OUR COMMITMENT TO CORPORATE CITIZENSHIP ... HERC HOLDINGS INC OUR COMMITMENT TO CORPORATE CITIZENSHIP

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  • OUR COMMITMENT TO CORPORATE CITIZENSHIP 2 0 1 9

    H E R C H O L D I N G S I N C .

  • ABOUT HERC RENTALS …………………………………... 1 A MESSAGE FROM OUR CEO …………………………. 3 WE DO WHAT’S RIGHT …………………………………… 4 SAFETY FIRST …………………………………………………… 5 COMMITMENT TO SUSTAINABILITY ……….. 10 SUPPORTING TEAM HERC ………………………….. 13 SERVING COMMUNITIES …………………………….. 17

    TABLE OF CONTENTS

  • 1O U R C O M M I T M E N T T O C O R P O R A T E C I T I Z E N S H I P | 2 0 1 9H E R C H O L D I N G S I N C .

    Herc Rentals Inc. is a subsidiary of Herc Holdings Inc., shares of which are listed on the New York Stock Exchange under the stock symbol HRI.

    ABOUT HERC RENTALS

    * Original equipment cost (OEC) based on American Rental Association guidelines. OEC as of December 31, 2018.

    OUR VISION We aspire to be the supplier, employer and investment of choice in our industry.

    OUR VALUES We do what’s right.

    We’re in this together.

    We take responsibility.

    We achieve results.

    We prove ourselves every day.

    OUR MISSION To ensure that end users of our equipment and services achieve optimal performance safely, efficiently and effectively.

    We have approximately 270 company operated locations, principally in North America.

    2018 KEY FACTS 1 One of the leading North American

    equipment rental companies.

    1 Estimated 3% market share in a highly fragmented market.

    1 $1.98 billion in total revenues.

    1 $3.78 billion in fleet (OEC).*

    1 Approximately 4,900 employees.

    1 Approximately 270 company operated locations, principally in North America.

  • 2O U R C O M M I T M E N T T O C O R P O R A T E C I T I Z E N S H I P | 2 0 1 9H E R C H O L D I N G S I N C .

    OUR CORPORATE CITIZENSHIP CHARTER

    1 Prioritize the safety and well-being of our employees, customers and communities.

    1 Minimize and continuously seek to reduce environmental impacts associated with our business activities.

    1 Align business practices and policies to reflect our responsibilities as a corporate citizen and to support mutually beneficial outcomes across our stakeholder groups.

  • 3O U R C O M M I T M E N T T O C O R P O R A T E C I T I Z E N S H I P | 2 0 1 9H E R C H O L D I N G S I N C .

    A MESSAGE FROM OUR CEO

    Larry Silber President and Chief Executive Officer Herc Holdings Inc.

    April 21, 2019

    Larry Silber President and Chief Executive Officer

    Photo: Robert Sciarrino/ROI-NJ

    Herc Rentals embraces its obligation to act as a responsible organization every day and everywhere we operate. With approximately 270 locations, principally in North America, our company is a citizen of many communities, each of which deserves our full commitment to safe, healthy and environmentally sound operations.

    Our commitment is rooted in the concept of Responsible Value Creation. As a for-profit business enterprise, we continuously seek to create value for customers, employees and shareholders. While engaging in our for-profit mission, we understand and embrace our social, environmental and people-related obligations to create value in a responsible manner.

    Our minimum standard is to comply with all applicable laws and regulations in the jurisdictions in which we operate and conduct business. Additionally, our values demand an elevated commitment to operate ethically and with integrity, and this consideration directly informs our business practices. And, ultimately, our business success depends on earning and maintaining the trust and goodwill of customers, communities and entities that influence our operational standing.

    The tenets of Responsible Value Creation provide the framework for continuously evaluating and refining our business practices to reflect our obligations as a responsible corporate citizen and enable us to create long-term value.

    They also guide our decision making and policies across the principle dimensions of corporate citizenship, including ethics and integrity; safety; environmental practices; our people; the workplace; and community involvement.

    This report sets forth the company’s commitment to business practices that reflect our responsibilities as a corporate citizen and represents Herc Rentals’ environmental, social and people-related business practices as currently structured. We hope to inspire our team members, customers and other stakeholders about the company’s long-term commitment to operating in a manner that is profitable for the business and our shareholders, while also attending to our obligations as a trusted and responsible corporate citizen.

  • Our Mission

    To ensure that end users of our equipment

    and services achieve optimal performance safely, e�ciently

    and e�ectively.

    Our Values

    We do what’s right. We’re in this together. We take responsibility.

    We achieve results. We prove ourselves every day.

    Our Vision

    We aspire to be the supplier, employer and

    investment of choice in our industry.

    4O U R C O M M I T M E N T T O C O R P O R A T E C I T I Z E N S H I P | 2 0 1 9H E R C H O L D I N G S I N C .

    Our foremost value, "We do what’s right," sets the expectation that all team members will uphold both the letter and the spirit of the law and treat everyone with respect. By extension, we are committed to a culture of ethics and integrity and to operating our business in a manner that earns and keeps the trust of our customers, investors, employees, communities and other key stakeholders.

    We formalize this commitment: All team members must complete online ethics training and certify annually that they have read and understand our company’s Code of Ethics, which governs conduct across many areas of our business and offers guidance on asking questions or reporting concerns about potential violations of the law or company policies. All newly hired team members are also required to acknowledge our Code of Ethics as part of their onboarding process.

    WE DO WHAT’S RIGHT

    To further enable a culture of ethics and integrity, every company facility posts information about our Compliance HelpLine, a confidential third-party service that team members can call to report suspected unethical behavior or violations of our company’s policies, to seek guidance on our policies and procedures, or to offer suggestions. Team members can do all this anonymously if they choose.

  • 5O U R C O M M I T M E N T T O C O R P O R A T E C I T I Z E N S H I P | 2 0 1 9H E R C H O L D I N G S I N C .

    SAFETY FIRST

    SAFETY COMMITMENT Herc Rentals requires an active commitment to, and personal accountability for, safety and safety compliance from all employees and contractors. Operations leaders have a key role in the communication and implementation of, and ensuring adherence to, Safety and compliance policies and standards.

    As part of our ongoing commitment to Safety, we will:

    1 Protect and strive for improvement in the safety and health of our teammates at all times;

    1 Eliminate accidents and non-conformance to safety policies, procedures and practices;

    1 Safely meet specified customer requirements and ensure continuous customer satisfaction;

    1 Set safety performance objectives, measure results, assess and continually improve processes and services through the use of effective safety programs and processes;

    1 Responsibly plan for, and swiftly respond to and resolve safety-related events;

    1 Communicate openly with internal and external stakeholders and ensure an understanding of our safety policies, standards, programs and performance;

    1 Recognize and reward outstanding safety performance;

    1 Improve our performance on safety issues relevant to our internal and external stakeholders that are of concern and on which we can have an impact, and share with them our knowledge of successful Safety programs and initiatives;

    1 Comply with applicable safety laws, regulations, and industry standards;

    1 Promote a culture where Stop Work is an individual obligation and company responsibility;

    1 Identify and implement effective management related to safety risks;

    1 Allocate appropriate resources to honor our safety commitment;

    1 Commit to making everyday a "Perfect Day."

  • 6O U R C O M M I T M E N T T O C O R P O R A T E C I T I Z E N S H I P | 2 0 1 9H E R C H O L D I N G S I N C .

    THE PERFECT DAY In 2018 we adopted the concept of the "Perfect Day," which is defined as a working day across our entire company in which we have:

    1 No OSHA recordable incidents;

    1 No Department of Transportation violations; and

    1 No "at fault" motor vehicle accidents.

    All our operating regions achieved at least 85% Perfect Days in 2018. We are committed to improving our Perfect Day performance and achieving the 100% mark we aspire to.

  • Leading safety performance is recognized each year at our annual ProExpo company-wide business meeting and individual and team safety achievements are celebrated throughout the year on location and through our weekly Herc Wire publication. Our professional drivers and technicians who have demonstra