RB GLOBAL INC.

RB Global, Inc. (NYSE: RB) operates as a leading omnichannel marketplace and provider of value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Founded in 1958, the company maintains a global presence with approximately 8,000 full-time employees and operations primarily in the United States, Canada, Australia, and Europe. The company's website is https://rbglobal.com.

The company serves customers across multiple asset classes including automotive, construction equipment, commercial transportation, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global's portfolio comprises several established marketplace brands, with Ritchie Bros. operating as the world's largest auctioneer of commercial assets and vehicles offering online bidding capabilities, and IAA functioning as a leading global digital marketplace connecting vehicle buyers and sellers. Additional brands include Rouse, which provides end-to-end asset management and market data-driven intelligence; SmartEquip, a technology platform supporting equipment lifecycle management and parts procurement; and VeriTread, an online marketplace for heavy haul transport.

The company organizes its business into three reportable sectors: automotive, which includes automobiles and passenger vehicles; commercial, construction and transportation (CC&T), encompassing earth-moving equipment, lift and material handling equipment, and commercial trucks; and other, which includes agricultural, forestry, energy, and government surplus assets. Primary customers include automobile insurance companies, end users, dealers, fleet owners, and original equipment manufacturers.

RB Global's business model centers on providing transaction solutions through both physical auction sites and digital platforms, complemented by comprehensive value-added services such as transportation and logistics, appraisal, inspection, refurbishing, titling, loan payoff, and financial services. The company offers multiple contract options to consignors including straight commission, fixed fee commission, and guarantee contracts. Revenue streams comprise service revenue from transactional seller and buyer fees, marketplace services, and inventory sales revenue from assets purchased and resold by the company.

The company's competitive advantages include its global platform connecting buyers and sellers, trusted local customer relationships, proprietary data and analytics capabilities, extensive global presence minimizing transportation costs, flexible yard space and workforce, diverse global buyer base generating deep liquidity pools, and well-established brand recognition across its portfolio.