2022 Financial Outlook

ESG Highlights: Corporate Governance Corporate Governance Highlights Board Independence 8 of 10 Directors are independent Lead Independent Director Required committees are fully independent Other Board Highlights Separate Chair and CEO Annual election of Directors No hedging or pledging of company shares. Robust stock ownership guidelines Authority to retain outside advisors Director retirement age policy Director overboarding policy Diverse in gender, ethnicity, experience and perspectives Each committee is chaired by a woman or ethnically diverse director Board Performance • . • Risk oversight • Robust board evaluations Commitment to board refreshment Focus on management succession planning Shareholder Rights • • Proxy access Shareholder right to call special meetings Shareholder right to act by written consent • No poison pill . Simple majority voting requirements Annual election of all Directors Majority voting for Director elections Executive Compensation Overview CEO 14% 12% Base Salary Time-Based RSUs 17% Time-Based RSUs Non-CEO NEO Average -23% 2022 Annual Incentive Compensation Plan (AICP) Adjusted EBITDA 50% of AICP Profitability Economic Profit Improvement (EPI) 50% of AICP Board of Directors Overview The strength of our Board is highlighted by our directors' collective skills and expertise, as illustrated by the following list of aggregate prioritized director competencies: Key Characteristic / Experience / Skill Set Public Company CEO P&L Owner Financial Acumen & Capital Market Experience Digital Sales & Marketing Product Development & Distribution Rental Industry Capital Intensive Industry International Experience No. of Directors Possessing each Competency 3 4 ון E 7 The strength of our Board is further illustrated by the diversity and other characteristics of our directors: Overall Diversity Ethnic Diversity Gender Diversity Tenure Average Age Independence 58% Performance- Based RSUs 88% Variable Pay 16% ACIP 40% Performance- Based RSUs 77% Variable Pay Base Salary Metric: Weighting: Metric Focus Metric: Weighting Metric Focus: Discretionary Adjustment of 90-110% of Funding Based on Performance Against Predetermined ESG Factors: 20% ACIP Metric: Weighting Metric Focus: Metric: Weighting: Returns - Environment (GHG emissions intensity reduction) -Social (employee safety, diversity, retention and engagement) - Customer Sustainability (experience and digital adoption) - Individual Key Objectives (tied to area of responsibility and to include customer, digital and governance goals as appropriate) Long Term Incentive Plan (LTIP) Total Revenue 50% of LTIP Growth Metric Focus: Return on invested Capital |ROIC) 50% of LTIP Returns 2 3 3 4 6 7 7 60 years 6 8 ■Diverse* Not Diverse Eth. Diverse Not Eth. Diverse ■Female Male *Diverse represents our female directors and ethnically diverse directors. 0-6 years 7-10 years > 10 years Policies ensure alignment of interests between management and investors United Rentals® For additional details, see our 2022 Proxy Statement that can be found at www.ur.com. Information above reflects current Board members as of June 30, 2022. United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2022 United Rentals, Inc. All rights reserved. ■Independent Non-Independent 31

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