Company: SVV
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001883313-25-000019
Chunk: 69

Company: Savers Value Village, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 69
---
 such a request as specified in the preceding sentence.

If you are a stockholder whose shares are held by a broker, bank or other nominee, you can request information about householding from your broker, bank or other nominee.

| Savers Value Village, Inc. | 58 |     | 2025 Proxy Statement |

Table of C ontents

Appendix A

#### Reconciliation to GAAP Measures
A reconciliation of GAAP net income to Adjusted EBITDA is presented in the table below:

|                                      | (dollars in thousands) | Fiscal Year |    2024 |     |   |    2023 |     |   |    2022 |
|:-------------------------------------|:-----------------------|:------------|--------:|:----|:--|--------:|:----|:--|--------:|
| Net income                           |                        | $           |  29,030 |     | $ |  53,115 |     | $ |  84,720 |
| Interest expense, net                |                        |             |  62,444 |     |   |  88,500 |     |   |  64,744 |
| Income tax expense (benefit)         |                        |             |  20,404 |     |   |  -6,036 |     |   |  39,578 |
| Depreciation and amortization        |                        |             |  69,530 |     |   |  61,144 |     |   |  55,753 |
| Loss on extinguishment of debt(1)    |                        |             |   4,088 |     |   |  16,626 |     |   |   1,023 |
| Stock-based compensation expense(2)  |                        |             |  61,636 |     |   |  72,604 |     |   |   1,943 |
| Non-cash occupancy-related costs(3)  |                        |             |   7,943 |     |   |   5,902 |     |   |   1,464 |
| Lease intangible asset expense(4)    |                        |             |   3,531 |     |   |   4,093 |     |   |   7,677 |
| Pre-opening expenses(5)              |                        |             |  14,768 |     |   |