Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 485

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 485
---
     |                    |     (1,907 | ) |     |                       |        — |   |     |        — |   |
|                                                              |     |                        |     68,802 |   |     |                |   12,747 |   |     |                    |   (246,053 | ) |     |                       |  (15,540 | ) |     |  119,564 |   |
| Purchase                                                     |     |                        |  5,987,732 |   |     |                |   55,078 |   |     |                    |          — |   |     |                       |   36,786 |   |     |        — |   |
| Issue                                                        |     |                        |          — |   |     |                |        — |   |     |                    | (6,343,080 | ) |     |                       |        — |   |     |        — |   |
| Settlement                                                   |     |                        | (4,071,062 | ) |     |                | (100,000 | ) |     |                    |  7,794,790 |   |     |                       | (234,242 | ) |     |        — |   |
| Transfer to level3 (*2)                                      |     |                        |    299,148 |   |     |                |       29 |   |     |                    |          — |   |     |                       |        — |   |     |        — |   |
| Transfer out of level3 (*2)                                  |     |                        |     (3,869 | ) |     |                |        — |   |     |                    |          — |   |     |                       |        — |   |     |        — |   |
| Ending balance                                               |     |                      W | 17,327,888 |   |     |                |  949,183 |   |     |                    | (6,725,252 | ) |     |                       | (151,374 | ) |     | (224,195 | ) |

<div align='center'>F-8 7</div>

SHINHAN FINANCIAL GROUP CO., LTD. AND SUBSIDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 5. | Financial risk management (continued) |

|                                                              |     |