FRHCNasdaqSEC EDGAREDGAR

Freedom Holding Corp.

Security Brokers, Dealers & Flotation Companies·NEW YORK, NY, NY·FY end 03/31·CIK 924805

Board of Directors

7 members · 4 independent · FY 2025
DirectorRoleTenureAgeCommitteesIndep.Annual fees
Timur TurlovCEO and Director10y37CompTelecom——
Askar TashtitovDirector17y46RiskTransactions——
Kairat KelimbetovDirector1y56RiskNCG——
Boris CherdabayevDirector6y71AuditNCGTransactionsTelecom—
Andrew GambleDirector1y71AuditRiskTransactionsCompNCG—
Philippe VogeleerDirector1y52CompNCGTransactionsTelecom—
Amber WilliamsLead Independent Director5y44AuditCompRiskTelecom—

Risk-factor diff

FY 2025 10-K vs. FY 2024
+169 new−140 removed

Net-new paragraphs in the most recent 10-K's Item 1A. Companies rarely add risk language without a real reason — additions here are often a leading signal of management concerns.

NEW · FY 2025

“Our revenues are concentrated in certain customers and products, which may materially adversely affect our business, financial condition, results of operations and cash flows.”

NEW · FY 2025

“A breakdown or interruption in our operational systems or processes may adversely affect our reputation, customers, business activities, operational outcomes, and financial stability.”

NEW · FY 2025

“Our modeling and assumptions used in assessing risks in our business may differ materially from actual results.”

NEW · FY 2025

“We may fail to adequately obtain, maintain, enforce and protect our intellectual property and similar proprietary rights, which may harm our business and competitive position.”

NEW · FY 2025

“Non-compliance with U.S., EU, UK or other sanctions programs could adversely impact our company.”

+ 25 more new paragraphs not shown

Policies & disclosures

Clawback, anti-hedging, stock ownership, and related-party policies will populate from extracted proxy sections.