Lazard, Inc. — Director's Dealing 2023

May 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2023-05-19

Reporting Person: Orszag Peter Richard (CEO of Financial Advisory)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-19	Restricted Stock Units	$	A	1374	Acquired		Class A Common Stock (1374)	Direct

Footnotes

F1: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.

F2: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3: These RSUs will vest on or around September 3, 2024.

F4: Amount excludes 73,741 shares of Class A Common Stock directly or indirectly beneficially owned by the reporting person.