Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print LVIP American Century Md Cp ValStdII Release date as of 2024-10-31. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Fees and Expenses Taken from prospectus dated 2024-05-01   Maximum Fees Administrative --- Management 0.70% 12b-1 --- Actual Fees 12b-1 --- Management 0.70% Expense Ratio 0.86% (taken from annual report dated 2024-06-30) Total Annual Operating Expense 0.87%

Waiver Data Type Date % ExpenseRatio Contractual 2026-04-30 0.01

Management Inception Date: 2004-12-01

Mngr Name Kevin Toney Mngr Start Date 2004-10-29 Biography Kevin Toney, CFA, CIO, senior vice president and senior portfolio manager for American Century Investments, joined the company in 1999 as an investment analyst and became a portfolio manager in 2006. Kevin is responsible for the teams that manage the company’s value and real estate equity strategies that comprise the firm’s Global Value Equity discipline. Before joining American Century Investments, Kevin was an associate in the M&A group of Toronto Dominion Securities. He has worked in the investment industry since 1993. Mngr Name Brian Woglom Mngr Start Date 2005-12-31 Biography Brian have more than five years of experience with American Century. He was a member of the team of investment professionals managing the U.S. Value Yield, U.S. Value, U.S. Large Cap Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value strategies and related accounts, and he co-manages U.S. Large Cap Value, U.S. Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value. He joined American Century Investments in 2005. Previously, Brian was an investment analyst for Argo Partners and an analyst for the portfolio management unit of Metropolitan Life Insurance Co. He has worked in the investment industry since 1998. Brian earned a bachelor's degree in economics from Amherst College and a master’s degree in business administration from the University of Michigan. He is a CFA® charterholder and a member of the CFA Institute. Mngr Name Nathan Rawlins Mngr Start Date 2022-03-15 Biography Mr. Rawlins, Portfolio Manager and Senior Investment Analyst, has been a member of the team that manages the fund since joining American Century in 2015 as an investment analyst. He became a senior investment analyst in 2020 and a portfolio manager in 2022. He has a bachelor’s degree from the University of Kansas and an MBA from the Kelley School of Business, Indiana University. He is a CFA charterholder. Mngr Name Michael Liss Mngr Start Date 2004-10-29 Biography Michael Liss, CFA, is Vice President and Senior Portfolio Manager of American Century. Mr. Liss has been with American Century since 1998. He holds a bachelor’s degree in accounting and finance from Albright College and an MBA in finance from Indiana University. Investment Advisor(s) Lincoln Financial Investments Corporation Web Site www.americancentury.com Issuer Lincoln Variable Insurance Product Tr Subadvisor(s) American Century Investment Management Inc

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