EX-99.(A)(39) 2 d633015dex99a39.htm ARTICLES SUPPLEMENTARY DATED JANUARY 23, 2014 Articles Supplementary dated January 23, 2014

(a)(39)

ING VARIABLE PORTFOLIOS, INC.

ARTICLES SUPPLEMENTARY

ING VARIABLE PORTFOLIOS, INC., a Maryland corporation registered as an open-end investment company under the Investment Company Act of 1940, as amended, and having its principal office in the State of Maryland in Baltimore City, Maryland (hereinafter called the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland (the “Department”) that:

FIRST: The total number of shares of stock that the Corporation has authority to issue is sixteen billion, nine hundred million (16,900,000,000) shares of Capital Stock with a par value of one-tenth of one cent ($.001) per share, having an aggregate par value of sixteen million, nine hundred thousand dollars ($16,900,000).

SECOND: At its January 23, 2014 meeting and pursuant to the authority expressly vested in it by Sections Second (8) and 9 (vii) of the Corporation’s Articles of Amendment and Restatement (the “Charter”), the Board of Directors (the “Board”) of the Corporation adopted resolutions classifying and designating one hundred million (100,000,000) authorized and unissued shares of undesignated Capital Stock of the Corporation, as shares of the following Class of the following Series (as defined below) (but not increasing the aggregate number of authorized shares or the aggregate par value):

 

Name of Series

  

Name of Class of Series

  

Shares Allocated

ING Global Value Advantage Portfolio    Class I    100,000,000

THIRD: the Board of the Corporation, by unanimous written consent dated April 2, 2014, and pursuant to the authority expressly vested in it by Section Second (8) of the Corporation’s Charter, the Board of the Corporation, acting in accordance with Section 2-105(c) of the Maryland General Corporation Law, adopted resolutions classifying and designating one hundred and fifty million (150,000,000) authorized and unissued shares of undesignated Capital Stock of the Corporation, as additional shares of the following Class (as defined below) (but not increasing the aggregate number of authorized shares or the aggregate par value):

 

Name of Series

  

Name of Class of Series

  

Shares Allocated

ING International Index Portfolio    Adviser Class    150,000,000

FOURTH: The shares designated and classified in Articles SECOND and THIRD of these Articles Supplementary, shall have the preferences, rights, powers, restrictions, limitations, qualifications and terms and conditions of redemption as set forth in Section Second (6) of, and elsewhere in, and shall be subject to all provisions of, the Charter.


FIFTH: Immediately prior to the classification of the additional Capital Stock as set forth in Articles SECOND and THIRD, the total number of shares of each authorized class of Capital Stock that the Corporation had authority to issue was as follows:

 

Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING Australia Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

ING Emerging Markets Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Euro STOXX 50 Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

200,000,000

 

ING FTSE 100 Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

ING Global Value Advantage Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Hang Seng Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

 

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Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING Index Plus LargeCap Portfolio   

 

Adviser Class

  

 

100,000,000

 

  

 

Class I

 

  

 

200,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Index Plus MidCap Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Index Plus SmallCap Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING International Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

200,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Japan TOPIX Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

ING Russell Global Large Cap Index 75% Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

Class S2

 

  

 

100,000,000

 

 

3


Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING Russell Large Cap Growth Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

ING Russell Large Cap Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

400,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Large Cap Value Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

ING Russell Mid Cap Growth Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Mid Cap Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

300,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Small Cap Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

 

4


Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING Small Company Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING U.S. Bond Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

700,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

for a total of eight billion, two hundred million (8,200,000,000) shares designated and classified into separate classes of Capital Stock, with eight billion, seven hundred million (8,700,000,000) shares remaining undesignated and unclassified.

SIXTH: Immediately following the classification and designation of shares set forth in Articles SECOND and THIRD, the total number of shares of each authorized class of Capital Stock that the Corporation has authority to issue is as follows:

 

Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING Australia Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

ING Emerging Markets Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Euro STOXX 50 Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

200,000,000

 

 

5


Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING FTSE 100 Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

ING Global Value Advantage Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Hang Seng Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

ING Index Plus LargeCap Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

200,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Index Plus MidCap Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Index Plus SmallCap Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

 

6


Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING International Index Portfolio   

 

Adviser Class

 

  

 

250,000,000

 

  

 

Class I

 

  

 

200,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Japan TOPIX Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

ING Russell Global Large Cap Index 75% Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Large Cap Growth Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

ING Russell Large Cap Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

400,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Large Cap Value Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

 

7


Name of Series    Name of Class of Series   

Number of Shares

Allocated

ING Russell Mid Cap Growth Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Mid Cap Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

300,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Russell Small Cap Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING Small Company Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

100,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

ING U.S. Bond Index Portfolio   

 

Adviser Class

 

  

 

100,000,000

 

  

 

Class I

 

  

 

700,000,000

 

  

 

Class S

 

  

 

100,000,000

 

  

 

Class S2

 

  

 

100,000,000

 

for a total of eight billion, four hundred and fifty million (8,450,000,000) shares designated and classified into separate classes of Capital Stock, with eight billion, four hundred and fifty million (8,450,000,000) shares remaining undesignated and unclassified.

IN WITNESS WHEREOF, the Corporation has caused these Articles Supplementary to be signed in its name on its behalf by its authorized officers who acknowledge that these Articles Supplementary are the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles Supplementary are true in all material respects and that this statement is made under the penalties of perjury.

 

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WITNESS:       ING Variable Portfolios, Inc.  
/s/ Huey P. Falgout  

 

    /s/ Todd Modic  

 

Name: Huey P. Falgout, Jr.       Name: Todd Modic  
Title:   Secretary       Title:   Senior Vice President  

Dated: April 7                 , 2014

 

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CERTIFICATE

THE UNDERSIGNED, Senior Vice President of ING Variable Portfolios, Inc., who executed on behalf of said Corporation the foregoing Articles Supplementary to the Charter, of which this certificate is made a part, hereby acknowledges that the foregoing Articles Supplementary are the act of the said Corporation and further certifies that, to the best of his knowledge, information and belief, the matters and facts set forth therein with respect to the approval thereof are true in all material respects, under the penalties of perjury.

 

  /s/ Todd Modic  

 

  Name: Todd Modic  
  Title:   Senior Vice President  

 

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