Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 65

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 65
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 to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “ Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (“ high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order or (iii) are outside the United Kingdom (all such persons together being referred to as “ relevant persons”). This prospectus supplement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this prospectus supplement relates is available only to relevant persons and will be engaged in only with relevant persons. Each underwriter has represented, warranted and agreed that:

| (a) | it has only communicated or caused to be communicated and will only communicate or cause to be communicated an                                                                                                                                  
 invitation or inducement to engage in investment activity (within the meaning of Section 21 of the FSMA) received by it in connection with the issue or sale of the notes in circumstances in which Section 21(1) of the FSMA does not apply to 
 the Issuer; and                                                                                                                                                                                                                                 |

S-50

| (b) | it has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it 
 in relation to the notes in, from or otherwise involving the United Kingdom.                                   |

Canada Each underwriter has acknowledged that no prospectus has been filed with any securities commission or similar regulatory authority in Canada in connection with the offer and sale of the notes, the notes have not been, and will not be, qualified for sale under the securities laws of Canada or any province or territory thereof and no securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon this prospectus supplement, the underlying prospectus or the merits of the notes and any representation to the contrary is an offence. Each underwriter has represented and agreed that it has not offered, sold or distributed and will not offer, sell or distribute any notes, directly or indirectly, in Canada or to or for the benefit of any person subject to the securities laws of any province or territory of Canada, other than in compliance with applicable securities laws and, without limiting the generality of the foregoing:

| (a) | any offer or sale of the notes in Canada will be made only to only to