On January 13, 2023, Shinhan Financial Group announced the following resignation of Mr. BYEON Yang-ho who is an outside director and a member of the Risk management, Remuneration and ESG strategy committee of the company. Key Details: Details of the resigning Outside Director: Name: BYEON Yang-ho. Stated term as an Outside Director: From March 24, 2022 to the date of the annual general meeting of shareholders in 2023.

Stated term as a member of Risk management, Remuneration and ESG strategy committee: March 24, 2022 to the date of the annual general meeting of shareholders in 2023. Reason for resignation: Personal reasons.