Shinhan Financial Group Co., Ltd.

Shinhan Financial Group Co., Ltd. American Depositary Receipt is a financial instrument that represents shares of Shinhan Financial Group, a leading South Korean banking and financial services conglomerate. The American Depositary Receipt allows investors outside South Korea to gain exposure to Shinhan Financial Group’s equity by holding securities denominated in U.S. dollars, which are backed by underlying shares held by a U.S. depositary bank. Shinhan Financial Group operates across a broad spectrum of financial services, including commercial banking, investment banking, asset management, insurance, and credit services. Its extensive reach positions it as a significant player in both domestic and international financial markets, providing retail, corporate, and institutional financial products. The ADR structure enhances global liquidity and accessibility for overseas investors, especially those interested in participating in the growth and stability of South Korea’s financial sector without directly navigating the local market infrastructure.