Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 100

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 100
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 the relevant resolution authority of its decision to exercise such power. No principal of, or interest on, the debt securities shall become due and payable after the exercise of any Dutch Bail-inPower by the relevant resolution authority except as permitted under the laws and regulations of The Netherlands and the European Union applicable to us. In addition, the exercise of any Dutch Bail-inPower may require interests in the debt securities and/or other actions implementing any Dutch Bail-inPower to be held or taken, as the case may be, through clearing systems, intermediaries or persons other than DTC. By acquiring any debt securities, each holder and beneficial owner of a debt security or any interest therein, to the extent permitted by the Trust Indenture Act, shall be deemed to waive any and all claims against the trustee for, and to agree not to initiate a suit against the trustee in respect of, and to agree that the trustee shall not be liable for, any action that the trustee takes, or abstains from taking, in either case in accordance with the exercise of the Dutch Bail-inPower by the relevant resolution authority with respect to such debt securities. We shall provide a written notice directly to DTC as soon as practicable of any exercise of the Dutch Bail-inPower with respect to any debt securities by the relevant resolution authority for purposes of notifying holders of such occurrence, including the amount of any cancellation of all, or a portion, of the principal amount of, or interest on, such debt securities. We shall also deliver a copy of such notice to the trustee for information purposes. Failure to provide such notices will not have any impact on the effectiveness of, or otherwise invalidate, any such exercise of the Dutch Bail-inPower. By its acquisition of debt securities, each holder of debt securities acknowledges and agrees that the exercise of the Dutch Bail-inPower by the relevant resolution authority with respect to such debt securities shall not give rise to a default for purposes of Section 315(b) (Notice of Default) and Section 315(c) (Duties of the Trustee in Case of Default) of the Trust Indenture Act. ING Groep N.V.’s obligations to indemnify the trustee in accordance with the indentures shall survive the exercise of a Dutch Bail-inPower by the relevant resolution authority with respect to any debt securities. By acquiring any debt securities, each holder and beneficial owner of a debt security or any interest therein acknowledges and agrees that, upon the exercise of any Dutch Bail-inPower by the relevant resolution authority with respect to the debt securities, (