Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 378

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 378
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 control over financial reporting, as stated in its report included herein. Attestation Report of the Independent Registered Public Accounting Firm KPMG Samjong’s attestation report on the effectiveness of internal control over financial reporting can be found on page F-2of this annual report. Changes in Internal Control Over Financial Reporting There has been no change in our internal control over financial reporting during 2024 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

| ITEM 16. | [RESERVED] |

| ITEM 16A. | AUDIT COMMITTEE FINANCIAL EXPERT |

Our Audit Committee currently consists of four outside directors, namely Kwak Su Keun (Chair), Yoon Jaewon, Bae Hoon and Lee Yong Guk. Our board of directors has determined that Kwak Su Keun, the chair of our Audit Committee is an “audit committee financial expert,” as such term is defined by the regulations of the Securities and Exchange Commission issued pursuant to Section 407 of the Sarbanes-Oxley Act of 2002. Kwak Su Keun, Yoon Jaewon, Bae Hoon, and Lee Yong Guk are independent as such term is defined in Section 303A.02 of the NYSE Listed Company Manual, Rule 10A-3under the Exchange Act and the Korea Stock Exchange listing standards.

| ITEM 16B. | CODE OF ETHICS |

We have adopted a code of ethics for our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions as required under Section 406 of the Sarbanes-Oxley Act of 2002, together with an insider reporting system in compliance with Section 301 of the Sarbanes-Oxley Act. We have not granted any waiver, including an implicit waiver, from a provision of the code of ethics to any of the above-mentioned officers during our most recently completed fiscal year. As a further detailed guideline to the code of ethics, we have also adopted a code of ethics applicable to all the officers and employees of our holding company and our subsidiaries and established a supplemental code of behavior for all officers and employees of our holding company and our subsidiaries in order to provide additional guideline for the performance of their work-related duties as well as their daily behavior. Our code of ethics outlines seven standards that all employees must adhere to, which encompass guidelines for customers, shareholders and investors, society, interactions among employees, performance of duties,