First Quarter 2018 Investor Conference Call in Euros

The first quarter 2018 financial results conference call was held on June 5, 2018, and at that time, all figures were presented and discussed in USD. Given that for the second quarter of 2018, we will begin reporting in euros, we have recast the first quarter 2018 slide presentation in euros as an additional reference point for the investor community. Though please note, there are no accompanying first quarter 2018 financial statements in euros only the USD version posted on our website. First Quarter 2018 Investor Conference Call in Euros June 5, 2018

Safe Harbor Basis of Presentation Unless otherwise noted or unless the context otherwise requires, all references to we, us, our, AS, Algeco, the Group and the Company refer to Algeco Global S.à r.l., a limited liability company incorporated under the laws of Luxembourg, together with its subsidiaries. As used in this presentation, Europe means our operations within various countries in Europe, Asia Pacific or APAC means Australia, New Zealand, and China, and North America means the United States ( US ) and Canada. Unless otherwise noted or unless the context otherwise requires, all amounts are presented in Euros ( EUR ). Use of Non-GAAP Financial Measures This presentation includes certain financial measures not calculated and presented in accordance with U.S. Generally Accepted Accounting Principles ( GAAP ), including, but not limited to, EBITDA, Adjusted EBITDA, Adjusted Gross Profit, and certain ratios and other metrics derived therefrom. These non-gaap financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing our financial condition and results. Therefore, these measures should not be considered in isolation or as alternatives to net income, cash flow from operations or other measures of profitability, liquidity or performance under GAAP. These measures may not be comparable to similarly-titled measures used by other companies. A reconciliation of each non-gaap financial measure to the most comparable GAAP financial measure is included in an appendix to this presentation. Use of Constant Currency Results We believe that currency exchange rates are an important factor in understanding period-to-period comparisons of our financial results. Accordingly, we present financial results on a constant currency basis in addition to our reported actual currency results. Constant currency information compares results between periods as if exchange rates had remained constant period-over-period. Unless stated otherwise, in this presentation, we calculate constant currency results by calculating prior year results using current-year currency exchange rates. We generally refer to such amounts as excluding or adjusting for the impact of foreign currency or being on a constant currency basis. These constant currency results should be considered in addition to, as opposed to as a substitute for, our actual currency results. Constant currency results, as we present them, may not be comparable to similarly titled measures used by other companies and are not measures of performance presented in accordance with GAAP. 2

Safe Harbor Forward-Looking Statements This presentation contains forward-looking statements, which reflect industry outlook, our expectations regarding our future growth, results of operations, operational and financial performance, liquidity and capital resources, capital expenditures and investments, strategic transactions, business prospects and opportunities, challenges and future events. All statements other than statements of historical fact are forward-looking statements. Words such as, but not limited to, anticipate, continue, estimate, expect, may, might, will, project, should, would, believe, intend, continue, could, plan, predict, and negatives of these words and similar expressions are intended to identify forwardlooking statements. In particular, statements about our expectations, beliefs, plans, objectives, assumptions or future events or performance contained in this presentation are forward-looking statements. Although the forward-looking statements contained in this presentation reflect management s current beliefs based upon information currently available to management and upon assumptions which management believes to be reasonable, actual results or events may differ materially from those stated in or implied by these forward-looking statements. A number of factors could cause actual results, performance, events or achievements to differ materially from the results expressed or implied in the forward-looking statements. Readers should not place undue reliance on the forward-looking statements. Forward-looking statements necessarily involve significant known and unknown risks, assumptions and uncertainties that may cause our actual results, performance, events and achievements in the future periods to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that the results performance, events or achievements contemplated in the forward-looking statements will be realized. We cannot assure you that forward-looking statements will prove to be accurate, as actual actions, results and future events could differ materially from those anticipated or implied by such statements. All future written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. These forward-looking statements are made only as of the date of this presentation and, except as required by law, we undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This presentation should be read together with our December 31, 2017 and March 31, 2018 consolidated financial statements and the notes thereto and our managements discussion and analysis of financial condition and results of operations covering our results presented in such financial statements and the risk factors described therein. Note Regarding Parent Entity Financial Statements and Reconciliations. As permitted by the indentures governing the New Notes, Algeco Investments B.V. has elected to provide in this report consolidated financial information of Algeco Global S.à r.l., as a parent entity, in lieu of consolidated financial statements of Algeco Investments B.V. 3

Introduction & Recent Events On February 15, 2018, Algeco closed its notes offering which concluded a comprehensive refinancing of Algeco s balance sheet reducing overall debt by ~$270m and resulting in pro forma total adjusted net leverage of 5.5x (1) Our European sale-leaseback facility has been extended to mid-december 2018 In May 2018, we appointed Andrew Tyler as chief executive of our European operations; Andrew is the former chief executive of Northrop Grumman s European business and also previously served as the head of weapons buying at the U.K. Ministry of Defense On June 1 st, 2018, James O Malley, the former European General Counsel, was appointed Group General Counsel following the concurrent retirement and resignation of Azuwuike Ndukwu On June 4 th, 2018, Bruce Melizan was appointed Chief Operating Officer of our European operations; prior to joining Algeco, Bruce ran the Support Service Division at Interserve plc (1) Based on LTM Sep-17 Run-rate Adj EBITDA of 298.4m and pro forma adjusted net debt of 1,650.2m per the final offering memorandum 4

Algeco at a Glance Leader in European modular space business solutions (1) >4x larger than #2 player in Europe (1) Leading Position in North America and APAC for selected markets (2) ~244,000 Modular Units ~11,700 Rooms >41,000 Customers ~ 2.0bn Fleet Gross Book Value > 25% IRR per annum (3) Enhanced IRR incl. VAPS 360 Source: Company information and third party industry reports. (1) Based on installed fleet. (2) For outsourced Remote Accommodation Solutions. Based on installed fleet.. (3) Assuming 25 years useful economic life. 5

Company Snapshot Global Presence Well-Diversified Business Europe North America Revenue By End-Market (2) Construction 31% Energy and Natural Resources 14% Asia Pacific Public Administration 25% Industries and Services 30% Global presence operations in Europe, North America & APAC providing a compelling mix of Modular Space and Remote Accommodation Business Solutions Adj EBITDA By Geography (3) North America 22% Comprehensive footprint 167 branches and 22 camps in 24 countries Diverse and recurring customer base top 20 customers account for ~30% (1) of leasing & services revenue with an average tenure of 5 years Europe 70% Asia Pacific 8% (1) Based on LTM Q1 2018 Leasing & Services Revenue (2) Based on LTM Q1 2018 Total Revenue (3) Based on LTM Q1 2018 Adj. EBITDA before headquarter costs and intercompany eliminations Market Leader with a Diverse Revenue Base 6

Strategic Priorities Revenue Optimize pricing globally and increase the amount and percentage of revenue contribution from value added products and services ( VAPS ) Increase Leasing & Services revenue in all markets Profitability Bring out of term pricing in line with market rates Increase utilization globally Continue focus on managing costs and improving efficiencies Capital Discipline Manage capital aggressively Invest in markets demonstrating organic growth In markets that have weak economies, constrain capital investment, and generate free cash flow 7

Agenda I) Q1 2018 Financial Results II) III) Closing Comments Questions & Answers 8

Q1 2018 Highlights Q1 Adjusted EBITDA of 56.9m at Reported FX rates Adj. EBITDA at Constant Currency FX up 13.1m or 30.0% from Q1 2017 Adj. EBITDA at Reported FX up 11.7m or 26.0% from Q1 2017 Q1 Adjusted EBITDA increase at Constant Currency FX driven by the following factors: Increased Leasing & Services volume in Europe, North America, and Asia Pacific Higher New Sales profit margins in Asia Pacific Q1 Adjusted EBITDA includes 5.4m of non-recurring project costs related to the Touax integration and other discrete projects that will be completed this year Excluding these projects Underlying EBITDA would have been 62.3m and up 18.5m over Q1 2017 (at Constant Currency) 9

Q1 2018 Highlights Revenue Overall Q1 revenue up ~19% over prior year driven by increased Modular Space growth in Europe and Asia Pacific, and higher N.A. Remote Accommodations volume Modular Space pricing down ~2.6% versus prior year as increases in Asia Pacific were offset by a decrease in Europe associated with the inclusion of Touax related units; excluding Touax related units, pricing would have increased ~3% VAPS revenue grew ~15% to ~ 32m over prior year as VAPS revenue per unit decreased by ~8% primarily driven by the inclusion of Touax related units; excluding the Touax units, VAPS revenue per unit would have increased ~5% Profitability Utilization increased 150bps from prior year to 80.0% driven by increases in France, Germany, and Asia Pacific SG&A increased 14.1m versus prior year driven by non-recurring project costs in Europe, the inclusion of Touax, and volume related increases in North America Adj. EBITDA increased 13.1m over prior year driven by higher Leasing and Services and New Sales volume in Europe, increased N.A. Remote Accommodations volume, and higher margins in Asia Pacific; partially offset by increased SG&A Capital Discipline Continued managing capital aggressively Q1 2018 Gross CapEx increased ~ 13m versus prior year driven by North America camp expansions in the U.S. Permian Basin, and increased fleet purchases in Asia Pacific; partially offset by reduced investment in Europe 10

Modular Space Avg. Rental Rate All quarters presented in at Q1 2018 Reported FX Rates Average Modular Monthly Rental Rate Average VAPS Revenue Per Unit 170 100 160 150 140 146 144 142 147 149 150 147 148 149 80 60 60 54 55 65 65 67 64 61 61 130 40 120 110 20 100 - Q1 2018 decrease in Avg. Monthly Rental Rate and VAPS Revenue per Unit driven by the inclusion of Touax related units in Europe 11

Modular Space Avg. Rental Rate All quarters presented in at Q1 2018 Reported FX Rates Average Modular Monthly Rental Rate Europe Average VAPS Revenue Per Unit Europe 150 140 130 138 135 134 140 142 139 140 140 137 80 60 52 56 53 63 57 65 62 61 60 120 110 40 100 20 Europe excl. Touax (1) Europe excl. Touax (1) 150 140 130 140 138 135 140 137 142 139 140 140 80 60 52 63 56 63 65 62 61 57 60 120 110 40 100 20 (1) As we are currently in the process of integrating the Touax fleet on a country by country basis, the Europe excluding Touax # s are estimates 12

Modular Space Avg. Rental Rate All quarters presented in at Q1 2018 Reported FX Rates Average Modular Monthly Rental Rate Average VAPS Revenue Per Unit Asia Pacific Asia Pacific 300 250 200 259 258 244 246 230 233 232 240 240 130 110 90 70 102 90 67 100 102 101 85 81 74 150 50 100 30 13

Modular Space - Utilization Avg. Modular Fleet Utilization % Avg. Modular UoR (# of Units) (1) 84% 200 195.3 82% 80% 78% 76% 74% 75.7% 78.5% 80.0% 80.6% 79.5% 80.3% 82.0% 79.5% 81.5% 190 180 170 160 150 154.9 153.0 172.5 164.2 159.8 157.5 159.1 156.9 72% 140 70% 130 (1) (Units in 000 s) Excluding the Touax related units in Europe, Avg Modular UoR would have increased ~6,100 units over Q1 2017 14

Modular Space - Utilization All quarters presented in at Q1 2018 Reported FX Rates Avg. Modular Fleet Utilization % Avg. Modular UoR (# of Units) 85% 83% 81% 79% 77% 80.3% 79.1% 78.1% Europe 82.5% 81.5% 80.8% 81.2% 81.9% 80.3% 200 190 180 170 160 150 140 180.5 141.8 141.7 Europe 157.7 145.5 145.9 149.5 146.9 144.2 75% 130 Europe excl. Touax (1) Europe excl. Touax (1) 83% 81% 79% 79.1% 78.1% 81.0% 81.2% 80.8% 82.5% 81.5% 80.3% 82.0% 150 140 141.8 141.7 146.2 149.5 149.1 145.5 145.9 146.9 144.2 77% 75% 130 73% 120 (1) As we are currently in the process of integrating the Touax fleet on a country by country basis, the Europe excluding Touax # s are estimates 15

Modular Space - Utilization All quarters presented in at Q1 2018 Reported FX Rates Avg. Modular Fleet Utilization % Avg. Modular UoR (# of Units) Asia Pacific Asia Pacific 80% 75% 70% 65% 63.0% 72.1% 77.0% 66.7% 75.2% 68.7% 77.1% 77.4% 70.7% 15 10 13.1 11.2 14.8 13.9 14.7 14.8 11.9 12.3 12.7 60% 5 55% 50% - 16

Remote Accommodations All quarters presented in at Q1 2018 Reported FX Rates Average Daily Rate Average Rooms on Rent (1) 100 80 60 86 87 87 69 70 70 68 69 66 7 6 5 4 4.9 4.6 6.3 5.2 5.9 4.7 4.7 4.5 6.2 40 3 20 2 1 0 0 (1) (Rooms in 000 s) Q1 2018 increase in Avg. Daily rate and Rooms on Rent is driven by increased volume in the U.S. Permian Basin 17

Remote Accommodations All quarters presented in at Q1 2018 Reported FX Rates Average Daily Rate Average Rooms on Rent (1) North America North America 150 130 110 90 70 50 30 10-10 95 94 93 67 69 69 71 70 70 6 5 4 3 2 1 0 3.8 5.0 4.8 4.5 4.0 3.5 3.5 3.5 3.4 Asia Pacific Asia Pacific 80 60 40 63 57 68 64 75 70 66 65 64 2 1 1.3 1.1 1.1 1.1 1.2 1.2 1.4 1.4 1.1 20 0 0 (1) (Rooms in 000 s) 18

Q1 2018 Financials (in EUR at Constant Currency) Leasing & Services revenue was up 36.0m due to increased Modular Space in Europe and Asia Pacific, and higher Remote Accommodations in both North America and Asia Pacific New Units Sales increased 4.3m as increase volume in Europe was partially offset by declines in Asia Pacific; Rental Units Sales were down slightly Adjusted Gross Profit % increased 380bps driven by Asia Pacific and North America SG&A increased 14.1m driven by nonrecurring project costs in Europe, the inclusion of Touax, and volume related increases in North America Adj. EBITDA increased 13.1m driven by strong Leasing and Services and New Sales growth in Europe, increased North America Remote Accommodations volume, and higher margins in Asia Pacific; partially offset by increased SG&A ( in millions) 2017 2018 Y-o-Y Y-o-Y % - Modular Space Leasing 97.1 117.5 20.4 21.0% - Modular Space Delivery & Install 34.9 39.1 4.2 12.2% - Remote Accommodations 28.2 39.6 11.4 40.6% Leasing & Services Revenue 160.2 196.2 36.0 22.5% - New Units 41.7 46.0 4.3 10.3% - Rental Units 3.5 2.5 ( 1.1) (30.2%) Sales Revenue 45.2 48.5 3.2 7.2% Total Revenue 205.4 244.7 39.3 19.1% Adjusted Gross Profit (1) 94.0 121.2 27.3 29.0% Adjusted Gross Profit % (1) 45.8% 49.6% 380bps SG&A (2) 50.2 64.4 ( 14.1) (28.1%) Adjusted EBITDA 43.8 56.9 13.1 30.0% Adjusted EBITDA % 21.3% 23.3% 200bps (1) Excludes depreciation on rental equipment (2) Excludes sponsor fees and other non-recurring items Q1 19

Europe Overview (in EUR at Constant Currency) Economic conditions positive Revenue Adjusted EBITDA Revenue Leasing & Services revenue increased 36.0m driven by the inclusion of Touax, and higher units on rent and VAPS volume throughout most of Europe 220 110 129.8 162.3 60 30 38.0 40.8 Avg. Rental Rates were negatively impacted by the inclusion of Touax units; excluding Touax units, rates would have increased ~2% driven by higher rates in the majority of European countries New Sales revenue increased 9.5m driven by higher volumes in France, Germany, and the U.K; partially offset by the timing of Rental Unit Sales revenue ( 0.7m) 0 Q1 2017 Q1 2018 50 25 23.8 CapEx 0 17.6 Q1 2017 Q1 2018 Adjusted EBITDA Increased 2.8m driven by increased Modular Space and New Sales volumes across most of Europe; partially offset by higher SG&A associated with the inclusion of Touax and nonrecurring project costs CapEx Decrease primarily a result of the inclusion of recently acquired Touax units; otherwise, stable investment in most countries 0 Q1 2017 Q1 2018 Q1 2017 Q1 2018 Q1 2018 Excl. Touax (1) Average Modular Units on Rent (#) 141,742 180,548 146,240 Average Modular Utilization 79% 80% 81% Avg. Modular Monthly Rental Rate ( ) at CC 138 134 141 Avg. VAPS Revenue Per Unit ( ) at CC 56 54 62 (1) As we are currently in the process of integrating the Touax fleet on a country by country basis, the Europe excluding Touax # s are estimates 20

Europe Segments (in EUR at Constant Currency) (EUR in millions) Financial Metrics (1) Q1 2017 Q1 2018 Revenue Adj. EBITDA Gross CapEX Revenue Adj. EBITDA Gross CapEX UK 39.9 6.3 5.8 40.1 7.6 4.3 France 40.7 14.2 11.3 53.5 16.0 8.8 Germany 27.1 11.6 2.9 35.5 13.4 1.4 East/North/South Europe ("ENSE") 29.8 5.9 3.8 38.4 9.2 3.1 Europe - Underlying 129.8 38.0 23.8 162.3 46.1 17.6 Non-Recurring Project Costs ("NRP") Touax Integration (2.1) Discrete Projects (3.1) Europe - Total (2) 129.8 38.0 23.8 162.3 40.8 17.6 Fleet Statistics Q1 2017 Q1 2018 Avg UoR Avg. Util % ARR ( ) Avg UoR Avg. Util % ARR ( ) UK 30,765 73% 175 29,635 71% 180 France 42,323 83% 141 56,269 83% 136 Germany 30,510 81% 140 40,718 82% 133 ENSE 38,145 79% 103 53,926 82% 106 Europe - Total 141,742 79% 138 180,548 80% 134 (1) As we are still finalizing our reporting segments, the above results by segment are preliminary and subject to change; additionally, as of Q1 2018, we have consolidated both the U.S. and Europe corporate costs centers into a new corporate entity, and as such, we have adjusted historical Europe and Corporate figures to reflect this change (2) Total Revenue is shown net of intercompany eliminations 21

Europe Q1 2018 EBITDA Growth (in EUR at Constant Currency) (EUR in millions) 50 45 40 38.0 3.3 1.7 1.7 1.3 46.0 5.4 40.6 35 30 25 20 15 10 5 - Q1 2017 Adj. EBITDA ENSE Germany France UK Q1 2018 Underlying EBITDA NRP Costs Q1 2018 Adj. EBITDA 22

North America Overview (in EUR at Constant Currency) Improving oil and gas sector demand driving growth and increased investment Revenue Remote Accommodations revenue increased 9.7m driven by increases in core oil and gas related camps, camp expansions, and the inclusion of Iron Horse Ranch The impact of the Q4 2016 South Texas Family Residential Center contract extension are now behind us, and earnings are currently expected remain stable Remote Accommodations Avg. Rooms on Rent and Daily Rate increases due to higher oil and gas related utilization in the U.S. Permian Basin Adjusted EBITDA Increased 5.6m driven by higher oil and gas related Remote Accommodations volume; partially offset by volume related SG&A increases ( 0.7m) CapEx Increase driven by camp expansions in the U.S. Permian Basin (Texas) 50 25 0 Revenue 31.4 21.7 Q1 2017 Q1 2018 30 15 0 Adjusted EBITDA 20 15.3 9.7 10 0 Q1 2017 Q1 2018 CapEx 19.4 1.8 Q1 2017 Q1 2018 Q1 2017 Q1 2018 Avg. Remote Accom Rooms on Rent (#) 3,517 4,967 Avg. Remote Accom Utilization 48% 59% Avg. Remote Accom Daily Rate ( ) at CC 67 69 23

Asia Pacific Overview (in EUR at Constant Currency) Energy and natural resources sector showing positive signs, new sales business stabilizing Revenue Leasing & Services revenue increased 2.6m due to higher Modular Space ( 0.9m) and Remote Accommodations ( 1.7m) Revenue Units on Rent are increasing in all regions (Australia, New Zealand, and China); higher rental rates driven by continued recovery in Australia New Sales revenue decreased 5.2m due to lower Australia volume; Rental Unit Sales decreased 0.4m 80 40 0 Revenue 53.9 50.9 Q1 2017 Q1 2018 10 5 10 5 0 CapEx 5.1 2.7 Adjusted EBITDA 7.1 1.4 Q1 2017 Q1 2018 Adjusted EBITDA Increased 5.8m driven by increased Leasing and Services volume and improving margins across Asia Pacific; partially offset by lower Rental Unit Sales CapEx Continued moderate CapEx investment in Australia, New Zealand, and China as market continues to recover 0 Q1 2017 Q1 2018 Q1 2017 Q1 2018 Average Modular Units on Rent (#) 13,148 14,777 Average Modular Utilization 72% 77% Avg. Modular Monthly Rental Rate ( ) at CC 230 244 Avg. Remote Accom Rooms on Rent (#) 1,132 1,331 Avg. Remote Accom Utilization 39% 46% Avg. Remote Accom Daily Rate ( ) at CC 63 68 24

Adjusted EBITDA (in EUR at Reported Currency) (EUR in millions) 350 300 298 250 215 222 230 248 253 200 150 100 50 0 LTM 9/30/17 LTM 11/30/17 FY 17 LTM 3/31/18 LTM 3/31/18 Underlying (1) LTM 9/30/17 Run-Rate (per OM) (2) Tracking as planned towards the LTM 9-30-17 Run-Rate Adj EBITDA presented in the notes offering memorandum (1) LTM 3/31/18 Underlying EBITDA is defined as LTM 3/31/18 Adjusted EBITDA excluding the 5.6m million of non-recurring project costs in Europe (2) Run-Rate Adjusted EBITDA as calculated and presented in the final notes offering memorandum 25

Disciplined Capital Management (EUR in millions at Constant Currency) Gross CapEx up ~ 13m or ~45%, driven by the following: North America Remote Accommodations camp expansions in the Permian Basin (Texas) Increased new modular fleet investment in Asia Pacific driven by continued increasing utilization in Australia and New Zealand Decreased investment in Europe primarily a result of the inclusion of recently acquired Touax units; otherwise, stable investment in most countries to support increasing utilization Capital investments are supported by long term customer contracts Net CapEx: 25.4m Gross CapEx: 28.9m Net 2.7 23.8 Capital Expenditure by Region 0.5 1.8 Net Net CapEx: 39.8m Gross CapEx: 42.2m 5.1 19.4 17.6 (3.5) (2.5) Q1 2017 Q1 2018 0.1 Gross CapEx: Corporate Asia Pacific North America Europe Global proceeds from Used Unit Sales 26

Algeco Net Debt Structure As of March 31, 2018 (EUR in millions at Reported Currency FX) 3-31-18 Completed balance sheet refinancing in Q1 2018 Cash and Cash Equivalents (89) Asset Based Loan Revolver (ABL) (L+275) 161 Other Debt, including Capital Leases 114 Senior Secured Notes (6.5/8.0/FRN%) 1,170 Total Net Senior Secured Debt 1,356 Senior Notes (10.00%) 245 Total Net Debt 1,601 ABL availability as of March 31, 2018 was approximately 92m Annual cash interest expense as of March 31, 2018 is approximately 110m 27

Key Credit Highlights 1 Global Presence with Significant Scale Advantages 2 Hard-to-Replicate Network Footprint 3 Recurring and Diverse Revenue and Profit Streams 4 Attractive Returns on Long-Lived Assets 5 Growing High-Margin Service Offering 6 Resilient Cash Generation with Flexible Capex 7 Favourable Growth Trajectory in Europe 28

Closing Comments Touax integration update Update on USD to EUR conversion and segment reporting 2018 focus and expectations 29

Questions & Answers 30

Appendix 31

Foreign Exchange Exposure Avg. Reported FX Rates Local to EUR Q1 2017 Q1 2018 % Chg USD 0.94 0.81 (13%) AUD 0.71 0.64 (10%) GBP 1.16 1.13 (3%) Q1 FX Impact by Currency EUR millions EBITDA Gross Capex Net USD (1.5) 0.3 (1.2) AUD (0.1) 0.2 0.1 GBP (0.2) 0.2 (0.0) Other 0.3 0.1 0.4 Total (1.4) 0.7 (0.7) 32

Q1 2018 Financials (in EUR at Reported Currency FX) ( in millions) 2017 2018 Y-o-Y Y-o-Y % - Modular Space Leasing 99.1 117.5 18.4 18.5% - Modular Space Delivery & Install 36.1 39.1 3.0 8.3% - Remote Accommodations 32.2 39.6 7.4 22.9% Leasing & Services Revenue 167.4 196.2 28.8 17.2% - New Units 44.6 46.0 1.4 3.2% - Rental Units 3.7 2.5 (1.2) (33.0%) Sales Revenue 48.2 48.5 0.2 0.5% Total Revenue 215.6 244.7 29.0 13.4% Adjusted Gross Profit (1) 97.4 121.2 23.9 24.5% Adjusted Gross Profit % (1) 45.2% 49.6% 440bps SG&A (2) 52.2 64.4 (12.1) (23.2%) Adjusted EBITDA 45.2 56.9 11.7 26.0% Adjusted EBITDA % 20.9% 23.3% 230bps (1) Excludes depreciation on rental equipment (2) Excludes sponsor fees and other non-recurring items Q1 33

Quarterly Financial Highlights (in EUR at Actual Currency FX) (1) ( in millions) Revenue 1Q17 2Q17 3Q17 4Q17 FY 2017 1Q18 Europe* 130.8 148.6 168.8 169.8 618.0 162.3 North America 25.0 28.3 32.2 32.7 118.2 31.4 Asia Pacific 60.0 57.9 54.6 58.5 230.9 50.9 Algeco Group 215.6 234.7 255.4 261.5 967.1 244.7 Adj. EBITDA 1Q17 2Q17 3Q17 4Q17 FY 2017 1Q18 Europe* 38.0 45.2 50.8 48.8 182.9 40.6 North America 11.2 12.7 14.3 16.6 54.8 15.3 Asia Pacific 1.5 4.7 4.7 5.1 16.0 7.1 Corporate* (5.6) (5.6) (6.5) (6.0) (23.8) (6.4) Algeco Group 45.2 57.0 63.3 64.5 229.9 56.9 CAPEX 1Q17 2Q17 2Q17 4Q17 FY 2017 1Q18 Europe* 24.0 35.2 34.4 21.4 115.0 17.6 North America 2.1 1.8 2.2 9.2 15.3 19.4 Asia Pacific 3.0 4.0 4.1 4.5 15.6 5.1 Corporate* 0.4 0.3 0.1 0.2 1.1 0.1 Algeco Group 29.6 41.3 40.9 35.3 147.0 42.2 * As of Q1 2018, we have consolidated both the U.S. and Europe corporate costs centers and we have adjusted historical figures to reflect this change; by YE 2018, all corporate costs will reside in Europe (1) All figures are unaudited estimates based on actual FX rates for each period and they are subject to change when we make the official conversion from USD to Euro later this year 34

Quarterly Modular Fleet Statistics (in EUR at Reported Currency FX) 1Q 2017 2Q 2017 3Q 2017 4Q 2017 FY 2017 1Q 2018 Europe Avg. Units on Rent 141,742 145,859 149,485 157,709 148,905 180,548 Avg. Total Fleet 179,183 179,605 181,086 192,575 183,739 224,888 Avg. Utilization % 79.1% 81.2% 82.5% 81.9% 81.0% 80.3% ARR ( ) 139 142 141 138 140 134 VAPS ARR ( ) 56 64 65 61 60 53 Asia-Pacific Avg. Units on Rent 13,148 13,946 14,680 14,807 14,116 14,777 Avg. Total Fleet 18,243 18,555 19,032 19,120 18,727 19,189 Avg. Utilization % 72.1% 75.2% 77.1% 77.4% 75.4% 77.0% ARR ( ) 257 249 243 244 248 244 VAPS ARR ( ) 113 91 85 76 91 67 Algeco Group Avg. Units on Rent 154,890 159,805 164,165 172,516 163,021 195,325 Avg. Total Fleet 197,426 198,160 200,118 211,694 202,466 244,077 Avg. Utilization % 78.5% 80.6% 82.0% 81.5% 80.5% 80.0% ARR ( ) 149 151 150 149 150 142 VAPS ARR ( ) 61 66 67 61 64 55 35

Quarterly R.A. Fleet Statistics (in EUR at Reported Currency FX) 1Q 2017 2Q 2017 3Q 2017 4Q 2017 FY 2017 1Q 2018 Asia-Pacific Avg RoR 1,132 1,248 1,376 1,379 1,273 1,331 Avg Available Rooms 2,909 2,884 2,879 2,881 2,890 2,884 Avg. Occupancy % 39% 43% 48% 48% 44% 46% Avg. Total Rooms 2,958 2,933 2,931 2,933 2,940 2,933 Avg. Daily Rate ( ) 70 80 69 65 72 68 Target Logistics Avg RoR 3,517 3,980 4,479 4,841 4,197 4,967 Avg Available Rooms 7,376 7,709 7,921 8,348 7,844 8,378 Avg. Occupancy % 48% 52% 57% 58% 54% 59% Avg. Total Rooms 7,556 7,899 8,118 8,557 8,038 8,614 Avg. Daily Rate ( ) 78 77 74 73 75 69 Algeco Group Avg RoR 4,649 5,228 5,855 6,220 5,470 6,298 Avg Available Rooms 10,285 10,593 10,800 11,229 10,734 11,262 Avg. Occupancy % 45% 49% 54% 55% 51% 56% Avg. Total Rooms 10,514 10,832 11,049 11,490 10,978 11,547 Avg. Daily Rate ( ) 76 78 73 71 75 69 36

Reconciliation of Adjusted EBITDA (EUR in millions at Reported Currency FX) Algeco Group Adjusted EBITDA Q1 2017 Q1 2018 LTM Q1 2018 Net income before taxes 11.9 47.5 55.2 Interest expense, net 41.9 44.7 169.1 Depreciation and amortization 32.0 34.7 141.4 EBITDA 85.8 127.0 365.7 Currency (gains), net (39.3) (40.4) (123.4) Gain on extinguishment of debt - (37.6) (37.6) Restructuring costs 0.6 5.3 15.7 Sponsor management fees 1.6 - (1.6) Acquisition costs - 0.5 7.9 Other (income) expense (3.5) 2.1 14.9 Adjusted EBITDA 45.2 56.9 241.6 37

Reconciliation of Adjusted Gross Profit (EUR in millions at Reported Currency FX) Algeco Group Gross Profit Q1 2017 Q1 2018 Gross Profit 69.9 91.6 Depreciation of Rental Equipment 27.5 29.7 Adjusted Gross Profit 97.4 121.2 38

Algeco 901 S. Bond Street, Suite 600, Baltimore MD 21231 www.algecoscotsman.com DRAFT 5