CFO OVERVIEW Performance in Inflationary Environment Department New Equipment Sales Used Equipment Sales Rental Equipment Sales Rent-to Rent Parts / Service Replacement Capex Impact on Neutral Neutral Positive Positive Positive Negative EBITDA Commentary Increases in input pricing Increases in trade in Higher used retail pricing Inflationary environment on Increases in input pricing, Replacement of rental able to be passed along to values on equipment based upon the demand equipment purchased at including labor, able to be equipment sold occurs at end customers through preempts higher used retail scenario described earlier, lower cost drives ROI on passed along to end customers. higher pricing tiers manufacturer suggested pricing along with demand original equipment existing fleet Inflationary environment on retail price (MSRP) scenario described earlier purchased at lower cost fixed cost platform yields positive EBITDA impact