Company: SVV
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001883313-25-000019
Chunk: 7

Company: Savers Value Village, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 7
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 compensation program. Our executive compensation program has historically been determined by our Board and Compensation Committee. Our fiscal 2024 executive compensation program was structured to:

• recruit and retain talented executives through a combination of fixed and variable compensation;

• reward performance against our business goals through payment of annual incentive bonuses; and

• align interests of management with those of our stockholders through the grant of stock options and RSUs.

As a result, our executive compensation program has three primary elements: base salary, annual cash incentives, and long-term equity compensation. We also provide retirement and termination benefits and limited other benefits.

| Key Compensation Element |     |                               |     | Objective and Key Features                                                                  |
| Fixed                    |     | Base salary                   |     | Provides competitive, fixed cash compensation necessary to attract and retain executives    
 Reflects individual responsibilities, performance, experience, and value in the marketplace |
| At Risk                  |     | Annual cash incentives        |     | Provides incentive for achieving annual financial goals that reflect our growth             |
|                          |     | Long-term equity compensation |     | Provides incentive for long-term performance                                                
 Links compensation earned to the creation of long-term stockholder value                    
 Aligns interests of management with those of stockholders                                   
 Supports retention of key talent                                                            |

#### Savers Value Village, Inc.32025 Proxy Statement
Table of C ontents

Proposal 1: Election of Class II Directors

Our Board of Directors (the “Board”) is currently comprised of nine directors and equally divided into three classes. Directors in each class serve for a three-year term beginning and ending in different years than those of the other two classes. The terms of the existing Class II directors, Mark Walsh, Robyn Collver and William T. Allen, expire at the 2025 Annual Meeting.

On the recommendation of the Nominating, Governance & Sustainability Committee, the Board has nominated Mark Walsh, Robyn Collver and William T. Allen to stand for election at the 2025 Annual Meeting. If elected, they will hold office until our 2028 Annual Meeting of Stockholders and until their successors are duly elected and qualified.

Nominees for Election

We believe that our nominees possess the professional and personal qualifications necessary for service on our Board. Each brings expertise, a deep knowledge of our business, and a valuable perspective to support the long-term success of our business. We have highlighted qualifications of our director nominees in the individual biographies below. Please also see Director Qualifications below for additional information about the skills of our directors, how