Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 595

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 595
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IDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 16. | Investments in associates (continued) |

|                                                                         |     |  2024 |           |     |           |         |     |           |        |   |     |                  |        |   |     |             |   |     |             |        |   |
| Investees                                                               |     | Asset |           |     | Liability |         |     | Operating 
 revenue   |        |   |     | Net profit(loss) |        |   |     | Other       
 comprehen-  
 sive income 
 (loss)      |   |     | Total       
 comprehen-  
 sive income 
 (loss)      |        |   |
| Shinhan Securities HIFI Bond SafeR 2Y Private Fund No.13                |     |     W | 1,186,406 |     |           | 945,673 |     |           | 50,564 |   |     |                  | 19,152 |   |     |             | — |     |             | 19,152 |   |
| Shinhan Securities HIFI Bond SafeR 2Y Private Fund No.14                |     |       | 1,086,016 |     |           | 811,622 |     |           | 37,721 |   |     |                  | 19,563 |   |     |             | — |     |             | 19,563 |   |
| Shinhan Securities HIFI Bond SafeR 2Y Private Fund No.15                |     |       | 1,085,298 |     |           | 810,379 |     |           | 36,610 |   |     |                  | 18,667 |   |     |             | — |     |             | 18,667 |   |
| Shinhan Securities HIFI Bond SafeR 2Y Private Fund No.16                |     |       | 1,084,569 |     |           | 818,607 |     |           | 42,410 |   |     |                  | 24,595 |   |     |             | — |     |             | 24,595 |   |
| Shinhan Securities HIFI Bond SafeR 2Y Private Fund No.17                |     |       |   525,649 |