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Executing for Growth and Returns

Industrial Outlook - Canada Canadian Industrial Spending Expected to grow 0.3% in 2017 2016 to 2017 Change Industrial Spend Forecast (USD) 3.3% Washington Cana 14.0% -7.4% -5.6% North Dakota Montana Minnesota South Dakota Oregon Idaho Wyoming lowa Wisconsin 11.0% -27.7% -2.0% 10.4% 8.0% 1.0% $111B $103B $103B $91B $91B Michigan New York Vermont 2016 2017 F 2018 F 2019 F 2020 F Industrial Manufacturing, O&G Pipelines, O&G Terminals, Chemical and Pharma Forecasted to See Most Growth in 2017 Source: Industrial Information Resources (July 2017) Note: Based on total project spending. Includes actual and forecasted impact of exchange rate from $CAD to $USD United Rentals Executing for Growth and Returns│ 13
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