Shinhan Financial Group issues KRW 270 billion Basel III-compliant AT1 contingent capital securities

• Shinhan Financial Group set a KRW 270 billion issuance of write-down contingent capital securities, Basel III compliant Additional Tier 1 capital.
• The securities are perpetual, with issuer call options every three months from year five to no later than year 10.
• A point-of-non-viability trigger allows a full write-off, including interest or dividends, if designated an insolvent financial institution.
• Terms including the interest rate were delegated to the CEO, with size adjustable up to a KRW 400 billion board-approved limit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shinhan Financial Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-313353), on July 23, 2026, and is solely responsible for the information contained therein.