2023 Investor Day Presentation

Cash Flow: URI vs. S&P 500 Industrials FY13-FY22 AVG FCF Margin FY22 FY13-FY22 AVG Cash Conversion (1) FY22 1st Quartile 132.4% 1st Quartile 15.6% 14.9% 2nd Quartile 2nd Quartile 10.2% 9.3% 101.8% 84.8% 3rd 3rd Quartile Quartile 82.3% 4th Quartile 4th Quartile URI S&P 500 Industrials Median TRENCH SAFET Rentals United United Renta CH SA 79th Percentile 76th Percentile 93rd Percentile 46th Percentile (1) Free cash flow margin is calculated as free cash flow divided by total revenue. Cash conversion is calculated as free cash flow divided by net income. Free cash flow used in the charts above is defined as cash flow from operating activities less total, net, capital expenditures, which differs from URI's definition of free cash flow in order to maintain comparability across constituents. Data and percentiles shown on this page are based on information sourced from NASDAQ. ● United Rentals® Work United 個 ed als FETY United als 2023 Investor Day | 82

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