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Voya Financial announces adjustment to exercise price of warrants issued pursuant to the warrant agreement, dated May 7, 2013

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On March 30, 2022, Voya Financial (NYSE: VOYA) paid a quarterly dividend of $0.20 per share on its common stock. This resulted in adjustments to the exercise price of its Warrants from $47.48 to $47.36, effective as of the payment date. Each Warrant is now exercisable for approximately 1.0294 shares of Common Stock. Voya Financial serves 14.3 million clients and reported $4.2 billion in revenue for 2021, with total assets under management at $739 billion as of December 31, 2021.

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NEW YORK--(BUSINESS WIRE)-- On March 30, 2022, Voya Financial, Inc. (NYSE: VOYA) paid a quarterly dividend of $0.20 per share on its common stock, par value $0.01 per share (“Common Stock”). As a consequence, the exercise price of the Warrants to purchase shares of Common Stock (the “Warrants”), issued pursuant to the Warrant Agreement dated May 7, 2013 (the “Warrant Agreement”), has been adjusted, in accordance with Section 6.01 of the Warrant Agreement, from $47.48 to $47.36 per share of Common Stock for which a Warrant is exercisable. In accordance with Section 6.02 of the Warrant Agreement, the number of shares of Common Stock for which each Warrant is exercisable has been adjusted to 1.029433144. The foregoing adjustments are each effective as of March 30, 2022.

About Voya Financial®

Voya Financial, Inc. (NYSE: VOYA), is a leading health, wealth and investment company that provides products, solutions and technologies that help Americans become well planned, well invested and well protected. Serving the needs of 14.3 million individual, workplace and institutional clients, Voya is a Fortune 500 company that had $4.2 billion in revenue in 2021 and $739 billion in total assets under management and administration as of Dec. 31, 2021. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is purpose-driven and is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has earned recognition as: one of the World’s Most Ethical Companies® by the Ethisphere Institute; a member of the Bloomberg Gender-Equality Index; and a “Best Place to Work for Disability Inclusion” on the Disability Equality Index. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

VOYA-IR VOYA-CF

Media Contact:

Christopher Breslin

(212) 309-8941

Christopher.Breslin@voya.com

Investor Contact:

Michael Katz

(212) 309-8999

IR@voya.com

Source: Voya Financial, Inc.

FAQ

What was Voya Financial's quarterly dividend amount in March 2022?

Voya Financial paid a quarterly dividend of $0.20 per share on March 30, 2022.

How did the quarterly dividend affect Voya's Warrants?

The exercise price of the Warrants was adjusted from $47.48 to $47.36 per share.

What is the new number of shares for each Warrant after the adjustment?

Each Warrant is now exercisable for approximately 1.0294 shares of Common Stock.

What revenue did Voya Financial report for 2021?

Voya Financial reported $4.2 billion in revenue for the year 2021.

What were Voya Financial's total assets under management as of December 31, 2021?

As of December 31, 2021, Voya Financial's total assets under management were $739 billion.

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