Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 696

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 696
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 liabilities           |     |      |    577,416 |     |      |    572,878 |
| Total liabilities                              |     |    W | 11,190,414 |     |      | 11,324,128 |
| Equity                                         |     |      | 26,099,141 |     |      | 26,348,175 |
| Total liabilities and equity                   |     |    W | 37,289,555 |     |      | 37,672,303 |

<div align='center'>F-33 3</div>

SHINHAN FINANCIAL GROUP CO., LTD. AND SUBSIDIARIES

Notes to the Consolidated Financial Statements

(In millions of won)

December 31, 2023 and 2024

| 53. | Condensed Shinhan Financial Group (Parent Company only) Financial Statements (continued) |

CONDENSED STATEMENTS OF INCOME

|                                             |     | 2022 |           |   |     | 2023 |           |   |     | 2024 |           |   |
| Income                                      |     |      |           |   |     |      |           |   |     |      |           |   |
| Dividends from banking subsidiaries         |     |    W |   902,420 |   |     |      | 1,159,525 |   |     |      | 1,198,816 |   |
| Dividends fromnon-bankingsubsidiaries       |     |      |   568,474 |   |     |      |   626,443 |   |     |      |   827,141 |   |
| Interest income from banking subsidiaries   |     |      |       236 |   |     |      |       512 |   |     |      |       424 |   |
| Interest income fromnon-bankingsubsidiaries |     |      |    87,215 |   |     |      |    92,991 |   |     |      |    95,231 |   |
| Other income                                |     |      |   251,999 |   |     |      |   284,072 |   |     |      |   435,996 |   |
| Total income                                |     |      | 1,810,344 |   |     |      | 2,163,543 |