LINCOLN VARIABLE INSURANCE PRODUCTS TRUST

lincoln variable insurance products trust (the “trust”), a delaware statutory trust formed on february 1, 2003, is an open-end management investment company. prior to april 30, 2003, each fund in the trust in existence at the time was organized as a separate maryland corporation (each, a predecessor fund). eleven series of the trust are successors to a predecessor fund, the assets and liabilities of which were acquired and assumed, respectively, on april 30, 2003. each fund is diversified within the meaning of the investment company act of 1940 (the “1940 act”). references to “adviser” in this sai include both lincoln financial investments corporation (“lfi”, formerly lincoln investment advisors corporation) and a fund’s sub-adviser (if applicable) unless the context otherwise indicates.