LVIP FUND NAME

EFFECTIVE

DATE

TERMINATION

DATE

Lincoln Hedged Nasdaq-100 Fund

Lincoln Hedged S&P 500 Conservative Fund

Lincoln Hedged S&P 500 Fund

Lincoln Opportunistic Hedged Equity Fund

LVIP American Century Balanced Fund

LVIP American Century Capital Appreciation Fund

LVIP American Century Inflation Protection Fund

LVIP American Century International Fund

LVIP American Century Large Company Value Fund

LVIP American Century Mid Cap Value Fund

LVIP American Century Ultra Fund

LVIP American Century Value Fund

LVIP American Funds Vanguard Active Passive Growth Fund

May be amended only with Board approval.

Applies only to “Other Expenses” as such term is used in the Fund’s prospectus.

LVIP FUND NAME

EFFECTIVE

DATE

TERMINATION

DATE

LVIP Avantis Large Cap Value Fund

LVIP BlackRock Dividend Value Managed Volatility Fund

LVIP BlackRock Equity Dividend Fund*

LVIP BlackRock Global Allocation Fund*

LVIP BlackRock Global Growth ETF Allocation Managed Risk Fund

LVIP Channing Small Cap Value Fund

LVIP ClearBridge Franklin Select Large Cap Managed Volatility Fund

LVIP ClearBridge Appreciation Fund

LVIP ClearBridge Dividend Strategy Fund

LVIP ClearBridge Large Cap Growth Fund

LVIP ClearBridge Large Cap Value Fund

LVIP Dimensional International Core Equity Fund

LVIP Fidelity Institutional AM^® Select Core Equity Managed Volatility Fund

LVIP Fidelity Institutional AM^® Total Bond Fund*

May be amended only with Board approval.

Applies only to “Other Expenses” as such term is used in the Fund’s prospectus.

LVIP Franklin Templeton Core Bond Fund

LVIP Global Equity Managed Volatility Fund, formerly LVIP Franklin Templeton Global Equity Managed Volatility Fund

LVIP Global Aggressive Growth Allocation Managed Risk Fund

LVIP JPMorgan Retirement Income Fund*

LVIP JPMorgan Short Duration Bond Fund*

LVIP Loomis Sayles Global Growth Fund

LVIP Nomura High Yield Fund*

LVIP Nomura SMID Cap Core Fund*

May be amended only with Board approval.

Applies only to “Other Expenses” as such term is used in the Fund’s prospectus.

LVIP FUND NAME

STANDARD
CLASS II
EXPENSE
LIMIT

EFFECTIVE

DATE

TERMINATION
DATE

LVIP Nomura U.S. Growth Fund

LVIP Nomura U.S. REIT Fund*

LVIP MFS International Growth Fund

LVIP Multi-Manager Global Equity Managed Volatility Fund

LVIP Multi-Manager International Equity Managed Volatility Fund

LVIP PIMCO Low Duration Bond Fund

LVIP Schroders Inflation Plus Fund

LVIP Schroders U.S. Equity Income Maximizer Fund

LVIP State Street Conservative Index Allocation Fund

LVIP State Street Emerging Markets Equity Index Fund

LVIP State Street International Managed Volatility Fund

LVIP State Street Large Cap Managed Volatility Fund

LVIP State Street Nasdaq-100 Index Fund

LVIP State Street Short-Term Bond Index Fund

May be amended only with Board approval.

Applies only to “Other Expenses” as such term is used in the Fund’s prospectus.

LVIP State Street SMID Cap Managed Volatility Fund

LVIP Structured Moderate Allocation Fund

LVIP T. Rowe Price 2020 Fund

LVIP T. Rowe Price 2030 Fund

LVIP T. Rowe Price 2040 Fund

LVIP T. Rowe Price 2050 Fund

LVIP T. Rowe Price 2060 Fund

LVIP U.S. Aggressive Growth Allocation Managed Risk Fund

May be amended only with Board approval.

Applies only to “Other Expenses” as such term is used in the Fund’s prospectus.

LINCOLN VARIABLE INSURANCE

PRODUCTS TRUST, on behalf of each of its Funds listed on Schedule A

/s/ Gordon Huellmantel

/s/ James Hoffmayer