2022 Financial Outlook

Record of value creation through M&A RSC (2012) Size: $4.2B transaction value (cash and stock) Type: 'Grow-the- core' gen rent acquisition Rationale: Positions URI as leader in North American rental industry Value: Targeted $200M cost savings from branch consolidation and overhead rationalization • Exceeded initial cost savings estimates - Raised target to $230M - $250M • • National Pump (2014) Size: $780M transaction value (cash) Type: Specialty adjacency in the pump rental sector Rationale: Expand offerings in higher margin / return assets Value: Delivered on growth thesis by capitalizing on cross-selling opportunity Secured foothold in energy-related end markets Strongly diversified into core construction and industrial markets • NES (2017) Size: $965M transaction value (cash) Type: 'Grow-the- • core' gen rent acquisition Rationale: Strengthened aerial capabilities and added two-way cross-selling opportunities Value: Targeted $40M cost savings and $35M of revenue cross-sell opportunity Neff Rentals (2017) Size: $1.3B transaction value (cash) Type: 'Grow-the- core' gen rent acquisition Rationale: Introduced new dirt capabilities and expertise in infrastructure; provided two-way cross-selling opportunities Value: Targeted $35M cost savings and $15M of revenue cross-sell opportunity • BakerCorp (2018) Size: $720M transaction value (cash) Type: Specialty adjacency in the fluid control sector Rationale: Expand offerings in higher return and lower volatility assets Value: Targeted $19M cost savings and $60M of cross- sell revenue opportunity BlueLine (2018) Size: $2.1B transaction value (cash) Type: 'Grow-the- core' gen rent acquisition Rationale: Bolstered URI's position as a leader in the North American rental industry while also adding to presence with local and mid- sized customer segment Value: Targeted $45M cost savings and $35M of cross- sell revenue opportunity General Finance (2021) Size: $1.0B transaction value (cash) Type: Specialty adjacency in the mobile storage and portable office sector Rationale: Expanded product and solution offering via higher return and lower volatility assets while further differentiating URI's ability to provide one-stop shopping Value: Targeted $17M cost savings and $65M of revenue synergies With 20+ years of execution experience for ~300 transactions, team has successfully integrated assets in different environments and across the spectrum from bolt-ons to transformational United Rentals® United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902.2022 United Rentals, Inc. All rights reserved. 28

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