Investor Presentaiton

Strategic evolution over 20+ years 1997-2008 Become a market leader URI 1997: Founded / IPO United Rentals, Inc. ✓ 1998-2001: Becomes the largest equipment rental company in North America through ~250 acquisitions 2009-2013 Optimize scale, diversify, and drive profitable growth United Rentals 2009: Increased focus on customer service and improving returns through financial and operating discipline 2009-2011: Introduction of Operation United; focused on process improvements to streamline branch operations & logistics RSC 2012-2013: Acquisition and integration of RSC 2002-2008: Strong organic growth in powerful up cycle Equipment Rental 2014-present Building on and transforming the Core Rentals NEFF BlueLine Rental Continued build-up of GenRent platform Increased focus on Specialty business to increase returns Cand reduce volatility through BAKER.DEP United Academy' O CAMBIUM cross-selling Development of services businesses and solutions to increase customer relevance and competitive differentiation Launch of digital capabilities to better serve customers and support internal efficiency United Rentals® United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2018 United Rentals, Inc. All rights reserved. 18

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