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Investor Presentaiton

UK High-Speed Rail (HS2) Largest Infrastructure Project in Europe with ~£100B Total Budget(1)(2) Manchester Leeds Sheffield Phase 2 Phase I FINNING 230 km high speed rail line from London to Birmingham Earthwork to be completed by 2024 Opening expected 2029 - 2033 Birmingham Phase I ₤390M London O Total Phase I Opportunity ~1,100 Machines Technology Repair & maintenance ■ Professional services £83M HS2 Orders QI 2021 backlog of ~380 machines Articulated dump trucks Excavators Dozers Compactors Graders Wheel Loaders construction ~200 ~130 sites million tons of earth excavated ~150 bridges ~110 embankments ~50 viaducts 103 km of tunneling Phase 2(3) High speed rail line to Crewe, Manchester, and then Leeds Opening expected 2035 - 2040 Overall target cost ~£53bn (4) Incremental opportunity for new machines, repair and maintenance, technology and professional services (1) HS2 website: www.hs2.org.uk (2) This page contains forward-looking information. See slide 10 for more information. (3) Subject to approval by UK Government 7 (4) HS2 6-monthly report to Parliament: March 2021- www.gov.uk
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