Ashtead Group Results Presentation Deck

CAPITAL ALLOCATION CONSISTENTLY APPLIED POLICY CONTINUES CLEAR PRIORITIES Organic fleet growth Same-store Greenfields I ■ Bolt-on acquisitions Returns to shareholders I ■ 27 Progressive dividend policy Share buybacks APPLICATION Full year results | 30 April 2022 I ■ ■ ■ $2.4bn invested in the business 88 greenfields opened in North America $1.3bn spent on bolt-ons, with 35 locations added Good pipeline with $230m spent since year end Proposed final dividend of 67.5% per share, making 80.0% per share for the year $414m (£305m) spent under two year, up to £1bn share buyback programme UNDERPINNED BY TARGET NET DEBT TO EBITDA LEVERAGE RANGE OF 1.5 TO 2.0 TIMES 1.5 TIMES AT 30 APRIL 2022 Ashtead group

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