Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 321

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 321
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,130,000 common shares to two private equity funds, thereby increasing our paid-incapital by W195.7 billion.

| ITEM 6.F. | Disclosure of a Registrant’s Action to Recover Erroneously Awarded Compensation |

Not Applicable.

| ITEM 7. | MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS |

| ITEM 7.A. | Major Shareholders |

The following table sets forth certain information relating to the beneficial ownership of our common shares as of December 31, 2024.

| Name of Shareholder                                          |     | Number of Common          
 Shares Beneficially Owned |             |     | Beneficial    
 Ownership (%) |        |   |
| National Pension Service(1)                                  |     |                           |  43,164,599 |     |               |   8.57 | % |
| BlackRock Fund Advisors(2)                                   |     |                           |  27,333,666 |     |               |   5.43 | % |
| Shinhan Financial Group Employee Stock Ownership Association |     |                           |  24,861,162 |     |               |   4.94 | % |
| Citibank, N.A. (ADR Department)                              |     |                           |  18,225,698 |     |               |   3.62 | % |
| IMM                                                          |     |                           |  16,008,255 |     |               |   3.18 | % |
| NORGES BANK                                                  |     |                           |  11,359,845 |     |               |   2.26 | % |
| KT                                                           |     |                           |  10,877,651 |     |               |   2.16 | % |
| Centennial Investment Limited                                |     |                           |   9,742,430 |     |               |   1.94 | % |
| Vanguard Total International Stock Index                     |     |                           |   6,782,344 |     |               |   1.35 | % |
| NATWEST TSTEE N DPSTRY SRVCS LTD RE ST JAMES’S PL GBL EQ INC |     |                           |   5,591,349 |     |               |   1.11 | % |
| Others                                                       |     |                           | 329,498,326 |     |               |  65.45 | % |
| Total