Company: SVV
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001883313-25-000019
Chunk: 42

Company: Savers Value Village, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 42
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 and that FW Cook continued to be an independent advisor to the Committee.

#### Health and Welfare Benefits
The named executive officers are eligible to participate in our health and welfare benefit plans, including medical benefits and life insurance.

| Savers Value Village, Inc. | 34 |     | 2025 Proxy Statement |

Table of C ontents

#### 401(k) Retirement Plan
We maintain a tax-qualified defined contribution plan, or a 401(k) plan, in which all employees may make contributions from eligible compensation, subject to Internal Revenue Code (the “Code”) limits. We make matching contributions, subject to Code limits. The NEOs are eligible to participate in the 401(k) plan on the same terms as other participating U.S. employees.

#### Deferred Compensation Plan
The NEOs are eligible to participate in our non-qualified deferred compensation plan. Participants may elect to defer all or a portion of their eligible salary and bonus until a specified date. Executive officers who defer salary or bonus under this plan are credited with market-based returns depending upon the investment choices made by the executive. The investment options under the plan, which are similar to those provided under our qualified 401(k) plan, include a number of mutual funds with varying risk and return profiles.

#### Hedging and Pledging Prohibitions
Our policies prohibit our executive officers from engaging in pledging or hedging transactions with respect to Savers stock.

Severance, Retirement, and Change of Control Provisions

Under our employment agreements with executive officers, we provide benefits in connection with certain terminations of employment, together with provisions in our equity plan documents described below. Each NEO has agreed to post-employment non-competition, non-solicitation, and other covenants intended to protect our business.

We believe that these benefits assist in attracting and retaining high quality executives, in our succession planning, and in keeping our executives focused on their responsibilities during any period in which a change of control may be contemplated or pending and that, more generally, it is important to define the relative obligations of the Company and our NEOs, including obtaining protection against competition and solicitation. We seek to achieve these objectives in a manner consistent with our other compensation objectives described above, taking into account contractual obligations, applicable law and current market practice, among other considerations. These provisions are described in more detail under Compensation Tables—Potential Payments upon Termination or Change of Control.

Policies on Clawback, Forfeiture, and Recovery of Compensation

Our clawback policy provides that,