Lincoln National adds CEO to amended severance plan: 2x salary+bonus over 104 weeks

LINCOLN NATIONAL CORP

Compensation Committee amended Severance Plan on Aug 22, 2024 to include the CEO as a participant.
CEO would receive 2x annual base salary plus target annual incentive bonus upon involuntary termination without cause.
Severance amount paid in bi-weekly installments over 104 weeks; lump sum if change of control within 2 years.
Plan otherwise unchanged from description in 2024 Proxy Statement; other immaterial revisions made.
Effective date of amended plan is August 22, 2024; filed as Exhibit 10.1 to Form 8-K.

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