Company: INGVF
Filing Date: 2025-03-20
Form Type: 424B5
Source: 0001193125-25-058308
Chunk: 70

Company: ING GROEP NV
Filing Date: 2025-03-20
Form: 424B5
Chunk 70
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 participations in a collective investment scheme within the meaning of the Swiss Collective Investment Schemes Act (“ CISA”). Therefore, the notes are not subject to the approval of, or supervision by, the Swiss Financial Market Supervisory Authority (“ FINMA”), and investors in the notes will not benefit from protection under the CISA or supervision by FINMA. Republic of Italy The offering of the notes has not been registered pursuant to Italian securities legislation and, accordingly, no notes may be offered, sold or delivered, nor may copies of this prospectus supplement or of any other document relating to the notes be distributed in the Republic of Italy, except:

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| (ii) | in other circumstances which are exempted from the rules on public offerings pursuant to Article 1 of the                 
 Prospectus Regulation, Article 34-ter of Regulation No. 11971, as amended from time to time, and applicable Italian laws. |

Any offer, sale or delivery of the notes or distribution of copies of this prospectus supplement or any other document relating to the notes in the Republic of Italy under (i) or (ii) above must:

| (ii) | in compliance with Article 129 of the Banking Act, as amended from time to time, and the implementing                                                                           
 guidelines of the Bank of Italy, as amended from time to time, pursuant to which the Bank of Italy may request information on the offering or issue of securities in Italy; and |

| (iii) | in compliance with any other applicable laws and regulations, including any limitation or requirement which may 
 be imposed from time to time by CONSOB or the Bank of Italy or other Italian authority.                         |

Taiwan The notes have not been and will not be registered or filed with, or approved by, the Financial Supervisory Commission of Taiwan and/or other regulatory authority or agency of Taiwan pursuant to relevant securities laws and regulations of Taiwan and may not be sold, issued or offered within Taiwan through a public offering or in circumstances which could constitute an offer within the meaning of the Securities and Exchange Act of Taiwan or relevant laws and regulations that requires a registration, filing or approval of the Financial Supervisory Commission of Taiwan and/or other regulatory authority or agency of Taiwan. No person or entity in Taiwan has been authorized to offer or sell the notes in Taiwan. United Arab Emirates This prospectus supplement and the accompanying prospectus have not been reviewed, approved or licensed by the Central Bank of the United Arab Emirates (the “ UAE”), the Emirates Securities and Commodities Authority (the “ SCA