Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 67

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 67
---
55

The Issuer may, without the consent of the holders of the Securities, issue additional Securities having the same ranking, interest rate, interest cancellation terms, redemption terms, Conversion Price and other terms as the Securities described in this prospectus supplement, other than the price to the public, the issue date and the amount of the first interest payment. Any such additional Securities, together with the Securities offered by this prospectus supplement, shall constitute a single series of securities under the Indenture. There is no limitation under the Indenture on the amount of Securities or other debt securities or capital securities that the Issuer or its subsidiaries’ may issue and there is no restriction on the Issuer’s issuing securities that may have preferential rights to the Securities or securities with similar or different provisions to those described herein. The Securities shall be issued in denominations of $200,000 and integral multiples of $1,000 in excess thereof. The denomination of each Security is referred to as its “ Tradable Amount” in this prospectus supplement. Prior to a Conversion (as described under “— Conversion Upon Trigger Event” below), the principal amount of each Security shall be equal to its Tradable Amount. Following a Conversion, the principal amount of each Security shall be zero, but its Tradable Amount shall remain unchanged. Interest Subject to the conditions described under “— Interest Cancellation,” interest on the Securities shall be payable semi-annually in arrears on May 16 and November 16 (each an “ Interest Payment Date”), commencing on November 16, 2025, to holders of record at the close of business on the immediately preceding business day (or, if the Securities are held in definitive form, the 15th calendar day preceding such Interest Payment Date), and shall be calculated on the basis of a year of 360 days consisting of 12 months of 30 days each (the “ Day Count Fraction”) and, in the case of an incomplete month, the actual number of days elapsed. A payment made on that first Interest Payment Date, if any, would be in respect of the period from (and including) September 9, 2025, the date of initial issuance of the Securities (the “ Issue Date”), to (but excluding) November 16, 2025. If any Interest Payment Date is not a business day, interest shall be payable on the following business day without adjustment. The term “ business day” means any day other than a Saturday or Sunday or a day on which banking institutions are authorized or obligated