Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 26

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 26
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| December                |     |                  | 1,477.9 |     |            | 1,440.0 |     |      | 1,477.9 |     |     | 1,406.1 |
| 2025 (through April 4)  |     |                  | 1,457.8 |     |            | 1,452.5 |     |      | 1,474.4 |     |     | 1,429.2 |
| January                 |     |                  | 1,453.9 |     |            | 1,452.2 |     |      | 1,473.4 |     |     | 1,429.2 |
| February                |     |                  | 1,459.0 |     |            | 1,444.8 |     |      | 1,461.2 |     |     | 1,429.8 |
| March                   |     |                  | 1,474.4 |     |            | 1,458.3 |     |      | 1,474.4 |     |     | 1,444.7 |
| April (through April 4) |     |                  | 1,457.7 |     |            | 1,460.3 |     |      | 1,471.0 |     |     | 1,450.6 |

Source: Federal Reserve Board Note:

| (1) | The average rate for annual and interim periods were calculated by taking the simple average of the Noon Buying Rates on the last day of each month during the relevant period. The average rates for the monthly periods (or portion thereof) were calculated by taking the simple average of the daily Noon Buying Rates during the relevant month (or portion thereof). |

**15

We have translated certain amounts in Korean Won, which appear in this annual report, into U.S. Dollars for convenience. This does not mean that the Won amounts referred to could have been, or could be, converted into U.S. Dollars at any particular rate, the rates stated above, or at all. Unless otherwise stated, translations of Won amounts to U.S. Dollars are based on the Noon Buying Rate in effect on December 31, 2024, which was W1,477.9 to US$1.00. On April 4, 2025, the Noon Buying Rate in effect was W1,457.