Ritchie Bros. Auctioneers

1. Financial Risk: As with any company, RB Global is exposed to financial risks such as changes in market conditions, interest rates, currency exchange rates, and credit defaults. These could impact the company’s profitability and cash flow.

2. Supply Chain Risk: RB Global sources raw materials and components from various suppliers around the world, making it vulnerable to disruptions in the supply chain. Any delay or shortage in the supply of these materials could affect the company’s production and sales.

3. Brand Reputation Risk: RB Global operates in a highly competitive market, and any negative publicity or product recalls could damage its brand reputation and result in a loss of customers.

4. Compliance and Regulatory Risks: The company is subject to various laws and regulations in the countries where it operates, and any violation or non-compliance could result in fines, penalties, or legal action.

5. Litigation Risk: RB Global faces the risk of legal action from consumers, competitors, or other third parties for various reasons, such as product liability, intellectual property disputes, or employment-related disputes.

6. Strategic Risk: Changes in consumer preferences, technological advancements, or disruptions in the industry could impact RB Global’s business strategy and its ability to adapt to these changes, posing a risk to its sustainability.

7. Cybersecurity Risk: With the increasing digitalization of businesses, RB Global is vulnerable to cyber threats, such as data breaches, hacking, or cyber-attacks, which could result in financial and reputational damage.

8. Natural Disasters and Pandemic Risk: RB Global operates globally, and any natural disasters, such as hurricanes, floods, or earthquakes, could disrupt its operations and supply chain. Additionally, the ongoing COVID-19 pandemic has shown how vulnerable businesses can be to global health crises.

9. Environmental Risks: As a manufacturer, RB Global has a responsibility to ensure its operations are environmentally sustainable. Any violations, accidents, or incidents could result in financial, legal, and reputational damage.

10. Succession and Key Person Risk: The company’s success depends on key personnel, such as its executive team and key employees. Any sudden departure or loss of these individuals could negatively impact the company’s operations and performance.