May 1, 2014 Todd Modic Senior Vice President Voya Investments, LLC Suite 100 Scottsdale, AZ 85258 Dear Mr. Modic:

(d)(2)(i)

May 1, 2014

Xxxx Xxxxx

Senior Vice President

Voya Investments, LLC

0000 X. Xxxxxxxxxx Xxxxx Xx.

Suite 100

Scottsdale, AZ 85258

Dear Xx. Xxxxx:

ING Investments, LLC (now known as Voya Investments, LLC, “Voya Investments”) and ING Investment Management Co. LLC (now known as Voya Investment Management Co. LLC, “Voya IM”) are parties to a Sub-Advisory Agreement dated May 7, 2013, as amended (the “Agreement”), and pursuant to the Agreement, Voya Investments has agreed to pay Voya IM an annual sub-advisory fee of 0.27% as a percentage of average daily net assets of ING Australia Index Portfolio (now known as Voya Australia Index Portfolio, the “Portfolio”). By this letter dated May 1, 2014, Voya IM voluntarily waives a portion of the annual sub-advisory fee that it is entitled to receive as follows:

Voya IM will waive 0.1125% of the sub-advisory fee payable by Voya Investments for a period from May 1, 2014 through and including May 1, 2015 for the Portfolio, as indicated in the net sub-advisory fee rate reflected in the schedule set out below.

		Annual Sub-Advisory Fee
Series		Gross		Waiver		Net
Voya Australia Index Portfolio		0.27%		0.1125%		0.1575%

Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of Voya Variable Portfolios, Inc.

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May 1, 2014

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Please acknowledge your acceptance of this fee waiver by executing below in the place indicated.

		Very sincerely,
By:		/s/ Xxxxxxxxxxx Xxxxx
		Xxxxxxxxxxx Xxxxx Vice President, Finance Voya Investment Management Co. LLC

ACCEPTED AND AGREED TO:

Voya Investments, LLC

By:		/s/ Xxxx Xxxxx
		Xxxx Xxxxx Senior Vice President