Lazard (LAZ) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with a welcome and reminder about forward-looking statements and associated risks.

• Agenda included formal business, voting on five proposals, and a Q&A session.

Financial performance review

• Achieved record adjusted net revenue of $1.8 billion in financial advisory, surpassing 2025 goals.

• Asset management saw record full-year inflows and 12% year-over-year AUM growth.

• Total shareholder return since October 2023 reached 74%.

Strategic initiatives and plans

• Acquisition of Campbell Lutyens and creation of Lazard CL to lead in global private capital advisory.

• Continued execution of the Lazard 2030 strategy, emphasizing diversification and long-term growth.