1.

Number of Shares to be Acquired: 11,544,011 common shares

2.

Estimated Acquisition Amount: KRW 800,000,000,000

* Of the 800 billion KRW worth of treasury shares to be acquired by trust, approximately 600 billion KRW is expected to be acquired by December 31, 2025, and the remaining approximately 200 billion KRW will be acquired by January 30, 2026.

3.

Scheduled Acquisition Period: July 31, 2025 - January 30, 2026

4.

Purpose of Acquisition: Cancellation of shares

5.

Acquisition Method: Acquisition on the stock exchange (KRX)

6.

Entrusted Brokerage Company: NH Investment & Securities Co., Ltd..

7.

Treasury Stock Holdings as of July 25, 2025:

8.

Date of resolution by the board of directors: July 25, 2025

9.

Estimated acquisition amount: KRW 69,300

10.

Limit to Acquiring Treasury Stocks

(Unit: KRW)

Items

Amount

1. Upper limit of profits available for dividends in accordance with the Korean Commercial Code as of the end of the previous fiscal year

4,072,040,620,882

2. Acquired amount of treasury stock after previous fiscal year end

650,111,931,310

3. Amount of 'dividends' and related 'earned profit reserve' decided at annual general meeting of shareholders after previous fiscal year end

267,754,714,560

4. Amount of 'interim/quarterly dividends' and related 'earned profit reserves' decided by board of directors after previous fiscal year end

554,859,088,290

5. Amount of trust contract

-

6. Acquisition cost of treasury stock sold after previous fiscal year end (moving average method)

-

Limitation on the acquisition price of treasury shares (1-2-3-4-5+6)

2,599,314,886,722

11.

Other Considerations

- This contract pertains to entering into a new trust agreement for the acquisition of treasury shares.

- The above ‘6. Treasury stock holdings before contract-acquisition for other reasons' is the fractional shares acquired during the comprehensive stock exchange process (Orange Life, Neoplux, etc).

- Regarding “7. Date of board resolution (decision date)- Attendance of auditors (members of Audit Committee who are not outside directors," all members of Shinhan Financial Group's Audit Committee are outside directors.

-The above "9. Number of shares to be acquired" is calculated by dividing the above "1. Contract Amount (KRW)" by the "10. Estimated acquisition amount(KRW)". The actual number of shares may change depending on future stock price fluctuations.

- The above"10. Estimated acquisition amount(KRW)' is based on the closing price on the day before the board resolution date (July 24, 2025). Therefore, the actual acquisition amount may vary due to stock price fluctuations.

- The above"11. Expected Holding Period after Acquisition" may change depending on various management factors, such as the company's financial status and market conditions. However, since these treasury shares are intended for cancellation, they will be canceled following the necessary procedures after the trust contract ends.

Shinhan Financial Group Co., Ltd.

(Registrant)

    Date: July 25, 2025

By:

/s/ CHUN Sang Yung

Name: CHUN Sang Yung

Title: Chief Financial Officer