Company: HLI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001302215-25-000084
Chunk: 50

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 50
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 and Directors as a Group (14 persons) |     |    71,781 |     | *            |     | 15,983,668 |     | 100.0%       |     | 74.7%                   |

* Less than 1%.

** Based on 54,351,483 shares of Class A common stock and 15,983,668 shares of Class B common stock outstanding as of July 24, 2025.

*** Represents the voting power with respect to all shares of our Class A common stock and Class B common stock, voting as a single class. Each share of Class A common stock will be entitled to one vote per share and each share of Class B common stock will be entitled to ten votes per share. For more information, see “Description of Capital Stock—Class A Common Stock and Class B Common Stock,” in our Annual Report on Form 10-K.

(1) Consists of shares of Class B common stock held indirectly through the HL Voting Trust of which Scott J. Adelson, Scott L. Beiser, and Irwin N. Gold are the trustees. All decisions with respect to the voting of the Class B common stock held by the HL Voting Trust will be made by the trustees of the HL Voting Trust, in their sole and absolute discretion. The HL Voting Trust will terminate on the earlier of (1) the written agreement of the Company and the trustees and (2) the conversion of all of the shares of Class B common stock into Class A common stock in accordance with our charter.

(2) Based solely on the information provided pursuant to a statement on a Schedule 13G/A filed with the SEC on February 13, 2024, The Vanguard Group (“Vanguard”) has shared power to vote or direct the vote of 17,777 shares of Class A common stock; has sole power to dispose or direct the disposition of 5,001,402 shares of Class A common stock; and shared power to dispose or direct the disposition of 72,638 shares of Class A common stock, respectively. As of December 31, 2023, Vanguard was the aggregate beneficial owner of 5,074,040 shares of Class A common stock. The address for Vanguard is 100 Vanguard Blvd., Malvern, PA 19355.

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(3) Based solely on the information provided pursuant to a statement on a Schedule 13G filed with the SEC on April 17, 2025, Blackrock, Inc.