TILLY'S, INC. — Director's Dealing 2025

Oct 7, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TILLY'S, INC. (TLYS)
CIK: 0001524025
Period of Report: 2025-10-03

Reporting Person: Fund 1 Investments, LLC (10% Owner)
Reporting Person: Pleasant Lake Partners LLC (10% Owner)
Reporting Person: PLP Funds Master Fund LP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-03	Class A Common Stock, $0.001 par value per share	J	116611	—	Disposed	8058268	Indirect

Footnotes

F1: This transaction reflects a distribution of shares to certain unaffiliated limited partners on a pro rata basis for no consideration.

F2: Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the "Master Fund") and additional private investment vehicles for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC ("Fund 1") serves as managing member of PLP. Jonathan Lennon (together with Fund 1, PLP and Master Fund, the "Reporting Persons") serves as managing member of Fund 1. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.

F3: Securities held for the account of the Master Fund.