Company: INGVF
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-196042
Chunk: 2

Company: ING GROEP NV
Filing Date: 2025-09-04
Form: 424B5
Chunk 2
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 available and should not be offered, sold or otherwise made available to retail clients in the United Kingdom (“UK”) as defined in the UK Financial Conduct Authority (“FCA”) Conduct of Business Sourcebook (“COBS”). Prospective investors are referred to the section headed “Marketing Restrictions” on the inside cover page of this prospectus supplement for further information. Notwithstanding any other agreements, arrangements or understandings between the Issuer and any holder or beneficial owner of the Securities by acquiring the Securities, each holder and beneficial owner of the Securities or any interest therein acknowledges, accepts, recognizes, agrees to be bound by, and consents to the exercise of, any Dutch Bail-inPower by the relevant resolution authority that may result in the reduction (including to zero), cancellation or write-down (whether on a permanent basis or subject to a write-upby the relevant resolution authority) of all, or a portion, of the principal amount of, or interest on, the Securities and/or the conversion of all, or a portion, of the principal amount of, or interest on, the Securities into shares or claims which may give right to shares or other instruments of ownership or other securities or other obligations of the Issuer or obligations of another person (whether or not at the point of non-viabilityand independently of or in combination with a resolution action), including by means of a variation to the terms of the 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 Securities must otherwise be applied to absorb losses, or any expropriation of the Securities in each case, to give effect to the exercise by the relevant resolution authority of such Dutch Bail-inPower (whether at the point of non-viabilityor as taken together with a resolution action). Each holder and beneficial owner of a Security or any interest therein further acknowledges and agrees that the rights of holders and beneficial owners of a Security or any interest therein are subject to, and will be varied, if necessary, so as to give effect to, the exercise of any Dutch Bail-inPower by the relevant resolution authority. In addition, by acquiring any Securities, each holder and beneficial owner of a Security or any interest therein further acknowledges, agrees to be bound by, and consents to the exercise by the relevant resolution authority of, any power to suspend any payment in respect of the Securities for a temporary period. For these purposes, a “Dutch Bail-inPower” means any statutory write-down and/or conversion power existing from time to