Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 459

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 459
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637,000 |     |                          |           — |
| Securities at amortized cost                                    |     |                              |  33,585,503 |     |         |  2,104,884 |     |                                |          — |     |         |      7,523 |     |          |         — |     |       |  35,697,910 |     |            | (11,423    | ) |     |     |  35,686,487 |     |                          |           — |
|                                                                 |     |                            W | 441,192,380 |     |         | 72,336,419 |     |                                | 27,419,792 |     |         | 28,920,336 |     |          | 3,012,855 |     |       | 572,881,782 |     |            | (4,363,032 | ) |     |     | 568,518,750 |     |                          | 235,632,169 |

F- 6 4

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 |             |     |         |            |     |                                |            |     |         |            |     |          |           |     |       |             |     |            |            |   |     |     |             |     |                          |             |
|                                                                 |     | 12-monthexpected credit loss |             |     |         |            |     | Life time expected credit loss |            |     |         |            |     |          |           |     | Total |             |     | Allowances |            |   |     | Net |             |     | Mitigation ofcredit risk 
 due tocollateral         |             |
|                                                                 |     |                      Grade 1 |             |     | Grade 2 |            |     | Grade 1                        |            |     | Grade 2 |            |     | Impaired |           |     |       |             |     |            |            |   |     |     |             |     |                          |             |
| Due from banks and loans at amortized cost:                     |     |                              |             |     |