Work United™ - M&A Strategy Review

Compelling financial opportunity Financial Profile . $1,000M 60% $887M $841M $842M $801 M 50% $750M 40% Key Highlights Core business well aligned with URI's General Rental business Strong business momentum in 2022 with significant margin potential 38.4% 37.7% $500M 35.2% 34.9% 30% • Meaningful opportunity for cost synergies. 20% $250M 10% Significant opportunity for cross-selling of United. Rentals' Specialty offerings Rapid integration will enable fleet sharing across the combined customer base 2019 2020 2021 LTM September 2022 Revenue Adj. EBITDA margin Substantial opportunity to improve the productivity and profitability of acquired assets (1) Adjusted EBITDA is a non-GAAP financial measure. See appendix to this presentation for a reconciliation between Ahern net income (loss) and Ahern adjusted EBITDA. United Rentals® WORK UNITED™ 8

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