Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 213

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 213
---
100-

| a resident or deemed to be a resident in The Netherlands at the date (a) of the fulfilment of the condition; or (b) of his or her death and the condition of the gift is fulfilled after 
 the date of his or her death; or                                                                                                                                                         |

| (ii) | in case of a gift of debt securities by an individual who, at the date of the gift or — in case of a gift                                                                                                                                            
 under a condition precedent — at the date of the fulfilment of the condition, was neither resident nor deemed to be resident in The Netherlands, such individual dies within 180 days after the date of the gift or the fulfilment of the condition, 
 while being a resident or deemed to be a resident in The Netherlands.                                                                                                                                                                                |

Value-Added Tax No value-added tax will be due in The Netherlands in respect of payments made in consideration for the issue of the debt securities, whether in respect of payments of interest and principal or in respect of the transfer of a debt security. Other Taxes There will be no registration tax, capital contribution tax, customs duty, stamp duty, real estate transfer tax or any other similar tax or duty due in The Netherlands in respect of or in connection with the mere issue, transfer, execution or delivery by legal proceedings of the debt securities or the performance of the ING Groep N.V.’s obligations under the relevant documents. Residency A holder of a debt security will not become, and will not be deemed to be, resident in The Netherlands merely by virtue of holding such debt security or by virtue only of the execution, performance, delivery and/or enforcement of any relevant documents. FATCA and the Common Reporting Standard On July 1, 2014, the Foreign Account Tax Compliance Act (“ FATCA”) entered into force. As a result, financial institutions where the notes are maintained have to report specified information to the tax administration on financial accounts held by U.S. persons. The tax administration in turn exchanges this information with the United States. Furthermore, the Organization of Economic Co-operationand Development (“ OECD”) released the Common Reporting Standard (“ CRS”) and its Commentary on July 21, 2014. Over 100 countries, including The Netherlands, have publicly committed to implement the CRS. On December 9, 2014, Member States adopted Directive 2014/107/EU on administrative cooperation in direct taxation (“ DAC2”) which provides for mandatory automatic exchange of financial information as foreseen in the OECD global standard. DAC2 amends the previous