ING to Redeem Perpetual Capital Securities

ING announced its intention to redeem USD 1,500 million of 5.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on November 16, 2026. This action aligns with ING's strategy to optimize its capital structure. The redemption will be executed in full at the principal amount, with accrued interest paid to record holders by November 13, 2026. The paying agent is The Bank of New York Mellon, London Branch. ING will consider economic factors, market conditions, regulatory approvals, and capital requirements for any future decisions on exercising call options for its debt securities.