Ashtead Group Results Presentation Deck

SUMMARY Clear momentum, with strong positions in robust end markets ▪ The recent CHIPS Act and Inflation Reduction Act enhance and add clarity to an already strong construction market, flush with mega projects ■ Supply constraints, inflation and skilled trade scarcity are agents of structural change and favour the larger providers ▪ Sunbelt 3.0 initiatives ahead of plan Strong levels of bolt-on activity with good pipeline to supplement our organic growth plan Leverage towards the bottom of our target range ▪ The Board looks to the future with confidence and expects full year results ahead of our previous expectations 21 Nine month results ¦ 31 January 2023 Ashtead group

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