Company: SVV
Filing Date: 2025-05-13
Form Type: S-3
Source: 0001193125-25-118371
Chunk: 41

Company: Savers Value Village, Inc.
Filing Date: 2025-05-13
Form: S-3
Chunk 41
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. 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;                                           |

| • |     | incurring indebtedness in a single transaction or a series of related transactions in an aggregate principal 
 amount in excess of $100.0 million;                                                                          |

| • |     | issuing our or our subsidiaries’ equity other than pursuant to an equity compensation plan approved by our 
 stockholders or a majority of the directors designated by the Ares Funds;                                  |

| • |     | appointing and removing our chief executive officer; |

| • |     | entering into any transactions, agreements, arrangements or payments with any other person who owns greater than                        
 or equal to 10% of our common stock then outstanding that are material or involve aggregate payments or receipts in excess of $500,000; |

| • |     | amending, modifying or waiving any provision of our organizational documents in a manner that adversely affects 
 the Ares Funds;                                                                                                 |

| • |     | commencing any liquidation, dissolution or voluntary bankruptcy, administration, recapitalization or 
 reorganization;                                                                                      |

S-9

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