Company: LAZ
Filing Date: 2025-07-28
Form Type: 424B5
Source: 0001311370-25-000027
Chunk: 49

Company: Lazard, Inc.
Filing Date: 2025-07-28
Form: 424B5
Chunk 49
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 tax purposes is a beneficial owner of notes, the tax treatment of a partner in such partnership generally will depend on the status of

<div align='center'>S-35</div>

such partner and the activities of such partnership. If you are a partner in a partnership holding the notes, you should consult your own tax advisors.

A beneficial owner of a note that is not a partnership (or other entity or arrangement treated as a partnership for U.S. federal income tax purposes) or a U.S. holder is referred to herein as a “non-U.S. holder.”

If you are considering the purchase of the notes, you should consult with your own tax advisors concerning the U.S. federal, state, local, and foreign tax consequences of purchasing, owning, and selling the notes in your particular circumstances under the Code and the laws of any other taxing jurisdiction.

#### Certain Additional Payments
Under the terms of the notes, we may be obligated in certain circumstances to pay amounts in excess of stated interest or principal on the notes. Under U.S. Treasury regulations, the possibility of such excess amounts being paid will not affect the amount of interest income a holder recognizes, in advance of the payment of such excess amounts, if there is only a remote chance as of the date the notes were issued that the holder would receive such amounts. We intend to take the position that any payment of such excess amounts should be taxable to a holder when received or accrued, in accordance with such holder’s regular method of accounting for U.S. federal income tax purposes. This position and this summary are based in part on the assumption that, as of the date of the issuance of the notes, the likelihood that we will be obligated to pay any such excess amounts is remote. Our determination that these contingencies are remote is binding on a holder unless the holder discloses a contrary position in the manner required by applicable U.S. Treasury regulations. Our determination is not, however, binding on the Internal Revenue Service (the “IRS”). In the event a contingency occurs, it could affect the amount and timing of the income that a holder must recognize.

#### U.S. Holders

#### Payment of Interest
Stated interest payments on the notes generally will be taxable to you as ordinary income at the time you accrue or receive such payments in accordance with your regular method of accounting for U.S. federal income tax purposes.

#### Sale or Retirement of Notes
Unless a nonrecognition rule applies, upon the sale, exchange, redemption, or other disposition of a note, you will recognize