X0306 4 2019-03-01 0 0001046102 RITCHIE BROS AUCTIONEERS INC RBA 0001307991 Saligram Ravichandra Krishnamurty C/O RITCHIE BROS. AUCTIONEERS INC. 9500 GLENLYON PARKWAY BURNABY A1 V5J 0C6 BRITISH COLUMBIA, CANADA 1 1 0 0 CEO Common Shares 2019-03-01 4 M 0 49913 A 132923 D Common Shares 2019-03-01 4 M 0 3326 A 136249 D Performance Share Units (2016 PSUs) 2019-03-01 4 M 0 20213 0.00 D Common Shares 20213 0 D Dividend Equivalent Rights (2016 PSUs) 2019-03-01 4 M 0 1580 0.00 D Common Shares 1580 0 D Represents pre-tax amount of award. Share issuance will be made net of tax withholding ("TW"). TW will be reported on separately within 2 business days of the TW determination date. Each PSU and DER represented a contingent right to receive one RBA common share or the economic equivalent thereof. The PSUs and DERs vested on March 1, 2019, the same date on which the Compensation Committee determined that certain of such PSUs and DERs were eligible for vesting because certain performance criteria were satisfied. As determined by the Compensation Committee, the PSUs and DERs will be settled in common shares issued to the reporting person, net of applicable tax, as soon as practicable. /s/ Maria Teresa Punsalan as attorney-in-fact for Ravichandra K. Saligram 2019-03-05