Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 681

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 681
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     |      |   166 |   |     |      |    146 |   |
| Sparklabs-Shinhan Opportunity Fund 1                                           |     | Fees and commission income   |     |      |   202 |   |     |      |    39 |   |     |      |     18 |   |
| EDNCENTRAL Co.,Ltd.                                                            |     | Interest income              |     |      |   267 |   |     |      |     — |   |     |      |    615 |   |
| ”                                                                              |     | Interest expense             |     |      |     — |   |     |      |     — |   |     |      |     (2 | ) |
| ”                                                                              |     | Provision for credit loss    |     |      |     — |   |     |      |     — |   |     |      |    (74 | ) |
| ”                                                                              |     | Fees and commission income   |     |      | 3,212 |   |     |      |     — |   |     |      |      — |   |

<div align='center'>F-3 1 4</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                    |     | 2022 |       |   |     | 2023 |       |   |     | 2024 |       |   |
| Investments in associates(continued)             |     |                            |     |      |       |   |     |      |       |   |     |      |       |   |
| Kakao-Shinhan 1stTNYT Fund                       |     | Fees and commission income |     |    W |   386 |   |     |      |   386 |   |     |      |   338 |   |
| Future-Creation Neoplux Venture Capital Fund     |     | Interest income            |     |      |    74 |   |     |      |    86 |   |     |      |    76 |   |
| ”                                                |     | Fees and commission income |     |      |    53 |   |     |      |     —