Company: INGVF
Filing Date: 2025-03-20
Form Type: 424B5
Source: 0001193125-25-058308
Chunk: 143

Company: ING GROEP NV
Filing Date: 2025-03-20
Form: 424B5
Chunk 143
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| · |     | second, the trustee performs administrative duties for us, such as sending you interest payments and notices. |

See “— Our Relationship with the Trustee” below for more information about the trustee. The indenture and its associated documents, including any supplemental indenture and your capital securities, contain the full text of the matters described in this section and the other terms described in your prospectus supplement. A copy of each indenture has been filed with the SEC as part of our registration statement. See “Available Information” above for information on how to obtain a copy. When we refer to the indenture or the trustee with respect to any capital securities, we mean the indenture including any supplemental indenture, and the trustee under that indenture. Agreement and Acknowledgment with Respect to the Exercise of Dutch Bail-inPower With a view to Article 55 of the Directive 2014/59/EU of the European Parliament and of the Council (the “ Bank Recovery and Resolution Directive” or “ BRRD”), we have included the following two paragraphs in the terms of the capital securities:

| (a) | Notwithstanding any other agreements, arrangements or understandings between us and any holder or beneficial                                                                                                                                         
 holder of our capital securities, by acquiring any capital securities, each holder and beneficial owner of a capital security or any interest therein acknowledges, accepts, recognizes, agrees to be bound by, and consents to the exercise of, any 
 Dutch Bail-in Power by the relevant                                                                                                                                                                                                                  |

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| resolution authority that may result in the reduction, cancellation or write-down (whether or not on a permanent basis) of all, or a portion, of the principal amount of, or interest on, the                                                             
 capital securities and/or the conversion of all, or a portion, of the principal amount of, or interest on, the capital securities into shares or other securities or other of our obligations or obligations of another person (whether or not at the     
 point of non-viability and independently of or in combination with a resolution action), including by means of a variation to the terms of the capital securities (which may include amending the interest amount                                         
 or the maturity or interest payment dates, including by suspending payment for a temporary period), or that the debt securities or capital securities must otherwise be applied to absorb losses, or any expropriation of the capital securities, in each 
 case, to give effect to the exercise by the relevant resolution authority of such Dutch Bail-in Power (whether at the point of non