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Arts & Culture; A Unique Sellingpoint

drs Annabelle Birnie ING Art Management24 October 2012

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ING Art Management

In house specialists

• Modern and Contemporary Art

• Investment in Art

• Art Funds

• Fiscal & Legal Aspects of Collecting

• State acknowledged Valuations and Appraisals

• Insurance

Annabelle BirnieDirector Corporate Sponsoring, Art & EventsCertified Valuer Modern and Contemporary Art

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• Enjoyment• Decoration• Cultural stimulus• Education• Public Relations• Responsibility to society• A Unique Sellingpoint

ING Collection; Why?

Matthijs Röling (1943)De vier jaargetijden

1975/1976 oil on canvas

91 x 80 cm

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ING Collection: Focus

Contemporary

Paintings Prints Sculptures Photography

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Art Management activities

• ING Collection• Decoration ING Offices• Exhibitions• Art Projects• Arts & Culture sponsoring• Corporate responsibility• Symposia, conferences & events • Publication and advertising • Guided tours for clients and prospects• Charity• Art Management Services

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Decoration ING Offices

Art in the Office“What art offers is space -a certain breathing room for the spirit”

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ING Exhibitions 2011-2012

Art Space to be determined, November 2011, Seoul, Korea

Drents Museum Assen, Opening exhibition Tang November- December 2011

Museum Henriette Polak, Oktober–December 2011, The Netherlands, Zutphen

University Museum, Seoul Korea, Spring 2012

Museum of Modern Art, Autumn 2012

Sao Paulo, Brazil

More information about activities concerning the ING Collection:

www.ingartcollection.com

www.artmanagement.intranet

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Sponsorship Arts & Culture (selection)

• Rijksmuseum Amsterdam

• Moma New York

• Carré theatre

• Royal Concertgebouw Orchestra

• TEFAF; The European Fine Art Fair

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Corporate Responsiblity through Art & Culture

• Chances for Children (eBay, calender, christmas card)

• Auctions (tours, artworks)

• Jury’s and fundraisers

• Donation of 273 artworks to Drents Museum Assen

• Donation of 2500 artworks to 64 healthcare institutions in the Netherlands

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Art Symposia, conferences and events

- Artists and entrepeneurship,

- Great Expectations Art & Opportunities in the United Arab Emirates, ING House

- Social Media, ING House

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Publications and advertising

• Catalogues and books

• Calendar, art diaries

• Articles in magazines & newspapers

• Promotional movies

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Guided tours for clients and prospects

> At various Art Museums > In our own offices

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Sharing Knowledge and advise

•ING Art Management advises customers and prospects of ING on collecting art

•Art Management Services is developed in cooperation with ING Private Banking

Jonathan Lasker (1948), Real imaginary, 1994, oil on canvas, 163 x 213 cm. 

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The Art Market

• Primairy market• Starting and unknown artists• Small galleries• Local art markets

• Secundairy market• Renowned artists• Private and museum collections• Known galleries and auctionhouses

• Tertiairy market• International renowned artists• publications• International collections• International auctionhouses

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The Art Market

• Hype art market because of art investment funds

• Decreased sales value in art of 30-40% in 2009 vs. August 2008

• Worldwide turnover in Art in 2009 decreased from $42 to $30 billion

• Fast market recovery in 2010-2012

• An art work can never go bankrupt

Source: Art Market Trends 2011

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Art Investment; general remarks

• Buy countercyclical

• Spread risks

• Long term

• Expertise

• Do not buy emotional

Chávez Morado José (1909-2002)El adobera, 1980Oil on canvas, 99 x 118 cmING Mexico

Arts & Culture; A Unique Sellingpoint

• You can only be Unique if you know what others are doing

• Your branding Strategy or Company- Private Image is leading

• Arts & Culture builds bridges across cultures

• Arts & Culture make us look at the world differently

• Arts & Culture address sensitive topics

• Artists cannot be influenced by business people in the creativity process

• Arts & Culture are non- profit

• Arts & Culture connect

• Your effort makes or brakes the success

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Jan van Munster, Ich im Dialog I, 2005, Unna Germany

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Disclaimer

Certain of the statements contained in this release are statements of

future expectations and other forward-looking statements. These

expectations are based on management’s current views and

assumptions and involve known and unknown risks and uncertainties.

Actual results, performance or events may differ materially from those in such

statements due to, among other things, (i) general economic conditions, in

particular economic conditions in ING’s core markets, (ii) changes in the

availability of, and costs associated with, sources of liquidity such as interbank

funding, as well as conditions in the credit markets generally, including changes

in borrower and counterparty creditworthiness, (iii) the frequency and severity of

insured loss events, (iv) mortality and morbidity levels and trends, (v)

persistency levels, (vi) interest rate levels, (vii) currency exchange rates, (viii)

general competitive factors, (ix) changes in laws and regulations, and (x)

changes in the policies of governments and/or regulatory authorities. ING

assumes no obligation to update any forward-looking information contained in

this document.

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