Company: INGVF
Filing Date: 2025-03-20
Form Type: 424B5
Source: 0001193125-25-058308
Chunk: 173

Company: ING GROEP NV
Filing Date: 2025-03-20
Form: 424B5
Chunk 173
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 to authorize the repurchase of shares by the Executive Board subject to the approval of the Supervisory Board for a period of 18 months (or until the authorization is renewed, whichever is earlier).

Pursuant to the authorization currently in force, until October 25, 2023 (or until the authorization is renewed, whichever is earlier),
no more than 10 percent of ING Groep N.V.’s issued share capital may be held as treasury shares. When repurchasing shares, the Executive Board must observe the price ranges prescribed in the authorization. For the ordinary shares, the
authorization currently in force stipulates a minimum price of one eurocent and a maximum price equal to 110% of the opening stock price on the Amsterdam stock exchange on the date on which the purchase agreement is concluded or on the preceding day
of stock market trading.

Share Buyback Program

ING Groep N.V. commenced a share-buyback program on May 12, 2022 and which was intended to reduce the share capital of ING. On
July 18, 2022, ING announced the completion of such share buyback program. The total number of shares repurchased under the program was 40,749,792 ordinary shares at an average price of €9.41 for a total consideration of
€383,314,718.93.

Special rights of control

No special rights of control referred to in Article 10 of the directive of the European Parliament and the Council on takeover bids
(2004/25/EC) are attached to any share.

Obligations of shareholders to disclose holdings

Pursuant to Section 5.3 of the Dutch Financial Supervision Act (“Major Holdings Rules”), any person who, directly or
indirectly, acquires or disposes of an interest in the voting rights and/or the capital of (in short) a public limited company incorporated under the laws of The Netherlands with an official listing on a stock exchange within the European Economic
Area, as a result of which acquisition or disposal the percentage of voting rights or capital interest, whether through ownership of ordinary shares, ADSs or any other financial instrument, whether stock-settled or cash-settled, such as call or put
options, warrants, swaps or any other similar contract, reaches, exceeds or falls below 3%, 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 60%, 75% or 95%