Issue of shares to EBT and Total Voting Rights

Ashtead Technology Holdings plc (AIM: AT.), a leading provider of subsea technology solutions to the global offshore energy sector, announces that it has allotted and issued 352,201 ordinary shares of 5 pence each in the capital of the Group (the "New Shares") to the Ashtead Technology Holdings plc Employee Benefit Trust ("EBT") in order to satisfy future exercises of awards granted to participants under the rules of the Group's Long Term Incentive Plan ("LTIP").

The EBT now holds an aggregate of 576,141 Ordinary Shares, representing 0.71 percent of the issued share capital of the Company.

In relation to above, Application has been made to the Financial Conduct Authority ("FCA") for the New Shares to be admitted to the Official List of the London Stock Exchange for the New Shares to be admitted to trading on its Main Market for listed securities. Admission is expected to take place at 8:00 a.m. on 23 March 2026.

Following Admission of the New Shares the Company will have 80,976,397 Ordinary Shares of 5 pence each in issue. There are no shares held in treasury. Therefore, following Admission of the New Shares the total number of voting rights in the Company will be 80,976,397 (the "Voting Rights Figure") and this Voting Rights Figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.