Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 303

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 303
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 in respect of the transfer of a debt security. Other Taxes There will be no registration tax, capital contribution tax, customs duty, stamp duty, real estate transfer tax or any other similar tax or duty due in The Netherlands in respect of or in connection with the mere issue, transfer, execution or delivery by legal proceedings of the debt securities or the performance of the ING Groep N.V.’s obligations under the relevant documents. Residency A holder of a debt security will not become, and will not be deemed to be, resident in The Netherlands merely by virtue of holding such debt security or by virtue only of the execution, performance, delivery and/or enforcement of any relevant documents. FATCA and the Common Reporting Standard On July 1, 2014, the Foreign Account Tax Compliance Act (“ FATCA”) entered into force. As a result, financial institutions where the notes are maintained have to report specified information to the tax administration on financial accounts held by U.S. persons. The tax administration in turn exchanges this information with the United States. Furthermore, the Organization of Economic Co-operationand Development (“ OECD”) released the Common Reporting Standard (“ CRS”) and its Commentary on July 21, 2014. Over 100 countries, including The Netherlands, have publicly committed to implement the CRS. On December 9, 2014, Member States adopted Directive 2014/107/EU on administrative cooperation in direct taxation (“ DAC2”) which provides for mandatory automatic exchange of financial information as foreseen in the OECD global standard. DAC2 amends the previous Directive on administrative cooperation in direct taxation, Directive 2011/16/EU (“ DAC1”). Since the CRS and DAC2 were implemented into legislation as per January 1, 2016 in most countries, financial institutions have to identify their account holder’s country of tax residence and report specified account information to the tax administration. The tax administration in turn exchanges this information with the tax administration of the account holder’s tax jurisdiction(s). Investors who are in any doubt as to their position under FATCA and/or CRS or would like to know more should consult their professional advisers. U.S. Taxation This subsection deals only with debt securities that are treated as indebtedness for U.S. federal income tax purposes and are due to mature 30 years or less from the date on which they are issued. The U.S. federal income -97-

tax consequences of owning debt securities that are to mature more than 30 years from their date of issue or are otherwise not treated as indebtedness for