The Annual General Meeting (AGM) of ING Groep N.V. declared a total dividend for 2016 of EUR 0.66 per ordinary share. Taking into account the interim cash dividend of EUR 0.24 paid in August 2016, the final dividend amounts to EUR 0.42 per share, to be paid fully in cash. The record date for the final dividend 2016 entitlement is 11 May 2017. The final dividend will be made payable on 18 May 2017. For holders of American Depositary Receipts (ADR), the final dividend will be made payable on 25 May 2017.

The AGM appointed Koos Timmermans and Steven van Rijswijk as members to the Executive Board of ING. Steven van Rijswijk will succeed Wilfred Nagel who continues as a member of the Executive Board and chief risk officer until 1 August 2017. Steven van Rijswijk will become chief risk officer as per that date. The AGM appointed Jan Peter Balkenende, Margarete Haase and Hans Wijers as members of the Supervisory Board. After the AGM, the Supervisory Board of ING consists of: Jeroen van der Veer, Chairman, Margarete Haase, Jan Peter Balkenende, Hermann-Josef Lamberti, Eric Boyer de la Giroday, Robert Reibestein, Henk Breukink, Ann Sherry, Mariana Gheorghe, Hans Wijers. The appointments of Jan Peter Balkenende and Hans Wijers will become effective as per 1 September 2017. It is the intention of the Supervisory Board that Hans Wijers succeeds Jeroen van der Veer as chairman of the Supervisory Board as per the end of the 2018 AGM.