Boardroom Alpha
10-K primary document
FRHC · Annual Report (Form 10-K) · Filed June 1, 2026

Freedom Holding Corp10-K exhibit

ex2101listofsubsidiaries20.htm
Document

EXHIBIT 21.01

LIST OF SUBSIDIARIES


    Listed below are our subsidiaries, our percentage ownership in each subsidiary and the total number of subsidiaries directly or indirectly owned by each of our subsidiaries.
Subsidiary Name and Jurisdiction of Formation
Our
% Ownership
U.S. Subsidiaries of our Subsidiaries
Non-U.S. Subsidiaries of our Subsidiaries
Freedom Finance JSC, Kazakhstan
100%
-
3
Freedom Bank Kazakhstan JSC, Kazakhstan(1)
100%
-
2
Life Insurance Company Freedom Finance Life JSC, Kazakhstan
100%
-
-
Insurance Company Freedom Finance Insurance JSC, Kazakhstan
100%
-
-
Freedom Finance Europe Limited, Cyprus(2)
100%
-
14
Freedom Finance Technologies Ltd,
Cyprus
100%
-
-
Freedom Structured Products PLC, Cyprus
100%
-
-
Freedom Prime UK Ltd, United Kingdom
100%
-
-
Freedom Finance LLC, Uzbekistan
100%
-
-
Freedom Finance Azerbaijan LLC, Azerbaijan
100%
-
-
Freedom Finance Armenia LLC, Armenia
100%
-
-
Freedom Finance FZE, United Arab Emirates
100%
-
-
Freedom Management Ltd., United Arab Emirates
100%
-
2
Freedom Broker Global Markets Ltd, United Arab Emirates
100%
-
-
Freedom Telecom International FZE, United Arab Emirates
100%
-
-
Freedom Finance Global PLC, Kazakhstan
100%
-
-
Freedom Finance Special Purpose Company LTD, Kazakhstan
100%
-
-
Freedom Kazakhstan Ltd, Kazakhstan
100%
-
16
Ticketon Events LLP, Kazakhstan(3)
100%
-
3
Freedom Technologies LLP, Kazakhstan(4)
100%
-
6
Freedom Telecom Holding Ltd, Kazakhstan(5)
100%
-
3
Freedom Cloud Holding Ltd., Kazakhstan (6)
100%
-
4
Freedom Advertising Ltd, Kazakhstan
100%
-
-
Aviata LLP, Kazakhstan
100%
-
-
Internet-Tourism LLP, Kazakhstan
100%
-
-
Club T LLP, Kazakhstan
100%
-
-
Club T Astana LLP, Kazakhstan
100%
-
-
Freedom Events LLP, Kazakhstan
100%
-
-



Freedom Tech Ltd., Kazakhstan
100%
-
-
Freedom Ventures Ltd., Kazakhstan
100%
-
-
Freedom Home LLP, Kazakhstan
100%
-
-
Freedom Auto LLP, Kazakhstan
100%
-
-
Freedom Travel LLP, Kazakhstan
100%
-
-
Freedom Media Group Ltd, Kazakhstan
100%
-
-
Freedom U.S. Market LLC, Delaware, USA
100%
2
-
LD Micro, California, USA
100%
-
-
Freedom US Technologies LLC, Delaware, USA
100%
-
-
Freedom Finansial Hizmetler Anonim Şirketi, Türkiye
100%
-
1
Freedom Yatırım Menkul Değerler Anonim Şirketi, Türkiye
100%
-
-
Freedom Finance Commercial LLP, Kazakhstan
100%
-
-
Prime Executions, Inc., Delaware, USA
100%
-
-
FFIN Securities, Inc., Nevada, USA*
100%
-
-
Arbuz Group LLP, Kazakhstan(7)
100%
-
3
Freedom Horizons LLP, Kazakhstan
100%
-
-
Freedom Shapagat Corporate Fund, Kazakhstan
100%
-
-
Freedom Holding Operations LLP, Kazakhstan
100%
-
-
Freedom Broker LLC, Kyrgyzstan
100%
-
-
Freedom Digital Exchange CJSC, Kyrgyzstan
100%
-
-
(1) Freedom Bank Kazakhstan JSC owns a 100% interest in OUSA Nova LLP (Kazakhstan) and Freedom Bank Tajikistan CJSC (Tajikistan).
(2) Freedom Finance Europe Limited owns a 100% interest in each of the following entities: Freedom Property Ltd. (Cyprus), Freedom Finance Germany GmbH (Germany), Freedom24 Bulgaria VCC (Bulgaria), Freedom24 Greece Single Member P.C. (Greece), Freedom24 Poland (Poland), Freedom24 Lithuania, UAB (Lithuania), Freedom24 Iberia SL (Spain), Freedom24 Netherlands B.V. (Netherlands), Freedom24 Chess Masters LTD (Cyprus), Freedom 24 Austria GmbH (Austria), Freedom24 France (France), Freedom24 P (Cyprus), Freedom24 C (Cyprus), and Freedom24 Portugal, LDA (Portugal).
(3) Ticketon Events LLP owns a 100% interest in each of the following entities: Chiptahoi Muosir LLC (Tajikistan), Ticketon Events KG LLC (Kyrgyzstan), and Ticketon LLC (Uzbekistan).
(4) Freedom Technologies LLP owns a 100% interest in each of the following entities: Freedom Processing LLP (Kazakhstan), Freedom Pay LLP (Kazakhstan), Freedom Pay Kyrgyzstan LLC (Kyrgyzstan), Paybox Money LLP (Kazakhstan), and Freedom Pay Tajikistan LLC (Tajikistan). Additionally, Freedom Technologies LLP owns a 50% interest in Freedom Payments LLC (Uzbekistan).
(5) Freedom Telecom Holding Ltd. owns a 100% interest in Freedom Telecom Operations LLP (Kazakhstan) and Elitecom LLP (Kazakhstan), and 99% interest in Freedom Media LLP (Kazakhstan).
(6) Freedom Cloud Holding Ltd. owns a 100% interest in Freedom Cloud LLP (Kazakhstan), SilkNetCom LLP (Kazakhstan), and Arna-Sprint Data Communications JSC (Kazakhstan). Additionally, Arna-Sprint Data Communications JSC owns 100% interest in Astel JSC (Kazakhstan).
(7) Arbuz Group LLP owns a 100% interest in Prime Retail LLP (Kazakhstan), Retail Prime Astana LLP (Kazakhstan), and Arbuz Pharma LLP (Kazakhstan).
*     Indicates entities that are not currently engaged in active operations.





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