Company: LAZ
Filing Date: 2025-03-14
Form Type: S-3ASR
Source: 0001628280-25-012720
Chunk: 42

Company: Lazard, Inc.
Filing Date: 2025-03-14
Form: S-3ASR
Chunk 42
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urchases or redemptions that are unlawful under Delaware law. The provision also does not affect a director’s or officer’s responsibilities under any other law, such as federal securities laws or state or federal environmental laws.

Lazard, Inc.’s by-laws also provide that Lazard, Inc. shall indemnify and hold harmless to the fullest extent permitted by law any and all of its directors and officers, or former directors and officers, or any person who serves or served at Lazard, Inc.’s request as a director, officer, employee, or agent of any corporation, limited liability company, public limited company, partnership, joint venture, trust, employee benefit plan, fund, or other enterprise. For purposes of the indemnification described in this paragraph, references to Lazard, Inc. include Lazard Ltd as incorporated under Bermuda law prior to the continuance of its existence under Delaware law as Lazard, Inc. Lazard, Inc. will remain obligated on any indemnification obligations of Lazard Ltd arising prior to the Domestication.

Lazard, Inc. maintains directors’ and officers’ insurance policies that cover its directors and officers.

Subject to limitations imposed by Delaware law, Lazard, Inc. may enter into agreements that provide indemnification to the directors, officers, and other persons serving at our request as a director, officer, employee, or agent of another enterprise for all actions, liabilities, losses, damages, or expenses incurred or suffered by the indemnified person arising out of such person’s service in such capacity.

#### Lazard Group LLC
Section 108 of the Delaware Limited Liability Company Act (the “DLLCA”) provides that, subject to such standards and restrictions, if any, as are set forth in its limited liability company agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.

Lazard Group LLC is a limited liability company organized under the laws of the State of Delaware.

The Third Amended and Restated Operating Agreement (“Operating Agreement”) of Lazard Group LLC provides that no director of Lazard Group LLC shall be liable to Lazard Group LLC or its members for monetary

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damages for breach of fiduciary duty as a director except to the extent that such exemption from liability or limitation thereof is not permitted under the DLLCA as currently in effect or as the same may be amended.

Lazard Group LLC’s Operating Agreement also provides