POWER OF ATTORNEY

TOUCHSTONE VARIABLE SERIES TRUST (“TVST”)

Touchstone Balanced Fund

Each of the undersigned Trustees of the Trust named above hereby authorizes and appoints each of E. Blake Moore, Jr., Terrie A. Wiedenheft, Meredyth A. Whitford-Schultz, and Timothy S. Stearns or any of them, his or her true and lawful attorney-in-fact and agent, with full power to each such attorney-in-fact and agent to sign for him or her and in his or her name, place and stead, in his or her capacity as a Trustee of TVST, any and all amendments to the Registration Statement on Form N-14 under the Securities Act of 1933, as amended, relating to the above-referenced series of TVST, and to file the same, with all exhibits thereto, and any and all other documents and papers in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection therewith as fully to all intents and purposes, as he or she might or could do in person, with full power of substitution and revocation, hereby ratifying and confirming all said attorney-in-fact and agent may lawfully do or cause to be done by virtue of this power of attorney.

The undersigned Trustees hereby execute this Power of Attorney as of this January 25, 2021.

/s/Karen Carnahan         Karen Carnahan	/s/ Jill T. McGruder Jill T. McGruder
/s/ William C. Gale William C. Gale	/s/ Kevin Robie Kevin A. Robie
/s/ Susan Hickenlooper Susan J. Hickenlooper	/s/ William H. Zimmer William H. Zimmer III