Freedom Holding Corp. Files Annual Report
Ticker: FRHC · Form: DEF 14A · Filed: 2024-07-29T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, annual-report, corporate-governance
Related Tickers: FRHC
TL;DR
FREEDOM HOLDING CORP (FRHC) FILED 14A FOR FY24. CHECK FOR GOVERNANCE & FINANCIALS.
AI Summary
Freedom Holding Corp. filed a DEF 14A on July 29, 2024, for the fiscal year ending March 31, 2024. The filing details financial information and corporate governance matters. The company, previously known as BMB Munai Inc. and Interunion Financial Corp., is incorporated in Nevada and headquartered in Almaty, Kazakhstan.
Why It Matters
This filing provides shareholders and potential investors with crucial information regarding the company's financial performance and governance structure for the past fiscal year.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but the company's international operations and past name changes could introduce complexities.
Key Numbers
- 20240331 — Fiscal Year End (Reporting period for the filing)
- 20240729 — Filing Date (Date the DEF 14A was submitted)
Key Players & Entities
- Freedom Holding Corp. (company) — Filer
- BMB Munai Inc. (company) — Former company name
- Interunion Financial Corp (company) — Former company name
- 0000924805-24-000054.txt (document) — Filing document name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an upcoming annual or special meeting of shareholders. It contains detailed information about matters to be voted on, including director elections, executive compensation, and other corporate actions.
When did Freedom Holding Corp. change its name from BMB Munai Inc.?
Freedom Holding Corp. changed its name from BMB Munai Inc. on December 18, 2003.
What is Freedom Holding Corp.'s Standard Industrial Classification (SIC) code?
Freedom Holding Corp.'s SIC code is 6211, which corresponds to 'SECURITY BROKERS, DEALERS & FLOTATION COMPANIES'.
Where is Freedom Holding Corp. headquartered?
Freedom Holding Corp. is headquartered at Esentai Tower BC, Floor 7, 77/7 Al Farabi Ave., Almaty, Kazakhstan.
What is the SEC file number for Freedom Holding Corp.?
The SEC file number for Freedom Holding Corp. is 001-33034.
Filing Stats: 4,834 words · 19 min read · ~16 pages · Grade level 12.3 · Accepted 2024-07-29 14:36:30
Key Financial Figures
- $37,643 — itation firm, at an anticipated cost of $37,643 plus reimbursement of expenses, to assi
Filing Documents
- fre-20240729.htm (DEF 14A) — 686KB
- fre-20240729_g1.jpg (GRAPHIC) — 72KB
- fre-20240729_g10.jpg (GRAPHIC) — 375KB
- fre-20240729_g11.jpg (GRAPHIC) — 162KB
- fre-20240729_g2.jpg (GRAPHIC) — 22KB
- fre-20240729_g3.jpg (GRAPHIC) — 42KB
- fre-20240729_g4.jpg (GRAPHIC) — 17KB
- fre-20240729_g5.jpg (GRAPHIC) — 21KB
- fre-20240729_g6.jpg (GRAPHIC) — 60KB
- fre-20240729_g7.jpg (GRAPHIC) — 40KB
- fre-20240729_g8.jpg (GRAPHIC) — 36KB
- fre-20240729_g9.jpg (GRAPHIC) — 37KB
- 0000924805-24-000054.txt ( ) — 3261KB
- fre-20240729.xsd (EX-101.SCH) — 4KB
- fre-20240729_def.xml (EX-101.DEF) — 3KB
- fre-20240729_lab.xml (EX-101.LAB) — 8KB
- fre-20240729_pre.xml (EX-101.PRE) — 5KB
- fre-20240729_htm.xml (XML) — 88KB
SECURITY OWNERSHIP
SECURITY OWNERSHIP 25
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 28 COMPENSATION DISCUSSION AND ANALYSIS 28 SUMMARY COMPENSATION TABLE 36 P AY RATIO DISCLOSURE 35 PAY VERSUS PERFORMANCE 36 PROPOSAL TWO - ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 39 PROPOSAL THREE - ADVISORY VOTE ON THE FREQUENCY OF AN ADVISORY VOTE ON EXECUTIVE COMPENSATION 40 PROPOSAL FOUR - RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 40 PRINCIPAL ACCOUNTANT FEES AND SERVICES 41 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 42 STOCKHOLDER PROPOSALS FOR THE 2025 ANNUAL MEETING 43 202 4 ANNUAL REPORT ON FORM 10-K 45 INCORPORATION BY REFERENCE 45 OTHER MATTERS 45 INFORMATION ABOUT THE 2024 ANNUAL MEETING AND VOTING Why did I receive these Proxy Materials? We are providing the Notice of Annual Meeting of Stockholders, Proxy Statement, voting instructions, form of proxy and Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (the "Proxy Materials") in connection with the solicitation by the board of directors (the "Board") of Freedom Holding Corp., a Nevada corporation, (the "Company," "FRHC," "we," "us," or "our") of proxies to be voted at our 2024 Annual Meeting of stockholders for the fiscal year ended March 31, 2024 ("fiscal 2024") , and at any adjournment or postponement thereof (the "2024 Annual Meeting"). We anticipate that the Notice of Internet Availability of Proxy Materials will first be sent to stockholders on or about August 1, 2024. What is the difference between holding shares as a stockholder of record and as a beneficial owner? If your shares are registered directly in your name with our transfer agent, Pacific Stock Transfer Company, you are considered the "stockholder of record" with respect to those shares. If you are a stockholder of record, we are sending the Proxy Materials directly to you at the address of record on account with Pacific Stock Transfer Company. If your shares are held in a stock brokerage acco