Company: INGVF
Filing Date: 2025-03-20
Form Type: 424B5
Source: 0001193125-25-058308
Chunk: 218

Company: ING GROEP NV
Filing Date: 2025-03-20
Form: 424B5
Chunk 218
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 debt security by the amount of pre-issuanceaccrued interest if:

| · |     | a portion of the initial purchase price of your debt security is attributable to pre-issuance accrued interest; |

| · |     | the first stated interest payment on your debt security is to be made within one year of your debt security’s issue date; and |

| · |     | such payment will equal or exceed the amount of pre-issuance accrued interest. |

-104-

If this election is made, a portion of the first stated interest payment will be treated as a return of the excluded pre-issuanceaccrued interest and not as an amount of interest payable on your debt security. Debt Securities Subject to Contingencies Including Optional Redemption. Your debt security is subject to a contingency if it provides for an alternative payment schedule or schedules applicable upon the occurrence of a contingency or contingencies, other than a remote or incidental contingency, whether such contingency relates to payments of interest or of principal. In such a case, you must determine the yield and maturity of your debt security by assuming that the payments will be made according to the payment schedule most likely to occur if:

| · |     | the timing and amounts of the payments that comprise each payment schedule are known as of the issue date; and |

| · |     | one of such schedules is significantly more likely than not to occur. |

If there is no single payment schedule that is significantly more likely than not to occur, other than because of a mandatory sinking fund, you must include income on your debt security in accordance with the general rules that govern contingent payment obligations. These rules will be discussed in the applicable prospectus supplement. Notwithstanding the general rules for determining yield and maturity, if your debt security is subject to contingencies, and either you or we have an unconditional option or options that, if exercised, would require payments to be made on the debt security under an alternative payment schedule or schedules, then:

| · |     | in the case of an option or options that we may exercise, we will be deemed to exercise or not exercise an option or combination of options in the manner that 
 minimizes the yield on your debt security; and                                                                                                                 |

| · |     | in the case of an option or options that you may exercise, you will be deemed to exercise or not exercise an option or combination of options in the manner 
 that maximizes the yield on your debt security.                                                                                                             |

If both you and we hold options described