Ashtead Group Investor Day

Conclusions ▪ We are executing well on the plan ▪ Greater opportunities than originally anticipated ▪ Cluster concentration ▪ End market expansion ▪ Canada ▪ All supported by physical and technical platform Strong Margins = Significant cash generation ■ ■ Further organic growth 15-20% EPS growth per annum through to 2021 ▪ Further bolt-ons ▪ Returns to shareholders ▪ Will maintain leverage discipline and continue to grow responsibly Ashtead group 50

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