Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 81

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 81
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 Instruments of the Issuer, and rank pari passu with all Parity Instruments of the Issuer, in each case in accordance with and
subject to mandatory applicable law, including as provided pursuant to Section 212rf of the Dutch Bankruptcy Code (Faillissementswet). By virtue of such subordination, any payments to the holders of the Securities upon any Liquidation
Event shall only be made after all payment obligations of the Issuer in respect of Senior Instruments have been satisfied. The amount of any claim in respect of each Security shall be its principal amount. The exercise of the Dutch Bail-in Power by the relevant resolution authority with respect to the Securities shall not constitute a Liquidation Event.

If a Liquidation Event occurs on or after a Trigger Event but before the Conversion Shares deliverable upon Conversion are issued and
delivered to the Conversion Shares Depository (or other relevant person), each holder of a Security shall have a claim, in lieu of any other payment by the Issuer, for the amount, if any, it would have been entitled to receive if the Conversion
relating to such Trigger Event had occurred and the relevant number of Conversion Shares to which such holder would have been entitled had been delivered to such holder immediately prior to the Liquidation Event.

“Existing Capital Instruments” means the 5.750% Perpetual Additional Tier 1 Contingent Capital Securities issued on
September 10, 2019, 4.875% Perpetual Additional Tier 1 Contingent Convertible Capital Securities issued on February 28, 2020, 3.875% Perpetual Additional Tier 1 Contingent Capital Securities issued on September 14, 2021, 4.250%
Perpetual Additional Tier 1 Contingent Capital Securities issued on September 14, 2021, 7.500% Perpetual Additional Tier 1 Contingent Capital Securities issued on February 14, 2023, 8.000% Perpetual Additional Tier 1 Contingent Capital
Securities issued on February 12, 2024 and 7.250% Perpetual Additional Tier 1 Contingent Capital Securities issued on September 12, 2024.

“Parity Instruments” means securities, instruments or obligations of the Issuer which upon a Liquidation Event occurring
prior to the Trigger Event rank, or are expressed to rank, pari passu with the Securities, including the Existing Capital Instruments.

“Senior Instruments” means