Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 30

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 30
---
 to additional loss absorbing capacity (including MREL and TLAC (as
both terms are defined below)). A failure to comply with such requirements, as the same may be amended from time to time, may result in restrictions on the Issuer’s ability to make discretionary distributions in certain circumstances. For more
information on the capital and regulatory framework to which the Group is subject, see the section entitled “Regulation and Supervision — Basel III and European Union Standards as currently applied by ING Bank” starting on page 59
of the 2024 Form 20-F incorporated herein by reference, “Regulation and Supervision — Capital requirements applicable to ING Group at a consolidated level” on page 61 of the 2024 Form 20-F incorporated herein by reference and “Regulation and Supervision — Bank Recovery and Resolution Directive” starting on page 61 of the 2024 Form 20-F
incorporated herein by reference.

In The Netherlands, the countercyclical capital buffer (“CCyB”) (as described in
“Regulation and Supervision — Capital requirements applicable to ING Group at a consolidated level” on page 61 of the 2024 Form 20-F incorporated herein by reference) is currently set
at 2.0% by the central bank of The Netherlands (“DNB”). However, in respect of exposures outside The Netherlands, local regulators may set the CCyB at a level higher than the level set by DNB. As at June 30, 2025, the
Group’s prevailing CET1 ratio requirement (including buffer requirements) was 10.74%, while the Group’s fully-loaded CET1 requirement was 10.86%. As at June 30, 2025, the Group CET1 Ratio was 13.3%.

Under the Banking Reform Package (as defined in the section entitled “Regulation and Supervision — CRRII / CRD V and BRRDII”
starting on page 59 of the 2024 Form 20-F incorporated herein by reference), the restrictions imposed by the Maximum Distributable Amount will now encompass the minimum Leverage Ratio requirement and the MREL
requirement. The Banking Reform Package covers multiple areas, including the Pillar 2 framework, the introduction of a leverage ratio requirement of 3% and a leverage ratio buffer requirement of 0.5% which is 50% of the G-SIB buffer requirement (applicable per January 1, 2023). Therefore, from January