Mr. Sameer Rathod reports

RB GLOBAL RECEIVES TSX APPROVAL FOR PREVIOUSLY ANNOUNCED $500 MILLION SHARE REPURCHASE PROGRAM

RB Global Inc. has obtained the approval of the Toronto Stock Exchange to commence a normal course issuer bid (NCIB).

NCIB details

The NCIB will commence on March 18, 2026, and will terminate on March 17, 2027, or on such earlier date as the company may complete its purchases thereunder or as it may otherwise determine. Under the NCIB, the company may purchase up to the lesser of 10 million common shares (such amount representing approximately 7 per cent of the total public float of the company as of March 6, 2026) and that number of common shares worth an aggregate of $500-million (U.S.). Furthermore, subject to certain exemptions for block purchases, the maximum number of its common shares that the company may purchase on any one trading day on the TSX is 75,349 common shares, such amount representing 25 per cent of the average daily trading volume of the common shares of the company on the TSX alone for the six calendar months ended Feb. 28, 2026.

As of March 6, 2026, 185,924,928 common shares of the company were issued and outstanding, and the total public float of the company was 142,241,292 common shares. All common shares of the company purchased under the new NCIB will be cancelled.

The company believes that the repurchase of its common shares at certain market prices may be an attractive and appropriate use of the company's funds.

The company's common shares under the NCIB may be purchased through an automatic repurchase plan. Under the purchase plan, the company's broker may repurchase shares under the NCIB at any time, including, without limitation, when the company would ordinarily not be permitted to do so due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by the company's broker based upon the parameters prescribed by the TSX, applicable Canadian and U.S. securities laws, and the terms of the parties' written agreement.

Purchases under the NCIB may be made at the then current market price of the company's common shares through the facilities of the TSX, the New York Stock Exchange, or alternative trading systems in Canada or the United States by means of open market transactions or by such other means as may be permitted by applicable Canadian and U.S. securities laws.

There can be no assurance as to the precise number of common shares that will be repurchased under the NCIB or the aggregate dollar amount of the common shares purchased. The company may discontinue purchases at any time, subject to compliance with applicable regulatory requirements.

About RB Global Inc.

RB Global is a leading, omnichannel marketplace and trusted provider of value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites and digital platform, RB Global serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining, and agriculture. The company's end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread.

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