13G Filing: Oaktree Capital Management and Stonemor Partners LP (STON)

GP I, in its capacity as the sole shareholder of VEF Ltd., has
the ability to appoint and remove the directors of VEF Ltd. and, as such, may indirectly control the decisions of VEF Ltd regarding
the vote and disposition of securities held by VE Holdings; therefore, GP I may be deemed to have indirect beneficial ownership
of the Units held by VE Holdings.

Capital I, in its capacity as the general partner of GP I, has
the ability to direct the management of GP I’s business, including the power to direct the decisions of GP I regarding the
vote and disposition of securities held by VE Holdings; therefore, Capital I may be deemed to have indirect beneficial ownership
of the Units held by VE Holdings.

Holdings I, in its capacity as the general partner of Capital
I, has the ability to direct the management of Capital I’s business, including the power to direct the decisions of Capital
I regarding the voting and disposition of securities held by VE Holdings; therefore, Holdings I may be deemed to have indirect
beneficial ownership of the Units held by VE Holdings.

Holdings LLC, in its capacity as the managing member of Holdings
I, has the ability to direct the management of Holding I’s business, including the power to direct the decisions of Holdings
I regarding the voting and disposition of securities held by VE Holdings; therefore, Holdings LLC may be deemed to have indirect
beneficial ownership of the Units held by VE Holdings.

OCG, in its capacity as the managing member of Holdings LLC,
has the ability to direct the management of Holdings LLC’s business, including the power to direct the decisions of Holdings
LLC regarding the vote and disposition of the Units held by VE Holdings. Additionally, OCG, in its capacity as the sole shareholder
of Holdings, has the ability to appoint and remove directors of Holdings and, as such, may indirectly control the decisions of
Holdings regarding the vote and disposition of securities held by VE Holdings. Therefore, OCG may be deemed to have indirect beneficial
ownership of the Units held by VE Holdings.

OCGH, in its capacity as the duly appointed manager of
OCG, has the ability to appoint and remove directors of OCG and, as such, may indirectly control the decisions of OCG
regarding the vote and disposition of securities held by VE Holdings; therefore, OCGH may be deemed to have indirect
beneficial ownership of the Units held by VE Holdings.

Pursuant to Rule 13d-4 of the Exchange Act, the Reporting Persons
declare that filing this Schedule 13G shall not be construed as an admission that any such person is, for the purposes of Section
13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Schedule 13G except to the
extent of such person’s pecuniary interest in the Units, and except to the extent of its pecuniary interest, such beneficial
ownership is expressly disclaimed by each Reporting Person.

All calculations of percentage ownership herein are based on
a total of 37,957,482 common partnership units as of October 15, 2017, as disclosed on the Form 10-Q.