FIGS, Inc.

a) Disclosure in lieu of reporting on a Current Report on Form 8-K.

The information set forth below is included herein for the purpose of providing disclosure under “Item 1.01 Entry into a Material Definitive Agreement” and “Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant” of Form 8-K.

Second Amendment to Credit Agreement

On November 3, 2025, the Company entered into a second amendment (the “Second Amendment”) to that certain credit agreement (as amended from time to time, the “Credit Agreement”), dated as of September 7, 2021, by and between the Company, as borrower, the other guarantor parties thereto, and Bank of America, N.A., as lender.

The Second Amendment further amends the Credit Agreement to, among other things, extend the maturity date of its $100.0 million revolving credit facility thereunder from September 7, 2026 to November 3, 2030 and reduce the annual commitment fee to 0.15% of the unused Revolving Facility (as defined in the Credit Agreement). Except as amended by the Second Amendment, the remaining material terms of the Credit Agreement remain in full force and effect.

The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is attached as Exhibit 10.1 to this Quarterly Report on Form 10-Q and is incorporated herein by reference.

b) Material changes to the procedures by which security holders may recommend nominees to the board of directors.

None.

c) Insider trading arrangements and policies.

During the three months ended September 30, 2025, no director or “officer” (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” each as defined in Item 408(a) of Regulation S-K.