Market Overview

Lincoln Financial Group Promotes Jamie Ohl and Dick Mucci to Senior Leadership Positions

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Lincoln Financial Group (NYSE:LNC) announced today that Jamie Ohl and
Dick Mucci, who lead the company's Retirement
Plan Services and Group
Benefits
businesses respectively, have been promoted to Executive
Vice President and are now members of the company's Senior Management
Committee.

"Both Jamie and Dick are proven leaders in the industry and at Lincoln,
and have led their respective businesses to achieve strong results and
growth," said Dennis R. Glass, president and CEO of Lincoln Financial
Group. "I believe it's important to have formal representation of all
Lincoln businesses at the senior leadership level to ensure we meet our
short and long-term strategy and execution goals. I am excited about the
contributions Jamie and Dick will bring."

Ohl joined Lincoln Financial in 2015 as president of Retirement Plan
Services (RPS). Under her leadership, the RPS business has achieved
significant earnings growth and 10 consecutive quarters of positive
flows. With this promotion, Ohl now has expanded responsibilities
leading the operations areas of the company's Individual Annuity and
Life Insurance businesses. Bringing these service functions under one
leader is designed to accelerate the company's efforts to improve the
customer experience and internal operating efficiency.

Ohl has nearly 30 years of financial services experience spanning a
variety of areas in the industry including retirement, operations,
distribution and asset management. During her career, Ohl has held
several senior leadership positions, including principal at Edward
Jones, president of Tax-Exempt Markets at VOYA Financial, Inc. and
president of Wilshire Funds Management at Wilshire Associates
Incorporated. She also served in leadership roles at The Hartford and
AIG VALIC. Ohl earned a Master of Business Administration degree from
the University of Nebraska and a Bachelor of Science degree in business
management from Le Tourneau University.

Mucci joined Lincoln Financial in 2014 as president of Group Protection.
Since that time, he has driven a significant increase in earnings for
the business, and played a central role in the recent acquisition of the
Liberty Mutual Group Benefits business. As a result of the transaction,
Lincoln Financial's market-leading1 group benefits
organization now serves approximately 10 million employee customers
across the U.S. through product offerings that include Disability, Life,
Dental, Vision, Critical Illness and Accident insurance, plus a full
suite of absence management services.

Prior to joining Lincoln Financial, Mucci founded Brant Point
Consulting, LLC, a senior management advisory firm for the insurance
industry that helps life insurance companies innovate, create strategic
change and drive operational improvement. Mucci's accomplished career
also includes having served as chairman and CEO of New York Life
International and New York Life Enterprises, as well as senior
leadership roles at The Hartford Financial Services Group, MassMutual
Life Insurance Company and The Paul Revere Insurance Group. He attended
Boston College, where he earned a Bachelor of Arts and a Master of Arts
in Mathematics. He is also a Fellow with the Society of Actuaries.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help empower
people to take charge of their financial lives with confidence and
optimism. Today, more than 17 million customers trust our retirement,
insurance and wealth protection expertise to help address their
lifestyle, savings and income goals, as well as to guard against
long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln
Financial Group is the marketing name for Lincoln National Corporation
(NYSE:LNC) and its affiliates. The company had $256 billion in assets
under management as of June 30, 2018. Lincoln Financial Group is a
committed corporate citizen and was named one of the Forbes Best
Employers for 2018, is a member of the Dow Jones Sustainability Index
North America, and received a perfect score of 100 percent on the 2018
Corporate Equality Index. Learn more at: www.LincolnFinancial.com.
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1 Source: Based on LIMRA, new sales premium, as of 12/31/17,
first in market share in combined fully insured disability sales.

LCN-2211614-081418

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