Lazard, Inc. — Director's Dealing 2025

May 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard, Inc. (LAZ)
CIK: 0001311370
Period of Report: 2025-05-15

Reporting Person: Alper Andrew M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-15	Deferred Stock Units	$	A	775	Acquired		Common Stock (775)	Direct

Footnotes

F1: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended, in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2: The DSUs will be converted into Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard, Inc.