Driving Digital Transformation and Shareholder Value

No long-term note maturities until 2025 ($M) Total Liquidity of $3.083B*** Fixed vs. Floating Ratio: 75%/25% 5000 4500 4000 $3,750 3500 3000 $2,535 2500 $2,508 Unused ABL Facility $2,100 2000 $985 Term Loan B 1500 $750 4.625% Senior $1,100 6.5% Senior Unsecured $1,750 $1,673 Notes $975 Unsecured 1000 $180 A/R Unused Notes $1,242* $1,000 $795 $800 5.875% Used ABL 500 A/R Facility 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 March 31, 2020. *Includes $52M 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 8 United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2020 United Rentals, Inc. All rights reserved. $1,500 $750 4.00% Senior Unsecured Notes $750 5.25% Senior Unsecured Notes 2030 39

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