Progress on share buyback programme

ING announced today that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 2,996,684 shares during the week of 15 July 2024 up to and including 19 July 2024.

The shares were repurchased at an average price of €16.84 for a total amount of €50,463,342.88. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.

In line with the purpose of the programme to reduce the share capital of ING, the total number of shares repurchased under this programme to date is 72,158,971 ordinary shares at an average price of €16.16 for a total consideration of €1,165,896,175.30. To date approximately 46.64% of the maximum total value of the share buyback programme has been completed.