of March 31, 2025 and 2024: March 31, 2025 Assets measured at amortized cost Recognized impairment loss in Income Statement Unrealized gain/ (loss) accumulated in other comprehensive income/(loss) including foreign currency translation adjustments, net Assets measured at fair value Maturity Date Non-US sovereign debt 211,628 (378) (3,019) 208,231 2025 - indefinite Corporate debt $ 243,660 $ (28) $ 98 $ 243,730 2025 - 2039 U.S. sovereign debt 21,868 — (242) 21,626 2027 - 2044 Total available-for-sale securities, at fair value $ 477,156 $ (406) $ (3,163) $ 473,587 March 31, 2024 Assets measured at amortized cost Recognized impairment loss in Income Statement Unrealized loss accumulated in other comprehensive income/(loss) including foreign currency translation adjustments, net Assets measured at fair value Maturity Date Corporate debt $ 172,689 $ (61) $ 940 $ 173,568 2024 - 2039 Non-US sovereign debt 29,121 (352) (1,753) 27,016 2024 - indefinite U.S. sovereign debt 16,767 — (730) 16,037 2027 - 2044 Total available-for-sale securities, at fair value $ 218,577 $ (413) $ (1,