Simple numbered and bullet lists are converted.
Also, list item sub-content (paragraphs, images, tables, etc.) can be specified by ident it to the particular list item level.
See the sample.
Numbering style
It can be fully copied, copied numbering iteration style only, or copied as list items with WordPress’s numeration style. The option ‘Use numbering styles’ has 3 variants:
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Enabled with full styles
Full iteration styles will be used.
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Enabled with iterations only styles
Standard list items with relevant iteration types will be used.
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Disabled
Standard list items will be used. Use this option if the theme itself makes its own list design.