Item 1.01 Entry into a Material Definitive Agreement.

On January 24, 2023, the subsidiaries of Ollie's Bargain Outlet Holdings, Inc., a Delaware corporation, party to that certain amended and restated credit agreement (the "Credit Agreement"), dated as of May 22, 2019, with Manufacturers and Traders Trust Company as administrative agent (the "Agent"), the other agents party thereto and the lenders party thereto, entered into the First Amendment (the "Amendment") with the Agent to amend the Credit Agreement to replace the LIBOR-based interest rates with SOFR-based interest rates and modify the provisions for determining an alternative rate of interest upon the occurrence of certain events relating to the availability of interest rate benchmarks.

The foregoing description of the terms and conditions of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment (including the conformed amended Credit Agreement, which is attached as Annex A thereto), which Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed with this report:





Exhibit No.                                  Description
  10.1        First Amendment, dated as of January 24, 2023, to Amended and Restated
              Credit Agreement, among Bargain Parent, Inc., OBO Ventures, Inc. and
              certain subsidiaries, as borrowers, Manufacturers and Traders Trust
              Company, as Administrative Agent, and certain lenders party thereto.
104           Cover Page Interactive Data File -the cover page XBRL tags are embedded
              within the Inline XBRL document.

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