Work United™ - M&A Strategy Review

Overview of synergies and growth opportunity Identified Cost Synergies Cross-Sell Opportunity Overview $40M Branch Consolidation & Cost of Rental Synergies $5M URI targeting $60M of annual cross-sell rental revenue Specialty 28% SG&A Synergies $35M General Rental 72% Identified Synergies United Rentals® WORK UNITED™ URI Customers' 2021 Total Revenue Breakdown Opportunity to cross-sell URI'S Specialty offering Ahern's primary offering 9

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