EXHIBIT 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each of the Reporting Persons (as such term is defined in the Schedule 13D referred to below) on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock, par value $0.01 per share, of California Resources Corporation, a Delaware corporation, and that this agreement may be included as an exhibit to such joint filing.
IN WITNESS WHEREOF, the undersigned hereby execute this agreement as of November 6, 2020.
AF V Energy IV AIV 1A, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AF V Energy IV AIV 1B, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AF V Energy IV AIV 2, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AEOF ECR AIV A-B, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
AEOF ECR AIV C, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AF energy feeder, l.p. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ACOF Investment Management llc | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
SSF IV Energy I AIV 1A, L.P. | |||
By: | ASSF Operating Manager IV, L.P. | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
SSF IV Energy I AIV 1B, L.P. | |||
By: | ASSF Operating Manager IV, L.P. | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
SSF IV Energy I AIV 2, L.P. | |||
By: | ASSF Operating Manager IV, L.P. | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
ASSF Operating Manager IV, L.P. | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT HOLDINGS L.P. | |||
By: | ARES HOLDCO LLC | ||
Its: | General Partner | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES HOLDCO LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES HOLDINGS INC. | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT CORPORATION | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT GP LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES VOTING LLC | |||
By: | ARES PARTNERS HOLDCO LLC | ||
Its: | Sole Member | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
ARES PARTNERS HOLDCO LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
SCHEDULE A
BOARD OF MANAGERS OF
ARES PARTNERS HOLDCO LLC
Name | Present Principal Occupation and Employment |
Michael J Arougheti | Co-Founder, Chief Executive Officer and President of Ares Management |
Ryan Berry | Chief Marketing and Strategy Officer of Ares Management |
R. Kipp deVeer | Head of Credit Group of Ares Management |
David B. Kaplan | Co-Founder, Co-Chairman of the Private Equity Group of Ares Management |
Michael R. McFerran | Chief Operating Officer and Chief Financial Officer of Ares Management |
Antony P. Ressler | Co-Founder, Executive Chairman of Ares Management |
Bennett Rosenthal | Co-Founder, Co-Chairman of the Private Equity Group of Ares Management |
The address for all of the persons listed above is c/o Ares Management LLC, 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067.
DIRECTORS AND EXECUTIVE OFFICERS OF
ARES MANAGEMENT CORPORATION
Name | Director/Executive Officer | Present Principal Occupation and Employment |
Michael J Arougheti | Director and Executive Officer | Co-Founder, Chief Executive Officer and President of Ares Management |
David B. Kaplan | Director and Executive Officer | Co-Founder, Co-Chairman of the Private Equity Group of Ares Management |
Antony P. Ressler | Director and Executive Officer | Co-Founder, Executive Chairman of Ares Management |
Bennett Rosenthal | Director and Executive Officer | Co-Founder, Co-Chairman of the Private Equity Group of Ares Management |
R. Kipp deVeer | Director and Executive Officer | Head of Credit Group of Ares Management |
Paul G. Joubert | Director | Founding Partner of EdgeAdvisors and a Venture Partner in Converge Venture Partners |
Michael Lynton | Director | Chairman of the Board of Snap Inc. |
Dr. Judy Olian | Director | President of Quinnipiac University |
Antoinette C. Bush | Director | Executive Vice President and Global Head of Government Affairs for News Corp |
Ryan Berry | Executive Officer | Chief Marketing and Strategy Officer of Ares Management |
Michael R. McFerran | Executive Officer | Chief Operating Officer and Chief Financial Officer of Ares Management |
Naseem Sagati Aghili | Executive Officer | General Counsel and Secretary of Ares Management |
The address for all of the persons listed above is c/o Ares Management LLC, 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067.