2023 Investor Day Presentation

Prudent Capital Deployment Execution with Clear Priorities Organic Growth Invest in Growth . • Continued investment in GenRent and Specialty to support customers Targeting 40+ specialty cold-starts in 2023 vs. 35 in 2022 M&A Return Excess Cash to Investors Dividends • Initiated dividend program in 1Q2023 . • Current quarterly dividend of $1.48; initial annualized yield of 1.5% Current yield 1.7% (1) Share Repurchases . Focus on risk-adjusted returns across both GenRent and Specialty . Current authorization: $1.25B share repurchase program • Supports our "Grow, Deepen and Expand" strategy • 2023 Plan: Expect to repurchase $1.0B of common shares Balance sheet provides the flexibility to pursue strategic opportunities • Since 2012, the company has returned approximately $5.0B of excess cash to shareholders via share repurchases, reducing its outstanding share count by ~40% at an internal rate of return of over 20% (2) Disciplined Capital Allocation Approach Drives Outsized Shareholder Returns (1) Based on URI closing share price on May 19, 2023. (2) Reflects period between 2012 and through 2022. United Rentals® Work United® 2023 Investor Day | 86

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