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P. Eric Siegert serves as one of our Co-Chairmen as well as a Senior Managing Director and Global Co-Head of our Financial Restructuring Group. He has served on our board of directors since September 2024. Since joining the firm more than 30 years ago, Mr. Siegert has worked on more than 100 restructuring transactions, including many of the world's largest and most complex. Mr. Siegert has testified in bankruptcy court as an expert on valuation and financial restructuring matters, and is a frequent speaker on financial restructuring topics. He formerly served on the board of directors of Alabama River Group prior to its sale to Georgia-Pacific Corp. as well as the board of directors of Wise Metals Group and Joy Global Inc. Mr. Siegert holds a B.A. in Economics from the University of California, Berkeley.

Scott J. Adelson has served as our Chief Executive Officer since June 2024 and has served on our board of directors since 2000. As our Chief Executive Officer, Mr. Adelson is responsible for strategic planning, client relations, business development, and the overall management of the firm. Mr. Adelson previously served as our Co-President, from 2013 to 2024. Mr. Adelson also previously served as the Global Co-Head of Corporate Finance. His practice embraced all aspects of corporate finance, including mergers and acquisitions, leveraged buyouts, and the issuance of debt and equity capital. He has served on the board of directors for various public and private companies. Mr. Adelson completed his undergraduate studies at the University of Southern California and earned his M.B.A. from the University of Chicago Booth School of Business.

J. Lindsey Alley has served as our Chief Financial Officer since December 2012. In his role as Chief Financial Officer, Mr. Alley oversees our accounting, tax, treasury, and financial reporting operations as well as acquisitions, investor relations, and real estate. Mr. Alley joined Houlihan Lokey in 1995 and, prior to being appointed to the Chief Financial Officer role, was an investment banker advising public and private clients, boards of directors, and special committees on sell-side and buy-side mergers and acquisitions. Mr. Alley earned a B.S. in Systems Engineering from the University of Virginia and graduated with highest distinction with an M.B.A. in Finance from the University of Michigan.

Scott L. Beiser serves as one of our Co-Chairmen and has served on our board of directors since 1991. His responsibilities include working with senior leadership on strategic initiatives, including acquisitions and organizational development, to position the firm for future growth. He previously served as our Chief Executive Officer from 2003 to June 2024. His responsibilities as CEO included overall management of Houlihan Lokey's global operations in conjunction with the other members of our senior management, identifying and developing new strategic opportunities, and pursuing and managing new and existing client relationships. Mr. Beiser previously led Houlihan Lokey's Infrastructure Services and Materials practice and has specialized expertise in investment banking services for engineering and construction businesses, including ownership and management transition programs, corporate acquisitions, divestitures, leveraged recapitalizations, and ESOP transactions. Mr. Beiser has served as a director of publicly-traded Palomar Holdings, Inc. since May 2026. Mr. Beiser earned both a B.S. and an M.S. in Finance from the College of Business and Economics at California State University, Northridge.

Paul A. Zuber has served on our board of directors since 2018. Since July 2023, Mr. Zuber has been an Operating Partner, North American Lead at HG Capital, a global equity firm focused on the software and technology-enabled services sectors. Prior to that, from 2011 to June 2023, Mr. Zuber was an Operating Partner, and a founder and head of the Technology Group, at Thoma Bravo. Prior to that, Mr. Zuber was the founding Chief Executive Officer of Dilithium Networks, a global provider of mobile video infrastructure solutions, until it was acquired by OnMobile. Mr. Zuber was previously the Chief Executive Officer and co-founder of Bluegum Group, an electronics manufacturing services provider serving the Asia Pacific region, which was acquired in 2002 by Solectron. Prior to founding Bluegum Group, Mr. Zuber held senior management positions at Ready Systems, a leader in software development environments for microprocessor-based embedded systems. Mr. Zuber began his career as a management consultant with Bain & Company, where he was a founding member of the team that became the private equity group Bain Capital. Mr. Zuber previously served as a director of publicly-traded MeridianLink and of publicly-traded Dynatrace, as well as a number of private companies, and currently serves as a director of Optro and Caseware International Inc. Mr. Zuber is a Phi Beta Kappa graduate of Stanford University, where he earned B.A. degrees with honors in both International Relations and Economics. Mr. Zuber also holds an M.B.A. from Stanford University Graduate School of Business.

Ekpedeme Pamay M. Bassey has served on our board of directors since 2020. Ms. Bassey advises organizations at the intersection of learning, leadership, and technology on accelerating transformation and scaling impact. Until 2025, Ms. Bassey served as Chief Learning and Culture Officer for the Kraft Heinz Company, where she led the company's global learning and development strategy and initiatives for 38,000+ employees and championed the power of culture as a competitive advantage. Prior to joining Kraft Heinz in December 2018, Ms. Bassey held senior positions at BlackRock, Accenture, Curious Networks, and The Pamay Group, a learning strategy and implementation company she founded. Ms. Bassey serves on the GSV Ventures Workforce Insights Board and is a Venture Partner for Emerge Venture Partners. She is a life member of the Council on Foreign Relations. Ms. Bassey earned a B.S. in Symbolic Systems from Stanford University, with an Artificial Intelligence concentration, and an M.S. in Computer Science from Northwestern University.

R. Scott Mund has served on our board of directors since October 2025. From May 2002 until his retirement in May 2026, Mr. Mund was a partner with Deloitte LLP, where he served as a trusted advisor to public and privately held multinational companies across a wide range of industries, advising senior management, corporate boards, and external stakeholders on matters involving M&A, cross-border taxation, and innovative business transformation. Mr. Mund served two terms on Deloitte's US Board of Directors, where his committee service included the Finance/Audit, Global, Strategic Investment, and the Partner Earnings and Benefit (Talent) Committees, partnering with executive leadership to set firm strategy and provide governance oversight across long term planning, financial management, global operations, and investment strategy. In addition, Mr. Mund held a number of leadership roles during his tenure at Deloitte, including Global Chief Strategy Officer - Tax, Global International Tax Leader, and Los Angeles Managing Partner - Tax. Prior to joining Deloitte, Mr. Mund spent 15 years, from January 1987 to May 2002, at Arthur Andersen LLP, where he was promoted to partner. He earned his bachelor's degree in Psychology from the University of California, Los Angeles and is a certified public accountant.

On September 16, 2026, the Board appointed Prabha Sipi Bhandari as Chief Legal Officer and Secretary of the Company. Ms. Bhandari joins Houlihan Lokey from Paychex, where she served as Chief Legal Officer, Chief Ethics Officer, and Secretary. In that role, she was a member of the Executive Committee and advised the company and its board of directors on a wide range of legal and strategic matters. Prior to Paychex, Ms. Bhandari held senior legal positions at American International Group (AIG), Freddie Mac, and Viacom. She also spent 13 years at Deutsche Bank, serving as Managing Director, General Counsel for Deutsche Bank Securities Inc., and Global Head of Mergers & Acquisitions- Legal. Earlier in her career, she was a Corporate Associate at Davis Polk & Wardwell. She began her legal career as a Law Clerk for the Honorable John M. Duhe Jr. of the Fifth Circuit U.S. Court of Appeals. Ms. Bhandari earned her B.S. from Cornell University and J.D. from the New York University School of Law, where she served as an editor on the NYU Law Review. She is a member of the board of trustees of the Brooklyn Children's Museum and the Private Sector Steering Committee of the South Asian Bar Association of New York.

Irwin N. Gold serves as one of our Co-Chairmen and, since 2013, has served as the Chairman of our board of directors. He has served on our board of directors since 1994. Mr. Gold is one of Houlihan Lokey's senior executives responsible for strategic planning, client relations and business development. Mr. Gold co-founded the Company's industry-leading Financial Restructuring practice and was the Global Co-Head of Financial Restructuring from 1988 until 2012. In that role, Mr. Gold led many of the Company's largest and most complex Financial Restructuring engagements, both in bankruptcy and out-of-court situations. From February 2021 to December 2022, Mr. Gold served on the board of directors of Advanced Merger Partners, Inc. Mr. Gold has previously served on the boards of directors of Cole National Group, Inc., Advantica Restaurant Group, Inc. and The Bibb Company. Mr. Gold earned a B.A. in Economics, summa cum laude and Phi Beta Kappa, from Duke University and a J.D. from the University of Virginia Law School.