Ashtead Group Investor Day Presentation Deck

AMPLE RUNWAY REMAINS FOR BOLT-ON ACTIVITY ACQUISITION LANDSCAPE TARGET LANDSCAPE, SEGMENTED BY REVENUE AND BUSINESS LINE 89 GENERAL TOOL SPECIALTY BUSINESS LINES Capital Markets Day 2021 <$50M 1,500+ 100+ $50-150M $150M+ ~25 ~25 ~7 >10 ● Cluster analysis reflects robust GT opportunity ● Specialty expansion focus (existing & white space) Estimated relevant 1,500 American Rental Association companies outside RER 100 • Average bolt-on is $10M of acquisition revenue Average Specialty business line bolt-on is $16M acquisition revenue SUNBELT. RENTALS

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