EXHIBIT 99.1
This Statement on Form 4 is filed jointly by the Reporting Persons listed below. The principal business address of each of these Reporting Persons is 333 South Grand Avenue, 28th Fl., Los Angeles, CA 90071.
Name of Designated Filer: Oaktree Capital Group Holdings GP, LLC
Date of Event Requiring Statement: December 5, 2016
Issuer Name and Ticker or Trading Symbol: First BanCorp. [FBP]
| OAKTREE PRINCIPAL FUND V (DELAWARE), L.P. | ||
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| By: | Oaktree Fund GP, LLC, its general partner | |
| By: | Oaktree Fund GP I, L.P., its managing member | |
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Authorized Signatory |
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| OAKTREE FF INVESTMENT FUND AIF (DELAWARE), L.P. | ||
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| By: | Oaktree Fund AIF Series, L.P. — Series I, its general partner | |
| By: | Oaktree Fund GP AIF, LLC, its general partner | |
| By: | Oaktree Fund GP III, L.P., its managing member | |
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Authorized Signatory |
| OAKTREE FUND AIF SERIES, L.P. — SERIES I | ||
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| By: | Oaktree Fund GP AIF, LLC, its general partner | |
| By: | Oaktree Fund GP III, L.P., its managing member | |
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Authorized Signatory |
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| OAKTREE FUND GP AIF, LLC | ||
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| By: | Oaktree Fund GP III, L.P., its managing member | |
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Authorized Signatory |
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| OAKTREE FUND GP III, L.P. | ||
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| By: | /s/ Jamie Toothman | |
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| Name: Jamie Toothman | |
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| Title: Authorized Signatory | |
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| OAKTREE AIF INVESTMENTS, L.P. | ||
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| By: | Oaktree AIF Holdings, Inc., its general partner | |
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Vice President |
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| OAKTREE AIF HOLDINGS, INC. | ||
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Vice President |
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| OAKTREE CAPITAL MANAGEMENT, L.P. | ||
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Vice President |
| OAKTREE HOLDINGS, INC. | ||
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| By: | /s/ Jamie Toothman | |
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| Name: | Jamie Toothman |
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| Title: | Vice President |