Company: SVV
Filing Date: 2025-04-28
Form Type: DRS
Source: 0000950123-25-003766
Chunk: 15

Company: Savers Value Village, Inc.
Filing Date: 2025-04-28
Form: DRS
Chunk 15
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 us, on the other. Additionally, we are able to enter into a business combination with an interested stockholder if:

| • |     | before that person became an interested stockholder, our board of directors approved the transaction in which the 
 interested stockholder became an interested stockholder or approved the business combination;                     |

| • |     | upon consummation of the transaction that resulted in the interested stockholder becoming an interested                                                                                                                                                   
 stockholder, the interested stockholder owned at least 85% of our voting stock outstanding at the time the transaction commenced, excluding for purposes of determining the voting stock outstanding (but not the outstanding voting stock owned by the   
 interested stockholder) stock held by directors who are also officers of our company and by employee stock plans that do not provide employees with the right to determine confidentially whether shares held under the plan will be tendered in a tender 
 or exchange offer; or                                                                                                                                                                                                                                     |

| • |     | following the transaction in which that person became an interested stockholder, the business combination is                                                                                                       
 approved by our board of directors and authorized at a meeting of stockholders by the affirmative vote of the holders of at least 66 2/3% of our outstanding voting stock not owned by the interested stockholder. |

In general, a “business combination” is defined to include mergers, asset sales and other transactions resulting in financial benefit to a stockholder and an “interested stockholder” is any person who, together with affiliates and associates, is the owner of 15% or more of our outstanding voting stock or is our affiliate or associate and was the owner of 15% or more of our outstanding voting stock at any time within the three-year period immediately before the date of determination. Under our Certificate, an “interested stockholder” generally does not include the Ares Funds or any affiliate of the Ares Funds, their respective direct and indirect transferees or any of their respective affiliates, controlled portfolio companies or successors. Other Provisions of our Certificate and Bylaws Action by written consent; special meetings of stockholders Our Certificate provides that, from and after the time when the Ares Funds (or their affiliates) cease to beneficially own at least 40% of the shares of our outstanding common stock, which time we refer to as the “Trigger Date”, our stockholders may not act by written consent, which may lengthen the amount of time required to take stockholder actions. As a result, following the Trigger Date, a holder controlling a majority of