Slide 1: Strength of our business drives continued growth and strong value delivery
1Q2026 Strength of our business drives continued growth and strong value delivery 30 April 2026
Slide 2: Continued commercial growth in 1Q2026
Continued commercial growth in 1Q2026 Customer Customer Customer Sustainable Diversification Profitability growth lending deposits financing Mobile primary Lending Deposits Fee Return on Sustainable customers growth growth income tangible equity volume mobilised2) +125,000 €15.0 bln €7.2 bln €1,236
Slide 3: Resilience of our business supports continued growth
Resilience of our Superior value for our Broad-based income business supports customers diversification continued growth amid geopolitical Our growth momentum is fuelled by more customers choosing ING as primary bank Strong fee momentum across all businesses • Continued fee income growth with all un
Slide 4: Consistent execution of our strategy drives value
Consistent execution of our strategy drives value Positive momentum in EPS and ROTE performance Strong catalysts for further value creation Earnings per share (in €) and return on tangible equity on a four-quarter basis Commercial growth >15% • Continued customer acquisition • Doing more with existi
Slide 5: Increasingly enabling scalable growth at marginal incremental costs
Increasingly enabling scalable growth at marginal incremental costs What drives our Strong commercial growth… Sustained scalable growth scalable growth Year-on-year FTEs / customer balances4) Digitalisation Mobile primary -4% customers 6.8% • 82% STP rate1) Customer balances 5.3% Foundational capabi
Slide 6: Strong capital generation
Strong capital generation 1.9% 13.6% 13.0% -1.0% -0.3% -1.3% -0.0% 1Q2025 Capital Regular RWA Additional Other 1Q2026 CET1 ratio generation dividends consumption distributions CET1 ratio €6.4 bln €-3.2 bln €-1.0 bln €-4.4 bln net profit regular dividend capital deployed cash and SBB • Consistent str
Slide 7: Continued attractive shareholder return
Continued attractive shareholder return Distributions (in € bln) Share price and distributions per share (in €) As distributed in the respective quarter 24.0 25.0 8.00 3,368 22.1 22.1 7.00 20.0 18.0 18.6 6.00 21.0 19.6 5.00 2,152 1,964 18.0 15.0 16.8 4.00 16.1 1,260 1,039 1,115 3.00 500 734 10.0 2.0
Slide 8: Outlook for 2026 and 2027
Outlook for 2026 and 2027 8
Slide 9: Confirmation of outlook for 2026 and 2027
Confirmation of outlook for 2026 and 2027 Outlook 2026 Outlook 2027 Mobile primary customers +1 mln per annum +1 mln per annum Fee income +5-10% growth >€5 bln Total income ~€24 bln >€25 bln Operating expenses €12.6-€12.8 bln1) ~€13 bln1) CET1 ratio ~13% ~13% Return on tangible equity >14% >15% 1) E
Slide 10: 1Q2026 results
1Q2026 results 10
Slide 11: Total income supported by strong momentum in commercial NII and fees
Total income supported by strong momentum in commercial NII and fees Commercial NII (in € mln) Fee income (in € mln) All other income (in € mln) Total income (in € mln) +7.0% +12.9% -29.5% +3.3% 4,060 5,637 5,702 5,898 5,797 5,823 3,794 3,772 3,823 3,928 1,221 1,236 1,094 1,122 1,165 910 749 809 649
Slide 12: Continued growth in customer balances
Continued growth in customer balances Customer lending (in € bln) Strong growth in customer lending • €9.4 bln growth in Retail Banking, as Net core lending growth €15.0 bln demand for mortgages remained solid, alongside growth in both 2.6 5.6 1.4 744.0 5.9 0.9 business and consumer lending 727.6 •
Slide 13: Higher commercial NII supported by volume growth
Higher commercial NII supported by volume growth Breakdown commercial NII (in € mln) Average customer balances (in € bln)1) Development of margins (in bps) +7.0% +5.0% 4,060 226 223 222 223 226 3,794 3,772 3,823 3,928 1,795 668 680 678 686 689 1,685 1,659 1,674 1,704 125 125 125 126 126 101 98 99 99
Slide 14: Continued momentum of rising fee income
Continued momentum of rising fee income Fee income per product category (in € mln) Structural growth • Another strong quarter in fee income, +13% with continued structural growth 1,221 1,236 (~75% alpha driven) 1,094 1,122 1,165 66 73 65 79 • Retail Banking fees grew 13% YoY 82 92 68 74 69 69 310 35
Slide 15: All other income affected by market volatility
All other income affected by market volatility All other income (in € mln) • Heightened market volatility in 1Q2026, following the war in the Middle East, weighed on hedge 809 910 ineffectiveness results, of which the 54 majority should come back over time 749 91 106 given lower interest rate volati
Slide 16: Good cost discipline, demonstrating our scalable growth capabilities
Good cost discipline, demonstrating our scalable growth capabilities Expenses (in € mln) Regulatory costs (in € mln) Incidental items (in € mln) Excluding regulatory costs and incidental items +1.1% 2,835 2,841 2,872 2,872 2,865 361 361 324 116 104 73 78 67 30 4 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 1Q
Slide 17: Risk costs broadly stable as prudent overlays were offset by repayments
Risk costs broadly stable as prudent overlays were offset by repayments Risk costs per business line Stage 2 ratio Stage 3 ratio Totals including Corporate Line 8.4% 8.6% 1.8% 18 17 19 20 19 8.3% 8.3% 8.3% 8.1% 1.7% 8.3% 8.1% 1.7% 1.7% 1.6% 365 8.0% 326 346 8.2% 313 299 8.2% 1.6% 62 7.9% 1.5% 1.6% 8
Slide 18: Strong capital generation, enabling a €1.0 bln share buyback programme
Strong capital generation, enabling a €1.0 bln share buyback programme CET1 capital ratio development (in %) 13.1% +0.5% +0.1% 13.0% 12.9% ~13% -0.2% -0.2% -0.1% -0.1% 11.1% 4Q2025 Net result Dividend Implementation Other capital RWA 1Q2026 Own fund 1Q2026 Basel IV CET1 reserving for of new reservin
Slide 19: Concluding remarks
Concluding remarks 19
Slide 20: Concluding remarks
Concluding remarks • The resilience of our business has supported continued growth amid geopolitical uncertainty • Consistent execution of our strategy drives value, with increasing momentum in EPS and ROTE • Our focus on operational excellence enables scalable growth, with commercial growth signifi
Slide 21: Q&A
Q&A 21
Slide 22: Appendix
Appendix 22
Slide 23: 1Q2026 results overview
1Q2026 results overview 1Q2026 results overview (in € mln) Reported P&L Volatile items P&L excluding volatile items Commercial NII 4,060 0 4,060 Fee income 1,236 0 1,235 All other income 528 -72 599 Total income 5,823 -71 5,894 Expenses excl. regulatory costs 2,896 30 2,866 Regulatory costs 324 0 32
Slide 24: Volatile income and expense items
Volatile income and expense items Volatile items (in € mln) 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 WB/FM – valuation adjustments -6 -26 22 -4 30 Capital gains/losses 6 -14 5 13 5 Hedge ineffectiveness1) -10 -49 21 12 -81 Other items income2) -29 -21 30 54 -25 Total volatile items – income -39 -110 77 75
Slide 25: Retail Banking countries contributing to strong returns
Retail Banking countries contributing to strong returns Retail Banking Total Netherlands Belgium1) Germany Spain Italy Australia Poland Romania Türkiye Scale (1Q2026) Customers (mln) 40.8 7.8 2.4 9.4 4.6 1.4 2.8 4.5 1.9 6.0 o.w. primary (mln) 17.1 5.0 1.1 3.3 1.8 0.6 1.2 2.4 1.1 0.6 o.w. mobile prim
Slide 26: Return on tangible equity reporting
Return on tangible equity reporting Historical trend return on equity (ROE) and return on tangible equity (ROTE) • To align with industry practice, we have transitioned from ROE to ROTE 24 16 35 34 40 44 reporting as of 1Q2026 • In ROTE, intangible assets are 15.2% excluded from IFRS-EU shareholders
Slide 27: Short to medium term liability margin outlook positively impacted by changes in forward curve
Short to medium term liability margin outlook positively impacted by changes in forward curve Replicating income on Retail eurozone 3-month EURIBOR forward curves customer deposits Total liability margin Implied interest rates, end-of-period, in bps Interest income in € bln1) Average liability margi
Slide 28: Granular deposit base
Granular deposit base Total customer deposits per segment (in € bln) • Highly insured, granular and growing Total includes Corporate Line customer deposits represent a strong funding base 734 738 736 721 753 42 40 39 • ~70% of total deposits is from 79 40 76 82 80 15 83 private individuals, of which
Slide 29: Additions to loan loss provisions per Stage
Additions to loan loss provisions per Stage Stage 1 provisioning (in € mln) Stage 2 provisioning (in € mln) Stage 3 provisioning (in € mln) Total includes Corporate Line Including modifications; total includes Corporate Line 84 389 52 361 19 26 31 81 19 297 15 15 143 7 18 33 44 216 17 19 17 1 215 22
Slide 30: Well-diversified lending credit outstandings by activity
Well-diversified lending credit outstandings1) by activity ING Group Retail Banking Wholesale Banking 7% 6% 13% 24% 34% 18% 3% 20% €867 bln €571 bln €571 bln €296 bln 12% 10% 5% 26% 57% 66% 67% 8% 18% 5% Retail Banking Residential mortgages Mortgages Netherlands Lending Wholesale Banking Consumer le
Slide 31: Wholesale Banking lending credit outstandings
Wholesale Banking lending credit outstandings1) Diversification across geographies Diversification across sectors 1% 9% Netherlands 3% 8% Real Estate, Infra & Construction 15% BeLux Commodities, Food & Agri 10% 12% 2% Germany 32% TMT & Healthcare Spain, Italy, Poland, Romania Transportation & Logist
Slide 32: Important legal information
Important legal information ING Group’s financial statements are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting principl