Ashtead Group Results Presentation Deck

ROBUST AND FLEXIBLE DEBT STRUCTURE $5,000m $4,000m $3,000m $2,000m $1,000m $m $5,000m $4,000m $3,000m $2,000m $1,000m 13 $m Debt maturity prior to refinancing activities FY22 FY23 FY24 FY25 Aug Aug Aug May Nov FY31 FY32 2025 2026 2027 2028 2029 $600m $600m $600m $600m $600m Debt maturity subsequent to refinancing activities FY22 FY23 FY24 FY25 FY26 First quarter results | 31 July 2021 Aug Aug May Nov 2026 2027 2028 2029 $550m $600m $600m $600m Undrawn Drawn Notes FY31 Undrawn Drawn Notes Aug 2031 $750m ▪ In August, refinanced $600m 4.125% notes and $600m 5.25% notes with two investment grade notes: $550m 1.5% notes due 2026 $750m 2.45% notes due 2031 and closed increased $4.5bn ABL facility and extended maturity to August 2026 I Refinancing delivers annual interest saving of $30m ■ Subsequent to refinancing, facilities committed for average of 7 years at a weighted average cost of less than 3% ▪ No financial monitoring covenants whilst availability exceeds $450m (July 2021: $3,546m pro forma for increased ABL) Early redemption of $1.2bn notes will give rise to non-recurring charges of $47m in the second quarter relating to call premium and write off of deferred financing costs Ashtead group

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