Lazard Investor Presentation Deck

INVESTOR PRESENTATION Our Performance Diversified Revenue Growth Total Operating Revenue ($M) $2,344 44% 55% $2,655 47% $2,755 45% 52% 55% $2,546 $2,524 LAZARD 46% 44% 53% 56% $3,139 42% $2,769 40% 57% 60% 2016 2017 2018 2019 2020 2021 2022 Financial Advisory Asset Management Corporate Disciplined Operating Margin, as Adjusted 25% 25% Average 27% 27% 23% 23% 26% 21% 2016 2017 2018 2019 2020 2021 2022 ■Consolidated Operating Margin, as adjusted I INVESTMENT HIGHLIGHTS Profitable Return of Capital % Of Net Income, as Adjusted $755 113% Average $695 2016 2017 2018 2019 2020 2021 2022 Our diversified platform provides resiliency, growth and profitability Balanced contribution from Asset Management and Financial Advisory with further diversification of revenues within each business Demonstrated cost discipline alongside continued investment in growth over the cycle Focus on shareholder returns with consistent, opportunistic return of capital Adjusted Net Income Return of Capital, net of deferred equity compensation 11 |

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