Exhibit (d)(3)(iii) May 1, 2022 Voya Variable Portfolios, Inc.

Exhibit (d)(3)(iii)

May 1, 2022

Voya Variable Portfolios, Inc.

0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx

Suite 100

Scottsdale, AZ 85258-2034

Re: Expense Limitations

Ladies and Gentlemen:

By execution of this letter agreement to the Expense Limitation Agreement ("ELA") between Voya Investments, LLC ("VIL") and Voya Variable Portfolios, Inc. ("VVPI"), on behalf of Voya International Index Portfolio (the "Portfolio"), intending to be legally bound hereby, VIL, the investment manager to the Portfolio, agrees that, from May 1, 2022 through May 1, 2024, VIL shall waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Portfolio shall be as follows:

	Maximum Operating Expense Ratios
Name of Portfolio	(as a percentage of average net assets)
		Share Classes
	Adviser			I	S	S2
Voya International Index Portfolio	0.95%	0.45%	0.70%	0.85%

We are willing to be bound by this letter agreement to lower our fees for the period from May 1, 2022 through May 1, 2024. The method of computation to determine the amount of the fee waiver and the definitions as set forth in ELA shall apply, subject to possible recoupment by VIL within 36 months. This letter agreement shall terminate upon termination of the ELA.

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May 1, 2022

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Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of VVPI.

Very sincerely,

By: /s/Xxxx Xxxxx_____________

Name: Xxxx Xxxxx

Title: Senior Vice President

Voya Investments, LLC

ACCEPTED AND AGREED TO:

Voya Variable Portfolios, Inc.

By: /s/Xxxxxxxx X. Xxxxxxxx

Name: Xxxxxxxx X. Xxxxxxxx

Title: Senior Vice President, Xxxx Authorized