911363AL3

• Net income of $753 million (17.1% margin); GAAP diluted EPS of $12.03; adjusted EPS of $12.76.
• Adjusted EBITDA of $2.056 billion (46.6% margin), up 13.6% year-over-year.
• Raised 2026 outlook: total revenue to $17.5–$17.8 billion and adjusted EBITDA to $7.975–$8.125 billion.
• Returned $998 million to shareholders year-to-date via $750 million buybacks and $248 million dividends.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• United Rentals, Inc., United Rentals (North America), Inc., and United Rentals Receivables LLC II entered into Amendment No. 18 to the Third Amended and Restated Receivables Purchase Agreement on June 18, 2026.
• Advances under the facility remain limited to the amount by which eligible receivables exceed outstanding loans, and receivables in the collateral pool are the sole source of repayment.
• The facility is subject to standard termination events, including change of control, payment failure, covenant breaches, or breach of URNA's credit facility financial ratio covenant.
• The company confirmed its performance undertaking originally given in May 2005 and amended in September 2012.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits

• At the May 8, 2026 annual meeting, shareholders elected all 11 director nominees for one-year terms.
• Advisory vote on executive compensation passed with 49,202,747 votes for and 2,769,358 against.
• A stockholder proposal on majority-vote director resignation was rejected (7,697,013 for, 44,238,324 against).
• Broker non-votes totaled 4,479,782 on director elections and the compensation proposal.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Net income was $531 million; GAAP diluted EPS was $8.43 and adjusted EPS was $9.71.
• Adjusted EBITDA was $1.759 billion at a 44.1% margin.
• Company raised 2026 total revenue guidance to $16.9-$17.4 billion and adjusted EBITDA to $7.625-$7.875 billion.
• Returned $500 million to shareholders via $375 million in buybacks and $125 million in dividends.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• United Rentals announced that CEO Matt Flannery and CFO Ted Grace will present at Citi's 2026 Global Industrial Tech and Mobility Conference on Tuesday, February 17, 2026.
• The presentation may include discussion of the company's business and forward-looking information.
• The disclosure was made under Item 7.01 Regulation FD and the press release is attached as Exhibit 99.1.
• The information is furnished, not filed, for SEC purposes and is not incorporated by reference into other filings.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Taussig will receive an annual retainer of $125,000 and an annual equity grant of $190,000 in fully vested restricted stock units, pro-rated for 2026.
• He is eligible for the company's medical benefits program at his own cost and the Deferred Compensation Plan for Directors.
• The company entered into an indemnification agreement with Taussig in its customary form.
• Taussig is a Board Partner at Lightspeed Venture Partners, with prior roles including Partner and Co-Head of the Consumer Practice.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Q4 net income was $653 million (15.5% margin); GAAP diluted EPS $10.27, adjusted EPS $11.09.
• Q4 adjusted EBITDA was $1.901 billion (45.2% margin).
• Full-year 2025 free cash flow was $2.181 billion; net cash from operations $5.190 billion.
• Company announced new $5 billion share repurchase program and 10% dividend increase to $1.97 per share.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• On December 1, 2025, United Rentals (North America), Inc. (URNA) completed a private placement of $1,500,000,000 aggregate principal amount of 5.375% Senior Notes due 2033.
• The Notes are senior unsecured obligations of URNA, guaranteed by United Rentals, Inc. and certain domestic subsidiaries, but not by foreign or unrestricted subsidiaries.
• URNA may redeem the Notes at specified prices starting November 15, 2028, with a make-whole premium available prior to that date, and up to 40% may be redeemed with equity offering proceeds before November 15, 2028.
• The Indenture includes customary covenants and events of default, with certain provisions (like subsidiary guarantees and change-of-control repurchase offers) suspended if the Notes achieve investment-grade ratings from at least two major rating agencies.
• The Notes were issued under an Indenture dated December 1, 2025, with Truist Bank as trustee.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits