ING Bank N.V. Issue of. Certificactes being issued

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1 MiFID II product governance / Retail investors, professional investors and ECPs target market Solely for the purposes of the manufacturer s product approval process, the target market assessment in respect of the s has led to the conclusion that: (i) the target market for the s is eligible counterparties, professional clients and retail clients, each as defined in Directive 2014/65/EU (as amended, MiFID II ); and (ii) all channels for distribution to eligible counterparties and professional clients are appropriate; and (iii) the following channels for distribution of the s to retail clients are appropriate - investment advice, portfolio management, non-advised sales and pure execution services - subject to the distributor s suitability and appropriateness obligations under MiFID II, as applicable. Any person subsequently offering, selling or recommending the s (a distributor ) should take into consideration the manufacturer s target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the s (by either adopting or refining the manufacturer s target market assessment) and determining appropriate distribution channels, subject to the distributor s suitability and appropriateness obligations under MiFID II, as applicable. Final Terms dated 24 April 2018 ING Bank N.V. Issue of Series number of the s WKN Code ISIN Code Number of Certificactes being issued NG2B5U DENG2B5U8 2 ING Long Share Open End Turbo NG2B5V DENG2B5V6 2 ING Long Share Open End Turbo NG2B5W DENG2B5W4 2 ING Long Share Open End Turbo NG2B5X DENG2B5X2 2 ING Long Share Open End Turbo NG2B5Y DENG2B5Y0 2 ING Long Share Open End Turbo NG2B5Z DENG2B5Z7 2 ING Long Share Open End Turbo NG2B50 DENG2B507 2 ING Long Share Open End Turbo NG2B51 DENG2B515 2 ING Long Share Open End Turbo NG2B52 DENG2B523 2 ING Long Share Open End Turbo NG2B53 DENG2B531 2 ING Long Share Open End Turbo NG2B54 DENG2B549 2 ING Long Share Open End Turbo NG2B55 DENG2B556 2 ING Long Share Open End Turbo NG2B56 DENG2B564 2 ING Long Share Open End Turbo NG2B57 DENG2B572 2 ING Long Share Open End Turbo NG2B58 DENG2B580 2 ING Long Share Open End Turbo Title

2 83996 NG2B59 DENG2B598 2 ING Long Share Open End Turbo NG2B6A DENG2B6A8 2 ING Long Share Open End Turbo under the s Programme Any person making or intending to make an offer of the s may only do so: (i) (ii) in that Public Offer Jurisdiction mentioned in the Paragraph Distribution of Part B below, provided such person is of a kind that paragraph; or otherwise in circumstances in which no obligation arises for the Issuer or any Dealer to publish a prospectus pursuant to Article 3 of the Prospectus Directive or to supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer. Neither the Issuer nor any Dealer has authorised, nor do they authorise, the making of any offer of s in any other circumstances. PART A CONTRACTUAL TERMS Terms used herein shall be deemed to be defined as such for the purposes of the conditions set forth in the General and the relevant Product contained in this Base Prospectus dated 15 June 2017 as supplemented from time to time (the Prospectus ) which constitutes a base prospectus for the purposes of Directive 2003/71/EC, as amended, to the extent that such amendments have been implemented in the relevant Member State of the European Economic Area, (the Prospectus Directive ). This document constitutes the Final Terms applicable to the issue of s described herein for the purposes of Article 5.4 of the Prospectus Directive (as implemented by the Dutch Financial Supervision Act (Wet op het financieel toezicht) and its implementing regulations) and must be read in conjunction with such Prospectus. Full information on the Issuer and the offer of the s is only available on the basis of the combination of these Final Terms and the Prospectus. Copies of the Prospectus may be obtained from ING Bank N.V. at Foppingadreef 7, 1102 BD Amsterdam, The Netherlands ( info@sprinters.nl) and are available for viewing on the website

3 GENERAL DESCRIPTION OF THE CERTIFICATES 1 (a) Series number of the s: the table below (b) Whether or not the s are to be consolidated and form a single series with the s of an existing series: 2 (a) The type of s which may be Index s, Share s, Currency s, Commodity s, Fund s, Government Bond s or Index Futures s: (b) Whether such s are Best s, Limited s, Open Ended s or Fixed Leverage. Share s Best s (Marketing name: Open End Turbos) (c) Whether such s are Long s or Short s: Long s 3 Number of s being issued: the table below 4 Issue Price per : the table below 5 Trade Date: 25 April Issue Date: 27 April "as-if-and-when-issued" trading: 8 Current Financing Level on the Trade Date: the table below 9 Current Spread on the Trade Date: the table below 10 Maximum Spread: the table below 11 Current Stop Loss Premium Rate on the Trade Date: the table below 12 Maximum Premium: the table below 13 Minimum Premium: the table below 14 Stop Loss Price on the Trade Date: the table below 15 Stop Loss Price Rounding: the table below 16 Entitlement: the table below 17 Financing Level Currency: the table below 18 Settlement Currency: EUR 19 Exercise Time: 12:00 AM Central European Time 20 Cash Settlement Amount: the Share 21 Final Valuation Date:

4 22 Valuation Date(s): Annually, commencing on the date one year after the Issue Date. 23 Business Day Centre(s) for the purposes of the definition of Business Day Amsterdam

5 Series Number of the s ISIN Code DENG2B5U DENG2B5V DENG2B5W DENG2B5X DENG2B5Y 0 Number of s being issued Issue price per Current Financing Level on the Trade Date DENG2B5Z DENG2B DENG2B DENG2B DENG2B DENG2B DENG2B DENG2B DENG2B DENG2B Current Spread on the Trade Date Maximum Spread Current Stop Loss Premium Rate on the Trade Date Maximum Premium Minimum Premium Stop Loss Price on the Trade Date Stop Loss Price Roundin g Entitle ment Financing Level Currency EUR EUR EUR EUR EUR DENG2B

6 83997 DENG2B6A

7 ADDITIONAL SPECIFIC PRODUCT RELATED PROVISIONS: 24 Index Provisions 25 Share Provisions Series Number of the s ISIN Code (i) Share (ii) (iii) Exchange (iv) Exchange Traded Fund DENG2B5U8 DENG12XF DENG2B5V6 DENG12XF DENG2B5W 4 DENG12XF DENG2B5X2 DENG12XF DENG2B5Y0 DENG12XF DENG2B5Z7 DENG12XF1 Depositary receipts of shares NL ) code: INGA NA Depositary receipts of shares NL ) code: INGA NA DE ) code: DTE GY DE ) code: SIE GY DE ) code: ALV GY Preferred Shares ING Groep N.V. ING Groep N.V. Deutsche Telekom AG-REG Siemens AG Allianz SE Volkswagen AG Euronext Amsterdam by NYSE Euronext Euronext Amsterdam by NYSE Euronext (v) ional Dividend Period

8 83987 DENG2B507 DENG12XF DENG2B515 DENG12XF DENG2B523 DENG12XF DENG2B531 DENG12XF DENG2B549 DENG12XF DENG2B556 DENG12XF DENG2B564 DENG12XF1 DE ) code: VOW3 GY DECBK1001 ) code: CBK GY DE ) code: SAP GY DE5193) code: BMW GY DE ) code: LHA GY DE ) code: LHA GY DETUAG ) code: TUI1 GY Commerzbank AG SAP SE Bayerische Motoren Werke AG Deutsche Lufthansa AG Deutsche Lufthansa AG TUI AG RWE AG

9 83994 DENG2B572 DENG12XF DENG2B580 DENG12XF DENG2B598 DENG12XF DENG2B6A8 DENG12XF1 DE ) code: RWE GR DE5148) code: DBK GY DE5148) code: DBK GY DE5148) code: DBK GY DE ) code: DPW GY Deutsche Bank AG Deutsche Bank AG Deutsche Bank AG Deutsche Post AG 26 Currency Provisions 27 Commodity Provisions 28 Fund Provisions 29 Government Bond Provisions 30 Index Futures Provisions Signed on behalf of the Issuer: By:... Duly authorised

10 By:... Duly authorised

11 PART B OTHER INFORMATION 1 LISTING (i) Listing: The Freiverkehr section of the Frankfurt Stock Exchange (ii) Admission to trading: Application is expected to be made by the Issuer (or on its behalf) for the s to be admitted to trading on The Freiverkehr section of the Frankfurt Stock Exchange (iii) Estimate of total expenses related to admission to trading: EUR RATINGS Ratings: The s to be issued will not be rated 3 INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE Save for any fees payable to the Dealers, so far as the Issuer is aware, no person involved in the offer of the s has an interest material to the offer. The Dealers and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business. 4 REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES (i) Reasons for the offer See Use of Proceeds wording in Base Prospectus (ii) Estimated total expenses The terms of the Public Offer do not provide for any expenses and/or taxes to be charged to any purchaser of the s 5 INFORMATION CONCERNING THE UNDERLYING Underlying Deutsche Post AG Bayerische Motoren Werke AG Information on the underlying can be obtained on source of information. The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: DPW GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: BMW GY

12 Commerzbank AG SAP SE TUI AG Volkswagen AG Deutsche Telekom AG-REG Siemens AG Deutsche Bank AG The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: CBK GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: SAP GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: TUI1 GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: VOW3 GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: DTE GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: SIE GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: DBK GY

13 Deutsche Lufthansa AG ING Groep N.V. Allianz SE RWE AG The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: LHA GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: INGA NA The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: ALV GY The return on the s is linked to the performance of the throughout the life of the s. Fluctuations in the price of the Share will affect the value of the s. its volatility can be obtained from Bloomberg code: RWE GR 5 POST-ISSUANCE INFORMATION Post-issuance information will be made available on the website of the Issuer or any succesor website. There is no assurance that the Issuer will continue to provide such information for the life of the s. 6 OPERATIONAL INFORMATION ISIN Code (ii) Common Code (iii) Other relevant code DENG2B5U8 NG2B5U DENG2B5V6 NG2B5V DENG2B5W4 NG2B5W DENG2B5X2 NG2B5X DENG2B5Y0 NG2B5Y DENG2B5Z7 NG2B5Z DENG2B507 NG2B50 DENG2B515 NG2B51 DENG2B523 NG2B52 DENG2B531 NG2B53

14 DENG2B549 NG2B54 DENG2B556 NG2B55 DENG2B564 NG2B56 DENG2B572 NG2B57 DENG2B580 NG2B58 DENG2B598 NG2B59 DENG2B6A8 NG2B6A (iv) Name of the Principal Agent BNP Paribas Securities Services S.C.A. 7 DISTRIBUTION (iv) Details of any clearing system other than Euroclear Netherlands: Clearstream Banking AG, Eschbom (a) details of the appropriate clearing code/number: (b) further details regarding the form of s German s (ii) Non-exempt offer: An offer of s may be made by the Issuer other than pursuant to Article 3(2) of the Prospectus Directive in Germany (the Public Offer Jurisdiction ). (iii) Prohibition of Sales to EEA Retail Investors: 8 GENERAL to which the offer is subject: There is no subscription period and the offer of s is not subject to any conditions imposed by the Issuer.

15 ANNEX ISSUE SPECIFIC SUMMARY OF THE CERTIFICATES AND THE KEY INFORMATION DOCUMENT ARE AVAILABLE ON THE WEBITE OF THE ISSUER

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