Company: SVV
Filing Date: 2025-05-13
Form Type: S-3
Source: 0001193125-25-118371
Chunk: 24

Company: Savers Value Village, Inc.
Filing Date: 2025-05-13
Form: S-3
Chunk 24
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 December 28, 2024 and December 30, 2023, the related
consolidated statements of operations and comprehensive income, stockholders’ equity and cash flows for the fiscal years ended December 28, 2024, December 30, 2023, and December 31, 2022 and the related notes, and
management’s assessment of the effectiveness of internal control over financial reporting as of December 28, 2024 have been incorporated by reference herein in reliance upon the reports of KPMG LLP, independent registered public accounting
firm, incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing.

The audit report on
the effectiveness of internal control over financial reporting as of December 28, 2024, expresses an opinion that Savers Value Village, Inc. did not maintain effective internal control over financial reporting as of December 28, 2024
because of the effect of a material weakness on the achievement of the objectives of the control criteria and contains an explanatory paragraph that states “There were ineffective information technology general controls (“ITGCs”) in
the areas of user access and program change-management over certain information technology (“IT”) systems that support the Company’s financial reporting processes. These control deficiencies were a result of: IT control processes
lacked sufficient documentation; insufficient training and accountability of certain individuals with IT expertise; and inadequate risk-assessment processes to identify and assess changes in IT environments and controls that could impact internal
control over financial reporting. As a result, process level automated controls that are dependent on the affected IT environment and manual controls that rely on system-generated data or reports from the affected IT environment were ineffective
because they could have been adversely impacted.”

21

The information in this prospectus supplement is not complete and may be changed. This prospectus supplement and the accompanying prospectus are part of an effective registration statement filed with the Securities and Exchange Commission. This prospectus supplement and the accompanying prospectus are not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

Subject to Completion, dated May 13, 2025 PROSPECTUS SUPPLEMENT (To Prospectus dated May 13, 2025) 15,000,000 Shares Savers Value Village, Inc. Common Stock Certain funds, investment vehicles or accounts managed or advised by Ares Management LLC or its affiliates (the “Ares selling stockholders”) and Mark Walsh,