LNC / Lincoln National Corporation - Pengajuan SECLaporan Tahunan, Pernyataan Proksi

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 ☐ Transition Report P

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-6028 LINCOLN NA

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 July 31, 2025 Date of Report (Date of earliest event reported) Lincoln National Cor

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 July 31, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of in

Second Supplemental Indenture, dated as of May 20, 2025, under the Senior Indenture dated as of March 10, 2009, between LNC and the Bank of New York Mellon.

Exhibit 4.2 SECOND SUPPLEMENTAL INDENTURE between LINCOLN NATIONAL CORPORATION, ISSUER, and THE BANK OF NEW YORK MELLON, NOTES TRUSTEE DATED AS OF MAY 20, 2025 TABLE OF CONTENTS Page SECTION 1.01. Definitions and Interpretation 1 ARTICLE II THE NOTES SECTION 2.01. Establishment 3 SECTION 2.02. Payment of Principal and Interest 4 SECTION 2.03. Transfer and Exchange 5 SECTION 2.04. Restricted Legend

Form of 2.330% Senior Notes due 2030.

Exhibit 4.1 THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THIS SECURITY IS HEREBY NOTIFIED THAT THE SELLER OF THIS SECURITY MAY BE RELYING ON TH

Lincoln Financial Reports 2025 Second Quarter Results

' For Immediate Release Lincoln Financial Reports 2025 Second Quarter Results Radnor, PA, July 31, 2025: Lincoln Financial (NYSE: LNC) today reported financial results for the second quarter ended June 30, 2025.

Earnings Supplement Second Quarter 2025 July 31, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this press release and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking

a2q2025investorsupplemen Earnings Supplement Second Quarter 2025 July 31, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this press release and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

The Severance Plan for Officers of LNC (amended and restated effective May 21, 2025).*

Exhibit 10.2 THE SEVERANCE PLAN FOR OFFICERS OF LINCOLN NATIONAL CORPORATION (Amended and Restated effective as of May 21, 2025) Purpose and Interpretation This amendment and restatement of The Severance Plan for Officers of Lincoln National Corporation (the “Plan”) is effective as of May 21, 2025. This document amends and restates the August 22, 2024 version of the Plan. This Plan is intended to

6/30/24 (1)

Statistical Supplement Second Quarter 2025 Lincoln Financial Table of Contents Notes .

Notice of Fund Changes (“Notice”) for: LNL Agents’ 401(k) Savings Plan

Filed Pursuant to Rule 433 Registration Nos. 333-283057 and 333-163855 July 1, 2025 The following information is a Notice of Fund Changes relating to the Investment Lineup under the LNL Agents’ 401(k) Savings Plan (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), you should log on to your account at www.LincolnFinancial.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT P

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR [ ] TRANSITION REPORT PURSUANT TO SECTI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT P

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR [ ] TRANSITION REPORT PURSUANT TO SECTI

Lincoln Financial Announces the Early Results and Upsizing of Its Cash Tender Offer for Certain Outstanding Securities

Exhibit 99.1 For Immediate Release Lincoln Financial Announces the Early Results and Upsizing of Its Cash Tender Offer for Certain Outstanding Securities Radnor, PA, May 27, 2025 — Lincoln Financial (NYSE: LNC) (the “Company”) today announced the early results of its previously announced cash tender offer (the “Offer”) for its: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”); (ii) 4.350% Senio

Lincoln Financial Announces Pricing Terms of Its Cash Tender Offer for Certain Outstanding Securities

EX-99.2 Exhibit 99.2 For Immediate Release Lincoln Financial Announces Pricing Terms of Its Cash Tender Offer for Certain Outstanding Securities Radnor, PA, May 27, 2025 — Lincoln Financial (NYSE: LNC) (the “Company”) today announced the pricing terms for its previously announced cash tender offer (the “Offer”) for its: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”); (ii) 4.350% Senior Notes

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 27, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc

Amended and Restated Bylaws of Lincoln National Corporation (“LNC”), effective May 22, 2025, are incorporated by reference to Exhibit 3.1 to LNC’s Form 8-K (File No. 1-6028) filed with the Securities and Exchange Commission (“SEC”) on May 23, 2025.

Exhibit 3.1 AMENDED AND RESTATED BYLAWS OF LINCOLN NATIONAL CORPORATION (Effective May 22, 2025) ARTICLE 1. Shareholders Section 1. Annual Meeting. An annual meeting of the shareholders shall be held at such hour and on such date as the board of directors may select in each year for the purpose of electing directors for the terms hereinafter provided and for the transaction of such other business

CALCULATION OF FILING FEE TABLES FORM S-8 (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-8 (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Newly Registered Securities Fees to be Paid 1 Equity Common Stock, no par value Rule 457(c) and Rule 457(h) 1,750,000 $34.

Amendment No. 4 to the LNC 2020 Incentive Compensation Plan (effective May 22, 2025) is incorporated by reference to Exhibit 10.1 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on May 23, 2025.*

Exhibit 10.1 Amendment No. 4 to the Lincoln National Corporation 2020 Incentive Compensation Plan Pursuant to Section 11(c) of the Lincoln National Corporation 2020 Incentive Compensation Plan, as amended by Amendments No. 1, No. 2 and No. 3 thereto (the “Plan”), the Board of Directors of Lincoln National Corporation (“Board”) amends the Plan as follows, subject to the approval of the Company’s sh

As filed with the Securities and Exchange Commission on May 23, 2025

As filed with the Securities and Exchange Commission on May 23, 2025 File No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation (Exact Name of Registrant as Specified in Its Charter) Indiana (State or Other Jurisdiction of Incorporation or Organization) 35-1140070 (I.R.S. Employ

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 22, 2025 Date of Report (Date of earliest event reported) Lincoln National Corp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 22, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 15, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commission Fi

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 12, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commission Fi

Lincoln Financial Announces Cash Tender Offer For Certain Outstanding Securities

Exhibit 99.1 For Immediate Release Lincoln Financial Announces Cash Tender Offer For Certain Outstanding Securities Radnor, PA, May 12, 2025 – Lincoln Financial (NYSE: LNC) (the “Company”) today announced the commencement of a cash tender offer (the “Offer”) for the following: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”), (ii) 4.350% Senior Notes due 2048 (the “2048 Notes”), (iii) Capital S

Earnings Supplement First Quarter 2025 May 8, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this press release and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking st

Earnings Supplement First Quarter 2025 May 8, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this press release and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

Form of RSU Award Agreement for CEO (February 2025; alternate vesting).*

Exhibit 10.4 LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For CEO Alternate Vesting This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, and Grantee’s acceptance

Form of Long-Term Incentive Award Program Performance Cycle (“PSA”) Agreement for CEO (effective February 2025).*

Exhibit 10.1 LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For CEO This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee’s acceptance of the award, in accordance

Form of PSA Agreement for CEO (February 2025; alternate vesting).* ^

Exhibit 10.3 LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For CEO Alternate Vesting This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee’s acceptance of the aw

Form of RSU Award Agreement for SMC (other than CEO) (effective February 2025).*

Exhibit 10.6 LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For Senior Management Committee (other than CEO) This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, a

Form of PSA Agreement for Senior Management Committee (“SMC”) (other than CEO) (effective February 2025).*

Exhibit 10.5 LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For Senior Management Committee (other than CEO) This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 8, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inco

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2025 ☐ Transition Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-6028 LINCOLN N

Lincoln Financial Reports 2025 First Quarter Results

' For Immediate Release Lincoln Financial Reports 2025 First Quarter Results Radnor, PA, May 8, 2025: Lincoln Financial (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2025.

1-3

Statistical Supplement First Quarter 2025 Lincoln Financial Table of Contents Notes .

Form of Restricted Stock Unit (“RSU”) Award Agreement for CEO (effective February 2025).*

Exhibit 10.2 LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For CEO This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, and Grantee’s acceptance of the RSUs, in a

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.  )

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.

Lincoln Financial Announces Long-Term Strategic Partnership with Bain Capital April 9, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this presentation are "forward-looking statements" within the meaning of the Pri

Lincoln Financial Announces Long-Term Strategic Partnership with Bain Capital April 9, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 ("PSLRA").

[LINCOLN FINANCIAL LOGO] [BAIN FINANCIAL LOGO] Lincoln Financial and Bain Capital Announce Long-Term Strategic Partnership

Exhibit 99.1 [LINCOLN FINANCIAL LOGO] [BAIN FINANCIAL LOGO] Lincoln Financial and Bain Capital Announce Long-Term Strategic Partnership •Lincoln, a trusted provider of retail life and annuity solutions and workplace benefits, and Bain Capital, a leading global investment firm, announced the formation of a strategic partnership. •Bain Capital to acquire a 9.9% ownership stake in Lincoln for aggrega

Regulation FD Disclosure, Unregistered Sales of Equity Securities, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 April 9, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of in

Notice of Fund Changes (“Notice”) for: Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers

Filed Pursuant to Rule 433 Registration No. 333-265361 March 21, 2025 The following information is a Notice of Fund Changes relating to certain investment options under the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), visit LincolnFinanci

Notice of Fund Changes (“Notice”) for: LNL Agents’ 401(k) Savings Plan (the “Plan”)

Filed Pursuant to Rule 433 Registration Nos. 333-283057 and 333-163855 March 21, 2025 The following information is a Notice of Fund Changes relating to the Investment Lineup under the LNL Agents’ 401(k) Savings Plan (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), you should log on to your account at www.LincolnFinancia

Amended and Restated Bylaws of Lincoln National Corporation (“LNC”), effective March 3, 2025, are incorporated by reference to Exhibit 3.1 to LNC’s Form 8-K (File No. 1-6028) filed with the Securities and Exchange Commission (“SEC”) on March 4, 2025.

Exhibit 3.1 AMENDED AND RESTATED BYLAWS OF LINCOLN NATIONAL CORPORATION (Effective March 3, 2025) ARTICLE 1. Shareholders Section 1. Annual Meeting. An annual meeting of the shareholders shall be held at such hour and on such date as the board of directors may select in each year for the purpose of electing directors for the terms hereinafter provided and for the transaction of such other business

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 3, 2025 Date of Report (Date of earliest event reported) Lincoln National Cor

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 3, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of in

[LINCOLN FINANCIAL LOGO]

Exhibit 99.1 [LINCOLN FINANCIAL LOGO] Lincoln National Corporation elects Jim Morris to serve on the Board of Directors Radnor, Pa., March 4, 2025 - Lincoln Financial (NYSE: LNC) today announced the election of James (Jim) Morris as a director to serve on the company’s Board of Directors, effective March 3, 2025 and increasing the size of the Board from ten to eleven directors. Mr. Morris retired

Subsidiaries List.

Exhibit 21 Subsidiaries of Lincoln National Corporation As of December 31, 2024 Organized Under Law of: Ownership Lincoln National Corporation Indiana 100 % First Penn-Pacific Life Insurance Company Indiana 100 % Jefferson-Pilot Investments, Inc.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2024 ☐ Transition Report Pursua

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number 1-6028 LINCOLN NATIONAL

LNC Insider Trading and Confidentiality Policy is filed herewi

Exhibit 19.1 Certain identified information has been excluded from this exhibit because it both (i) is not material and (ii) is the type that the company treats as private or confidential. [***] indicates redacted information. Insider Trading and Confidentiality Policy POLICY STATEMENT It is the Policy and practice of Lincoln Financial Group to comply strictly with laws governing the use of materi

LNC Excess Retirement Plan, amendment and restatement effective December 31, 2024, is filed herewith.*

Exhibit 10.20 LINCOLN NATIONAL CORPORATION EXCESS RETIREMENT PLAN Amendment & Restatement Effective December 31, 2024 (except as otherwise indicated) The Lincoln National Corporation Excess Retirement Plan (the "Plan") is hereby adopted effective November 5, 2007 by Lincoln National Corporation and Participating Employers. The Plan is the successor to and replaces the following plans: the Lincoln

Notice of Fund Changes (“Notice”) for: Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers

Filed Pursuant to Rule 433 Registration No. 333-265361 February 19, 2025 The following information is a Notice of Fund Changes relating to certain investment options under the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), visit LincolnFina

Summary of Material Modifications: LNL Agents’ 401(k) Savings Plan

Filed Pursuant to Rule 433 Registration No. 333-283057 and 333-163855 February 19, 2025 The following information is a Summary of Material Modifications to the LNL Agents’ 401(k) Savings Plan Summary Plan Description/Prospectus relating to changes to the LNL Agents’ 401(k) Savings Plan (the “Plan”) effective January 1, 2025 or as otherwise noted. For more information about the Plan, you should log

Supplement on Plan Loans LNL Agents’ 401(k) Savings Plan Summary Plan Description & Prospectus Effective November 7, 2024

Filed Pursuant to Rule 433 Registration No. 333-283057 and 333-163855 February 19, 2025 The following information is the Supplement on Plan Loans to the LNL Agents’ 401(k) Savings Plan (the “Plan”) Summary Plan Description and Prospectus. For more information about Plan loans, you should log on to your account at www.LincolnFinancial.com or contact the Lincoln Customer Contact Center at 800-234-35

Notice of Fund Changes (“Notice”) for: LNL Agents’ 401(k) Savings Plan (the “Plan”)

Filed Pursuant to Rule 433 Registration No. 333-283057 and 333-163855 February 19, 2025 The following information is a Notice of Fund Changes relating to the Investment Lineup under the LNL Agents’ 401(k) Savings Plan (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), you should log on to your account at www.LincolnFinanc

Earnings Supplement Fourth Quarter 2024 February 6, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this press release and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-look

Earnings Supplement Fourth Quarter 2024 February 6, 2025 2 Forward-Looking Statements – Cautionary Language Certain statements made in this press release and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 6, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

Lincoln Financial Reports 2024 Fourth Quarter and Full Year Results

' For Immediate Release Lincoln Financial Reports 2024 Fourth Quarter and Full Year Results Radnor, PA, February 6, 2025: Lincoln Financial (NYSE: LNC) today reported financial results for the fourth quarter and full year ended December 31, 2024.

12/31/23 (1)

Statistical Supplement Fourth Quarter 2024 Lincoln Financial Table of Contents Notes .

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 January 30, 2025 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

Amended and Restated Bylaws of the Company, effective January 31, 2025.

Exhibit 3.1 AMENDED AND RESTATED BYLAWS OF LINCOLN NATIONAL CORPORATION (Effective January 31, 2025) ARTICLE 1. Shareholders Section 1. Annual Meeting. An annual meeting of the shareholders shall be held at such hour and on such date as the board of directors may select in each year for the purpose of electing directors for the terms hereinafter provided and for the transaction of such other busin

Filing Fee Table

Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-3ASR (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Newly Registered Securities Fees to be Paid 1 Equity Common Stock, no par value Other 2,651,000 $34.

As filed with the Securities and Exchange Commission on November 7, 2024

As filed with the Securities and Exchange Commission on November 7, 2024 File No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation (Exact Name of Registrant as Specified in Its Charter) Indiana (State or Other Jurisdiction of Incorporation or Organization) 35-1140070 (I.R.S. Em

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 October 31, 2024 Date of Report (Date of earliest event reported) Lincoln National

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 October 31, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

Lincoln Financial Reports 2024 Third Quarter Results

' For Immediate Release Lincoln Financial Reports 2024 Third Quarter Results Radnor, PA, October 31, 2024: Lincoln Financial (NYSE: LNC) today reported financial results for the third quarter ended September 30, 2024.

For the Three Months Ended (1)

Statistical Supplement Third Quarter 2024 Lincoln Financial Table of Contents Notes .

Earnings Supplement Third Quarter 2024 Insurance products issued by: The Lincoln National Life Insurance Company Lincoln Life & Annuity Company of New York October 31, 2024 2 Forward-Looking Statements – Cautionary Language Certain statements made in

a3q2024investorsupplemen Earnings Supplement Third Quarter 2024 Insurance products issued by: The Lincoln National Life Insurance Company Lincoln Life & Annuity Company of New York October 31, 2024 2 Forward-Looking Statements – Cautionary Language Certain statements made in this presentation and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

Amendment No. 5 to the LNC Deferred Compensation and Supplemental/Excess Retirement Plan, effective August 22, 2024.*

Exhibit 10.3 Amendment No. 5 Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan (As Amended and Restated Effective January 1, 2020) The Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan (the “Plan”) is hereby amended, effective as of August 22, 2024, by: 1. Amending the definition of “Cause” in Article 1 of the Plan, in i

Omnibus Plan Amendment including Amendment No. 4 to the LNC Deferred Compensation and Supplemental/Excess Retirement Plan and Amendment No. 1 to the LNC Deferred Compensation Plan for Non-Employee Directors.*

Exhibit 10.2 Amendment1 1.The Document to each of the following Plans: a.Lincoln National Corporation Retirement Plan for Employees Hired Before January 1, 2008 b.Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan c.Lincoln National Corporation Excess Retirement Plan d.Lincoln National Corporation Supplemental Retirement Plan ("O&E SERP") e.Lincoln National Co

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 ☐ Transition Rep

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-6028 LINCO

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 17, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer

Amended and Restated Bylaws of Lincoln National Corporation (“LNC”), effective September 17, 2024, are incorporated by reference to Exhibit 3.1 to LNC’s Form 8-K (File No. 1-6028) filed with the Securities and Exchange Commission (“SEC”) on September 18, 2024.

AMENDED AND RESTATED BYLAWS OF LINCOLN NATIONAL CORPORATION (Effective September 17, 2024) ARTICLE 1.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 22, 2024 Date of Report (Date of earliest event reported) Lincoln National C

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 22, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

The Severance Plan for Officers of Lincoln National Corporation (amended and restated effective as of August 22, 2024).

Exhibit 10.1 THE SEVERANCE PLAN FOR OFFICERS OF LINCOLN NATIONAL CORPORATION (Amended and Restated effective as of August 22, 2024) Purpose and Interpretation This amendment and restatement of The Severance Plan for Officers of Lincoln National Corporation (the “Plan”) is effective as of August 22, 2024. This document amends and restates the December 31, 2023 version of the Plan. This Plan is inte

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Lincoln Financial Group Table of Contents Notes 1 Credit Ratings 2 Consolidated Consolidated Statements of Income (Loss) 3 Consolidated Balance Sheets 4 Earnings, Shares and Return on Equity 5 Key Stakeholder Metrics 6 Select Earnings Drivers By Segment 7 Sales By Segment 8 Operating Revenues and General and Administrative Expenses By Segment 9 Operating Commissions and Other Expenses 10 Select Ea

Form of Performance Share Award Agreement for Senior Management Committee (“SMC”) (other than CEO) (effective May 2024).*

Exhibit 10.2 LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For Senior Management Committee (other than CEO) This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee

Separation Agreement and General Release, dated July 2, 2024, between Lincoln National Corporation and Matthew Grove.*^

Exhibit 10.4 Certain identified information has been excluded from this exhibit because it both (i) is not material and (ii) is the type that the company treats as private or confidential. [***] indicates redacted information. Date of Notification: May 15, 2024 SEPARATION AGREEMENT AND GENERAL RELEASE YOU ARE ADVISED TO CONSULT AN ATTORNEY BEFORE SIGNING THIS DOCUMENT. PLEASE READ CAREFULLY. YOU AR

Form of Restricted Stock Unit Award Agreement for SMC (other than CEO) (effective May 2024).*

Exhibit 10.3 LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For Senior Management Committee (other than CEO) This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, a

1©2024 Lincoln National Corporation August 1, 2024 Second Quarter 2024 Earnings Supplement 2©2024 Lincoln National Corporation Certain statements made in this presentation and in other written or oral statements made by Lincoln or on Lincoln’s behalf

1©2024 Lincoln National Corporation August 1, 2024 Second Quarter 2024 Earnings Supplement 2©2024 Lincoln National Corporation Certain statements made in this presentation and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 ☐ Transition Report P

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-6028 LINCOLN NA

Lincoln Financial Group Reports 2024 Second Quarter Results

. FOR IMMEDIATE RELEASE Lincoln Financial Group Reports 2024 Second Quarter Results Radnor, PA, August 1, 2024: Lincoln Financial Group (NYSE: LNC) today reported financial results for the second quarter ended June 30, 2024. •Net income available to common stockholders was $884 million, or $5.11 per diluted share. •Adjusted operating income available to common stockholders was $319 million, or $1.

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 1, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of i

Annual Report on Form 11-K for the fiscal year ended December 31, 2023

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR [ ] TRANSITION REPORT PURSUANT TO SECTI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT P

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR [ ] TRANSITION REPORT PURSUANT TO SECTI

Summary of Material Modifications: Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers

Filed Pursuant to Rule 433 Registration No. 333-265361 May 28, 2024 The following information is a Summary of Material Modifications to the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers Summary Plan Description/Prospectus relating to changes to the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”) as a result of the transfe

Summary of Material Modifications: LNL Agents’ 401(k) Savings Plan

Filed Pursuant to Rule 433 Registration No. 333-163855 and 333-261018 May 28, 2024 The following information is a Summary of Material Modifications to the LNL Agents’ 401(k) Savings Plan Summary Plan Description/Prospectus relating to changes to the LNL Agents’ 401(k) Savings Plan (the “Plan”) as a result of the transfer of Lincoln Financial Advisors (LFA) to Osaic, Inc. or its affiliate in connec

As filed with the Securities and Exchange Commission on May 24, 2024

As filed with the Securities and Exchange Commission on May 24, 2024 File No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation (Exact Name of Registrant as Specified in Its Charter) Indiana (State or Other Jurisdiction of Incorporation or Organization) 35-1140070 (I.R.S. Employ

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 23, 2024 Date of Report (Date of earliest event reported) Lincoln National Corp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 23, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc

Amendment No. 3 to the Lincoln National Corporation 2020 Incentive Compensation Plan (effective May 23, 2024).

Exhibit 10.1 Amendment No. 3 to the Lincoln National Corporation 2020 Incentive Compensation Plan Pursuant to Section 11(c) of the Lincoln National Corporation 2020 Incentive Compensation Plan, as amended by Amendments No. 1 and No. 2 thereto (the “Plan”), the Board of Directors of Lincoln National Corporation (“Board”) amends the Plan as follows, subject to the approval of the Company’s sharehold

CALCULATION OF FILING FEE TABLES FORM S-8 (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-8 (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered(1) Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Equity Common Stock (No Par Value) Rule 457(c) and Rule 457(h) 4,500,000(2) $30.

Filing Fee Table

Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-3ASR (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Equity Common Stock, no par value Rule 457(c) and Rule 457(h) 1,260,213(1) $29.

As filed with the U.S. Securities and Exchange Commission on May 20, 2024

As filed with the U.S. Securities and Exchange Commission on May 20, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana (State or other jurisdiction of incorporation or organization) 35-1140070 (

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 10, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 2, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inco

Lincoln Financial Group Reports 2024 First Quarter Results

. FOR IMMEDIATE RELEASE Lincoln Financial Group Reports 2024 First Quarter Results Radnor, PA, May 2, 2024: Lincoln Financial Group (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2024. •Net income available to common stockholders was $1.2 billion, or $6.93 per diluted share. •Adjusted operating income available to common stockholders was $71 million, or $0.41 pe

©2024 Lincoln National Corporation May 2, 2024 First Quarter 2024 Earnings Supplement This slide has no elements that change color 2©2024 Lincoln National Corporation Certain statements made in this presentation and in other written or oral statement

a1q2024investorsupplemen ©2024 Lincoln National Corporation May 2, 2024 First Quarter 2024 Earnings Supplement This slide has no elements that change color 2©2024 Lincoln National Corporation Certain statements made in this presentation and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

Form of PSA Agreement for Senior Management Committee (“SMC”) (other than CEO) (effective February 2024).*

Exhibit 10.3 LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For Senior Management Committee (other than CEO) This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee

Form of Restricted Stock Unit (“RSU”) Award Agreement for CEO (effective February 2024).*

Exhibit 10.2 LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For CEO This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, and Grantee’s acceptance of the RSUs, in a

Form of RSU Agreement for SMC (other than CEO) (effective February 2024) is incorporated by reference to Exhibit 10.4 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2024.*

Exhibit 10.4 LINCOLN NATIONAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT For Senior Management Committee (other than CEO) This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, a

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-6028 LINCOLN N

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Lincoln Financial Group Table of Contents Notes 1 Credit Ratings 2 Consolidated Consolidated Statements of Income (Loss) 3 Consolidated Balance Sheets 4 Earnings, Shares and Return on Equity 5 Key Stakeholder Metrics 6 Select Earnings Drivers By Segment 7 Sales By Segment 8 Operating Revenues and General and Administrative Expenses By Segment 9 Operating Commissions and Other Expenses 10 Select Ea

Form of Long-Term Incentive Award Program Performance Cycle (“PSA”) Agreement for CEO (effective February 2024).*

Exhibit 10.1 LINCOLN NATIONAL CORPORATION LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement For CEO This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee’s acceptance of the award, in accordance

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.   )

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.

Notice of Fund Changes Summary of Material Modifications to the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers Summary Plan Description/Prospectus

Filed Pursuant to Rule 433 Registration No. 333-265361 April 9, 2024 The following information is a Notice of Fund Changes relating to certain investment options under the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”) as well as a Summary of Material Modifications to the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers Sum

Form of 5.852% Note due 2034.

Exhibit 4.1 LINCOLN NATIONAL CORPORATION 5.852% Senior Note due 2034 Registered CUSIP 534187 BT5 ISIN US534187BT58 No. 1 U.S.$350,000,000 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY (AS DEFINED BELOW) OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGIST

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 11, 2024 Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commission

Underwriting Agreement, dated March 11, 2024, between the Company and the underwriters named therein.*

Exhibit 1.1 EXECUTION VERSION LINCOLN NATIONAL CORPORATION Underwriting Agreement $350,000,000 5.852% Senior Notes due 2034 March 11, 2024 Goldman Sachs & Co. LLC Barclays Capital Inc. BNP Paribas Securities Corp. PNC Capital Markets LLC TD Securities (USA) LLC As Representatives of the several Underwriters listed in Schedule I hereto. c/o Goldman Sachs & Co. LLC 200 West Street New York, New York

Calculation of Filing Fee Tables Form 424(b)(5) (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation

Exhibit 107 Calculation of Filing Fee Tables Form 424(b)(5) (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate (Per Million) Amount of Registration Fee Fees to Be Paid Debt 5.

Lincoln National Corporation $350,000,000 5.852% Senior Notes due March 15, 2034

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-270000 PROSPECTUS SUPPLEMENT (To prospectus dated February 24, 2023) Lincoln National Corporation $350,000,000 5.852% Senior Notes due March 15, 2034 Lincoln National Corporation, an Indiana corporation (the “Company,” “LNC,” the “Issuer,” “we,” “us,” or “our”), is offering $350 million aggregate principal amount of our 5.852%

SUBJECT TO COMPLETION, DATED MARCH 11, 2024

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-270000 The information in this preliminary prospectus supplement and the accompanying prospectus is not complete and may be changed. This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities, and they are not soliciting an offer to buy these securities, in any jurisdiction

Lincoln National Corporation $350,000,000 5.852% SENIOR NOTES DUE 2034 Final Term Sheet, dated March 11, 2024

Final Term Sheet To preliminary prospectus supplement dated March 11, 2024 (To prospectus dated February 24, 2023) Filed pursuant to Rule 433 Registration number 333-270000 March 11, 2024 Lincoln National Corporation $350,000,000 5.

LNC Compensation Recovery Policy is filed herewith.

Exhibit 97 LINCOLN NATIONAL CORPORATION COMPENSATION RECOVERY POLICY 1.Purpose. This Policy sets forth the terms on which the Company may recover erroneously awarded compensation to its executive officers. This Policy is intended to comply with Section 10D of the Exchange Act and Section 303A.14 of the NYSE Listed Company Manual. 2.Definitions. Unless the context otherwise requires, the following

Subsidiaries List.

Exhibit 21 Subsidiaries of Lincoln National Corporation As of December 31, 2023 Organized Under Law of: Ownership Lincoln National Corporation Indiana 100 % First Penn-Pacific Life Insurance Company Indiana 100 % Jefferson-Pilot Investments, Inc.

Amendment No. 1 to RSU Award Agreements listed above (effective November 8, 2023 to RSU awards outstanding under the LNC 2014 Incentive Compensation Plan and LNC 2020 Incentive Compensation Plan as of such date) is filed herewith.*

Exhibit 10.60 AMENDMENT No. 1 TO CERTAIN OUTSTANDING RESTRICTED STOCK UNIT AWARD AGREEMENTS This Amendment is effective as of November 8, 2023 and applies to those outstanding, unvested award agreements of Restricted Stock Units granted by Lincoln National Corporation under the terms of the Lincoln National Corporation 2020 Incentive Compensation Plan effective June 11, 2020 or the Lincoln Nationa

Amendment No. 3 to the LNC Deferred Compensation and Supplemental/Excess Retirement Plan, effective January 1, 2024, is filed herewith.*

Exhibit 10.12 Amendment No. 3 Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan (As Amended and Restated Effective January 1, 2020) The Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan (the “Plan”) is amended, effective January 1, 2024, by: 1.Amending Section 2.2 of the Plan, in its entirety, to read as follows: “2.2 El

Amendment No. 1 to PSA Agreements listed above (effective November 8, 2023 to PSAs outstanding under the LNC 2014 Incentive Compensation Plan and LNC 2020 Incentive Compensation Plan as of such date) is filed herewith.*

Exhibit 10.59 AMENDMENT No. 1 TO CERTAIN OUTSTANDING PERFORMANCE SHARE AWARD AGREEMENTS This Amendment is effective as of November 8, 2023 and applies to those outstanding award agreements of Performance Share Awards granted by Lincoln National Corporation under the terms of the Lincoln National Corporation 2020 Incentive Compensation Plan, effective June 11, 2020, or the Lincoln National Corporat

Amendment No. 1 to Option Award Agreements listed above (effective November 8, 2023 to Option awards outstanding under the LNC 2014 Incentive Compensation Plan and LNC 2020 Incentive Compensation Plan as of such date) is filed herewith.*

Exhibit 10.58 AMENDMENT No. 1 TO CERTAIN OUTSTANDING NONQUALIFIED STOCK OPTION AWARD AGREEMENTS This Amendment is effective as of November 8, 2023 and applies to those outstanding award agreements of Nonqualified Stock Option Awards granted by Lincoln National Corporation under the terms of the Lincoln National Corporation 2020 Incentive Compensation Plan, effective June 11, 2020, or the Lincoln N

Non-Employee Director Fees (effective January 1, 2024) are filed herewith.*

EXHIBIT 10.4 NON-EMPLOYEE DIRECTOR FEES (Effective January 1, 2024) Lead Independent Director Annual Retainer (Cash) $110,000 Deferred LNC Stock Units $240,000 Total Lead Independent Director Fees $350,000 Non-Employee Directors other than Lead Independent Director Annual Retainer (Cash) $110,000 Deferred LNC Stock Units* $180,000 Total Board Fees $290,000 Committees (Cash) Audit Committee Chair $

The Severance Plan for Officers of LNC (Amended and Restated effective as of December 31,

Exhibit 10.6 THE SEVERANCE PLAN FOR OFFICERS OF LINCOLN NATIONAL CORPORATION (Amended and Restated effective as of December 31, 2023) Purpose and Interpretation This amendment and restatement of The Severance Plan for Officers of Lincoln National Corporation (the “Plan”) is effective as of December 31, 2023. This document amends and restates the December 31, 2022 version of the Plan. This Plan is

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ☐ Transition Report Pursua

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number 1-6028 LINCOLN NATIONAL

LNC / Lincoln National Corporation / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SC 13G/A 1 tv01349-lincolnnationalcorp.htm SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 13)* Name of issuer: Lincoln National Corp Title of Class of Securities: Common Stock CUSIP Number: 534187109 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to d

Lincoln Financial Group Reports 2023 Fourth Quarter and Full Year Results

FOR IMMEDIATE RELEASE Lincoln Financial Group Reports 2023 Fourth Quarter and Full Year Results Radnor, PA, February 8, 2024: Lincoln Financial Group (NYSE: LNC) today reported financial results for the fourth quarter and full year ended December 31, 2023.

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 8, 2024 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

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Lincoln Financial Group Table of Contents Notes 1 Credit Ratings 2 Consolidated Consolidated Statements of Income (Loss) 3 Consolidated Balance Sheets 4 Earnings, Shares and Return on Equity 5 Key Stakeholder Metrics 6 Select Earnings Drivers By Segment 7 Sales By Segment 8 Operating Revenues and General and Administrative Expenses By Segment 9 Operating Commissions and Other Expenses 10 Select Ea

©2024 Lincoln National Corporation February 8, 2024 4Q23 Investor Outlook 2©2024 Lincoln National Corporation Forward-looking statement – cautionary language Certain statements made in this presentation and in other written or oral statements made by

©2024 Lincoln National Corporation February 8, 2024 4Q23 Investor Outlook 2©2024 Lincoln National Corporation Forward-looking statement – cautionary language Certain statements made in this presentation and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

Second Amended and Restated Credit Agreement, dated as of December 21, 2023, among LNC, as an Account Party and Guarantor, the Subsidiary Account Parties, as additional Account Parties, Bank of America, N.A. as administrative agent, and the other lenders named therein, is incorporated by reference to Exhibit 10.1 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on December 21, 2023.

EX-10.1 Exhibit 10.1 Execution Version Deal CUSIP: 53404UAW4 Revolver CUSIP: 53404UAX2 SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of December 21, 2023 among LINCOLN NATIONAL CORPORATION, as an Account Party and Guarantor The SUBSIDIARY ACCOUNT PARTIES, as additional Account Parties The BANKS Party Hereto and BANK OF AMERICA, N.A. as Administrative Agent $2,000,000,000 BOFA SECURITIES, I

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 21, 2023 Date of Report (Date of earliest event reported) Lincoln National

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 21, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer o

LINCOLN FINANCIAL GROUP ENTERS AGREEMENT TO SELL WEALTH MANAGEMENT BUSINESS TO OSAIC, INC.

Exhibit 99.1 FOR IMMEDIATE RELEASE LINCOLN FINANCIAL GROUP ENTERS AGREEMENT TO SELL WEALTH MANAGEMENT BUSINESS TO OSAIC, INC. ❖ Lincoln’s independent broker-dealer and registered investment advisory firms, including a national network of financial professionals, will be acquired by Osaic effective upon the transaction closing, which is expected in the first half of 2024. ❖ The transaction is expec

Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 14, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer o

Notice of Fund Changes (“Notice”) and Summary of Material Modifications for: LNL Agents’ 401(k) Savings Plan (the “Plan”)

Filed Pursuant to Rule 433 Registration No. 333-261018 and 333-163855 November 17, 2023 The following information is a Notice of Fund Changes and Summary of Material Modifications for the LNL Agents’ 401(k) Savings Plan (the “Plan”) relating to changes: (1) to the Plan’s investment options and (2) required as a result of the provisions of the SECURE 2.0 Act of 2022 as set forth in the Consolidated

Notice of Fund Changes for: Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”)

Filed Pursuant to Rule 433 Registration No. 333-265361 November 17, 2023 The following information is a Notice of Fund Changes relating to certain investment options under the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”). For more information about each of the investment options offered under the Plan, you should log on to Nolan Financial Group’s webs

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A (Amendment No. 1) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 11, 2023 Date of Report (Date of earliest event repor

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A (Amendment No. 1) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 11, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commi

__________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 OR ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-6028 LINCOLN

Lincoln Financial Group reports THIRD Quarter 2023 Results

FOR IMMEDIATE RELEASE   Lincoln Financial Group reports THIRD Quarter 2023 Results Radnor, PA, November 1, 2023: Lincoln Financial Group (NYSE: LNC) today reported financial results for the third quarter ended September 30, 2023.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 November 1, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer

Lincoln Financial Group

                      Lincoln Financial Group  Table of Contents    Notes 1  Credit Ratings 2  Consolidated  Consolidated Statements of Income (Loss) 3  Consolidated Balance Sheets 4  Earnings, Shares and Return on Equity 5  Key Stakeholder Metrics 6  Select Earnings Drivers By Segment 7  Sales By Segment 8  Operating Revenues and General and Administrative Expen

Lincoln National Corporation Elects Owen Ryan to Serve on the Board of Directors

Exhibit 99.1 Lincoln National Corporation Elects Owen Ryan to Serve on the Board of Directors Radnor, Pa. (Sept. 11, 2023) – Lincoln Financial Group (NYSE: LNC) today announced the election of Owen Ryan as a director to serve on the company’s board of directors effective September 11, 2023, increasing the size of the board from eleven to twelve directors. Ryan currently serves as the Chair of the

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 11, 2023 Date of Report (Date of earliest event reported) Lincoln Nationa

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 11, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer

Amended and Restated Bylaws of LNC, effective September 11, 2023.

Exhibit 3.1 AMENDED AND RESTATED BYLAWS OF LINCOLN NATIONAL CORPORATION (Effective September 11, 2023) ARTICLE 1. Shareholders Section 1. Annual Meeting. An annual meeting of the shareholders shall be held at such hour and on such date as the board of directors may select in each year for the purpose of electing directors for the terms hereinafter provided and for the transaction of such other bus

Third Amendment to Amended and Restated Credit Agreement, entered into as of June 30, 2023, by and among LNC, as a borrower, the other Account Parties signatory thereto, the banks signatory thereto, and Bank of America, N.A., as Administrative Agent, is filed herewith.

Exhibit 10.3 THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT This THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is entered into as of June 30, 2023, by and among LINCOLN NATIONAL CORPORATION, an Indiana corporation, as a borrower (the “Company”), the other Account Parties signatory hereto, the Banks signatory hereto, and BANK OF AMERICA, N.A., as Administrati

__________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 OR ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-6028 LINCOLN NATIO

Lincoln Financial Group

                      Lincoln Financial Group  Table of Contents    Notes 1  Credit Ratings 2  Consolidated  Consolidated Statements of Income (Loss) 3  Consolidated Balance Sheets 4  Earnings, Shares and Return on Equity 5  Key Stakeholder Metrics 6  Select Earnings Drivers By Segment 7  Sales By Segment 8  Operating Revenues and General and Administrative Expen

Lincoln Financial Group reports SECOND Quarter 2023 Results

FOR IMMEDIATE RELEASE   Lincoln Financial Group reports SECOND Quarter 2023 Results v Net income available to common stockholders of $2.

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 2, 2023 Date of Report (Date of earliest event reported) Lincoln National

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 2, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION  Washington, D.C. 20549  FORM 11-K  FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   (Mark One)  [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the fiscal year ended December 31, 2022  OR  [ ] TRANSITION REPORT

 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

     UNITED STATES SECURITIES AND EXCHANGE COMMISSION  Washington, D.C. 20549  FORM 11-K  FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   (Mark One)  [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the fiscal year ended December 31, 2022  OR  [ ] TRANSIT

Amended and Restated Bylaws of the Company, effective May 25, 2023.

Exhibit 3.1 AMENDED AND RESTATED BYLAWS OF LINCOLN NATIONAL CORPORATION (Effective May 25, 2023) ARTICLE 1. Shareholders Section 1. Annual Meeting. An annual meeting of the shareholders shall be held at such hour and on such date as the board of directors may select in each year for the purpose of electing directors for the terms hereinafter provided and for the transaction of such other business

Amendment No. 2 to the Lincoln National Corporation 2020 Incentive Compensation Plan (effective May 25, 2023) is incorporated by reference to Exhibit 10.1 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on May 26, 2023.*

Exhibit 10.1 Amendment No. 2 to the Lincoln National Corporation 2020 Incentive Compensation Plan Pursuant to Section 11(c) of the Lincoln National Corporation 2020 Incentive Compensation Plan, as amended by Amendment No. 1 thereto (the “Plan”), the Board of Directors of Lincoln National Corporation (“Board”) amends the Plan as follows, subject to the approval of the Company’s shareholders: 1. Sec

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 25, 2023 Date of Report (Date of earliest event reported) Lincoln National Corp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 25, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc

As filed with the Securities and Exchange Commission on May 26, 2023

As filed with the Securities and Exchange Commission on May 26, 2023 File No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation (Exact Name of Registrant as Specified in Its Charter) Indiana (State or Other Jurisdiction of Incorporation or Organization) 35-1140070 (I.R.S. Employ

Filing Fee Table

Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-8 (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered(1) Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Equity Common Stock (No Par Value) Rule 457(c) and Rule 457(h) 4,500,000(2) $21.

UNITED STATES FORM 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 22, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commission Fi

Lincoln National Corporation Table of Contents

EXHIBIT 99.1 Lincoln National Corporation Table of Contents Page Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 1 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 60 Item 8. Financial Statements and Supplementary Data 66 Item 15. Exhibits and Financial Statement Schedules 184 Index to Financial Statement Schedules FS-1 Table of Cont

Amendment No. 2 to the LNC Executives’ Severance Benefit Plan (effective May 12, 2023) is incorporated by reference to Exhibit 10.1 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on May 12, 2023.*

Exhibit 10.1 Amendment No. 2 LINCOLN NATIONAL CORPORATION EXECUTIVES’ SEVERANCE BENEFIT PLAN Pursuant to its authority under Section 14 of the Lincoln National Corporation Executives’ Severance Benefit Plan (the “Plan”), the Board of Directors of the Corporation hereby amends the Plan as set forth below: 1.Amend Section 5(b) of the Plan in its entirety to provide as follows: Section 5.Plan Benefit

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 12, 2023 Date of Report (Date of earliest event reported) Lincoln National Corp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 12, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc

Form of Option Award Agreement for Chief Information Officer, Kenneth S. Solon (“CIO”) (effective February 2023) is incorporated by reference to Exhibit 10.6 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.6 LINCOLN NATIONAL CORPORATION  NONQUALIFIED STOCK OPTION AGREEMENT  For Senior Management Committee (other than CEO)  This Nonqualified Stock Option Agreement (the “Agreement”) evidences the terms of the grant by Lincoln National Corporation (“LNC”) of a Nonqualified Stock Option (the “Option”) to (“Grantee”) on (the “Grant Date”), and Grantee’s acceptance of the Option, in accordan

__________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 OR ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-6028 LINCOLN NATI

Form of RSU Award Agreement for CIO (effective February 2023) is incorporated by reference to Exhibit 10.8 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.8 LINCOLN NATIONAL CORPORATION  RESTRICTED STOCK UNIT AWARD AGREEMENT  For Senior Management Committee (Other than CEO)    This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to

Form of PSA Agreement for SMC (executives who joined SMC in or after 2022) (effective February 2023) is incorporated by reference to Exhibit 10.13 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.13 LINCOLN NATIONAL CORPORATION  LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement  For Senior Management Committee (other than CEO)   This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, an

Form of PSA Agreement for CEO (effective February 2023) is incorporated by reference to Exhibit 10.4 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.4 LINCOLN NATIONAL CORPORATION  LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement  For CEO   This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and Grantee’s acceptance of the award, in ac

Form of RSU Award Agreement for SMC (executives other than CEO and CIO who joined SMC prior to 2022) (effective February 2023) is incorporated by reference to Exhibit 10.11 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.11 LINCOLN NATIONAL CORPORATION  RESTRICTED STOCK UNIT AWARD AGREEMENT  For Senior Management Committee (Other than CEO)    This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to

Form of PSA Agreement for CIO (effective February 2023) is incorporated by reference to Exhibit 10.7 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.7 LINCOLN NATIONAL CORPORATION  LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement  For Senior Management Committee (Other than CEO)    This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, a

Form of Option Award Agreement for SMC (executives who joined SMC in or after 2022) (effective February 2023) is incorporated by reference to Exhibit 10.12 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.12 LINCOLN NATIONAL CORPORATION  NONQUALIFIED STOCK OPTION AGREEMENT  For Senior Management Committee (other than CEO)  This Nonqualified Stock Option Agreement (the “Agreement”) evidences the terms of the grant by Lincoln National Corporation (“LNC”) of a Nonqualified Stock Option (the “Option”) to (“Grantee”) on (the “Grant Date”), and Grantee’s acceptance of the Option, in accorda

Form of Option Award Agreement for SMC (executives other than CEO and CIO who joined SMC prior to 2022) (effective February 2023) is incorporated by reference to Exhibit 10.9 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.9 LINCOLN NATIONAL CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT  For Senior Management Committee (other than CEO)  This Nonqualified Stock Option Agreement (the “Agreement”) evidences the terms of the grant by Lincoln National Corporation (“LNC”) of a Nonqualified Stock Option (the “Option”) to (“Grantee”) on (the “Grant Date”), and Grantee’s acceptance of the Option, in accordance

Form of Option Award Agreement for CEO (effective February 2023) is incorporated by reference to Exhibit 10.3 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.3 LINCOLN NATIONAL CORPORATION  NONQUALIFIED STOCK OPTION AGREEMENT  For CEO This Nonqualified Stock Option Agreement (the “Agreement”) evidences the terms of the grant by Lincoln National Corporation (“LNC”) of a Nonqualified Stock Option (the “Option”) to (“Grantee”) on (the “Grant Date”), and Grantee’s acceptance of the Option, in accordance with and subject to the terms and provis

Form of RSU Award Agreement for CEO (effective February 2023) is incorporated by reference to Exhibit 10.5 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.5 LINCOLN NATIONAL CORPORATION  RESTRICTED STOCK UNIT AWARD AGREEMENT  For CEO    This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to Grantee, and Grantee’s acceptance of the

Separation Agreement and General Release, dated February 10, 2023, between Lincoln National Corporation ‎and Randal J. Freitag.*^

Exhibit 10.2 SEPARATION AGREEMENT AND GENERAL RELEASE  YOU ARE ADVISED TO CONSULT AN ATTORNEY BEFORE SIGNING THIS DOCUMENT. PLEASE READ CAREFULLY. YOU ARE GIVING UP LEGAL CLAIMS THAT YOU MIGHT HAVE AGAINST YOUR EMPLOYER BY SIGNING THIS AGREEMENT.  To:Randal J. Freitag  Re:Separation Agreement and General Release  This Separation Agreement and General Release (“Agreement”) sets out the terms of

Form of RSU Award Agreement for SMC (executives who joined SMC in or after 2022) (effective February 2023) is incorporated by reference to Exhibit 10.14 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.14 LINCOLN NATIONAL CORPORATION  RESTRICTED STOCK UNIT AWARD AGREEMENT  For Senior Management Committee (other than CEO)   This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to G

Form of PSA Agreement for SMC (executives other than CEO and CIO who joined SMC prior to 2022) (effective February 2023) is incorporated by reference to Exhibit 10.10 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended March 31, 2023.*

Exhibit 10.10 LINCOLN NATIONAL CORPORATION  LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement  For Senior Management Committee (other than CEO)   This Award Agreement (“Agreement”), by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and the (“Grantee”), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, an

Lincoln Financial Group

                      Lincoln Financial Group  Table of Contents    Notes 1  Credit Ratings 2  Consolidated  Consolidated Statements of Income (Loss) 3  Consolidated Balance Sheets 4  Earnings, Shares and Return on Equity 5  Key Stakeholder Metrics 6  Select Earnings Drivers By Segment 7  Sales By Segment 8  Operating Revenues and General and Administrative Expen

This document may not be accurate after its date, and LNC does not undertake to update or keep it accurate after such date.Al CopersinoHead of Investor [email protected] Investment SupplementMay 9, 2023

This document may not be accurate after its date, and LNC does not undertake to update or keep it accurate after such date.

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 9, 2023 Date of Report (Date of earliest event reported) Lincoln National Cor

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 9, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of in

Lincoln Financial Group reports FIRST Quarter 2023 Results

FOR IMMEDIATE RELEASE   Lincoln Financial Group reports FIRST Quarter 2023 Results v Net loss available to common stockholders of $(5.

Forward looking statements – cautionary language Certain statements made in this presentation are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”). A forward-looking statement is a stat

Lincoln Announces $28 Billion Block Reinsurance Transaction May 2, 2023 Chris Neczypor EVP and Chief Financial Officer Ellen Cooper President and Chief Executive Officer Exhibit 99.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 2, 2023 Date of Report (Date of earliest event reported) Lincoln National Corpo

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 2, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inco

LINCOLN FINANCIAL GROUP ANNOUNCES $28 billion REINSURANCE TRANSACTION WITH FoRtitude RE and preliminary first quarter 2023 results

FOR IMMEDIATE RELEASE LINCOLN FINANCIAL GROUP ANNOUNCES $28 billion REINSURANCE TRANSACTION WITH FoRtitude RE and preliminary first quarter 2023 results ❖ Risk transfer transaction encompassing 40% of Lincoln’s universal life with secondary guarantees (“ULSG”) in-force, in addition to MoneyGuard® and fixed annuities ❖ Reduces Lincoln’s exposure to Life Insurance in-force long-term assumption risk

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 ( AMENDMENT NO. )

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 ( AMENDMENT NO.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO.

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 April 6, 2023 Date of Report (Date of earliest event reported) Lincoln National C

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 April 6, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

Lincoln Financial Group

                      Lincoln Financial Group  Table of Contents    Notes 1  Consolidated  Consolidated Statements of Income (Loss) 2  Consolidated Balance Sheets 3  Earnings, Shares and Return on Equity 4  Key Stakeholder Metrics 5  Operating Revenues and General and Administrative Expenses by Segment 6  Select Earnings and Operational Data from Business Segments

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K/A (Amendment No. 1) (Mark One)  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022  Tra

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K/A (Amendment No. 1) (Mark One)  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022 OR  Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number 1-

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 21, 2023 Date of Report (Date of earliest event reported) Lincoln National Co

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 21, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commission

Notice of Fund Changes for: LNL Agents’ 401(k) Savings Plan (the “Plan”)

Filed Pursuant to Rule 433 Registration No. 333-261018 and 333-163855 March 24, 2023 The following information is a Summary of Material Modifications/Notice of Fund Changes relating to the Investment Lineup under the LNL Agents’ 401(k) Savings Plan (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), you should log on to yo

Notice of Fund Changes for: Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”)

Filed Pursuant to Rule 433 Registration No. 333-265361 March 24, 2023 The following information is a Notice of Fund Changes relating to certain investment options under the Lincoln National Corporation Deferred Compensation Plan for Agents and Brokers (the “Plan”). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), you should log on to

Form T-1 Statement of Eligibility of The Bank of New York Mellon to act as trustee under the Guarantee for the benefit of holders of trust preferred securities of Lincoln National Capital VII.

EX-25.5 10 d435698dex255.htm EX-25.5 Exhibit 25.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in

Form T-1 Statement of Eligibility of the Bank of New York Mellon to act as trustee for the Subordinated Indenture, dated as of August 11, 2021.

Exhibit 25.2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-5160382 (Ju

As filed with the U.S. Securities and Exchange Commission on February 24, 2023

S-3ASR Table of Contents As filed with the U.S. Securities and Exchange Commission on February 24, 2023 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation Lincoln National Capital VII Lincoln National Capital VIII Lincoln National Capital IX (Exact name of regist

Filing Fee Table.

Exhibit 107 Calculation of Filing Fee Tables Form S-3 (Form Type) LINCOLN NATIONAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registratio

Form T-1 Statement of Eligibility of The Bank of New York Mellon to act as trustee under the Guarantee for the benefit of holders of trust preferred securities of Lincoln National Capital VIII.

Exhibit 25.7 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-5160382 (Ju

Form T-1 Statement of Eligibility of The Bank of New York Mellon to act as property trustee under the Amended and Restated Trust Agreement of Lincoln National Capital VII.

EX-25.4 Exhibit 25.4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-516

Form T-1 Statement of Eligibility of The Bank of New York Mellon to act as property trustee under the Amended and Restated Trust Agreement of Lincoln National Capital IX.

Exhibit 25.8 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-5160382 (Ju

Form T-1 Statement of Eligibility of the Bank of New York Mellon to act as trustee for the Senior Indenture, dated as of March 10, 2009.

Exhibit 25.1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-5160382 (Ju

Form T-1 Statement of Eligibility of The Bank of New York Mellon to act as property trustee under the Amended and Restated Trust Agreement of Lincoln National Capital VIII.

Exhibit 25.6 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-5160382 (Ju

Form T-1 Statement of Eligibility of the Bank of New York Mellon to act as trustee for the Junior Subordinated Indenture, dated as of March 10, 2009.

EX-25.3 Exhibit 25.3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-516

Form T-1 Statement of Eligibility of The Bank of New York Mellon to act as trustee under the Guarantee for the benefit of holders of trust preferred securities of Lincoln National Capital IX.

EX-25.9 Exhibit 25.9 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON (Exact name of trustee as specified in its charter) New York 13-516

Opinion of Richards, Layton & Finger as to legality of the trust preferred securities issued by Lincoln National Capital VII, Lincoln National Capital VIII and Lincoln National Capital IX.

EX-5.3 Exhibit 5.3 [Letterhead of Richards, Layton & Finger, P.A.] February 24, 2023 Lincoln National Corporation 150 N. Radnor Chester Road Radnor, Pennsylvania 19087 Re: Lincoln National Capital VII, Lincoln National Capital VIII and Lincoln National Capital IX Ladies and Gentlemen: We have acted as special Delaware counsel for Lincoln National Capital VII, a Delaware statutory trust (“Trust VII

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 15, 2023 Date of Report (Date of earliest event reported) Lincoln National

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 15, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer o

LNC Executive Officer Cash Severance policy is incorporated by reference to Exhibit 10.1 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on February 21, 2023.*

Exhibit 10.1 LINCOLN NATIONAL CORPORATION EXECUTIVE OFFICER CASH SEVERANCE POLICY Lincoln National Corporation (the “Corporation” or “LNC”) will not enter into any new employment agreement, severance agreement or separation agreement with any Executive Officer or establish any new severance plan or policy covering any Executive Officer that provides for Cash Severance Benefits exceeding 2.99 times

Form of RSU Award Agreement for Kenneth S. Solon (December 2022) is incorporated by reference to Exhibit 10.47 to LNC’s Form 10-K (File No. 1-6028) for the year ended December 31, 2022.*

Exhibit 10.47 LINCOLN NATIONAL CORPORATION  RESTRICTED STOCK UNIT AWARD AGREEMENT  For Senior Management Committee (Other than CEO)    This Restricted Stock Unit Award Agreement (the “Agreement”) is by and between Lincoln National Corporation (“LNC”) on behalf of itself and its affiliates, and (the “Grantee”), and evidences the grant on (the “Grant Date”) of Restricted Stock Units (“RSUs”) to

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K (Mark One)  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022  Transition Report Pursu

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K (Mark One)  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022 OR  Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number 1-6028 LINCOLN NATIONA

Amendment No. 2 to the LNC Deferred Compensation and Supplemental/Excess Retirement Plan, effective December 19, 2022, is incorporated by reference to Exhibit 10.10 to LNC’s Form 10-K (File No. 1-6028) for the year ended December 31, 2022.*

Exhibit 10.10 Amendment No. 2  Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan (As Amended and Restated Effective January 1, 2020)   The Lincoln National Corporation Deferred Compensation & Supplemental/Excess Retirement Plan (the “Plan”) is hereby amended, effective December 19, 2022, by:   1. Amending Section 2.1 of the Plan, in its entirety, to read

Subsidiaries List.

   Exhibit 21  Subsidiaries of Lincoln National Corporation  As of December 31, 2022  Organized Under Law of: Ownership  Lincoln National Corporation Indiana 100 %  First Penn-Pacific Life Insurance Company Indiana 100 %  Jefferson-Pilot Investments, Inc.

Form of Option Award Agreement for Kenneth S. Solon (December 2022) is incorporated by reference to Exhibit 10.46 to LNC’s Form 10-K (File No. 1-6028) for the year ended December 31, 2022.*

Exhibit 10.46 LINCOLN NATIONAL CORPORATION  NONQUALIFIED STOCK OPTION AGREEMENT  For Senior Management Committee (other than CEO)  This Nonqualified Stock Option Agreement (the “Agreement”) evidences the terms of the grant by Lincoln National Corporation (“LNC”) of a Nonqualified Stock Option (the “Option”) to (“Grantee”) on (the “Grant Date”), and Grantee’s acceptance of the Option, in accorda

Description of Securities Registered Pursuant to Section 12 of the Exchange Act is incorporated by reference to Exhibit 4.38 to LNC’s Form 10-K (File No. 1-6028) for the year ended December 31, 2022.

Exhibit 4.38 Description of Securities Registered Pursuant to Section 12 of the Exchange Act  Lincoln National Corporation (“LNC”) has two classes of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”): our common stock and our depositary shares (the “Series D Depositary Shares”), each representing a 1/1000th interest in a share of our 9.

Second Amendment to Amended and Restated Credit Agreement, entered into as of December 15, 2022, by and among LNC, as a borrower, the other Account Parties signatory thereto, the banks signatory thereto, and Bank of America, N.A., as Administrative Agent.**

Exhibit 10.56 SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT This SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is entered into as of December 15, 2022, by and among LINCOLN NATIONAL CORPORATION, an Indiana corporation, as a borrower (the “Company”), the other Account Parties signatory hereto, the Banks signatory hereto, and BANK OF AMERICA, N.A., as Admin

The Severance Plan for Officers of LNC (Amended and Restated effective as of December 31, 2022).*

Exhibit 10.6 THE SEVERANCE PLAN FOR OFFICERS OF LINCOLN NATIONAL CORPORATION (Amended and Restated effective as of December 31, 2022)  Purpose and Interpretation  This amendment and restatement of The Severance Plan for Officers of Lincoln National Corporation (the “Plan”) is effective as of December 31, 2022. This document amends and restates the February 27, 2019 version of the Plan.  This Pl

LNC / Lincoln National Corporation / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SC 13G/A 1 tv01313-lincolnnationalcorp.htm SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 12)* Name of issuer: Lincoln National Corp. Title of Class of Securities: Common Stock CUSIP Number: 534187109 Date of Event Which Requires Filing of this Statement: December 30, 2022 Check the appropriate box to

Lincoln Financial Group

                    Lincoln Financial Group  Table of Contents    Notes 1  Credit Ratings 2  Consolidated  Consolidated Statements of Income (Loss) 3  Consolidated Balance Sheets 4  Earnings, Shares and Return on Equity 5  Key Stakeholder Metrics 6  Segment and Sources of Earnings 7  Select Earnings Drivers By Segment 8  Sales By Segment 9  Operating Revenues and

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 3, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

LINCOLN FINANCIAL GROUP APPOINTS CHRISTOPHER NECZYPOR CHIEF FINANCIAL OFFICER Tom Faenza appointed Chief Strategy Officer

Exhibit 99.1 LINCOLN FINANCIAL GROUP APPOINTS CHRISTOPHER NECZYPOR CHIEF FINANCIAL OFFICER Tom Faenza appointed Chief Strategy Officer RADNOR, Pa., February 8, 2023 – Lincoln Financial Group (NYSE: LNC) today announced that Christopher Neczypor will be appointed Executive Vice President, Chief Financial Officer, effective February 17, 2023. Neczypor, who currently serves as Executive Vice Presiden

Lincoln Financial Group reports Fourth Quarter and full year 2022 Results

FOR IMMEDIATE RELEASE   Lincoln Financial Group reports Fourth Quarter and full year 2022 Results  v Net income EPS of $0.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES ‎SECURITIES AND EXCHANGE COMMISSION ‎Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 8, 2023 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer

LNC / Lincoln National Corporation / Hagan Dan - SC 13G/A Passive Investment

SC 13G/A 1 d341158dsc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 2)* LINCOLN NATIONAL CORPORATION (Name of Issuer) Common Stock, without par value (Title of Class of Securities) 534187109 (CUSIP Number) December 31, 2022 (Date of Event Which Requires Filing of this Statement) Check

Deposit Agreement with respect to the 9.000% Non-Cumulative Preferred Stock, Series D, dated November 22, 2022, by and among the Company, Equiniti Trust Company, as depositary, and the holders from time to time of the depositary receipts described therein, is incorporated by reference to Exhibit 4.2 to the Company’s Form 8-K (File No

EX-4.2 Exhibit 4.2 EXECUTION VERSION DEPOSIT AGREEMENT among LINCOLN NATIONAL CORPORATION and EQUINITI TRUST COMPANY, as Depositary, and THE HOLDERS FROM TIME TO TIME OF THE DEPOSITARY RECEIPTS DESCRIBED HEREIN Dated as of November 22, 2022 TABLE OF CONTENTS ARTICLE I DEFINED TERMS 1 Section 1.1 Definitions 1 ARTICLE II FORM OF RECEIPTS, DEPOSIT OF SERIES D PREFERRED STOCK, EXECUTION AND DELIVERY,

Opinion of Eric B. Wilmer, Assistant Vice President and Senior Counsel of the Company, with respect to the 9.000% Non-Cumulative Preferred Stock, Series D.

EX-5.3 Exhibit 5.3 November 22, 2022 Lincoln National Corporation 150 N. Radnor Chester Road Radnor, PA 19087 Re: Lincoln National Corporation – 20,000,000 Depositary Shares, each representing 1/1,000th interest in a share of its 9.000% Non-Cumulative Preferred Stock, Series D Ladies and Gentlemen: I am Assistant Vice President and Senior Counsel of Lincoln National Corporation, an Indiana corpora

Deposit Agreement with respect to the 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, dated November 22, 2022, by and among the Company, Equiniti Trust Company, as depositary, and the holders from time to time of the depositary receipts described therein, is incorporated by reference to Exhibit 4.1 to the Company’s Form 8-K (File No

EX-4.1 Exhibit 4.1 EXECUTION VERSION DEPOSIT AGREEMENT among LINCOLN NATIONAL CORPORATION and EQUINITI TRUST COMPANY, as Depositary, and THE HOLDERS FROM TIME TO TIME OF THE DEPOSITARY RECEIPTS DESCRIBED HEREIN Dated as of November 22, 2022 TABLE OF CONTENTS ARTICLE I DEFINED TERMS 1 Section 1.1 Definitions 1 ARTICLE II FORM OF RECEIPTS, DEPOSIT OF SERIES C PREFERRED STOCK, EXECUTION AND DELIVERY,

Articles of Amendment of the Restated Articles of Incorporation of LNC designating the 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, dated November 18, 2022, is incorporated by reference to Exhibit 3.1 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on November 22, 2022.

EX-3.1 Exhibit 3.1 ARTICLES OF AMENDMENT OF THE RESTATED ARTICLES OF INCORPORATION OF LINCOLN NATIONAL CORPORATION Pursuant to, and in accordance with the requirements of Section 23-1-25-2 of the Indiana Business Corporation Law (the “IBCL”), Lincoln National Corporation, an Indiana Corporation (the “Corporation”), does hereby certify: Article I The name of the corporation filing these Articles of

Form 8-A

8-A12B UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-A FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 LINCOLN NATIONAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Commission file number: 1-6028 Indiana 35-1140070 (State of incorporation or organization) (IRS Employer I

Consent of Wachtell, Lipton, Rosen & Katz with respect to the 9.000% Non-Cumulative Preferred Stock, Series D opinion (included in Exhibit 5.4).

EX-5.4 Exhibit 5.4 [Letterhead of Wachtell, Lipton, Rosen & Katz] November 22, 2022 Lincoln National Corporation 150 N. Radnor Chester Road Radnor, PA 19087 Re: Lincoln National Corporation – 20,000,000 Depositary Shares, each representing 1/1,000th interest in a share of its 9.000% Non-Cumulative Preferred Stock, Series D Ladies and Gentlemen: We have acted as special counsel to Lincoln National

Articles of Amendment of the Restated Articles of Incorporation of LNC designating the 9.000% Non-Cumulative Preferred Stock, Series D, dated November 18, 2022, is incorporated by reference to Exhibit 3.2 to LNC’s Form 8-K (File No. 1-6028) filed with the SEC on November 22, 2022.

EX-3.2 Exhibit 3.2 ARTICLES OF AMENDMENT OF THE RESTATED ARTICLES OF INCORPORATION OF LINCOLN NATIONAL CORPORATION Pursuant to, and in accordance with the requirements of Section 23-1-25-2 of the Indiana Business Corporation Law (the “IBCL”), Lincoln National Corporation, an Indiana Corporation (the “Corporation”), does hereby certify: Article I The name of the corporation filing these Articles of

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 22, 2022 Lincoln Nationa

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 22, 2022 Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commiss

Lincoln National Corporation 20,000,000 Depositary Shares, each representing a 1/1,000th Interest in a Share of 9.000% Non-cumulative Preferred Stock, Series D

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-249058 PROSPECTUS SUPPLEMENT (To prospectus dated September 25, 2020) Lincoln National Corporation 20,000,000 Depositary Shares, each representing a 1/1,000th Interest in a Share of 9.000% Non-cumulative Preferred Stock, Series D Each of the depositary shares offered hereby (the ?Depositary Shares?) represents a 1/1,000th inte

Underwriting Agreement with respect to the Series C Preferred Stock of the Company, dated November 15, 2022, among the Company and the underwriters named therein.

Exhibit 1.1 EXECUTION VERSION LINCOLN NATIONAL CORPORATION Underwriting Agreement 500,000 Depositary Shares, Each Representing a 1/25th Interest in a Share of 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C November 15, 2022 BofA Securities, Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Wells Fargo Securities, LLC As Representatives of the several Underwriters listed in

Lincoln National Corporation 500,000 Depositary Shares, each representing a 1/25th Interest in a Share of 9.250% Fixed Rate Reset Non-cumulative Preferred Stock, Series C

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-249058 PROSPECTUS SUPPLEMENT (To prospectus dated September 25, 2020) Lincoln National Corporation 500,000 Depositary Shares, each representing a 1/25th Interest in a Share of 9.250% Fixed Rate Reset Non-cumulative Preferred Stock, Series C Each of the depositary shares offered hereby (the ?Depositary Shares?) represents a 1/2

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 15, 2022 Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction of incorporation) (Commiss

Calculation of Filing Fee Tables (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forwar

Exhibit 107 Calculation of Filing Fee Tables 424(b)(5) (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule(1) Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Carry Forward Form Type Carry Forward File Number Carry Forward Initial Effective Date Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward Newly Registered Securities Fees to Be Paid Equity Depositary Shares Each Representing 1/1,000th Interest in a Share of 9.

Calculation of Filing Fee Tables (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forwar

Exhibit 107 Calculation of Filing Fee Tables 424(b)(5) (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule(1) Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Carry Forward Form Type Carry Forward File Number Carry Forward Initial Effective Date Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward Newly Registered Securities Fees to Be Paid Equity Depositary Shares Each Representing 1/25th Interest in a Share of 9.

Underwriting Agreement with respect to the Series D Preferred Stock of the Company, dated November 15, 2022, among the Company and the underwriters named therein.

Exhibit 1.2 EXECUTION VERSION LINCOLN NATIONAL CORPORATION Underwriting Agreement 20,000,000 Depositary Shares, Each Representing a 1/1000th Interest in a Share of 9.000% Non-Cumulative Preferred Stock, Series D November 15, 2022 BofA Securities, Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Morgan Stanley & Co. LLC Wells Fargo Securities, LLC As Representatives of the several Underwrite

Lincoln National Corporation 500,000 Depositary Shares, each representing a 1/25th interest in a share of 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C Final Term Sheet, dated November 15, 2022

Final Term Sheet To preliminary prospectus supplement dated November 14, 2022 (To prospectus dated September 25, 2020) Filed pursuant to Rule 433 Registration number 333-249058 November 15, 2022 Lincoln National Corporation 500,000 Depositary Shares, each representing a 1/25th interest in a share of 9.

Lincoln National Corporation 20,000,000 Depositary Shares, each representing a 1/1,000th interest in a share of 9.000% Non-Cumulative Preferred Stock, Series D Final Term Sheet, dated November 15, 2022 Issuer: Lincoln National Corporation (“Issuer”)

Final Term Sheet To preliminary prospectus supplement dated November 15, 2022 (To prospectus dated September 25, 2020) Filed pursuant to Rule 433 Registration number 333-249058 November 15, 2022 Lincoln National Corporation 20,000,000 Depositary Shares, each representing a 1/1,000th interest in a share of 9.

SUBJECT TO COMPLETION, DATED NOVEMBER 15, 2022

Table of Contents The information in this preliminary prospectus supplement and the accompanying prospectus is not complete and may be changed.

SUBJECT TO COMPLETION, DATED NOVEMBER 14, 2022

424B5 Table of Contents The information in this preliminary prospectus supplement and the accompanying prospectus is not complete and may be changed.

Notice of Addition to the Investment Lineup for LNL Agents’ 401(k) Savings Plan (the “Plan”)

Filed Pursuant to Rule 433 Registration No. 333-261018 and 333-163855 November 8, 2022 The following information is a Notice of Addition to the Investment Lineup under the LNL Agents? 401(k) Savings Plan (the ?Plan?). For more information about each of the investment options offered under the Plan (except for the LNC Stock Fund), you should log on to your account at www.lincolnfinancial.com or con

__________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2022 OR ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-6028 LINCOLN

Lincoln Financial Group reports THIRD Quarter 2022 Results And Declares Quarterly Cash Dividend

FOR IMMEDIATE RELEASE ? ? Lincoln Financial Group reports THIRD Quarter 2022 Results And Declares Quarterly Cash Dividend ? v Net loss per share of $(15.

Lincoln Financial Group

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Lincoln Financial Group ? Table of Contents ? ? ? Notes 1 ? Credit Ratings 2 ? Consolidated ? Consolidated Statements of Income (Loss) 3 ? Consolidated Balance Sheets 4 ? Earnings, Shares and Return on Equity 5 ? Key Stakeholder Metrics 6 ? Segment and Sources of Earnings 7 ? Select Earnings Drivers By Segment 8 ? Sales By Segment 9 ? Operating Revenues and

1©2022 Lincoln National Corporation

1?2022 Lincoln National Corporation Third Quarter 2022 Investor Supplement November 2, 2022 Al Copersino Head of Investor Relations203-257-4493InvestorRelations@lfg.

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES ?SECURITIES AND EXCHANGE COMMISSION ?Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 November 2, 2022 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer

Regulation FD Disclosure, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 21, 2022 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer

Forward-looking statements – cautionary language Certain statements made in this presentation and in other written or oral statements made by Lincoln or on Lincoln’s behalf are “forward-looking statements” within the meaning of the Private Securities

LDTI Initial Disclosure September 21, 2022 Randy Freitag EVP and Chief Financial Officer Ellen Cooper President and Chief Executive Officer Exhibit 99.

Form of Long-Term Incentive Award Program Performance Cycle Agreement for SMC (other than CEO) (effective for officers joining SMC on or after May 26, 2022) is incorporated by reference to Exhibit 10.4 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended June 30, 2022.*

Exhibit 10.4 LINCOLN NATIONAL CORPORATION ? LONG-TERM INCENTIVE AWARD PROGRAM Performance Cycle Agreement ? For Senior Management Committee (other than CEO) ? This Award Agreement (?Agreement?), by and between Lincoln National Corporation (?LNC?) on behalf of itself and its affiliates, and the (?Grantee?), evidences the grant by LNC on , of a long-term incentive performance award to Grantee, and G

__________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2022 OR ? Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-6028 LINCOLN NATIO

Form of Nonqualified Stock Option Agreement for SMC (other than CEO) (effective for officers joining SMC on or after May 26, 2022) is incorporated by reference to Exhibit 10.3 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended June 30, 2022.*

Exhibit 10.3 ? LINCOLN NATIONAL CORPORATION ? NONQUALIFIED STOCK OPTION AGREEMENT ? For Senior Management Committee (other than CEO) ? This Nonqualified Stock Option Agreement (the ?Agreement?) evidences the terms of the grant by Lincoln National Corporation (?LNC?) of a Nonqualified Stock Option (the ?Option?) to (?Grantee?) on (the ?Grant Date?), and Grantee?s acceptance of the Option, in accord

Non-Employee Director Fees (effective May 27, 2022) are incorporated by reference to Exhibit 10.2 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended June 30, 2022.*

EXHIBIT 10.2 NON-EMPLOYEE DIRECTOR FEES (Effective May 27, 2022) ? ? ? Non-Executive Chairman ? Annual Retainer (Cash) $375,000 ? Deferred LNC Stock Units $150,000 ? Total Non-Executive Chairman Fees $525,000 ? ? Lead Independent Director ? Annual Retainer (Cash) $110,000 ? Deferred LNC Stock Units $225,000 ? Total Lead Independent Director Fees $335,000 ? ? Directors other than Non-Executive Chai

Form of Restricted Stock Unit Award Agreement for SMC (other than CEO) (effective for officers joining SMC on or after May 26, 2022) is incorporated by reference to Exhibit 10.5 to LNC’s Form 10-Q (File No. 1-6028) for the quarter ended June 30, 2022.*

Exhibit 10.5 LINCOLN NATIONAL CORPORATION ? RESTRICTED STOCK UNIT AWARD AGREEMENT ? For Senior Management Committee (Other than CEO) ? This Restricted Stock Unit Award Agreement (the ?Agreement?) is by and between Lincoln National Corporation (?LNC?) on behalf of itself and its affiliates, and (the ?Grantee?), and evidences the grant on (the ?Grant Date?) of Restricted Stock Units (?RSUs?) to Gran

Lincoln Financial Group reports Second Quarter 2022 Results

FOR IMMEDIATE RELEASE ? ? Lincoln Financial Group reports Second Quarter 2022 Results v Net income EPS of $1.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES ?SECURITIES AND EXCHANGE COMMISSION ?Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 3, 2022 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of

Lincoln Financial Group

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Lincoln Financial Group ? Table of Contents ? ? ? Notes 1 ? Credit Ratings 2 ? Consolidated ? Consolidated Statements of Income (Loss) 3 ? Consolidated Balance Sheets 4 ? Earnings, Shares and Return on Equity 5 ? Key Stakeholder Metrics 6 ? Segment and Sources of Earnings 7 ? Select Earnings Drivers By Segment 8 ? Sales By Segment 9 ? Operating Revenues and

 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

? ? ? ? ? UNITED STATES SECURITIES AND EXCHANGE COMMISSION ? Washington, D.C. 20549 ? FORM 11-K ? FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ? ? (Mark One) ? [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ? For the fiscal year ended December 31, 2021 ? OR ? [ ] TRANSIT

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ? Washington, D.C. 20549 ? FORM 11-K ? FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ? ? (Mark One) ? [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ? For the fiscal year ended December 31, 2021 ? OR ? [ ] TRANSITION REPORT

CALCULATION OF FILING FEE TABLES FORM S-3ASR (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-3ASR (Form Type) Lincoln National Corporation (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Debt Deferred Compensation Obligations Rule 457(h) $10,000,000(1) 100%(2) $10,000,000(2) $.

As filed with the Securities and Exchange Commission on June 2, 2022

As filed with the Securities and Exchange Commission on June 2, 2022 File No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Lincoln National Corporation (Exact Name of Registrant as Specified in Its Charter) Indiana (State or Other Jurisdiction of Incorporation or Organization) 35-1140070 (I.R.S. Employ

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits, Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 27, 2022 Date of Report (Date of earliest event reported) Lincoln National Corporation (Exact name of registrant as specified in its charter) Indiana 1-6028 35-1140070 (State or other jurisdiction (Commission (IRS Employer of inc