13G Filing: Park West Asset Management and Nexeo Solutions Inc. (NXEO)

* Beneficial ownership percentage
is based upon 89,286,936 shares of common stock, $0.0001 par value per share (the “Common Stock”), of
Nexeo Solutions, Inc., a Delaware corporation (the “Company”), issued and outstanding as of February 3, 2017,
based on information reported by the Company in its Quarterly Report on Form 10-Q for the quarterly period ended December 31,
2016, filed with the Securities and Exchange Commission on February 9, 2017 (the “Form 10-Q”).  Park
West Asset Management LLC (“PWAM”) is the investment manager to Park West Investors Master Fund, Limited, a
Cayman Islands exempted company (“PWIMF”), and Park West Partners International, Limited, a Cayman Islands
exempted company (“PWPI” and, collectively with PWIMF, the “PW Funds”), and Peter S. Park
(“Mr. Park” and, collectively with PWAM, the “Reporting Persons”) is the sole member and manager
of PWAM.  As of April 12, 2017, PWIMF held 7,768,196 shares of Common Stock (including 3,685,393 Founder Shares (as
defined in the Form 10-Q)) and warrants to purchase up to 1,017,177 shares of Common Stock and PWPI held 1,022,996 shares of
Common Stock (including 482,972 Founder Shares) and warrants to purchase up to 129,243 shares of Common Stock.  As
a result of the foregoing, for purposes of Reg. Section 240.13d-3, the Reporting Persons may be deemed to beneficially own
the 8,791,192 shares of Common Stock (including 4,168,365 Founder Shares) and the 1,146,420 shares of Common Stock underlying
the warrants held in the aggregate by the PW Funds, or approximately 11.0% of the shares of Common Stock deemed to be issued
and outstanding as of April 12, 2017.