Ryan Specialty Quarterly report pursuant to Section 13 or 15(d)

Restructuring (Tables)

3 Months Ended

Mar. 31, 2023

The table below presents the restructuring expense incurred in the period:


	Three Months Ended
	March 31, 2023
Operations and technology optimization	$	1,434
Compensation and benefits		659
Asset impairment and other termination costs		586
Total	$	2,679

The table below presents a summary of changes in the restructuring liability:


	Operations and Technology Optimization			Compensation and Benefits			Asset Impairment and Other Termination Costs			Total
Balance at January 1, 2023	$	—		$	—		$	—		$	—
Accrued costs		1,434			659			586			2,679
Payments		(10	)		(75	)		—			(85	)
Non-cash adjustments		—			—			(437	)		(437	)
Balance at March 31, 2023	$	1,424		$	584		$	149		$	2,157