Company: LAZ
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010240
Chunk: 30

Company: Lazard, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 30
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 Information Business Performance; Achievement of Financial Metrics and Lazard 2030 Strategic Plan Goals . In evaluating the total compensation packages awarded to our NEOs, the Compensation Committee considered the Company’s results and progress during 2024 regarding key strategic metrics and financial goals, including the factors described under “2024 Business Strategy and Performance Highlights” above, awarded compensation and cost savings, each NEO’s individual contributions to the Company, and the Company’s progress towards achieving the Lazard 2030 Strategic Plan. The Compensation Committee’s assessment of the Company’s results and progress during 2024 includes consideration of the overall performance during the year of the Company’s Financial Advisory and Asset Management businesses. Tally Sheets . The Compensation Committee reviewed a comprehensive tally sheet of all elements of each NEO’s compensation, including cash and non-cash compensation for the past three fiscal years, the value of benefits and other perquisites paid to our NEOs, and potential amounts to be delivered under post-employment scenarios. Competitive Compensation Considerations . The competition to attract and retain high-performing executives and professionals in the financial services industry remains intense, and the amount and composition of total compensation paid to our executives must be considered in light of the overall market.

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TABLE OF CONTENTS

| Proxy   
 Summary |     | Governance |     | Executive    
 Compensation |     | Audit   
 Matters |     | Shareholder 
 Proposals   |     | General     
 Information |

Peer Group Data . For our NEOs, the Compensation Committee reviewed an analysis prepared by CAP, the Committee’s independent consultant, regarding compensation levels for 2023 (the most recent year for which comprehensive data for our peers was available), and indicative trends for 2024. CAP reviewed year-end compensation levels for comparable positions at the following financial services firms:

| •Affiliated Managers Group Inc.          
 •AllianceBernstein Holding L.P.          
 •Artisan Partners Asset Management, Inc. 
 •Blackstone Group LP                     
 •Evercore Partners Inc.                  
 •Franklin Resources, Inc.                
 •Houlihan Lokey Inc.                     
 •Invesco Ltd                             |     | •Janus Henderson Group PLC      
 •Jefferies Financial Group Inc. 
 •Moelis & Co.                   
 •Raymond James Financial, Inc.  
 •Piper Sandler Companies        
 •PJT Partners Inc.              
 •Stifel Financial Corp.         
 •T. Rowe Price Group Inc.       |

We chose this peer group, which is unchanged from 2023, because we compete in