Investor Highlights

High Performance Performance across businesses leads to strong results $2.52bn FY operating revenue 2020 $849mn Record quarterly operating revenue Q4 2020 $259bn Record year-end assets. under management Q4 2020 $365mn FY return of capital to shareholders 2020 $509mn Record Financial Advisory quarterly operating revenue Q4 2020 $336mn Asset Management operating revenue Q4 2020 LAZARD As of December 31, 2020 17

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