SHGShinhan Financial Group Co., Ltd. American Depositary Receipt

Shinhan Financial Group Co., Ltd. American Depositary Receipt is the U.S.-traded depositary receipt for Shinhan Financial Group, a South Korea-based financial holding company headquartered in Seoul. The company provides a broad range of banking and financial services through its subsidiaries, including retail and commercial banking, corporate lending, wealth management, insurance, and related financial support services. Its business model centers on serving individual customers, businesses, and institutional clients across South Korea and selected international markets. Shinhan Financial Group also operates within the wider financial services sector, where it plays a key role as a diversified banking group offering deposits, loans, payment services, and asset management products. As an American Depositary Receipt, SHG gives U.S. market participants exposure to the group’s operations through a U.S.-listed security while reflecting the performance of the underlying Korean financial institution.