Shinhan Investment Corp. Announces Public Offering for ELB No. 3585

Shinhan Investment Corp. announced on May 26 that it will be accepting subscriptions for ELB No. 3585, a monthly-payment equity-linked bond (ELB) based on Samsung Electronics as the underlying asset, until 1:00 p.m. on May 30. The total offering size is 15 billion KRW.

This public offering, ELB No. 3585, is a Hi-Five principal-protected product with Samsung Electronics common stock as its underlying asset. The maturity is three years. On each monthly performance evaluation date, if the monthly performance evaluation price of Samsung Electronics is at least 90% of the initial reference price, a pre-tax return of 0.4175% per month (pre-tax annual rate of 5.01%) will be paid. If the monthly performance evaluation price is less than 90% of the initial reference price, no return will be paid for that month.

Additionally, an early redemption condition is applied every three months. On the automatic early redemption evaluation date, if the automatic early redemption evaluation price of the underlying asset is at least 100% of the initial reference price, the principal will be paid and the product will be redeemed early.

Even if the maturity evaluation price of the underlying asset is less than 100% of the initial reference price on the maturity evaluation date, the principal will still be paid. Unlike previous Hi-Five products, which offered automatic early redemption opportunities every six months, this product shortens the automatic early redemption evaluation cycle to every three months, providing more frequent redemption opportunities.

The minimum subscription amount for the public offering ELB No. 3585 is 1 million KRW. Detailed information can be obtained at Shinhan Investment Corp. branches or through the Shinhan SOL Securities MTS.

Although ELBs are principal-protected products, they are not covered by deposit insurance. Since the yield of the investment product is linked to the price of the underlying asset, if the underlying asset does not meet the price conditions, the agreed-upon return may not be paid, or principal loss may occur if redeemed early at the investor's request. In addition, repayment may not be made depending on the issuer's creditworthiness, so it is necessary to check the issuer's credit rating before investing in the product. The credit rating of Shinhan Investment Corp. is AA (as of the 23rd, Korea Ratings).

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