Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 500

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 500
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IDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 5. | Financial risk management (continued) |

|                                                                                                         |             |                 2024 |            |     |                 |                         |            |     |                       |            |     |                                    |            |     |         |     |            |            |
|                                                                                                         |             |     Gross amounts of 
 recognized financial 
  assets/ liabilities |            |     |                 | Gross amounts of        
 recognized financial    
 assets/ liabilities set 
 off in the statement    
 of financial position   |            |     | Net amounts of        
 financial assets/     
 liabilities presented 
 in the statement of   
 financial position    |            |     | Related amounts not set off in the 
 statement of financial position    |            |     |         |     | Net amount |            |
|                                                                                                         | Financial   
 instruments |                      |            |     | Cash collateral 
 received        |                         |            |     |                       |            |     |                                    |            |     |         |     |            |            |
| Assets:                                                                                                 |             |                      |            |     |                 |                         |            |     |                       |            |     |                                    |            |     |         |     |            |            |
| Derivatives (*1)                                                                                        |             |                    W | 10,560,214 |     |                 |                         |          — |     |                       | 10,560,214 |     |                                    | 13,744,859 |     | 522,860 |     |            |  5,592,302 |
| Other financial instruments (*1)                                                                        |             |                      |  9,299,807 |     |                 |                         |          — |     |                       |  9,299,807 |     |                                    |            |     |         |     |            |            |
| Securities repurchased under repurchase agreements and bonds purchased under repurchase agreements (*2) |             |                      | 17,514,396 |     |                 |                         |          — |     |                       | 17,514,396 |     |                                    | 15,238,643 |     |       — |     |            |  2,275,753 |
| Securities loaned (*2)                                                                                  |             |                      |  6,456,316 |     |                 |                         |          —