Company: SVV
Filing Date: 2025-05-13
Form Type: S-3
Source: 0001193125-25-118371
Chunk: 43

Company: Savers Value Village, Inc.
Filing Date: 2025-05-13
Form: S-3
Chunk 43
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 our company or changes in our management that our stockholders may deem advantageous. In particular, our certificate of incorporation and bylaws:

| • |     | establish a classified board of directors so that not all members are elected at one time; |

| • |     | permit our board of directors to establish the number of directors and fill any vacancies (including vacancies                                                                                              
 resulting from an expansion in the size of our board of directors), except in the case of the vacancy of an Ares Funds-designated director (in which case the Ares Funds will be able to fill the vacancy); |

| • |     | establish limitations on the removal of directors; |

| • |     | authorize the issuance of “blank check” preferred stock that our board of directors could use to 
 implement a stockholder rights plan;                                                             |

| • |     | provide that our board of directors is expressly authorized to make, alter or repeal our bylaws; |

S-10

| • |     | restrict the forum for certain litigation against us to Delaware; |

| • |     | provide that stockholders may not act by written consent following the time when the Ares Funds cease to                                                                                                                                  
 beneficially own at least a majority of the shares of our outstanding common stock, which time we refer to as the “Trigger Date”, which would require stockholder action to be taken at an annual or special meeting of our stockholders; |

| • |     | prohibit stockholders from calling special meetings following the Trigger Date, which would delay the ability of                 
 our stockholders to force consideration of a proposal or to take action, including with respect to the removal of directors; and |

| • |     | establish advance notice requirements for nominations for election to our board of directors or for proposing                                                                                                                                      
 matters that can be acted upon by stockholders at annual stockholder meetings, which may discourage or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting 
 to obtain control of us.                                                                                                                                                                                                                           |

Section 203 of the Delaware General Corporation Law, or the DGCL, prohibits a publicly held Delaware corporation from engaging in a business combination with an interested stockholder, generally a person, individually or together with any other interested stockholder, who owns or within the last three years has owned 15% of our voting stock, unless the business combination is approved in a prescribed manner. We have elected to opt out of Section 203 of the DGCL. While our certificate of incorporation contains a