Executing for Growth and Returns

YOY Rental Rates 4.0% 3.0% 3.3% 2.4% 2.0% 1.0% 0.0% T T (1.0%) (2.0%) (3.0%) (4.0%) Jan-15 Feb-15 May-15 Mar-15 Apr-15 United Rentals® Jun-15 Aug-15 Jul-15 T Sep-15 1.6% 0.9% 0.1% Year over Year Rates Pro-Forma Year over Year Rates* (0.1%) (0.3%) (0.6%) (0.8%) (1.1%) (1.5%) (1.7%) (1.7%) (1.9%) (1.8%) (2.0%) (2.6%) (2.5%) (3.2%) Oct-15 Nov-15 Dec-15 Jan-16 May-16 Feb-16 Mar-16 Apr-16 Jun-16 *Pro forma results reflect the combination of United Rentals and NES Rentals for the relevant periods presented. The NES acquisition closed in April 2017. Rate Momentum Consistently Improved Since January 2017 T Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Executing for Growth and Returns 7 Feb-17 Mar-17 Apr-17 May-17 Jun-17

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