X0202 SCHEDULE 13G 0001556785 XXXXXXXX LIVE Common Stock 03/31/2026 0001849253 RYAN SPECIALTY HOLDINGS, INC. 78351F107 155 NORTH WACKER DRIVE, SUITE 4000 Chicago IL 60606 Rule 13d-1(b) Vulcan Value Partners, LLC DE 4317624.00 0.00 6595335.00 0.00 6595335.00 N 5.12 IA This statement is being filed by Vulcan Value Partners, LLC as a registered investment adviser. All of the securities covered by this report are owned legally by Vulcan Value Partners, LLC's investment advisory clients and none are owned directly or indirectly by Vulcan Value Partners, LLC. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that Vulcan Value Partners, LLC is the beneficial owner of any of the securities covered by this statement. Mr. C.T. Fitzpatrick AL 0.00 0.00 0.00 0.00 0.00 Y 0 HC This statement is also being filed by Mr. C. T. Fitzpatrick, Chief Investment Officer/Principal of Vulcan Value Partners, LLC in the event that he could be deemed to be a controlling person of that firm as the result of his official positions with or ownership of its voting securities. The existence of such control is expressly disclaimed. Mr. Fitzpatrick and/or members of his immediate family own 271,744 shares of the securities covered by this statement for his or their own accounts, in a managed account over which Vulcan Value Partners, LLC serves as the investment adviser. Vulcan Value Partners, LLC exercises voting and dispositive power over such account. Mr. Fitzpatrick and/or members of his immediate family may also hold shares of the registered investment companies to which Vulcan Value Partners, LLC serves as investment adviser, which may hold shares of the securities covered by this statement. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that Mr. Fitzpatrick is the beneficial owner of any of the securities covered by this statement. RYAN SPECIALTY HOLDINGS, INC. 155 N Wacker Dr, Suite 400, Chicago, IL 60606 Vulcan Value Partners, LLC Mr. C.T. Fitzpatrick Three Protective Center 2801 Highway 280 South, Suite 300 Birmingham, AL 35223 Vulcan Value Partners LLC - a Delaware limited liability company Mr. C.T. Fitzpatrick - U.S. Citizen N IA HC 6,595,335 shares 5.12% 4,317,624 0 6,595,335 0 Y N Various persons, including the investment companies and owners of the separate accounts to which Vulcan Value Partners, LLC ("Vulcan") serves as investment adviser, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that are the subject of this schedule. Except as may be otherwise indicated if this is a joint filing, not more than 5% of the class of securities that is the subject of this schedule is owned by any one client advised by Vulcan. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Vulcan Value Partners, LLC Anne Jones 05/13/2026 Mr. C.T. Fitzpatrick Anne Jones 05/13/2026 In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, the persons or entities named above agree to the joint filing on behalf of each of them of this Schedule 13G with respect to the Securities of the Issuer and further agree that this joint filing agreement be included as an exhibit to this Schedule 13G. In evidence thereof, the undersigned hereby execute this Agreement as of May 13, 2026.