ING will propose to the 2019 Annual General Meeting (AGM) on Tuesday 23 April 2019 to appoint Mike Rees and Herna Verhagen to the Supervisory Board.

Mike Rees (1956, British) is founder of Strategic Vitality Ltd., a UK based consultancy firm focused on corporate purpose, leadership challenges and advising technology start-ups and investment fund companies. Previously Mike Rees served for more than 25 years at Standard Chartered Bank in various positions including CEO Wholesale Banking. Lastly he served as deputy CEO of Standard Chartered Bank from 2014-2016.

Herna Verhagen (1966, Dutch) is CEO of PostNL, the listed Dutch mail and logistics service provider. Previously she held a number of management positions at PostNL and its predecessors including in marketing & sales and HR. In 2011 she became a management board member and in 2012 she was appointed CEO of PostNL. Herna Verhagen is a member of the Supervisory Board of Rexel S.A. and the Concertgebouw as well as board member of the Confederation of Netherlands Industry and Employers (VNO-NCW).

Upon decision by the AGM, the appointment of Mike Rees will be effective as of the end of the AGM on 23 April 2019 and of Herna Verhagen as per 1 October 2019. The proposed appointments to the Supervisory Board of Mike Rees and Herna Verhagen have been approved by the European Central Bank.

It will also be proposed to the AGM to reappoint Mariana Gheorghe for a next term of four years as member of the Supervisory Board. Henk Breukink will retire from the Supervisory Board at the end of the AGM 2019, having completed his third four year term since his first appointment in 2007.

The full details of all proposals are included in the proxy materials for ING's 2019 AGM to be held on 23 April 2019 in Amsterdam. The proxy materials, including the agenda for the AGM, will be available as of 12 March 2019 at www.ing.com/agm