Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 172

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 172
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, 2023 and 2024, Shinhan Bank held W74.0 billion, W30.8 billion and W28.6 billion, respectively, of equity securities in its trading accounts (including the trust accounts). 119

Shinhan Securities’ equity risk related to trading activities also mainly involves the trading of equity portfolio of Korean companies and Korea Stock Price Index futures and options. As of December 31, 2022, 2023 and 2024, the total amount of equity securities at risk held by Shinhan Securities was W21.7 billion, W33.9 billion and W28.4 billion, respectively. Equity positions held by our other subsidiaries are insignificant. Management of Market Risk from Trading Activities The following tables present an overview of market risk, measured by the standardised approach capital requirement, from trading activities of Shinhan Bank and Shinhan Securities, respectively, as of and for the year ended December 31, 2024. For market risk management purposes, Shinhan Bank includes in the computation of total regulatory capital requirement its trading portfolio in bank accounts and assets in trust accounts, in each case, for which it guarantees principal or fixed return in accordance with the Financial Services Commission regulations.

| Shinhan Bank                    |     | Trading Portfolio Risk for the Year 2024(1) 
 Average                                     |        |     | Minimum |          |     | Maximum |        |     | As of             
 December 31, 2024 |        |
|:--------------------------------|:----|:--------------------------------------------|-------:|:----|:--------|---------:|:----|:--------|-------:|:----|:------------------|-------:|
|                                 |     | -in billions of Won                         |        |     |         |          |     |         |        |     |                   |        |
| Sensitivities-based method risk |     |                                             |        |     |         |          |     |         |        |     |                   |        |
| GIRR                            |     | W                                           | 114.64 |     | W       |   139.67 |     | W       |  89.66 |     | W                 | 116.50 |
| CSR: non-securitisations        |     |                                             | 145.63 |     |         |   167.13 |     |         | 128.87 |     |                   | 129.60 |
| CSR: securitisations (non-CT