Ashtead Group Results Presentation Deck

36 IMPORTANT TO NOT LOSE SIGHT OF THROUGH THE CYCLE KEY METRICS % 20 18 16 15 14 12 10 8 9 4 2 13 14 10 2006 2007 2008 2009 5 LO Group Rol 7 12 16 19 19 19 Cost of capital 17 2010 2011 2012 2013 2014 2015 2016 2017 2018 Nine month results | 31 January 2021 18 18 15 2019 2020 % 50 45 40 35 30 25 20 15 10 5 35 35 Group EBITDA margin 38 33 30 30 34 38 42 45 46 47 47 47 47 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 d 200 180 160 140 120 100 08 60 40 20 11 10 == 9007 9 - 2007 Group underlying EPS 2008 G 15 = = 6007 12 Ο 4 17 31 47 63 85 Ashtead group 104 174 175 128 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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