Blackstone Inc. — Director's Dealing 2021

Apr 13, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Custom Truck One Source, Inc. (NSCO)
CIK: 0001709682
Period of Report: 2021-04-01

Reporting Person: Blackstone Holdings III L.P. (See "Remarks")
Reporting Person: Blackstone Group Inc (See "Remarks")
Reporting Person: Blackstone Group Management L.L.C. (See "Remarks")
Reporting Person: SCHWARZMAN STEPHEN A (See "Remarks")

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2932195	Indirect
Common Stock	3622088	Indirect
Common Stock	351593	Indirect
Common Stock	179835	Indirect
Common Stock	3492069	Indirect
Common Stock	3576281	Indirect
Common Stock	17360	Indirect

Footnotes

F1: Reflects shares of common stock, par value $0.0001 per share ("Common Stock"), of Custom Truck One Source, Inc. (the "Issuer") directly held by Blackstone Energy Partners NQ L.P. ("BEP NQ").

F2: Reflects shares of Common Stock directly held by BEP CTOS Holdings L.P. ("BEP CTOS").

F3: Reflects shares of Common Stock directly held by Blackstone Energy Family Investment Partnership SMD L.P. ("BE SMD").

F4: Reflects shares of Common Stock directly held by Blackstone Energy Family Investment Partnership NQ ESC L.P. ("BE NQ").

F5: Reflects shares of Common Stock directly held by Blackstone Capital Partners VI-NQ L.P. ("BCP VI-NQ").

F6: Reflects shares of Common Stock directly held by BCP CTOS Holdings L.P. ("BCP CTOS").

F7: Reflects shares of Common Stock directly held by Blackstone Family Investment Partnership VI-NQ ESC L.P. ("BE FIP").

F8: Blackstone Energy Management Associates NQ L.L.C. ("BEMA") is the general partner of BEP NQ and BEP CTOS. Blackstone EMA-NQ L.L.C. ("BEMA NQ") is the managing member of BEMA. BEP Side-by-Side GP NQ L.L.C. ("BEP GP") is the general partner of BE NQ. Blackstone Management Associates VI-NQ L.L.C. ("BMA NQ") is the general partner of BCP VI-NQ and BCP CTOS. BMA VI-NQ L.L.C. ("BMA VI-NQ") is the managing member of BMA NQ. Blackstone Family GP L.L.C. ("BS GP") is the general partner of BE SMD. BS GP is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. BCP VI-NQ Side-by-Side GP L.L.C. ("BCP GP") is the general partner of BE FIP.

F9: Blackstone Holdings III L.P. ("Holdings III") is the sole member of each of BEMA NQ, BEP GP and BMA VI-NQ. The general partner of Holdings III is Blackstone Holdings III GP L.P. ("Holdings III GP") The general partner of Holdings III GP is Blackstone Holdings III GP Management L.L.C ("Holdings III GP Management"). Blackstone Holdings II L.P. ("Holdings II") is the sole member of BCP GP. Blackstone Holdings I/II GP L.L.C. ("Holdings I/II GP") is the general partner of Holdings II. The Blackstone Group Inc. ("Blackstone") is the sole member of Holdings III GP Management and Holdings I/II GP. The sole holder of the Series II preferred stock of Blackstone is Blackstone Group Management L.L.C. ("BS Group Management"). BS Group Management is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F10: 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.

F11: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 3.

F12: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) 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 Securities Exchange Act of 1934 (the "Exchange Act"), each of the Reporting Persons (other than to the extent it directly holds securities reported herein) 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 or that the Reporting Persons are subject to Section 16 of the Exchange Act.