X0306 4 2019-03-07 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 Employee Stock Option (Right to Buy) 33.79 2019-03-07 4 A 0 220001 0.00 A Common Shares 220001 220001 D The option was granted on March 7, 2019 and vests in three equal annual installments beginning March 7, 2020. The option expires on March 7, 2029; provided, however, that if such date occurs during a black out period (as defined in the RBA Amended and Restated Stock Option Plan) applicable to the reporting person or within five business days (as defined in such Plan) after the last day of a black out period applicable to the reporting person, the expiry date for the option will be the last day of such five business day period. /s/ Maria Teresa Punsalan attorney-in-fact for Ravichandra K. Saligram 2019-03-08