Executing for Growth and Returns

Billions Industrial Project Pipeline Projects with targeted start date in next 12 months $700 Value of Capital Projects $600 $500 $400 $300 $200 $100 $0 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Billions $16 $14 $12 $10 $8 EA LA LA Es 60 $0 $2 $4 $6 Value of Maintenance Projects Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Capital Project Pipeline Increasing Source: Industrial Information Resources (July 2017) Project pipeline includes all active projects with a target start date in the following 12 months (all phases of planning) United Rentals Executing for Growth and Returns│ 14

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