Company: SHG
Filing Date: 2025-03-18
Form Type: 6-K
Source: 0000950170-25-040736
Chunk: 22

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-03-18
Form: 6-K
Chunk 22
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 the general shareholders' meeting. This determination takes into account factors such as position, duties, and contributions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                |                   | Bonus               |                318 | -The bonus consists of an annual performance bonus of 189 million won for 2023 and long-term performance bonuses (PS) of 129 million won, which were granted in 2020. The 2023 annual performance bonus was paid in the first quarter of 2024, reflecting the company's annual performance evaluation results based on the criteria established by the Compensation Committee in its first meeting of 2023. The long-term performance bonuses (PS) were also paid in the first quarter of 2024, with the final amounts calculated based on the company's performance over the four years following the grant and the stock price of the company's common stock at the beginning of the year, as determined by the criteria set by the Compensation Committee in each respective year. - The 2023 annual performance bonus is determined based on the performance evaluation grade, which is assessed through various risk management goals. These include rigorous risk management to address potential risk expansion, risk management to support sustainable growth, strengthening the risk management framework for futures growth drivers, enhancing the group’s supervisory system for proactive crisis response, and developing and validating the group’s Basel regulatory capital system. The final amount is determined by reflecting the performance evaluation grade derived from these assessments. |

| Name | Compensation Type |                     | Total Compensation | Deferred Compensation                                                                                                                                                                                                                                                                                                                                                                       |
|      |                   |                     |                    | -The long-term performance bonuses (PS) granted in 2020 were finalized after four years, with the final amounts calculated based on the number of PS units acquired according to evaluation indicators, such as individual performance. The final amount was then adjusted based on the stock price of the company’s common stock at the beginning of the year, four years after the grant. |
|      |                   | Stock option        |                  - | Not Applicable                                                                                                                                                                                                                                                                                                                                                                              |
|      |                   | Other earned Income |                  8 | Employee benefits                                                                                                                                                                                                                                                                                                                                                                           |
|      |                   | Retirement Income   |                  - | Not Applicable                                                                                                                                                                                                                                                                                                                                                                              |
|      |                   | Other Income        |                  - | Not Applicable                                                                                                                                                                                                                                                                                                                                                                              |

Stock Options

None

Stock-based compensation system

- Cash compensation linked to stock

On February 29, 2024, through a resolution of the Remuneration Compensation Committee, our company