13G Filing: Park West Asset Management and Nexstar Media Group Inc. (NXST)

545 E. John Carpenter Freeway

Suite 700

Irving, Texas 75062

This report on
Schedule 13G (this “Schedule 13G”), is being jointly filed by (i) Park West Asset Management LLC
(“PWAM”), a Delaware limited liability company and the investment manager to (a) Park West Investors Master Fund,
Limited (“PWIMF”), a Cayman Islands exempted company that is the holder of 1,302,335 shares of Class A Common
Stock, $0.01 par value per share (“Common Stock”), of the Company and options to purchase up to 887,200 shares of
Common Stock of the Company reported on this Schedule 13G, and (b) Park West Partners International, Limited
(“PWPI” and, collectively with PWIMF, the “PW Funds”), a Cayman Islands exempted company that is the
holder of 161,647 shares of Common Stock of the Company and options to purchase up to 112,800 shares of Common Stock of the
Company reported on this Schedule 13G; and (ii) Peter S. Park, as the sole member and manager of PWAM (“Mr. Park”
and, collectively with PWAM, the “Reporting Persons”).

The 1,463,982 shares of Common Stock of the Company and the 1,000,000 shares of Common Stock of the Company underlying
the options held in the aggregate by the PW Funds, which constitute 5.2% of the shares of Common Stock of the Company deemed to
be issued and outstanding as of September 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 address for the Reporting
Persons is: 900 Larkspur Landing Circle, Suite 165, Larkspur, California 94939.

PWAM is organized under
the laws of the State of Delaware. Mr. Park is a citizen of the United States.