Company: INGVF
Filing Date: 2025-04-24
Form Type: F-3ASR
Source: 0001193125-25-093692
Chunk: 85

Company: ING GROEP NV
Filing Date: 2025-04-24
Form: F-3ASR
Chunk 85
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 consolidate or to sell our assets. Also, these conditions will apply only if we wish to merge or consolidate with another entity or sell our assets substantially as an entirety to another entity. We will not need to satisfy these conditions if we enter into other types of transactions, including any transaction in which we acquire the stock or assets of another entity, any transaction that involves a change of control of ING Groep N.V. but in which we do not merge or consolidate, and any transaction in which we sell less than substantially all our assets. -59-

Also, if we merge, consolidate or sell our assets substantially in their entirety, neither we nor any successor would have any obligation to compensate you for any resulting adverse tax consequences relating to your capital securities. Modifications of the Capital Securities Indenture There are four types of changes we can make to a particular indenture and the capital securities issued thereunder. Changes Requiring Each Holder’s Approval First, there are changes that we or the trustee cannot make without the approval of each holder of a capital security affected by the change under capital securities indenture. We cannot:

| • |     | change the stated maturity, if any, for any principal or interest payment on a capital security; |

| • |     | reduce the principal amount, the amount payable on acceleration of the maturity after an event of default, the 
 interest rate or the redemption price for a capital security;                                                  |

| • |     | permit redemption of a capital security if not previously permitted; |

| • |     | impair any right a holder may have to require repayment; |

| • |     | change the currency of any payment on a capital security other than as permitted by the capital security; |

| • |     | change the place of payment on a capital security, if it is in non-global 
 form;                                                                     |

| • |     | impair a holder’s right to sue for payment of any amount due on its capital security; |

| • |     | reduce the percentage in principal amount of the capital securities and any other affected series of capital           
 securities, taken together, the approval of whose holders is needed to change the indenture or the capital securities; |

| • |     | reduce the percentage in principal amount of the capital securities and any other affected series of capital                                                                         
 securities, taken separately or together, as the case may be, the consent of whose holders is needed to waive our compliance with the applicable indenture or to waive defaults; and |

| • |     | modify any of the provisions