Exhibit 99.1
Explanatory Note
This Form 6-K/A amends “Summary of FY2019 Business Report” furnished on Form 6-K by Shinhan Financial Group on 30 March, 2020.
The amendment is to correct ‘Total salaries and wages paid in 2019’ and ‘Average payment per person’ under ‘7. Directors, Executive Officers and Employees – Employees’ in the report. All other information in the report dated 30 March, 2020 remain unchanged.
7. Directors, Executive Officers and Employees
Employees
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| (As of Dec. 31, 2019) |
Gender | Number of employees | Average length of service | Total salaries and wages paid in 2019 (KRW million) | Average payment per person (KRW million) |
Male | 143 | 2 yrs 11 mths (14 yrs 7 mths) 1) | 19,744 | 138 |
Female | 29 | 4 yrs 4 mths (10 yrs 3 mths) 1) | 2,284 | 79 |
Total | 172 | 3 yrs 2 mths (13 yrs 11 mths) 1) | 22,028 | 128 |
1) Average length of service including services within group subsidiaries