Lincoln National Corporation

Good morning, and thank you for joining Lincoln Financial Group's first quarter 2023 earnings conference call. At this time, all lines are in a listen-only mode. Later, we'll announce the opportunity for questions and instructions will be given at that time. If you need assistance at any time during the call, please press the star key followed by zero, and someone will assist you. Now, I'd like to turn the conference over to Vice President of Investor Relations, Al Coppersino.

Please go ahead, sir. Thank you. Good morning and welcome to Lincoln Financial's first quarter earnings call.

Before we begin, I have an important reminder. Any comments made during the call regarding future expectations, including those regarding deposits, expenses, income from operations, share the purchases, and liquidity and capital resources are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, that could cause actual results to differ materially from current expectations. These risks and uncertainties include those described in the cautionary statement disclosures in our earnings release issued yesterday, as well as those detailed in our 2022 Annual Report on Form 10-K, most recent quarterly reports on Form 10-Q, and from time to time in our other filings with the SEC. These forward-looking statements are made only as of today, and we undertake no obligation to update or revise any of them to reflect events or circumstances that occur after this date. We appreciate your participation today and invite you to visit Lincoln's website, www.lincolnfinancial.com, where you can find our press release and statistical supplement, which include full reconciliations of the non-GAAP measures used on this call, including adjusted income from operations, or adjusted operating income, and adjusted income from operations available to common stockholders, to the most comparable GAAP measures. A slide presentation containing supplemental first quarter 2023 investment portfolio information is also posted on our website in the investor relations section. Presenting on today's call are Ellen Cooper, President and CEO, and Chris Nezaport, Chief Financial Officer. After their prepared remarks, we will move to the question and answer portion of the call.