Company: INGVF
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001628280-25-010764
Chunk: 156

Company: ING GROEP NV
Filing Date: 2025-03-06
Form: 20-F
Item: Item 6
Chunk 156
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 is not considered to be a material conflicting interest. Banking and financial products in which the granting of credit is of a secondary nature, e.g. credit cards and overdrafts in a current account, are not considered a loan for this purpose and are therefore not disclosed in the ‘Remuneration report’. For an overview of loans granted to members of the SB, see the ‘Remuneration report’.Independence
All SB members, with the exception of no more than one person, should qualify as independent as defined in the best practice provision 2.1.8 of the Dutch Corporate Governance Code. The members of the SB are therefore requested to assess annually whether or not they are independent as set out in the Dutch Corporate Governance Code and to confirm this in writing. On this basis, the SB confirms that all members of the SB are to be regarded as independent on 31 December 2024. On this date all members of the SB were also to be regarded as independent within the meaning of the NYSE listing standards. 
Committees of the Supervisory Board
On 31 December 2024, the SB had six committees: the Risk Committee, the Audit Committee, the Nomination and Corporate Governance Committee, the Remuneration Committee, the ESG Committee and the Technology & Operations Committee (as of July 2024).

Separate charters have been drawn up for these committees, which are available on ing.com. 
Remuneration and share ownership 
Remuneration of the members of the SB is determined by the General Meeting and does not depend on the results of ING Group. Members of the SB are permitted to hold shares in the share capital of ING Group for long-term investment purposes. Details are given in the ‘Remuneration report’. Transactions by members of the SB in these shares need to comply with the ING insider regulations, which are available on ing.com.

ING Group Annual Report 2024 on Form 20-F 

Contents       Part I         Part II        Part III       Additional information        Financial statements    
Members of the Supervisory Board

Karl Guha (chairperson)Born: 1964Nationality: DutchTerm expires: 2027                                                                                                                                                            Mike Rees (vice-chairperson)Born: 1956Nationality: BritishTerm expires: 2027                                                                                                                                                     Juan ColombásBorn: 1962Nationality: SpanishTerm expires: 2028                                                                                                                                   Margarete HaaseBorn: 1953Nationality: AustrianTerm expires: 2025