Company: SVV
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001193125-25-121233
Chunk: 19

Company: Savers Value Village, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 19
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 |     | a majority of the board of directors consist of independent directors; |

| • |     | the nominating, governance and sustainability committee be composed entirely of independent directors with a 
 written charter addressing the committee’s purpose and responsibilities; and                                 |

| • |     | the compensation committee be composed entirely of independent directors with a written charter addressing the 
 committee’s purpose and responsibilities.                                                                      |

We expect to continue to be a Controlled Company.As a result, we may not have a majority of independent directors and our nominating, governance and sustainability committee and compensation committee may not consist entirely of independent directors or be required to ratify other independence obligations. Accordingly, you may not have the same protections afforded to stockholders of companies that are subject to all of the corporate governance requirements of the NYSE. Certain provisions in our certificate of incorporation and our bylaws may delay or prevent a change of control. Our certificate of incorporation and bylaws contain provisions that could depress the trading price of our common stock by acting to discourage, delay or prevent a change of control of our company or changes in our management that our stockholders may deem advantageous. In particular, our certificate of incorporation and bylaws:

| • |     | establish a classified board of directors so that not all members are elected at one time; |

| • |     | permit our board of directors to establish the number of directors and fill any vacancies (including vacancies                                                                                              
 resulting from an expansion in the size of our board of directors), except in the case of the vacancy of an Ares Funds-designated director (in which case the Ares Funds will be able to fill the vacancy); |

| • |     | establish limitations on the removal of directors; |

| • |     | authorize the issuance of “blank check” preferred stock that our board of directors could use to 
 implement a stockholder rights plan;                                                             |

| • |     | provide that our board of directors is expressly authorized to make, alter or repeal our bylaws; |

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| • |     | restrict the forum for certain litigation against us to Delaware; |

| • |     | provide that stockholders may not act by written consent following the time when the Ares Funds cease to                                                                                                                                  
 beneficially own at least a majority of the shares of our outstanding common stock, which time we refer to as the “Trigger Date”, which would require stockholder action to be taken at an annual or special meeting of our stockholders; |

| • |     | prohibit stockholders from calling special meetings