| | | | | | | | | | | | | | | | | |
| Name of subsidiary | | Jurisdiction of Incorporation | | Number of subsidiaries | Business Area |
| Brokerage Segment | | | | | |
Freedom Finance JSC ("Freedom KZ") | | Kazakhstan | | 3 | Securities broker-dealer |
Freedom Finance Global PLC ("Freedom Global") | | Kazakhstan | | — | Securities broker-dealer |
Freedom Finance Europe Limited ("Freedom EU") | | Cyprus | | 2 | Securities broker-dealer |
Freedom Finance Armenia LLC ("Freedom AR") | | Armenia | | — | Securities broker-dealer |
Prime Executions, Inc. ("PrimeEx") | | USA | | — | Securities broker-dealer |
Foreign Enterprise LLC Freedom Finance | | Uzbekistan | | — | Securities broker-dealer |
| Banking Segment | | | | | |
Freedom Bank Kazakhstan JSC ("Freedom Bank KZ") | | Kazakhstan | | 1 | Commercial bank |
| Insurance Segment | | | | | |
Freedom Finance Life JSC ("Freedom Life") | | Kazakhstan | | — | Life/health insurance |
Freedom Finance Insurance JSC ("Freedom Insurance") | | Kazakhstan | | — | General insurance |
| Other Segment | | | | | |
Ticketon Events LLP ("Ticketon") | | Kazakhstan | | 3 | Online ticket sales |
Freedom Finance Special Purpose Company LTD ("Freedom SPC") | | Kazakhstan | | — | Issuance of debt securities |
Freedom Finance Commercial LLP | | Kazakhstan | | — | Sales consulting |
Freedom Technologies LLP ("Paybox") | | Kazakhstan | | 5 | Payment services |
Aviata LLP ("Aviata") | | Kazakhstan | | — | Online travel ticket aggregator |
Internet-Tourism LLP ("Internet Tourism") | | Kazakhstan | | — | Online travel ticket aggregator |
Arbuz Group LLP ("Arbuz") | | Kazakhstan | | 3 | Online retail trade and e-commerce |
Comrun LLP ("ReKassa") | | Kazakhstan | | — | Mobile and web application |
Freedom Telecom Holding Limited ("Freedom Telecom") | | Kazakhstan | | 3 | Telecommunications |
Freedom Kazakhstan PC Ltd | | Kazakhstan | | 8 | Holding company |
Freedom Advertising Ltd | | Kazakhstan | | — | Advertising |
Freedom Shapagat Corporate Fund | | Kazakhstan | | — | Non-profit |
FRHC Fractional SPC LTD | | Kazakhstan | | — | Issuance of debt securities |
| Freedom Holding Operations LLP | | Kazakhstan | | — | Hiring and recruitment |
| Freedom Horizons LLP | | Kazakhstan | | — | Business consulting and services |
Freedom Finance Azerbaijan LLC | | Azerbaijan | | — | Financial educational center |
Freedom Finance FZE. | | UAE | | — | Consulting |
Freedom Management Ltd. | | UAE | | — | Consulting |
Freedom Finance Turkey LLC | | Turkey | | — | Financial consulting |
Freedom Finance Technologies Ltd | | Cyprus | | — | IT development |
Freedom Prime UK Limited ("Prime UK") | | UK | | — | Management consulting |
Freedom Structured Products PLC | | Cyprus | | — | Financial services |
FFIN Securities, Inc. | | USA | | — | Dormant |
Freedom U.S. Market LLC | | USA | | 1 | Management company |
LD Micro ("LD Micro") | | USA | | — | Event platform |