Company: LAZ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0001311370-25-000052
Chunk: 207

Company: Lazard, Inc.
Filing Date: 2025-10-27
Form: 10-Q
Item: Part II, Item 8
Chunk 207
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Gains/LossesIncluded InEarnings Purchases/IssuancesSales/Settlements ForeignCurrencyTranslationAdjustmentsEndingBalanceAssets:Investments:Equity$697 $10 $– $– $(22)$685 Private equity funds289 – – – 1 290 Total Level 3 assets$986 $10 $– $– $(21)$975 Liabilities:Contingent consideration    liability$2,248 $26 $– $– $– $2,274 Total Level 3 liabilities$2,248 $26 $– $– $– $2,274 

21

LAZARD, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-(Continued)(UNAUDITED)(dollars in thousands, except for per share data, unless otherwise noted)

Nine Months Ended September 30, 2025BeginningBalanceNet UnrealizedGains/LossesIncluded InEarnings Purchases/IssuancesSales/SettlementsForeignCurrencyTranslationAdjustmentsEndingBalanceAssets:Investments:Equity$589 $57 $– $– $39 $685 Private equity funds256 – – – 34 290 Total Level 3 assets$845 $57 $– $– $73 $975 Liabilities:Contingent consideration   liability (a)$4,495 $79 $– $(2,300)$– $2,274 Total Level 3 liabilities$4,495 $79 $– $(2,300)$– $2,274 Three Months Ended September 30, 2024BeginningBalanceNet UnrealizedGains/LossesIncluded InEarnings Purchases/IssuancesSales/Settlements/ForeignCurrencyTranslationAdjustmentsEndingBalanceAssets:Investments:Equity$611 $9 $– $– $30 $650 Private equity funds264 – – – 12 276 Total Level 3 assets$875 $9 $– $– $42 $926 Liabilities:Contingent consideration   liability$4,389 $53 $– $– $– $4,442 Total Level 3 liabilities$4,389 $53