Ryan Specialty, LLC Launches Private Offering of $500 Million Senior Secured Notes Page 1

Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading global specialty insurance company, today announced that Ryan Specialty, LLC (the “Company”), an indirect subsidiary of Ryan Specialty, intends to offer up to $500 million aggregate principal amount of senior secured notes due 2032 in a private offering.

The notes are jointly and severally unconditionally guaranteed on a senior secured basis by each of the Company’s existing and future wholly owned subsidiaries that guarantee its obligations under its credit agreements. The notes are not guaranteed by Ryan Specialty. Subject to certain exceptions, the notes are collateralized on a first-lien basis by substantially all of the assets securing the Company’s existing notes and its senior secured term loan and senior secured revolving credit facility (the “Revolving Credit Facility”). The Company intends to use the net proceeds from this offering to repay a portion of the borrowings under the Revolving Credit Facility that, together with cash on hand, were used to finance the acquisition of U.S. Assure Insurance Services of Florida, Inc., and to pay fees and expenses related to this offering.