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Press release

Marsh McLennan to Exit Russia Businesses

New York | March 10, 2022 

Today, Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, announced it will exit all of its businesses in Russia.

Dan Glaser, President and CEO, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine.  Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action.  We intend to transfer ownership of our Russian businesses to local management who will operate independently in the Russian market.  This is not a decision that we have taken lightly, and we join all those calling for a swift and peaceful resolution to this deadly conflict.”

About Marsh

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Media contacts

Sally Roberts

US & Canada Media Relations Leader, Marsh & Guy Carpenter

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