May 29, 2025 – Almaty
Freedom Holding Corp. (NASDAQ: FRHC) today announced that its shares have been selected for inclusion in the Russell 3000 Index as part of the annual reconstitution. The inclusion will take effect after the U.S. market closes on June 27, 2025.
The Russell 3000 Index tracks the performance of the 3,019 largest U.S. public companies, representing approximately 98% of the investable U.S. equity market. Being added to this index is a significant milestone, reflecting the company’s financial health, stability, and growth. It may also boost investor awareness and trading activity, given the widespread use of the index as a benchmark by global investment funds. Among the most notable of these are the iShares Russell 3000 ETF (IWV) and Vanguard Russell 3000 ETF (VTHR), which collectively manage over $18 billion in assets.
Inclusion in the Russell 3000 Index also entails membership in either the Russell 1000 Index (large-cap) or the Russell 2000 Index (small-cap), along with their respective growth and value sub-indexes. At this stage, there is no official confirmation regarding which group Freedom Holding Corp. will be classified under; such classifications are published later in the reconstitution process, which includes periodic updates. Investors can track these updates, scheduled for May 30, June 6, 13, and 20.
Timur Turlov, CEO of Freedom Holding Corp., commented:
“Inclusion in the prestigious Russell 3000 Index marks a significant milestone for Freedom Holding Corp., affirming our sustained growth and strengthening presence in global financial markets. This recognition reflects the dedication and commitment of our entire team and our unwavering focus on delivering value to shareholders. We believe this development will enhance our visibility among institutional investors, broaden our shareholder base, and solidify our position as a key player in the financial industry”.
The list of companies included in the Russell 3000 Index following the May 23, 2025 reconstitution is available on the official FTSE Russell website via the following link:
https://www.lseg.com/content/dam/ftse-russell/en_us/documents/other/ru3000-additions-20250523.pdf
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the recently announced inclusion of Freedom Holding Corp. in the Russell 3000 Index and the anticipated benefits of such inclusion. These may include potential inclusion in other indexes, increased visibility, expansion of the shareholder base, greater trading activity, and other matters that are not historical facts.
Forward-looking statements are not guarantees of future results and involve risks and uncertainties. These include the risk that inclusion in the Russell 3000 Index may not yield the expected benefits described in this press release, as well as other risks described in the “Risk Factors” section of Freedom Holding Corp.’s most recent annual and quarterly reports and other filings with the U.S. Securities and Exchange Commission (SEC).
These forward-looking statements speak only as of the date of this release, and the company undertakes no obligation to update or revise any such statements in light of new information, future events, or otherwise.
About the Company
Freedom Holding Corp. is a diversified financial services company engaged in brokerage, securities trading, investment research and advisory, investment banking and underwriting, mortgage and insurance services, telecommunications, online ticket sales for air travel, cultural and sports events, and online marketplace operations, among other activities. Including its subsidiaries, the company employs over 8,200 people. Its operations span 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and others. Freedom Holding Corp.’s common shares are registered with the U.S. Securities and Exchange Commission and trade under the ticker symbol FRHC on the Nasdaq Capital Market.
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www.freedomholdingcorp.com