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Lincoln National Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Lincoln National Corporation’s Form 8-K, filed June 1, 2026 (Item 5.07 on EDGAR). Page generated October 25, 2026.

13Ballot items
600Asset managers
6,985Fund votes
May 28, 2026Meeting date

Results at a glance

Meeting of May 28, 2026: 13 items on Lincoln National Corporation’s Form 8-K, filed June 1, 2026: 10 elected · 2 approved · 1 not approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Lincoln National Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Lincoln National Corporation

These tallies are Lincoln National Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 1, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Lincoln National Corporation — official shareholder meeting results, meeting held May 28, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Deirdre P. Connelly	139,549,226	4,214,652	288,859	--	27,410,909	97%	Elected	—
Elect Director: Ellen G. Cooper	140,233,364	3,542,362	277,011	--	27,410,909	98%	Elected	—
Elect Director: William H. Cunningham	137,494,134	5,693,056	865,547	--	27,410,909	96%	Elected	—
Elect Director: Reginald E. Davis	141,063,811	2,127,347	861,579	--	27,410,909	99%	Elected	—
Elect Director: Eric G. Johnson	138,547,487	4,661,800	843,450	--	27,410,909	97%	Elected	—
Elect Director: Gary C. Kelly	139,339,879	3,845,204	867,654	--	27,410,909	97%	Elected	—
Elect Director: M. Leanne Lachman	135,650,802	7,529,292	872,643	--	27,410,909	95%	Elected	—
Elect Director: Dale LeFebvre	141,002,646	2,159,505	890,586	--	27,410,909	98%	Elected	—
Elect Director: James Morris	141,173,189	2,015,026	864,522	--	27,410,909	99%	Elected	—
Elect Director: Owen Ryan	141,077,447	2,110,387	864,903	--	27,410,909	99%	Elected	—
2. Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditor for 2026	167,591,614	3,365,510	506,522	--	--	98%	Approved	—
3. Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the compensation paid to the Company's named executive officers, as disclosed in the Company's 2026 Proxy Statement	101,944,594	41,153,657	954,486	--	27,410,909	71%	Approved	—
4. Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the Company's corporate governance documents to require an independent board chairman	40,910,999	102,198,953	942,785	--	27,410,909	29%	Not approved	—

Source: Lincoln National Corporation, Form 8-K, filed with the SEC on June 1, 2026 — read the filing on EDGAR.

How asset managers voted at the Lincoln National Corporation 2025-2026 meeting

Each item below shows how the 600 asset managers that disclosed a Lincoln National Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Dale LeFebvre

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 141,002,646AGAINST: 2,159,505

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Dale LeFebvre

Lincoln National Corporation’s own tally for this item (“Elect Director: Dale LeFebvre”): 141,002,646 for, 2,159,505 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,270,233 for, 5,660 against, 16,727 abstained, 143 not voted.

FOR

FOR: 119,270,233AGAINST: 5,660ABSTAIN: 16,727NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Dale LeFebvre” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,555	14	7	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,177,123	0	0	For
State Street	3,018,893	0	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

2. Elect Director: Deirdre P. Connelly

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 139,549,226AGAINST: 4,214,652

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Deirdre P. Connelly

Lincoln National Corporation’s own tally for this item (“Elect Director: Deirdre P. Connelly”): 139,549,226 for, 4,214,652 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 118,239,572 for, 1,036,326 against, 16,722 abstained, 143 not voted.

FOR

FOR: 118,239,572AGAINST: 1,036,326ABSTAIN: 16,722NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Deirdre P. Connelly” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,542	32	2	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,109,847	67,276	0	For
State Street	3,018,893	0	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,331,228	13,000	0	For
First Trust	1,199,084	0	0	For
Hartford	0	938,000	0	Against
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

3. Elect Director: Ellen G. Cooper

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 140,233,364AGAINST: 3,542,362

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Ellen G. Cooper

Lincoln National Corporation’s own tally for this item (“Elect Director: Ellen G. Cooper”): 140,233,364 for, 3,542,362 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 115 asset managers below reported 119,268,237 for, 7,661 against, 16,721 abstained, 143 not voted.

FOR

FOR: 119,268,237AGAINST: 7,661ABSTAIN: 16,721NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Ellen G. Cooper” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,549	25	1	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,177,123	0	0	For
State Street	3,018,726	167	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

4. Elect Director: Eric G. Johnson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 138,547,487AGAINST: 4,661,800

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Eric G. Johnson

Lincoln National Corporation’s own tally for this item (“Elect Director: Eric G. Johnson”): 138,547,487 for, 4,661,800 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,188,575 for, 87,319 against, 16,726 abstained, 143 not voted.

FOR

FOR: 119,188,575AGAINST: 87,319ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Eric G. Johnson” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,535	35	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,109,847	67,276	0	For
State Street	3,018,726	167	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

5. Elect Director: Gary C. Kelly

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 139,339,879AGAINST: 3,845,204

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Gary C. Kelly

Lincoln National Corporation’s own tally for this item (“Elect Director: Gary C. Kelly”): 139,339,879 for, 3,845,204 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,255,863 for, 20,029 against, 16,726 abstained, 143 not voted.

FOR

FOR: 119,255,863AGAINST: 20,029ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Gary C. Kelly” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,547	21	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,177,123	0	0	For
State Street	3,018,726	167	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

6. Elect Director: James Morris

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 141,173,189AGAINST: 2,015,026

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: James Morris

Lincoln National Corporation’s own tally for this item (“Elect Director: James Morris”): 141,173,189 for, 2,015,026 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,202,958 for, 72,936 against, 16,726 abstained, 143 not voted.

FOR

FOR: 119,202,958AGAINST: 72,936ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: James Morris” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,556	14	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,109,847	67,276	0	For
State Street	3,018,893	0	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

7. Elect Director: M. Leanne Lachman

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 135,650,802AGAINST: 7,529,292

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: M. Leanne Lachman

Lincoln National Corporation’s own tally for this item (“Elect Director: M. Leanne Lachman”): 135,650,802 for, 7,529,292 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 118,017,262 for, 1,258,632 against, 16,726 abstained, 143 not voted.

FOR

FOR: 118,017,262AGAINST: 1,258,632ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: M. Leanne Lachman” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,241,162	29,408	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,177,123	0	0	For
State Street	3,018,726	167	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	367,242	328,466	0	Mixed
WisdomTree	0	687,661	0	Against
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

8. Elect Director: Owen Ryan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 141,077,447AGAINST: 2,110,387

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Owen Ryan

Lincoln National Corporation’s own tally for this item (“Elect Director: Owen Ryan”): 141,077,447 for, 2,110,387 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,202,958 for, 72,936 against, 16,726 abstained, 143 not voted.

FOR

FOR: 119,202,958AGAINST: 72,936ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Owen Ryan” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,556	14	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,109,847	67,276	0	For
State Street	3,018,893	0	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

9. Elect Director: Reginald E. Davis

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 141,063,811AGAINST: 2,127,347

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Reginald E. Davis

Lincoln National Corporation’s own tally for this item (“Elect Director: Reginald E. Davis”): 141,063,811 for, 2,127,347 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,270,234 for, 5,660 against, 16,726 abstained, 143 not voted.

FOR

FOR: 119,270,234AGAINST: 5,660ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: Reginald E. Davis” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,556	14	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,177,123	0	0	For
State Street	3,018,893	0	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

10. Elect Director: William H. Cunningham

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 137,494,134AGAINST: 5,693,056

Details: description as filed, official tally, votes by 115 asset managers

Description as filed by funds: The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: William H. Cunningham

Lincoln National Corporation’s own tally for this item (“Elect Director: William H. Cunningham”): 137,494,134 for, 5,693,056 against, per its Form 8-K filed June 1, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2027 Annual Meeting of Shareholders, based upon the following votes:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 115 asset managers below reported 119,188,574 for, 87,319 against, 16,726 abstained, 143 not voted.

FOR

FOR: 119,188,574AGAINST: 87,319ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “The election of ten directors for a one-year term expiring at the 2027 Annual Meeting: William H. Cunningham” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,270,534	35	6	For
BlackRock	15,761,186	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,109,847	67,276	0	For
State Street	3,018,726	167	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
First Trust	1,199,084	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

11. 3. Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the…

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 11 wordings of this item as funds reported it.

71% Approved · of votes cast

FOR 71%AGAINST

FOR: 101,944,594AGAINST: 41,153,657

Details: description as filed, official tally, votes by 599 asset managers

Description as filed by funds: The approval of an advisory resolution on the compensation of our named executive officers.

Lincoln National Corporation’s own tally for this item (“3. Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the compensation paid to the Company's named executive officers, as disclosed in the Company's 2026 Proxy Statemen”): 101,944,594 for, 41,153,657 against — passed, per its Form 8-K filed June 1, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the compensation paid to the Company's named executive officers, as disclosed in the Company's 2026 Proxy Statement, was approved based on the following votes:”
Support: 71% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of Lincoln National Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Say on Pay” (2 managers, 3,130 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 114 asset managers voting on “The approval of an advisory resolution on the compensation of our named executive officers.” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	0	40,303,311	0	Against
Vanguard	17,270,221	349	6	For
BlackRock	15,761,186	0	0	For
First Trust	4,000,000	1,199,084	0	Mixed
MFS	4,362,800	0	0	For
Guggenheim	0	4,353,574	0	Against
Fidelity	3,023,450	153,673	0	For
State Street	9,513	3,009,380	0	Against
Invesco	2,854,734	0	0	For
Dimensional	0	2,586,854	0	Against
Prudential/PGIM	2,344,226	230,868	0	Mixed
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	285,041	1,059,187	0	Mixed
Hartford	938,000	0	0	For
Principal	754,736	47,800	0	Mixed
Jackson National	660,106	35,602	0	Mixed
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	0	525,978	0	Against
American Century	0	495,120	0	Against
Bridge Builder Trust	447,261	11,506	0	For

Fund voting reports, all 114 managers: 66,167,238 for, 57,003,484 against, 68,853 abstained, 143 not voted, 154 mixed. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 512 asset managers voting on “The approval of an advisory resolution on the compensation of our named executive officers.” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Vote
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	26,027,857	Against
Morgan Stanley	0	14,623,728	Against
Goldman Sachs	13,568,906	36,096	For
Wellington	7,192,000	0	For
RBC Capital Markets, LLC	0	6,825,077	Against
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	6,287,544	0	For
State Street	25,914	5,579,312	Against
T. Rowe Price	4,732,368	0	For
Cohen & Steers	0	4,643,005	Against
Guggenheim	0	4,470,000	Against
BlackRock	3,248,008	300,614	Mixed
JENNISON ASSOCIATES LLC	3,506,471	0	For
GEODE CAPITAL MANAGEMENT, LLC	3,154,736	0	For
John Hancock	0	2,374,258	Against
Charles Schwab	2,136,670	0	For
Invesco	1,818,477	0	For
JUPITER ASSET MANAGEMENT LTD	0	1,795,222	Against
PRINCIPAL GLOBAL INVESTORS	1,714,381	0	For
ROCKEFELLER FINANCIAL LLC	1,692,507	0	For
Northern Trust	0	1,685,726	Against
LSV ASSET MANAGEMENT	1,516,999	0	For
Corient Private Wealth LP	629,773	688,792	Mixed
SEI	1,238,871	0	For
WESTWOOD HOLDINGS GROUP INC	1,220,000	0	For
ALGEBRIS (UK) LTD	0	1,206,372	Against

No total is shown for the institutional-manager reports: their sum exceeds the total votes cast at the meeting. Showing the 25 largest; see all in the interactive database.

12. 2. Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 6 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%

FOR: 167,591,614AGAINST: 3,365,510

Details: description as filed, official tally, votes by 116 asset managers

Description as filed by funds: The ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2026.

Lincoln National Corporation’s own tally for this item (“2. Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditor for 2026”): 167,591,614 for, 3,365,510 against — passed, per its Form 8-K filed June 1, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditor for 2026 was approved based on the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 116 asset managers below reported 123,159,940 for, 117,457 against, 16,722 abstained, 143 not voted.

FOR

FOR: 123,159,940AGAINST: 117,457ABSTAIN: 16,722NOT VOTED: 143

Largest asset managers voting on “The ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm ” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	17,190,359	80,213	2	For
BlackRock	15,761,186	0	0	For
First Trust	5,199,084	0	0	For
MFS	4,362,800	0	0	For
Guggenheim	4,353,574	0	0	For
Fidelity	3,177,123	0	0	For
State Street	3,018,726	167	0	For
Invesco	2,854,734	0	0	For
Dimensional	2,586,854	0	0	For
Prudential/PGIM	2,575,094	0	0	For
T. Rowe Price	2,528,019	0	0	For
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	2,355,600	0	0	For
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	1,922,252	0	0	For
John Hancock	1,344,228	0	0	For
Hartford	938,000	0	0	For
Principal	802,536	0	0	For
Jackson National	695,708	0	0	For
WisdomTree	687,661	0	0	For
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	551,200	0	0	For
Victory Capital	525,978	0	0	For
American Century	495,120	0	0	For
Bridge Builder Trust	458,767	0	0	For

Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.

13. 4. Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the…

Official resultSHAREHOLDER RIGHTS AND DEFENSESReported outcome: Not approved

Combines 6 wordings of this item as funds reported it.

29% Not approved · of votes cast

FOR 29%AGAINST

FOR: 40,910,999AGAINST: 102,198,953

Details: description as filed, official tally, votes by 116 asset managers

Description as filed by funds: Shareholder proposal to amend our governing documents to provide for an independent chairman of the board.

Lincoln National Corporation’s own tally for this item (“4. Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the Company's corporate governance documents to require an independent board chairman”): 40,910,999 for, 102,198,953 against — failed, per its Form 8-K filed June 1, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the Company's corporate governance documents to require an independent board chairman was not approved based on the following votes:”
Support: 29% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 116 asset managers below reported 61,379,829 for, 61,897,564 against, 16,726 abstained, 143 not voted.

FORAGAINST

FOR: 61,379,829AGAINST: 61,897,564ABSTAIN: 16,726NOT VOTED: 143

Largest asset managers voting on “Shareholder proposal to amend our governing documents to provide for an independent chairman of the board.” at Lincoln National Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Cohen & Steers	40,303,311	0	0	For
Vanguard	29,644	17,240,925	6	Against
BlackRock	0	15,761,186	0	Against
First Trust	1,199,084	4,000,000	0	Mixed
MFS	0	4,362,800	0	Against
Guggenheim	4,353,574	0	0	For
Fidelity	379,497	2,797,626	0	Mixed
State Street	3,518	3,015,375	0	Against
Invesco	2,854,734	0	0	For
Dimensional	0	2,586,854	0	Against
Prudential/PGIM	2,533,897	41,197	0	For
T. Rowe Price	0	2,528,019	0	Against
Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC	0	2,355,600	0	Against
Ultimus Managers Trust	2,136,000	0	0	For
Charles Schwab	376	1,921,877	0	Against
John Hancock	793,118	551,110	0	Mixed
Hartford	938,000	0	0	For
Principal	754,736	47,800	0	Mixed
Jackson National	0	695,708	0	Against
WisdomTree	0	687,661	0	Against
Global X	568,848	0	0	For
FLAHERTY & CRUMRINE TOTAL RETURN FUND INC	0	551,200	0	Against
Victory Capital	525,978	0	0	For
American Century	0	495,120	0	Against
Bridge Builder Trust	216,306	242,461	0	Mixed

Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.

Not shown here: this season’s fund filings also report 2 items from the meeting of May 22, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest Lincoln National Corporation shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 191,213,197 shares outstanding at the time of that meeting.

Fund voting reports: top Lincoln National Corporation shareholders by shares voted on “The approval of an advisory resolution on the compensation of our named executive officers.”, 2025-2026
#	Asset manager	% of shares outstanding
1	Cohen & Steers	21.08%
2	Vanguard	9.03%
3	BlackRock	8.24%
4	First Trust	2.72%
5	MFS	2.28%
6	Guggenheim	2.28%
7	Fidelity	1.66%
8	State Street	1.58%
9	Invesco	1.49%
10	Dimensional	1.35%

Institutional-manager reports: top Lincoln National Corporation shareholders by shares voted on “The approval of an advisory resolution on the compensation of our named executive officers.”, 2025-2026
#	Asset manager	% of shares outstanding
1	PARAMETRIC PORTFOLIO ASSOCIATES LLC	13.61%
2	Morgan Stanley	7.65%
3	Goldman Sachs	7.12%
4	Wellington	3.76%
5	RBC Capital Markets, LLC	3.57%
6	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	3.29%
7	State Street	2.93%
8	T. Rowe Price	2.47%
9	Cohen & Steers	2.43%
10	Guggenheim	2.34%

Reported Lincoln National Corporation holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

Lincoln National Corporation holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Lincoln Financial Investments Corporation	10.44%	13D
Vanguard Group	10.32%	13F
Bain Capital Prairie, LLC	9.81%	13D
BlackRock	9.67%	13F
Vanguard Portfolio Management	5.48%	13G
Lincoln National Corporation	5.12%	13D
Dimensional Fund Advisors	4.06%	13F
State Street	3.08%	13F
T. Rowe Price	2.32%	13F
Morgan Stanley	2.12%	13F

Percentages above are of 191,213,197 shares outstanding, as reported by Lincoln National Corporation on its Form 10-Q dated May 1, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Lincoln National Corporation’s 10-Q dated May 1, 2026. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At Lincoln National Corporation's shareholder meeting held May 28, 2026, in the 2025-2026 proxy season, 600 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 6,985 separate fund positions. On the most widely held item on that ballot — The approval of an advisory resolution on the compensation of our named executive officers. — Lincoln National Corporation's filing reports the proposal as approved, with 71% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Lincoln National Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 1, 2026.

Lincoln National Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.