Voya Financial, Inc.

Good morning. Welcome to Voya Financial's first quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touchtone phone. To withdraw your question, please press star two. Participants are limited to one question and one follow-up. Please note this event is being recorded. I would now like to turn the call over to Maini Chu, Head of Investor Relations. Please go ahead.

Good morning, and thank you for joining us for Voya Financial's first quarter 2025 earnings conference call. As a reminder, materials for today's call are available on our website at investors.voya.com. We will begin with prepared remarks by Heather Lavallee, our Chief Executive Officer, and Mike Katz, our Chief Financial Officer. Following the prepared remarks, we will take your questions. I'm also joined on this call by the heads of our businesses, specifically Jay Katuson, CEO of Workplace Solutions, and Matt Toms, CEO of Investment Management. Turning to our earnings presentation materials that are available on our website. On slide two, some of the comments made during today's discussion may contain forward-looking statements and refer to certain non-GAAP financial measures within the meaning of federal securities law. GAAP reconciliations are available in our press release and financial supplement found on our investor relations website. And now, I will turn the call over to Heather.

Thank you, Maynee. Good morning, and thank you for joining us today. Let's turn to slide four. Let me start with what continues to differentiate Goya, especially in today's environment. Our capital light businesses generate diverse revenue streams and have allowed us to consistently generate free cash flow across all market cycles. Our strong capital and liquidity positions support our healthy balance sheet, giving us confidence even in adverse markets. And the need for innovative, value-added workplace solutions supported by top-notch asset management, continues to grow. For these reasons, Voya offers a resilient and relevant business model with a clear commitment to creating long-term value for our stakeholders, making us a compelling investment opportunity. Turning to highlights from the quarter on page five, I'm encouraged by the results we delivered across our businesses, which were driven by continued execution against our strategic priorities. In Wealth Solutions and Investment Management, we delivered strong commercial results, highlighting continued momentum into 2025. In Wealth Solutions, we achieved defined contributions organic net flows of approximately $30 billion. Additionally, we added $60 billion in assets from the One America acquisition, which closed in January. Together, These results are a clear indicator of our focused execution and competitive differentiation. Momentum is strong in 2025 with a 7% increase in full service known sales in the first quarter as compared to the prior year. We also have robust commitments in the large and mega space set to fund in 25 and 26, particularly in large corporate and tax exempt markets. In investment management, we generated net cash flows of $7.7 billion, representing 2.5% organic growth in the quarter. Our strong net flows were across a breadth of strategies, including both institutional and retail markets. Additionally, our investment platforms, including fixed income, private assets, and multi-asset, continue to demonstrate strength. Our pipeline remains strong and diverse, supporting our objective of achieving our long-term organic growth target of over 2%. We improved margins and health solutions in the first quarter. Our goal is to stabilize our stop-loss experience, and while early, we are off to a good start. Before I turn it over to Mike, I want to take a moment to acknowledge the broader environment in which we are operating. Economic signals have been mixed, and market volatility has remained elevated, which leads us to proceed with caution. This is a more complex environment than we've seen in some time, and we remain mindful of this backdrop. But our results this quarter underscore the strength of our business model and our ability to focus on the levers that matter most, commercial momentum, cash generation, and maintaining a healthy balance sheet. Finally, I want to recognize our team In a dynamic environment, their focus and execution continue to make a real difference. With that, Mike will now provide more details on our performance and results. Mike?