Mr. Sameer Rathod reports

RB GLOBAL ANNOUNCES AN INCREASE TO ITS SHARE REPURCHASE PROGRAM FROM $500 MILLION TO $1 BILLION

The Toronto Stock Exchange has approved an amendment to RB Global Inc.'s current normal course issuer bid (NCIB) to increase the maximum number of common shares of the company that may be repurchased to be the lesser of 14,224,129 shares, representing approximately 10 per cent of the total public float of the company as of March 6, 2026, and that number of shares worth an aggregate of $1-billion (U.S.). No other terms of the NCIB have been amended.

The NCIB, launched on March 18, 2026, originally allowed the company to repurchase up to the lesser of 10 million 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 shares worth an aggregate of $500-million (U.S.). As of Sept. 11, 2026, the company has repurchased 5,363,497 shares at an average price of approximately $93.22 (U.S.) per share under the NCIB.

The NCIB amendments are expected to become effective on Sept. 17, 2026. The NCIB 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.

Subject to certain exemptions for block purchases, the maximum number of its shares that the company may purchase on any one trading day on the TSX is 75,349 shares, such amount representing 25 per cent of the average daily trading volume of the shares on the TSX alone for the six calendar months ended Feb. 28, 2026. As of March 6, 2026, 185,924,928 shares of the company were issued and outstanding, and the total public float of the company was 142,241,292 shares. All shares purchased under the NCIB will be cancelled.

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

The 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 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 shares that will be repurchased under the NCIB or the aggregate dollar amount of the 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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