Lincoln National Corporation (Lincoln) is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. Through the Company’s business segments, it sells a range of wealth protection, accumulation and retirement income products and solutions. These products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, mutual funds, employer-sponsored defined contribution (DC) plans and group life, disability and dental. Lincoln operates in two segments: Retirement Solutions and Insurance Solutions. Lincoln Financial Network (LFN) and Lincoln Financial Distributors (LFD) are the Company’s retail and wholesale distributors. LFD distributes its individual products and services, DC plans and corporate-owned UL and VUL (COLI) and bank-owned UL and VUL (BOLI) products and services.