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March 20, 2023

As we look back on the milestones and achievements of the past year, I am filled with immense pride in what we have accomplished together at ɫɫ�о���. Our unwavering commitment to excellence and cutting-edge technology has propelled us to unprecedented heights, solidifying our position as a leading force in the construction rental equipment industry.

In 2023, ɫɫ�о��� continued its tradition of driving industry trends by proactively embracing and shaping the evolving landscape. With the construction industry undergoing transformative changes, our focus on harnessing the power of cloud technology has been pivotal. Our cloud-powered solutions represent a proactive strategy to enhance operational efficiency and redefine the customer experience for both contractors and end-clients.

At ɫɫ�о���, our technology team remains at the forefront of addressing customer needs and fostering connectivity within the industry. The remarkable growth of our T3 platform, our operating system for construction, with more than 200,000 connected assets, is a testament to our commitment to innovation. Looking ahead to 2024, we plan to amplify our technological footprint through expanded distribution capabilities and strategic partnerships with original equipment manufacturers, ensuring our customers benefit from the latest advancements in construction technology.

In 2023, we also made important investments in our footprint and fleet to ensure we can continue to grow with our customers and provide the comprehensive equipment solutions and service they need. We closed the year with an expanded footprint, boasting 215 branches across 38 states. This growth is a result of our strategic focus on organic expansion, with 60 new sites opening last year, contributing significantly to our increased reach and impact.

Even as ɫɫ�о��� scales, our commitment to serving and empowering the communities we operate in remains steadfast. Through active community engagement, support for local organizations and the impactful work of the ɫɫ�о��� Foundation, we continue to make a positive difference in the lives of those around us.

I am deeply grateful for the remarkable achievements, relentless pursuit of excellence and unwavering dedication of our team. As we enter 2024 with confidence, fortified by a strong financial foundation, a state-of-the-art product offering and a team that exemplifies resilience and innovation, I extend my heartfelt gratitude to our partners, customers and the entire ɫɫ�о��� family for their continued trust and support.

Together, let’s embark on another year of growth, innovation and making a meaningful impact in our industry and communities.

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