United Rentals Financial Performance and Market Exposure

No maturities of long-term debt until 2023 ($M) $3,000 Total Liquidity of $1,432*** Fixed vs. Floating Ratio: 70%/30% $1,264 ABL Unused $2,548 $2,100 $998 Term Loan $1,100 $1,673 B 6.5% Senior $975 $1,736* ABL Used $750 4.625% Senior Unsecured Notes $1,000 $1,000 $850 Unsecured $125 A/R Unused Notes $850 A/R Securitization Used 4.625% Senior Secured Notes 5.75% Senior Unsecured Notes $800 5.5% Senior Unsecured Notes $1,000 5.875% Senior Unsecured Notes 5.5% Senior Unsecured Notes 4.875%** Senior Unsecured Notes 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Long-term debt maturities extend well into next decade Note: As of December 31, 2018. Principal amounts only, no discount, premium, or deferred financing included. *Includes $45M in Letters of Credit." **Comprised of two separate 4.875% notes, a note with $1,669 M principal amount and a note with $4M principal amount. ***Includes total cash, cash equivalents and availability under ABL and AR facilities. United Rentals 8 United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2018 United Rentals, Inc. All rights reserved. 41

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