Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 476

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 476
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     |   420,947 |   |     |       |  3,049,050 |   |     |       |   8,817,939 |   |

<div align='center'>F-7 8</div>

SHINHAN FINANCIAL GROUP CO., LTD. AND SUBSIDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 5. | Financial risk management (continued) |

|                                            |     | 2024 |            |     |     |            |   |     |     |           |   |     |     |           |   |     |       |            |   |     |       |             |
|                                            |     |  USD |            |     | JPY |            |   |     | EUR |           |   |     | CNY |           |   |     | Other |            |   |     | Total |             |
| Assets:                                    |     |      |            |     |     |            |   |     |     |           |   |     |     |           |   |     |       |            |   |     |       |             |
| Cash and due from banks at amortized cost  |     |    W | 12,337,661 |     |     |  2,952,548 |   |     |     |   263,878 |   |     |     |   731,304 |   |     |       |  5,387,372 |   |     |       |  21,672,763 |
| Due from banks at FVTPL                    |     |      |     35,450 |     |     |          — |   |     |     |         — |   |     |     |         — |   |     |       |          — |   |     |       |      35,450 |
| Loans at FVTPL                             |     |      |    275,434 |     |     |          — |   |     |     |    28,229 |   |     |     |         — |   |     |       |     19,899 |   |     |       |     323,562 |
| Loan at amortized cost                     |     |      | 25,948,190 |     |     | 13,073,162 |