EXHIBIT 99.5
Published on September 27, 2021
EXHIBIT 99.5
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each of the Reporting Persons (as such term is defined in the Schedule 13D referred to below) on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock, par value $0.01 per share, of Clear Channel Outdoor Holdings, Inc., a Delaware corporation, and that this agreement may be included as an exhibit to such joint filing.
IN WITNESS WHEREOF, the undersigned hereby execute this agreement as of September 27, 2021.
| ASSF IV AIV B Holdings III, L.P. | |||
| By: | AssF Operating Manager iv, L.P. | ||
| Its: | Manager | ||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ASSF IV AIV B, L.P. | |||
| By: | ASSF Operating Manager IV, L.P. | ||
| Its: | Manager | ||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ASSF Operating Manager IV, L.P. | |||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ASOF Holdings I, L.P. | |||
| By: | ASOF Investment Management LLC | ||
| Its: | Manager | ||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ASOF Investment Management LLC | |||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
|
ARES MANAGEMENT LLC |
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| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ARES MANAGEMENT HOLDINGS L.P. | |||
| By: | ARES HOLDCO LLC | ||
| Its: | General Partner | ||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ARES HOLDCO LLC | |||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ARES MANAGEMENT CORPORATION | |||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ARES MANAGEMENT GP LLC | |||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ARES VOTING LLC | |||
| By: | ARES PARTNERS HOLDCO LLC | ||
| Its: | Sole Member | ||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||
| ARES PARTNERS HOLDCO LLC | |||
| /s/Naseem Sagati Aghili | |||
| By: | Naseem Sagati Aghili | ||
| Its: | Authorized Signatory | ||