Belgium Site Specific Terms

WELCOME TO THE RB MARKETPLACE

IronPlanet Limited

Phone: + 31 168 39 22 00

E-mail: eu_docs@ritchiebros.com or eucustomercare@ritchiebros.com

Office Hours: Monday – Friday: 8 am – 5 pm

** TRUCKS MUST BE AT THE COLLECTION LOCATION BY APPOINTMENT ONLY! **

SITE SPECIFIC TERMS FOR ITEMS SOLD FROM BELGIUM

SITE-SPECIFIC TERMS

These Site-Specific Terms should be read in conjunction with the Terms of Bidding and Sale (“Terms of Sale”). In the event of a conflict between these Site-Specific Terms and the Terms of Sale, the Site-Specific Terms will prevail. In the event of conflict between the English version of the Site-Specific Terms and this version, the Dutch version will prevail over the English version.

TERMS OF BIDDING AND SALE

All bids and purchases are subject to the Terms of Sale. Please read the Terms of Sale in full on https://www.rbauction.com/legal-policies/terms-of-sale/latest

• Every item is sold ‘as is, where is’

• No guarantees or warranties whatsoever

• Please inspect equipment before bidding

The listing catalogue has been prepared as a guide only, based on information from the consignor and other sources believed to be reliable but the accuracy thereof is not guaranteed or warranted by Ritchie Bros. Inaccuracies in the catalogue will under no circumstances relieve the buyer from responsibilities described in the Terms of Sale.

Please inspect equipment.

The year stated on certain lots may indicate the year the model was put into service rather than the year the lot was manufactured. The accuracy of Odometers / Hour Meters cannot be verified by Ritchie Bros.

The marketplace services will be provided by:

Ironplanet Limited (“Ritchie Bros.”)

Trade register # 460336 (Ireland)

VAT BE0810741242

5th Floor, The Exchange

George's Dock, IFSC

Dublin 1, D01 W3P9 (Ireland)

Ritchie Bros. does not provide Certificates of Origin.

EQUIPMENT REMOVAL

All equipment must be collected within 2 weeks after the date of the relevant auction. Please note that storage fees will apply to any late removals from the collection location.

If equipment is not removed within 2 weeks after the date of the relevant auction, the equipment will, at our discretion, either be stored at the collection location for a storage fee available at https://www.rbauction.com/buying/buyer-fees per day per lot, plus VAT, or transported to and stored at a third-party facility, all at buyer’s expense.

Items cannot be removed until (1) the equipment is paid in full and (2) buyer has no other outstanding balances at Ritchie Bros. or any of Ritchie Bros.’ affiliates; storage fees apply to late removals.

Insurance and removal are the buyer’s responsibility.

Buyer must present a valid registration and road insurance for every vehicle that will not be removed by trailer but will travel on public road.

Before equipment is released from the collection location, your appointed transport company must present the release form, which shall be issued once equipment is fully paid. All truck drivers are required to present a copy of their ID or passport upon collection.

Buyer is responsible for the load out of their purchased equipment in a timely manner. All drivers need to load the non-stationary units themselves. Please make sure that a suitable truck will be sent for pick up.

You acknowledge that Ritchie Bros. or the personnel at the collection location. may decide in its sole discretion to assist in loading. You expressly agree to waive, release, defend, indemnify and hold harmless the seller, Ritchie Bros. and its parents, subsidiaries, and affiliates, and their respective officers, directors, and employees from and against any and all claims, actions, losses, injuries, damages, expenses, costs or relief of any nature or kind whatsoever, including without limitation any injury to the Buyer or any other person or any damage to the Buyer’s personal property or the property of others, arising in connection with:

• the loading or unloading of item(s), or;

• Buyer’s or its transporter’s presence on a property where purchased items are stored for loading, or;

• any of the activities Buyer or its transporter carries out on a property where purchased items are stored for loading, or;

• any assistance provided to Buyer or its transporter by seller’s or Ritchie Bros. personnel, or;

• use of seller’s or Ritchie Bros. equipment, or;

• the transport of item(s) including failure to properly secure item(s), or;

• the breach of any applicable laws such as transport laws and load limits.

Buyer expressly acknowledges and agrees that Buyer will be solely responsible for any injury to Buyer or any other person, fines, or for any damage to Buyer’s property or the property of others, caused by its unloading and transport of items.

MOTOR VEHICLE/REGISTRATION REQUIREMENTS

Lots which have a vehicle registration will be noted in the catalogue as “Registration”.

Motor vehicles without registrations must be removed by trailer.

Please note that Ritchie Bros. has not investigated the genuineness or validity of documents in its possession. You are invited to inspect any available documents prior to purchasing.

Note: Ritchie Bros. does not provide nor prepare Safety Certificates, EUR1 Documents, or any other similar documents.

Please check your invoice name for accuracy.

The name shown on your invoice is the name that will appear on the registration to assets you have purchased.

SPECIAL NOTES REGARDING REGISTERED ITEMS

Please note that a documentation fee available at https://www.rbauction.com/buying/buyer-fees plus VAT per invoice will be applicable for buyers purchasing items which come with a registration if any administration process becomes necessary for processing registration paperwork.

LOAD OUT SAFETY REQUIREMENTS

Safety requirements are presented to transport drivers upon arrival at the collection location. All transport drivers must abide by the locally applicable safety requirements and wear a high visibility vest and safety footwear when outside of their vehicle on the storage location.

SALE DAY LOAD OUT PROCEDURE

There is no loading assistance available on collection location.

Should there be loading assistance available at the collection location, no item will be loaded until the auction event is complete, and it will not:

• be loaded nor operate loaders after dusk, nor;

• arrange for additional equipment needed for load out.

Customers will not be able to load out on Sale Day.

PAYMENT TERMS

Sales are conducted in Euro (€)

Purchases must be paid in full within 7 days of the date of the relevant auction.

Interest of 18% per annum will start accruing on the 8th day after the relevant auction together with any legal and collection costs.

Late Payment Fees will be charged on all purchases not paid in full within 7 days after the auction.

Transaction Fee: Each purchased Lot will be subject to a transaction fee available at https://www.rbauction.com/buying/buyer-fees

21% VAT (Value Added Tax) applies to this Transaction Fee.

All bids are exclusive of VAT - as applicable - and exclusive of the applicable transaction fees.

Domestic buyer’s method of payment: Wire transfer

International buyer’s methods of payment: Wire transfer

International Buyers may take advantage of Ritchie Bros. Financial Services Currency Exchange to access preferred exchange rates for Ritchie Bros. customers. Please see Additional Services for more information.

Both domestic and international buyers: Payments up to € 10.000 may be paid by Visa or MasterCard at rbauction.com.

Letters of Credit are NOT acceptable as a method of payment.

All payments must be made from a bank account or credit card held in the name of the registered buyer. Payments from a third-party source will not be accepted unless Ritchie Bros., in its sole discretion and in advance, has been satisfied as to the authenticity of the payment in writing.

We do not accept cash payments.

No purchases will be released without full payment.

Registration to bid is free of charge. You may be required to pay a refundable bid deposit, please check https://www.rbauction.com/buying/bidding-limits-and-deposits.

You are required to place a deposit equalling 25% of the total expected purchases.

NAME ON INVOICES CANNOT BE CHANGED AFTER AUCTION DAY

All payments must be made in Euro.

All bank transfers to be sent to:

Account Name: IronPlanet Limited - Euro Account

Bank: HSBC Ireland, 1 Grand Canal Square, Grand Canal Harbour, Dublin, 2

IBAN: IE49HSBC99023135025171

SWIFT Code: HSBCIE2D

Please identify your transfer as:

“Payment for buyer nr: ___________, Invoice number________”

Equipment will be released after full payment is received. You will receive a release form before collection confirming that your payment is received.

Pro-Forma invoices will be provided after the sale. The name shown on your pro-forma invoice is the name that will appear on registration certificates of units you have purchased, as well as on the VAT invoices. Invoice changes will be charged with a fee.

Between you and us, you are solely responsible for any misdirected payments (payments made by you but not received by us or vice versa) by reason of any unauthorized third-party use of, access to, or control of any information system or device or electronic communications network used or managed by, or on behalf of, you or your financial institution. We will not be held liable for any alleged damages or losses arising out of or relating to any of the foregoing events regardless of legal theory or ground.

VAT, EXPORT AND TRANSPORT

VAT

Belgian VAT will apply in the following cases:

• EU buyers who fail to provide a valid VAT number and/or EU buyers who fail to provide valid proof of transport (complete CMR) within 90 days from the invoice date;

• Non-EU buyers who fail to provide correct and complete Export Documents and confirmation of exit to eu_docs@ritchiebros.com or eucustomercare@ritchiebros.com within the 90 days from the invoice date.

VAT reverse charge mechanism applies to buyers registered for VAT in Belgium, for items that are located and sold in Belgium and that are NOT shipped or transported outside Belgium after the purchase.

VALID PROOF OF TRANSPORT FOR EU BUYERS:

Valid proof of transport for EU buyers: A valid CMR document must mention the full Buyer details in box 1; IronPlanet Limited in box 4; lot number and full lot description in box 6; signature of the receiver in box 24; plus, the rest of the usual information.

POWER OF ATTORNEY

The Buyer hereby appoints Ritchie Bros. as its attorney-in-fact with a limited power of attorney to execute on the Buyer’s behalf, all transport documents.

VALID PROOF OF TRANSPORT FOR EXPORTATION:

Official Customs documents provided by the local Customs Authorities. Ritchie Bros. must appear as the exporter on the export document. The lots must be clearly described and identifiable. We require the final proof of export (i.e., “exit confirmation” or “goods departed” confirmation) the intention only is not considered sufficient.

All exports (out of the European Union) for Export Buyers must be processed through our authorised export agent. You are required to select both a freight forwarder and an export agent in accordance with the options set out below. Depending on your choice, the requirement to pay a VAT deposit may vary.

You may choose from the following shipment options:

1. RB Logistics: If you appoint RB Logistics as your freight forwarder, RB Logistics will also arrange for the export documents. In this case, no deposit will be required.

RB Logistics

The Netherlands

Tel. +31 168 392200

Fax. +31 168 392250

logistics@rbauction.com

2. Third-Party Shippers: If you appoint a third-party shipper of your choice (not listed above), the export agent must still be RB Logistics or any other export agent as approved by us. In this case, a deposit will be required.

Please confirm your chosen shipping company by sending us an e-mail at eu_docs@ritchiebros.com or eucustomercare@ritchiebros.com.

Deposit for VAT: The deposit equals the local standard VAT rate calculated on the purchase price of the equipment. This deposit will be refunded to the bank account of the buyer within 10 business days of (timely) providing us with the required proof of final export of all exported Lots. Where requested, Buyer should conform their accurate bank details the original deposit payment was made from, in order to facilitate timely refund of deposits. Refunds will not be made to different bank accounts. Please note that if we do not receive final proof of export within 90 days of the invoice date, we will not be able to refund deposits for VAT.

The export agent as to be engaged by you is responsible for handling all Customs formalities and coordinating export documentation. You are required to provide all necessary information and documents requested by the export agent in a timely and accurate manner.

Failure to comply with these requirements may result in delay, additional charges, or refusal to release the lot(s) for export.

You are not allowed to us Ritchie Bros. or IronPlanet Limited to be stated as shipper/sender on the Bill of Lading (B/L) or CMR.

SECOND HAND VEHICLES

Ritchie Bros. will not apply the VAT Margin scheme on the transaction of second-hand vehicles sold in the marketplace. Please note that VAT will be charged on all items, as applicable.

NO BIDDING ON BEHALF OF SELLER

All seller’s in the RB marketplace have agreed by contract not to bid directly or indirectly on any item they put up for sale, and every bidder at a Ritchie Bros. auction has agreed by contract on registering not to bid directly or indirectly on behalf of any owner on any item which the owner has listed on the marketplace.

If you are aware of any person contravening the above, we want to know about it right away. Please inform us immediately.

IMPORTATION AND RELATED OBLIGATIONS

You agree and undertake that items purchased for importation into any country will be imported in compliance with the laws and regulations of that country, including, but not limited to, those in respect of manufacturers' approvals or other requirements such as safety, environmental, acoustical, intellectual property and/or local dealers' permissions.

Ritchie Bros. makes no representation or warranty that items offered in the auction are importable into any particular country and does not accept any liability that some items in this auction may not be importable into a particular country. Please check with your own importation specialist prior to bidding.

EUROPEAN UNION MACHINERY DIRECTIVE

Effective January 1st, 1995, Bidder acknowledges that some items in the marketplace not, or no longer, conform to the terms of the EU Directive on Machinery as implemented in the National Legislation of the relevant Member Country. Bidder shall determine to its satisfaction as to whether or not any lot is in conformity.

Be advised that CE marking is mandatory for certain product groups within the European Economic Area (EEA). Certain items in this auction may require additional CE-marking measures if imported into the EEA. Any items in the sale that are not CE-marked are offered for sale for export outside of the EEA. If any buyer nevertheless intends to sell or use such item within the EEA, buyer will take the necessary measures to certify and/or upgrade the item, if and as required under the relevant European Union Legislation (such as the Machinery Directive) implemented in the national legislation of the relevant member countries. The buyer is responsible for all documentation and costs related to such certification and upgrading. Please contact the manufacturer or his authorized representative within the EU for details.

Be advised that for items in an auction, supporting documentation regarding CE may only be available as mentioned in the “Comes With” part of the lot description.

Announcements regarding CE Certificates will be as follows:

If Original CE available: ** ORIGINAL CE CERTIFICATE AVAILABLE **

If CE Copy available: **CE CERTIFICATE COPY AVAILABLE **

If no Original CE nor Copy available: No note.

ADDITIONAL SERVICES

Ritchie Bros. now offers a range of in-house and partnered services so you can put your purchases to work even faster. For more information on these and other services, ask a Ritchie Bros. representative or visit rbauction.com.

Transport & Shipment – if you are looking for full-service International Transport & Shipping solutions Ritchie Bros. Logistics can provide multiple options. For your (overseas transport, export, or full freight forwarding ) solution, please contact Ritchie Bros. at:

Ritchie Bros. Logistics

Pedro Guerrero

E: logistics@rbauction.com / pguerrero@ritchiebros.com

T: +31 629727479

BID INCREMENT CHART

ENTER AT YOUR OWN RISK

The collection location might be a potentially dangerous place. Heavy equipment is operated, there may be flammable, corrosive, and pressurized substances present, and electric circuits may be live. Ritchie Bros. is NOT responsible for injuries sustained or damages to or loss of property occurring from any cause whatsoever.

PRIVACY NOTE – DOCUMENTS FOR REGISTERED VEHICLES

Ritchie Bros. may collect and retain a copy of your valid identification document (passport, driver’s licence, or national ID) for lots that require vehicle registration. This information is processed and stored solely for the purpose of transferring ownership of registered vehicles sold at our auctions, in compliance with applicable legal obligations and regulatory requirements, and on the basis of legitimate interest for proper registration. Failure to provide this documentation may prevent completion of the registration process.

SANCTIONED JURISDICTIONS

In addition to clause 6 of the Terms of Bidding and Sale, participation from or export to the below jurisdictions is categorically prohibited per Ritchie Bros. policy:

CUBA, SYRIAN ARAB REPUBLIC, IRAN, NORTH KOREA, VENEZUELA, RUSSIA, BELARUS, UKRAINE, AND KAZAKHSTAN

Buyers agree that they shall not export directly or indirectly to these jurisdictions and represent, warrant, acknowledge and declare that they are the final recipient of purchased items and have no intention of (re)exporting any purchases to these jurisdictions.

THANK YOU FOR YOUR VALUED BUSINESS

UPCOMING AUCTIONS: For a complete list of upcoming auctions and equipment listings see our website at: rbauction.com.