8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

November 6, 2013

ING U.S., INC.

(Exact name of registrant as specified in its charter)

Delaware	001-35897	No. 52-1222820
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

230 Park Avenue New York, New York	10169
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (212) 309-8200

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On November 6, 2013, ING U.S., Inc. (“ING U.S.”) reported its financial results for the third quarter of 2013. A copy of the press release containing this information is furnished as Exhibit 99.1 hereto and is incorporated by reference in this Item 2.02.

As previously announced, ING U.S. will host a conference call on Wednesday, November 6, 2013 at 10:00 am ET to discuss its third quarter 2013 results. The call can be accessed via ING U.S.’s investor relations website at http://investors.ing.us. The call will be accompanied by a slide presentation, which will be accessible via ING U.S.’s investor relations website at http://investors.ing.us beginning at 9:30 am ET on Wednesday, November 6, 2013. In addition, more detailed financial information can be found in ING U.S.’s Quarterly Investor Supplement for September 30, 2013, available on ING U.S.’s investor relations website at http://investors.ing.us. The Quarterly Investor Supplement for September 30, 2013 is furnished herewith as Exhibit 99.2 and is incorporated by reference in this Item 2.02.

As provided in General Instruction B.2 of Form 8-K, the information and exhibits provided pursuant to this Item 2.02 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1	Press release of ING U.S., Inc., dated November 6, 2013 (furnished and not filed)
99.2	Quarterly Investor Supplement for September 30, 2013 (furnished and not filed)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ING U.S., Inc. (Registrant)
By:	/s/ HARRIS OLINER
	Name:	Harris Oliner
	Title:	Senior Vice President and Corporate Secretary

Dated: November 6, 2013

EX-99.1

Exhibit 99.1

CORPORATE COMMUNICATIONS

PRESS RELEASE

ING U.S. Announces Third Quarter 2013 Results

NEW YORK, November 6, 2013 – ING U.S., Inc. (NYSE: VOYA), which plans to rebrand in the future as Voya Financial, today reported financial results for the third quarter of 2013:

• After-tax operating earnings^1,2 of $283 million, or $1.08 per diluted share, compared with $176 million, or $0.76 per share in 3Q’12

• Net income available to common shareholders of $347 million, or $1.32 per diluted share, compared with $367 million, or $1.59 per share in 3Q’12

Net income available to common shareholders includes a $109 million after-tax loss, including after-tax income of $3 million related to nonperformance risk, in the Closed Block Variable Annuity (CBVA) segment. The CBVA loss reflects the CBVA hedging program’s focus on protecting regulatory and rating agency capital from market movements, rather than minimizing GAAP earnings volatility. As a result, under the current CBVA hedging program, CBVA typically will be expected to experience a loss when the equity market appreciates and a gain when the equity market depreciates. CBVA results for the quarter also reflect the impact of the annual review of assumptions.

ONGOING BUSINESS RESULTS

ING U.S.’s Ongoing Business includes the Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits segments. The Corporate, CBVA, Closed Block Institutional Spread Products, and Closed Block Other segments are not reflected in Ongoing Business results.

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Ongoing Business operating earnings	$	484	$	306
Net gain from Lehman Recovery/LIHTC (net of DAC/VOBA and other intangibles)		78		—
DAC/VOBA and other intangibles unlocking		100		6
Portfolio restructuring		—		5
Ongoing Business adjusted operating earnings	$	307	$	296

¹  ING U.S. assumes a 35% tax rate on items described as “after-tax.” Net income (loss) available to common shareholders reflects the actual effective tax rate.

²  Operating earnings is a non-GAAP financial measure; information regarding the non-GAAP financial measures included in this press release, and a reconciliation of them to GAAP measures, is provided in the tables that accompany this release and the Quarterly Investor Supplement.

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Ongoing Business operating earnings before income taxes were $484 million, compared with $306 million in 3Q’12. The following items primarily account for this increase:

• A $78 million net gain (net of DAC/VOBA and other intangibles) in the third quarter of 2013. This represents a gain associated with a Lehman Brothers bankruptcy settlement (“Lehman Recovery”), which was partially offset by losses recognized as a result of marking low income housing tax credit partnerships (“LIHTC”) to the sales price associated with their pending disposition.

• Higher DAC/VOBA and other intangibles unlocking in the third quarter of 2013. The $100 million in DAC/VOBA and other intangibles unlocking recognized in 3Q’13 consists of $85 million associated with the company’s annual review of assumptions and $15 million in other unlocking.

Ongoing Business adjusted operating earnings before income taxes were $307 million, compared with $296 million in 3Q’12. The following items primarily account for this increase:

• Increased fee based margin ($34 million positive variance) on higher assets due to positive net flows and market appreciation;

• Lower investment spread and other investment income ($23 million negative variance), driven primarily by lower investment income, partly offset by adjusted crediting rates;

• Lower underwriting income ($15 million negative variance) in Individual Life and Employee Benefits;

• Lower DAC/VOBA and other intangibles amortization ($12 million positive variance); and

• Lower administrative expenses ($6 million positive variance) driven primarily by the right-sizing of the Individual Life business.

Annualized Ongoing Business adjusted operating return on equity (ROE)³ was 9.9% for the first nine months of 2013, compared with 8.3% for FY’12.

“During the third quarter, we continued to deliver on our plan to increase the value we provide for our shareholders,” said Rodney O. Martin, Jr., Chairman and Chief Executive Officer, ING U.S. “At 9.9%, our annualized Ongoing Business adjusted operating ROE represents a significant improvement from just a few quarters ago. We remain committed to delivering on our goal of improving our Ongoing Business adjusted operating ROE, on average, by 110 basis points a year to achieve our target of 12-13% by 2016.

“Supporting our plan to improve returns this quarter were solid results across our businesses. Total assets under management and administration grew to $494 billion, driven in part by positive net flows in both our Retirement and Investment Management businesses. In Retirement, we continued to price new business at or above our targeted rates of return and achieved a number of renewals and new mandates during the quarter. In addition, we grew sales of our Employee Benefits’ voluntary products while – consistent with our plan to sell less capital intensive products – sales of Individual Life products were lower.

³  The calculation of the Ongoing Business adjusted operating ROE is provided in the tables that accompany this release.

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“As we continue to execute on improving the financial results of our Ongoing Business, we are maintaining an active hedging program to protect regulatory and rating agency capital backing our Closed Block Variable Annuity business. With our leading market positions and our diverse businesses, we are well positioned to continue helping Americans with their retirement readiness needs,” added Martin.

THIRD QUARTER 2013 HIGHLIGHTS

• Annualized Ongoing Business adjusted operating return on capital (ROC)⁴ of 8.3% for the nine months ended September 30, 2013, compared with 7.2% for full year 2012

• Retirement Solutions and Investment Management accounted for 74% of Ongoing Business adjusted operating earnings before income taxes for the nine months ended September 30, 2013

• Retirement net flows of $234 million, driven by strong flows in Stable Value

• Investment Management operating margin of 26.0% excluding investment capital results; net flows of $1.6 billion, excluding sub-advisor replacements and VA outflows, driven by an increase in Investment Management Sourced net flows and Affiliate Sourced net flows, which included a $1 billion large case win

• Individual Life sales were $23 million, reflecting a shift to less capital-intensive products

• Employee Benefits loss ratios of 72.8% for Stop Loss and 82.1% for Group Life

• Total assets under management (AUM) of $267 billion and total assets under management and administration of $494 billion

• Combined estimated risk-based capital (RBC) ratio of 470%⁵, above the company’s target of 425%

• Debt-to-capital ratio excluding accumulated other comprehensive income (AOCI) of 24.5%

• Book value per share (excluding AOCI) of $41.49

⁴  The calculation of Ongoing Business adjusted operating return on capital is provided in the tables that accompany this release.

⁵  Estimated combined RBC ratio for our U.S. insurance subsidiaries.

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THIRD QUARTER 2013 SUMMARY

	Three months ended September 30,
($ in millions, except per share amounts)	2013			2012			Change
Operating earnings before income taxes by segment
Retirement	$	187.3		$	145.4			28.8	%
Annuities		96.8			32.6			NM
Investment Management		54.0			39.1			38.2
Individual Life		117.0			53.2			NM
Employee Benefits		29.1			36.1			(19.3	)
Ongoing Business	$	484.2		$	306.4			58.1
Corporate		(63.7	)		(57.6	)		NM
Closed Block Institutional Spread Products and Other		14.5			21.8			(33.5	)
Total operating earnings before income taxes	$	435.0		$	270.6			60.8
Total operating earnings, after-tax*	$	282.8		$	175.9			60.8
Closed Block Variable Annuity, after-tax*		(108.8	)		0.5			NM
Net investment gains (losses), after-tax*		41.7			135.1			(69.1	)
Other, after-tax**		92.8			(61.4	)		NM
Difference between actual tax (expense) benefit compared to assumed 35% tax rate		139.3			136.7			1.9
Net income (loss)	$	447.7		$	386.8			15.7
Less: net income (loss) attributable to noncontrolling interest		101.1			20.3			NM
Net income (loss) available to common shareholders	$	346.6		$	366.5			(5.4	)
Operating earnings per diluted share	$	1.08		$	0.76			41.0
Net income (loss) per diluted share	$	1.32		$	1.59			(17.2	)
Fully diluted weighted average shares outstanding (in millions)		262.3			230.0

* Assumes 35% tax rate.

** Other, after-tax consists of net guaranteed benefit hedging gains (losses) and related charges and adjustments; income (loss) from business exited; certain expenses related to the divestment of ING U.S. by ING Group, and net income (loss) attributable to noncontrolling interest.

NM = Not Meaningful

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BUSINESS SEGMENT DISCUSSIONS

The following discussions compare the third quarters of 2013 and 2012 unless otherwise noted. All figures are presented before income taxes.

RETIREMENT – HIGHER FEE INCOME DUE TO GROWTH IN ASSETS UNDER MANAGEMENT

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Operating earnings	$	187	$	145
Net gain from Lehman Recovery/LIHTC (net of DAC/VOBA and other intangibles)		13		—
DAC/VOBA and other intangibles unlocking		40		16
Portfolio restructuring		—		(1	)
Adjusted operating earnings	$	135	$	131

Retirement adjusted operating earnings were $135 million, compared with $131 million. The following items primarily account for this increase:

• Higher fee-based margin ($13 million positive variance) on higher variable assets partially offset by reduced recordkeeping revenue;

• Lower investment spread and other investment income ($10 million negative variance) as the yield on the investment portfolio declined, partially offset by reduced crediting rates;

• Lower DAC/VOBA and other intangibles amortization ($6 million positive variance) as a result of a reduced amortization rate due to higher expected future profitability; and

• Higher administrative expenses ($5 million negative variance) due to increased general expenses.

Retirement net flows were $234 million, compared with $508 million. Net flows vary in size and timing, sometimes substantially, from one quarter to the next. Retirement AUM totaled $100 billion as of September 30, 2013, up from $88 billion as of September 30, 2012 and up from $96 billion as of June 30, 2013.

ANNUITIES – GROWTH IN MUTUAL FUND CUSTODIAL ASSETS DROVE HIGHER FEE INCOME

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Operating earnings	$	97	$	33
Net gain from Lehman Recovery/LIHTC (net of DAC/VOBA and other intangibles)		13		—
DAC/VOBA and other intangibles unlocking		40		(13	)
Portfolio restructuring		—		(0	)
Adjusted operating earnings	$	45	$	46

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Annuities adjusted operating earnings were $45 million, compared with $46 million. The following items primarily account for this decrease:

• Higher DAC/VOBA and other intangibles amortization ($7 million negative variance) due to higher pre-DAC profits and a slightly higher amortization rate;

• Higher fee-based margin ($3 million positive variance) on higher mutual fund custodial assets;

• Higher investment spread and other investment income ($2 million positive variance) as credited interest declined due to the continuing run-off of Multi Year Guarantee Annuities (“MYGAs”) at a faster pace than investment income; and

• Lower administrative expenses ($1 million positive variance).

Net outflows were $261 million, as lapses on existing fixed rate annuity in-force policies, especially older products with high fixed rate crediting levels such as MYGAs, exceeded new sales.

AUM for the Annuities segment totaled $26 billion as of September 30, 2013, unchanged from June 30, 2013 and September 30, 2012. Included in AUM for Annuities is AUM for the company’s mutual fund custodial product (Select Advantage), which increased to $3.1 billion as of September 30, 2013, up from $2.8 billion as of June 30, 2013 and $2.3 billion as of September 30, 2012.

INVESTMENT MANAGEMENT – HIGHER FEE BASED MARGIN DRIVEN BY HIGHER AUM

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Operating earnings	$	54	$	39
Gain from Lehman Recovery		12		—
Portfolio restructuring		—		—
Adjusted operating earnings	$	43	$	39

Investment Management adjusted operating earnings were $43 million, compared with $39 million. The following items primarily account for the increase:

• Higher fee-based margin ($18 million positive variance) driven primarily by growth in AUM from strong net flows and equity market appreciation;

• Lower investment capital and other investment income ($11 million negative variance) due to the prior year having favorable investment capital results; and

• Higher administrative expenses ($3 million negative variance) driven by incremental expenses and higher sales commissions due to volume growth.

The operating margin was 33.7%, compared with 27.5% a year ago and 27.6% in the second quarter of 2013. The increase in operating margin compared with the prior year period reflects the benefit of higher fees. Operating margin excluding investment capital results was 26.0%, compared with 17.8% a year ago and 24.6% in the second quarter of 2013.

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Third-party⁶ inflows were $6.6 billion, compared with $6.2 billion in the third quarter of 2012 and $7.3 billion in the second quarter of 2013. Third-party net flows were $1.8 billion, compared with $2.5 billion in the third quarter of 2012 and $3.1 billion in the second quarter of 2013. Third quarter 2013 inflows and net flows included $1.0 billion in Affiliate Sourced assets from a large case win. In addition, sub-advisor replacement net flows (performance-driven replacement of non-ING U.S. mutual fund sub-advisors) were $870 million, compared with $2.4 billion in the third quarter of 2012 and $537 million in the second quarter of 2013. Third-party AUM totaled $115 billion, up from $97 billion as of September 30, 2012 and $110 billion as of June 30, 2013. Positive net flows and equity market appreciation drove the increase in AUM from June 30, 2013.

INDIVIDUAL LIFE – RIGHT-SIZING OF EXPENSE BASE AND FAVORABLE MORTALITY RESULTS LED TO IMPROVED PERFORMANCE

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Operating earnings	$	117	$	53
Net gain from Lehman Recovery/LIHTC (net of DAC/VOBA and other intangibles)		37		—
DAC/VOBA and other intangibles unlocking		20		3
Portfolio restructuring		—		5
Adjusted operating earnings	$	60	$	45

Individual Life adjusted operating earnings were $60 million, compared with $45 million. The following items primarily account for this increase:

• Lower administrative expenses ($13 million positive variance) as implemented expense reductions aligned with planned lower sales volumes;

• Lower DAC/VOBA and other intangibles amortization ($13 million positive variance) due to lower gross profits resulting from lower investment income and lower net contractual charges stemming from lower sales;

• Lower net underwriting gain and other revenue ($11 million negative variance) as favorable mortality was more than offset by lower net contractual charges as universal life sales declined and by increased reserve financing costs;

• Lower trail commissions ($4 million positive variance) on reduced sales; and

• Lower investment spread and other investment income ($3 million negative variance) as lower investment income due to portfolio restructuring activities in the second and third quarters of 2012 more than offset adjustments in crediting rates made in response to the low interest rate environment.

Sales decreased to $23 million from $64 million in the third quarter of 2012 and from $27 million in the second quarter of 2013 as a result of deliberate pricing actions and product curtailments. ING U.S. ceased sales of certain capital intensive products starting at the end of July 2012.

⁶  Excludes general account assets of ING U.S.’s insurance company subsidiaries.

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EMPLOYEE BENEFITS – DECREASED UNDERWRITING INCOME DUE TO HIGHER GROUP MORTALITY PARTIALLY OFFSET BY CONTINUED FAVORABLE RESULTS IN STOP LOSS

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Operating earnings	$	29	$	36
Net gain from Lehman Recovery/LIHTC (net of DAC/VOBA and other intangibles)		4		—
Portfolio restructuring		—		1
Adjusted operating earnings	$	25	$	36

Employee Benefits adjusted operating earnings were $25 million, compared with $36 million. The following items primarily account for this decrease:

• Lower net underwriting gain ($7 million negative variance) reflecting a decrease in underwriting income mostly from Group Life due to higher mortality;

• Increased trail commissions ($2 million negative variance) reflecting higher sales volume; and

• Lower investment spread and other investment income ($1 million negative variance) primarily due to lower investment income partially offset by crediting rate adjustments.

The loss ratio for Group Life was 82.1% compared with 77.1%; the loss ratio for Stop Loss was 72.8% compared with 70.3%. The expected range for loss ratios for both Group Life and Stop Loss is 77-80%.

Employee Benefits sales were $52 million compared with $34 million, driven by higher Stop Loss sales. Stop Loss sales for the current period are consistent with expectations given the soft pricing environment, but show a sizable increase due to the third quarter of 2012 being below historical sales trends. We continue to focus on underwriting discipline as well as improvements in sales force training related to prospect identification and information collection. Group Life sales declined reflecting continued lower activity levels as customers focus on the implementation of regulatory changes and requirements stemming from federal health care reform.

CORPORATE

Corporate reported an operating loss before income taxes of $64 million compared with a similar loss of $58 million. Higher interest expense due to the replacement of short-term debt with longer-term debt, partially offset by the elimination of letter of credit expenses as a result of the termination in May 2013 of the contingent capital letter of credit facility supporting the CBVA segment, was the principal driver of the $6 million higher loss.

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CLOSED BLOCK INSTITUTIONAL SPREAD PRODUCTS AND CLOSED BLOCK OTHER

	Three months ended September 30,
($ in millions, before income taxes)	2013		2012
Closed Block Institutional Spread Products	$	9	$	10
Closed Block Other		6		12
Operating earnings	$	15	$	22

Operating earnings before income taxes were $15 million compared with $22 million due to less favorable reserve development in the retained portion of the group reinsurance business and a reduction in investment income resulting from the continued run-off of the Closed Block Institutional Spread Products business.

The average AUM for Closed Block Institutional Spread Products decreased to $3.5 billion from $3.7 billion as of June 30, 2013 and from $4.9 billion as of September 30, 2012, reflecting the continued run-off of the block.

CLOSED BLOCK VARIABLE ANNUITY

Net loss before income taxes was $167 million, including a loss of $185 million for annual assumption changes, compared with a gain of $1 million in the third quarter of 2012, which included a loss of $152 million for annual assumption changes. The changes in the fair value of guaranteed benefit derivatives related to nonperformance risk, which the company considers a non-economic development, was a gain of $5 million versus a $359 million gain in the third quarter of 2012.

The $185 million loss due to annual assumption changes was primarily driven by a mortality adjustment of $118 million and policyholder behavior assumption adjustment of $85 million. Policyholder behavior assumption adjustments in the third quarter of 2012 were an unfavorable $115 million.

ING U.S.’s CBVA hedging program is designed primarily to protect regulatory and rating agency capital from equity market movements, rather than minimize GAAP earnings volatility. During the quarter, the hedge program resulted in a net gain to regulatory surplus as a result of the difference between the decline in reserves and the decline in hedge assets related to equity market movements. The funds within the variable annuities performed, in aggregate, better than the market, which contributed to the gain.

The retained net amount at risk for CBVA living benefit guarantees improved to $3.0 billion as of September 30, 2013 from $3.8 billion as of June 30, 2013 primarily due to favorable equity market movements.

INVESTMENT PORTFOLIO

Other-than-temporary impairments on the investment portfolio were $4.4 million in the quarter. The net unrealized gain on available-for-sale fixed securities before income taxes decreased to $3.5 billion as of September 30, 2013 from $3.9 billion as of June 30, 2013 primarily due to the increase in U.S. Treasury yields during the third quarter of 2013 impacting the valuation of corporate bonds and U.S. Treasurys.

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Supplementary Financial Information

More detailed financial information can be found in ING U.S.’s Quarterly Investor Supplement, which is available on ING U.S.’s investor relations website, investors.ing.us.

Earnings Conference Call and Slide Presentation

ING U.S. will host a conference call on Wednesday, November 6, 2013 at 10:00 a.m. ET to discuss the company’s third quarter 2013 results. The call and slide presentation can be accessed via the company’s investor relations website at investors.ing.us.

A replay of the call will be available on the company’s investor relations website at investors.ing.us starting at 1:00 p.m. ET on November 6th.

About ING U.S.

ING U.S. (NYSE: VOYA), which plans to rebrand in the future as Voya Financial, is a premier retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States. The company’s vision is to be America’s Retirement Company, and its guiding principle is centered on solving the most daunting financial challenge facing Americans today — retirement readiness. Working directly with clients and through a broad group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists, ING U.S. provides a comprehensive portfolio of asset accumulation, asset protection and asset distribution products and services. With a dedicated workforce of approximately 7,000 employees, ING U.S. is grounded in a clear mission to make a secure financial future possible — one person, one family and one institution at a time. For more information, visit http://ing.us.

Media Contact:	Investor Contact:
Christopher Breslin 212-309-8941 Christopher.Breslin@us.ing.com	Darin Arita 212-309-8999 IR@us.ing.com

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Use of Non-GAAP Financial Measures

We use operating earnings (both before and after income taxes), which consists of operating revenues minus operating benefits and expenses, to evaluate segment performance. Operating earnings does not replace net income (loss) as the measure of our consolidated results of operations. Each segment’s operating earnings before income taxes is calculated by adjusting income (loss) before income taxes for the following items:

• Net investment gains (losses), net of related amortization of DAC, VOBA, sales inducements and unearned revenue. Net investment gains (losses) include gains (losses) on the sale of securities, impairments, changes in the fair value of investments using the fair value option unrelated to the implied loan-backed security income recognition for certain mortgage-backed obligations and changes in the fair value of derivative instruments, excluding realized gains (losses) associated with swap settlements and accrued interest;

• Net guaranteed benefit hedging gains (losses), which include changes in the fair value of derivatives related to guaranteed benefits, net of related reserve increases (decreases) and net of related amortization of DAC, VOBA and sales inducements, less the estimated cost of these benefits. The estimated cost, which is reflected in operating results, reflects the expected cost of these benefits if markets perform in line with our long-term expectations and includes the cost of hedging. All other derivative and reserve changes related to guaranteed benefits are excluded from operating results, including the impacts related to changes in our nonperformance spread;

• Income (loss) related to business exited through reinsurance or divestment;

• Income (loss) attributable to noncontrolling interests;

• Income (loss) related to early extinguishment of debt;

• Impairment of goodwill, value of management contract rights and value of customer relationships acquired;

• Immediate recognition of net actuarial gains (losses) related to our pension and other post-employment benefit obligations and gains (losses) from plan amendments and curtailments; and

• Other items, including restructuring expenses (severance, lease write-offs, etc.), integration expenses related to our acquisition of CitiStreet and certain third-party expenses and deal incentives related to the anticipated divestment of ING U.S. by ING Group.

We also use adjusted operating earnings before income taxes to evaluate segment performance. This measure excludes from operating earnings the following items: (1) DAC/VOBA and other intangibles unlocking, (2) investment portfolio restructurings implemented in 2012, (3) a gain, in conjunction with a Lehman Brothers bankruptcy settlement for assets held in a partnership owned by the Company, and (4) losses recognized as a result of a decision to dispose of low income housing tax credits. DAC/VOBA and other intangibles unlocking can be volatile, so excluding the effect of this can improve period to period comparability. The investment portfolio restructurings in 2012 reduced the run-rate level of investment income, and we believe that this reduction is not reflective of the performance of our Ongoing Business. Similarly, the gain from the Lehman Brothers bankruptcy settlement and loss from the pending disposition of low-income housing tax credits affected the run-rate level of investment income in 3Q’13 and we believe that this effect is not reflective of the performance of our Ongoing Business.

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We focus on Ongoing Business operating earnings before income taxes (both adjusted and unadjusted as described above) because this shows business performance for our Ongoing Business segments and excludes the volatility seen in our Closed Block segments.

We focus on Ongoing Business adjusted operating ROE and adjusted operating ROC as key financial metrics for our stakeholders because these metrics indicate how effectively we use capital resources allocated to our Ongoing Business.

In our Investment Management business we also focus on the operating margin excluding Investment Capital results. The results from Investment Capital can be volatile, so excluding the effect of this can improve period to period comparability.

In addition to book value per share including AOCI, we focus on book value per share excluding AOCI. Included in AOCI are investment portfolio unrealized gains or losses. In the ordinary course of business we do not plan to sell most investments for the sole purpose of realizing gains or losses, so book value per share excluding AOCI provides a metric consistent with that view.

Our CBVA segment is managed to focus on protecting regulatory and rating agency capital rather than GAAP earnings and, therefore, its results of operations are not reflected within operating earnings before income taxes. When we present the adjustments to Income (loss) before income taxes on a consolidated basis, each adjustment excludes the relative portions attributable to our CBVA segment.

The most directly comparable GAAP measure to operating earnings (both before and after income taxes), adjusted operating earnings before income taxes, Ongoing Business operating earnings before income taxes and Ongoing Business adjusted operating earnings before income taxes, is income (loss) before income taxes. For a reconciliation of each of these non-GAAP measures, see the tables that accompany this release, as well as our Quarterly Investor Supplement.

We also analyze our Ongoing Business performance based on the sources of earnings. We believe this supplemental information is useful in order to gain a better understanding of our financial performance because it provides insight into the main drivers of operating earnings (loss) before income taxes of our Ongoing Business. The sources of earnings are defined as follows:

• Investment spread and other investment income consists of net investment income and net realized investment gains (losses) associated with swap settlements and accrued interest, less interest credited to policyholder reserves.

• Fee based margin consists primarily of fees earned on AUM, AUA, and transaction based recordkeeping fees.

• Net underwriting gain (loss) and other revenue contains the difference between fees charged for insurance risks and incurred benefits, including mortality, morbidity, and surrender results, contractual charges for universal life and annuity contracts, the change in the unearned revenue reserve for universal life contracts, and that portion of traditional life insurance

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premiums intended to cover expenses and profits. Certain contract charges for universal life insurance are not recognized in income immediately, but are deferred as unearned revenues and are amortized into income in a manner similar to the amortization of DAC.

• Administrative expenses are general expenses, net of amounts capitalized as acquisition expenses and exclude commission expenses and fees on letters of credit.

• Trail commissions are commissions paid that are not deferred and thus recorded directly to expense.

• For a detail explanation of DAC/VOBA and other intangibles amortization/unlocking see “Unlocking of DAC/VOBA and other Contract Owner/Policyholder Intangibles” in our SEC filings.

More details on these sources of earnings can be found in ING U.S.’s Quarterly Investor Supplement, which is available on ING U.S.’s investor relations website, investors.ing.us.

ING U.S.

Calculation and Reconciliation of Return on Equity and Return on Capital

($ in millions, unless otherwise indicated)	Nine Months Ended September 30, 2013			Year ended December 31, 2012
GAAP Return on Equity
Net income (loss) available to ING U.S., Inc.’s common shareholders	$	52.4		$	473.0
ING U.S., Inc. shareholders’ equity: beginning of period	$	13,874.9		$	12,353.9
ING U.S., Inc. shareholders’ equity: end of period	$	12,770.0		$	13,874.9
ING U.S., Inc. shareholders’ equity: average for period	$	13,173.3		$	13,114.4
GAAP Return on Equity		0.5	%		3.6	%
Ongoing Business Adjusted Operating Return on Capital and Adjusted Operating Return on Equity
Ongoing Business adjusted operating earnings (AOE) before income taxes	$	888.2		$	1,093.2
Income taxes on AOE (based on an assumed tax rate of 35%)		(310.9	)		(382.7	)
Ongoing Business adjusted operating earnings after income taxes		577.3			710.5
Interest expense after-tax1		(61.9	)		(88.7	)
Ongoing Business adjusted operating earnings after income taxes and interest expense	$	515.4		$	621.7
Beginning of period capital for Ongoing Business2	$	9,057.0		$	10,037.0
End of period capital for Ongoing Business		9,419.0			9,823.0
Average capital for Ongoing Business		9,239.0			9,930.0
Average debt (based on 25% debt-to-capital ratio)		(2,309.8	)		(2,482.5	)
Average equity for Ongoing Business	$	6,929.2		$	7,447.5
Adjusted Operating Return on Capital for Ongoing Business		8.3	%		7.2	%
Adjusted Operating Return on Equity for Ongoing Business1		9.9	%		8.3	%

13

ING U.S.

Reconciliation of Ongoing Business Adjusted Operating Earnings to Net Income (Loss)

($ in millions)	Nine Months Ended September 30, 2013			Year ended December 31, 2012
Ongoing Business adjusted operating earnings before income taxes	$	888.2		$	1,093.2
DAC/VOBA and other intangibles unlocking		110.7			(77.0	)
Lehman bankruptcy/LIHTC loss, net of DAC		77.5			—
Impact of investment portfolio restructuring		—			(25.3	)
Operating earnings before income taxes for Ongoing Business		1,076.4			990.9
Corporate		(166.6	)		(182.3	)
Closed Blocks Institutional Spread Products and Other		53.9			109.7
Total operating earnings before income taxes		963.7			918.3
Income taxes (based on an assumed tax rate of 35%)		(337.3	)		(321.4	)
Operating earnings, after-tax		626.4			596.9
Closed Block Variable Annuity, after-tax		(638.9	)		(450.0	)
Net investment gains (losses) and related charges and adjustments, after-tax		69.4			296.0
Other, after-tax		(4.5	)		(30.0	)
Net income (loss) available to ING U.S., Inc.’s common shareholders		52.4			473.0
Net income (loss) attributable to noncontrolling interest		84.5			138.2
Net income (loss)	$	136.9		$	611.2

ING U.S.

Reconciliation of End of Period Capital for Ongoing Business to Shareholders’ Equity

($ in millions)	As of September 30, 2013			As of December 31, 2012
End of Period Capital for Ongoing Business	$	9,419.0		$	9,823.0
Closed Block Variable Annuity, Corporate, and Other Closed Blocks		4,915.5			4,149.5
End of Period Capital		14,334.5			13,972.5
Financial Leverage 3		(3,514.5	)		(3,808.3	)
ING U.S., Inc. shareholders’ equity excluding AOCI end of period		10,820.0			10,164.2
AOCI		1,950.0			3,710.7
ING U.S., Inc. shareholders’ equity: end of period	$	12,770.0		$	13,874.9

¹ Assumes debt-to-capital ratio of approximately 25% for all time periods presented, a weighted average pre-tax interest rate of 5.5% for all time periods prior to the completion of the company’s recapitalization initiatives, and the actual weighted average pre-tax interest rate for all time periods subsequent to the completion of these recapitalization initiatives starting with the third quarter of 2013.

² The 1/1/13 beginning capital is different from the 12/31/12 ending capital at the segment level due to certain reallocations of capital, primarily due to recapitalization activity (completed and anticipated)

($ in millions)	As of September 30, 2013		As of December 31, 2012
3        Reconciliation of Financial Leverage to Short-term and Long-term Debt
Short-term debt	$	—	$	1,064.6
Long-term debt		3,514.5		3,171.1
Total Debt		3,514.5		4,235.7
Less operating leverage		—		(688.4	)
Plus loans from subsidiaries		—		261.0
Financial Leverage	$	3,514.5	$	3,808.3

ING U.S.

Reconciliation of Book Value Per Share

	As of September 30, 2013
Book value per share, including AOCI	$	48.96
Per share impact of AOCI	$	(7.47	)
Book value per share, excluding AOCI	$	41.49

14

ING U.S.

Reconciliation of Investment Management Operating Margin

($ in millions, unless otherwise indicated)	Three Months Ended September 30, 2013			Three Months Ended September 30, 2012
Operating revenues	$	160.1		$	142.2
Operating expenses		106.1			103.1
Operating earnings before income taxes	$	54.0		$	39.1
Operating margin		33.7	%		27.5	%
Operating revenues	$	160.1		$	142.2
Less:
Investment Capital Results		16.8			16.7
Revenues excluding Investment Capital		143.3			125.5
Operating expenses		106.1			103.1
Operating earnings excluding Investment Capital	$	37.2		$	22.4
Operating Margin excluding Investment Capital		26.0	%		17.8	%

15

Forward-Looking and Other Cautionary Statements

This press release contains forward-looking statements. Forward-looking statements include statements relating to future developments in our business or expectations for our future financial performance and any statement not involving a historical fact. Forward-looking statements use words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and other words and terms of similar meaning in connection with a discussion of future operating or financial performance. Actual results, performance or events may differ materially from those projected in any forward-looking statement due to, among other things, (i) general economic conditions, particularly economic conditions in our core markets, (ii) performance of financial markets, including emerging markets, (iii) the frequency and severity of insured loss events, (iv) mortality and morbidity levels, (v) persistency and lapse levels, (vi) interest rates, (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. Factors that may cause actual results to differ from those in any forward-looking statement also include those described under and “Management’s Discussion and Analysis of Results of Operations and Financial Condition—Trends and Uncertainties” in our Form 10-Q for the three months ended September 30, 2013, and under “Risk Factors,” “Management’s Discussion and Analysis of Results of Operations and Financial Condition—Trends and Uncertainties” and “Business—Closed Blocks—Closed Block Variable Annuity” in our Registration Statement on Form S-1 (file no. 191163), both filed or to be filed with the Securities and Exchange Commission.

16

EX-99.2

Exhibit 99.2

Exhibit 99.2

ING U . S . Quarterly Investor

Supplement

S e p t e m b e r 3 0 , 2 0 1 3

This report should be read in conjunction with ING U.S Inc’s Quarterly Report on Form 10-Q for the period ended September 30, 2013 as filed with the

Securities and Exchange Commission. All financial information is unaudited.

ING U.S.

Table of Contents

Page

Consolidated

Explanatory Note on Non-GAAP Financial Information 3-4

Organizational Chart 5

Key Metrics 6

Adjusted Operating Return on Capital 7

Adjusted Operating Earnings Before Interest, After Income Taxes 8

Consolidated Balance Sheets 9

Consolidated Statements of Operations 10

Ongoing Business Sources of Operating Earnings 11

Consolidated Earnings Before Income Taxes 12

Operating Earnings by Segment 13-14

Operating Revenues and Operating Earnings by Segment 15

Adjusted Operating Earnings by Segment 16

DAC/VOBA Segment Trends 17

Consolidated Capital Structure 18

Consolidated Assets Under Management/Assets Under Administration 19

Retirement

Sources of Operating Earnings 21

Operating Earnings 22

Assets Under Management/Assets Under Administration 23

Assets Under Management Rollforward 24

Annuities

Sources of Operating Earnings 26

Operating Earnings 27

Assets Under Management 28

Assets Under Management Rollforward 29

Investment Management

Sources of Operating Earnings 31

Operating Earnings 32

Key Metrics 33

Account Value Rollforward by Source 34

Account Value by Asset Type 35

Individual Life

Sources of Operating Earnings 37

Operating Earnings 38

Key Metrics 39

Employee Benefits

Sources of Operating Earnings 41

Operating Earnings 42

Key Metrics 43

Corporate

Operating Earnings 45

Closed Blocks

ISP and Other Operating Earnings 47

Closed Block Variable Annuity Income (Loss) Before Income Taxes 48

Closed Block Variable Annuity Death and Living Benefits 49

Assets Under Management Rollforward 50

Investment Information

Portfolio Composition 52

Portfolio Results 53

Alternative Investment Income 54

Unrealized Gains (Losses) 55

Asset Backed Securities 56

RMBS Securities Summary 57

CMBS and Other Asset-Backed Securities Summary 58

Mortgage Loans on Real Estate 59

US and Foreign Corporate Securities 60

Exposure to European Debt- Fixed Maturities and Equity Securities 61

Additional Information

Adjustments to Operating Earnings by Segment 63

Average Capital and Financial Leverage 64

Operating Revenues by Segment 65

Ongoing Business Sources of Earnings Reconciliation 66-68

Fixed Maturity Securities—Hannover Life Re Modco Reinsurance 69

Financial Ratings 70

Page 2 of 70

ING U.S

Explanatory Note on Non-GAAP Financial Information

Operating earnings before income taxes is an internal measure we use to evaluate segment performance. Operating earnings before income taxes does not replace net income (loss) as the GAAP measure of the consolidated results of operations and consists of operating revenues less operating benefits and expenses. Each segment’s operating earnings before income taxes is calculated by adjusting income (loss) before income taxes for the following items:

Net investment gains (losses), net of related amortization of DAC, VOBA, sales inducements and unearned revenue. Net investment gains (losses) include gains (losses) on the sale of securities, impairments, changes in the fair value of investments using the fair value option (“FVO”) unrelated to the implied loan-backed security income recognition for certain mortgage-backed obligations and changes in the fair value of derivative instruments, excluding realized gains (losses) associated with swap settlements and accrued interest;

Net guaranteed benefit hedging gains (losses), which include changes in the fair value of derivatives related to guaranteed benefits, net of related reserve increases (decreases) and net of related amortization of DAC, VOBA and sales inducements, less the estimated cost of these benefits. The estimated cost, which is reflected in operating results, reflects the expected cost of these benefits if markets perform in line with our long-term expectations and includes the cost of hedging. All other derivative and reserve changes related to guaranteed benefits are excluded from operating results, including the impacts related to changes in our nonperformance spread;

Income (loss) related to business exited through reinsurance or divestment;

Income (loss) attributable to noncontrolling interests;

Income (loss) related to early extinguishment of debt;

Impairment of goodwill, value of management contract rights and value of customer relationships acquired;

Immediate recognition of net actuarial gains (losses) related to our pension and other post-employment benefit obligations and gains (losses) from plan amendments and curtailments; and

Other items, including restructuring expenses (severance, lease write-offs, etc.), integration expenses related to our acquisition of CitiStreet and certain third-party expenses and deal incentives related to the anticipated divestment of the Company by ING Group.

Page 3 of 70

ING U.S

Explanatory Note on Non-GAAP Financial Information

Adjusted operating earnings is also an internal measure we use to evaluate segment performance. This measure excludes from operating earnings the following items:

DAC/VOBA and other intangibles unlocking

DAC/VOBA and other intangibles unlocking can be volatile, so excluding the effect of this can improve period to period comparability

Investment portfolio restructurings implemented in 2012

The investment portfolio restructurings in 2012 reduced the run-rate level of investment income, and we believe that such effects are not reflective of the performance of our Ongoing Business

The net gain included in operating earnings in the third quarter of 2013 from a distribution of cash and securities in conjunction with a Lehman Brothers bankruptcy settlement and the losses as a result of the decision to dispose of certain Low Income Housing Tax Credit partnerships (“LIHTC”) as a means of exiting this asset class

Interest expense related to debt in our Corporate segment

In addition to book value per share including accumulate other comprehensive income (AOCI), we look at book value per share excluding AOCI. Included in AOCI are investment portfolio unrealized gains or losses. In the ordinary course of business we do not plan to sell most investments for the sole purpose of realizing gains or losses, so book value per share excluding AOCI provides a metric consistent with that view.

Our Closed Block Variable Annuity segment is managed to focus on protecting regulatory and rating agency capital rather than achieving operating metrics and, therefore, its results of operations are not reflected within operating earnings before income taxes. When we present the adjustments to Income (loss) before income taxes on a consolidated basis, each adjustment excludes the relative portions attributable to our Closed Block Variable Annuity segment.

The most directly comparable GAAP measure to operating earnings before income taxes is net income (loss) before income taxes. For a reconciliation of operating earnings before income taxes to income (loss) before income taxes, refer to the “Consolidated Earnings Before Income Taxes” page in this document.

Operating revenues is a measure of our segment revenues. We calculate operating revenues by adjusting each segment’s revenue for the following items:

Net realized investment gains (losses) and related charges and adjustments, which include gains (losses) on the sale of securities, impairments, changes in the fair value of investments using the

FVO unrelated to the implied loan-backed security income recognition for certain mortgage-backed obligations and changes in the fair value of derivative instruments, excluding realized gains (losses) associated with swap settlements and accrued interest. These items are net of related amortization of unearned revenue;

Gain (loss) on change in fair value of derivatives related to guaranteed benefits, which include changes in the fair value of derivatives related to guaranteed benefits, less the estimated cost of these benefits. The estimated cost, which is

reflected in operating results, reflects the expected cost of these benefits if markets perform in line with our long-term expectations and includes the cost of hedging. All other derivative and reserve changes related to guaranteed benefits are excluded from operating revenues, includ ing the impacts related to changes in our nonperformance spread;

Revenues related to businesses exited through reinsurance or divestment;

Revenues attributable to noncontrolling interests;

Other adjustments to operating revenues primarily reflect fee income earned by our broker dealers for sales of non-proprietary products, which are reflected net of commission expense in our segments’ operating revenues, as well as other items where the income is passed on to third parties.

Operating revenues also excludes the revenues of our Closed Block Variable Annuity segment, since this segment is managed to focus on protecting regulatory and rating agency capital rather than achieving operating metrics. When we present the adjustments to Total revenues on a consolidated basis, each adjustment excludes the relative portions attributable to our Closed Block Variable Annuity segment.

The most directly comparable GAAP measure to operating revenues is total revenues. For a reconciliation of operating revenue to total revenues, please refer to the “Operating Revenues by Segment” page in this document.

We analyze our Ongoing Business performance based on the sources of earnings. We believe this supplemental information is useful in order to gain a better understanding of our operating earnings (loss) before income taxes for the following reasons: (1) we analyze our business using this information and (2) this presentation can be helpful for investors to understand the main drivers of operating earnings (loss) before income taxes of our ongoing businesses. The sources of earnings are defined as such:

Investment spread and other investment income consists of net investment income and net realized investment gains (losses) associated with swap settlements and accrued interest, less interest credited to policyholder reserves.

Fee based margin consists primarily of fees earned on AUM, AUA, and transaction based recordkeeping fees.

Net underwriting gain (loss) and other revenue contains the following: the difference between fees charged for insurance risks and incurred benefits, including mortality, morbidity, and surrender results, contractual charges for universal life and annuity contracts, the change in the unearned revenue reserve for universal life contracts, and that portion of traditional life insurance premiums intended to cover expenses and profits. Certain contract charges for universal life insurance are not recognized in income immediately, but are deferred as unearned revenues and are amortized into income in a manner similar to the amortization of DAC.

Administrative expenses are general expenses, net of amounts capitalized as acquisition expenses and exclude commission expenses and fees on letters of credit.

Trail commissions are commissions paid that are not deferred and thus recorded directly to expense.

For a detail explanation of DAC/VOBA and other intangibles amortization/unlocking see “Unlocking of DAC/VOBA and other Contract Owner/Policyholder Intangibles” in our SEC filings.

For a reconciliation of the sources of earnings presentation to the line items within operating revenues and operating benefits and expenses, please refer to the “Ongoing Business Sources of Earnings Reconciliation” pages in this document.

Page 4 of 70

ING U.S.

Organizational Chart

Ongoing Business

ING U.S.

Retirement Solutions

Retirement

Full service

plans

Recordkeeping

services

Stable value

plans

IRAs

Brokerage accounts

Annuities

Fixed Indexed annuities

Annuity and custodial products

Investment Management

Retirement, Retail Institutional Funds Fixed Income

Equity

Multi-asset strategies and solutions

Senior bank loans

Alternatives

Insurance Solutions

Individual Life

Term life

Universal life

Indexed universal life

Variable universal life

Employee Benefits

Stop loss

Group life

Voluntary benefits

Group disability

Closed Blocks

Variable Annuity

Instructional Spread Products

Other

Corporate

Page 5 of 70

ING U.S. Key Metrics

Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

(in millions USD, except for per share data)

Operating earnings before income taxes - Ongoing Business 484.2 306.8 285.4 228.9 306.4 1,076.4 762.0

Operating earnings before income taxes - ING U.S. 435.0 272.0 256.7 209.1 270.6 963.7 709.2

Net income (loss) 447.7 (85.3) (225.5) (106.9) 386.8 136.9 718.1

Net income (loss) attributable to noncontrolling interest 101.1 (3.1) (13.5) (84.2) 20.3 84.5 222.4

Net income (loss) available to ING U.S. Inc.’s common shareholders 346.6 (82.2) (212.0) (22.7) 366.5 52.4 495.7

Ongoing Business adjusted operating return on equity (1) 10.3% 10.4% 9.5% N/A N/A 9.9% N/A

Debt to Capital (Excluding AOCI) 24.5% 26.2% 27.2% 27.3% 27.6% 24.5% 27.6%

Per Share Data:

Operating earnings per share 1.08 0.71 0.73 0.59 0.76 2.54 2.00

Net income (loss) available to ING U.S., Inc.’s common shareholders per common

share:

Basic 1.33 (0.33) (0.92) (0.10) 1.59 0.21 2.16

Diluted 1.32 (0.33) (0.92) (0.10) 1.59 0.21 2.16

Total ING U.S. Inc. Shareholders’ Equity - Excluding AOCI 10,820.0 10,383.8 9,938.3 10,164.2 10,209.0 10,820.0 10,209.0

Book value per share (Excluding AOCI) 41.49 39.82 43.21 44.19 44.39 41.49 44.39

Weighted-average common shares outstanding (in millions)

Basic 260.8 250.3 230.0 230.0 230.0 247.1 230.0

Diluted 262.3 250.3 230.0 230.0 230.0 247.8 230.0

Ending shares outstanding (in millions) 260.8 260.8 230.0 230.0 230.0 260.8 230.0

(1) Assumes debt-to-capital ratio of 25% for all time periods presented, a weighted

average pre-tax interest rate of 5.5% for all time periods prior to the completion of the

company’s recapitalization initiatives, and the actual weighted average pre-tax interest

rate for all time periods subsequent to the completion of these recapitalization

initiatives starting with the third quarter of 2013.

Page 6 of 70

ING U.S.

Adjusted Operating Return on Capital

Nine Months Ended September 30, 2013

Retirement Solutions Investment Insurance Solutions Ongoing Closed Block Corporate and Consolidated

Retirement Annuities Management Individual Life Employee Business Variable Annuity* Other Closed

Benefits Blocks*

(in millions USD, unless otherwise indicated)

Beginning Capital (1) 3,822 1,810 303 2,760 362 9,057 5,066 (150) 13,973

Ending Capital 4,001 1,788 298 2,980 352 9,419 3,444 1,472 14,335

Average Capital (2) 3,912 1,799 301 2,870 357 9,239 4,255 661 14,154

Adjusted operating earnings before interest and

after income taxes 261.9 91.9 73.9 103.1 46.5 577.3 — 12.6 589.9

Adjusted Operating Return on Capital 8.9% 6.8% 32.7% 4.8% 17.4% 8.3% — N/M 5.6%

Adjusted Operating Return on Equity (3) 9.9%

Year Ended December 31, 2012

Retirement Solutions Investment Insurance Solutions Ongoing Closed Block Corporate and Consolidated

Retirement Annuities Management Individual Life Employee Business Variable Annuity Other Closed

Benefits Blocks

(in millions USD, unless otherwise indicated)

Beginning Capital 4,333 2,471 275 2,545 413 10,037 3,452 311 13,800

Ending Capital 4,284 1,949 303 2,858 429 9,823 3,262 888 13,973

Average Capital (2) 4,308 2,210 289 2,702 421 9,930 3,357 599 13,886

Adjusted operating earnings before interest and

after income taxes 308.1 129.7 86.0 115.7 71.0 710.5 — 39.6 750.1

Adjusted Operating Return on Capital 7.2% 5.9% 29.8% 4.3% 16.9% 7.2% — 6.6% 5.4%

Adjusted Operating Return on Equity (3) 8.3%

(1) The 1/1/13 beginning capital is different than the 12/31/12 ending capital at the segment level due to certain reallocations of capital, primarily due to recapitalization activity (completed and anticipated).

(2) Total Company average capital is allocated to each of our segments in proportion to each segment’s target statutory capital, plus an allocation of the differences between statutory capital and total ING U.S., Inc. shareholders’ equity on a GAAP basis (excluding AOCI), based on each segment’s portion of these differences. Statutory surplus in excess of target statutory capital and certain corporate assets and liabilities, such as certain deferred tax assets and liabilities for unfunded pension plans, are allocated to the Corporate segment.

(3) Assumes debt-to-capital ratio of 25% for all time periods presented, a weighted average pre-tax interest rate of

5.5% for all time periods prior to the completion of the company’s recapitalization initiatives, and the actual weighted average pre-tax interest rate for all time periods subsequent to the completion of these recapitalization initiatives starting with the third quarter of 2013.

Page 7 of 70

ING U.S.

Adjusted Operating Earnings Before Interest, After Income Taxes

Nine Months Ended September 30, 2013

Retirement Solutions Investment Insurance Solutions Ongoing Business Closed Block Corporate and Other Consolidated

Retirement Annuities Management Individual Life Employee Benefits Variable Annuity Closed Blocks

(in millions USD, unless otherwise indicated)

Operating earnings before income taxes 457.2 210.6 125.2 207.8 75.6 1,076.4 — (112.7) 963.7

Less:

Interest expense ——————— (132.7) (132.7)

DAC/VOBA and other intangibles unlocking (1) 41.6 56.5 — 12.6 — 110.7 —— 110.7

Net gain from Lehman Recovery/LIHTC (2) 12.7 12.7 11.5 36.6 4.0 77.5 — 0.6 78.1

Adjusted operating earnings before interest 402.9 141.4 113.7 158.6 71.6 888.2 — 19.4 907.6

Income tax expense (4) 141.0 49.5 39.8 55.5 25.1 310.9 — 6.8 317.7

Adjusted operating earnings before interest and

after income taxes 261.9 91.9 73.9 103.1 46.5 577.3 — 12.6 589.9

Year Ended December 31, 2012

Retirement Solutions Investment Insurance Solutions Ongoing Business Closed Block Corporate and Other Consolidated

Retirement Annuities Management Individual Life Employee Benefits Variable Annuity Closed Blocks

(in millions USD, unless otherwise indicated)

Operating earnings before income taxes 448.6 102.2 134.5 196.2 109.4 990.9 — (72.6) 918.3

Less:

Interest expense ——————— (127.8) (127.8)

DAC/VOBA and other intangibles unlocking 5.8 (86.2) — 3.4 — (77.0) —— (77.0)

Impact of investment portfolio restructuring (3) (31.2) (11.2) 2.2 14.8 0.1 (25.3) — (5.8) (31.1)

Adjusted operating earnings before interest 474.0 199.6 132.3 178.0 109.3 1,093.2 — 61.0 1,154.2

Income tax expense (4) 165.9 69.9 46.3 62.3 38.3 382.7 — 21.4 404.1

Adjusted operating earnings before interest and

after income taxes 308.1 129.7 86.0 115.7 71.0 710.5 — 39.6 750.1

(1) DAC/VOBA and other intangibles unlocking excludes unlocking on net investment income from Lehman Recovery/LIHTC, as described below (2) Includes the net gain included in operating earnings from a distribution of cash and securities in conjunction with a Lehman Brothers bankruptcy settlement and the losses as a result of the decision to dispose of certain Low Income Housing Tax Credit partnerships (“LIHTC”) as a means of exiting this asset class. Collectively these items, net of DAC/VOBA and other intangibles impacts, are referred to as “Net gain from Lehman Recovery/LIHTC”.

(3) Includes the net loss included in operating earnings from the sale of certain alternative investments and investment income associated with assets disposed of during the portfolio restructuring effected during 2012.

(4) Based on an assumed effective tax rate of 35%.

Page 8 of 70

ING U.S.

Consolidated Balance Sheets

Balances as of

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Assets

Total investments 89,007.3 89,504.8 92,213.8 95,487.6 95,194.7

Cash and cash equivalents 1,716.6 1,549.8 2,787.7 1,786.8 2,078.7

Assets held in separate accounts 103,853.6 102,228.9 103,098.3 97,667.4 96,312.2

Reinsurance recoverable 6,755.6 7,053.0 7,151.0 7,379.3 7,565.9

Short term investments under securities loan agreement and

accrued investment income 1,395.6 1,322.2 1,764.3 1,527.5 1,312.8

Deferred policy acquisition costs, Value of business acquired 5,265.0 5,060.5 4,019.6 3,656.3 3,623.8

Goodwill and other intangible assets 323.4 333.0 341.8 348.5 358.9

Other assets (1) 1,416.6 1,548.3 1,363.7 1,575.2 1,582.6

Assets related to consolidated investment entities 7,924.5 8,523.0 8,109.8 6,965.6 6,181.0

Total Assets 217,658.2 217,123.5 220,850.0 216,394.2 214,210.6

Liabilities

Future policy benefits and contract owner account balances 84,887.9 85,561.9 85,875.1 86,055.7 86,294.8

Liabilities related to separate accounts 103,853.6 102,228.9 103,098.3 97,667.4 96,312.2

Funds held under reinsurance agreements 1,212.1 1,281.6 1,170.8 1,236.6 1,265.3

Payables under securities loan agreements, including collateral held 576.7 470.6 1,348.8 1,509.8 1,299.8

Short-term debt — 138.6 321.2 1,064.6 774.9

Long-term debt 3,514.5 3,265.7 3,440.8 3,171.1 3,642.7

Other liabilities (2) 3,598.9 3,796.5 4,743.3 5,506.0 5,572.0

Liabilities related to consolidated investment entities 5,150.0 5,732.6 5,252.8 4,121.8 3,097.4

Total Liabilities 202,793.7 202,476.4 205,251.1 200,333.0 198,259.1

Shareholders’ Equity

Common stock 2.6 2.6 2.3 2.3 2.3

Additional paid-in capital 23,524.7 23,498.7 22,909.9 22,917.6 22,897.7

Retained earnings (deficit) (12,707.3) (13,117.5) (12,973.9) (12,755.7) (12,691.0)

Total ING U.S. Inc. Shareholders’ Equity—Excluding AOCI 10,820.0 10,383.8 9,938.3 10,164.2 10,209.0

Accumulated other comprehensive income 1,950.0 2,087.8 3,452.8 3,710.7 3,701.5

Total ING U.S. Inc. Shareholders’ Equity 12,770.0 12,471.6 13,391.1 13,874.9 13,910.5

Noncontrolling interest 2,094.5 2,175.5 2,207.8 2,186.3 2,041.0

Total Shareholders’ Equity 14,864.5 14,647.1 15,598.9 16,061.2 15,951.5

Total Liabilities and Shareholders’ Equity 217,658.2 217,123.5 220,850.0 216,394.2 214,210.6

(1) Includes Other assets and Sales inducements to contract holders (2) Includes Other liabilities, Derivatives, Pension and other post-employment provisions, Current income taxes, and Deferred income taxes

Page 9 of 70

ING U.S.

Consolidated Statements of Operations

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Revenues

Net investment income 1,221.6 1,112.2 1,198.7 1,055.4 1,226.2 3,532.5 3,642.5

Fee income 920.8 909.7 891.9 890.6 872.9 2,722.4 2,624.8

Premiums 494.2 474.8 471.9 471.2 453.5 1,440.9 1,389.9

Net realized capital gains (losses) (517.1) (565.9) (874.8) (384.2) (132.4) (1,957.8) (896.6)

Income (loss) related to consolidated investment entities 196.2 103.7 35.3 79.0 46.9 335.2 364.2

Other revenues 119.6 106.1 95.6 91.8 97.2 321.3 286.7

Total revenues 2,435.3 2,140.6 1,818.6 2,203.8 2,564.3 6,394.5 7,411.5

Benefits and expenses

Interest credited and other benefits to contract owners/policyholders (1,087.7) (1,229.9) (1,061.4) (1,225.3) (1,106.5) (3,379.0) (3,636.3)

Operating expenses (762.8) (770.2) (759.1) (824.1) (858.9) (2,292.1) (2,330.9)

Net amortization of DAC/VOBA (64.6) (124.5) (130.5) (182.4) (150.0) (319.6) (539.9)

Interest expense (48.4) (43.8) (44.4) (44.7) (46.6) (136.6) (109.0)

Operating expenses related to consolidated investment entities (51.8) (47.4) (37.5) (35.4) (28.4) (136.7) (81.3)

Total benefits and expenses (2,015.3) (2,215.8) (2,032.9) (2,311.9) (2,190.4) (6,264.0) (6,697.4)

Income (loss) before income taxes 420.0 (75.2) (214.3) (108.1) 373.9 130.5 714.1

Page 10 of 70

ING U.S.

Ongoing Business Sources of Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sources of operating earnings before income

taxes:

Investment spread and other investment income 437.4 361.0 363.7 342.4 371.8 1,162.1 1,086.6

Fee based margin 369.7 364.2 343.6 350.0 336.0 1,077.5 987.5

Net underwriting gain (loss) and other revenue 198.9 204.1 179.9 222.1 214.1 582.9 572.7

Administrative expenses (404.3) (416.1) (400.3) (422.0) (410.7) (1,220.7) (1,247.2)

Trail commissions (63.8) (66.0) (66.1) (63.3) (61.2) (195.9) (185.7)

DAC/VOBA and other intangibles amortization,

excluding unlocking (178.2) (144.0) (142.7) (151.6) (150.0) (464.9) (423.6)

DAC/VOBA and other intangibles unlocking 124.5 3.6 7.3 (48.7) 6.4 135.4 (28.3)

Operating earnings before income taxes 484.2 306.8 285.4 228.9 306.4 1,076.4 762.0

Page 11 of 70

ING U.S.

Consolidated Earnings Before Income Taxes

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) 1,054.4 962.0 985.6 978.6 1,005.6 3,002.0 3,042.3

Fee income 632.1 628.3 608.0 613.7 589.3 1,868.4 1,789.9

Premiums 453.5 473.3 470.5 472.0 454.1 1,397.3 1,392.1

Other revenue 38.9 33.9 26.4 31.3 27.7 99.2 86.5

Total operating revenues 2,178.9 2,097.5 2,090.5 2,095.6 2,076.7 6,366.9 6,310.8

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (1,111.9) (1,126.8) (1,151.8) (1,126.3) (1,145.5) (3,390.5) (3,553.7)

Operating expenses (523.8) (532.5) (517.4) (533.0) (521.2) (1,573.7) (1,562.0)

Net amortization of DAC/VOBA (60.0) (122.7) (120.9) (184.2) (94.1) (303.6) (379.2)

Interest expense (48.2) (43.5) (43.7) (43.0) (45.3) (135.4) (106.7)

Total operating benefits and expenses (1,743.9) (1,825.5) (1,833.8) (1,886.5) (1,806.1) (5,403.2) (5,601.6)

Operating earnings before income taxes 435.0 272.0 256.7 209.1 270.6 963.7 709.2

Adjustments:

Closed Block Variable Annuity (167.4) (338.4) (477.1) (167.3) 0.8 (982.9) (525.0)

Net investment gains (losses) and related charges and adjustments 64.1 0.8 41.8 54.7 207.9 106.7 400.8

Net guaranteed benefit hedging gains (losses) and related charges and adjustments 10.5 32.4 3.1 (16.7) 20.6 46.0 113.9

Income (loss) related to businesses exited through reinsurance or divestment (13.1) (17.0) (16.9) (11.7) (9.9) (47.0) (34.1)

Income (loss) attributable to noncontrolling interests 101.1 (3.1) (13.5) (84.2) 20.3 84.5 222.4

Other adjustments to operating earnings* (10.2) (21.9) (8.4) (92.0) (136.4) (40.5) (173.1)

Total non-operating (15.0) (347.2) (471.0) (317.2) 103.3 (833.2) 4.9

Income (loss) before income taxes 420.0 (75.2) (214.3) (108.1) 373.9 130.5 714.1

* Other adjustments to operating earnings above includes:

Immediate recognition of actuarial gains (losses) related to pension and other post-employment benefit obligations and any impact of plan amendments, and other items, including restructuring expenses

(severance, lease write-offs, etc.), integration expenses related to the Company’s acquisition of

CitiStreet and certain third-party expenses and deal incentives related to the anticipated divestment of the Company by ING Group

Page 12 of 70

ING U.S.

Operating Earnings by Segment

(in millions USD) Three Months Ended September 30, 2013

Retirement Solutions Investment Insurance Solutions Ongoing Business Corporate Closed Blocks Consolidated

Retirement Annuities Management Individual Life Employee Benefits

Operating revenues

Net investment income and net realized gains (losses) 394.5 295.9 16.4 258.7 32.1 997.6 26.9 29.9 1,054.4

Fee income 191.0 11.8 135.4 278.4 15.5 632.1 —— 632.1

Premiums 0.7 7.5 — 174.7 269.6 452.5 — 1.0 453.5

Other revenue 20.7 3.9 8.3 5.3 (1.0) 37.2 1.9 (0.2) 38.9

Total operating revenues 606.9 319.1 160.1 717.1 316.2 2,119.4 28.8 30.7 2,178.9

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (213.5) (182.2) — (468.7) (223.7) (1,088.1) (12.7) (11.1) (1,111.9)

Operating expenses (205.8) (31.7) (106.1) (83.9) (58.5) (486.0) (32.8) (5.0) (523.8)

Net amortization of DAC/VOBA (0.3) (8.4) — (47.5) (4.9) (61.1) 1.2 (0.1) (60.0)

Interest expense —————— (48.2) — (48.2)

Total operating benefits and expenses (419.6) (222.3) (106.1) (600.1) (287.1) (1,635.2) (92.5) (16.2) (1,743.9)

Operating earnings before income taxes 187.3 96.8 54.0 117.0 29.1 484.2 (63.7) 14.5 435.0

Three Months Ended September 30, 2012

Retirement Solutions Investment Insurance Solutions Ongoing Business Corporate Closed Blocks Consolidated

Retirement Annuities Management Individual Life Employee Benefits

Operating revenues

Net investment income and net realized gains (losses) 384.5 291.7 17.3 229.7 30.0 953.2 14.5 37.9 1,005.6

Fee income 181.6 9.5 120.1 262.4 15.7 589.3 —— 589.3

Premiums 0.5 6.1 — 180.0 265.8 452.4 — 1.7 454.1

Other revenue 15.5 2.4 4.8 6.4 (1.0) 28.1 (1.3) 0.9 27.7

Total operating revenues 582.1 309.7 142.2 678.5 310.5 2,023.0 13.2 40.5 2,076.7

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (210.5) (200.3) — (509.5) (214.0) (1,134.3) 2.7 (13.9) (1,145.5)

Operating expenses (198.8) (32.1) (103.1) (97.1) (56.7) (487.8) (29.3) (4.1) (521.2)

Net amortization of DAC/VOBA (27.1) (44.6) — (16.6) (3.7) (92.0) (2.0) (0.1) (94.1)

Interest expense (0.3) (0.1) — (2.1) — (2.5) (42.2) (0.6) (45.3)

Total operating benefits and expenses (436.7) (277.1) (103.1) (625.3) (274.4) (1,716.6) (70.8) (18.7) (1,806.1)

Operating earnings before income taxes 145.4 32.6 39.1 53.2 36.1 306.4 (57.6) 21.8 270.6

Page 13 of 70

ING U.S.

Operating Earnings by Segment

(in millions USD) Nine Months Ended September 30, 2013

Retirement Solutions Investment Insurance Solutions Ongoing Business Corporate Closed Blocks Consolidated

Retirement Annuities Management Individual Life Employee Benefits

Operating revenues

Net investment income and net realized gains (losses) 1,172.2 866.5 25.3 691.0 88.4 2,843.4 52.7 105.9 3,002.0

Fee income 563.8 32.9 389.4 835.2 47.1 1,868.4 —— 1,868.4

Premiums 5.0 22.0 — 552.6 813.5 1,393.1 — 4.2 1,397.3

Other revenue 46.0 9.3 25.9 20.2 (3.0) 98.4 1.1 (0.3) 99.2

Total operating revenues 1,787.0 930.7 440.6 2,099.0 946.0 6,203.3 53.8 109.8 6,366.9

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (630.2) (550.5) — (1,482.7) (679.5) (3,342.9) (10.8) (36.8) (3,390.5)

Operating expenses (619.8) (94.9) (315.4) (269.4) (179.0) (1,478.5) (76.4) (18.8) (1,573.7)

Net amortization of DAC/VOBA (79.8) (74.7) — (138.0) (11.9) (304.4) 1.1 (0.3) (303.6)

Interest expense ——— (1.1) — (1.1) (134.3) — (135.4)

Total operating benefits and expenses (1,329.8) (720.1) (315.4) (1,891.2) (870.4) (5,126.9) (220.4) (55.9) (5,403.2)

Operating earnings before income taxes 457.2 210.6 125.2 207.8 75.6 1,076.4 (166.6) 53.9 963.7

Nine Months Ended September 30, 2012

Retirement Solutions Investment Insurance Solutions Ongoing Business Corporate Closed Blocks Consolidated

Retirement Annuities Management Individual Life Employee Benefits

Operating revenues

Net investment income and net realized gains (losses) 1,119.8 924.9 36.0 700.7 87.3 2,868.7 46.9 126.7 3,042.3

Fee income 532.3 25.1 352.1 833.7 46.6 1,789.8 — 0.1 1,789.9

Premiums 4.0 29.6 — 546.1 806.5 1,386.2 — 5.9 1,392.1

Other revenue 45.3 10.0 14.9 19.2 (2.8) 86.6 (0.2) 0.1 86.5

Total operating revenues 1,701.4 989.6 403.0 2,099.7 937.6 6,131.3 46.7 132.8 6,310.8

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (629.3) (661.8) — (1,545.3) (671.2) (3,507.6) 8.3 (54.4) (3,553.7)

Operating expenses (620.3) (94.4) (299.7) (289.5) (175.5) (1,479.4) (92.3) 9.7 (1,562.0)

Net amortization of DAC/VOBA (110.3) (137.1) — (114.6) (10.1) (372.1) (6.7) (0.4) (379.2)

Interest expense (1.1) (0.4) — (8.7) — (10.2) (94.7) (1.8) (106.7)

Total operating benefits and expenses (1,361.0) (893.7) (299.7) (1,958.1) (856.8) (5,369.3) (185.4) (46.9) (5,601.6)

Operating earnings before income taxes 340.4 95.9 103.3 141.6 80.8 762.0 (138.7) 85.9 709.2

Page 14 of 70

ING U.S.

Operating Revenues and Operating Earnings by Segment

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating Revenues

Retirement 606.9 596.9 583.2 570.5 582.1 1,787.0 1,701.4

Annuities 319.1 304.0 307.6 317.4 309.7 930.7 989.6

Total Retirement Solutions 926.0 900.9 890.8 887.9 891.8 2,717.7 2,691.0

Investment Management 160.1 148.6 131.9 142.5 142.2 440.6 403.0

Individual Life 717.1 694.8 687.1 694.2 678.5 2,099.0 2,099.7

Employee Benefits 316.2 311.7 318.1 313.6 310.5 946.0 937.6

Total Insurance Solutions 1,033.3 1,006.5 1,005.2 1,007.8 989.0 3,045.0 3,037.3

Ongoing Business 2,119.4 2,056.0 2,027.9 2,038.2 2,023.0 6,203.3 6,131.3

Corporate 28.8 7.9 17.1 19.2 13.2 53.8 46.7

Total Closed Blocks 30.7 33.6 45.5 38.2 40.5 109.8 132.8

Total operating revenues 2,178.9 2,097.5 2,090.5 2,095.6 2,076.7 6,366.9 6,310.8

Operating Earnings

Retirement 187.3 132.1 137.8 108.2 145.4 457.2 340.4

Annuities 96.8 59.5 54.3 6.3 32.6 210.6 95.9

Total Retirement Solutions 284.1 191.6 192.1 114.5 178.0 667.8 436.3

Investment Management 54.0 41.1 30.1 31.2 39.1 125.2 103.3

Individual Life 117.0 40.0 50.8 54.6 53.2 207.8 141.6

Employee Benefits 29.1 34.1 12.4 28.6 36.1 75.6 80.8

Total Insurance Solutions 146.1 74.1 63.2 83.2 89.3 283.4 222.4

Ongoing Business 484.2 306.8 285.4 228.9 306.4 1,076.4 762.0

Corporate (63.7) (52.8) (50.1) (43.6) (57.6) (166.6) (138.7)

Total Closed Blocks 14.5 18.0 21.4 23.8 21.8 53.9 85.9

Total operating earnings before income taxes 435.0 272.0 256.7 209.1 270.6 963.7 709.2

Closed Block Variable Annuity (167.4) (338.4) (477.1) (167.3) 0.8 (982.9) (525.0)

Net investment gains (losses) and related charges and adjustments 64.1 0.8 41.8 54.7 207.9 106.7 400.8

Net guaranteed benefit hedging gains (losses) and related charges and adjustments 10.5 32.4 3.1 (16.7) 20.6 46.0 113.9

Other non-operating* 77.8 (42.0) (38.8) (187.9) (126.0) (3.0) 15.2

Total adjustments (15.0) (347.2) (471.0) (317.2) 103.3 (833.2) 4.9

Income (loss) before income taxes 420.0 (75.2) (214.3) (108.1) 373.9 130.5 714.1

Less: Income tax expense (benefit) (27.7) 10.1 11.2 (1.2) (12.9) (6.4) (4.0)

Net income (loss) 447.7 (85.3) (225.5) (106.9) 386.8 136.9 718.1

Net income (loss) attributable to noncontrolling interest 101.1 (3.1) (13.5) (84.2) 20.3 84.5 222.4

Net income (loss) available to ING U.S. Inc.‘s common shareholders 346.6 (82.2) (212.0) (22.7) 366.5 52.4 495.7

* Other non-operating above includes:

Income (loss) related to businesses exited through reinsurance or divestment; income (loss) attributable to non-controlling interests; immediate recognition of actuarial gains (losses) related to pension and other post-employment benefit obligations and any impact of plan amendments; and other items, including restructuring expenses (severance, lease write-offs, etc.), integration expenses related to the Company’s acquisition of

CitiStreet and certain third-party expenses and deal incentives related to the anticipated divestment of the Company by ING Group

Page 15 of 70

ING U.S.

Adjusted Operating Earnings by Segment

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating Earnings

Retirement 187.3 132.1 137.8 108.2 145.4 457.2 340.4

Annuities 96.8 59.5 54.3 6.3 32.6 210.6 95.9

Total Retirement Solutions 284.1 191.6 192.1 114.5 178.0 667.8 436.3

Investment Management 54.0 41.1 30.1 31.2 39.1 125.2 103.3

Individual Life 117.0 40.0 50.8 54.6 53.2 207.8 141.6

Employee Benefits 29.1 34.1 12.4 28.6 36.1 75.6 80.8

Total Insurance Solutions 146.1 74.1 63.2 83.2 89.3 283.4 222.4

Ongoing Business 484.2 306.8 285.4 228.9 306.4 1,076.4 762.0

Corporate (63.7) (52.8) (50.1) (43.6) (57.6) (166.6) (138.7)

Total Closed Blocks 14.5 18.0 21.4 23.8 21.8 53.9 85.9

Total operating earnings before income taxes 435.0 272.0 256.7 209.1 270.6 963.7 709.2

Adjustments to operating earnings

Retirement 52.7 (1.4) 3.0 (8.9) 14.9 54.3 (16.6)

Annuities 52.3 9.9 7.0 (44.4) (13.2) 69.2 (53.0)

Total Retirement Solutions 105.0 8.5 10.0 (53.3) 1.7 123.5 (69.6)

Investment Management 11.5 —— — — 11.5 2.2

Individual Life 56.8 (4.9) (2.7) 4.6 8.6 49.2 13.6

Employee Benefits 4.0 —— — 0.6 4.0 0.1

Total Insurance Solutions 60.8 (4.9) (2.7) 4.6 9.2 53.2 13.7

Ongoing Business 177.3 3.6 7.3 (48.7) 10.9 188.2 (53.7)

Corporate (47.6) (43.2) (41.9) (39.2) (39.8) (132.7) (88.6)

Total Closed Blocks 0.6 —— — — 0.6 (5.8)

Total adjustments to operating earnings 130.3 (39.6) (34.6) (87.9) (28.9) 56.1 (148.1)

Adjusted Operating Earnings

Retirement 134.6 133.5 134.8 117.1 130.5 402.9 357.0

Annuities 44.5 49.6 47.3 50.7 45.8 141.4 148.9

Total Retirement Solutions 179.1 183.1 182.1 167.8 176.3 544.3 505.9

Investment Management 42.5 41.1 30.1 31.2 39.1 113.7 101.1

Individual Life 60.2 44.9 53.5 50.0 44.6 158.6 128.0

Employee Benefits 25.1 34.1 12.4 28.6 35.5 71.6 80.7

Total Insurance Solutions 85.3 79.0 65.9 78.6 80.1 230.2 208.7

Ongoing Business 306.9 303.2 278.1 277.6 295.5 888.2 815.7

Corporate (16.1) (9.6) (8.2) (4.4) (17.8) (33.9) (50.1)

Total Closed Blocks 13.9 18.0 21.4 23.8 21.8 53.3 91.7

Total adjusted operating earnings before interest and income taxes 304.7 311.6 291.3 297.0 299.5 907.6 857.3

Page 16 of 70

ING U.S.

DAC/VOBA Segment Trends

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Retirement

Balance as of beginning-of-period 1,278.3 843.1 712.4 667.6 849.5 712.4 987.2

Deferrals of commissions and expenses 25.5 25.8 28.3 34.6 32.8 79.6 93.4

Amortization:

Operating (44.6) (41.3) (39.8) (35.7) (43.1) (125.7) (125.0)

Non-Operating (0.1) 17.8 (2.5) (7.6) (7.3) 15.2 (77.5)

Unlocking:

Operating 44.3 (1.4) 3.0 (8.9) 15.9 45.9 14.7

Non-Operating 21.7 15.4 16.1 19.0 24.2 53.2 60.9

Change in unrealized capital gains/losses 56.3 418.9 125.6 43.4 (204.4) 600.8 (286.1)

Balance as of End-of-Period 1,381.4 1,278.3 843.1 712.4 667.6 1,381.4 667.6

Annuities

Balance as of beginning-of-period 518.6 292.4 260.7 295.8 418.5 260.7 606.6

Deferrals of commissions and expenses 23.5 20.8 17.4 22.2 24.1 61.7 74.8

Amortization:

Operating (51.2) (38.5) (44.8) (43.9) (31.7) (134.5) (95.3)

Non-Operating (4.6) (21.8) (9.7) 4.5 (31.4) (36.1) (59.5)

Unlocking:

Operating 42.8 9.9 7.0 (44.4) (12.9) 59.7 (41.8)

Non-Operating 2.5 8.0 6.5 1.8 6.7 17.0 9.6

Change in unrealized capital gains/losses 28.9 247.8 55.3 24.7 (77.5) 332.0 (198.6)

Balance as of End-of-Period 560.5 518.6 292.4 260.7 295.8 560.5 295.8

Individual Life

Balance as of beginning-of-period 2,638.2 2,247.2 2,127.6 2,067.4 2,088.1 2,127.6 2,067.8

Deferrals of commissions and expenses 39.8 50.1 52.8 69.6 81.4 142.7 275.4

Amortization:

Operating (70.2) (48.4) (44.9) (57.2) (60.2) (163.5) (155.2)

Non-Operating (1.6) (2.2) (3.5) (0.6) (65.0) (7.3) (78.6)

Unlocking:

Operating 22.7 0.9 3.0 9.8 43.5 26.6 40.2

Non-Operating (0.3) (0.8) (0.6) (0.3) 30.3 (1.7) 30.6

Change in unrealized capital gains/losses 88.8 391.4 112.8 38.8 (50.6) 593.0 (112.7)

Balance as of End-of-Period 2,717.4 2,638.2 2,247.2 2,127.6 2,067.4 2,717.4 2,067.5

Other (1)

Balance as of beginning-of-period 105.7 104.1 102.6 100.6 102.4 102.6 104.3

Deferrals of commissions and expenses 4.6 6.1 5.5 5.3 5.2 16.2 16.3

Amortization:

Operating (6.3) (6.8) (3.3) (3.4) (6.5) (16.4) (19.2)

Non-Operating —————— -

Unlocking:

Operating —————— -

Non-Operating —————— -

Change in unrealized capital gains/losses — 2.3 (0.7) — (0.4) 1.6 (0.8)

Balance as of End-of-Period 104.0 105.7 104.1 102.6 100.6 104.0 100.7

Closed Block Variable Annuity

Balance as of beginning-of-period 519.7 532.8 453.0 492.3 479.8 453.0 586.4

Deferrals of commissions and expenses 1.8 4.3 3.9 4.0 3.3 10.0 11.8

Amortization:

Operating —————— -

Non-Operating (15.4) (15.5) (14.8) (14.8) (15.4) (45.7) (45.3)

Unlocking:

Operating —————— -

Non-Operating (4.3) (1.8) (0.2) 0.2 2.9 (6.3) 1.5

Change in unrealized capital gains/losses (0.1) (0.1) 90.9 (28.7) 21.7 90.7 (62.1)

Balance as of End-of-Period 501.7 519.7 532.8 453.0 492.3 501.7 492.3

Total US

Balance as of beginning-of-period 5,060.5 4,019.6 3,656.3 3,623.8 3,938.2 3,656.3 4,352.3

Deferrals of commissions and expenses 95.2 107.1 107.9 135.8 146.8 310.2 471.7

Amortization:

Operating (172.3) (135.0) (132.8) (140.2) (141.5) (440.1) (394.7)

Non-Operating (21.7) (21.7) (30.5) (18.5) (119.1) (73.9) (260.9)

Unlocking:

Operating 109.8 9.4 13.0 (43.5) 46.5 132.2 13.1

Non-Operating 19.6 20.8 21.8 20.7 64.1 62.2 102.6

Change in unrealized capital gains/losses 173.9 1,060.3 383.9 78.2 (311.2) 1,618.1 (660.3)

Balance as of End-of-Period 5,265.0 5,060.5 4,019.6 3,656.3 3,623.8 5,265.0 3,623.8

(1) Employee Benefits, Asset Management, Other Closed Blocks

Page 17 of 70

ING U.S.

Consolidated Capital Structure

Balances as of

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Financial Debt

Commercial paper - - 4.0 192.0 299.2

Senior bonds 2,745.8 R 2,485.5 R 2,485.1 R 1,486.4 R 1,486.2 R

Subordinated bonds 763.8 R 763.9 R 13.9 R 13.9 R 13.9 R

Loans from ING Verzekeringen N.V. - 150.0 500.0 500.0 500.0

Loans from consolidated subs - 279.0 274.4 261.1 164.0

Bank term loan - - 425.0 1,350.0 1,425.0

Other debt 4.9 4.9 4.9 4.9 4.9

Total Debt 3,514.5 3,683.3 3,707.3 3,808.3 3,893.2

Equity

Total common equity 10,820.0 10,383.8 9,938.3 10,164.2 10,209.0

Accumulated other comprehensive income (AOCI) 1,950.0 2,087.8 3,452.8 3,710.7 3,701.5

Total ING U.S. Inc. Shareholders’ Equity 12,770.0 12,471.6 13,391.1 13,874.9 13,910.5

Total Equity (Excluding AOCI) 10,820.0 10,383.8 9,938.3 10,164.2 10,209.0

Capital

Total Capitalization 16,284.5 16,154.9 17,098.4 17,683.2 17,803.7

Total Capitalization (Excluding AOCI) 14,334.5 14,067.1 13,645.6 13,972.5 14,102.2

Debt to Capital

Debt to Capital 21.6% 22.8% 21.7% 21.5% 21.9%

Debt to Capital (Excluding AOCI) 24.5% 26.2% 27.2% 27.3% 27.6%

R Certain items have been reclassified to conform with current period presentation

page 18 of 70

ING U.S.

Consolidated Assets Under Management/Assets Under Administration

(in millions USD)

Total

Institutional/ AUM—Assets Under AUA—Assets Under

Balances as of September 30, 2013 General Account Separate Account Mutual Funds Management Administration Total AUM + AUA

Retirement (1) 28,088.3 54,932.9 17,395.9 100,417.1 227,841.9 328,259.0

Annuities (2) 22,508.2 793.2 3,077.8 26,379.2 — 26,379.2

Retirement Solutions 50,596.5 55,726.1 20,473.7 126,796.3 227,841.9 354,638.2

Investment Management 80,260.3 43,547.1 71,897.9 195,705.3 55,843.7 251,549.0

Insurance

Individual Life (3) 13,257.4 2,590.3 — 15,847.7 — 15,847.7

Employee Benefits 1,753.6 15.2 — 1,768.8 — 1,768.8

Insurance Solutions 15,011.0 2,605.5 — 17,616.5 — 17,616.5

Eliminations (70,877.4) (41,072.3) (9,217.2) (121,166.9) (56,848.9) (178,015.8)

Total Ongoing Business 74,990.4 60,806.4 83,154.4 218,951.2 226,836.7 445,787.9

Closed Block Variable Annuity 1,379.7 43,047.2 — 44,426.9 — 44,426.9

Closed Block Institutional Spread Products 3,336.8 —— 3,336.8 — 3,336.8

Closed Block Other 553.4 —— 553.4 — 553.4

Total AUM and AUA 80,260.3 103,853.6 83,154.4 267,268.3 226,836.7 494,105.0

(1) Retirement AUM include wrapped funds as well as unwrapped IIM-managed funds

(2) Annuities AUM includes Payout annuities

(3) Individual Life AUM includes assets backing interest and non-interest sensitive products

Page 19 of 70

ING U.S. Retirement

Page 20 of 70

ING U.S.

Retirement Sources of Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sources of operating earnings before income taxes:

Investment spread and other investment income (1) 181.3 179.5 183.3 169.1 175.1 544.1 504.4

Fee based margin 209.7 205.5 199.0 198.0 196.3 614.2 578.0

Net underwriting gain (loss) and other revenue 0.4 (3.0) (6.0) (10.5) (1.5) (8.6) (13.5)

Administrative expenses (171.8) (174.6) (170.0) (170.8) (167.3) (516.4) (524.7)

Trail commissions (31.4) (31.9) (29.9) (31.1) (27.9) (93.2) (85.0)

DAC/VOBA and other intangibles amortization, excluding

unlocking (1) (45.2) (42.0) (41.6) (37.6) (45.2) (128.8) (133.5)

DAC/VOBA and other intangibles unlocking (1) 44.3 (1.4) 3.0 (8.9) 15.9 45.9 14.7

Operating earnings before income taxes 187.3 132.1 137.8 108.2 145.4 457.2 340.4

Gross investment income

Fixed income 356.9 364.7 356.3 370.7 360.3 1,077.9 1,073.4

Limited partnership income (0.1) 1.9 2.3 (2.0) (0.3) 4.1 5.4

Prepayment fee income 2.9 7.9 10.2 1.1 6.0 21.0 16.6

Total gross investment income 359.7 374.5 368.8 369.8 366.0 1,103.0 1,095.4

Investment expenses (14.1) (14.7) (14.2) (14.7) (13.2) (43.0) (40.2)

Credited interest (207.5) (203.6) (199.9) (204.7) (201.1) (611.0) (595.5)

Net margin 138.1 156.2 154.7 150.5 151.7 449.0 459.7

Other investment income(1) (2) 43.2 23.3 28.6 18.5 23.3 95.1 44.7

Investment spread and other investment income 181.3 179.5 183.3 169.1 175.1 544.1 504.4

Fee based margin

Fee based margin—excluding Recordkeeping 152.6 145.3 139.2 135.6 133.2 437.1 395.1

Fee based margin—Recordkeeping 57.1 60.3 59.8 62.2 63.1 177.2 182.9

Fee based margin 209.7 205.5 199.0 198.0 196.3 614.2 578.0

Recordkeeping

Revenue 57.1 60.3 59.8 62.2 63.1 177.2 182.9

Expenses (53.0) (53.7) (53.1) (56.0) (56.7) (159.8) (171.9)

Operating earnings—Recordkeeping 4.1 6.6 6.7 6.2 6.4 17.4 11.0

(1) The 9/30/13 period includes $14.8 million of net investment income, $(6.4) million of DAC/VOBA and other intangibles amortization, and

$4.3 million of DAC/VOBA and other intangibles unlocking from Lehman Recovery/LIHTC.

(2) Includes investment income on assets backing surplus that has been allocated from the corporate segment and income from policy loans

Page 21 of 70

ING U.S.

Retirement Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) 394.5 388.8 388.9 380.1 384.5 1,172.2 1,119.8

Fee income 191.0 189.0 183.8 182.7 181.6 563.8 532.3

Premiums 0.7 3.8 0.5 0.9 0.5 5.0 4.0

Other revenue 20.7 15.3 10.0 6.8 15.5 46.0 45.3

Total operating revenues 606.9 596.9 583.2 570.5 582.1 1,787.0 1,701.4

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (213.5) (212.1) (204.6) (212.9) (210.5) (630.2) (629.3)

Operating expenses (205.8) (210.0) (204.0) (204.6) (198.8) (619.8) (620.3)

Net amortization of DAC/VOBA (0.3) (42.7) (36.8) (44.7) (27.1) (79.8) (110.3)

Interest expense — —— (0.1) (0.3) — (1.1)

Total operating benefits and expenses (419.6) (464.8) (445.4) (462.3) (436.7) (1,329.8) (1,361.0)

Operating earnings before income taxes 187.3 132.1 137.8 108.2 145.4 457.2 340.4

Page 22 of 70

ING U.S.

Retirement AUM/AUA

Balances as of

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Assets under management by product group

Corporate markets 37,677.7 35,916.3 35,441.2 33,265.9 32,609.4

Tax-exempt markets 51,183.9 49,451.5 49,269.4 46,986.1 46,226.6

Total full service plans 88,861.6 85,367.8 84,710.6 80,252.0 78,836.0

Stable value 8,705.0 8,406.9 8,279.7 7,792.1 6,473.1

Individual markets 2,850.5 2,702.4 2,612.0 2,427.1 2,359.4

Total AUM 100,417.1 96,477.1 95,602.3 90,471.2 87,668.5

AUA 227,841.9 220,739.5 223,034.6 213,675.5 215,513.6

Total AUM and AUA 328,259.0 317,216.6 318,636.9 304,146.7 303,182.1

Assets under management by fund group

General account 28,088.3 27,700.9 27,387.8 27,222.6 26,634.6

Guaranteed separate account 8,092.5 8,027.0 8,287.8 8,273.9 7,315.8

Non-guaranteed separate account 46,840.4 44,582.7 44,229.0 41,151.5 40,589.4

Mutual Funds/Institutional Funds 17,395.9 16,166.5 15,697.7 13,823.2 13,128.7

Total AUM 100,417.1 96,477.1 95,602.3 90,471.2 87,668.5

AUA 227,841.9 220,739.5 223,034.6 213,675.5 215,513.6

Total AUM and AUA 328,259.0 317,216.6 318,636.9 304,146.7 303,182.1

Page 23 of 70

ING U.S.

Retirement AUM Rollforward

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Full service—Corporate markets

Assets under management, beginning of period 35,916.3 35,441.2 33,265.9 32,609.4 31,143.9 33,265.9 29,134.5

Transfer/Single deposits 596.5 529.6 689.7 739.7 529.3 1,815.8 1,536.4

Recurring deposits 883.5 918.4 1,021.7 781.0 840.9 2,823.6 2,683.3

Deposits 1,480.0 1,448.0 1,711.4 1,520.7 1,370.2 4,639.4 4,219.7

Surrenders, benefits, and product charges (1,553.6) (1,190.4) (1,332.5) (1,319.1) (1,262.2) (4,076.5) (3,680.7)

Net Flows (73.6) 257.6 378.9 201.6 108.0 562.9 539.0

Interest credited and investment performance 1,835.0 217.5 1,796.4 455.0 1,357.4 3,848.9 2,935.9

Assets under management, end of period 37,677.7 35,916.3 35,441.2 33,265.9 32,609.4 37,677.7 32,609.4

Full service—Tax-exempt markets

Assets under management, beginning of period 49,451.5 49,269.4 46,986.1 46,226.6 44,705.9 46,986.1 42,691.3

Transfer/Single deposits 335.0 356.0 642.0 410.5 388.3 1,333.0 947.7

Recurring deposits 691.0 805.6 772.9 740.5 686.5 2,269.5 2,234.9

Deposits 1,026.0 1,161.6 1,414.9 1,151.0 1,074.8 3,602.5 3,182.6

Surrenders, benefits, and product charges (1,101.8) (1,261.9) (962.7) (903.3) (990.7) (3,326.4) (2,867.1)

Net Flows (75.8) (100.3) 452.2 247.7 84.1 276.1 315.5

Interest credited and investment performance 1,808.2 282.4 1,831.1 511.9 1,436.6 3,921.7 3,219.8

Assets under management, end of period 51,183.9 49,451.5 49,269.4 46,986.1 46,226.6 51,183.9 46,226.6

Stable value (1)

Assets under management, beginning of period 8,406.9 8,279.7 7,792.1 6,473.1 6,137.5 7,792.1 5,560.9

Transfer/Single deposits 336.8 207.9 518.7 1,320.1 268.6 1,063.4 920.0

Recurring deposits 63.4 195.3 71.3 61.8 41.0 330.0 296.1

Deposits 400.2 403.2 590.0 1,381.9 309.6 1,393.4 1,216.1

Surrenders, benefits, and product charges (81.4) (212.4) (108.9) (97.1) (69.1) (402.7) (529.2)

Net Flows 318.8 190.8 481.1 1,284.8 240.5 990.7 686.8

Interest credited and investment performance (20.7) (63.6) 6.6 34.3 95.2 (77.7) 225.4

Assets under management, end of period 8,705.0 8,406.9 8,279.7 7,792.1 6,473.1 8,705.0 6,473.1

Individual markets

Assets under management, beginning of period 2,702.4 2,612.0 2,427.1 2,359.4 2,227.1 2,427.1 2,091.1

Transfer/Single deposits 12.2 14.6 14.2 72.4 126.5 41.0 356.8

Recurring deposits 0.2 0.5 0.4 0.1 0.1 1.1 0.6

Deposits 12.4 15.1 14.6 72.5 126.6 42.1 357.4

Surrenders, benefits, and product charges 52.5 78.3 92.6 (25.0) (51.3) 223.4 (214.7)

Net Flows 64.9 93.4 107.2 47.5 75.3 265.5 142.7

Interest credited and investment performance 83.2 (3.0) 77.6 20.3 57.0 157.8 125.6

Assets under management, end of period 2,850.5 2,702.4 2,612.0 2,427.1 2,359.4 2,850.5 2,359.4

Total AUM (2)

Assets under management, beginning of period 96,477.1 95,602.3 90,471.2 87,668.5 84,214.4 90,471.2 79,477.7

Transfer/Single deposits 1,280.5 1,108.1 1,864.6 2,542.6 1,312.8 4,253.2 3,761.1

Recurring deposits 1,638.1 1,919.9 1,866.3 1,583.4 1,568.6 5,424.3 5,215.0

Deposits 2,918.6 3,028.0 3,730.9 4,126.0 2,881.4 9,677.5 8,976.1

Surrenders, benefits, and product charges (2,684.3) (2,586.4) (2,311.5) (2,344.6) (2,373.4) (7,582.2) (7,291.7)

Net Flows 234.3 441.6 1,419.4 1,781.4 508.0 2,095.3 1,684.4

Interest credited and investment performance 3,705.7 433.2 3,711.7 1,021.5 2,946.1 7,850.6 6,506.4

Assets under management, end of period 100,417.1 96,477.1 95,602.3 90,471.2 87,668.5 100,417.1 87,668.5

(1) Where ING U.S. is the Investment Manager

(2) Excludes Recordkeeping and Stable Value where ING U.S. is not the Investment Manager

Page 24 of 70

ING U.S. Annuities

Page 25 of 70

ING U.S.

Annuities Sources of Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sources of operating earnings before income taxes:

Investment spread and other investment income (1) 127.9 115.4 113.4 118.8 106.6 356.7 320.0

Fee based margin 12.1 11.3 10.5 10.1 9.3 33.9 26.3

Net underwriting gain (loss) and other revenue 2.3 4.4 7.2 5.6 2.2 13.9 9.2

Administrative expenses (22.5) (23.2) (21.9) (21.7) (23.5) (67.6) (68.4)

Trail commissions (8.9) (8.6) (8.8) (8.4) (8.2) (26.3) (24.5)

DAC/VOBA and other intangibles amortization, excluding

unlocking (1) (57.9) (49.7) (53.1) (53.7) (40.9) (160.7) (124.9)

DAC/VOBA and other intangibles unlocking (1) 43.8 9.9 7.0 (44.4) (12.9) 60.7 (41.8)

Operating earnings before income taxes 96.8 59.5 54.3 6.3 32.6 210.6 95.9

Gross investment income

Fixed income 259.1 258.3 267.6 278.5 273.4 785.0 865.6

Limited partnership income 1.3 5.1 1.6 0.7 0.7 8.0 8.5

Prepayment fee income 6.3 11.1 5.8 10.1 5.3 23.2 19.0

Total gross investment income 266.7 274.5 275.0 289.3 279.4 816.2 893.1

Investment expenses (10.5) (11.2) (10.9) (11.4) (11.2) (32.6) (32.8)

Credited interest (168.1) (167.8) (173.7) (179.7) (184.7) (509.6) (603.4)

Net margin 88.1 95.5 90.4 98.2 83.5 274.0 256.9

Other investment income (1) (2) 39.9 19.9 22.9 20.6 23.2 82.7 63.1

Investment spread and other investment income 127.9 115.4 113.4 118.8 106.6 356.7 320.0

(1) The 9/30/13 period includes $19.0 million of net investment income, $(10.5) million of DAC/VOBA and other intangibles amortization, and

$4.2 million of DAC/VOBA and other intangibles unlocking from Lehman Recovery/LIHTC.

(2) Includes investment income on assets backing surplus that has been allocated from the corporate segment and income from policy loans

Page 26 of 70

ING U.S.

Annuities Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) 295.9 283.5 287.1 298.4 291.7 866.5 924.9

Fee income 11.8 11.2 9.9 10.4 9.5 32.9 25.1

Premiums 7.5 6.7 7.8 6.3 6.1 22.0 29.6

Other revenue 3.9 2.6 2.8 2.3 2.4 9.3 10.0

Total operating revenues 319.1 304.0 307.6 317.4 309.7 930.7 989.6

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (182.2) (183.9) (184.4) (192.3) (200.3) (550.5) (661.8)

Operating expenses (31.7) (32.2) (31.0) (30.3) (32.1) (94.9) (94.4)

Net amortization of DAC/VOBA (8.4) (28.4) (37.9) (88.4) (44.6) (74.7) (137.1)

Interest expense — —— (0.1) (0.1) — (0.4)

Total operating benefits and expenses (222.3) (244.5) (253.3) (311.1) (277.1) (720.1) (893.7)

Operating earnings before income taxes 96.8 59.5 54.3 6.3 32.6 210.6 95.9

Page 27 of 70

ING U.S. Annuities AUM

Balances as of

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Assets Under Management

Fixed single year 3,985.4 4,104.1 4,204.7 4,273.7 4,367.6

Fixed multi-year 3,608.1 3,748.6 3,853.0 3,949.3 4,133.7

Indexed 12,494.9 12,362.8 12,255.3 12,209.2 12,167.0

SPIA & Payout 2,760.4 2,762.9 2,794.8 2,806.6 2,851.1

Other annuities 452.6 438.9 444.7 428.7 440.8

Mutual funds 3,077.8 2,816.2 2,675.5 2,433.6 2,291.7

Total AUM 26,379.2 26,233.5 26,228.0 26,101.1 26,251.9

Assets Under Management

General account 22,508.2 22,647.3 22,772.4 22,915.8 23,185.7

Separate account 793.2 770.0 780.1 751.7 774.5

Mutual funds 3,077.8 2,816.2 2,675.5 2,433.6 2,291.7

Total AUM 26,379.2 26,233.5 26,228.0 26,101.1 26,251.9

Page 28 of 70

ING U.S.

Annuities AUM Rollforward

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Annual Reset Annuities/Multi-Year Guaranteed Annuities

Assets Under Management, beginning of period 7,852.7 8,057.7 8,222.9 8,501.3 9,009.1 8,222.9 10,599.1

Deposits 14.5 16.5 12.2 17.3 10.1 43.2 44.3

Surrenders, benefits, and product charges (346.9) (300.6) (254.0) (376.9) (602.9) (901.5) (2,435.6)

Net cash flow (332.4) (284.1) (241.8) (359.6) (592.8) (858.3) (2,391.3)

Interest credited and investment performance 73.2 79.1 76.6 81.2 85.0 228.9 293.5

Assets Under Management, end of period 7,593.5 7,852.7 8,057.7 8,222.9 8,501.3 7,593.5 8,501.3

Fixed Indexed Annuities

Assets Under Management, beginning of period 12,362.8 12,255.3 12,209.2 12,167.0 12,122.8 12,209.2 12,080.9

Deposits 334.8 286.7 245.9 285.0 296.7 867.4 905.4

Surrenders, benefits, and product charges (327.3) (332.8) (288.9) (341.2) (355.2) (949.0) (1,050.8)

Net cash flow 7.6 (46.2) (43.1) (56.1) (58.5) (81.7) (145.4)

Interest credited and investment performance 124.6 153.7 89.1 98.4 102.7 367.3 231.4

Assets Under Management, end of period 12,494.9 12,362.8 12,255.3 12,209.2 12,167.0 12,494.9 12,167.0

SPIA & Payout

Assets Under Management, beginning of period 2,762.9 2,794.8 2,806.6 2,851.0 2,847.5 2,806.6 2,831.0

Deposits 51.1 37.2 39.8 38.7 57.4 128.1 204.3

Surrenders, benefits, and product charges (110.6) (107.7) (101.0) (112.7) (109.5) (319.3) (328.2)

Net cash flow (59.5) (70.5) (61.3) (74.0) (52.1) (191.2) (123.9)

Interest credited and investment performance 57.0 38.5 49.5 29.6 55.6 145.0 143.9

Assets Under Management, end of period 2,760.4 2,762.9 2,794.8 2,806.6 2,851.0 2,760.4 2,851.0

Mutual Fund Custodial

Assets Under Management, beginning of period 2,816.2 2,675.5 2,433.5 2,291.7 2,092.2 2,433.5 1,761.3

Deposits 270.6 283.1 255.4 213.6 202.8 809.1 639.0

Surrenders, benefits, and product charges (133.8) (114.2) (115.3) (106.9) (97.1) (363.3) (284.7)

Net cash flow 136.8 168.9 140.1 106.7 105.7 445.8 354.3

Interest credited and investment performance 124.8 (28.1) 101.8 35.1 93.7 198.4 176.1

Assets Under Management, end of period 3,077.8 2,816.2 2,675.5 2,433.5 2,291.7 3,077.8 2,291.7

Other Annuities

Assets Under Management, beginning of period 438.9 444.7 428.7 440.8 425.1 428.7 417.8

Deposits 0.6 1.1 1.6 1.2 1.0 3.3 5.0

Surrenders, benefits, and product charges (14.1) (13.0) (15.8) (14.7) (10.7) (42.9) (34.9)

Net cash flow (13.5) (11.8) (14.3) (13.5) (9.7) (39.6) (29.9)

Interest credited and investment performance 27.2 6.1 30.3 1.4 25.4 63.5 52.9

Assets Under Management, end of period 452.6 438.9 444.7 428.7 440.8 452.6 440.8

Annuities—Total

Assets Under Management, beginning of period 26,233.5 26,228.0 26,101.1 26,251.9 26,496.7 26,101.1 27,690.2

Deposits 671.7 624.6 554.8 555.7 568.0 1,851.1 1,798.0

Surrenders, benefits, and product charges (932.7) (868.3) (775.1) (951.8) (1,175.3) (2,576.1) (4,134.1)

Net cash flow (261.0) (243.7) (220.3) (396.1) (607.3) (725.0) (2,336.1)

Interest credited and investment performance 406.7 249.2 347.3 245.2 362.5 1,003.1 897.8

Assets Under Management, end of period 26,379.2 26,233.5 26,228.0 26,101.1 26,251.9 26,379.2 26,251.9

Page 29 of 70

ING U.S.

Investment Management

Page 30 of 70

ING U.S.

Investment Management Sources of Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sources of operating earnings before income

taxes:

Investment capital and other investment income (1) 16.8 6.2 2.6 5.3 16.7 25.6 34.6

Fee based margin 143.3 142.4 129.3 137.2 125.5 415.0 368.4

Administrative expenses (106.1) (107.5) (101.8) (111.3) (103.1) (315.4) (299.7)

Operating earnings before income taxes 54.0 41.1 30.1 31.2 39.1 125.2 103.3

(1) The 9/30/13 period includes $11.5 million of net investment income from Lehman

Recovery/LIHTC.

Page 31 of 70

ING U.S.

Investment Management Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) 16.4 6.1 2.8 5.6 17.3 25.3 36.0

Fee income 135.4 132.3 121.7 122.6 120.1 389.4 352.1

Other revenue 8.3 10.2 7.4 14.3 4.8 25.9 14.9

Total operating revenues 160.1 148.6 131.9 142.5 142.2 440.6 403.0

Operating benefits and expenses

Operating expenses (106.1) (107.5) (101.8) (111.3) (103.1) (315.4) (299.7)

Total operating benefits and expenses (106.1) (107.5) (101.8) (111.3) (103.1) (315.4) (299.7)

Operating earnings before income taxes 54.0 41.1 30.1 31.2 39.1 125.2 103.3

Page 32 of 70

ING U.S.

Investment Management Key Metrics

Balances as of Balances as of

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Client Assets by Source:

External clients

Investment Management sourced 63,275.4 60,643.9 58,002.1 54,061.9 50,761.4 63,275.4 50,761.4

Affiliate sourced 52,169.5 49,404.6 49,658.0 47,284.6 46,376.8 52,169.5 46,376.8

Subtotal external clients 115,445.0 110,048.5 107,660.1 101,346.5 97,138.2 115,445.0 97,138.2

General Account (1) 80,260.3 80,275.3 79,965.9 80,404.8 80,082.1 80,260.3 80,082.1

Total Client Assets (AUM) 195,705.3 190,323.8 187,626.0 181,751.3 177,220.3 195,705.3 177,220.3

Administration Only Assets (AUA) 55,843.7 55,294.2 55,732.5 54,695.5 54,723.3 55,843.7 54,723.3

Total AUM and AUA 251,549.0 245,618.0 243,358.5 236,446.8 231,943.6 251,549.0 231,943.6

Three Months Ended Year to Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Analysis of investment advisory and administrative

revenues, net, by source: (2)

External clients

Investment Management sourced 69.4 68.2 58.0 58.2 56.0 195.6 164.5

Affiliate sourced 25.8 23.5 22.1 21.9 21.4 71.4 60.2

Subtotal External Clients 95.2 91.7 80.1 80.1 77.4 267.0 224.7

General Account 36.2 36.2 36.8 37.0 37.6 109.2 111.5

Total investment advisory and administrative revenues,

net, from AUM 131.4 127.9 116.9 117.1 115.0 376.2 336.2

Administration Only Fees 4.0 4.4 4.8 5.5 5.1 13.2 15.9

Total investment advisory and administrative revenues,

net, by source (2) 135.4 132.3 121.7 122.6 120.1 389.4 352.1

Revenue Yield (bps): (2) (3)

External clients

Investment Management sourced 44.7 45.6 41.5 44.6 45.1 44.0 44.1

Affiliate sourced 20.5 18.9 18.3 18.7 19.0 19.2 18.6

Revenue Yield on Institutional/retail 33.8 33.5 30.8 32.3 32.6 32.7 32.3

General Account 18.0 18.1 18.3 18.5 18.8 18.2 18.9

Revenue Yield on Client Assets (AUM) 27.3 27.0 25.3 26.1 26.3 26.6 26.1

Revenue Yield on Administration Only Assets (AUA) 2.9 3.1 3.5 4.1 3.7 3.2 3.8

Total Revenue Yield on AUM and AUA (bps) (2) (3) 21.8 21.6 20.3 21.0 20.9 21.2 20.6

(1) General Account assets reported on a Statutory Book Value billing basis consistent with revenues earned.

(2) Measures used by management to evaluate ongoing business performance, allowing for more appropriate comparisons with industry peers.

(3) Revenue Yields calculated using average client assets for the period.

Page 33 of 70

ING U.S.

Investment Management Account Rollforward by Source

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

AUM Roll-forward By Source

Investment Management Sourced

Beginning AUM 60,643.9 58,002.1 54,061.9 50,761.4 48,879.7 54,061.9 49,391.8

Inflows

Inflows from sub-advisor replacements —— 197.6 481.3 — 197.6 -

Inflows-other 3,875.4 5,760.6 4,598.0 5,536.4 2,732.9 14,234.0 7,342.0

Outflows (3,160.6) (2,615.4) (2,164.9) (2,255.5) (2,403.7) (7,940.9) (7,164.4)

Net Flows 714.9 3,145.2 2,630.7 3,762.2 329.2 6,490.8 177.6

Net Money Market Flows 5.1 (21.5) (3.2) 5.6 11.1 (19.6) (30.0)

Change in Market Value 1,801.8 (513.0) 1,728.2 635.5 1,580.0 3,016.9 3,855.3

Other (Including Acquisitions / Divestitures) 109.8 31.1 (415.5) (1,102.8) (38.6) (274.7) (2,633.3)

Investment Management sourced AUM End of Period 63,275.4 60,643.9 58,002.1 54,061.9 50,761.4 63,275.4 50,761.4

Organic Growth (Long Term Net Flows / Beginning of Period AUM) 1.18% 5.42% 4.87% 7.41% 0.67% 12.01% 0.36%

Market Growth % 2.97% -0.88% 3.20% 1.25% 3.23% 5.58% 7.81%

Affiliate Sourced

Beginning AUM 49,404.6 49,658.0 47,284.6 46,376.8 42,563.9 47,284.6 37,851.8

Inflows

Inflows from sub-advisor replacements 869.8 537.0 447.1 125.2 2,404.2 1,853.9 6,314.0

Inflows-other 1,849.6 1,024.1 1,579.6 2,311.6 1,081.7 4,453.3 3,591.9

Outflows (1,600.8) (1,606.7) (1,479.9) (1,716.5) (1,294.1) (4,687.4) (4,720.4)

Net Flows 1,118.6 (45.6) 546.8 720.3 2,191.8 1,619.8 5,185.5

Net Money Market Flows (21.1) 39.8 (226.2) 20.4 (75.7) (207.5) (355.1)

Change in Market Value 2,088.5 10.4 2,111.2 230.2 1,861.6 4,210.1 3,699.7

Other (Including Acquisitions / Divestitures) (421.0) (258.0) (58.5) (63.0) (164.8) (737.4) (5.1)

Affiliate sourced AUM End of Period 52,169.5 49,404.6 49,658.0 47,284.6 46,376.8 52,169.5 46,376.8

Organic Growth (Long Term Net Flows / Beginning of Period AUM) 2.26% -0.09% 1.16% 1.55% 5.15% 3.43% 13.70%

Market Growth % 4.23% 0.02% 4.46% 0.50% 4.37% 8.90% 9.77%

Other affiliate sourced net flows 1,722.3 572.2 1,040.4 1,365.7 2,645.3 3,335.1 6,433.2

Variable annuity net flows (603.8) (617.8) (493.6) (645.4) (453.6) (1,715.2) (1,247.8)

Total affiliate sourced net flows 1,118.6 (45.6) 546.8 720.3 2,191.7 1,619.8 5,185.4

Investment Management sourced net flows 714.9 3,145.2 2,630.7 3,762.2 329.2 6,490.8 177.6

Total net flows 1,833.5 3,099.6 3,177.5 4,482.5 2,520.9 8,110.6 5,363.0

Page 34 of 70

ING U.S.

Investment Management Account Value by Asset Type

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

(in millions USD)

Institutional

Equity 16,934.3 15,645.2 14,644.1 13,769.5 12,161.7

Fixed Income 35,223.5 34,034.0 32,246.4 29,894.4 28,402.5

Real Estate —— — — —

Money Market 27.2 18.9 17.1 33.3 30.2

Total 52,185.0 49,698.1 46,907.6 43,697.2 40,594.4

Retail

Equity 38,963.8 36,162.9 36,199.9 33,315.3 33,044.2

Fixed Income 15,191.3 15,208.2 15,459.7 15,406.2 15,074.2

Real Estate 6,801.5 6,660.2 6,794.1 6,401.3 5,921.6

Money Market 2,303.4 2,319.1 2,298.7 2,526.5 2,503.8

Total 63,260.0 60,350.4 60,752.4 57,649.3 56,543.8

General Account

Equity 292.6 356.5 R 360.5 R 443.6 R 466.9 R

Fixed Income 78,097.5 78,137.2 R 76,389.0 R 75,765.4 R 76,953.3 R

Real Estate —— — — —

Money Market 1,870.2 1,781.6 3,216.4 4,195.8 2,661.9

Total 80,260.3 80,275.3 79,965.9 80,404.8 80,082.1

Combined Asset Type

Equity 56,190.9 52,164.6 R 51,204.6 R 47,528.4 R 45,672.8 R

Fixed Income 128,512.2 127,379.4 R 124,095.1 R 121,066.0 R 120,430.0 R

Real Estate 6,801.5 6,660.2 6,794.1 6,401.3 5,921.6

Money Market 4,200.7 4,119.6 5,532.2 6,755.6 5,195.9

Total 195,705.3 190,323.8 187,626.0 181,751.3 177,220.3

R Certain items have been reclassified to conform with current period presentation

Page 35 of 70

ING U.S. Individual Life

Page 36 of 70

ING U.S.

Individual Life Sources of Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sources of operating earnings before income

taxes:

Investment spread and other investment income (1) 95.1 48.2 52.4 38.8 59.6 195.7 188.9

Fee based margin 4.6 5.0 4.8 4.7 4.9 14.4 14.8

Net underwriting gain (loss) and other revenue 119.9 115.8 115.9 146.4 130.5 351.6 349.0

Administrative expenses (64.0) (69.8) (67.0) (76.6) (76.6) (200.8) (230.4)

Trail commissions (4.8) (5.9) (7.7) (6.1) (8.4) (18.4) (24.4)

DAC/VOBA and other intangibles amortization,

excluding unlocking (1) (70.2) (48.4) (44.9) (57.2) (60.2) (163.5) (155.1)

DAC/VOBA and other intangibles unlocking (1) 36.4 (4.9) (2.7) 4.6 3.4 28.8 (1.2)

Operating earnings before income taxes 117.0 40.0 50.8 54.6 53.2 207.8 141.6

Gross Investment Income

Fixed income 208.6 204.2 203.2 202.2 222.0 616.0 668.4

Limited partnership income 0.7 3.9 1.5 (1.2) (0.1) 6.1 2.4

Prepayment fee income 3.6 3.1 7.7 4.4 0.6 14.4 9.0

Total gross investment income 212.9 211.2 212.4 205.4 222.5 636.5 679.8

Investment expenses (5.8) (5.7) (5.4) (5.4) (5.8) (16.9) (17.9)

Credited interest (162.5) (163.8) (162.3) (166.1) (163.1) (488.6) (483.4)

Net margin 44.6 41.7 44.7 33.9 53.6 131.0 178.5

Other investment income (1) (2) 50.6 6.5 7.6 4.8 5.8 64.7 10.4

Investment spread and other investment income 95.1 48.2 52.4 38.8 59.6 195.7 188.9

Net underwriting gain (loss) and other revenue

Fee Revenue/Premiums 499.3 500.1 488.4 503.4 498.2 1,487.8 1,494.3

Net Mortality, including Reinsurance (283.9) (293.4) (301.8) (261.7) (272.1) (879.1) (829.2)

Reserve Change/Other (95.5) (90.9) (70.7) (95.5) (95.6) (257.1) (316.1)

Total net underwriting gain (loss) and other

revenue 119.9 115.8 115.9 146.4 130.5 351.6 349.0

(1) The 9/30/13 period includes $43.4 million of net investment income, $(23.0) million of DAC/VOBA and other intangibles amortization, and

$16.2 million of DAC/VOBA and other intangibles unlocking from Lehman Recovery/LIHTC.

(2) Includes investment income on assets backing surplus that has been allocated from the corporate segment and income from policy loans

Page 37 of 70

ING U.S.

Individual Life Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) 258.7 215.4 216.9 213.1 229.7 691.0 700.7

Fee income 278.4 280.0 276.8 282.0 262.4 835.2 833.7

Premiums 174.7 192.1 185.8 191.7 180.0 552.6 546.1

Other revenue 5.3 7.3 7.6 7.4 6.4 20.2 19.2

Total operating revenues 717.1 694.8 687.1 694.2 678.5 2,099.0 2,099.7

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (468.7) (512.4) (501.6) (489.1) (509.5) (1,482.7) (1,545.3)

Operating expenses (83.9) (94.6) (90.9) (101.0) (97.1) (269.4) (289.5)

Net amortization of DAC/VOBA (47.5) (47.6) (42.9) (47.7) (16.6) (138.0) (114.6)

Interest expense — (0.2) (0.9) (1.8) (2.1) (1.1) (8.7)

Total operating benefits and expenses (600.1) (654.8) (636.3) (639.6) (625.3) (1,891.2) (1,958.1)

Operating earnings before income taxes 117.0 40.0 50.8 54.6 53.2 207.8 141.6

Page 38 of 70

ING U.S.

Individual Life Key Metrics

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sales by Product Line

Guaranteed 0.1 — 0.5 7.7 18.2 0.6 65.0

Accumulation 2.8 3.9 4.0 5.4 6.9 10.7 19.9

Indexed 5.8 6.6 6.8 11.8 8.1 19.2 21.7

Total Universal life 8.7 10.5 11.3 24.9 33.2 30.5 106.6

Variable life 2.8 2.4 2.7 1.6 2.3 7.9 4.7

Term 11.2 13.9 15.2 19.2 28.2 40.3 97.1

Whole life 0.1 ———— 0.1 -

Total sales by product line 22.8 26.8 29.2 45.7 63.7 78.8 208.4

Sales by Distribution

Independent life sales 13.3 17.2 19.1 32.1 49.4 49.6 160.4

Strategic distribution 5.8 5.3 5.4 8.5 7.2 16.5 23.6

Alternative and specialty markets 3.7 4.3 4.7 5.1 7.3 12.7 24.4

Total sales by distribution 22.8 26.8 29.2 45.7 63.7 78.8 208.4

Gross premiums and deposits by product:

Interest sensitive 271.5 273.2 275.2 322.2 347.1 819.9 1,111.9

Non—interest sensitive 217.2 233.6 223.4 217.4 223.6 674.2 673.1

Total gross premiums and deposits 488.7 506.8 498.6 539.6 570.7 1,494.1 1,785.0

Applications

New business policy count (Paid) 11,904 15,290 16,137 20,471 29,072 43,331 99,465

End of Period:

In-force face amount (by product)

Universal life 78,901 79,505 79,969 80,685 80,456 78,901 80,456

Variable life 28,679 29,153 29,642 30,182 30,761 28,679 30,761

Term 496,935 497,596 496,919 494,760 491,263 496,935 491,264

Whole life 2,241 2,274 2,313 2,348 2,377 2,241 2,377

Total In-force Face 606,756 608,528 608,844 607,976 604,858 606,756 604,858

In-force policy count (in whole numbers)

Universal life 295,241 298,406 301,703 305,115 306,679 295,241 306,679

Variable life 67,887 69,135 70,364 71,589 72,783 67,887 72,783

Term 832,506 832,402 829,444 824,794 818,457 832,506 818,457

Whole life 144,274 146,425 148,767 151,346 153,960 144,274 153,960

Total Policy Counts 1,339,908 1,346,368 1,350,278 1,352,844 1,351,879 1,339,908 1,351,879

Assets under management

General account 13,257.4 13,190.7 13,089.6 12,910.4 12,828.3 13,257.4 12,828.3

Separate account 2,590.3 2,487.0 2,509.2 2,412.1 2,446.6 2,590.3 2,446.6

Total 15,847.7 15,677.7 15,598.8 15,322.5 15,274.9 15,847.7 15,274.9

Page 39 of 70

ING U.S.

Employee Benefits

Page 40 of 70

ING U.S.

Employee Benefits Sources of Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sources of operating earnings before income taxes:

Investment spread and other investment income (1) 16.3 11.7 12.0 10.4 13.8 40.0 38.7

Net underwriting gain (loss) and other revenue 76.3 86.9 62.8 80.6 82.9 226.0 228.0

Administrative expenses (39.9) (41.0) (39.6) (41.6) (40.2) (120.5) (124.0)

Trail commissions (18.7) (19.6) (19.7) (17.7) (16.7) (58.0) (51.8)

DAC/VOBA and other intangibles amortization, excluding

unlocking (4.9) (3.9) (3.1) (3.1) (3.7) (11.9) (10.1)

Operating earnings before income taxes 29.1 34.1 12.4 28.6 36.1 75.6 80.8

Gross Investment Income

Fixed income 25.3 24.7 26.1 24.8 26.7 76.1 80.5

Limited partnership income — 0.4 0.1 (0.2) — 0.5 0.4

Prepayment fee income 1.1 1.3 0.5 0.2 0.4 2.9 0.8

Total gross investment income 26.4 26.4 26.7 24.8 27.1 79.5 81.7

Investment expenses (0.8) (0.8) (0.9) (0.9) (0.9) (2.5) (2.8)

Credited interest (15.8) (16.1) (16.3) (16.6) (16.1) (48.2) (48.5)

Net margin 9.8 9.5 9.5 7.3 10.1 28.8 30.4

Other investment income (1) (2) 6.5 2.2 2.5 3.1 3.7 11.2 8.3

Investment spread and other investment income 16.3 11.7 12.0 10.4 13.8 40.0 38.7

Group life

Premiums 118.1 119.3 118.9 116.4 116.1 356.2 344.4

Benefits (97.0) (89.9) (101.5) (91.2) (89.5) (288.4) (263.3)

Other (3) (1.1) (2.6) (3.1) (3.4) (2.6) (6.7) (7.7)

Total 20.0 26.8 14.2 21.8 24.1 61.1 73.4

Loss Ratio (Interest adjusted) 82.1% 75.4% 85.4% 78.4% 77.1% 81.0% 76.5%

Group stop loss

Premiums 136.3 133.9 135.7 136.5 138.9 405.9 425.0

Benefits (99.3) (96.6) (105.4) (94.8) (97.7) (301.3) (314.7)

Other (3) (1.1) (0.3) (1.3) (0.7) (0.8) (2.7) (2.5)

Total 35.9 37.0 29.1 41.0 40.4 101.9 107.8

Loss Ratio 72.8% 72.1% 77.6% 69.5% 70.3% 74.2% 74.1%

Voluntary Benefits, Disability, and Other 20.5 23.1 19.4 17.6 18.4 62.9 46.9

Net underwriting gain (loss) and other revenue 76.3 86.9 62.8 80.6 82.9 226.0 228.0

(1) The 9/30/13 period includes $4.0 million of net investment income from Lehman Recovery/LIHTC.

(2) Includes investment income on assets backing surplus that has been allocated from the corporate segment.

(3) Other includes service fees, dividends, interest expenses, and other miscellaneous expenses. The Loss Ratio

calculation does not include Other.

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Employee Benefits Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) 32.1 27.9 28.4 27.0 30.0 88.4 87.3

Fee income 15.5 15.8 15.8 15.9 15.7 47.1 46.6

Premiums 269.6 269.0 274.9 271.6 265.8 813.5 806.5

Other revenue (1.0) (1.0) (1.0) (0.9) (1.0) (3.0) (2.8)

Total operating revenues 316.2 311.7 318.1 313.6 310.5 946.0 937.6

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (223.7) (213.2) (242.6) (220.9) (214.0) (679.5) (671.2)

Operating expenses (58.5) (60.5) (60.0) (60.7) (56.7) (179.0) (175.5)

Net amortization of DAC/VOBA (4.9) (3.9) (3.1) (3.4) (3.7) (11.9) (10.1)

Total operating benefits and expenses (287.1) (277.6) (305.7) (285.0) (274.4) (870.4) (856.8)

Operating earnings before income taxes 29.1 34.1 12.4 28.6 36.1 75.6 80.8

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ING U.S.

Employee Benefits Key Metrics

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Sales

Group life (Basic / Sup / AD&D) 7.3 1.6 44.0 2.0 13.0 52.9 45.9

Group stop loss 38.1 11.6 89.7 7.8 12.5 139.4 143.8

Disability 2.5 1.1 10.9 1.8 3.6 14.5 14.1

Association (Life, DI, PAI) 0.1 0.3 — 12.7 0.4 0.4 1.6

Other (PAI) 0.2 0.1 1.8 — 0.6 2.1 0.9

Total group products 48.2 14.7 146.4 24.3 30.1 209.3 206.3

Voluntary products 4.0 3.8 10.3 8.3 3.8 18.1 16.2

Total sales by product line 52.2 18.4 156.7 32.6 33.9 227.4 222.5

Total gross premiums and deposits 316.2 311.3 319.5 314.3 311.2 947.0 937.8

Total annualized in-force premiums 1,292.4 1,273.5 1,316.2 1,286.6 1,301.1 1,292.4 1,301.1

Assets under management (EOP)

General account 1,753.6 1,747.3 1,739.1 1,745.5 1,752.9 1,753.6 1,752.9

Separate account 15.2 14.8 14.7 14.0 14.3 15.2 14.3

Total 1,768.8 1,762.1 1,753.8 1,759.5 1,767.2 1,768.8 1,767.2

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Corporate Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Interest expense* (47.6) (43.2) (41.9) (39.2) (39.8) (132.7) (88.6)

Closed Block Variable Annuity contingent capital LOC — (5.6) (12.8) (13.1) (13.1) (18.4) (43.6)

Amortization of intangibles (8.7) (8.8) (8.8) (8.8) (8.8) (26.3) (26.2)

Other (7.4) 4.8 13.4 17.5 4.1 10.8 19.7

Operating earnings before income taxes (63.7) (52.8) (50.1) (43.6) (57.6) (166.6) (138.7)

* Including interest rate swap settlements and amortization of debt issuance costs

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ING U.S.

Closed Blocks (Variable Annuity and Other)

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ING U.S.

Closed Block ISP and Other Operating Earnings

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Closed Block Institutional Spread Products (1) 8.7 10.9 22.1 4.7 10.0 41.7 41.0

Closed Block Other (2) 5.8 7.1 (0.7) 19.1 11.8 12.2 44.9

Operating earnings before income taxes 14.5 18.0 21.4 23.8 21.8 53.9 85.9

Three Months Ended Year-to-Date

Closed Block Institutional Spread Products 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Operating revenues

Net investment income and net realized gains (losses) (1) 22.8 26.0 38.0 23.7 29.6 86.8 102.6

Fee income — —— 0.1 — — -

Premiums 0.6 0.6 0.6 0.6 0.5 1.8 1.7

Other revenue (0.3) (0.3) (0.3) (0.4) (0.2) (0.9) (1.1)

Total operating revenues 23.1 26.3 38.3 24.0 29.9 87.7 103.2

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders (11.9) (12.7) (13.5) (16.1) (16.6) (38.1) (51.4)

Operating expenses (2.4) (2.6) (2.6) (2.9) (2.6) (7.6) (8.6)

Net amortization of DAC/VOBA (0.1) (0.1) (0.1) (0.2) (0.1) (0.3) (0.4)

Interest expense — —— (0.1) (0.6) — (1.8)

Total operating benefits and expenses (14.4) (15.4) (16.2) (19.3) (19.9) (46.0) (62.2)

Operating earnings before income taxes 8.7 10.9 22.1 4.7 10.0 41.7 41.0

Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Closed Block Other

Operating revenues

Net investment income and net realized gains (losses) (2) 7.1 6.0 6.0 10.9 8.3 19.1 24.1

Fee income — —— — — — 0.1

Premiums 0.4 1.1 0.9 0.9 1.2 2.4 4.2

Other revenue 0.1 0.2 0.3 2.4 1.1 0.6 1.2

Total operating revenues 7.6 7.3 7.2 14.2 10.6 22.1 29.6

Operating benefits and expenses

Interest credited and other benefits to contract owners/policyholders 0.8 7.3 (6.8) 6.8 2.7 1.3 (3.0)

Operating expenses (2.6) (7.5) (1.1) (1.9) (1.5) (11.2) 18.3

Total operating benefits and expenses (1.8) (0.2) (7.9) 4.9 1.2 (9.9) 15.3

Operating earnings before income taxes 5.8 7.1 (0.7) 19.1 11.8 12.2 44.9

(1) The 9/30/13 period includes $(0.2) million of net investment (loss) from Lehman Recovery/LIHTC.

(2) The 9/30/13 period includes $0.8 million of net investment income from Lehman Recovery/LIHTC.

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ING U.S.

Closed Block Variable Annuity Income (Loss) before income taxes

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Revenues

Net investment income 28.8 20.9 18.4 17.2 12.2 68.1 35.5

Fee income 325.3 320.7 309.3 312.9 307.9 955.3 923.0

Premiums 38.8 ——— — 38.8 -

Net realized gains (losses) (463.0) (408.4) (776.4) (267.3) (283.0) (1,647.8) (1,115.5)

Other revenues and premiums 4.0 6.5 4.7 5.3 5.4 15.2 18.9

Total revenues (66.1) (60.3) (444.0) 68.1 42.5 (570.4) (138.1)

Benefits and expenses

Interest credited and other benefits to contract owners/policyholders 37.6 (144.3) 94.1 (107.6) 84.1 (12.6) (6.0)

Operating expenses and interest expense (119.2) (116.5) (112.2) (113.3) (113.3) (347.9) (337.1)

Net amortization of DAC/VOBA (19.7) (17.3) (15.0) (14.5) (12.5) (52.0) (43.8)

Total benefits and expenses (101.3) (278.1) (33.1) (235.4) (41.7) (412.5) (386.9)

Income (loss) before income taxes (167.4) (338.4) (477.1) (167.3) 0.8 (982.9) (525.0)

Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

The following table presents notable items that result in volatility in income (loss) before

income taxes:

Net gains (losses) related to incurred guaranteed benefits and guarantee hedge program,

excluding nonperformance risk (1) (366.3) (407.4) (453.9) (18.0) (449.7) (1,227.6) (840.3)

Gains (losses) related to CHO program (1) (40.7) (45.6) (158.5) 18.5 (146.2) (244.8) (369.5)

Gain (loss) due to nonperformance risk(1) 5.2 (121.3) (106.7) (401.4) 358.9 (222.8) (42.2)

Net investment gains (losses) (1) (3.7) 3.5 13.5 (0.6) (3.2) 13.3 27.2

DAC/VOBA and other intangibles unlocking and loss recognition (4.3) (1.8) (0.2) 0.3 2.8 (6.3) 1.5

(1) Amounts exclude net amortization of DAC/VOBA and other intangibles.

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Closed Block Variable Annuity Death and Living Benefits

Balances as of

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Death and living benefits-account value

GMAB/GMWB 957 970 1,043 1,048 1,119

GMIB 15,443 15,048 15,482 14,904 15,113

GMWBL 16,053 15,636 16,075 15,612 15,746

No living benefits 11,107 10,934 11,246 10,976 11,252

Total* 43,560 42,588 43,846 42,540 43,230

Net amount at risk (after reinsurance)

Total DB NAR 5,720 6,437 6,105 7,029 7,026

GMAB/GMWB 25 32 32 42 44

GMIB(1) 2,321 2,780 3,029 3,576 3,531

GMWBL(1) 700 960 1,293 1,703 1,837

Total LB NAR 3,046 3,772 4,354 5,321 5,412

*Excludes assets associated with Payout Reserves, Policy Loans, and Life Insurance Business

(1) GMIB and GMWBL values represent discounted net amount at risk

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ING U.S.

Closed Block Variable Annuity AUM Rollforward

Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

(in millions USD)

Balance as of beginning of period 43,359.3 44,546.6 43,198.4 43,842.2 42,843.4 43,198.4 42,645.5

Deposits 182.2 175.4 131.8 127.1 115.2 489.4 373.3

Surrenders, benefits, and product charges (1,117.1) (1,193.0) (1,075.6) (1,076.6) (953.3) (3,385.7) (2,942.7)

Net cash flow (934.9) (1,017.6) (943.9) (949.5) (838.1) (2,896.3) (2,569.4)

Interest credited and investment performance 2,002.5 (169.7) 2,292.0 305.7 1,836.9 4,124.8 3,766.1

Balance as of end of period* 44,426.9 43,359.3 44,546.6 43,198.4 43,842.2 44,426.9 43,842.2

Assets Under Management

General account 1,379.7 1,336.6 1,272.1 1,237.6 1,188.5 1,379.7 1,188.5

Separate account 43,047.2 42,022.7 43,274.5 41,960.8 42,653.7 43,047.2 42,653.7

Total* 44,426.9 43,359.3 44,546.6 43,198.4 43,842.2 44,426.9 43,842.2

End of period Payout reserves (included above) 816.7 724.2 648.8 607.8 561.4 816.7 561.4

*Includes assets associated with Payout Reserves, Policy Loans, and Life Insurance Business

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Investment Information

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Portfolio Composition

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

(in millions USD) Amount % of Total Amount % of Total Amount % of Total Amount % of Total Amount % of Total

Composition of Investment Portfolio

Fixed maturities, available for sale, at fair value, before consolidation 69,258.8 69,930.1 70,708.5 70,995.5 71,077.1

CLOs Adjustments (1) (118.0) (119.6) (133.0) (84.1) (79.4)

VOEs Adjustments (1) 30.6 32.9 47.4 (1.1) 40.7

Fixed maturities, available for sale, at fair value, after consolidation 69,171.4 77.7% 69,843.4 78.0% 70,622.9 76.7% 70,910.3 74.2% 71,038.4 74.6%

Fixed maturities, at fair value using the fair value option 2,910.2 3.3% 2,771.6 3.1% 2,675.8 2.9% 2,771.3 2.8% 2,875.1 3.0%

Equity securities, available for sale, at fair value 279.6 0.3% 281.0 0.3% 282.3 0.3% 340.1 0.4% 328.9 0.4%

Short-term investments 2,547.3 2.8% 2,404.8 2.7% 2,992.1 3.2% 5,991.2 6.3% 3,637.4 3.8%

Mortgage loans on real estate 9,015.6 10.1% 8,929.1 10.0% 8,949.4 9.7% 8,662.3 9.1% 8,682.6 9.1%

Loans—Dutch State Obligation — 0.0% — 0.0% — 0.0% — 0.0% 1,503.6 1.6%

Policy loans 2,147.5 2.4% 2,144.9 2.4% 2,204.4 2.4% 2,200.3 2.3% 2,212.9 2.3%

Limited partnerships/corporations, before consolidation 984.3 1,024.0 1,036.7 1,031.0 1,470.4

VOEs Adjustments (1) (594.3) (593.8) (568.2) (565.9) (955.6)

Limited partnerships/corporations, after consolidation 390.0 0.4% 430.2 0.5% 468.5 0.5% 465.1 0.5% 514.8 0.5%

Derivatives 1,087.4 1.3% 1,174.4 1.3% 2,077.0 2.3% 2,374.5 2.5% 2,733.7 2.9%

Other investments 145.7 0.2% 168.4 0.2% 166.7 0.2% 167.0 0.2% 205.1 0.2%

Securities pledged to creditors 1,312.6 1.5% 1,357.0 1.5% 1,774.7 1.8% 1,605.5 1.7% 1,462.2 1.6%

Total investments, after consolidation 89,007.3 100.0% 89,504.8 100.0% 92,213.8 100.0% 95,487.6 100.0% 95,194.7 100.0%

Fixed Maturity Securities—Security Sector (2)

U.S. Government agencies and authorities 6,336.4 8.6% 6,660.8 9.0% 6,467.0 8.6% 6,607.9 8.8% 6,769.9 9.0%

U.S. Corporate—Public 32,048.9 43.8% 31,643.8 42.8% 32,137.7 42.8% 31,597.4 41.9% 30,568.2 40.5%

U.S. Corporate—Private 5,362.3 7.3% 5,423.1 7.3% 5,622.2 7.5% 5,566.5 7.4% 5,486.5 7.3%

Foreign Government / Agency 1,057.5 1.4% 1,091.8 1.5% 1,156.1 1.5% 1,190.0 1.6% 1,181.9 1.6%

Foreign Corporate—Public 6,982.4 9.5% 6,572.7 8.9% 6,807.3 9.1% 6,476.7 8.6% 6,146.7 8.1%

Foreign Corporate—Private 8,149.1 11.1% 8,083.4 10.9% 8,146.6 10.9% 8,317.8 11.0% 8,351.0 11.1%

State, municipalities and political subdivisions 285.0 0.4% 292.5 0.4% 317.8 0.4% 352.8 0.5% 350.9 0.5%

Residential mortgaged-backed securities: 0.0%

CMO-B Agency 2,882.5 3.9% 2,706.0 3.7% 2,934.3 3.9% 3,066.4 4.1% 3,288.5 4.4%

CMO-B Non-Agency 449.0 0.6% 479.7 0.6% 540.5 0.7% 582.8 0.8% 612.1 0.8%

Agency 3,030.0 4.1% 3,336.1 4.5% 2,706.7 3.6% 2,779.7 3.7% 3,475.4 4.6%

Non-Agency (3) 1,587.8 2.2% 1,847.0 2.5% 1,997.0 2.7% 2,193.9 2.9% 2,255.8 3.0%

Total Residential mortgage-backed securities 7,949.3 10.8% 8,368.8 11.3% 8,178.5 10.9% 8,622.8 11.5% 9,631.8 12.8%

Commercial mortgage-backed securities 3,867.6 5.3% 4,425.9 6.0% 4,813.2 6.4% 4,946.4 6.6% 5,217.0 6.9%

Other asset-backed securities (3) 1,355.7 1.8% 1,409.2 1.9% 1,427.0 1.9% 1,608.8 2.1% 1,671.8 2.2%

Total fixed maturities, including securities pledged 73,394.2 100.0% 73,972.0 100.0% 75,073.4 100.0% 75,287.1 100.0% 75,375.7 100.0%

Fixed Maturity Securities—Contractual Maturity Dates

Due to mature:

Due in one year or less 2,423.9 3.3% 2,471.6 3.3% 3,021.8 4.0% 2,918.1 3.9% 2,980.3 4.0%

Due after one year through five years 16,036.2 21.8% 15,862.9 21.4% 15,205.4 20.3% 15,353.4 20.4% 15,013.6 19.9%

Due after five years through ten years 20,113.5 27.4% 19,928.2 26.9% 19,830.3 26.4% 19,179.7 25.5% 18,554.3 24.6%

Due after ten years 21,648.0 29.6% 21,505.4 29.2% 22,597.2 30.1% 22,657.9 30.1% 22,306.9 29.6%

CMO-B 3,331.5 4.5% 3,185.7 4.3% 3,474.8 4.6% 3,649.2 4.8% 3,900.6 5.2%

Mortgage-backed securities 8,485.4 11.6% 9,609.0 13.0% 9,516.9 12.7% 9,920.0 13.2% 10,948.2 14.5%

Other asset-backed securities (3) 1,355.7 1.8% 1,409.2 1.9% 1,427.0 1.9% 1,608.8 2.1% 1,671.8 2.2%

Total fixed maturities, including securities pledged 73,394.2 100.0% 73,972.0 100.0% 75,073.4 100.0% 75,287.1 100.0% 75,375.7 100.0%

Fixed Maturity Securities—NAIC Quality Designation

NAIC Quality Designation

1 41,616.0 56.7% 42,428.3 57.4% 42,710.2 56.9% 42,197.7 56.1% 42,964.1 57.0%

2 28,315.4 38.6% 27,962.2 37.8% 28,764.1 38.3% 29,245.1 38.9% 28,571.7 37.9%

3 2,735.2 3.7% 2,661.7 3.6% 2,605.5 3.5% 2,670.7 3.5% 2,794.8 3.7%

4 456.9 0.6% 551.3 0.7% 578.3 0.8% 699.8 0.9% 534.1 0.7%

5 78.2 0.1% 160.5 0.2% 186.0 0.2% 254.8 0.3% 251.1 0.3%

6 192.5 0.3% 208.0 0.3% 229.3 0.3% 219.0 0.3% 259.9 0.4%

Total fixed maturities, including securities pledged (4) 73,394.2 100.0% 73,972.0 100.0% 75,073.4 100.0% 75,287.1 100.0% 75,375.7 100.0%

Fixed Maturity Securities—ARO Quality Rating

ARO Quality Rating

AAA 15,856.2 21.6% 16,486.5 22.3% 16,047.9 21.4% 16,752.5 22.3% 17,963.9 23.8%

AA 4,518.3 6.2% 4,349.5 5.9% 4,338.0 5.8% 4,067.1 5.4% 3,777.3 5.0%

A 19,877.9 27.1% 19,702.3 26.6% 20,115.9 26.8% 19,414.6 25.8% 19,133.8 25.4%

BBB 28,383.4 38.6% 28,310.1 38.3% 29,205.9 38.9% 29,445.1 39.1% 29,034.0 38.5%

BB 2,682.6 3.7% 2,843.4 3.8% 2,877.3 3.8% 2,865.1 3.8% 2,876.4 3.8%

B and below 2,075.8 2.8% 2,280.2 3.1% 2,488.4 3.3% 2,742.7 3.6% 2,590.3 3.5%

Total fixed maturities, including securities pledged 73,394.2 100.0% 73,972.0 100.0% 75,073.4 100.0% 75,287.1 100.0% 75,375.7 100.0%

(1) Adjustments include the elimination of intercompany transactions between the Company and its consolidated investment entities, primarily the

elimination of the Company’s equity at risk recorded as investments by the Company (before consolidation) against either equity (private equity and real

estate partnership funds) or senior and subordinated debt (CLOs) of the funds.

(2) Fixed Maturity Securities includes fixed maturities,available for sale , fixed maturities at fair value using the fair value option and securities pledged to creditors.

(3) Subprime asset-backed securities are included as a component of Non-Agency RMBS under this presentation.

(4) ARO ratings do not directly translate into NAIC ratings.

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Portfolio Results

Three Months Ended Year to Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

(in millions USD)

Net Investment Annualized Net Investment Annualized Net Investment Annualized Net Investment Annualized Net Investment Annualized Net Investment Annualized Net Investment Annualized

Operating investment income and annualized yield Income Yield Income Yield Income Yield Income Yield Income Yield Income Yield Income Yield

Fixed maturity securities (1) 824.1 4.88% 831.0 5.02% 855.6 5.21% 854.6 5.23% 872.7 5.42% 2,510.7 5.05% 2,660.8 5.57%

Equity securities 3.4 4.96% 0.5 0.77% 2.6 3.72% 3.2 3.77% 5.4 6.81% 6.5 3.15% 14.5 5.83%

Mortgage loans 112.8 5.13% 113.6 5.24% 115.4 5.38% 114.0 5.42% 119.0 5.50% 341.8 5.25% 361.6 5.53%

Limited partnerships 116.1 60.40% 27.8 11.46% 23.2 9.37% 17.4 6.98% 22.2 6.22% 167.1 24.61% 35.1 2.97%

Policy loans 29.5 5.66% 29.7 5.69% 29.9 5.57% 30.0 5.60% 30.1 5.60% 89.1 5.64% 91.5 5.66%

Dutch state obligation (Alt-A transaction) — 0.00% — 0.00% — 0.00% 1.6 0.91% 4.3 1.10% — 0.00% 12.5 1.03%

Short-term investments 0.8 0.12% 1.0 0.17% 0.9 0.12% 1.5 0.10% 1.0 0.11% 2.7 0.13% 3.9 0.13%

Derivatives (1) (2.2) N/A (9.0) N/A (11.9) N/A (13.9) N/A (9.0) N/A (23.1) N/A (42.3) N/A

Pre-payment fee income 14.6 0.07% 25.7 0.12% 25.6 0.12% 17.9 0.08% 13.7 0.06% 65.9 0.11% 51.6 0.08%

Other assets 23.6 N/A 3.3 N/A 3.5 N/A 11.0 N/A (1.6) N/A 30.4 N/A 12.1 N/A

Gross investment income before expenses and fees 1,122.7 5.47% 1,023.6 5.07% 1,044.8 5.17% 1,037.3 4.94% 1,057.8 5.14% 3,191.1 5.25% 3,201.3 5.18%

Expenses and fees (39.5) -0.19% (40.7) -0.21% (40.8) -0.21% (41.5) -0.20% (40.0) -0.20% (121.0) -0.20% (123.5) -0.20%

Total investment income and annualized yield 1,083.2 5.28% 982.9 4.86% 1,004.0 4.96% 995.8 4.74% 1,017.8 4.94% 3,070.1 5.05% 3,077.8 4.98%

Less: Closed Block Variable Annuity (CBVA) investment income net of expenses and

fees 28.8 20.9 18.4 17.2 12.2 68.1 35.5

Total investment income, excluding CBVA 1,054.4 962.0 985.6 978.6 1,005.6 3,002.0 3,042.3

Trading Gains/Losses

Fixed Maturities 36.0 0.8 11.0 45.9 194.9 47.8 362.5

Equity securities 0.6 (0.1) 0.2 2.4 0.1 0.7 1.8

Mortgage loans 0.2 (0.2) — 7.7 — — —

Other investments 4.3 (3.0) 1.6 (21.9) 9.0 2.9 —

Total Trading Gains/Losses, excluding CBVA 41.1 (2.5) 12.8 34.1 204.0 51.4 364.3

Impairments

Fixed Maturities (2.3) (5.4) (11.0) (20.2) (11.0) (18.7) (23.6)

Equity securities (1.2) (1.8) — — — (3.0) —

Mortgage loans — — — (7.7) — — —

Other investments (0.7) — — — (1.4) (0.7) (1.4)

Total Impairments, excluding CBVA (4.2) (7.2) (11.0) (27.9) (12.4) (22.4) (25.0)

Fair Value Adjustments (2) 19.6 (77.7) (10.2) (9.3) 44.0 (68.3) 123.1

Derivatives, including Change in Fair Value of Derivatives related to

Guaranteed Benefits, excluding CBVA 17.8 114.6 58.1 22.9 49.2 190.5 187.1

Net Realized Investment Gains (losses) and Net Guaranteed Benefit

Hedging Gains (losses), excluding CBVA 74.3 27.2 49.7 19.8 284.8 151.2 649.5

CBVA Investment Income and Realized Capital Gains (Losses) (434.2) (387.5) (758.0) (250.1) (270.8) (1,579.7) (1,080.0)

Business Sold Through MODCO REINS (3) (15.6) (62.7) (18.7) (6.9) 18.8 (97.0) 39.2

Consolidation/eliminations (4) 25.6 7.3 65.3 (70.2) 55.4 98.2 94.9

Total Investment Income and Realized Capital Gains (Losses) 704.5 546.3 323.9 671.2 1,093.8 1,574.7 2,745.9

(1) Operating income from CMO-B portfolio assets, including derivatives, is included in fixed maturity securities.

(2) Fair value adjustments include adjustments related to CMO-B assets carried at fair value, among other income sources.

(3) Income related to the Hannover Life Re Modco reinsurance transaction, in which the risk associated with these policies has been transferred to Hannover Life Re.

(4) Consolidation/eliminations includes:

-The impact of consolidation of investment entities into the Consolidated Statements of Operations, net of the elimination of the Company’s management fees expensed by the funds and recorded as operating revenues (before consolidation) by the Company;

-The elimination of intersegment expenses, primarily consisting of asset-based management and administration fees charged by our Investment Management Segment;

-Other intersegment eliminations.

Page 53 of 70

ING U.S.

Alternative Investment Income

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Retirement

Average alternative investments 267.1 260.0 256.0 292.2 505.0 261.0 600.0

Alternative investment income 7.5 8.4 7.9 0.9 2.6 23.8 42.3

Annuities

Average alternative investments 171.5 178.8 189.2 188.5 277.3 179.8 316.3

Alternative investment income 4.5 7.6 4.4 2.0 2.0 16.5 23.8

Investment Management

Average alternative investments 124.2 123.8 120.8 129.2 114.3 122.9 100.2

Alternative investment income 4.9 6.1 2.8 5.6 19.5 13.8 36.0

Individual Life

Average alternative investments 127.7 138.8 132.1 133.5 195.5 132.9 218.8

Alternative investment income 3.4 6.3 3.4 (0.3) 0.7 13.1 12.4

Employee Benefits

Average alternative investments 25.1 25.6 23.6 29.7 52.5 24.8 62.4

Alternative investment income 0.8 1.1 0.6 0.1 0.4 2.5 4.4

Total Ongoing Business

Average alternative investments 715.6 727.0 721.7 773.1 1,144.6 721.4 1,297.7

Alternative investment income 21.1 29.5 19.1 8.3 25.2 69.7 118.9

Corporate

Average alternative investments 95.8 95.5 98.1 101.6 96.5 96.5 93.5

Alternative investment income 4.8 (5.7) 2.7 5.1 6.3 1.8 18.3

Closed Blocks (1)

Average alternative investments 58.8 59.4 62.4 41.5 80.4 60.2 104.1

Alternative investment income 2.5 2.4 1.8 4.0 0.7 6.7 7.6

Total ING U.S.(2)

Average alternative investments 870.2 881.9 882.2 916.2 1,321.5 878.1 1,495.3

Alternative investment income 28.4 26.2 23.6 17.4 32.2 78.2 144.8

(1) Our Closed Block Variable Annuity segment is managed to focus on protecting

regulatory and rating agency capital rather than achieving operating metrics and,

therefore, its results of operations are not reflected within investment income.

(2) Alternative investment income excludes the net investment income from Lehman

Recovery/LIHTC in the current period and net loss on the sale of certain

alternative investments during the 9/30/12 year-to-date period.

Page 54 of 70

ING U.S.

Unrealized Gains (Losses)

(in millions USD)

Fixed Maturities, available for sale (including securities pledged)

Aging Schedule

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Amount % of Total Amount % of Total Amount % of Total Amount % of Total Amount % of Total

Less than 20% (992.6) 92.9% (929.8) 92.7% (191.9) 71.3% (150.6) 51.4% (172.5) 46.2%

20% or more for less than six months (47.3) 4.4% (35.3) 3.5% (3.9) 1.5% (11.4) 3.9% (31.0) 8.3%

20% or more for six months or greater (29.1) 2.7% (38.2) 3.8% (73.0) 27.2% (130.7) 44.7% (169.7) 45.5%

Total Unrealized Loss (1,069.0) 100.0% (1,003.3) 100.0% (268.8) 100.0% (292.7) 100.0% (373.2) 100.0%

Total Unrealized Gain 4,594.2 4,919.9 7,336.0 8,155.7 8,277.8

Net Unrealized Gain/Loss 3,525.2 3,916.6 7,067.2 7,863.0 7,904.6

Fixed Maturities Securities—Security Sector—Net Unrealized

Gain/(Loss)*

US Treasuries and US government agencies and authorities 255.7 348.7 638.7 768.2 835.8

US Corporate—Public 1,238.2 1,458.9 3,116.0 3,592.5 3,638.9

US Corporate—Private 354.2 363.5 561.5 585.3 607.0

Foreign Government / Agency 11.9 11.0 84.0 120.6 109.9

Foreign Corporate—Public 202.9 207.4 559.7 640.8 601.8

Foreign Corporate—Private 509.1 503.6 793.1 831.9 848.7

State, municipalities, and political subdivisions 11.0 14.2 29.2 32.6 29.4

Residential mortgaged-backed securities:

CMO-B Agency 397.0 422.3 505.9 551.1 587.4

CMO-B Non-Agency 115.5 117.1 128.5 136.0 134.2

Agency 13.1 7.9 55.8 67.4 90.2

Non-Agency 13.1 0.3 18.9 (41.8) (111.3)

Total Residential mortgage-backed securities 538.7 547.6 709.1 712.7 700.5

Commercial Mortgage-Backed Securities 358.3 411.3 511.8 507.5 457.5

Other Asset-Backed Securities* 45.2 50.4 64.1 70.9 75.1

Total Net Unrealized Gain/Loss 3,525.2 3,916.6 7,067.2 7,863.0 7,904.6

* Subprime asset-backed securities are included as a component of Non-Agency RMBS under this presentation.

Page 55 of 70

ING U.S.

Asset Backed Securities

(in millions USD)

RMBS Balances by Collateral Type

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Amortized Amortized Amortized Amortized Amortized

Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost

Prime Agency 5,911.2 5,410.4 6,040.8 5,508.4 5,639.6 4,939.7 5,844.8 5,070.0 6,763.9 5,929.3

Prime / Non-Agency 1,021.6 872.1 1,148.9 1,000.6 1,300.0 1,116.1 1,399.4 1,215.3 1,503.2 1,312.7

Alt-A RMBS 358.8 326.0 376.3 344.6 402.0 365.2 411.3 389.2 415.2 407.4

Subprime Mortgage-Backed Securities 657.7 657.5 802.8 806.5 836.9 836.3 967.3 998.0 949.5 1,039.1

Total 7,949.3 7,266.0 8,368.8 7,660.1 8,178.5 7,257.3 8,622.8 7,672.5 9,631.8 8,688.5

CMBS Balances by Year of Origination

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Amortized Amortized Amortized Amortized Amortized

Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost

2008 11.5 9.3 11.4 9.2 11.8 9.4 12.9 11.1 15.3 13.0

2007 1,264.7 1,123.6 1,636.3 1,457.6 1,810.3 1,583.0 1,850.3 1,636.8 2,018.7 1,841.4

2006 1,338.8 1,201.6 1,390.0 1,247.1 1,475.7 1,300.7 1,493.7 1,315.8 1,494.1 1,333.5

2005 and prior 1,252.6 1,174.8 1,388.2 1,300.7 1,515.4 1,408.3 1,589.5 1,475.2 1,688.9 1,571.6

Total 3,867.6 3,509.3 4,425.9 4,014.6 4,813.2 4,301.4 4,946.4 4,438.9 5,217.0 4,759.5

Other ABS Balances by Loan

Classification

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Amortized Amortized Amortized Amortized Amortized

Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost

Credit Card Receivables 552.8 529.4 564.1 538.5 591.5 558.0 651.7 614.8 671.4 631.9

Automobile Receivables 471.3 470.2 500.1 498.9 471.1 468.1 535.2 531.1 573.8 568.8

CLO’s * 49.5 48.9 49.1 48.4 53.6 53.8 66.1 68.0 82.1 86.0

Other 282.1 268.8 295.9 280.3 310.8 291.0 355.8 334.2 344.5 321.5

Total 1,355.7 1,317.3 1,409.2 1,366.1 1,427.0 1,370.9 1,608.8 1,548.1 1,671.8 1,608.2

* Excludes consolidated CLO’s

Page 56 of 70

ING U.S.

RMBS Securities Summary

(in millions USD)

RMBS*

By Rating and Origination Year

As of September 30, 2013

Prime Agency Prime/Non-Agency Alt-A RMBS Subprime Mortgage-Backed Total

Securities

NAIC Designation Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost

1 5,886.8 5,382.2 635.6 568.4 162.0 136.4 407.6 380.0 7,092.0 6,467.0

2 9.6 11.2 60.1 59.4 49.5 48.6 33.4 34.5 152.6 153.7

3 9.4 11.6 91.9 90.2 85.4 83.7 157.9 173.5 344.6 359.0

4 5.4 5.4 31.9 29.6 49.5 45.9 49.9 60.5 136.7 141.4

5 —— 54.6 37.5 10.3 8.9 7.1 6.2 72.0 52.6

6 —— 147.5 87.0 2.1 2.5 1.8 2.8 151.4 92.3

Total by rating 5,911.2 5,410.4 1,021.6 872.1 358.8 326.0 657.7 657.5 7,949.3 7,266.0

Prime Agency Prime/Non-Agency Alt-A RMBS Subprime Mortgage-Backed Total

Securities

ARO Rating Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost

AAA 5,874.5 5,369.3 13.2 13.1 0.2 0.3 2.5 2.5 5,890.4 5,385.2

AA 3.0 3.0 34.8 32.4 0.2 0.2 7.4 7.3 45.4 42.9

A —— 55.1 51.3 5.3 4.9 35.8 36.8 96.2 93.0

BBB —— 169.3 167.4 14.5 14.8 39.4 40.9 223.2 223.1

BB 9.4 11.6 62.7 58.6 15.8 15.8 61.0 67.2 148.9 153.2

B and below 24.3 26.5 686.5 549.3 322.8 290.0 511.6 502.8 1,545.2 1,368.6

Total by rating 5,911.2 5,410.4 1,021.6 872.1 358.8 326.0 657.7 657.5 7,949.3 7,266.0

Prime Agency Prime/Non-Agency Alt-A RMBS Subprime Mortgage-Backed Total

Securities

Origination Year Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost Fair Value Amortized Cost

2013 569.6 571.4 —————— 569.6 571.4

2012 754.4 770.7 —————— 754.4 770.7

2011 988.3 985.5 —————— 988.3 985.5

2010 823.1 811.4 28.6 27.5 ———— 851.7 838.9

2009 368.5 361.3 12.6 12.8 ———— 381.1 374.1

2008 219.3 205.9 —————— 219.3 205.9

2007 450.4 409.5 149.5 139.6 78.0 72.2 188.0 179.8 865.9 801.1

2006 511.2 389.1 242.3 166.6 93.3 71.1 174.2 164.8 1,021.0 791.6

2005 and prior 1,226.4 905.6 588.6 525.6 187.5 182.7 295.5 312.9 2,298.0 1,926.8

Total by origination year 5,911.2 5,410.4 1,021.6 872.1 358.8 326.0 657.7 657.5 7,949.3 7,266.0

* Subprime mortgage-backed securities are included in RMBS under this presentation

Page 57 of 70

ING U.S.

CMBS and Other Asset-Backed Securities Summary

(in millions USD)

CMBS

By Rating and Vintage

As of September 30, 2013

AAA AA A BBB BB B & Below Total

Amortized Amortized Amortized Amortized Amortized Amortized

Origination Year Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Amortized Cost

2008 —————— 11.5 9.3 ———— 11.5 9.3

2007 52.7 49.4 373.0 339.0 151.9 137.7 330.2 279.6 206.2 192.5 150.7 125.4 1,264.7 1,123.6

2006 575.3 531.3 252.0 227.1 153.3 139.4 201.7 180.1 105.3 82.8 51.2 40.9 1,338.8 1,201.6

2005 and prior 849.6 816.5 169.2 158.7 122.1 114.5 61.8 54.9 36.7 24.7 13.2 5.5 1,252.6 1,174.8

Total by origination year 1,477.6 1,397.2 794.2 724.8 427.3 391.6 605.2 523.9 348.2 300.0 215.1 171.8 3,867.6 3,509.3

Other Asset-Backed Securities*

By Rating and Classification

As of September 30, 2013

Credit Card Receivables Automobile Receivables CLO’s** Other Total

Amortized Amortized Amortized Amortized Amortized

ARO Rating Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost

AAA 530.7 508.5 471.3 470.2 1.6 — 249.6 238.6 1,253.2 1,217.3

AA ———— 28.2 24.5 2.0 2.6 30.2 27.1

A 22.1 20.9 —— 19.7 24.4 15.4 15.9 57.2 61.2

BBB —————— 11.6 10.9 11.6 10.9

BB —————— 0.6 0.6 0.6 0.6

B and below —————— 2.9 0.2 2.9 0.2

Total by rating 552.8 529.4 471.3 470.2 49.5 48.9 282.1 268.8 1,355.7 1,317.3

Credit Card Receivables Automobile Receivables CLO’s** Other Total

Amortized Amortized Amortized Amortized Amortized

NAIC Designation Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost Fair Value Cost

1 552.8 529.4 471.3 470.2 49.5 48.9 267.0 257.1 1,340.6 1,305.6

2 —————— 11.6 10.9 11.6 10.9

3 —————— 0.6 0.6 0.6 0.6

4 ——————————

5 ——————————

6 —————— 2.9 0.2 2.9 0.2

Total by rating 552.8 529.4 471.3 470.2 49.5 48.9 282.1 268.8 1,355.7 1,317.3

* Subprime asset-backed securities are excluded from Other Asset-Backed Securities and included in Non-Agency RMBS under this presentation.

** Excludes consolidated CLO’s

Page 58 of 70

ING U.S.

Mortgage Loans on Real Estate

(in millions USD)

Mortgage Loans on Real Estate by Region and Property

Type

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

U.S. Region Amount % of Total Amount % of Total Amount % of Total Amount % of Total Amount % of Total

Pacific 2,054.5 22.7% 2,090.2 23.3% 2,025.5 22.7% 1,973.9 22.8% 2,065.6 23.7%

South Atlantic 1,851.4 20.5% 1,706.6 19.1% 1,725.9 19.3% 1,687.6 19.4% 1,690.6 19.4%

Middle Atlantic 1,107.2 12.3% 1,142.8 12.8% 1,000.5 11.2% 1,059.5 12.2% 1,054.5 12.1%

East North Central 962.7 10.7% 1,006.7 11.3% 1,020.1 11.4% 962.8 11.1% 986.8 11.4%

West South Central 1,232.9 13.7% 1,246.3 14.0% 1,301.6 14.5% 1,176.3 13.6% 1,107.9 12.8%

Mountain 749.7 8.3% 711.1 8.0% 800.9 8.9% 718.2 8.3% 693.2 8.0%

West North Central 519.4 5.8% 502.7 5.6% 535.0 6.0% 537.5 6.2% 525.9 6.1%

New England 318.9 3.5% 322.1 3.6% 334.8 3.7% 334.6 3.9% 330.1 3.8%

East South Central 222.9 2.5% 204.7 2.3% 209.0 2.3% 215.8 2.5% 232.5 2.7%

Total Commercial Mortgage Loans (1) 9,019.6 100.0% 8,933.2 100.0% 8,953.3 100.0% 8,666.2 100.0% 8,687.1 100.0%

Property Type

Industrial 2,998.0 33.3% 3,183.5 35.7% 3,385.2 37.7% 3,361.5 38.8% 3,354.8 38.5%

Retail 2,795.9 31.0% 2,653.1 29.7% 2,609.9 29.2% 2,350.2 27.1% 2,167.5 25.0%

Office 1,243.3 13.8% 1,280.9 14.3% 1,243.3 13.9% 1,284.7 14.8% 1,344.9 15.5%

Apartments 1,048.6 11.6% 994.1 11.1% 935.8 10.5% 952.1 11.0% 974.2 11.2%

Hotel/Motel 364.1 4.0% 323.3 3.6% 324.1 3.6% 280.6 3.2% 436.4 5.0%

Other 382.3 4.2% 341.0 3.8% 353.9 4.0% 363.1 4.2% 334.9 3.9%

Mixed Use 187.4 2.1% 157.3 1.8% 101.1 1.1% 74.0 0.9% 74.4 0.9%

Total Commercial Mortgage Loans (1) 9,019.6 100.0% 8,933.2 100.0% 8,953.3 100.0% 8,666.2 100.0% 8,687.1 100.0%

Loan Size

Under $5 million 1,546.5 17.1% 1,607.7 18.0% 1,662.9 18.6% 1,683.0 19.4% 1,698.4 19.5%

$5 million but less than $10 million 1,548.9 17.2% 1,601.5 17.9% 1,694.8 18.9% 1,641.1 18.9% 1,675.4 19.3%

$10 million but less than $20 million 1,746.6 19.4% 1,725.0 19.3% 1,639.0 18.3% 1,578.6 18.2% 1,611.8 18.6%

$20 million but less than $30 million 1,045.0 11.6% 1,085.7 12.2% 966.1 10.8% 753.2 8.7% 705.3 8.1%

$30 million and over 3,132.6 34.7% 2,913.3 32.6% 2,990.5 33.4% 3,010.3 34.8% 2,996.2 34.5%

Total Commercial Mortgage Loans (1) 9,019.6 100.0% 8,933.2 100.0% 8,953.3 100.0% 8,666.2 100.0% 8,687.1 100.0%

Other Stats as ratios

LTV—Origination 58.8% 58.5% 58.1% 57.7% 56.9%

LTV—Current 56.1% 55.5% 55.3% 55.0% 53.8%

Debt Service Coverage 1.9 1.9 1.9 2.0 2.0

Other Stats in USD millions

60+day delinq (incl in process of foreclosure)

US GAAP Book Value 5.1 9.0 9.0 9.0 16.7

Allowance for loan losses 4.0 4.1 3.9 3.9 4.5

(1) Total Commercial Mortgage Loans shown do not include allowance for mortgage loan credit losses

Page 59 of 70

ING U.S.

U.S. and Foreign Corporate Securities

(in millions USD)

Summary of Corporate Securities by

Industry Category

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Fair Value % of Total Fair Value % of Total Fair Value % of Total Fair Value % of Total Fair Value % of Total

Type Industry

Communications 3,849.3 9.9% 3,893.5 10.2% 4,056.8 10.4% 3,670.9 9.6% 3,608.0 9.8%

Financial 5,950.3 15.2% 5,629.2 14.7% 5,826.4 15.0% 5,579.5 14.7% 5,341.0 14.5%

Industrial and other companies 21,770.6 55.8% 21,014.9 55.0% 21,203.8 54.4% 21,065.0 55.4% 19,999.6 54.5%

Public Utilities 6,439.4 16.5% 6,641.3 17.4% 6,813.6 17.5% 6,718.7 17.6% 6,756.4 18.4%

Transportation 1,021.7 2.6% 1,037.6 2.7% 1,044.4 2.7% 1,040.0 2.7% 1,009.9 2.8%

Sub-total 39,031.3 100.0% 38,216.5 100.0% 38,945.0 100.0% 38,074.1 100.0% 36,714.9 100.0%

Communications 405.2 3.0% 426.2 3.2% 491.2 3.6% 499.6 3.6% 498.5 3.6%

Financial 948.2 7.0% 918.6 6.8% 917.0 6.7% 1,036.1 7.5% 1,040.5 7.5%

Industrial and other companies 8,741.8 64.7% 8,660.6 64.0% 8,511.4 61.7% 8,587.4 61.8% 8,519.0 61.6%

Private Utilities 2,926.5 21.7% 3,006.5 22.3% 3,302.1 24.0% 3,356.0 24.2% 3,410.3 24.6%

Transportation 489.7 3.6% 494.6 3.7% 547.1 4.0% 405.2 2.9% 369.2 2.7%

Sub-total 13,511.4 100.0% 13,506.5 100.0% 13,768.8 100.0% 13,884.3 100.0% 13,837.5 100.0%

Communications 4,254.5 8.1% 4,319.7 8.4% 4,548.0 8.6% 4,170.5 8.0% 4,106.5 8.2%

Financial 6,898.5 13.1% 6,547.8 12.7% 6,743.4 12.8% 6,615.6 12.7% 6,381.5 12.6%

Industrial and other companies 30,512.4 58.1% 29,675.5 57.3% 29,715.2 56.4% 29,652.4 57.1% 28,518.6 56.4%

Total Utilities 9,365.9 17.8% 9,647.8 18.6% 10,115.7 19.2% 10,074.7 19.4% 10,166.7 20.1%

Transportation 1,511.4 2.9% 1,532.2 3.0% 1,591.5 3.0% 1,445.2 2.8% 1,379.1 2.7%

Total 52,542.7 100.0% 51,723.0 100.0% 52,713.8 100.0% 51,958.4 100.0% 50,552.4 100.0%

Page 60 of 70

ING U.S.

Exposure to European Debt-Fixed Maturities and Equity Securities

(in millions USD)

Exposure to Select European Countries Sovereign Debt Corporate—Financial Corporate—Non-Financial Total Total

As of September 30, 2013 Fair Value % of Total Fair Value % of Total Fair Value % of Total Fair Value % of Total Amortized Cost % of Total

Ireland — 0.0% — 0.0% 317.8 4.4% 317.8 3.8% 302.7 3.8%

Italy — 0.0% — 0.0% 263.5 3.6% 263.5 3.1% 253.5 3.2%

Portugal — 0.0% — 0.0% 9.8 0.1% 9.8 0.1% 7.7 0.1%

Spain — 0.0% — 0.0% 238.9 3.3% 238.9 2.8% 230.2 2.9%

Total Peripheral Euro-Zone — 0.0% — 0.0% 830.0 11.4% 830.0 9.8% 794.1 10.1%

Austria — 0.0% — 0.0% 15.9 0.2% 15.9 0.2% 15.0 0.2%

Belgium 37.0 13.1% — 0.0% 343.7 4.7% 380.7 4.5% 332.8 4.2%

Bulgaria 5.9 2.1% — 0.0% — 0.0% 5.9 0.1% 5.7 0.1%

Croatia 26.9 9.5% — 0.0% — 0.0% 26.9 0.3% 25.6 0.3%

Czech Republic — 0.0% — 0.0% 9.9 0.1% 9.9 0.1% 10.1 0.1%

Denmark — 0.0% 10.6 1.3% 122.2 1.7% 132.8 1.6% 124.5 1.6%

Finland — 0.0% — 0.0% 42.1 0.6% 42.1 0.5% 40.0 0.5%

France — 0.0% 121.1 14.3% 400.1 5.5% 521.3 6.2% 490.3 6.2%

Germany — 0.0% 52.1 6.2% 523.0 7.2% 575.0 6.8% 535.5 6.7%

Hungary 6.2 2.2% — 0.0% — 0.0% 6.2 0.1% 5.9 0.1%

Iceland — 0.0% — 0.0% — 0.0% — 0.0% — 0.0%

Kazakhstan 58.2 20.6% — 0.0% 7.6 0.1% 65.8 0.8% 61.6 0.8%

Latvia 4.9 1.7% — 0.0% — 0.0% 4.9 0.1% 4.6 0.1%

Lithuania 33.5 11.8% — 0.0% — 0.0% 33.5 0.4% 30.5 0.4%

Luxembourg — 0.0% — 0.0% 24.9 0.3% 24.9 0.3% 23.4 0.3%

Netherlands — 0.0% 174.2 20.6% 1,179.4 16.1% 1,353.6 16.1% 1,270.0 15.8%

Norway — 0.0% 3.0 0.4% 236.1 3.2% 239.1 2.8% 240.3 3.0%

Russian Federation 83.5 29.4% — 0.0% 95.4 1.3% 178.9 2.1% 167.8 2.1%

Slovakia 5.1 1.8% — 0.0% — 0.0% 5.1 0.1% 5.0 0.1%

Slovenia — 0.0% — 0.0% — 0.0% — 0.0% — 0.0%

Sweden — 0.0% 27.1 3.2% 125.2 1.7% 152.4 1.8% 138.8 1.7%

Switzerland — 0.0% 148.8 17.6% 535.7 7.3% 684.5 8.1% 637.5 7.9%

Turkey 22.0 7.8% — 0.0% 41.4 0.6% 63.4 0.8% 65.6 0.8%

United Kingdom — 0.0% 307.2 36.4% 2,771.0 38.0% 3,078.2 36.4% 2,939.4 36.8%

Total Non-Peripheral Europe 283.2 100.0% 844.1 100.0% 6,473.6 88.6% 7,601.0 90.2% 7,169.9 89.9%

Total Europe 283.2 100.0% 844.1 100.0% 7,303.6 100.0% 8,431.0 100.0% 7,964.0 100.0%

Page 61 of 70

ING U.S.

Additional Information

Page 62 of 70

ING U.S.

Adjustments to Operating Earnings by Segment

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

DAC/VOBA and other intangibles unlocking (1)

Retirement 40.0 (1.4) 3.0 (8.9) 15.9 41.6 14.7

Annuities 39.6 9.9 7.0 (44.4) (12.9) 56.5 (41.8)

Total Retirement Solutions 79.6 8.5 10.0 (53.3) 3.0 98.1 (27.1)

Investment Management — —— — — — -

Individual Life 20.2 (4.9) (2.7) 4.6 3.4 12.6 (1.2)

Employee Benefits — —— — — — -

Total Insurance Solutions 20.2 (4.9) (2.7) 4.6 3.4 12.6 (1.2)

Ongoing Business 99.8 3.6 7.3 (48.7) 6.4 110.7 (28.3)

Corporate — —— — — — -

Total Closed Blocks — —— — — — -

Total DAC/VOBA and other intangibles unlocking 99.8 3.6 7.3 (48.7) 6.4 110.7 (28.3)

Additional adjustments (2)

Retirement 12.7 —— — (1.0) 12.7 (31.3)

Annuities 12.7 —— — (0.3) 12.7 (11.2)

Total Retirement Solutions 25.4 —— — (1.3) 25.4 (42.5)

Investment Management 11.5 —— — — 11.5 2.2

Individual Life 36.6 —— — 5.2 36.6 14.8

Employee Benefits 4.0 —— — 0.6 4.0 0.1

Total Insurance Solutions 40.6 —— — 5.8 40.6 14.9

Ongoing Business 77.5 —— — 4.5 77.5 (25.4)

Corporate (47.6) (43.2) (41.9) (39.2) (39.8) (132.7) (88.6)

Total Closed Blocks 0.6 —— — — 0.6 (5.8)

Total non-recurring items and interest expense 30.5 (43.2) (41.9) (39.2) (35.3) (54.6) (119.8)

Total adjustments to operating earnings

Retirement 52.7 (1.4) 3.0 (8.9) 14.9 54.3 (16.6)

Annuities 52.3 9.9 7.0 (44.4) (13.2) 69.2 (53.0)

Total Retirement Solutions 105.0 8.5 10.0 (53.3) 1.7 123.5 (69.6)

Investment Management 11.5 —— — — 11.5 2.2

Individual Life 56.8 (4.9) (2.7) 4.6 8.6 49.2 13.6

Employee Benefits 4.0 —— — 0.6 4.0 0.1

Total Insurance Solutions 60.8 (4.9) (2.7) 4.6 9.2 53.2 13.7

Ongoing Business 177.3 3.6 7.3 (48.7) 10.9 188.2 (53.7)

Corporate (47.6) (43.2) (41.9) (39.2) (39.8) (132.7) (88.6)

Total Closed Blocks 0.6 —— — — 0.6 (5.8)

Total adjustments to operating earnings 130.3 (39.6) (34.6) (87.9) (28.9) 56.1 (148.1)

(1) DAC/VOBA and other intangibles unlocking excludes unlocking on net investment income from

Lehman Recovery/LIHTC

(2) Additional adjustments include impact of portfolio restructuring, interest expenses, and the Net

gain from Lehman Recovery/LIHTC

Page 63 of 70

ING U.S.

Average Capital and Financial Leverage

Balances as of

(in millions USD, unless otherwise indicated) 9/30/13 12/31/12

ING U.S., Inc. Shareholders’ Equity 12,770.0 13,874.9

AOCI 1,950.0 3,710.7

ING U.S., Inc. Shareholders’ Equity, excluding AOCI 10,820.0 10,164.2

Financial Leverage (1) 3,514.5 3,808.3

Total Capital 14,334.5 13,972.5

Financial Leverage to Total Capital 24.5% 27.3%

Average Capital (average for period) 14,153.5 13,886.4

(1) Financial leverage is defined as short term debt, long term debt, and loans from certain subsidiaries, excluding operating

leverage. We define operating leverage as self-liquidating forms of financing, including securities lending, reverse repurchase and

captive reinsurance reserve financing arrangements. The following table presents a reconciliation of financial leverage to debt:

Balances as of

(in millions USD, unless otherwise indicated) 9/30/13 12/31/12

Short-term Debt — 1,064.6

Long-term Debt 3,514.5 3,171.1

Total Debt 3,514.5 4,235.7

Less: operating leverage — (688.5)

Plus: loans from subsidiaries — 261.1

Financial Leverage 3,514.5 3,808.3

Page 64 of 70

ING U.S.

Operating Revenues by Segment

Three Months Ended Year-to-Date

(in millions USD) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Retirement 606.9 596.9 583.2 570.5 582.1 1,787.0 1,701.4

Annuities 319.1 304.0 307.6 317.4 309.7 930.7 989.6

Total Retirement Solutions 926.0 900.9 890.8 887.9 891.8 2,717.7 2,691.0

Investment Management 160.1 148.6 131.9 142.5 142.2 440.6 403.0

Individual Life 717.1 694.8 687.1 694.2 678.5 2,099.0 2,099.7

Employee Benefits 316.2 311.7 318.1 313.6 310.5 946.0 937.6

Total Insurance Solutions 1,033.3 1,006.5 1,005.2 1,007.8 989.0 3,045.0 3,037.3

Ongoing Business 2,119.4 2,056.0 2,027.9 2,038.2 2,023.0 6,203.3 6,131.3

Corporate 28.8 7.9 17.1 19.2 13.2 53.8 46.7

Total Closed Blocks 30.7 33.6 45.5 38.2 40.5 109.8 132.8

Total operating revenues 2,178.9 2,097.5 2,090.5 2,095.6 2,076.7 6,366.9 6,310.8

Adjustments:

Closed Block Variable Annuity (66.1) (60.3) (444.0) 68.1 42.5 (570.4) (138.1)

Net realized investment gains (losses) and

related charges and adjustments 39.8 (41.9) 30.4 49.5 253.4 28.3 553.9

Gain (loss) on change in fair value of derivatives

related to guaranteed benefits 35.1 70.1 20.6 (29.5) 43.8 125.8 112.6

Revenues related to business exited through

reinsurance or divestment (2.9) (55.8) (12.1) 1.1 27.7 (70.8) 63.5

Revenues (loss) attributable to noncontrolling interests 152.9 60.9 40.3 (34.0) 63.7 254.1 347.8

Other adjustments to operating revenues* 97.6 70.1 92.9 53.0 56.5 260.6 161.0

Total revenue 2,435.3 2,140.6 1,818.6 2,203.8 2,564.3 6,394.5 7,411.5

* Other adjustments to operating revenue includes: Fee income earned

by the Company’s broker-dealers for sales of non-proprietary products,

which are reflected net of commission expense in the Company’s

segments’ operating revenues, as well as other items where the income

is passed on to third parties.

Page 65 of 70

ING U.S.

Ongoing Business Sources of Earnings Reconciliation

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Investment spread and other investment income:

Net investment income and net realized gains (losses)

Retirement 394.5 388.8 388.9 380.1 384.5 1,172.2 1,119.8

Annuities 295.9 283.5 287.1 298.4 291.7 866.5 924.9

Investment Management 16.4 6.1 2.8 5.6 17.3 25.3 36.0

Individual Life 258.7 215.4 216.9 213.1 229.7 691.0 700.7

Employee Benefits 32.1 27.9 28.4 27.0 30.0 88.4 87.3

Total net investment income and net realized gains (losses) 997.6 921.7 924.1 924.2 953.2 2,843.4 2,868.7

Total Ongoing Business 997.6 921.7 924.1 924.2 953.2 2,843.4 2,868.7

Adjustments:

Interest credited (553.8) (551.3) (552.2) (567.1) (565.0) (1,657.3) (1,730.9)

Other (6.4) (9.4) (8.2) (14.7) (16.4) (24.0) (51.2)

Total adjustments (560.2) (560.7) (560.4) (581.8) (581.4) (1,681.3) (1,782.1)

Ongoing investment spread and other investment income 437.4 361.0 363.7 342.4 371.8 1,162.1 2,866.9

Fee based margin:

Fee income

Retirement 191.0 189.0 183.8 182.7 181.6 563.8 532.3

Annuities 11.8 11.2 9.9 10.4 9.5 32.9 25.1

Investment Management 135.4 132.3 121.7 122.6 120.1 389.4 352.1

Individual Life 278.4 280.0 276.8 282.0 262.4 835.2 833.7

Employee Benefits 15.5 15.8 15.8 15.9 15.7 47.1 46.6

Total Fee Income 632.1 628.3 608.0 613.6 589.3 1,868.4 1,789.8

Other revenue

Retirement 20.7 15.3 10.0 6.8 15.5 46.0 45.3

Annuities 3.9 2.6 2.8 2.3 2.4 9.3 10.0

Investment Management 8.3 10.2 7.4 14.3 4.8 25.9 14.9

Individual Life 5.3 7.3 7.6 7.4 6.4 20.2 19.2

Employee Benefits (1.0) (1.0) (1.0) (0.9) (1.0) (3.0) (2.8)

Total other revenue 37.2 34.4 26.8 29.9 28.1 98.4 86.6

Total Ongoing Business 669.3 662.7 634.8 643.5 617.4 1,966.8 1,876.4

Adjustments:

Surrender fees and MVA charges (10.6) (11.3) (1.5) 2.8 (5.3) (23.4) (25.5)

Insurance Solutions FAS 97 fees and unearned revenue reserve amortization/unlocking (288.3) (288.7) (285.6) (291.0) (273.8) (862.6) (858.7)

Other (0.7) 1.5 (4.1) (5.3) (2.3) (3.3) (4.7)

Total adjustments (299.6) (298.5) (291.2) (293.5) (281.4) (889.3) (888.9)

Ongoing fee based margin 369.7 364.2 343.6 350.0 336.0 1,077.5 987.5

Page 66 of 70

ING U.S.

Ongoing Business Sources of Earnings Reconciliation

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Net underwriting gain (loss) and other revenue:

Premiums

Retirement 0.7 3.8 0.5 0.9 0.5 5.0 4.0

Annuities 7.5 6.7 7.8 6.3 6.1 22.0 29.6

Investment Management —————— -

Individual Life 174.7 192.1 185.8 191.7 180.0 552.6 546.1

Employee Benefits 269.6 269.0 274.9 271.6 265.8 813.5 806.5

Total premiums 452.5 471.6 469.0 470.5 452.4 1,393.1 1,386.2

Interest credited and other policyholder benefits

Retirement (213.5) (212.1) (204.6) (212.9) (210.5) (630.2) (629.3)

Annuities (182.2) (183.9) (184.4) (192.3) (200.3) (550.5) (661.8)

Investment Management —————— -

Individual Life (468.7) (512.4) (501.6) (489.1) (509.5) (1,482.7) (1,545.3)

Employee Benefits (223.7) (213.2) (242.6) (220.9) (214.0) (679.5) (671.2)

Total interest credited and other policyholder benefits (1,088.1) (1,121.6) (1,133.2) (1,115.2) (1,134.3) (3,342.9) (3,507.6)

Total Ongoing Business (635.6) (650.0) (664.2) (644.7) (681.9) (1,949.8) (2,121.4)

Adjustments:

Interest credited 553.8 551.3 552.2 567.1 565.0 1,657.3 1,730.9

Surrender fees and MVA charges 10.6 11.3 1.5 (2.8) 5.3 23.4 25.5

Insurance Solutions FAS 97 fees and unearned revenue reserve amortization/unlocking 297.8 287.2 284.9 293.9 295.2 869.9 878.7

Sales inducements amortization and unlocking 6.1 12.0 10.1 11.7 11.3 28.2 38.0

FAS 113 and SOP 03-1 amortization and unlocking (23.1) 7.2 6.4 2.3 18.6 (9.5) 21.4

Other (10.7) (14.9) (11.0) (5.4) 0.6 (36.6) (0.4)

Total adjustments 834.5 854.1 844.1 866.8 896.0 2,532.7 2,694.1

Ongoing net underwriting gain (loss) and other revenue 198.9 204.1 179.9 222.1 214.1 582.9 572.7

Page 67 of 70

ING U.S.

Ongoing Business Sources of Earnings Reconciliation

(in millions USD) Three Months Ended Year-to-Date

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12 9/30/13 9/30/12

Administrative expenses and trail commissions:

Operating and interest expense

Retirement (205.8) (210.0) (204.0) (204.7) (199.1) (619.8) (621.4)

Annuities (31.7) (32.2) (31.0) (30.4) (32.2) (94.9) (94.8)

Investment Management (106.1) (107.5) (101.8) (111.3) (103.1) (315.4) (299.7)

Individual Life (83.9) (94.8) (91.8) (102.8) (99.2) (270.5) (298.2)

Employee Benefits (58.5) (60.5) (60.0) (60.7) (56.7) (179.0) (175.5)

Total administrative expenses and trail commissions (486.0) (505.0) (488.6) (509.9) (490.3) (1,479.6) (1,489.6)

Total Ongoing Business (486.0) (505.0) (488.6) (509.9) (490.3) (1,479.6) (1,489.6)

Adjustments:

Other 17.9 22.9 22.2 24.6 18.4 63.0 56.7

Total adjustments 17.9 22.9 22.2 24.6 18.4 63.0 56.7

Ongoing administrative expenses and trail commissions (468.1) (482.1) (466.4) (485.3) (471.9) (1,416.6) (1,432.9)

DAC/VOBA and other intangibles amortization and unlocking:

Net amortization of DAC/VOBA

Retirement (0.3) (42.7) (36.8) (44.7) (27.1) (79.8) (110.3)

Annuities (8.4) (28.4) (37.9) (88.4) (44.6) (74.7) (137.1)

Investment Management — ——— —— -

Individual Life (47.5) (47.6) (42.9) (47.7) (16.6) (138.0) (114.6)

Employee Benefits (4.9) (3.9) (3.1) (3.4) (3.7) (11.9) (10.1)

Total net amortization of DAC/VOBA (61.1) (122.6) (120.7) (184.2) (92.0) (304.4) (372.1)

Total Ongoing Business (61.1) (122.6) (120.7) (184.2) (92.0) (304.4) (372.1)

Adjustments

Sales inducements amortization and unlocking (6.1) (12.0) (10.1) (11.7) (11.3) (28.2) (38.0)

FAS 113 and SOP 03-1 amortization and unlocking 23.1 (7.2) (6.4) (2.3) (18.6) 9.5 (21.4)

Unearned revenue reserve amortization and unlocking (9.5) 1.5 0.7 (2.9) (21.4) (7.3) (20.0)

Other (0.1) (0.1) 1.1 0.8 (0.3) 0.9 (0.4)

Total adjustments 7.4 (17.8) (14.7) (16.1) (51.6) (25.1) (79.8)

Ongoing DAC/VOBA and other intangibles amortization and unlocking (53.7) (140.4) (135.4) (200.3) (143.6) (329.5) (451.9)

Page 68 of 70

ING U.S.

Fixed Maturity Securities—Hannover Life Re Modco Reinsurance

(in millions USD)

Total investments, after consolidation (See Portfolio Composition page), include the

following amounts related to business sold to Hannover Re through Modco

reinsurance, in which the risk associated with these policies has been transferred to

Hannover Life Re:

Balances as of

9/30/13 6/30/13 3/31/13 12/31/12 9/30/12

Fixed Maturity Securities—Hannover Life Re Modco Reinsurance

Security Sector

U.S. Government agencies and authorities 52.1 87.1 22.5 41.9 19.7

U.S. Corporate—Public 861.2 896.6 782.1 798.7 818.2

Foreign Government / Agency 3.4 3.4 3.5 2.0 2.8

Foreign Corporate—Public 137.8 138.5 144.0 144.2 129.2

State, municipalities and political subdivisions 104.1 108.2 118.3 119.4 119.8

Residential mortgaged-backed securities:

Agency 97.2 107.9 124.4 133.4 139.4

Non—Agency 1.2 1.5 1.8 2.2 2.5

Total Residential mortgage-backed securities 98.4 109.4 126.2 135.6 141.9

Commercial mortgage-backed securities 94.3 100.3 108.0 114.7 121.2

Other asset-backed securities 18.5 19.0 22.2 25.8 27.7

Total fixed maturities, including securities pledged 1,369.8 1,462.5 1,326.8 1,382.3 1,380.5

Page 69 of 70

ING U.S. Ratings

A.M. Best Fitch Standard & Poor’s Moody’s

Insurance Financial Strength Ratings

ING Life Insurance and Annuity Company A A- A- A3

ING USA Annuity & Life Insurance Company A A- A- A3

Midwestern United Life Insurance Company A- NR A- NR

ReliaStar Life Insurance Company A A- A- A3

ReliaStar Life Insurance Company of New York A A- A- A3

Security Life of Denver Insurance Company A A- A- A3

Credit Ratings

ING U.S., Inc.

Long-Term Issuer Credit bbb BBB BBB- Baa3

Long-Term Senior Unsecured Debt bbb BBB- BBB- Baa3

Junior Subordinated Debt bb+ BB BB Ba1 (hyb)

Commercial Paper (1) NR F2 A-2 P-2

Lion Connecticut Holdings, Inc.

Long-Term Issuer Credit NR NR BBB- Baa3

Program terminated October 3, 2013 (1)

Investor Information

Corporate Offices: Media Contact: Investor Contact:

ING U.S. Christopher Breslin Darin Arita

230 Park Avenue 212-309-8941 212-309-8999

New York, New York 10169 Christopher.Breslin@us.ing.com IR@us.ing.com

NYSE Ticker: Web Site:

VOYA investors.ing.us

Page 70 of 70