IAA Expands in Central America Market

Growing our new Market Alliance with Moto Leader Group International in Panama will accelerate our efforts to expand services to regional buyers, including:

• Strategic location serving as gateway for Central and South America

• Wider access to vehicle inventory for local and regional buyers

• Improved logistics, faster processing, and localized expertise

• Enhanced customer service and robust language support

As IAA continually searches for ways to expand access to vehicles in new markets around the world, we know that none of it would be possible without strategic alliances that bring our world class marketplace to countries around the world. To that end, we're proud of our recent expansion in Central America with our latest IAA Market Alliance with Moto Leader Group International. The Moto Leader Group International team will operate an Auction Center that provides services and assistance to local buyers interested in browsing, bidding on and buying from IAA's robust inventory.

What does this mean for Buyers?

This alliance is intended to provide local access to global inventory with full support for local businesses. Moto Leader Group International has built a strong reputation for outstanding service, and we're excited to work with them on offering our suite of products to a group of buyers who prefer a localized flavor of customer support.

Why Panama?

IAA's buyer base in Panama has been expanding for several years while we continually look for ways to strengthen our foothold and enhance customer support in the region. The strategic selection of a local Market Alliance plays a vital role in our expansion efforts and provides vehicle buyers in Panama and neighboring countries with streamlined access to our cutting-edge digital auction platform and a larger pool of inventory. We work with Market Alliances in countries with significant opportunities for growth, choosing them based on reputation and an ability to deliver comprehensive services at the local level.

This new alliance fosters dedicated local service in the region, providing a physical location where customers receive personalized assistance with placing bids and navigating IAA's services. Local representatives are equipped with deep knowledge of both IAA's operations and their local market, ensuring a seamless experience for customers. Current market conditions in Panama, including its infrastructure and trade environment, align with IAA's business model.

"We're proud to expand our relationship with IAA and introduce its innovative digital auction platform to the market in Panama," said Lukasz Dziewulski, Owner of MLG International. "Our team is excited to help customers across Panama and neighboring countries navigate the purchasing process."

Visit IAAI.com to learn more about our Market Alliances.

Forward-Looking Statements:

Certain statements contained in this release include "forward-looking statements" within the meaning of U.S. federal securities 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 IAA's new Market Alliance with Moto Leader Group in Panama, IAA's current and future expansion plans into the Panama market and other markets globally, and other subjects of this release that are not historical facts. Forward-looking statements are typically identified by such words as "aim", "anticipate", "believe", "could", "continue", "estimate", "expect", "intend", "may", "ongoing", "plan", "potential", "predict", "will", "should", "would", "could", "likely", "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 RB Global's common shares. Therefore, 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 value; 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 geographic depth, 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; our 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 integrate 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 the 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 market 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 straight 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 exchange and interest rate fluctuations on our results of operations; the effect of any tariffs on our results of operations; 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 credit 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 through 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 results 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 year ended December 31, 2024, 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 Quarterly Reports on Form 10-Q The forward-looking statements included in this release are made only as of the date hereof. While the list of factors presented 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 involve risks which are not currently known that could cause actual results to differ materially from those discussed or implied herein. RB Global does not undertake any obligation to update any forward-looking statements to reflect actual 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.