Ashtead Group Results Presentation Deck

DEBT AND COVENANTS 30 Debt Ratings Availability Fixed charge coverage covenant First quarter results ¦ 31 July 2022 Facility $4.5bn first lien revolver $550m senior notes $600m senior notes $600m senior notes $600m senior notes $750m senior notes $750m senior notes Corporate family Second lien M ■ M Interest rate LIBOR + 125-150 bps 1.500% 4.375% 4.000% 4.250% 2.450% 5.500% S&P BBB- BBB- Covenants are not measured if availability is greater than $450 million Baa3 Maturity August 2026 August 2026 August 2027 May 2028 November 2029 Moody's Baa3 August 2031 August 2032 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 July 2022 Ashtead group

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