Decrease in Shares Owned by Largest Shareholder of Shinhan Financial Group

On October 24, 2025, Shinhan Financial Group Co., Ltd. reported a decrease in the number of common shares owned by its largest shareholder, Korea’s National Pension Service (NPS). The NPS's holdings decreased from 45,150,026 shares (9.30% as of August 1, 2025) to 44,311,470 shares (9.13% as of September 30, 2025). This change is based on the shareholder registry closing as of September 30, 2025. The filing was submitted pursuant to the Securities Exchange Act of 1934 and signed by CHUN Sang Yung, the Chief Financial Officer of Shinhan Financial Group Co., Ltd.