Company: SHG
Filing Date: 2025-03-18
Form Type: 6-K
Source: 0000950170-25-040736
Chunk: 11

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-03-18
Form: 6-K
Chunk 11
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 a description of the fees for audit and review services performed by our independent auditor for the last three years in connection with our financial statements preparation.

| Year                                                                                                                                                                                                                                                                                                            | Auditor                      | Payment 1)                                           
 (KRW mil.)                                           | Details                              | Working hours |
| FY 2024                                                                                                                                                                                                                                                                                                         | KPMG SamjongAccounting Corp. | 1,025(annualized basis)                              | Review/Audit of Financial Statements | 9,071Hours    |
| KPMG SamjongAccounting Corp.                                                                                                                                                                                                                                                                                    | 135(annualized basis)        | K-IFRS Report Package Audit for Shinhan Savings Bank | 1,144Hours                           |               |
| FY 2023                                                                                                                                                                                                                                                                                                         | KPMG SamjongAccounting Corp. | 1,187(annualized basis)                              | Review/Audit of Financial Statements | 11,311Hours   |
| KPMG SamjongAccounting Corp.                                                                                                                                                                                                                                                                                    | 133(annualized basis)        | K-IFRS Report Package Audit for Shinhan Savings Bank | 1,207Hours                           |               |
| FY 2022                                                                                                                                                                                                                                                                                                         | PwC SamilAccounting Corp.    | 987(annualized basis)                                | Review/Audit of Financial Statements | 9,235Hours    |
| PwC SamilAccounting Corp.                                                                                                                                                                                                                                                                                       | 130(annualized basis)        | K-IFRS Report Package Audit for Shinhan Savings Bank | 1,004Hours                           |               |
| 1) Excluding value-added taxes.* In addition to above mentioned description of fees for audit and review services, also provided services related to US listing and ICOFR audit in accordance with the standards of the PCAOB which we agreed to pay KRW 2,351 million(excluding value-added taxes) for FY2024. |                              |                                                      |                                      |               |

5. Corporate Governance

Board of Directors and committees of the Board of Directors

Our board of directors, which currently consists of one executive director, one non-executive director and 9 outside directors, has the ultimate responsibility for the management of our affairs.

Our Articles of Incorporation provide for no less than three but no more than fifteen directors, the number of outside directors must be more than 50% of the total number of directors, and we must maintain at least three outside directors. All directors are elected for a term not exceeding three years as determined by the shareholders