Ashtead Group Results Presentation Deck

HIGHLIGHTS ▪ A strong quarter with clear momentum across the business, with trading ahead of pre-pandemic levels ▪ Sunbelt 3.0 progressing well across all actionable components ▪ 29 locations added in North America, of which 22 were greenfields and 7 were acquisitions ■ ■ $123m invested in five bolt-on acquisitions 3 $104m (£75m) allocated to share buybacks in the quarter Leverage¹ at 1.3 times net debt to EBITDA is slightly below our target range of 1.5 to 2.0 times ▪ Debut investment grade notes issuance enabled us to extend maturities at a lower cost We now expect full-year results ahead of our previous expectations First quarter results | 31 July 2021 1 Excluding the impact of IFRS 16 Ashtead group

View entire presentation