Blackstone Holdings I L.P. sold APC

Footnotes

Reflects Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer") held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.; This filing excludes Class A Shares managed by Harvest Funds Advisors LLC ("HFA"), an indirect subsidiary of Blackstone Holdings I L.P. and an investment manager to funds and separately managed accounts that own Class A Common Shares. HFA has voting authority and dispositive discretion over the securities of the Issuer owned by such funds and accounts. The Reporting Persons may be deemed to be indirect beneficial owners of the securities owned by such funds and accounts for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), however, none of the Reporting Persons has any pecuniary interest in any of such securities.; Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.; Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.