Company Press Release

ING U.S. Investment Management Hires Industry Veteran Greg Tencza As Managing Director and Head of Institutional Distribution

New York, NY January 3, 2013

ING U.S. Investment Management (ING IM) today announced that it has hired Greg Tencza as Managing Director and Head of Institutional Distribution. In his role, Tencza will set and execute the strategic direction and all aspects of ING IM’s institutional business. Tencza reports to Shaun Mathews, Head of the Client Group.

“We are pleased to have such a seasoned investment management professional as Greg join the firm in a key strategic leadership role,” said Jeffrey Becker, CEO of ING U.S. Investment Management. “Greg will work closely with our institutional management and distribution team to offer investment solutions that best meet the needs of our clients and prospects. Greg’s extensive institutional investment management experience will be a major advantage as we continue to execute our growth strategy and build-out our platform.”

He will become a member of ING IM’s Management Committee, which is responsible for setting strategic direction for the investment business.

Tencza joins ING U.S. Investment Management from AllianceBernstein where he worked for the past 14 years, most recently as global co-head of the institutional and intermediary distribution responsible for growing assets under management globally. He held a number of other senior positions within the firm’s institutional distribution network including global head of sales and client service, head of global marketing and head of global product management. Earlier in his career, Greg worked in real estate development with a number of institutions, including Pennsylvania Real Estate Investment Trust (PREIT). He received a BA in Economics from Colgate University.

About ING U.S.

ING U.S. constitutes the U.S.-based retirement, investment and insurance operations of Netherlands-based ING Groep N.V. (NYSE: ING). In the U.S., the ING U.S. family of companies offers a comprehensive array of financial services to retail and institutional clients, including retirement plans, IRA rollovers and transfers, stable value, institutional investment management, mutual funds, alternative investments, life insurance, employee benefits, fixed and indexed annuities and financial planning. INGU.S. holds top-tier rankings in keyU.S. markets and serves approximately 13 million customers across the nation. For more information, visit http://ing.us.

About ING U.S. Investment Management

ING U.S. Investment Management (ING U.S. IM), one of ING U.S.’s three core businesses, is a leading active asset management firm. As of September 30, 2012, ING U.S. IM manages approximately $179 billion for both affiliated and external institutions as well as individual investors. ING U.S. IM has the experience and resources to invest responsibly across asset classes, geographies and investment style bringing local, regional and global investments to our clients. For more information, visit www.inginvestment.com.