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rb GLOBAL The Trusted Global Partner for Insights , Services & Transaction Solutions 297 Second Quarter 2026 Financial Results August 4 , 2026 RBA LISTED NYSE RBA TSX >> LISTED СЦ e O
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Forward - Looking Statements Forward - Looking Statements: Certain statements contained in this presentation include “forward - looking statements” within the meaning of U.S. federal securi ties laws and “forward - looking information” within the meaning of Canadian securities laws (collectively, "forward - looking statements"). Forward - looking statements herein include, in particular statements relating to f uture financial and operational results, opportunities, and any other statements regarding events or developments that RB Global, Inc. (the “Company”, “RB Global”, “RBA”, “we”, “us”, “their” or “our”) believes or anticipate s w ill or may occur in the future. Forward - looking statements are typically identified by such words as “aim”, “anticipate”, “believe”, “could”, “continue”, “estimate”, “expect”, “intend”, “may”, “ongoing”, “plan”, “pote nti al”, “predict”, “will”, “should”, “would”, “could”, “likely”, "seeing", “generally”, “future”, “long - term”, or the negative of these terms, and similar expressions intended to identify forward - looking statements. It is uncertain whether any of the events anticipated by the forward - looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of RBA's common shares. Th erefore, you should not place undue reliance on any such forward - looking statements and caution must be exercised in relying on forward - looking statements. Forward - looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially, including but not limited to risks and uncertainties relating to: our ability to drive shareholder valu e; potential growth and market opportunities; the level of participation in our auctions and the success of our online marketplaces; our ability to grow our businesses, acquire new customers, enhance our sector reach, drive geographi c d epth, and scale our operations; the impact of our initiatives, services, investments, and acquisitions on us and our customers; the acquisition or disposition of properties; potential future mergers and acquisitions ; o ur ability to integrate acquisitions; our future capital expenditures and returns on those expenditures; our ability to add new business and information solutions, including, among others, our ability to maximize and in tegrate technology to enhance our existing services and support additional value - added service offerings; the supply trend of equipment and vehicles in the market and the anticipated price environment, as well as th e resulting effect on our business and Gross Transaction Value (“GTV”); our compliance with laws, rules, regulations, and requirements that affect our business; effects of various economic, financial, industry, and ma rke t conditions or policies, including inflation, the supply and demand for property, equipment, or natural resources; the behavior of commercial assets and vehicle pricing; the relative percentage of GTV represented by strai ght commission or underwritten (guarantee and inventory) contracts, and its impact on revenues and profitability; our future capital expenditures and returns on those expenditures; the effect of any currency exc han ge and interest rate fluctuations on our results of operations; the effect of geopolitical instability, including as a result of any current or proposed tariffs (including retaliatory tariffs), on our results of oper ati ons; the grant and satisfaction of equity awards pursuant to our compensation plans; any future declaration and payment of dividends, including the tax treatment of any such dividends; financing available to us from our c red it facilities or other sources, our ability to refinance borrowings, and the sufficiency of our working capital to meet our financial needs; our ability to satisfy our present operating requirements and fund future growth th rough existing working capital, credit facilities and debt; misappropriation of data or cybersecurity incidents; and, failure to comply with privacy and data protection laws. Other risks that could cause actual re sul ts to differ materially from those described in the forward - looking statements are included in “Part I, Item 1A: Risk Factors”, and the section titled "Summary of Risk Factors", in our Annual Report on Form 10 - K for the yea r ended December 31, 2025, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the Securities and Exchange Commission, including subsequent Quart erl y Reports on Form 10 - Q which are available on the SEC, SEDAR and RB Global’s websites. The forward - looking statements included in this presentation are made only as of the date hereof. While the list of factors pre sented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Many of these risk factors are outside of our control, and as such, they inv olve risks which are not currently known that could cause actual results to differ materially from those discussed or implied herein. RBA does not undertake any obligation to update any forward - looking statements to reflect act ual results, new information, future events, changes in its expectations or other circumstances that exist after the date as of which the forward - looking statements were made, except as required by law. Non - GAAP Financial Measures This presentation contains certain non - GAAP financial measures, including adjusted EBITDA and adjusted EPS. These non - GAAP finan cial measures are not calculated in accordance with GAAP and may exclude items that are significant in understanding and assessing a company’s financial condition or operating results. Therefore, these measure s s hould not be considered in isolation or as alternatives to financial measures under GAAP. In addition, these measures may not be comparable to similarly - titled measures used by other companies. Further information regardi ng non - GAAP financial measures is included in RBA’s filings with the SEC and/or applicable Canadian securities regulatory authorities, including RBA’s Current Report on Form 8 - K filed with the SEC on the date of this presentation, which are available on the SEC and SEDAR websites and at: investor.rbglobal.com. This presentation also includes certain forward - looking non - GAAP financial measures. We are unable to pre sent a quantitative reconciliation of this forward - looking non - GAAP financial information because management cannot reliably predict all of the necessary components of such measures. Accordingly, investors are cauti one d not to place undue reliance on this information. All figures are in US dollars, unless otherwise noted. Due to rounding, numbers presented throughout this document may not ad d u p precisely to the totals presented. 2 © 2026 RB Global, Inc. | All Rights Reserved
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3 Successfully closed the BigIron acquisition, creating a new growth platform in the attractive U.S. agriculture market Increasing full - year 2026 GTV and Adjusted EBITDA guidance Expanded relationship with our largest automotive insurance partner to support them in all 50 states across personal auto and commercial lines Key Messages
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4 © 2026 RB Global, Inc. | All Rights Reserved BigIron: A New Platform For Growth A Leader in Agriculture Broader Reach, More Customers Built to Scale • Serves buyers and sellers of agricultural equipment and land • Strong U.S. agricultural heartland presence with a respected brand • Deep customer relationships • Creates a new platform for growth • Highly complementary footprint • Strengthens RB Global’s long - term growth profile • BigIron can leverage RB Global’s scale, technology, and global buyer network • Delivers more value to customers • Integration off to a strong start BigIron positions RB Global as a trusted partner in the U.S. Agriculture
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5 © 2026 RB Global, Inc. | All Rights Reserved Estimated TAM Composition FLEET SIZE / LAND BASE (# of Units / Farmed Acres ) Influenced by: • Demand for Food • Demand for Higher Productivity • Planted Acres CHURN (% of Units that Transact) Influenced by: • End Market Volatility • Consolidation / Retirements • Upgrade / Replacement Cycle AVERAGE SALES PRICE Influenced by: • Asset Mix • Inflation / Deflation GTV $ 60 B North America TAM Cyclical and growing at ~GDP ~ Volume Base Asset Turn Over Value Multiplier × × = ~50% ~50% Equipment Real Estate / Land Large, Underpenetrated TAM Supporting Long - Term Growth Potential Low online penetration and strong brand awareness create an anticipated long runway for growth
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6 © 2026 RB Global, Inc. | All Rights Reserved A Proven 25 - Year Playbook Scaling into a Larger U.S. TAM Proven Winner in Canada A Formula for Growth A Larger Prize in the U.S. • Built a leading Canadian Agriculture Marketplace • Combined disciplined M&A with sustained organic growth • A trusted partner for Agriculture assets • Applying a proven integration framework • Strengthening customer relationships • Compounding growth over time • BigIron brings instant scale to our agriculture platform • BigIron adds an experienced team and sector expertise • Limited overlap in customer base expected to create opportunity A proven growth model applied to a large market with an anticipated meaningful long - term runway
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7 © 2026 RB Global, Inc. | All Rights Reserved Realigning GTV Sectors Prior Vertical New Automotive - No Change: • Salvage Passenger Vehicles • Remarketed Passenger Vehicles HE&T - CC&T + Industrial + Agricultural Equipment: • Construction (Lift and Materials Handling, Earth Moving) • Commercial Heavy / Medium Duty Trucks & Trailers • Agriculture Equipment and Implements • Industrial Support ( e.g. Generators, Containers, etc.) • Equipment Attachments • Aggregate ( e.g. Crushing & Screening, Conveyors, etc.) • Drilling, Mining, Oil and Gas, and Forestry Assets Other - Remaining Verticals: • Real Estate • Consumer / Misc. • Marine, Aircraft, Rail
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Gross Transaction Value 8 © 2026 RB Global, Inc. | All Rights Reserved 2Q26 YoY Growth by Sectors Total GTV $4,104 M $4,198 M $4,673 M 2Q24 2Q25 2Q26 13% 8% 36% 11% 11% 7% - 19% 8% Automotive Heavy Equipment & Transportation Other Total GTV Lot Volumes
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Service Revenue and Adjusted EBITDA 9 © 2026 RB Global, Inc. | All Rights Reserved Service Revenue Growth • Service Revenue was driven by a higher level of GTV, partially offset by a lower service revenue take rate • Profitable Scale: Adjusted EBITDA growth continues to outpace service revenue growth $859 M $887 M $933 M 2Q24 2Q25 2Q26 Adjusted EBITDA Growth $342 M $365 M $387 M 2Q24 2Q25 2Q26 ▲ 5% ▲ 6%
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$0.94 $1.07 $1.13 2Q24 2Q25 2Q26 Adjusted Diluted Earnings Per Share 10© 2026 RB Global, Inc. | All Rights Reserved ▲ 6%
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11 © 2026 RB Global, Inc. | All Rights Reserved Increasing 2026 Outlook Current August 2026 Prior May 2026 Commentary Outlook Raised: ▲ GTV Growth 1 9% - 11% (+250 bps at midpoint) 6% - 9% . • Continued market share gains • No significant catastrophic event GTV assumed ▲ Adjusted EBITDA 2 $1,495 M - $1,545 M (+5 M at midpoint) $1,485 M - $1,545 M • Operational excellence and prudent growth investment Unchanged: 2026 Tax Rate (Full year GAAP & Adjusted) 23% - 25% 23% - 25% • Expected normalized tax rate Capital Expenditures 3 $350 M - $400 M $350 M - $400 M • Continued execution of land strategy • Ongoing technology investment in differentiation, customer experience, and efficiency 1) Compared to full - year 2025 results. 2) The Company has not provided a reconciliation of Adjusted EBITDA outlook for fiscal 2026 to GAAP net income, the most directl y c omparable GAAP financial measure, because without unreasonable efforts, it is unable to predict with reasonable certainty the am ount or timing of non - GAAP adjustments that are used to calculate Adjusted EBITDA, including but not limited to: (a) the net loss or gai n on the sale of property plant & equipment, or other assets (b) loss on divestiture and deconsolidation and related costs (c ) a cquisition - related or integration costs relating to our mergers and acquisition activity, including severance costs, (d) restructuring costs, (e) o the r legal, advisory and non - income tax expenses, (f) share - based payments compensation expense, which value is directly impacted b y the fluctuations in our share price and other variables, and (g) other expenses that we do not believe are indicative of our ongo ing operations. These adjustments are uncertain, depend on various factors that are beyond our control and could have a material im pact on net income for fiscal 2026. 3) Capex is defined as property, plant, and equipment, net of proceeds on disposals, plus intangible asset additions.
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