Update on management changes

Management Changes - Ljiljana Čortan will be appointed head of ING Wholesale Banking, effective 24 February 2026, succeeding Andrew Bester [1][2] - Andrew Bester will step down from the Management Board Banking on the same date after completing the handover of Wholesale Banking activities [2] - The appointment of Ljiljana Čortan has been approved by the European Central Bank [4] Leadership Transition - Steven van Rijswijk, ING's CEO, expressed gratitude for Andrew Bester's contributions over the last five years, highlighting the strengthening of the wholesale bank's foundations [2] - Ljiljana Čortan will leave her position as chief risk officer (CRO) on 24 February 2026, with a selection process for a new CRO currently underway [2] - Until a new CRO is appointed, the chief financial officer will temporarily assume responsibility for risk management on the Executive Board [2] Risk Management - Andrea Cesaroni, currently head of Integrated Risk, will perform day-to-day risk management activities in the interim role of head of risk, reporting to the CFO [2][3] - Andrea Cesaroni has over 25 years of experience in financial services and risk management, having joined ING in July 2022 [3]