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GlobeNewswire (Europe)
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ING Group: Hans Wijers to retire as ING Supervisory Board chairman

Hans Wijers to retire as ING Supervisory Board chairman

ING announced today that Hans Wijers has expressed the intention for personal reasons to hand over his duties as chairman and retire from the ING Group Supervisory Board in the second half of 2023. Hans Wijers was appointed to the Supervisory Board in 2017 and became its chairman in 2018. In 2021 he was reappointed for a second term.

Hans Wijers said: "It has been an honour to serve as a member and chairman of the Supervisory Board of this great company. I am proud of our achievements over the past years. This is a good moment to move on, as we have the right strategy and the right leadership that is delivering sustainable value for our customers and society at large. I am confident my successor will ensure ING can continue on that path."

Steven van Rijswijk, CEO of ING said: "On behalf of the Management Board Banking, I want to express my gratitude for the great stewardship Hans showed in some of the most eventful episodes for our sector and our organisation. He was instrumental in building the current great teams across our boards. I will certainly miss him as an immensely valuable sparring partner. We regret his leaving later this year but wish him well for the future."

In light of Hans Wijers' intention, the Supervisory Board has started preparations for electing a successor as chair of the Board, ensuring a smooth transition of responsibilities, also in the context of the overall composition of the board and regulatory approvals. Any further announcements on the succession will be made in due course.

Note for editors

For further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroomor via the @ING_newsTwitter feed. Photos of ING operations, buildings and its executives are available for download at Flickr.

Press enquiries Investor enquiries
Raymond Vermeulen ING Group Investor Relations
+31 20 576 6369 +31 20 576 6396
Raymond.Vermeulen@ing.com (mailto:Raymond.Vermeulen@ing.com) Investor.Relations@ing.com (mailto:Investor.Relations@ing.com)

ING PROFILE
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank's more than 58,000 employees off er retail and wholesale banking services to customers in over 40 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability is an integral part of ING's strategy, evidenced by ING's leading position in sector benchmarks. ING's Environmental, Social and Governance (ESG) rating by MSCI was affirmed 'AA' in September 2022. As of August 2022, Sustainalytics considers ING's management of ESG material risk to be 'strong', and in June 2022 ING received an ESG rating of 'strong' from S&P Global Ratings. ING Group shares are also included in major sustainability and ESG index products of leading providers Euronext, STOXX, Morningstar and FTSE Russell.

IMPORTANT LEGAL INFORMATION
Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014.

Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation:.

This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING's control.

Any forward looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States or any other jurisdiction.


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