Hana Financial : FY 2022 Audit Report (Separated)

Table of contents

	Page
Report on review of interim separate financial statements	2

Interim Separate Financial Statements
InterimSeparate Statements of Financial Position	6
InterimSeparate Statements of Comprehensive Income	8
InterimSeparate Statements of Changes in Equity	10
InterimSeparate Statements of Cash Flows	11
Notes to the InterimSeparate Financial Statements	13

Deloitte Anjin LLC

9F., One IFC,

10, Gukjegeumyung-ro,

Youngdeungpo-gu, Seoul

07326, Korea

Tel: [phone]

Fax: [phone]

www.deloitteanjin.co.kr

Report on review of interim separate financial statements

(English Translation of a Report Originally Issued in Korean)

The Shareholders and Board of Directors

Hana Bank Co., Ltd.

Reviewed Financial Statements

We have reviewed the accompanying interim separate financial statements of Hana Bank (the "Bank"), which comprise the interim separate statement of financial position as of March 31, 2022, and the related interim separate statement of comprehensive income, interim separate statement of changes in equity and interim separate statement of cash flows for the three months then ended, and a summary of significant accounting policies and other explanatory information.

Management' s Responsibility for the Interim Separate Financial

Statements

Management is responsible for the preparation and presentation of these interim separate financial statements in accordance with Korean International Financial Reporting Standards ("KIFRS") 1034 Interim Financial Reporting, and for such internal control as management determines is necessary to enable the preparation of the interim separate financial statements that are free from material misstatement, whether due to fraud or error.

Auditor' s Responsibility

Our responsibility is to express a conclusion on these interim separate financial statements based on our review.

We conducted our review in accordance with the review standards for interim financial statements in the Republic of Korea. A review of interim financial inform ation consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures.

A review is substantially less in scope than an audit conducted in accordance with Korean Auditing Standards and, consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim separate financial statements are not prepared, in all material respects, in accordance with KIFRS 1034 Interim Financial Reporting.

O ther Matter

The interim separate statement of comprehensive income, interim separate statement of changes in equity and interim separate statement of cash flows for the three months ended March 31, 2021, prepared in accordance with KIFRS 1034 and presented for comparative purposes, have been reviewed by

EY Hanyoung Co., Ltd. whose review report dated May 14, 2021, expressed an unqualified review conclusion.

Moreover, the separate statement of financial position as of December 31, 2021, and the related separate statement of comprehensive income, separate statement of changes in equity and separate statement of cash flows for the year then ended, which have been audited by EY Hanyoung Co., Ltd., in accordance with auditing standards generally accepted in the Republic of Korea (not presented herein), whose report dated March 10, 2022, expressed an unqualified opinion. The accompanying separate statement of financial position as of December 31, 2021, presented for comparative purpose is not different, in all material respects, from the above audited separate statement of financial position.

May 13, 2022

This review report is effective as of May 13, 2022, the independent auditors' review report date. Accordingly, certain material subsequent events or circumstances may have occurred during the period from the date of the independent auditors' review report to the time this report is used. Such events and circumstances could significantly affect the accompanying interim separate financial statements and may result in modifications to this review report.