Executing for Growth and Returns

Generating Free Cash Flow* across Cycle $ Millions $574 $421 2013 2014 Actual $1,182 $919 $825-$925 2015 2016 2017F Forecast Strong Cash Generation Provides Ample Financial Flexibility *Excludes merger and restructuring cash payments. Merger and restructuring cash payments were $38M in 2013, $17M in 2014. United Rentals® Executing for Growth and Returns | 18

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