Ritchie Bros. Auctioneers reports on voting results from the 2022 annual and special meeting of shareholders

VANCOUVER, BC, April 28, 2022 /CNW/ - The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company") (NYSE: RBA) (TSX: RBA) was held on April 27, 2022.  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March 15, 2022, which can be found on the Company's website at: https://s24.q4cdn.com/560830410/files/doc_financials/2022/ar/2022-Proxy-Statement-(Web-Version).pdf

Per TSX reporting requirements, the Company wishes to disclose that the total number of shares represented by shareholders in person and by proxy at the Meeting was 95,506,182 shares, representing approximately 86.33% of the Company's outstanding shares.  The voting results for the election of directors were as follows:

Name of Director		For		Withheld
Erik Olsson		86,616,756		7,384,092
Ann Fandozzi		93,698,494		302,354
Christopher Zimmerman		92,155,252		1,845,596
Bob Elton		91,804,953		2,195,895
Sarah Raiss		92,059,991		1,940,857
Adam DeWitt		93,155,283		845,565
Lisa Hook		93,136,177		864,671
Mahesh Shah		93,694,591		306,257
Carol M. Stephenson		93,623,983		376,865

On April 28, 2022, the Company filed a report of voting results on all resolutions voted on at the Meeting on www.sedar.com.

About Ritchie Bros.

Established in 1958, Ritchie Bros. (NYSE andTSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offering live auction events with online bidding; IronPlanet, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Ritchie List, a self-serve listing service for North America; Mascus, a leading European online equipment listing service; Ritchie Bros. Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Kruse Energy. The Company's suite of solutions also includes Ritchie Bros. Asset Solutions and Rouse Services LLC, which together provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.

SOURCE Ritchie Bros. Auctioneers

Darren Watt, Corporate Secretary, Phone: [phone], Email: [email protected]