Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 525

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 525
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 |       |            |
| External customers (*)    |     |       W | 8,987,390 |   |     |             | 1,997,334 |   |     |            | 596,982 |   |     |           | (129,874 | ) |     |        | 170,737 |   |     |        |   1,207 |     |                             | (221,474 | ) |     |       | 11,402,302 |
| Internal transactions     |     |         |     1,125 |   |     |             |   (66,163 | ) |     |            | (23,607 | ) |     |           |   (5,478 | ) |     |        | (27,065 | ) |     |        |  91,393 |     |                             |   29,795 |   |     |       |          — |
|                           |     |       W | 8,988,515 |   |     |             | 1,931,171 |   |     |            | 573,375 |   |     |           | (135,352 | ) |     |        | 143,672 |   |     |        |  92,600 |     |                             | (191,679 | ) |     |       | 11,402,302 |

| (*) | Consolidated adjustment to net interest income from external customers is from the securities and others which were measured in fair values as a part of business combination accounting. |

<div align='center'>F-12 9</div>

SHINHAN FINANCIAL GROUP CO., LTD. AND SUBSIDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 8. | Operating segments (continued) |

|                                      |     |    2022 |         |   |     |             |           |   |     |            |         |   |     |           |         |   |     |        |        |     |        |         |     |                         |        |     |       |           |
|                                      |     | Banking |         |   |     | Credit card |           |   |     | Securities |         |   |     | Insurance |         |   |     | Credit |        |     | Others |         |     | Consolidationadjustment |