Company: INGVF
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001628280-25-010764
Chunk: 170

Company: ING GROEP NV
Filing Date: 2025-03-06
Form: 20-F
Item: Item 6
Chunk 170
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029                         -                    -                                                                                                2,029                                            -   -                                
LSPP Deferred Shares Idnt                            2023                    10/05/2024           11/05/2028                    11/05/2029                                               -                                                              -   -                          2,029                         -                    -                                                                                                2,029                                            -   -                                
LSPP Deferred Shares Idnt                            2023                    10/05/2024           11/05/2029                    11/05/2030                                               -                                                              -   -                          2,033                         -                    -                                                                                                2,033                                            -   -                                
Total                                                                                                                                                                                                                                              17,192   10,228                     4,440                         16,915               10,589                                                                                               -                                       23,518   17,584                              3,233    
All Executive Board members participate in the ING Group Long-term Sustainable Performance Plan (LSPP) and receive their shares under its plan rules.
These relate to the number of shares that were sold at the vesting date to cover the estimated tax liabilities due on the vested awards. 
ING Group Annual Report 2024 on Form 20-F 

Contents       Part I         Part II        Part III       Additional information        Financial statements    
Loans and advances to Executive Board members
Executive Board members may obtain banking and insurance services from ING Group and its subsidiaries in the ordinary course of their business and on terms that are customary in the sector. The EB members do not receive privileged financial services. On 31 December 2024, there were no loans or advances outstanding to the EB members. 
ING shares held by Executive Board members
EB members are encouraged to hold ING shares as a long-term investment to maintain alignment with ING. The table below shows an overview of the shares held by members of the EB on 31 December 2024 and 2023.

5. ING shares held by Executive Board members                                    
Numbers of shares                                             2024           2023
Steven van Rijswijk (CEO)                                  101,908         92,394
Tanate Phutrakul (CFO)                                      33,160         25,619
Ljiljana Čortan (CRO)                                       17,584         10,228
2025 Executive Board remuneration
The SB makes base salary decisions on the EB members based on a range of factors as outlined in the Executive