Ashtead Group Results Presentation Deck

SUMMARY ▪ Clear momentum, with strong positions in robust end markets ▪ The recent CHIPS Act and Inflation Reduction Act enhance and add clarity to an already strong construction market, flush with mega projects Supply constraints, inflation and skilled trade scarcity are agents of structural change and favour the larger providers ▪ Sunbelt 3.0 initiatives ahead of plan at mid-point Strong levels of bolt-on activity with good pipeline to supplement our organic growth plan Leverage towards the bottom of our target range ▪ The Board looks to the future with confidence and expects full year results ahead of our previous expectations 25 Half year results ¦ 31 October 2022 Ashtead group

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