{"url_path":"/sec/hlne/10-k/2026/item-16","section_key":"item-16","section_title":"Item 16 Form 10-K Summary","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/1433642/0001433642-26-000019-index.html","accession_number":"0001433642-26-000019","cik":"0001433642","ticker":"HLNE","issuer_name":"Hamilton Lane INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1433642/0001433642-26-000019-index.html","primary_entity_key":"0001433642","primary_entity_name":"Hamilton Lane INC"},"word_count":1557,"has_tables":true,"body_markdown":"Item 16. Form 10-K Summary\n\nOmitted at the Company’s option.\n\n162\n\nExhibit Index                                                        \n\nIncorporated By ReferenceFiled Herewith\n\nExhibit No.Description of ExhibitFormExhibitFiling Date\n\n[3.1](https://www.sec.gov/Archives/edgar/data/1433642/000143364223000086/ex31-amendedandrestatedcer.htm)\n\n[Amended and Restated Certificate of Incorporation of Hamilton Lane Incorporated](https://www.sec.gov/Archives/edgar/data/1433642/000143364223000086/ex31-amendedandrestatedcer.htm)\n\n8-K\n3.1\n9/12/23\n\n[3.2](https://www.sec.gov/Archives/edgar/data/1433642/000143364223000086/ex32-amendedandrestatedbyl.htm)\n\n[Amended and Restated Bylaws of Hamilton Lane Incorporated](https://www.sec.gov/Archives/edgar/data/1433642/000143364223000086/ex32-amendedandrestatedbyl.htm)\n8-K3.29/12/23\n\n[4.1](https://www.sec.gov/Archives/edgar/data/1433642/000143364219000071/exhibit4110k2019.htm)\n\n[Description of Common Stock of Hamilton Lane Incorporated](https://www.sec.gov/Archives/edgar/data/1433642/000143364219000071/exhibit4110k2019.htm)\n10-K4.15/30/19 \n\n[4.2](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex101-hamiltonlanexnotepur.htm)\n\n[Form of 5.28% senior notes due October 15, 2029 (included in Exhibit 10.4](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex101-hamiltonlanexnotepur.htm)[2](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex101-hamiltonlanexnotepur.htm)[)](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex101-hamiltonlanexnotepur.htm)\n8-K4.110/11/24\n\n[4.3](https://www.sec.gov/Archives/edgar/data/1433642/000143364225000117/ex41-hlnewarrant.htm)\n\n[Form of Warrant](https://www.sec.gov/Archives/edgar/data/1433642/000143364225000117/ex41-hlnewarrant.htm)\n10-Q4.111/4/25\n\n[10.1](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit101.htm)\n\n[Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of March 6, 2017, by and among Hamilton Lane Advisors, L.L.C. and its members](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit101.htm)\n\n8-K\n10.1\n3/10/17\n\n[10.2](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000011/hlnes-1ex1022018.htm)\n\n[Amendment No. 1 to the Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of February 26, 2018, by and among Hamilton Lane Advisors, L.L.C. and its members](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000011/hlnes-1ex1022018.htm)\n\nS-1\n10.2\n2/26/18\n\n[10.3](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000038/exhibit10310k2018.htm)\n\n[Amendment No. 2 to the Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of June 13, 2018, by and among Hamilton Lane Advisors, L.L.C. and its members](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000038/exhibit10310k2018.htm)\n\n10-K\n10.3\n6/14/18\n\n[10.4](https://www.sec.gov/Archives/edgar/data/1433642/000143364223000051/amendmentno3tohlallcagreem.htm)\n\n[Amendment No. 3 to the Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of May 24, 2023, by and among Hamilton Lane Advisors, L.L.C. and its members](https://www.sec.gov/Archives/edgar/data/1433642/000143364223000051/amendmentno3tohlallcagreem.htm)\n10-K10.45/25/23\n\n[10.5](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit102.htm)\n\n[Tax Receivable Agreement, dated as of March 6, 2017, by and among Hamilton Lane Incorporated, Hamilton Lane Advisors, L.L.C., and each of the other persons and entities party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit102.htm)\n\n8-K\n10.2\n3/10/17\n\n[10.6](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000005/amendmentno1tothetaxreceiv.htm)\n\n[Amendment No. 1 to Tax Receivable Agreement, dated December 31, 2020, by and among Hamilton Lane Incorporated, Hamilton Lane Advisors, L.L.C. and each of the other persons and entities party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000005/amendmentno1tothetaxreceiv.htm)\n10-Q10.12/2/21\n\n[10.7](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit103.htm)\n\n[Exchange Agreement, dated as of March 6, 2017, by and among Hamilton Lane Incorporated, Hamilton Lane Advisors, L.L.C., and each of the other persons and entities party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit103.htm)\n\n8-K\n10.3\n3/10/17\n\n163\n\nIncorporated By ReferenceFiled Herewith\n\nExhibit No.Description of ExhibitFormExhibitFiling Date\n\n[10.8](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000004/exhibit10312311710q.htm)\n\n[Amendment No. 1 to the Exchange Agreement, dated as of February 6, 2018, by and among Hamilton Lane Incorporated, Hamilton Lane Advisors, L.L.C., and each of the other persons and entities party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000004/exhibit10312311710q.htm)\n\n10-Q\n10.3\n2/9/18\n\n[10.9](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit104.htm)\n\n[Registration Rights Agreement, dated as of March 6, 2017, by and among Hamilton Lane Incorporated and the other persons party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit104.htm)\n\n8-K\n10.4\n3/10/17\n\n[10.10](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit105.htm)\n\n[Stockholders Agreement, dated as of March 6, 2017, by and among Hamilton Lane Incorporated, Hamilton Lane Advisors, L.L.C. and the other persons and entities party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000035/hlexhibit105.htm)\n\n8-K\n10.5\n3/10/17\n\n[10.11](https://www.sec.gov/ix?doc=/Archives/edgar/data/1433642/000143364224000075/hlne-20240725.htm)†\n\n[Amended and Restated Hamilton Lane Incorporated 2017 Equity Incentive Plan](https://www.sec.gov/ix?doc=/Archives/edgar/data/1433642/000143364224000075/hlne-20240725.htm)\nDEF 14AAppendix B7/25/24\n\n[10.12](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000020/hlexhibit107.htm)†\n\n[Form of Restricted Stock Award Agreement under the 2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000020/hlexhibit107.htm)\nS-1/A10.72/16/17\n\n[10.13](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000089/ex102-hlnexrestrictedstock.htm)†\n\n[Form of Restricted Stock Award Agreement under the Amended and Restated 2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000089/ex102-hlnexrestrictedstock.htm)\n8-K10.29/5/24\n\n[10.14](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000004/exhibit10112311710q.htm)†\n\n[Form of Director Restricted Stock Award Agreement under the](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000004/exhibit10112311710q.htm)[2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000004/exhibit10112311710q.htm)\n10-Q10.12/9/18\n\n[10.15](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000089/ex103-hlnexrestrictedstock.htm)†\n\n[Form of Director Restricted Stock Award Agreement under the Amended and Restated 2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000089/ex103-hlnexrestrictedstock.htm)\n8-K10.39/5/24\n\n[10.16](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000020/hlexhibit108.htm)†\n\n[Form of Non-Qualified Stock Option Agreement under the 2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000020/hlexhibit108.htm)\n\nS-1/A\n10.8\n2/16/17\n\n[10.17](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000038/hamiltonlane2017equityince.htm)†\n\n[Form of Performance Stock Award Agreement under the Hamilton Lane Incorporated 2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000038/hamiltonlane2017equityince.htm)\n8-K10.39/22/22\n\n[10.18](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000089/ex104-hlnexperformancebase.htm)†\n\n[Form of Performance Stock Award Agreement under the Amended and Restated 2017 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000089/ex104-hlnexperformancebase.htm)\n8-K10.49/5/24\n\n[10.19](https://www.sec.gov/Archives/edgar/data/1433642/000143364225000117/performancebasedstockaward.htm)†\n\n[Form of Performance Stock Award Agreement under the Amended and Restated 2017 Equity Incentive (CAGR TSR)](https://www.sec.gov/Archives/edgar/data/1433642/000143364225000117/performancebasedstockaward.htm)\n10-Q10.211/4/25\n\n[10.20](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000048/exhibit1026301810q.htm)†\n\n[Hamilton Lane Advisors, L.L.C. 2016 Carried Interest Plan (amended and restated, effective as of January 1, 2018)](https://www.sec.gov/Archives/edgar/data/1433642/000143364218000048/exhibit1026301810q.htm)\n\n10-Q\n10.2\n8/9/18\n\n[10.21](https://www.sec.gov/Archives/edgar/data/1433642/000143364226000007/ex102-hlnexamendedrestated.htm)†\n\n[Amended and Restated Hamilton Lane Incorporated Employee Share Purchase Plan](https://www.sec.gov/Archives/edgar/data/1433642/000143364226000007/ex102-hlnexamendedrestated.htm)\n10-Q10.22/3/26\n\n[10.22](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000020/hlexhibit109.htm)†\n\n[Form of Indemnification Agreement between Hamilton Lane Incorporated and certain of its directors and officers](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000020/hlexhibit109.htm)\n\nS-1/A\n10.9\n2/16/17\n\n164\n\nIncorporated By ReferenceFiled Herewith\n\nExhibit No.Description of ExhibitFormExhibitFiling Date\n\n[10.23](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000085/exhibit101termloanandsecur.htm)○\n\n[Term Loan and Security Agreement, dated August 23, 2017, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000085/exhibit101termloanandsecur.htm)\n\n10-Q\n10.1\n8/6/24\n\n[10.24](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000033/exhibit102-frbloan.htm)\n\n[First Amendment to Term Loan and Security Agreement, dated March 24, 2020, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000033/exhibit102-frbloan.htm)\n8-K10.23/25/20\n\n[10.25](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000134/exhibit101secondamendm.htm)\n\n[Second Amendment to Term Loan and Security Agreement, dated September 30, 2020, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000134/exhibit101secondamendm.htm)\n10-Q10.111/4/20\n\n[10.26](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000070/frb-hamiltonlanextermloana.htm)\n\n[Third Amendment to Term Loan and Security Agreement, dated April 22, 2021, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000070/frb-hamiltonlanextermloana.htm)\n8-K10.14/27/21\n\n[10.27](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-xform8xkhlafi.htm)○\n\n[Fourth Amendment to Term Loan and Security Agreement, dated October 20, 2022, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-xform8xkhlafi.htm)\n8-K10.310/26/22\n\n[10.28](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex105-fifthamendmenttoterm.htm)○\n\n[Fifth Amendment to Term Loan and Security Agreement, dated October 7, 2024, between JPMorgan Chase Bank, N.A. and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex105-fifthamendmenttoterm.htm)\n8-K10.510/11/24\n\n[10.29](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000085/exhibit102revolvingloanand.htm)○\n\n[Revolving Loan and Security Agreement, dated August 23, 2017, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000085/exhibit102revolvingloanand.htm)\n\n10-Q\n10.2\n8/6/24\n\n[10.30](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000033/exhibit103-frbloan.htm)\n\n[First Amendment to Revolving Loan and Security Agreement, dated March 24, 2020, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000033/exhibit103-frbloan.htm)\n8-K10.33/25/20\n\n[10.31](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000134/exhibit1022ndamendment.htm)\n\n[Second Amendment to Revolving Loan and Security Agreement, dated September 30, 2020, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000134/exhibit1022ndamendment.htm)\n10-Q10.211/4/20\n\n[10.32](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-form8xkhlafinb.htm)○\n\n[Third Amendment to Revolving Loan and Security Agreement, dated October 20, 2022, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-form8xkhlafinb.htm)\n8-K10.210/26/22\n\n[10.33](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex104-fourthamendmenttorev.htm)○\n\n[Fourth Amendment to Revolving Loan and Security Agreement, dated October 7, 2024, between JPMorgan Chase Bank, N.A. and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex104-fourthamendmenttorev.htm)\n8-K10.410/11/24\n\n[10.34](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000033/exhibit101-frbloan.htm)○\n\n[Multi-Draw Term Loan and Security Agreement, dated March 24, 2020, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000033/exhibit101-frbloan.htm)\n8-K10.13/25/20\n\n165\n\nIncorporated By ReferenceFiled Herewith\n\nExhibit No.Description of ExhibitFormExhibitFiling Date\n\n[10.35](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000134/exhibit103firstamendme.htm)\n\n[First Amendment to Multi-Draw Term Loan and Security Agreement, dated September 30, 2020, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364220000134/exhibit103firstamendme.htm)\n10-Q10.311/4/20\n\n[10.36](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000070/frb-hamiltonlanexmultixdra.htm)\n\n[Second Amendment to Multi-Draw Term Loan and Security Agreement, dated April 22, 2021, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000070/frb-hamiltonlanexmultixdra.htm)\n8-K10.24/27/21\n\n[10.37](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-form8xkhlafina.htm)\n\n[Third Amendment to Multi-Draw Term Loan and Security Agreement, dated October 20, 2022, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-form8xkhlafina.htm)\n8-K10.410/26/22\n\n[10.38](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex103-fourthamendmenttomul.htm)○\n\n[Fourth Amendment to Multi-Draw Term Loan and Security Agreement, dated October 7, 2024, between JPMorgan Chase Bank, N.A. and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex103-fourthamendmenttomul.htm)\n8-K10.310/11/24\n\n[10.39](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-form8xkhlafin.htm)○\n\n[Multi-Draw Term Loan and Security Agreement, dated October 20, 2022, by and between First Republic Bank and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364222000055/hamiltonlane-form8xkhlafin.htm)\n8-K10.110/26/22\n\n[10.40](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex102-firstamendmenttomult.htm)○\n\n[First Amendment to Multi-Draw Term Loan and Security Agreement, dated October 7, 2024, between JPMorgan Chase Bank, N.A. and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex102-firstamendmenttomult.htm)\n8-K10.210/11/24\n\n[10.41](https://www.sec.gov/Archives/edgar/data/1433642/000143364225000110/ex101-jpmxhamiltonlanexmul.htm)○\n\n[Multi-Draw Term Loan and Security Agreement, dated October 20, 2022, between JPMorgan Chase Bank, N.A. and Hamilton Lane Advisors, L.L.C. (conformed through Second Amendment)](https://www.sec.gov/Archives/edgar/data/1433642/000143364225000110/ex101-jpmxhamiltonlanexmul.htm)\n8-K10.110/6/25\n\n[10.42](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex101-hamiltonlanexnotepur.htm)○\n\n[Note Purchase Agreement, dated October 8, 2024, among Hamilton Lane Advisors, L.L.C. and the purchasers party thereto](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000110/ex101-hamiltonlanexnotepur.htm)\n8-K10.110/11/24\n\n[10.43](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000095/exhibit101210k2017.htm)†\n\n[Employment Agreement, effective as of May 23, 2016, by and between Hamilton Lane (Hong Kong) Limited and Juan Delgado-Moreira](https://www.sec.gov/Archives/edgar/data/1433642/000143364217000095/exhibit101210k2017.htm)\n\n10-K\n10.12\n6/27/17\n\n[10.44](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000077/exhibit103110k2021.htm)○\n\n[Investment Agreement, dated March 29, 2021, by and between Russell Investments Group, Ltd. and Hamilton Lane Advisors, L.L.C.](https://www.sec.gov/Archives/edgar/data/1433642/000143364221000077/exhibit103110k2021.htm)\n10-K10.315/27/21\n\n[19.1](ex191-hlnexinsidertradingp.htm)\n\n[Hamilton Lane Incorporated Insider Trading Policies and Procedures](ex191-hlnexinsidertradingp.htm)\n\nX\n\n[21.1](ex211-subsidiariesofhamilt.htm)\n\n[List of Subsidiaries](ex211-subsidiariesofhamilt.htm)\n\nX\n\n[23.1](exhibit231-hamiltonlaneaud.htm)\n\n[Consent of Independent Registered Public Accounting Firm](exhibit231-hamiltonlaneaud.htm)\n\nX\n\n[31.1](exhibit311331202610k.htm)\n\n[Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](exhibit311331202610k.htm)\n\nX\n\n166\n\nIncorporated By ReferenceFiled Herewith\n\nExhibit No.Description of ExhibitFormExhibitFiling Date\n\n[31.2](exhibit312331202610k.htm)\n\n[Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](exhibit312331202610k.htm)\n\nX\n\n[31.3](exhibit313331202610k.htm)\n\n[Certification of the Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](exhibit313331202610k.htm)\n\nX\n\n[32](exhibit32331202610k.htm)‡\n\n[Certifications of Principal Executive Officers and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002](exhibit32331202610k.htm)\n\n[97.1](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000064/exhibit971-hlnecompensatio.htm)\n\n[Hamilton Lane Incorporated Compensation Recovery Policy](https://www.sec.gov/Archives/edgar/data/1433642/000143364224000064/exhibit971-hlnecompensatio.htm)\n10-K97.15/23/24\n\n101.INSInline XBRL Instance DocumentX\n\n101.SCHInline XBRL Taxonomy Extension Schema DocumentX\n\n101.CALInline XBRL Taxonomy Extension Calculation Linkbase DocumentX\n\n101.DEFInline XBRL Taxonomy Extension Definition Linkbase DocumentX\n\n101.LABInline XBRL Taxonomy Extension Label Linkbase DocumentX\n\n101.PREInline XBRL Taxonomy Extension Presentation Linkbase Document.X\n\n104Cover Page Interactive Data File (embedded within the Inline XBRL document)X\n\n† Indicates a management contract or compensatory plan or arrangement.\n\n○ Confidential information in this exhibit has been omitted.\n\n‡ Furnished herewith.\n\n167\n\nSIGNATURES\n\nPursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on this 21st day of May, 2026.\n\nHAMILTON LANE INCORPORATED\n\nBy:/s/ Erik R. Hirsch\n\nName: Erik R. Hirsch\n\nTitle: Co-Chief Executive Officer\n\nPursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on this 21st day of May, 2026.\n\nSignatureTitle\n\n/s/ Hartley R. RogersExecutive Co-Chairman and Chairman of the Board of Directors\n\nHartley R. Rogers\n\n/s/ Erik R. HirschCo-Chief Executive Officer and Director (Co-Principal Executive Officer)\n\nErik R. Hirsch\n\n/s/ Juan Delgado-MoreiraCo-Chief Executive Officer and Director (Co-Principal Executive Officer)\n\nJuan Delgado-Moreira\n\n/s/ Jeffrey ArmbristerChief Financial Officer and Treasurer (Principal Financial Officer)\n\nJeffrey Armbrister\n\n/s/ Drew T. CarlChief Accounting Officer (Principal Accounting Officer)\n\nDrew T. Carl\n\n/s/ David J. BerkmanDirector\n\nDavid J. Berkman\n\n/s/ R. Vann GravesDirector\n\nR. Vann Graves\n\n/s/ O. Griffith SextonDirector\n\nO. Griffith Sexton\n\n/s/ Leslie F. VaronDirector\n\nLeslie F. Varon"}