What changed in this filing

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Item 5. Other Information

2026-05-04 compared with 2025-10-27 · 12 added, 152 removed, 28 unchanged (85% of the section changed)

Other Information

On September 12, 2025 , Mary Ann Betsch , the Company’s Chief Financial Officer , adopted a trading plan for the sale of shares of the Company’s common stock, which is designed to satisfy the affirmative defense conditions of Rule 10b5-1 under the Exchange Act.

The plan expires on March 31, 2026 .

The aggregate number of shares to be sold under the plan is 50% of the shares underlying equity awards that are scheduled to vest during the plan, representing up to approximately 15,152 shares of the Company’s stock.

During the three months ended September 30, 2025, no other director or officer of the Company entered into, modified or terminated , contracts, instructions or written plans for the sale or purchase of Lazard securities that were intended to satisfy the affirmative defense conditions of Rule 10b5-1 or that constituted non-Rule 10b5-1 trading arrangements (as defined in Item 408 of Regulation S-K of the Exchange Act).

During the three months ended March 31, 2026, no directors or officers of the Company entered into, modified or terminated , contracts, instructions or written plans for the sale or purchase of Lazard securities that were intended to satisfy the affirmative defense conditions of Rule 10b5-1 or that constituted non-Rule 10b5-1 trading arrangements (as defined in Item 408 of Regulation S-K of the Exchange Act).

2.1 Sale and Purchase Agreement, dated April 30, 2026, by and among Lazard, Inc.

and the sellers party thereto (incorporated by reference to Exhibit 2.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on May 1, 2026).

3.1 Certificate of Incorporation of the Registrant (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report (File No.

2 unchanged sentences

001-32492) on Form 8-K filed on January 2, 2024).

4.1 Form of Stock Certificate for Common Stock (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report (File No.

001-32492) on Form 8-K filed on January 2, 2024).

4.2 Indenture, dated as of May 10, 2005, by and between Lazard Group LLC and The Bank of New York, as Trustee (incorporated by reference to Exhibit 4.1 to Lazard Group LLC’s Registration Statement (File No.

333-126751) on Form S-4 filed on July 21, 2005).

4.3 Sixth Supplemental Indenture, dated as of February 13, 2015, between Lazard Group LLC and The Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 of the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on February 13, 2015).

4.4 Seventh Supplemental Indenture, dated as of November 4, 2016, between Lazard Group LLC and The Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 of the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on November 7, 2016).

4.5 Eighth Supplemental Indenture, dated as of September 19, 2018, between Lazard Group LLC and the Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on September 19, 2018).

4.6 Ninth Supplemental Indenture, dated as of March 11, 2019, between Lazard Group LLC and The Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on March 11, 2019) .

4.7 Tenth Supplemental Indenture, dated as of March 12, 2024, between Lazard Group LLC and The Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on March 12, 2024).

4.8 Eleventh Supplemental Indenture, dated as of December 12, 2024, among Lazard Group LLC, Lazard, Inc.

and The Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 to the Registrant's Current Report on Form 8-K (File No.

001-32492) filed on December 12, 2024).

4.9 Twelfth Supplemental Indenture, dated as of August 1, 2025, among Lazard Group LLC, Lazard, Inc.

and The Bank of New York Mellon, as trustee (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on August 1, 2025) .

4.10 Form of Senior Note (included in Exhibits 4.3 , 4.4 , 4.5 , 4.6 , 4.7 and 4.9 ).

10.1 Third Amended and Restated Operating Agreement of Lazard Group LLC, dated as of March 31, 2023 (incorporated by reference to Exhibit 10.1 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on May 2, 2023).

10.2 Second Amended and Restated Tax Receivable Agreement, dated as of October 26, 2015, by and among Ltd Sub A, Ltd Sub B and LTBP Trust (incorporated by reference to Exhibit 10.2 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on October 28, 2015).

10.3 Lease, dated as of January 27, 1994, by and between Rockefeller Center Properties and Lazard Frères & Co.

LLC (incorporated by reference to Exhibit 10.19 to the Registrant’s Registration Statement (File No.

333-121407) on Form S-1/A filed on February 11, 2005).

10.4 Fourth Amendment dated as of February 16, 2011, by and among RCPI Landmark Properties, L.L.C.

(as the successor in interest to Rockefeller Center Properties), RCPI 30 Rock 22234849, L.L.C.

and Lazard Group LLC (as the successor in interest to Lazard Frères & Co.

LLC), to the Lease dated as of January 27, 1994, by and among Rockefeller Center Properties and Lazard Frères & Co.

LLC (incorporated by reference to Exhibit 10.16 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on April 29, 2011).

10.5* Lazard, Inc.

2008 Incentive Compensation Plan (incorporated by reference to Annex B to the Registrant’s Definitive Proxy Statement on Schedule 14A (File No.

001-32492) filed on March 24, 2008).

10.6* Lazard, Inc.

2018 Incentive Compensation Plan (incorporated by reference to Annex B to the Registrant’s Definitive Proxy Statement on Schedule 14A (File No.

001-32492) filed on March 15, 2018).

10.7* First Amendment to the Lazard, Inc.

2018 Incentive Compensation Plan (incorporated by reference to Annex B to the Registrant’s Definitive Proxy Statement on Schedule 14A (File No.

001-32492) filed on March 16, 2021).

10.8* Second Amendment to the Lazard, Inc.

2018 Incentive Compensation Plan (incorporated by reference to Exhibit 10.2 to the Registrant's Post-Effective Amendment No.

1 to Registration Statements on Form S-8 (File Nos.

333-154977 , 333-193845 , 333-217597 , 333-224552 and 333-269977 ) filed on February 2, 2024).

10.9* Third Amendment to the Lazard, Inc.

2018 Incentive Compensation Plan (incorporated by reference to Annex B to the Registrant’s Definitive Proxy Statement on Schedule 14A (File No.

001-32492) filed on March 21, 2024).

10.10* First Amendment to the Lazard, Inc.

2008 Incentive Compensation Plan (incorporated by reference to Exhibit 10.1 to the Registrant's Post-Effective Amendment No.

1 to Registration Statements on Form S-8 (File Nos.

333-154977 , 333-193845 , 333-217597 , 333-224552 and 333-269977 ) filed on February 2, 2024).

10.11* Amended and Restated Agreement relating to Retention and Noncompetition and Other Covenants, dated as of March 31, 2022, by and among the Registrant, Lazard Group LLC and Kenneth M.

Jacobs (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 6, 2022).

10.12* Amendment to Amended and Restated Agreement Relating to Retention and Noncompetition and Other Covenants, dated as of May 25, 2023, by and among the Registrant, Lazard Group LLC and Kenneth M.

Jacobs (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on May 26, 2023).

10.13* Letter Agreement, dated November 22, 2024, by and between Kenneth M.

Jacobs and Lazard, Inc.

(incorporated by reference to Exhibit 10.13 to the Registrant’s Annual Report on Form 10-K (File No.

001-32492) filed on February 24, 2025) .

10.14* Amended and Restated Agreement relating to Retention and Noncompetition and Other Covenants, dated as of March 31, 2022, by and among the Registrant, Lazard Group LLC and Evan L.

Russo (incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 6, 2022) .

10.15* Amendment to Amended and Restated Agreement Relating to Retention and Noncompetition and Other Covenants, dated as of May 25, 2023, by and among the Registrant, Lazard Group LLC and Evan L.

Russo (incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on May 26, 2023).

10.16* Transition Agreement, dated September 7, 2025, by and between Evan L.

Russo and Lazard, Inc.

(incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on September 8, 2025) .

10.17* Amended and Restated Agreement relating to Retention and Noncompetition and Other Covenants, dated as of March 31, 2022, by and among the Registrant, Lazard Group LLC and Peter R.

Orszag (incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 6, 2022).

10.18* Amendment to Amended and Restated Agreement Relating to Retention and Noncompetition and Other Covenants, dated as of May 25, 2023, by and among the Registrant, Lazard Group LLC and Peter R.

Orszag (incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on May 26, 2023).

10.19* Letter Agreement regarding Terms of Continued Employment, dated as of April 24, 2025, between Lazard, Inc.

Orszag (incorporated by reference to Exhibit 10.18 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on April 30, 2025).

10.20* Amended and Restated Agreement relating to Retention and Noncompetition and Other Covenants, dated as of March 29, 2019, by and among the Registrant, Lazard Group LLC and Ashish Bhutani (incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 3, 2019).

10.21* Resignation Letter Agreement, dated as of March 31, 2022, by and between the Registrant and Ashish Bhutani (incorporated by reference to Exhibit 10.4 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 6, 2022).

10.22* Letter Agreement, dated as of January 1, 2023, by and between Lazard Asset Management LLC and Ashish Bhutani (incorporated by reference to Exhibit 10.13 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on May 2, 2023.

10.23* Amended and Restated Agreement relating to Retention and Noncompetition and Other Covenants, dated as of March 29, 2019, by and among the Registrant, Lazard Group LLC and Alexander F.

Stern (incorporated by reference to Exhibit 10.5 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 3, 2019).

10.24* Resignation Letter Agreement, dated as of March 31, 2022, by and between the Registrant and Alexander F.

Stern (incorporated by reference to Exhibit 10.5 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on April 6, 2022).

10.25* Letter Agreement, dated as of January 1, 2023, by and between Lazard Frères & Co.

LLC and Alexander F.

Stern (incorporated by reference to Exhibit 10.16 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on May 2, 2023).

10.26* Letter Agreement, dated as of July 23, 2022, by and between Lazard Group LLC and Mary Ann Betsch (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on July 28, 2022).

10.27* Agreement relating to Retention and Noncompetition and Other Covenants, dated as of August 23, 2023, by and between the Registrant, Lazard Group LLC and Mary Ann Betsch (incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on August 25, 2023).

10.28* Letter Agreement, dated as of June 29, 2023, by and between Lazard Frères & Co.

LLC and Michael Gathy (incorporated by reference to Exhibit 10.22 to the Registrant's Quarterly Report (File No.

001-32492) on Form 10-Q filed on October 27, 2023).

10.29* Amended and Restated Agreement relating to Retention and Noncompetition and Other Covenants, dated as of March 7, 2024, by and among the Registrant, Lazard & Co., Services Limited and Alexandra Soto (incorporated by reference to Exhibit 10.25 to the Registrant's Quarterly Report (File No.

001-32492) on Form 10-Q filed on April 26, 2024).

10.30* Letter Agreement regarding Terms of Continued Employment, dated as of April 24, 2025, between Lazard, Inc.

and Alexandra Soto (incorporated by reference to Exhibit 10.29 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on April 30, 2025).

10.31* Letter Agreement regarding Terms of Continued Employment, dated as of April 24, 2025, between Lazard, Inc.

and Christian A.

Weideman (incorporated by reference to Exhibit 10.30 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on April 30, 2025).

10.32* Offer Letter, dated September 3, 2025, between Christopher Hogbin and Lazard, Inc.

(incorporated by reference to Exhibit 10.2 to the Registrants’s Current Report on Form 8-K (File No.

001-32492) filed on September 8, 2025) .

10.33* Letter Agreement regarding terms of Employment, dated September 3, 2025 between Christopher Hogbin and Lazard, Inc.

(incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on September 8, 2025) .

10.34* Form of Award Letter for Annual Grant of Deferred Stock Units to Non-Executive Directors (incorporated by reference to Exhibit 99.1 to the Registrant’s Current Report on Form 8-K (File No.

001-32492) filed on September 8, 2005).

10.35* Directors’ Fee Deferral Unit Plan (incorporated by reference to Exhibit 10.39 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on May 11, 2006) .

10.36 Second Amended and Restated Credit Agreement, dated as of June 6, 2023, among Lazard Group LLC, the Banks from time to time parties thereto, and Citibank, N.A., as Administrative Agent (incorporated by reference to Exhibit 10.23 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on July 31, 2023).

10.37 First Amendment to Second Amended and Restated Credit Agreement, dated as of December 23, 2024, by and among Lazard Group LLC, Lazard, Inc., the Banks party thereto and Citibank, N.A., as Administrative Agent (incorporated by reference to Exhibit 10.31 to the Registrant’s Annual Report on Form 10-K (File No.

10.1* Offer Letter, dated January 28, 2026, between Lazard, Inc.

and Tracy Farr (incorporated by reference to Exhibit 10.1 to the Registrant's Current Report on Form 8-K (File No.

001-32492) filed on February 2, 2026).

10.38* Form of Agreement for Performance-Based Profits Interest Participation Right Units under the 2018 Incentive Compensation Plan (incorporated by reference to Exhibit 10.24 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on April 30, 2019).

10.39* Form of Agreement evidencing grant of Performance-Based Restricted Participation Units under the 2018 Incentive Compensation Plan (incorporated by reference to Exhibit 10.19 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on May 4, 2021).

10.40* Form of Agreement evidencing grant of Lazard Fund Interests to Named Executive Officers under the 2018 Incentive Compensation Plan (incorporated by reference to Exhibit 10.20 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on May 4, 2021).

10.41* Form of Agreement for Profits Interest Participation Right Units under the 2018 Compensation Plan (incorporated by reference to Exhibit 10.21 to the Registrant’s Quarterly Report on Form 10-Q (File No.

001-32492) filed on May 4, 2021).

10.42* Form of Agreement for Profits Interest Participation Right Units under the 2018 Incentive Compensation Plan (incorporated by reference to Exhibit 10.26 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on May 2, 2023).

10.43* Form of Agreement evidencing grant of Restricted Stock Units under the 2018 Incentive Compensation Plan (incorporated by reference to Exhibit 10.27 to the Registrant’s Quarterly Report (File No.

001-32492) on Form 10-Q filed on May 2, 2023).

19.1 Insider Trading Policy (incorporated by reference to Exhibit 19.1 to the Registrant’s Annual Report on Form 10-K (File No.

10.2* Transition Agreement, dated January 28, 2026, between Lazard, Inc.

and Mary Ann Betsch (incorporated by reference to Exhibit 10.2 to the Registrant's Current Report on Form 8-K (File No.

001-32492) filed on February 2, 2026).

18.1 Preferability Letter on Change in Accounting Principle .

22.1 List of Issuers of Guaranteed Securities (incorporated by reference to Exhibit 22.1 to the Registrant’s Annual Report on Form 10-K (File No.

1 unchanged sentence

31.1 Rule 13a-14(a) Certification of Peter R.

31.2 Rule 13a-14(a) Certification of Mary Ann Betsch.

31.2 Rule 13a-14(a) Certification of Tracy Farr.

32.1** Section 1350 Certification for Peter R.

32.2** Section 1350 Certification for Mary Ann Betsch.

97.1 Incentive Compensation Recovery Policy (incorporated by reference to Exhibit 97.1 to the Registrant’s Annual Report (File No.

001-32492) on Form 10-K filed on February 23, 2024).

32.2** Section 1350 Certification for Tracy Farr.

101.INS Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because iXBRL tags are embedded within the Inline XBRL document.

11 unchanged sentences

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

October 27, 2025

/s/ Mary Ann Betsch

Mary Ann Betsch

/s/ Tracy Farr

Chief Financial Officer

3 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 5. Other Information