BY SHINHAN FINANCIAL GROUP

SEOUL, KOREA (April 29, 2020) Shinhan Financial Group announced today that it filed its Annual Report on FORM 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission (SEC) on April 29, 2020. The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp, as well as the U.S. Securities and Exchange Commission website, www.sec.gov. A hard copy of the annual report will be provided to shareholders upon request, free of charge, via "shfg@shinhan.com".