ING Groep(ING) - 2023 Q4 - Annual Report

Annual General Meeting (AGM) and Governance - ING will hold its 2024 Annual General Meeting (AGM) on Monday, 22 April 2024, with proposals to reappoint Juan Colombás, Herman Hulst, and Harold Naus to the Supervisory Board for a second four-year term[2][3] - Deloitte Accountants BV is proposed to be appointed as the external auditor starting 1 January 2026, replacing KPMG Accountants NV, which will complete its maximum 10-year term at the end of 2025[4] - The AGM will be accessible both in person at Muziekgebouw aan 't IJ in Amsterdam and remotely via the 'Evote by ING' platform[6] Financial Reporting and Compliance - ING's 2023 Annual Report, including Annual Accounts and reports from the Executive and Supervisory Boards, was published on 7 March 2024 and is available in the AGM proxy materials[5] - ING's financial information is prepared in accordance with IFRS-EU, with all figures in the document being unaudited and subject to rounding differences[11] ESG and Sustainability - ING's ESG rating by MSCI was affirmed 'AA' in July 2023, and Sustainalytics rated its ESG material risk management as 'strong' as of December 2023[9] - ING's sustainability efforts are reflected in its inclusion in major ESG index products by Euronext, STOXX, Morningstar, and FTSE Russell[9] Business Operations and Market Presence - ING operates in over 40 countries with more than 60,000 employees, offering retail and wholesale banking services[7] - ING Group shares are listed on the Amsterdam (INGA NA, INGA.AS), Brussels, and New York Stock Exchange (ADRs: ING US, ING.N)[8] Risk Management - ING faces risks related to geopolitical instability, regulatory changes, cyberattacks, and climate change, as detailed in its most recent annual report[12]