Company: INGVF
Filing Date: 2025-03-20
Form Type: 424B5
Source: 0001193125-25-058308
Chunk: 73

Company: ING GROEP NV
Filing Date: 2025-03-20
Form: 424B5
Chunk 73
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 at, qualified investors listed in the first addendum, or the Addendum, to the Israeli Securities Law. Qualified investors may be
required to submit written confirmation that they fall within the scope of the Addendum.

Other Jurisdictions outside the United States

No action may be taken in any jurisdiction other than the United States that would permit a public offering of the notes
or the possession, circulation or distribution of this prospectus supplement in any jurisdiction where action for that purpose is required. Accordingly, the notes may not be offered or sold, directly or indirectly, and neither this prospectus
supplement nor any other offering material or advertisements in connection with the notes may be distributed or published in or from any country or jurisdiction, except under circumstances that will result in compliance with any applicable rules and
regulations of any such country or jurisdiction.

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VALIDITY OF NOTES

Sullivan & Cromwell LLP, United States counsel to the Issuer, will pass upon the validity of the notes under New York law. Linklaters
LLP, Amsterdam, The Netherlands, Dutch counsel to the Issuer, will pass on the validity of the notes under Dutch law. Davis Polk & Wardwell London LLP, United States counsel for the underwriters, will pass upon certain matters of New York
law for the underwriters.

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EXPERTS

The consolidated financial statements of ING Groep N.V. as of December 31, 2024 and 2023 and for each of the years in the three-year
period ended December 31, 2024 appearing in the 2024 Form 20-F, and management’s assessment of the effectiveness of the internal control over financial reporting as of December 31, 2024 have
been incorporated by reference herein and in the registration statement in reliance upon the reports of KPMG Accountants N.V., independent registered public accounting firm, incorporated by reference herein, and upon the authority of said firm as
experts in accounting and auditing.

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Filed Pursuant to Rule 424(b)(2)
Registration No. 333-266516

PROSPECTUS

ING GROEP N.V.

(Amsterdam, The Netherlands)

$20,000,000,000

Debt Securities

Capital Securities

Ordinary Shares

American Depositary Shares

ING Groep N.V. from time to time may offer to sell debt
securities, capital securities, ordinary shares and American depositary shares, or “ADSs,”