OREANDA-NEWS. ING Group will propose to the 2015 Annual General Meeting of Shareholders the appointment of KPMG Accountants N.V. as its auditor. Under Dutch legislation, ING is required to change its auditor as of January 2016. The nomination of KPMG is the result of a thorough tender process overseen by the Audit Committee of the Supervisory Board, as reported in the 2013 Annual Report and in accordance with the ING Group Policy on Auditors Independence.

If the AGM appoints KPMG, KPMG will perform the audit of ING Group starting with the financial year ending 31 December 2016. The audit of the 2015 annual accounts will be performed by Ernst & Young Accountants LLP (EY), ING's current auditor. EY was appointed as ING Group's sole auditor at the 2008 AGM and reappointed in 2012 and 2013.

ING appreciates the service that EY has provided over the years and wants to thank EY for their contribution.