Lincoln National Corporation in its $500 million subordinated notes offering

On June 24, 2026, Lincoln National Corporation sold $500 million aggregate principal amount of its 6.800% Fixed-to-Fixed Reset Rate Subordinated Notes due 2056, pursuant to an underwriting agreement dated June 24, 2026.  Wells Fargo Securities, LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and TD Securities (USA) LLC acted as representatives of the underwriters.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Lincoln National Corporation.