X0206 3/A 2018-04-30 2018-05-10 0 0001046102 RITCHIE BROS AUCTIONEERS INC RBA 0001661707 Holm Kieran Colquhoun C/O RITCHIE BROS. AUCTIONEERS INC. 9500 GLENLYON PARKWAY BURNABY A1 V5J 0C6 BRITISH COLUMBIA, CANADA 0 1 0 0 SVP, Ops Excl & Efficiencies Common Shares 1724 I Long-Term Investment Plan Common Shares 4026 I Employee Stock Purchase Plan Common Shares 2678 D Employee Stock Option (Right to Buy) 21.82 2010-03-11 2020-03-11 Common Shares 8600 D Employee Stock Option (Right to Buy) 25.91 2011-03-03 2021-03-03 Common Shares 6200 D Employee Stock Option (Right to Buy) 23.44 2012-03-06 2022-03-06 Common Shares 4700 D Employee Stock Option (Right to Buy) 21.34 2013-03-05 2023-03-05 Common Shares 7100 D Employee Stock Option (Right to Buy) 22.46 2014-03-11 2024-03-11 Common Shares 5172 D Employee Stock Option (Right to Buy) 24.84 2015-03-10 2025-03-10 Common Shares 10049 D Employee Stock Option (Right to Buy) 24.07 2016-03-02 2026-03-02 Common Shares 14225 D Employee Stock Option (Right to Buy) 32.16 2017-03-02 2027-03-02 Common Shares 12861 D Employee Stock Option (Right to Buy) 32.16 2018-03-01 2028-03-01 Common Shares 13654 D Restricted Share Units (RSUs) - 2018 Common Shares 2204 D Performance Share Units (PSUs) - 2016 Common Shares 1423 D Dividend Equivalent Rights (2016 PSU) Common Shares 61 D Date of grant is reflected above. The options were subject to a vesting schedule at the time of grant but are fully vested as of the date of this Form 3 report. Date of expiration is reflected above; 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 day (as defined in such Plan) after the last day of a black out period applicable to the person, the expiry date for the option will be the last day of such five business day period. Date of grant is reflected above. The options vest as follows: 1/3 on the 1st anniversary of the date of grant; 1/3 on the 2nd anniversary of the date of grant; and 1/3 on the 3rd anniversary of the date of grant. The RSUs vest on 2/28/2021. The common shares underlying vested RSUs or the cash value equivalent thereof (determined in accordance with the Amended and Restated Senior Executive Restricted 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 RSUs vest. Each RSU represents a contingent right to receive the economic equivalent of one RBA common share. The PSUs vest on 3/01/2019. The common 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 in the reporting person, net of tax, as soon as practicable following the nd of the month in which the PSUs vest. This holding is being amended to reflect a correction in the calculation of shares granted as of May 10, 2018 reporting date. Each PSU represents a contingent right to receive the economic equivalent of one RBA common share. Each Dividend Equivalent Right (DER) represents a contingent right to receive the economic equivalent of one RBA common share. The DER accrued in respect of one grant of performance share unit, and become exercisable proportionately with the performance share units to which they relate. /s/ Maria Teresa Punsalan as attorney-in-fact for Kieran Colquhoun Holm 2018-06-21