Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 458

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 458
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              |                 2024 |             |     |          |                                |            |     |           |     |       |             |
| Classification         |              |            12 months 
 Expected credit loss |             |     |          | Life time expected credit loss |            |     |           |     | Total |             |
|                        | Not impaired |                      |             |     | Impaired |                                |            |     |           |     |       |             |
| Guarantee              |              |                    W |  55,422,696 |     |          |                                | 11,872,362 |     |   450,079 |     |       |  67,745,137 |
| Deposits and Savings   |              |                      |   2,508,238 |     |          |                                |    401,970 |     |     4,971 |     |       |   2,915,179 |
| Property and equipment |              |                      |   1,576,438 |     |          |                                |    367,086 |     |     4,154 |     |       |   1,947,678 |
| Real estate            |              |                      | 170,210,822 |     |          |                                | 26,682,978 |     |   528,200 |     |       | 197,422,000 |
| Securities             |              |                      |   1,846,531 |     |          |                                |    155,761 |     |         — |     |       |   2,002,292 |
| Others                 |              |                      |       7,687 |     |          |                                |          — |     |         — |     |       |       7,687 |
| Total                  |              |                    W | 231,572,412 |     |          |                                | 39,480,157 |     |   987,404 |     |       | 272,039,973 |

<div align='center'>F- 6 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) |

iv) Impairment information by credit risk of financial assets

Details of impaired