Ashtead Group Results Presentation Deck

DEBT AND COVENANTS 37 Debt Ratings Availability Fixed charge coverage covenant Full year results | 30 April 2022 Facility $4.5bn first lien revolver $550m senior notes $600m senior notes $600m senior notes $600m senior notes $750m senior notes Corporate family Second lien H ■ ■ Interest rate LIBOR + 125-150 bps 1.500% 4.375% 4.000% 4.250% 2.450% S&P BBB- BBB- Covenants are not measured if availability is greater than $450 million Maturity August 2026 August 2026 August 2027 May 2028 November 2029 August 2031 Moody's Baa3 Baa3 Fitch BBB BBB EBITDA less net cash capex to interest paid, tax paid, dividends paid and debt amortisation must equal or exceed 1.0x Greater than 1.0x at April 2022 Ashtead group

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