Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 495

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 495
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,562 |     |             |       — |     |       | 411,739,562 |
| Securities at fair value through other comprehensive income |     |       |          — |     |       | 90,311,979 |     |                |           — |     |             |       — |     |       |  90,311,979 |
| Securities at amortized cost                                |     |       |          — |     |       |          — |     |                |  35,686,487 |     |             |       — |     |       |  35,686,487 |
| Others                                                      |     |       |          — |     |       |          — |     |                |  26,880,554 |     |             |       — |     |       |  26,880,554 |
|                                                             |     |     W | 75,675,764 |     |       | 90,311,979 |     |                | 508,935,854 |     |             | 252,221 |     |       | 675,175,818 |

<div align='center'>F- 10 3</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) |

|                                                            |     |  2023 |           |     |             |           |     |                |             |     |             |         |     |       |             |
|                                                            |     | FVTPL |           |     | FVTPL       
 liabilities 
 designated  |           |     | Financial      
 liabilities    
 measured at    
 amortized cost |             |     | Derivatives 
 held for    
 hedging     |         |     | Total |             |
| Liabilities:                                               |     |       |           |     |             |           |     |                |             |     |             |         |     |       |             |
| Deposits                                                   |     |     W |         — |     |             |         — |     |                | 381,512,664 |     |             |       — |     |       | 381,512,664 |
| Financial liabilities at fair value through profit or loss |     |       | 1,868,977 |     |