Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 88

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 88
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, (2) the redemption price, (3) that, on the redemption date, each Security will be redeemed and that, subject to certain exceptions, interest will cease to accrue after that date, (4) the place or places where the Securities are to be surrendered for payment of the redemption price and (5) the CUSIP, Common Code and/or ISIN number or numbers, if any, with respect to the Securities being redeemed. The Issuer shall deliver to the trustee a certificate signed by any two members of the Executive Board prior to delivering any notice of a redemption due to a Regulatory Event or Tax Event stating that the conditions to such redemption have been satisfied. The Issuer may not give a notice of redemption of the Securities following the occurrence of a Trigger Event (and any such purported notice shall be ineffective). A notice of redemption shall be irrevocable, except that the occurrence of a Trigger Event or the exercise of the Dutch Bail-inPower by the relevant resolution authority prior to the date fixed for redemption shall automatically revoke such notice and no Securities shall be redeemed and no payment in respect of the Securities shall be due and payable. If the Issuer has elected to redeem the Securities but prior to the payment of the redemption price with respect to such redemption a Trigger Event or Liquidation Event occurs, the relevant redemption notice shall be automatically rescinded and shall be of no force and effect, no payment of the redemption price will be due and payable, and, as applicable, a Conversion shall occur as described under “— Conversion Upon Trigger Event”below, or a holder of the Securities will have a claim as described under “— Ranking” above. If the Issuer has elected to redeem the Securities but prior to the payment of the redemption price with respect to such redemption the relevant resolution authority exercises its Dutch Bail-inPower with respect to the Issuer, the relevant redemption notice shall be automatically rescinded and shall be of no force and effect, and no payment of the redemption price will be due and payable. S-69

Conditions to Redemption, Substitution, Variation and Purchase Notwithstanding any other provision, the Issuer may redeem, substitute, vary or purchase the Securities (and give notice thereof to the holders of such Securities in the case of redemption, substitution or variation) only if the Issuer has obtained the prior permission of the Competent Authority at the time of redemption, substitution, variation or purchase, if required, and subject to applicable law or regulation (including without limitation under Directive 2013/36/EU (