Company: INGVF
Filing Date: 2025-04-24
Form Type: F-3ASR
Source: 0001193125-25-093692
Chunk: 2

Company: ING GROEP NV
Filing Date: 2025-04-24
Form: F-3ASR
Chunk 2
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 supplement describing the terms of the specific issues of securities including
their offering price and the specific manner in which they may be offered. You should read this prospectus and the accompanying supplement carefully before you invest. We may offer and sell the securities directly to purchasers, through
underwriters, dealers or agents, including ING Financial Markets LLC or another of our affiliates, or through any combination of these methods, on a continuous or delayed basis.

Investing in the securities involves risks. Please see “ Risks Relating to our Debt Securities and Capital Securities” beginning on page 9 as well as the risk factors set forth in our most recent Annual Report on Form 20-Fand in other reports incorporated herein by reference. We may include specific risk factors in an applicable prospectus supplement under the heading “Risk Factors.”

The securities are not deposit liabilities and are not covered by any compensation scheme, or insured by any governmental body, of the United States, The Netherlands, or any other jurisdiction.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.

We may use this prospectus in
the initial sale of these securities. In addition, one or more of our affiliates may use this prospectus in a market-making transaction involving any of these securities after the initial sale. Unless we or our agent informs the purchaser otherwise in the confirmation of sale, this prospectus is being used in a market-making transaction.

Prospectus dated April 24 , 2025

TABLE OF CONTENTS

| PROSPECTUS SUMMARY                                           |     |   1 |
| AVAILABLE INFORMATION                                        |     |   4 |
| CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS   |     |   6 |
| ABOUT THIS PROSPECTUS                                        |     |   8 |
| RISKS RELATING TO OUR DEBT SECURITIES AND CAPITAL SECURITIES |     |   9 |
| CAPITALIZATION AND INDEBTEDNESS                              |     |  16 |
| USE OF PROCEEDS                                              |     |  18 |
| DESCRIPTION OF DEBT SECURITIES                               |     |  19 |
| DESCRIPTION OF CAPITAL SECURITIES                            |     |  48 |
| DESCRIPTION OF ORDINARY SHARES                               |     |  64 |
| DESCRIPTION OF AMERICAN DEPOSITARY SHARES                    |     |  74 |
| LEG