X0306 4 2018-02-15 0 0001403528 Oaktree Capital Group, LLC OAK 0001236614 WINTROB JAY S C/O OAKTREE CAPITAL GROUP, LLC 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071 1 1 0 0 Chief Executive Officer Class A Units 2018-02-15 4 F 0 5583 0.00 D 93496 D OCGH Units 2018-02-15 4 F 0 7780 0.00 D Class A Units 7780 217220 D Represents the number of Class A units of the Issuer withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of certain Class A units held by the Reporting Person. Each OCGH Unit represents a limited partnership interest in Oaktree Capital Group Holdings, L.P. ("OCGH"). Pursuant to an exchange agreement and subject to certain restrictions, including the approval of the exchange by the Issuer's board of directors, Mr. Wintrob has the right to exchange his vested OCGH units into, at the option of the Issuer's board of directors, Class A units on a one-for-one basis, an equivalent amount of cash based on then-prevailing market prices, other consideration of equal value or any combination of the foregoing. Represents the number of OCGH Units withheld to satisfy the Reporting Person's tax withholding obligations upon the vesting of certain OCGH Units held by the Reporting Person. /s/ Richard Ting, Attorney-in-fact 2018-02-20