Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 208

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 208
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 income tax purposes is not the U.S. dollar. |

This section, insofar as it relates to U.S. federal income tax laws, is based on the Code, its legislative history, existing and proposed regulations under the Code, published rulings and court decisions, as well as the relevant provisions of the present double taxation treaty between The Netherlands and the United States (the “ Treaty”), all as of the date hereof. These laws are subject to change, possibly on a retroactive basis. If an entity or arrangement that is treated as a partnership for U.S. federal income tax purposes owns the securities, the U.S. federal income tax treatment of a partner will generally depend on the status of the partner and the tax treatment of the partnership. A partner in a partnership owning the securities should consult its tax advisor with regard to the U.S. federal income tax treatment of an investment in the securities. -97-

For purposes of this section, you are a U.S. holder if you are a beneficial owner of a security and you are for U.S. federal income tax purposes:

| · |     | a citizen or resident of the United States; |

| · |     | a domestic corporation or other entity taxable as a domestic corporation; |

| · |     | an estate whose income is subject to U.S. federal income tax regardless of its source; or |

| · |     | a trust if a U.S. court can exercise primary supervision over the trust’s administration and one or more U.S. persons are authorized to control all 
 substantial decisions of the trust.                                                                                                                 |

You are a Non-U.S.holder if you are the beneficial owner of a security and are, for U.S. federal income tax purposes:

| · |     | a non-resident alien individual; |

| · |     | a foreign corporation; or |

| · |     | an estate or trust that in either case is not subject to U.S. federal income tax on a net income basis on income or gain from a security. |

Please consult your own tax advisor concerning the consequences of owning these securities in your particular circumstances. Material Tax Consequences of Owning Our Debt Securities Netherlands Taxation This section provides a general summary of the material Dutch tax issues and consequences of acquiring, holding, redeeming and/or disposing of the debt securities. This summary provides general information only and is restricted to the matters of Dutch taxation stated herein. The information given below is neither intended as tax advice nor purports to describe all of the tax considerations that may be