Investor Presentaiton

Consensus forecast for U.S. construction put-in-place Percent Change Commercial Total Office Retail and Other Commercial Lodging/Hotel Industrial Total Institutional Total Healthcare Education Non-Residential Total Consensus High Consensus Low Year-over-Year 2020 2021 +0.6% -0.2% +3.0% +0.5% -1.3% -0.9% -0.7% -1.0% +0.3% +0.5% +2.9% +2.0% +3.4% +3.5% +3.9% +3.3% +1.5% +0.9% +3.4% +5.4% -0.6% -5.9% Growth expected through at least 2021 Source: American Institute of Architects (most recent forecast as of January 27, 2020). Note: Includes Dodge, IHS Economics, Moody's Economy, FMI, CMD, Associated Builders & Contractors, Wells Fargo Securities, and Markstein Advisors. United Rentals® United Rentals, Inc., 100 First Stamford Place, Stamford, CT 06902. 2020 United Rentals, Inc. All rights reserved. 16

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