Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 103

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 103
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 major car dealers, manufacturers and large retailers with nationwide networks, such as electronics goods stores. Shinhan Card promptly processes installment financing applications and, based on the extensive credit information it possesses or can access, it is able to offer flexible installment payment terms tailored to individual needs of the customers. Shinhan Card also devotes significant efforts to developing and maintaining its relationships with merchants, which are the most important source of referrals for installment finance customers. Shinhan Card makes prompt payments to merchants for goods purchased by the installment finance customers. Auto Lease Shinhan Card provides auto leasing financing to retail customers and corporations. Revenues from auto lease operations accounted for 10.83%, 12.77% and 12.06% of Shinhan Card’s total operating revenue in 2022, 2023 and 2024, respectively. Securities Services Overview Through Shinhan Securities, we provide a wide range of financial investment services to our diversified customer base including corporations, institutional investors, governments and individuals. Financial investment services offered by Shinhan Securities range from securities services, investment advice and financial planning services, and investment banking services such as underwriting and mergers and acquisitions advisory services.Subject to market conditions, Shinhan Securities also engages in equity- and stock index-linked derivatives sales and brokerage, proprietary trading and brokerage services for futures involving interest rates, currency and commodities as well as foreign exchange margin trading. As of December 31, 2024, according to internal data, Shinhan Securities’ annual market share of Korean equity brokerage market was 8.01% (consisting of 2.56% in the retail segment, 0.39% in the institutional segment and 5.07% in the international segment) in terms of total brokerage volume, ranking seventh among securities firms in Korea. As of the same date, according to internal data, Shinhan Securities’ annual market share of Korean options and futures brokerage market were 14.35% and 17.82%, respectively, in terms of total brokerage volume with respect to these products. 62

Products and Services Shinhan Securities provides principally the following services:

| • |     | retail client services. These services include equity and bond brokerage, investment advisory and financial planning services to retail customers, with a focus on high net-worth individuals. The fees generated include brokerage commissions for the purchase and sale of securities, asset management fees, interest income from credit extensions (including in the form of stock subscription loans), margin transaction loans and loans secured by deposited securities. |

| • |     | institutional