13G Filing: Park West Asset Management and Carvana Co (CVNA)

* This Schedule 13G is being jointly filed by (i) PWAM, a Delaware limited liability company and the investment manager
to (a) PWIMF, a Cayman Islands exempted company that is the holder of 736,631 shares of Common Stock of the Company, as reported
on this Schedule 13G, and (b) PWPI, a Cayman Islands exempted company that is the holder of 94,401 shares of Common Stock of the
Company, as reported on this Schedule 13G; and (ii) Mr. Park, as the sole member and manager of PWAM.

The 831,032 shares of Common Stock held in
the aggregate by the PW Funds, which constitutes approximately 5.5% of the shares of Common Stock deemed issued and outstanding
as of June 7, 2017, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment adviser to PWIMF and PWPI,
and (y) indirectly by Mr. Park, as the sole member and manager of PWAM. The foregoing beneficial ownership percentage is based
upon 15,033,891 shares of Common Stock of the Company issued and outstanding as of May 31, 2017, based on information reported
by the Company in its quarterly report on Form 10-Q, filed with the Securities and Exchange Commission on June 6, 2017.