Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 149

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 149
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 |     | W                 | 20,433 |     |          | 3.47 | % |     | W                 | 3,348 |     |          | 3.25 | % |     | W             | 2,453 |     |          | 2.24 | % |     | W        | 33,316 |     |          | 3.32 | % |

Note:

| (1) | The weighted-average yield for the portfolio represents the yield to maturity for each individual security, weighted using its amortized cost. |

Concentrations of Risk The following table presents securities held by us whose aggregate book value exceeded 10% of our stockholders’ equity as of December 31, 2024. As of December 31, 2024, 10% of our stockholders’ equity was W5,882 billion.

|                                  |     | As of December 31, 2024 |        |     |            |        |
|:---------------------------------|:----|:------------------------|-------:|:----|:-----------|-------:|
|                                  |     | Book Value              |        |     | Fair Value |        |
|                                  |     | -In billions of Won     |        |     |            |        |
| Name of issuer:                  |     |                         |        |     |            |        |
| Ministry of Strategy and Finance |     | W                       | 65,125 |     | W          | 65,001 |
| The Korea Development Bank       |     |                         | 10,231 |     |            | 10,252 |
| The Korea Housing Finance Corp   |     |                         |  9,569 |     |            |  9,550 |
| Industrial Bank of Korea         |     |                         |  7,470 |     |            |  7,481 |

All of the above entities are either an agency of the Government or an entity controlled by the Government. Credit-Related Commitments and Guarantees In the normal course of our operations, we make various commitments and guarantees to meet the financing and other business needs of our customers. Commitments and guarantees are usually in the form of, among others, commitments to extend credit, commercial letters of credit, standby letters of credit and performance 100

guarantees. The contractual amount of these financial instruments represents the maximum possible loss amount if the account party draws down the commitment or we should fulfill our obligation