Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 17

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 17
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 of default or a default under the notes or Indenture. By acquiring any of the notes, each holder and beneficial owner of the notes or any interest therein acknowledges and agrees that exercise of the Dutch Bail-inPower by the relevant resolution authority with respect to the notes will 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. See “Description of Notes — Agreement and Acknowledgment with Respect to the Exercise of Dutch Bail-inPower” above and “— Regulatory action in the event of a bank failure could materially adversely affect the value of the notes” below for more information with respect to exercise of the Dutch Bail-inPower. The sole remedies of the holders and the trustee for the Issuer’s breach of any obligation under the notes or the Indenture shall be (1) to demand payment of any principal or interest that the Issuer fails to pay when it has become due and payable and, in the case of interest, where such failure continues for at least 30 days (provided that the trustee has provided the Issuer with notice of such failure to pay interest at least 15 days prior to the end of such 30-dayperiod), (2) to seek enforcement of any of the Issuer’s other obligations under the notes or the Indenture (other than any payment obligation) or damages for the Issuer’s failure to satisfy any such obligation, (3) to exercise the remedies described under “Description of Debt Securities — Events of Default and Remedies — Limited Remedies for Non-Paymentand Breach of Obligations; Trust Indenture Act Remedies” in the accompanying prospectus and (4) to claim in the Issuer’s liquidation or bankruptcy. The foregoing shall not prevent the holders or the trustee from instituting proceedings for the Issuer’s bankruptcy. The market value of the notes may be influenced by unpredictable factors. Certain factors, many of which are beyond the Issuer’s control, will influence the value of the notes and the price, if any, at which securities dealers may be willing to purchase or sell the notes in the secondary market, including:

| · |     | the creditworthiness of the Issuer from time to time; |

| · |     | supply and demand for the notes; and |

| · |     | economic, financial, political or regulatory events or judicial decisions that affect ING or the financial