Ritchie Bros. Thanks Shareholders for Their Strong Support of IAA Acquisition

Vontobel Asset Management, Which Owns 2.15% of Ritchie Bros. Shares, is Yet Another Ritchie Bros. Shareholder to Publicly Support the IAA Acquisition

VANCOUVER, BC, March 3, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) ("Ritchie Bros.") today issued the following statement regarding the support it is receiving from many shareholders, including among the Company's largest shareholders, as well as industry analysts regarding the acquisition of IAA, Inc. (NYSE: IAA) ("IAA"):

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