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PRESS RELEASES

This document is dated July 2, 2012. It may not be accurate after such date and LNC does not undertake to update or keep it accurate after such date.
   
 

Lincoln Financial Group Names Ellen Cooper Executive Vice President and Chief Investment Officer

PHILADELPHIA, July 2, 2012 — Lincoln Financial Group (NYSE:LNC) announced today that Ellen Cooper will join the company as executive vice president and chief investment officer, effective August 6, 2012. In her role, Cooper, 47, will be responsible for setting, implementing and providing strategic oversight and management of Lincoln Financial's investment strategy.

Cooper will serve as the primary investment officer on all investment related matters to the Board of Directors and senior management team. She will report directly to Dennis R. Glass, president and chief executive officer of Lincoln Financial Group, as well as serve as a member of the company's Senior Management Committee.

"We are thrilled that Ellen has decided to join Lincoln," said Glass. "She is a highly accomplished investment professional who possesses a deep background in asset management, risk management and insurance. The wealth of experience she brings to the role will be a benefit to the company and our clients."

Cooper joins Lincoln Financial from Goldman Sachs Asset Management, where she served as managing director and global head of the insurance strategy. Prior to Goldman Sachs, Cooper was the chief risk officer for AEGON Americas. She has also served in insurance consulting roles at Ernst & Young, LLP and Towers Perrin.

Cooper holds a Bachelor of Business Administration in Actuarial Science from Temple University, as well as CERA, CFA and FSA designations.

About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $170 billion as of March 31, 2012. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

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For more information:

Media Contacts:
Michael Arcaro
484-583-1799
E-mail: Michael.Arcaro@LFG.com



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Hello future.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and insurance
company affiliates, including The Lincoln National Life Insurance Company, Fort Wayne, IN,
and in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY. Variable products
distributed by broker/dealer-affiliate Lincoln Financial Distributors, Inc., Radnor, PA. Securities
and investment advisory services offered through other affiliates. Explore Lincoln.



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