0001571049-15-005288 Sample Contracts

VOYA MUTUAL FUNDS
Sub-Advisory Agreement • June 24th, 2015 • Voya MUTUAL FUNDS • Arizona

AGREEMENT, effective as of February 10, 2015, between Voya Investments, LLC, an Arizona limited liability company (the “Manager”), and ING Investment Management Advisors B.V., a subsidiary of ING Groep N.V., domiciled in The Hague, The Netherlands (the “Sub-Adviser”) (the “Agreement”).

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AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT VOYA MUTUAL FUNDS
Investment Management Agreement • June 24th, 2015 • Voya MUTUAL FUNDS • New York
Voya MUTUAL FUNDS
Voya MUTUAL FUNDS • June 24th, 2015 • Arizona

AGREEMENT, effective as of March 24, 2015, between Voya Investments, LLC, an Arizona limited liability company (the “Manager”), and ING Investment Management Advisors B.V., a subsidiary of ING Groep N.V., domiciled in The Hague, The Netherlands (the “Sub-Adviser”) (the “Agreement”).

May 22, 2015
Voya MUTUAL FUNDS • June 24th, 2015

Pursuant to the Amended and Restated Investment Management Agreement, dated May 1, 2015, as amended, between Voya Mutual Funds and Voya Investments, LLC (the “Agreement”), we hereby notify you of our intention to modify the breakpoints to the annual investment management fee for Voya Global Value Advantage Fund (formerly, Voya International Value Equity Fund, the “Fund”), effective as of the close of business on May 22, 2015, upon all of the terms and conditions set forth in the Agreement.

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