Company: SHG
Filing Date: 2025-05-15
Form Type: 6-K
Source: 0000950170-25-071927
Chunk: 2

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-05-15
Form: 6-K
Chunk 2
---
1) SFG issued 8,232,906 shares of common stock in relation to a comprehensive stock exchange between SFG and Orange Life Insurance on January 28, 2020. On September 29, 2020, SFG had a paid-in capital increase and issued 39,130,000 common shares (third-party allocation). On December 30, 2020, SFG issued 72,719 shares of common stock in relation to a small-scale stock exchange between SFG and Neoplux.2) SFG acquired treasury shares through the acquisition of 1 fractional shares as a result of a share exchange, acquisition of 7,603,260 treasury shares through trust agreement signed Oct. 25, 2024, and acquisition of 2,900,000 treasury shares through trust agreement signed Feb 6, 2025.3) SFG canceled treasury shares of 5,035,658 on June 01, 2020, 3,665,423 on April 25, 2022, 4,149,262 on November 23, 2022, 3,676,470 on March 28,2023, 4,243,281 on June 16, 2023, 2,842,929 on August 31, 2023, and 2,744,718 on December 27, 2023, 3,366,257 on March 22, 2024, and 5,947,889 on October 28, 2024 after completion of share repurchase program. Capital does not change due to the cancellation of acquired stocks within the range of dividend payable income.4) 17,482,000 shares of Convertible Preferred Shares had automatically converted to common shares on 1 May 2023 upon the completion of conversion claim period. |     |                  |

Dividends The Board of Directors resolution on July 26, 2024, led to the establishment of a Corporate Value-up Plan. The Company has set 2027 as the target year for achieving the following key objectives: 1. Achieve an ROE of 10% and ROTCE of 11.5%, while maintaining a CET1 ratio of at least 13% 2. Expand shareholder return ratio up to 50% through an accelerated shareholder return policy 3. Enhance per-share value by reducing the total number of outstanding shares by 50 million shares As part of the 2024 progress review