Company: LAZ
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010240
Chunk: 58

Company: Lazard, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 58
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 |     | $1,630,926 |
| Changes in Pension Value Reflected in Summary Compensation Table                                                                                                       |     |           — |     |           — |     |          — |     |          — |     |           — |     |    -10,755 |     |                       — |     |          — |     |          — |     |          — |     |     -6,107 |
| Total Adjustments                                                                                                                                                      |     | $50,822,362 |     |  $3,611,090 |     |   $963,750 |     | $5,868,047 |     | $14,499,417 |     | $4,240,639 |     |             $17,158,814 |     | $1,017,416 |     | $2,437,698 |     | $6,261,094 |     | $1,624,819 |

| (4) | Reflects the average of the amounts reported for our NEOs as a group (excluding Mr. Orszag in 2024 and 2023 and Mr. Jacobs in each year except 2024) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, Mses. Betsch and Soto and Messrs. Jacob and Russo; (ii) for 2023, Mses. Betsch and Soto and Mr. Russo; (iii) for 2022, Ms. Betsch and Messrs. Orszag, Russo, Bhutani, and Stern; and (iv) for each of 2021 and 2020, Messrs. Orszag, Russo, Bhutani, and Stern. |

| (5) | Represents the average amount of compensation “actually paid” to the NEOs as a group (excluding Mr. Orszag in 2024 and 2023 and Mr. Jacobs in each year except 2024), as computed in accordance with Item 402(v) of Regulation S-K, in accordance with the methodology reflected in footnote (2) to this Pay Versus Performance table. |

| (6) | Cumulative TSR is calculated by dividing the difference between our share price at the end and the beginning of the measurement period by our share price at the beginning of the measurement period,