X0306 4 2020-03-20 0 0001046102 RITCHIE BROS AUCTIONEERS INC RBA 0001242860 JETER JAMES J C/O RITCHIE BROS. AUCTIONEERS INC. 9500 GLENLYON PARKWAY BURNABY A1 V5J 0C6 BRITISH COLUMBIA, CANADA 0 1 0 0 President, Sales U.S. Common Shares 2020-03-20 4 M 0 9802 A 9802 D Common Shares 2020-03-20 4 M 0 574 A 10376 D Common Shares 2020-03-20 4 F 0 3087 42.16 D 7289 D Common Shares 1516 I Employee Stock Purchase Plan Performance Share Units (2017 PSUs) 2020-03-20 4 M 0 9802 0.00 D Common Shares 9802 9802 D Dividend Equivalent Rights (2017 PSUs) 2020-03-20 4 M 0 574 0.00 D Common Shares 574 574 D Represents pre-tax amount of award. Share issuance will be made net of tax withholding ("TW"). 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 2, 2020, 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 applicable tax, as soon as practicable. Tax Withholding on the 2017 PSUs and DERs that vested on March 2, 2020. Includes all Employee Stock Purchase Plan purchases through March 24, 2020. /s/ Maria Teresa Punsalan as attorney-in-fact for James J. Jeter. 2020-03-24