Freedom Holding Corp. Annual report pursuant to Section 13 and 15(d)

FEE AND COMMISSION INCOME/(EXPENSE)

12 Months Ended

Mar. 31, 2021

NOTE 19 - FEE AND COMMISSION INCOME/(EXPENSE)

Fee and commission income/(expense) of the Company is comprised of the following:

	Year ended March 31, 2021		Year ended March 31, 2020

*Fee and commission income:*

Brokerage services	$	245,913	$	82,800
Bank services		12,403		7,240
Underwriting services		8,345		2,360
Other commission income		5,278		268

Total fee and commission income	$	271,939	$	92,668

*Fee and commission expense:*

Brokerage services	$	63,098	$	18,673
Bank services		5,095		1,299
Stock exchange services		1,924		710
Central Depository services		440		775
Other commission expense		2,543		479

Total fee and commission expense	$	73,100	$	21,936