Company: LAZ
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010240
Chunk: 40

Company: Lazard, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 40
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,879 |     |           — |     |      $118,161 |     |   $5,946,040 |     |              |
| Alexandra Soto                                     
 Chief Operating Officer                            |     |       2024 |     |    $750,000 |     |  $1,730,000 |     |   $3,413,282 |     |           — |     |  $3,413,282 |     |             — |     |      $52,342 |     |   $5,945,624 |
| 2023                                               |     |   $750,000 |     |    $800,000 |     |  $3,995,793 |     |            — |     |  $3,995,793 |     |           — |     |       $91,199 |     |   $5,636,992 |     |              |

| (1) | For 2024, includes a year-end annual cash incentive bonus. For 2023, includes a year-end annual cash incentive bonus, which is subject to potential repayment in full in connection with a termination of employment for “cause” or resignation without “good reason” on or prior to March 1, 2027, subject to certain exceptions. For Mr. Orszag, for 2023 and 2022, includes special cash retention awards of $2,000,000 and $1,250,000, respectively, that were payable contingent upon Mr. Orszag’s continued employment until the relevant payment date. For Ms. Betsch, for 2022, includes an award of $250,000 that was granted as a sign-on bonus in connection with her commencement of employment. |

| (2) | For 2024, represents the grant date fair value of PIPRs and RSUs that relate to the prior year’s performance. For 2023, represents the grant date fair value of PIPRs, RSUs and LFIs that relate to the prior year’s performance. For 2022, represents the grant date fair value of PRUs granted that relate to the prior year’s performance, and, in the case of Ms. Soto, includes a grant of LFIs made in respect of her services in 2022, during which time she did not serve as the Company’s Chief Operating Officer. Ms. Betsch commenced service during 2022 and did not receive a grant of equity awards. See Note 16