Investor Presentaiton

No maturities of long-term debt until 2025 ($M) Total Liquidity of $2.143B*** Fixed vs. Floating Ratio: 69%/31% 5000 4500 4000 $3,750 3500 3000 2500 $2,045 Unused ABL Facility $2,538 2000 $988 Term Loan B $2,100 1500 $750 4.625% Senior $1,100 6.5% Senior Unsecured $1,750 $1,673 Notes 1000 $1,705* Unsecured $46 A/R Unused Used ABL Notes $1,000 $929 Facility $800 5.875% 500 A/R Securitization Used 5.5% Senior Unsecured Notes Senior Unsecured Notes $750 3.875% Secured Notes $1,000 5.5% Senior Unsecured Notes 4.875%** Senior Unsecured Notes 0 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Long-term debt maturities extend well into the next decade Note: as of December 31, 2019. *Includes $56M in Letters of Credit. **Comprised of two separate 4.875% notes, a note with $1.669M principal amount and a note with $4M principal amount. ***Includes total cash, cash equivalents and availability under ABL and AR facilities. United Rentals® United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2020 United Rentals, Inc. All rights reserved. $750 5.25% Senior Unsecured Notes 2030 39

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