Company: SVV
Filing Date: 2025-05-13
Form Type: S-3
Source: 0001193125-25-118371
Chunk: 46

Company: Savers Value Village, Inc.
Filing Date: 2025-05-13
Form: S-3
Chunk 46
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 vehicles or accounts instead of to us. A description of our obligations related to corporate opportunities under our certificate of
incorporation are more fully described in “Description of Capital Stock—Corporate Opportunity” in the accompanying prospectus.

S-12

CONCURRENT SHARE REPURCHASE

We intend to purchase from the underwriters $20.0 million of the shares of our common stock offered in this offering, at a price per
share equal to the price per share to be paid by the underwriters to the selling stockholders. Assuming a repurchase price of $11.30 per share, the last reported sale price per share of our common stock on the NYSE on May 12, 2025, we
would purchase 1,769,912 shares of our common stock from the underwriters in the Concurrent Share Repurchase. The terms and conditions of the Concurrent Share Repurchase were reviewed and approved by an independent committee of our board of
directors, with the input of independent counsel. The Concurrent Share Repurchase will be funded from our existing cash on hand and is not part of our existing share repurchase program authorized on November 9, 2023. The underwriters will not
receive any compensation for the shares being repurchased by us.

S-13

USE OF PROCEEDS

The selling stockholders are offering all of the shares of our common stock being sold in this offering, including any shares that may be sold
in connection with the exercise of the underwriters’ option to purchase additional shares, and will receive all of the net proceeds from the sales of shares of our common stock being sold in this offering. See “Selling Stockholders.”
We are not selling any shares of our common stock in this offering and we will not receive any proceeds from the sale of these shares. The Registration Rights Agreement sets forth our obligation to reimburse certain expenses that are incurred by the
Ares selling stockholders. The selling stockholders will pay any underwriting discounts, selling commissions and stock transfer taxes applicable to the sale of the shares of common stock. We will pay all remaining fees, costs and expenses.

S-14

DIVIDEND POLICY

We do not anticipate paying any cash dividends after this offering. Instead, we anticipate that all of our earnings on our common stock in the
foreseeable future will be used to repay debt, for working capital, to support our operations and to finance the growth and development of our business. We may also use cash on our balance sheet, cash generated from operations or