FTSE COMPANY REPORT Share price analysis relative to sector and index performance Aggreko AGK Industrial Support Services — GBP 8.615 at close 18 June 2021 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 18-Jun-2021 18-Jun-2021 18-Jun-2021 9 170 180 1D WTD MTD YTD 160 170 Absolute -0.1 0.0 -0.1 37.6 8 Rel.Sector 1.2 -0.1 -0.3 24.7 150 160 Rel.Market 1.6 1.7 0.3 26.3 150 140 7 140 130 VALUATION 130 6 120 120 Trailing Relative Price Relative Relative Price Relative 110 110 5 PE -ve 100 Absolute Price (local (local currency) AbsolutePrice 100 EV/EBITDA 6.3 90 90 4 PB 1.9 80 80 PCF 5.2 3 70 70 Div Yield 1.7 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Price/Sales 1.6 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.4 100 90 90 Div Payout 0.0 90 80 80 ROE -ve 80 70 70 70 Index) Share Share Sector) Share - - 60 60 60 DESCRIPTION 50 50 50 40 40 The Company provides specialist power and 40 RSI RSI (Absolute) 30 30 temperature control rental services in two main 30 product areas, mobile electricity generators and 20 20 20 temperature control equipment. 10 10 10 RSI (Relative to FTSE UKFTSE All to RSI (Relative RSI (Relative to FTSE UKFTSE All to RSI (Relative 0 0 0 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Aggreko 18 June 2021 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 31-May-2021 31-May-2021 31-May-2021 25 7 3 +1SD 20 6 +1SD 2.5 Avg 15 5 Avg 2 +1SD 10 -1SD 4 -1SD 1.5 Avg -1SD 5 3 1 0 ‖ ‖ 2 0.5 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Network International Holdings 120.0 Diploma 35.0 Clipper Logistics 25.0 Essentra 120.0 Network International Holdings 33.4 FDM Group Holdings 12.3 Robert Walters 89.4 Pagegroup 24.2 MITIE Group 12.0 Diploma 72.9 FDM Group Holdings 21.6 Experian 11.0 PayPoint Speedy Hire 71.7 Electrocomponents 21.3 10.2 Industrial Support Services 5.1 Industrial Support Services 52.5 Industrial Support Services 13.3 Aggreko 1.9 RPS Group Mears Group -8.6 6.4 Mears Group 1.3 Aggreko -19.9 Aggreko 6.3 Equiniti Group 1.3 Inchcape -22.0 Speedy Hire 5.8 Costain Group 1.0 Pagegroup -120.0 Capita 4.2 RPS Group 0.8 Equiniti Group -120.0 Costain Group 0.0 Capita 0.0 -150 -100 -50 0 50 100 150 0 5 10 15 20 25 30 35 40 0 5 10 15 20 25 30 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 31-May-2021 31-May-2021 31-May-2021 10 6 2.5 9 8 5 +1SD 2 7 4 6 +1SD +1SD Avg 1.5 5 3 Avg Avg 4 -1SD -1SD 1 3 2 -1SD 2 1 1 0.5 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 DWF Group 61.9 FDM Group Holdings 4.7 Network International Holdings 10.0 Diploma 42.1 DWF Group 3.0 Diploma 6.7 Network International Holdings 26.3 PayPoint 2.7 Experian 6.0 Euromoney Institutional Investor 25.0 DCC 2.6 FDM Group Holdings 4.1 Electrocomponents 24.8 Robert Walters 2.3 Euromoney Institutional Investor 3.5 Industrial Support Services 12.7 Aggreko 1.7 Aggreko 1.6 Aggreko 5.2 Industrial Support Services 1.4 Industrial Support Services 1.3 RPS Group 3.2 Pagegroup 0.0 MITIE Group 0.4 Mears Group 2.2 Network International Holdings 0.0 Serco Group 0.4 Capita 1.7 IWG 0.0 Mears Group 0.3 Costain Group -3.4 Costain Group 0.0 Capita 0.2 De La Rue -26.1 Capita 0.0 Costain Group 0.2 -40 -30 -20 -10 0 10 20 30 40 50 60 70 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 0 2 4 6 8 10 12 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: Aggreko 18 June 2021 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 31-May-2021 31-May-2021 31-May-2021 0.58 80 15 0.56 70 +1SD +1SD +1SD 0.54 60 Avg 10 Avg 0.52 Avg 50 0.5 40 -1SD -1SD 0.48 30 -1SD 5 0.46 20 0.44 10 0.42 0 0 ‖ ‖ Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 Jun-2016 Jun-2017 Jun-2018 Jun-2019 Jun-2020 IWG 13.6 Essentra 100.0 MITIE Group 50.0 Clipper Logistics 7.6 Robert Walters 100.0 PayPoint 50.0 MITIE Group 5.0 PayPoint 99.3 Clipper Logistics 44.7 Rentokil Initial 3.0 Rentokil Initial 70.9 FDM Group Holdings 37.8 DWF Group 2.6 Intertek Group 69.0 Mears Group 32.4 Industrial Support Services 1.1 Industrial Support Services 68.3 Industrial Support Services 9.8 Aggreko 0.4 Serco Group Aggreko SThree 0.3 0.0 -8.9 Hays 0.3 RPS Group 0.0 RPS Group -8.9 FDM Group Holdings 0.2 Capita 0.0 Inchcape -12.0 Euromoney Institutional Investor 0.1 Aggreko 0.0 Costain Group -49.6 Diploma 0.1 Inchcape 0.0 IWG -50.0 0 2 4 6 8 10 12 14 16 0 20 40 60 80 100 120 -60 -40 -20 0 20 40 60 ROE vs. PB — sector Du Pont Analysis 25 2 12 CLG 10 1.5 20 8 1 15 6 PB FDM MTO EXPN 0.5 10 PAY 4 ITRK RTO IWG DPLM FERG 0 PAGENETW 2 5 Industrial SuppoECM DWF STEM HASDLAR INCH RWA ERM SRP AGK SDY GFTU DCC -0.5 0 EQNESNT MER ‖ COSTRPS 2017 2018 2019 2020 2021 0 0 10 20 30 40 50 60 Net Margin Asset Turnover Gearing ROE (rhs) ‖ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: Aggreko 18 June 2021 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity. Not calculated if Absolute Absolute graphs reflect performance for the stock in question for up to 366 days adjusted denominator (common equity) is negative for intervening corporate actions. EV to EBITDA EV to EBITDA is Enterprise Value divided by EBITDA (Earnings before Interest and Taxes, Relative Relative charts reflect the performance for the stock in question relative to the depreciation and amortisation). EV is full company Market Capitalisation at the data date corresponding sector of the FTSE All Share Index for up to 366 days, rebased to the start plus last annual net debt and Preferred Stock.