SCHEDULE 13G/A 0002024046 XXXXXXXX LIVE 1 Common Stock, par value $0.0001 per share 08/22/2025 0001803914 Playboy, Inc. 72814P109 10960 Wilshire Blvd., Suite 200 Los Angeles CA 90024 Rule 13d-1(c) Drawbridge Special Opportunities Fund LP DE 0 15072683 0 15072683 15072683 N 14.0 PN Drawbridge Special Opportunities Advisors LLC DE 0 15273025 0 15273025 15273025 N 14.2 IA OO Drawbridge Special Opportunities GP LLC DE 0 15072683 0 15072683 15072683 N 14.0 HC OO FIG LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO Fortress Principal Investment Holdings IV LLC DE 0 15072683 0 15072683 15072683 N 14.0 HC OO Fortress Operating Entity I LP DE 0 16589531 0 16589531 16589531 N 15.4 PN HC FIG Blue LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO Fortress Investment Group LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO FINCO I Intermediate Holdco LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO FINCO I LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO FIG Parent, LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO Foundation Holdco LP DE 0 16589531 0 16589531 16589531 N 15.4 HC OO FIG Buyer GP, LLC DE 0 16589531 0 16589531 16589531 N 15.4 HC OO Playboy, Inc. 10960 Wilshire Blvd., Suite 2200, Los Angeles, California 90024 This statement is filed with respect to the Common Stock, par value $0.0001 per share (the "Common Stock") of Playboy, Inc. (the "Company") by the following (collectively, the "Reporting Persons"): I. Drawbridge Special Opportunities Fund LP ("DBSO"), a Delaware limited partnership, which directly holds Common Stock and is the direct or indirect holder of membership interests in certain entities that hold Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; II. Drawbridge Special Opportunities Advisors LLC ("DBSO Advisors"), a Delaware limited liability company, which is the investment advisor to DBSO and investment manager to an entity that holds Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; III. Drawbridge Special Opportunities GP LLC ("DBSO GP"), a Delaware limited liability company, which is the general partner of DBSO and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; IV. FIG LLC ("FIG LLC"), a Delaware limited liability company, which is the holder of all membership interests in DBSO Advisors and another investment advisor to certain investment funds that hold Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; V. Fortress Principal Investment Holdings IV LLC ("FPI IV"), a Delaware limited liability company, which is the managing member of DBSO GP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; VI. Fortress Operating Entity I LP ("FOE"), a Delaware limited partnership, which is the holder of all of the issued and outstanding membership interests of FIG LLC and FPI IV and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; VII. FIG Blue LLC ("FIG Blue"), a Delaware limited liability company, which is the general partner of FOE and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; VIII. Fortress Investment Group LLC ("Fortress"), a Delaware limited liability company, which is the sole member of FIG Blue and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; IX. FINCO I Intermediate Holdco LLC ("FINCO Intermediate"), a Delaware limited liability company, which is the sole member of Fortress and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; X. FINCO I LLC ("FINCO"), a Delaware limited liability company, which is the sole member of FINCO Intermediate and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; XI. FIG Parent, LLC ("FIG Parent"), a Delaware limited liability company, which is the sole member of FINCO and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; XII. Foundation Holdco LP ("Foundation"), a Delaware limited partnership, which is the sole member of FIG Parent, LLC and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; and XIII. FIG Buyer GP, LLC, a Delaware limited liability company, which is the general partner of Foundation and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby. The address of the principal office of each Reporting Person is: c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105. See Row 4 of each of the cover pages. Y See Row 9 of each of the cover pages. See Row 11 of each of the cover pages. The percentages set forth herein are calculated based upon 107,548,055 shares of Common Stock outstanding, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2025. See Row 5 of each of the cover pages. See Row 6 of each of the cover pages. See Row 7 of each of the cover pages. See Row 8 of each of the cover pages. Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Drawbridge Special Opportunities Fund LP /s/ David N. Brooks 08/26/2025 Drawbridge Special Opportunities Advisors LLC /s/ David N. Brooks 08/26/2025 Drawbridge Special Opportunities GP LLC /s/ David N. Brooks 08/26/2025 FIG LLC /s/ David N. Brooks 08/26/2025 Fortress Principal Investment Holdings IV LLC /s/ David N. Brooks 08/26/2025 Fortress Operating Entity I LP /s/ David N. Brooks 08/26/2025 FIG Blue LLC /s/ David N. Brooks 08/26/2025 Fortress Investment Group LLC /s/ David N. Brooks 08/26/2025 FINCO I Intermediate Holdco LLC /s/ David N. Brooks 08/26/2025 FINCO I LLC /s/ David N. Brooks 08/26/2025 FIG Parent, LLC /s/ David N. Brooks 08/26/2025 Foundation Holdco LP /s/ David N. Brooks 08/26/2025 FIG Buyer GP, LLC /s/ David N. Brooks 08/26/2025 Joint Filing Agreement, dated as of February 5, 2025, incorporated by reference to this Amendment No. 1 to Schedule 13G