Oaktree Announces Release of 2018 Schedule K-1 Tax Forms for Oaktree Capital Group, LLC

Oaktree Capital Group, LLC announced today that 2018 Schedule K-1 tax forms for the Class A units (NYSE: OAK), Series A Preferred units (NYSE: OAK PR A) and Series B Preferred units (NYSE: OAK PR B) of Oaktree Capital Group, LLC are available online. All unitholders can access their Schedule K-1 tax form at www.taxpackagesupport.com/Oaktree.

The 2018 Schedule K-1 tax packages will also be mailed out to unitholders beginning in late March. For additional information about the Class A units, Series A Preferred units or Series B Preferred units of Oaktree Capital Group, LLC reported on the 2018 Schedule K-1, you may contact Tax Package Support at [phone].

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with $120 billion in assets under management as of December 31, 2018. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 950 employees and offices in 18 cities worldwide. For additional information, please visit Oaktree’s website at www.oaktreecapital.com.

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Investor Relations:Oaktree Capital Group, LLCAndrea D. Williams(213) [e-mail]