X0306 4 2023-02-15 0 0001046102 RITCHIE BROS AUCTIONEERS INC RBA 0001570885 Fandozzi Ann 9500 GLENLYON PARKWAY BURNABY A1 V5J 0C6 BRITISH COLUMBIA, CANADA 1 1 0 0 CEO Performance Share Units (2020 PSUs) 2023-02-15 4 A 0 146175 0.00 A Common Shares 146175 146175 D Dividend Equivalent Rights (2020 PSUs) 2023-02-15 4 A 0 6612 0.00 A Common Shares 6612 6612 D Each PSU represents a contingent right to receive one RBA common share or the economic equivalent thereof. The RBA Compensation Committee determined that the PSUs, previously granted to the reporting person, are eligible for vesting because certain performance criteria were satisfied. The PSUs vest on 3/4/2023.The commons shares underlying vested PSUs or the cash value thereof (as determined by the Committee in accordance with the RBA Senior Executive Performance Share Unit Plan) will be paid to the reporting person, net of tax, as soon as practicable following the end of the month in which the PSUs vest. Each dividend equivalent right represents a contingent right to receive one RBA common share or the economic equivalent thereof. DERs accrued in respect of the 2020 PSUs vest and become exercisable concurrently with the PSUs to which they relate. /s/ Maria Teresa Punsalan as attorney-in-fact for Ann Fandozzi. 2023-02-16