Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 219

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 219
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-issuanceaccrued interest and not as an amount of interest payable on your debt security. Debt Securities Subject to Contingencies Including Optional Redemption. Your debt security is subject to a contingency if it provides for an alternative payment schedule or schedules applicable upon the occurrence of a contingency or contingencies, other than a remote or incidental contingency, whether such contingency relates to payments of interest or of principal. In such a case, you must determine the yield and maturity of your debt security by assuming that the payments will be made according to the payment schedule most likely to occur if:

| · |     | the timing and amounts of the payments that comprise each payment schedule are known as of the issue date; and |

| · |     | one of such schedules is significantly more likely than not to occur. |

If there is no single payment schedule that is significantly more likely than not to occur, other than because of a mandatory sinking fund, you must include income on your debt security in accordance with the general rules that govern contingent payment obligations. These rules will be discussed in the applicable prospectus supplement. Notwithstanding the general rules for determining yield and maturity, if your debt security is subject to contingencies, and either you or we have an unconditional option or options that, if exercised, would require payments to be made on the debt security under an alternative payment schedule or schedules, then:

| · |     | in the case of an option or options that we may exercise, we will be deemed to exercise or not exercise an option or combination of options in the manner that 
 minimizes the yield on your debt security; and                                                                                                                 |

| · |     | in the case of an option or options that you may exercise, you will be deemed to exercise or not exercise an option or combination of options in the manner 
 that maximizes the yield on your debt security.                                                                                                             |

If both you and we hold options described in the preceding sentence, those rules will apply to each option in the order in which they may be exercised. You will determine the yield on your debt security for the purposes of those calculations by using any date on which your debt security may be redeemed or repurchased as the maturity date and the amount payable on the date that you chose in accordance with the terms of your debt security as the principal amount payable at maturity. If a contingency, including the exercise of an option, actually occurs or does not occur contrary to an assumption made according to the above rules then, except to the extent that a portion of your debt security is repaid