ING 1Q2023 Financial Targets Update

1Q2023 provisioning per Stage Stage 1 provisioning (in € mln) Stage 2 provisioning (in € mln) Stage 3 provisioning (in € mln) 844 56 40 18 34 13 837 25 37 27 9 -21 -12 -33 407 318 240 230 177 197 47 154 43 32 -5 97 40 161 7 -78 -51 -117 -194 101 -46 167 -8 -77 141 155 -202 53 70 1Q2022 202022 3Q2022 4Q2022 1Q2023 Wholesale Banking Retail Banking Main drivers Main drivers Release related to the update of macro- economic indicators 1Q2022 202022 3Q2022 4Q2022 1Q2023 Wholesale Banking Retail Banking Release for our Russia-related portfolio, mainly reflecting lower Russia-related exposure 1Q2022 202022 3Q2022 4Q2022 1Q2023 Wholesale Banking Retail Banking Main drivers Model adjustments and collective Stage 3 provisions, primarily for consumer loans, in Retail Banking Note: provisioning as shown per Stage excludes off-balance sheet provisioning and modifications 23

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