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Form N-PX · fund seriesSEC series no. S000023480

Lazard Developing Markets Equity Portfolio

A series of LAZARD FUNDS INC

Vote records
899year to 30 June 2026
Against management
12.3%102 of 832 marked votes
Say-on-pay support
not reportedfor, of for + against + abstain
Shareholder-proposal support
81.8%for, of for + against + abstain

Lazard Developing Markets Equity Portfolio is a series of LAZARD FUNDS INC. For the year to 30 June 2026 its registrant reported 899 vote records for the series; 12.3% of the votes marked for or against management went against management. It voted for 100.0% of say-on-pay items and for 81.8% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share12.3%9.1%6.2%
Say-on-pay support ratenot reported83.9%91.6%
Shareholder-proposal support rate81.8%51.5%27.5%

Votes by category

foragainstabstain, withhold or otheramber tick: the portion cast against management

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS2692202712.8%
SECTION 14A SAY-ON-PAY VOTES3200.0%
AUDIT-RELATED4638818.2%
SHAREHOLDER RIGHTS AND DEFENSES5140.0%
EXTRAORDINARY TRANSACTIONS87112.5%
CAPITAL STRUCTURE1711482313.5%
COMPENSATION103822019.6%
CORPORATE GOVERNANCE315289216.3%
ENVIRONMENT OR CLIMATE2200.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE2200.0%
DIVERSITY, EQUITY, AND INCLUSION2200.0%
OTHER SOCIAL ISSUES42250.0%
OTHER191637.1%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202479912.5%not reportednot reported
year to 30 June 20258459.9%not reported100.0%
year to 30 June 202689912.3%not reported81.8%

Questions

How often did Lazard Developing Markets Equity Portfolio vote against management?

12.3% of the votes its registrant marked for or against management in the year to 30 June 2026 (102 of 832).

How did Lazard Developing Markets Equity Portfolio vote on executive pay?

It voted for 2 of 2 say-on-pay items cast for, against or abstain (100.0%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by LAZARD FUNDS INC, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by LAZARD FUNDS INC (filer no. 874964); votes attributed to series S000023480 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.