Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 216

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 216
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 First, there are changes that we or the trustee cannot make without the approval of each holder of a debt security affected by the change under a particular indenture. We cannot:

| • |     | change the stated maturity, if any, for any principal or interest payment on a debt security; |

| • |     | reduce the principal amount, the amount payable on acceleration of the maturity after an event of default, the 
 interest rate or the redemption price or any premium for a debt security;                                      |

| • |     | change our obligation to pay additional amounts in respect of a debt security; |

| • |     | permit redemption of a debt security if not previously permitted; |

| • |     | modify the provisions of the indenture with respect to the subordination of the debt securities in a manner 
 adverse to holders;                                                                                         |

| • |     | impair any right a holder may have to require repayment or conversion of its debt security; |

| • |     | change the currency of any payment on a debt security other than as permitted by the debt security; |

| • |     | change the place of payment on a debt security, if it is in non-global 
 form;                                                                  |

| • |     | impair a holder’s right to sue for payment of any amount due on its debt security; |

| • |     | reduce the percentage in principal amount of the debt securities and any other affected series of debt              
 securities, taken together, the approval of whose holders is needed to change the indenture or the debt securities; |

| • |     | reduce the percentage in principal amount of the debt securities and any other affected series of debt                                                                               
 securities, taken separately or together, as the case may be, the consent of whose holders is needed to waive our compliance with the applicable indenture or to waive defaults; and |

| • |     | change the provisions of the applicable indenture dealing with modification and waiver in any other respect,                                                                             
 except to increase any required percentage referred to above or to add to the provisions that cannot be changed or waived without approval of the holder of each affected debt security. |

Changes Not Requiring Approval The second type of change does not require any approval by holders of the debt securities. These changes are limited to clarifications and changes that would not adversely affect the debt securities in any material respect. Nor do we need any approval to make any change that affects only debt securities to be issued under the applicable indenture after the changes take effect. We may also make changes