Company: SVV
Filing Date: 2025-05-13
Form Type: S-3
Source: 0001193125-25-118371
Chunk: 32

Company: Savers Value Village, Inc.
Filing Date: 2025-05-13
Form: S-3
Chunk 32
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 Share Repurchase

We regularly evaluate alternatives to deliver value to our stockholders and optimize our capital structure.

We intend to purchase from the underwriters $20.0 million of the shares of our common stock offered in this offering, at a price per
share equal to the price per share to be paid by the underwriters to the selling stockholders. Assuming a repurchase price of $11.30 per share, the last reported sale price per share of our common stock on the NYSE on May 12, 2025, we
would purchase 1,769,912 shares of our common stock from the underwriters in the Concurrent Share Repurchase.

The terms and conditions of
the Concurrent Share Repurchase were reviewed and approved by an independent committee of our board of directors, with the input of independent counsel. The Concurrent Share Repurchase will be funded from our existing cash on hand and is not part of
our existing share repurchase program authorized on November 9, 2023. The underwriters will not receive any compensation for the shares being repurchased by us. See “Concurrent Share Repurchase.”

Ares

Ares
Management Corporation (NYSE: ARES) (“Ares”) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure
asset classes. Ares seeks to provide flexible capital to support businesses and create value for its stakeholders and within its communities. By collaborating across its investment groups, Ares aims to generate consistent and attractive investment
returns throughout market cycles. As of March 31, 2025, Ares’ global platform had approximately $546 billion of assets under management, with approximately 4,100 employees operating across North America, South America, Europe, Asia Pacific
and the Middle East. We use the term “Ares Funds” to describe certain funds, investment vehicles or accounts managed or advised by Ares Management LLC or its affiliates that hold our voting stock.

Prior to this offering, the Ares Funds indirectly owned approximately 85.52% of our outstanding shares of common stock. After giving effect to
this offering and the Concurrent Share Repurchase, the Ares Funds will hold approximately 76.89% of our outstanding common stock (or 75.45% if the underwriters exercise their option to purchase additional shares in full).

The Ares Funds have significant power to control our affairs and policies, including with respect to the election of directors (and through
the election of directors, the