Exhibit 99.1
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Voya Financial Announces First-Quarter 2018 Results

First-quarter 2018 net income available to common shareholders of $2.50 per diluted share
First-quarter 2018 adjusted operating earnings1 of $0.77 per diluted share, after-tax, reflecting:
$(0.31) per diluted share, after-tax, of unfavorable deferred acquisition costs and value of business acquired (“DAC/VOBA”) and other intangibles unlocking, and
$0.05 per diluted share, after-tax and DAC/VOBA, of prepayment fees and alternative investment income above the company’s long-term expectations.
Business segment highlights:
Retirement total deposits of $4.5 billion; full-service Corporate market net flows of $271 million; adjusted operating earnings of $109 million
Investment Management sourced net flows of $56 million; adjusted operating margin excluding investment capital results1 of 28.6%
Employee Benefits in-force premium growth driven by Group Life and Voluntary; loss ratios of 79.3% for Group Life, 80.2% for Stop Loss
Total assets under management and administration of $541 billion
Adjusted debt-to-capital ratio, excluding accumulated other comprehensive income (AOCI), of 28.1%1 
Estimated combined risk-based capital ratio of 463%2 
Excess capital of $548 million2 

NEW YORK, May 1, 2018 — Voya Financial, Inc. (NYSE: VOYA) announced today first-quarter 2018 net income available to common shareholders of $446 million, or $2.50 per diluted share, compared with a first-quarter 2017 net loss available to common shareholders of $143 million, or $0.74 per diluted share. The improvement largely reflects a first-quarter 2018 $449 million after-tax favorable adjustment to the estimated loss on the company's previously announced transaction to sell the majority of its variable and fixed annuities business. Voya is required to remeasure the estimated fair value and loss on sale at the end of each quarter until closing.

First quarter 2018 adjusted operating earnings1 were $137 million, or $0.77 per diluted share, after-tax, up from $99 million, or $0.51 per diluted share, after-tax, in the first quarter of 2017. The increase was largely driven by higher fee-based margins in Retirement and Investment Management and a higher underwriting gain in Employee Benefits. This was partially offset by higher negative DAC/VOBA and other intangibles unlocking driven by unfavorable mortality experience on interest-sensitive products in Individual Life and changes in guaranteed minimum interest rate ("GMIR") provisions for certain retirement plan contracts. While the adjustments in GMIR provisions create negative DAC/VOBA and other intangibles unlocking, these changes

1

The following information was filed by Voya Financial, Inc. (VOYA) on Tuesday, May 1, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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