Management Change/Compensation (Form 8-K)

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 10, 2026, the Board of Directors (the "Board") of Ollie's Bargain Outlet Holdings, Inc. (the "Company") accepted Kevin McLain's notice of his planned retirement, which is effective May 1, 2026. Mr. McLain has served as the Company's Senior Vice President, General Merchandise Manager since May 2014. The Company's succession planning initiatives included planning for Mr. McLain's retirement. The Company thanks Mr. McLain for his many years of commitment, leadership, and contributions, and wishes him the best in the next chapter.

Item 8.01

Other Events.

Effective May 1, 2026, Shane Thornton will serve as the Company's Senior Vice President, General Merchandise Manager. As part of the Company's succession planning strategy, Mr. Thornton was promoted to the position of Senior Vice President, General Merchandise Manager in March 2025, reporting to Mr. McLain and Eric van der Valk, the Company's President and Chief Executive Officer. Mr. Thornton brings more than a decade of progressive leadership experience in merchandising and operational strategy. He joined the Company in 2010 and has advanced through several merchandising roles of increasing responsibility ranging from Buyer, Divisional Merchandise Manager, and Vice-President of Merchandising. Mr. Thornton began his career with the Company as a buyer, where he quickly demonstrated a strong acumen for product sourcing and category management.