Q4 2023 Earnings Report

Our customers and the benefits of renting vs. owning Customer Mix* Why Customers Rent Instead of Buy Residential construction Multi-Family Industrial & Other . Conserve capital / focus on core business • The right equipment for any job/availability 46% Verticals 5% Power / Utilities • Manufacturing Downstream Metals & Mining Chemicals . Reliability/reduce downtime • Control expenses and inventory • Outsourced maintenance (labor) • Outsourced pick-up/delivery (labor) Non-residential 49% Food & beverage . Save on storage/warehousing construction Pulp & paper • Private non-res Oil & gas 24/7 customer care/support • Public non-res Infrastructure Disaster response • Save on disposable costs Entertainment • Manage risks: regulatory, obsolesce, etc. Biotech & Pharma Customers with diverse needs derive many benefits from renting *Based on 2023 rental revenue. United Rentals® Work United® | 12

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