OLLI · Ollie's Bargain Outlet Holdings, Inc.

On June 4, 2026, the reporting person transferred 1,091 shares of Issuer's common stock to the Hendrickson Revocable Trust dated October 27, 2017, for no consideration. The reporting person and his spouse are trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.

On June 4, 2026, the reporting person transferred 1,091 shares of Issuer's common stock to the Hendrickson Revocable Trust dated October 27, 2017, for no consideration. The reporting person and his spouse are trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.

Transaction made pursuant to an agreement adopted by the reporting person during an open trading window on June 23, 2025, and disclosed in the issuer's Form 10-Q filed on September 3, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.02-97.32, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of restricted stock awards into common stock ("Common Stock").

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 1,964 RSUs, of which 491 vested on April 1, 2026; 491 vest on April 1, 2027; 491 vest on April 1, 2028; and 491 vest on April 1, 2029.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 3,368 RSUs, of which 842 vested on April 1, 2025; 842 vested on April 1, 2026; 842 vest on April 1, 2027; and 842 vest on April 1, 2028.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

RSUs vest and become exercisable in 50% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 1,091 RSUs, of which 546 vested on April 1, 2026; and 545 vest on April 1, 2027.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 2,466 RSUs, of which 616 vest on April 1, 2027; 617 vest on April 1, 2028; 616 vest on April 1, 2029; and 617 vest on April 1, 2030.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Before and after the transactions reported in this Form 4, the reporting person also has an indirect ownership interest, via a trust, of 7,343 securities, as reported in a Form 4 filed on April 21, 2025.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 3,031 RSUs, of which 758 vested on April 1, 2025; 758 vested on April 1, 2026; 757 vest on April 1, 2027; and 758 vest on April 1, 2028.

Options vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 12,497 options, of which 3,124 vest on April 1, 2027; 3,125 vest on April 1, 2028; 3,124 vest on April 1, 2029; and 3,124 vest on April 1, 2030.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 4,365 RSUs, of which 1,091 vested on April 1, 2026; 1,092 vest on April 1, 2027; 1,091 vest on April 1, 2028; and 1,091 of the RSUs vest on April 1, 2029.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.

Represents the conversion upon vesting of restricted stock awards into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 5,052 RSUs, of which 1,263 vested on April 1, 2025; 1,263 vested on April 1, 2026; 1,263 vest on April 1, 2027; and 1,263 vest on April 1, 2028.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 1,964 RSUs, of which 491 vested on April 1, 2026; 491 vest on April 1, 2027; 491 vest on April 1, 2028; and 491 vest on April 1, 2029.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

Options vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 8,748 options, of which 2,187 vest on April 1, 2027; 2,187 vest on April 1, 2028; 2,187 vest on April 1, 2029; and 2,187 vest on April 1, 2030.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 3,836 RSUs, of which 959 vest on April 1, 2027; 959 vest on April 1, 2028; 959 vest on April 1, 2029; and 959 vest on April 1, 2030.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 5,480 RSUs, of which 1,370 vest on April 1, 2027; 1,370 vest on April 1, 2028; 1,370 vest on April 1, 2029; and 1,370 vest on April 1, 2030.

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.

Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 23,575 RSUs, of which 5,894 vested on April 1, 2025; 5,894 vested on April 1, 2026; 5,893 vest on April 1, 2027; and 5,894 vest on April 1, 2028.

Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.