Lincoln Financial Group announced that, as of 5:00 p.m., New York City time, on August 9, 2021 (the “expiration date”) the aggregate principal amount of each series of capital securities previously issued by the Company had been validly tendered and not validly withdrawn. The Company is making this announcement in connection with its previously announced offers to exchange all validly tendered and accepted capital securities of such series for a like principal amount of new subordinated notes, and the related consent solicitations to amend the indentures governing the capital securities. The Company was advised by Global Bondholder Services Corporation, as the information agent and the exchange agent for the exchange offers, that as of the expiration date: 7.00% Capital Securities due 2066 (CUSIP 534187 AS8)of $722,527,000 against Floating Rate Subordinated Notes due 2066 of $562,034,000. 6.05% Capital Securities due 2067 (CUSIP 534187 AU3) of $490,710,000 against Floating Rate Subordinated Notes due 2067 (CUSIP 534187 BP3) of $432,743,000.