Ancora RB Ritchebros Presentation February 2023

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Ancora believes reducing corporate overhead, rationalizing duplicative headcount and improving yard operations from a cost, efficiency and productivity standpoint could yield cost initiatives that are necessary to reach RBA's targets.

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cost-cutting 90%

Breakdown of synergy opportunities and operational efficiency targets

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The slide contrasts RBA's (Ritchie Bros. Auctioneers) current targets with Ancora's higher estimates.