Company: SVV
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001193125-25-121233
Chunk: 17

Company: Savers Value Village, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 17
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77.13% of our common stock (or 75.68% if the underwriters exercise their option to purchase additional shares in full). Pursuant to that certain stockholders agreement entered into between the Ares Funds and us, dated as of July 3, 2023 (the “Stockholders Agreement”), for so long as the Ares Funds hold 5% or more of our outstanding common stock, they have the right to designate a certain number of individuals to be included in the slate of nominees for election to our board of directors and to designate a member of each committee of the board of directors. Further, for so long as the Ares Funds own 40% or more of our outstanding common stock, the Ares Funds can designate at least a majority of our board of directors. Additionally, because our board of directors is divided into three staggered classes, the Ares Funds may be able to influence or control our affairs and policies for a period of time after such rights expire, while their nominees finish their terms as members of our board. Therefore, following the completion of this offering (including the Concurrent Share Repurchase) and for so long as the Ares Funds continue to own 40% or more of our common stock, individuals affiliated with the Ares Funds will have the power to elect a majority of our directors and will have effective control over the outcome of votes on all matters requiring approval by our board of directors or our stockholders regardless of whether other stockholders believe such matter is in our best interests. Even if such amount is less than 40%, the Ares Funds will continue to be able to substantially influence or effectively control our ability to enter into corporate transactions. In addition, the Stockholders Agreement provides that, for so long as the Ares Funds own at least 30% of the outstanding shares of our common stock, certain significant corporate actions will require the prior written consent of the Ares Funds, subject to certain exceptions. These actions include, subject to certain exceptions:

| • |     | merging or consolidating with or into any other entity, or transferring all or substantially all of our assets,                                    
 taken as a whole, to another entity, or undertaking any transaction that would constitute a “Change of Control” as defined in our debt agreements; |

| • |     | acquiring or disposing of assets, in a single transaction or a series of related transactions, or entering into 
 joint ventures, in each case with a value in excess of $50.0 million;                                           |

| • |