Uniquely Positioned to Capitalize on Market Opportunities

High Free Cash Flow Generating, High Return, Capital Light Businesses

We are focused on our high growth, high return, capital light businesses as part of our journey to become America’s Retirement Company:

  • Wealth Solutions: We are a Top 5 Player by AUM, plans, and participants
  • Investment Management: Top performing fixed income and specialty asset manager
  • Health Solution: Focused Group Benefits provider with top 5/10 positions in Stop Loss and Voluntary
  • Together we serve 14 million customers with over 225,000 points of distribution and $707 billion AUM / AUA

Disciplined and Opportunistic Capital Management

  1. Does not include approximately $35 million of capital deployed in Investment Management, largely to help further our growth plans within the private and alternative space. We expect to deploy approximately $60 million of additional capital over the remainder of 2022.
  2. Excess Capital is defined as statutory Total Adjusted Capital in excess of 375% RBC level, net of any outstanding loans; and Holding Co. Working Capital Above $200 million Target. Holding company liquidity includes cash, cash equivalents, and short term investments; holding company is defined as Voya Financial Inc. and Voya Holdings Inc.
  3. As of March 31, 2022, the Company had $21 million remaining under its prior share repurchase authorization which reflects the entire $275 million ASR entered into in late 1Q’22. Total existing share repurchase authorization is $521 million.
  4. Estimated combined adjusted RBC ratio primarily for our principal U.S. insurance subsidiaries, net of any outstanding loans. Subject to change based on our final Statutory financial statements that will be available at the end of May.
  5. Financial leverage ratio eliminates equity credit for hybrids and preferreds and includes AOCI and non-controlling interest; see page 12 of the first quarter investor supplement for further details.

Voya Cares and ESG

  • Voya Financial is intentionally a different kind of company — from our culture to our commitment to help all Americans achieve a secure financial future. We are committed to doing the right thing — for our employees, our clients, our communities and the environment.
  • Our commitment to Corporate Responsibility and ESG is woven into throughout our enterprise and guides our decision making process. We believe this provides us with a competitive advantage to peers, advances long-term corporate sustainability, and is ultimately the right thing to do that helps shape the character and culture of Voya
  • Highlight the following:
    • Voya Cares: We support our community investment work through grants and employee matching gifts programs. We also positively impact the community through charitable sponsorships, employee volunteerism and executive board placement programs.
    • ESG: We take a top-down and bottoms-up approach to ESG at Voya as we believe achieving high ESG alignment and standards within and across our organization as helping to drive a competitive advantage, long-term corporate sustainability and differentiation from peers. We encourage you to learn more here