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Investor Presentaiton

Driving and extending our competitive advantages Company transformed to be considerably more profitable and efficient Operations, technology and culture differentiate us, and make us far more agile Diversified end-market exposure across customers, verticals and geographies • Strong balance sheet and robust cash generation with disciplined approach to smart capital allocation provide powerful optionality Focused on balancing growth, margins, returns and FCF to maximize long-term value creation for our shareholders $ Leverage powerful cash flow; deliver industry leading returns 1 Maximize revenue potential with current & new customers Leverage growth through efficiency and productivity initiatives Operating model supports self-reinforcing growth, margins, returns and cash generation United Rentals® United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2018 United Rentals, Inc. All rights reserved. 12
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