Company: SVV
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001883313-25-000019
Chunk: 39

Company: Savers Value Village, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 39
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 10 |   |
| Jay Stasz         |     |                         |  75 |   |        |   232,527 |     |               |  23,253 |     |                        | 10 |   |

#### Long-Term Equity Incentives

#### Fiscal 2024 Grants to Named Executive Officers
In fiscal 2024, the Company continued to make the transition from private-company to public-company compensation programs. As part of this transition, an annual grant process was adopted under which long-term incentives will generally be delivered in Q1 of each year.

For fiscal 2024, the target values of long-term incentive grants consisted of 50% stock options and 50% RSUs. Both the stock options and RSUs vest approximately 1/3 on the second, third, and fourth anniversary of the grant date. In determining the structure of the awards and vesting schedule, the Committee evaluated market practice and the value of unvested long-term incentives held by the executives, and desired to develop a program that helped retain key executives and reward for stockholder value creation. In addition, as part of the overall compensation package of our new CFO, equity grants in the same combination of options and RSUs were issued, with approximately 1/3 vesting on each of the first, second and third anniversary of the grant date.

| Savers Value Village, Inc. | 32 |     | 2025 Proxy Statement |

Table of C ontents

#### Key Features of Pre-IPO Equity Grants
Equity compensation has been an important part of our executive compensation program. Before our IPO, we granted options that vest over time, but also, for options granted prior to 2022, a portion that vested depending on our sponsor’s return on investment. Stock options were viewed as an appropriate equity incentive for a private company to align management with our stockholders because stock options have an exercise price based on the value at the time of grant, and so the potential future value of the stock option would directly represent an increase in the value of our stock over the term of the option, benefiting our stockholders.

With respect to performance-based stock options granted to our NEOs prior to 2022, 25% of those options became vested on our IPO and 25% vested on the one-year anniversary of the IPO.

#### Our Decision Making Process

#### The Role of the Compensation Committee
Our executive compensation programs have historically been determined by our Board and our Compensation Committee. In determining the overall level of