1、1I 2023 United Rentals,Inc.All rights reserved.Second Quarter 2025 Investor Presentation2I Unless otherwise specified,the information in this presentation,including forward-looking statements,is as of our most recent earnings call held on July 24,2025.We make no commitment to update any such informa

2、tion contained in thispresentation.Certain statements in this presentation are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934,as amended,and the Private Securities Litigation Reform Act of 1995,known as thePSLRA.These statements can generally be i

3、dentified by the use of forward-looking terminology such as“believe,”“expect,”“may,”“will,”“should,”“seek,”“on-track,”“plan,”“project,”“forecast,”“intend”or“anticipate,”or the negative thereof orcomparable terminology,or by discussions of vision,strategy,outlook,targets or goals(including but not li

4、mited to our aspirational sustainability goals).These statements are based on current plans,estimates and projections,and,therefore,you should not place undue reliance on them.No forward-looking statement can be guaranteed,and actual results may differ materially from those projected.Factors that co

5、uld cause actual results to differ materially from those projectedinclude,but are not limited to,the following:(1)the impact of global economic conditions(including inflation,interest rates,supply chain constraints,tariffs,trade wars and sanctions),geopolitical risks(including risks related to inter

6、nationalconflicts)and public health crises and epidemics on us,our customers and our suppliers,in the United States and the rest of the world;(2)declines in construction or industrial activity,which can adversely impact our revenues and,becausemany of our costs are fixed,our profitability;(3)rates w