Ashtead Group Investor Day

Our Thinking of Markets & Clusters Has Evolved Rental Markets 2016 Cluster Definition Today Cluster Definition Top 25 >10 >15 Addressable Markets 26-50 >7 >10 ■ ■ ■ USA 51-100 >4 >4 101-210 >1 >1 1-10 >7 >7 Canada 11-25 >4 >4 Greater location opportunity within cluster Significance of non-construction sq. ft. under roof Understanding the potential of our cluster market platform Ashtead group 26-76 >1 >1 26

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