Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 376

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 376
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 Depositary Payments for the Fiscal Year 2024 In 2024, we received the following payments from Citibank, N.A., acting as depositary for our ADSs:

| Reimbursement of settlement infrastructure fees (including DTC fees)                                                                                                                                                            |     | US$ |          — |
| Reimbursement of proxy process expenses (printing, postage and distribution)                                                                                                                                                    |     | US$ |  92,417.84 |
| Legal expenses                                                                                                                                                                                                                  |     | US$ |          — |
| Contributions towards our investor relations efforts (i.e., non-deal roadshows, investor conferences and IR agency fees) and legal expenses incurred in connection to the preparation of our Form 20-F for the fiscal year 2024 |     | US$ | 725,728.01 |
| Total:                                                                                                                                                                                                                          |     | US$ | 818,145.85 |

Note: The amounts provided above are after deduction of applicable of U.S. taxes. 271

## ITEM 13.DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIESNot applicable.ITEM 14.MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDSNot applicable.ITEM 15.CONTROLS AND PROCEDURESDisclosure ControlUnder the supervision and with the participation of our management, including our chief executive officer and chief financial officer, we have evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule13a-15(e)under the Securities Exchange Act of 1934, as amended, or the Exchange Act) as of December 31, 2024. There are inherent limitations to the effectiveness of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the controls and procedures. Accordingly, even effective disclosure controls and procedures can provide only reasonable assurance of achieving their control objectives. Based upon our evaluation, our chief executive officer and chief financial officer concluded that the design and operation of our disclosure controls and procedures as of December 31, 2024 were effective to provide reasonable assurance that information required to be disclosed by us in the reports we file and submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the applicable rules and forms, and that it is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decision regarding required disclosure.Management’s Annual Report on Internal Control Over Financial ReportingOur