Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 8

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 8
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 of ING’s restructuring programs, climate change targets, developments in relation to capital, anticipated tax rates, expected cash payments, outcomes of litigation and general economic conditions. These forward-looking statements are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those expressed or implied in such statements due to a number of factors, including, without limitation:

| · |     | changes in general economic conditions and customer behavior, in particular economic conditions in ING’s core markets, including changes affecting      
 currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures; |

| · |     | changes affecting interest rate levels; |

| · |     | any default of a major market participant and related market disruption; |

| · |     | changes in performance of financial markets, including in Europe and developing markets; |

| · |     | fiscal uncertainty in Europe and the United States; |

| · |     | discontinuation of or changes in ‘benchmark’ indices; |

| · |     | inflation and deflation in our principal markets; |

| · |     | changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness; |

| · |     | failures of banks falling under the scope of state compensation schemes; |

| · |     | non-compliance with or changes in laws and regulations, including those concerning financial services, financial 
 economic crimes and tax laws, and the interpretation and application thereof;                                    |

| · |     | geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of 
 Russia into Ukraine and the related international response measures;                                                                                          |

| · |     | legal and regulatory risks in certain countries with less developed legal and regulatory frameworks; |

| · |     | prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions, (also among members 
 of the Group);                                                                                                                                                |

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| · |     | ING’s ability to meet minimum capital and other prudential regulatory requirements; |

| · |     | changes in regulation of US commodities and derivatives businesses of ING and its customers; |

| · |     | application of bank recovery and resolution regimes, including write-down and conversion powers in relation to our securities