Company: INGVF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001628280-25-036812
Chunk: 55

Company: ING GROEP NV
Filing Date: 2025-07-31
Form: 6-K
Chunk 55
---
 best information available in the circumstances. Unobservable inputs may include volatility, correlation, spreads to discount rates, default rates and recovery rates, prepayment rates, and certain credit spreads. Valuation techniques that incorporate unobservable inputs are sensitive to the inputs used. Of the total amount of financial assets classified as Level 3 as at 30 June 2025 of EUR 11.6billion (31 December 2024: EUR 11.0billion), an amount of EUR 9.5billion ( 81.9%) (31 December 2024: EUR 9.6billion, being 87.2%) is based on unadjusted quoted prices in inactive markets. As ING does not generally adjust quoted prices using its own inputs, there is no significant sensitivity to ING’s own unobservable inputs. Furthermore, Level 3 financial assets include EUR 0.1billion (31 December 2024: EUR 0.1billion) which relates to financial assets that are part of structures that are designed to be fully neutral in terms of market risk. Such structures include various financial assets and liabilities for which the overall sensitivity to market risk is insignificant. Whereas the fair value of individual components of these structures may be determined using different techniques and the fair value of each of the components of these structures may be sensitive to unobservable inputs, the overall sensitivity is by design not significant. The remaining EUR 1.9billion (31 December 2024: EUR 1.3billion) of the fair value classified in Level 3 financial assets is established using valuation techniques that incorporate certain inputs that are unobservable. Of the total amount of financial liabilities classified as Level 3 as at 30 June 2025 of EUR 0.6billion (31 December 2024: EUR 0.8billion), an amount of EUR 0.5billion ( 78.3%) (31 December 2024: EUR 0.6billion, being 75.7%) is based on unadjusted quoted prices in inactive markets. As ING does not generally adjust quoted prices using its own inputs, there is no significant sensitivity to ING’s own unobservable inputs.

ING Group Condensed consolidated interim financial information on form 6-K for the six month period ended 30 June 2025 - Unaudited 53

| Contents |     | Interim Report |     | Risk management |     | Condensed consolidated interim financial statements |     |