Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 3

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 3
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 of the holder or beneficial owner of such notes, substitute all (but not some only) of such notes or vary the terms of all (but not some only) of such notes, so that the substituted notes are, or that the notes remain, Compliant Notes (as defined below), as applicable. See “Description of Notes — Substitution and Variation.” Any substitution or variation of the notes is subject to the provisions described under “Description of Notes — Conditions to Redemption, Substitution, Variation and Purchase.” By its acquisition of the notes or any beneficial interest therein, each holder and beneficial owner of the notes and each subsequent holder and beneficial owner of the notes, (i) acknowledges, accepts, agrees to be bound by, and consents to, the Issuer’s determination to substitute the notes or vary the terms of the notes as provided above, (ii) grants to the Issuer and the trustee full power and authority to take any action and/or to execute and deliver any document in the name and/or on behalf of such holder or beneficial owner, as the case may be, which is necessary or convenient to complete such substitution of the notes or the variation of the terms of the notes, as applicable; and (iii) to the extent permitted by the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), waives any and all claims, in law and/or in equity, against the Issuer and the trustee for, agrees not to initiate a suit against the Issuer or the trustee in respect of, and agrees that neither the Issuer nor the trustee shall be liable for, any action that the Issuer or the trustee takes, or abstains from taking, in either case in connection with the substitution of the notes or the variation of the terms of the notes at the option of the Issuer as provided in “Description of Notes — Substitution and Variation.” The Issuer will apply to list the notes on the New York Stock Exchange (“ NYSE”) under the symbols “ING29A” for the 2029 notes, “ING31” for the 2031 notes, “ING36” for the 2036 notes and “ING29B” for the floating rate notes. Trading of the notes on the NYSE is expected to begin within 30 days after the initial delivery thereof. Investing in the notes involves risks. See “ Risk Factors” beginning on page S-16of this prospectus supplement, “Risks Relating to Our Debt Securities and Capital Securities”