Company: SVV
Filing Date: 2025-05-13
Form Type: S-3
Source: 0001193125-25-118371
Chunk: 42

Company: Savers Value Village, Inc.
Filing Date: 2025-05-13
Form: S-3
Chunk 42
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 increasing or decreasing the size of our board of directors; and |

| • |     | entering into any agreement to do any of the foregoing. |

The interests of the Ares Funds could conflict with or differ from our interests or the interests of our other stockholders. For example, the concentration of ownership held by the Ares Funds could delay, defer or prevent a change in control of our company or impede a merger, takeover or other business combination which may otherwise be favorable for us. Additionally, the Ares Funds are in the business of making investments in companies and may, from time to time, acquire and hold interests in or provide advice to businesses that compete directly or indirectly with us, or are suppliers or customers of ours. Any such investment may increase the potential for the conflicts of interest discussed in this risk factor. Our status as a “Controlled Company” within the meaning of the NYSE rules exempts us from certain corporate governance requirements. After giving effect to this offering and the Concurrent Share Repurchase, the Ares Funds will continue to control a majority of the voting power of our outstanding voting stock, and as a result we will remain a controlled company within the meaning of the NYSE corporate governance standards. Under the NYSE rules, a company of which more than 50% of the voting power is held by another person or group of persons acting together is a controlled company and may elect not to comply with certain corporate governance requirements, including the requirements that:

| • |     | a majority of the board of directors consist of independent directors; |

| • |     | the nominating, governance and sustainability committee be composed entirely of independent directors with a 
 written charter addressing the committee’s purpose and responsibilities; and                                 |

| • |     | the compensation committee be composed entirely of independent directors with a written charter addressing the 
 committee’s purpose and responsibilities.                                                                      |

We expect to continue to be a Controlled Company.As a result, we may not have a majority of independent directors and our nominating, governance and sustainability committee and compensation committee may not consist entirely of independent directors or be required to ratify other independence obligations. Accordingly, you may not have the same protections afforded to stockholders of companies that are subject to all of the corporate governance requirements of the NYSE. Certain provisions in our certificate of incorporation and our bylaws may delay or prevent a change of control. Our certificate of incorporation and bylaws contain provisions that could depress the trading price of our common stock by acting to discourage, delay or prevent a change of control of