Wealth Solutions

Product/ Service Model	Key Market Segments/ Product Lines	Primary Defined Contribution Plan Tax Code	Core Products
Full Service Plans	Small-Mid Corporate K-12 Education   Higher Education   Healthcare & Other Non-Profits   Government (local and state)	401(k) 403(b)   403(b)   403(b)   457	Voya MAP Select, Voya Framework Voya Custom Choice II, Voya Retirement Choice II, Voya Framework Voya Retirement Choice II, Voya Retirement Plus II, Voya Framework Voya Retirement Choice II, Voya Retirement Plus II, Voya Framework RetireFlex-SA, RetireFlex-MF, Voya Health Reserve Account, Voya Framework
Recordkeeping Business	Small-Mid Corporate Large Corporate Government (local and state)	401(k) 401(k) 457
Stable Value/Other	Stable Value (Sold across all market segments with a strong focus on Large Corporate)	401(k) 403(b) 457	Separate Account and Synthetic GICs

* Offerings include administration services and investment options such as mutual funds, commingled trusts and separate accounts.

Distribution:

• Unaffiliated distribution:

• Independent Sales Agents: We work with sales agents who primarily sell fixed annuity products in the education market

• Brokers and Advisors: Wirehouse and independent regional and local brokers, specialty retirement plan advisors plus registered investment advisors (as of December 31, 2020) are the primary distributors of our small-mid corporate market products (full service and recordkeeping only), but they also distribute products to the education, healthcare and government markets

• Third-party administrators (TPAs): TPAs are selling and/or service partners for our small-mid corporate markets and select tax exempt market plans, working with a variety of vendors.

• Affiliated distribution:

• VFA: Our owned broker-dealer and investment advisor is one of the top 20 independent broker-dealers in the United States as determined by the total number of licensed and producing representatives, by gross revenue and by total assets. Pursuant to the Financial Planning Channel Sale described above, we expect to transfer approximately 900 of VFA's independent financial professionals serving retail customers to Cetera, while retaining approximately 600 field and phonebased financial professionals who support our Retirement Business

• Wholesale Field Force: Locally based employee wholesalers focus on expanding and strengthening relationships with unaffiliated distribution partners and third party administrators who sell and service our institutional plan offerings to employers across the nation.

• Dedicated Voya Sales Teams: Our employee sales teams work with more than 90 different pension/specialty consulting firms that represent employers in corporate and tax-exempt markets seeking large-mega institutional plans and/or stable value solutions. Additionally, we have salaried phone-based sales teams that focus on supporting our institutional plan participants across all markets.

• Rankings:

  • #4 in Plans²

  • #5 in Participants²

  • #6 in Total Assets²

  • Nearly 52,000 DC Plans¹

  • Nearly 6.3Mn Participant Accounts¹

Sources:

1. As of June 30, 2022. See 2Q’22 Investor Supplement for more details on assets.
2. Rankings based on Pensions and Investments DC Recordkeeper Survey of participating companies self-reported data as of September 30, 2021, published April 2022.

Retail Wealth Management:

Our Retail Wealth Management channel offers simple, easy-to-understand products, along with holistic advice and guidance delivered through affiliated brokers and by online capabilities. Our current investment solutions include advisory programs, mutual fund custodial IRAs, fixed annuities and brokerage accounts.

Distribution:

Retail Wealth Management products are primarily sold through representatives affiliated with our Voya Financial Partners broker dealer. The affiliated representatives are grouped into two primary categories: affiliated field-based representatives and home office phone-based representatives.

* Offerings include administration services and investment options such as mutual funds, commingled trusts, and separate accounts.