Company: LAZ
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010240
Chunk: 47

Company: Lazard, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 47
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PUs—Retention through 2030 and Alignment with the Lazard 2030 Strategic Plan” above for additional information on the Stock Price PRPUs vesting conditions. |

2024 Stock Vested The following table sets forth certain information concerning PIPRs, PRPUs and RSUs held by our NEOs that vested in 2024. The value realized on vesting was calculated based on the NYSE closing price of our common stock on the trading day immediately preceding the vesting date.

| Named Executive Officer |     | Number of Shares That 
        Vested or Were 
   Acquired on Vesting |     | Value Realized 
     on Vesting |
| Peter R. Orszag         |     |               162,414 |     |     $6,950,597 |
| Kenneth M. Jacobs       |     |               321,025 |     |    $12,584,180 |
| Mary Ann Betsch         |     |                     — |     |              — |
| Evan L. Russo           |     |               168,539 |     |     $6,606,729 |
| Alexandra Soto          |     |                76,003 |     |     $2,929,156 |

Potential Payments Upon Termination or Change in Control As described above, the retention agreements in effect as of December 31, 2024 with each of our current NEOs provide for certain severance benefits in the event of a termination by us other than for “cause” or by the NEO for “good reason” (each as defined in the retention agreements and, in each case, which we refer to below as a “qualifying termination”) prior to the expiration of the retention agreements. The following table shows the potential payments that would have been made by the Company to each of our NEOs as of December 31, 2024, assuming that such NEO’s employment with the Company

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terminated, or a change in control occurred, on December 31, 2024 under the circumstances outlined in the table, including a qualifying termination of employment. For purposes of this table, the price of our common stock is assumed to be $51.48, which was the closing price on December 31, 2024 and the amounts set forth