July 2027 – Internship – Lazard Investment Banking Intern - Central Eastern Europe Team, Paris

Lazard has appointed David Krap as managing director and co-head of European Consumer, Retail & Leisure, the company announced in London on October 19, 2026. Krap joins from J.P. Morgan, where he was managing director and co-head of Consumer & Retail EMEA. He has over two decades of consumer-focused M&A advisory experience and previously held senior roles at Credit Suisse, Centerview Partners, and UBS. Based in London, he will join Lazard's European financial advisory practice, led by Jean-Louis Girodolle and Cyrus Kapadia. The hire is part of the Lazard 2030 strategy, which includes growing the firm's managing director ranks. Krap said he admires Lazard's "advisory-led, partnership-oriented model.

Episode 20: making sense of the world with global macro. How do you make sense of a world shaped by geopolitical conflict, AI disruption and rising debt? In this episode of FM Radio, Elston Co-Founder and Portfolio Manager Bruce Williams chats with Lazard's Chief Market Strategist Ron Temple at the recent Elston Elevate Conference to explore the global forces reshaping economies and markets. Drawing on insights shared at the recent Elston Elevate conference, they discuss the evolving conflicts in the Middle East and Ukraine, the future of China, and the growing challenges facing governments around the world. The conversation also examines the AI investment boom, energy security, shifting trade relationships and what these trends could mean for investors in the years ahead. Looking for a broader perspective on the forces driving markets beyond the headlines? This is one to listen to. Questions? If you would like more information, fill out the form below and Elston Group'll be in touch. Warnings and disclosures. This material has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained in this material is General Advice and does not take into account any person's individual investment objectives, financial situation or needs. Before making an investment decision based on this advice you should consider whether it is appropriate to your particular circumstances, alternatively seek professional advice. Where the General Advice relates to the acquisition or possible acquisition of a financial product, you should obtain a Product Disclosure Statement ("PDS") relating to the product and consider the PDS before making any decision about whether to acquire the product. You will find further details of the service Elston Group provide and any cost to you within the Financial Services Guide. Any references to past investment performance are not an indication of future investment returns. Prepared by EP Financial Service Pty Ltd ABN 52 130 772 495 AFSL 325 252 ("Elston"). Although every effort has been made to verify the accuracy of the information contained in this material, Elston, its officers, representatives, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this material or any loss or damage suffered by any person directly or indirectly through relying on this information. Other recent insights. 13 October 2026 8 September 2026 6 August 2026 VIEW MORE ARTICLES Join its mail list for the latest insights and updates from Elston. Elston Group - ACN 130 771 523 EP Financial Services Pty Ltd - ABN 52 130 772 495 / AFSL 325 252

Rothschild & Co appoints Pablo Hernandez Schmidt-Tophoff as Head of Energy Services & Decarbonization, North America. 12 Oct 2026 Also appointed Head of Rothschild & Co's Houston office. Rothschild & Co today announced that Pablo Hernandez Schmidt-Tophoff has joined its Global Advisory business as Managing Director, Head of Houston and Head of Energy Services & Decarbonization, North America. Mr. Hernandez Schmidt-Tophoff brings two decades of experience advising clients on strategic and financial advisory assignments across the energy, infrastructure and energy transition sectors. "We are delighted to welcome Pablo to Rothschild & Co," said Markus Pressdee, Global Co-Head of Infrastructure, Energy & Power. "His deep sector expertise, long-standing client relationships and extensive advisory experience make him an excellent fit for our franchise. Pablo will play a critical role in helping accelerate our growth across the energy and infrastructure sectors, working closely together with Doug Fordyce, our Head of Energy, North America, and other partners worldwide." Mr. Hernandez Schmidt-Tophoff joins Rothschild & Co from Lazard, where he spent more than 14 years in the firm's Power, Energy & Infrastructure Group, most recently as Managing Director and Head of Houston. Prior to joining Lazard, Pablo worked within UBS's Latin America group. "As we continue our strategic expansion of our North American business and deepen our presence in key sectors, Pablo will help further strengthen our advisory capabilities and commitment to providing trusted, independent advice to clients." said Lee LeBrun, Head of Global Advisory, North America. Commenting on his appointment, Mr. Hernandez Schmidt-Tophoff said: "I am excited to join Rothschild & Co at a time when the firm is growing significantly in North America, and expanding its footprint in Houston. I look forward to partnering with Markus, Doug and colleagues across the firm to help our clients navigate the evolving opportunities across energy, infrastructure and decarbonization." Pablo holds a B.B.A. in Finance and a B.A. in Economics from The University of Texas at Austin, and an MBA from the University of Virginia Darden School of Business. For further information: Global Advisory, Rothschild & Co. Prosek. About Rothschild & Co, Global Advisory. Rothschild & Co is a family-controlled and independent group and has been at the centre of the world's financial markets for over 200 years. With a team of c.4,600 talented financial services specialists on the ground in over 40 countries, Rothschild & Co's integrated global network of trusted professionals provide in-depth market intelligence and effective long-term solutions for its clients in Global Advisory, Wealth & Asset Management, and Five Arrows, its alternative assets arm. Global Advisory, a division of the Rothschild & Co group, designs and executes strategic M&A and financing solutions, providing impartial, expert advice to large and mid-sized corporations, private equity, families and entrepreneurs, and governments. Through its unrivalled network of 1,600 industry and financing specialists in 48 countries, Rothschild & Co's Global Advisory business combines the breadth of its advisory offering with a high volume of transactions to achieve a unique understanding and perspective into markets and participants worldwide