Investor Highlights

Increasing Market Share Market share has grown significantly since Lazard's IPO FINANCIAL ADVISORY MARKET SHARE1 ACTIVE AUM MARKET SHARE2 Lazard Rank 9th 7.0% +25% 6th 8.7% 0.25% +64% 0.41% 2005 2020 2005 2020 3 Source: Company filings, BCG reports. 1 Calculated as a percentage of the top ten financial advisory firms by revenue LAZARD 2 3 Active AUM estimated based on annual BCG asset management reports and excludes alternatives Global assets under management estimated based on 2019 assets 18

View entire presentation