Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 678

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 678
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,400 |   |
| ”                                                                              |     |         | ACL                   |     |      |      — |   |     |      |     (74 | ) |
| ”                                                                              |     |         | Accrued income        |     |      |      — |   |     |      |      64 |   |
| ”                                                                              |     |         | Deposits              |     |      |      — |   |     |      |   1,170 |   |
| ”                                                                              |     |         | Provisions            |     |      |      — |   |     |      |     156 |   |
| Shinhan Global Healthcare Fund 2                                               |     |         | Deposits              |     |      |      1 |   |     |      |       1 |   |
| Future-Creation Neoplux Venture Capital Fund                                   |     |         | Account receivables   |     |      |  3,600 |   |     |      |   3,600 |   |
| Neoplux Market-Frontier Secondary Fund                                         |     |         | Account receivables   |     |      |    592 |   |     |      |       — |   |
| Gyeonggi-Neoplux Superman Fund                                                 |     |         | Account receivables   |     |      |  1,174 |   |     |      |   1,696 |   |

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

SHINHAN FINANCIAL GROUP CO., LTD. AND SUBSIDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 49. | Related parties (continued) |

| Related party                                                           |     | Account |                       |     | 2023 |        |   |     | 2024 |        |   |
| Investments in associates (continued):                                  |     |         |                       |     |      |        |   |     |      |        |   |
| Shinhan-Neoplux Energy Newbiz Fund                                      |     |         | Account receivables   |     |    W |  1,883 |   |     |      |    721 |   |
| SHINHAN-NEOCore Industrial Technology Fund                              |     |         | Account receivables   |     |      |