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 Frontier Communications Parent, Inc., 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 May 26, 2023.
| | Ares Management LLC |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF Investment Management LLC |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF Investment Management LLC |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASSF Operating Manager IV, L.P. |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | Ares Management Holdings L.P. |
| | By: Ares Holdco LLC, its general partner |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | Ares Holdco LLC |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | Ares Management Corporation |
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| | /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 |
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| | Ares Voting LLC |
| | By: Ares Partners Holdco LLC, its sole member |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | Ares Partners Holdco LLC |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A1, L.P. |
| | By: ACOF Investment Management LLC, its manager |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A2, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A3, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A4, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | ACOF VI Frontier AIV A5, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A6, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A7, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A8, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A9, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ACOF VI Frontier AIV A10, L.P. |
| | By: ACOF Investment Management LLC, its manager |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | ACOF VI Frontier AIV B1, L.P. |
| | By: ACOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF Frontier AIV A1, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | |
| | ASOF Frontier AIV A2, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF Frontier AIV A3, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | |
| | ASOF Frontier AIV A4, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | |
| | ASOF Frontier AIV A5, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | ASOF Frontier AIV A6, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | |
| | ASOF Frontier AIV A7, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | |
| | ASOF Frontier AIV A8, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF Frontier AIV A9, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | |
| | ASOF Frontier AIV A10, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF Frontier AIV A11, L.P. |
| | By: ASOF Investment Management LLC, its manager |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF Frontier AIV B1, L.P. |
| | By: ASOF Investment Management LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | ASSF IV AIV B Holdings III, L.P. |
| | By: ASSF Operating Manager IV, L.P., its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASSF IV AIV B, L.P. |
| | By: ASSF Operating Manager IV, L.P., its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II FRONTIER HOLDINGS 1 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II FRONTIER HOLDINGS 2 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II FRONTIER HOLDINGS 3 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II FRONTIER HOLDINGS 4 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
| | ASOF II FRONTIER HOLDINGS 5 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II FRONTIER HOLDINGS 6 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II FRONTIER HOLDINGS 7 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
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| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II A (DE) FRONTIER HOLDINGS 1 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /s/ Naseem Sagati Aghili |
| | By: Naseem Sagati Aghili |
| | Its: Authorized Signatory |
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| | ASOF II A (DE) FRONTIER HOLDINGS 2 L.P. |
| | By: ASOF INVESTMENT MANAGEMENT LLC, its manager |
| | |
| | /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 of Ares Management |
| Antony P. Ressler | Co-Founder, Executive Chairman of Ares Management |
| Bennett Rosenthal | Co-Founder, 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 |
| Ashish Bhutani | Director | Former Chairman of Lazard Asset Management and Vice Chairman of Lazard Ltd. |
| Eileen Naughton | Director | Former Chief People Officer and Vice President of People Operations at Google, Inc. |
| Ryan Berry | Executive Officer | Chief Marketing and Strategy Officer of Ares Management |
| Naseem Sagati Aghili | Executive Officer | General Counsel and Corporate Secretary of Ares Management |
| Jarrod Phillips | Executive Officer | Chief Financial Officer 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.
SCHEDULE B
On May 26, 2020, without admitting or denying any wrongdoing, Ares Management LLC consented to the entry of an administrative and cease-and-desist order (the “Order”) instituted by the SEC. According to the Order, in 2016, Ares Management LLC's written policies and procedures regarding the prevention of misuse of potentially material nonpublic information (“MNPI”) were not sufficiently implemented and enforced in certain circumstances when Ares Management LLC had an employee serving on the board of directors of a public company in which one of its clients was invested. The Order did not find any misuse of MNPI by Ares Management LLC or its employees; however, the Order included findings of violations of Section 204A and Section 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 thereunder with respect to the implementation and enforcement of its written policies and procedures. The Order includes cease and desist provisions and a censure, and payment of a civil penalty in the amount of $1.0 million.
