Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 158

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 158
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 acknowledged that this prospectus supplement (together with the accompanying prospectus) has not been and will not be registered as a prospectus with the Monetary Authority of Singapore. Accordingly, each underwriter, severally and not jointly, has represented, warranted and agreed that it has not offered or sold any Securities or caused the Securities to be made the subject of an invitation for subscription or purchase and will not offer or sell any Securities or cause the Securities to be made the subject of an invitation for subscription or purchase, and has not circulated or distributed, nor will it circulate or distribute, this prospectus supplement (together with the accompanying prospectus) or any other document or S-114

material in connection with the offer or sale, or invitation for subscription or purchase, of the Securities, whether directly or indirectly, to any person in Singapore other than (i) to an institutional investor (as defined in Section 4A of the Securities and Futures Act 2001 of Singapore, as modified or amended from time to time (the “SFA”)) pursuant to Section 274 of the SFA or (ii) to an accredited investor (as defined in Section 4A of the SFA) pursuant to and in accordance with the conditions specified in Section 275 of the SFA. Switzerland Each underwriter has represented and agreed that:

| (i) | it will not make a public offer of the Securities, directly or indirectly, in Switzerland, as such terms are 
 defined or interpreted under the Swiss Financial Services Act (“FinSA”);                                     |

| (ii) | the Securities will not be admitted to trading on a trading venue (exchange or multilateral trading facility) 
 in Switzerland;                                                                                               |

| (iii) | it will not offer, sell, advertise or distribute the Securities, directly or indirectly, in Switzerland, as                                                                      
 such terms are defined or interpreted under the FinSA, except to professional clients as such term is defined or interpreted under the FinSA (the “Professional Investors”); and |

| (iv) | no key information document pursuant to article 58(1) FinSA (or any equivalent document under the FinSA) has                                                                                                                                         
 been or will be prepared in relation to any Securities and, therefore, any Securities with a derivative character within the meaning of article 86(2) of the Swiss Financial Services Ordinance may not be offered or recommended to private clients 
 within the meaning of the FinSA in Switzerland.                                                                                                                                                                                                      |

The Securities may not be publicly offered, directly or