Company: SVV
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001883313-25-000019
Chunk: 64

Company: Savers Value Village, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 64
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 effectively revoked or withdrawn.

The presence at the Annual Meeting, virtually or by proxy, of the holders of a majority of the voting power of the outstanding shares of stock entitled to vote at the meeting, constitutes a quorum. Withhold votes, abstentions and “broker non-votes” are counted as present and entitled to vote for purposes of determining a quorum.

Who is entitled to vote, and how many votes do I have?

If you owned Savers common stock at the close of business on April 7, 2025, the record date for our 2025 Annual Meeting, you are entitled to vote at the meeting. Each of the 157,737,323 shares of common stock outstanding on the record date is entitled to one vote.

What are the voting requirements to elect directors and approve the other proposals described in this Proxy Statement?

With respect to Proposal No. 1, the three director nominees receiving the largest number of “for” votes will be elected.

With respect to Proposal No. 2 and Proposal No. 3, the affirmative vote of the holders of a majority of the shares present in person or represented by proxy at the meeting and entitled to vote on the subject matter is required for the proposal to be approved.

What are “broker non-votes” and how do withhold votes, abstentions and “broker non-votes” affect the proposals?

A broker non-vote occurs when a nominee holding shares for a beneficial owner does not vote the shares on a proposal because the nominee does not have discretionary voting power for a particular item and has not received instructions from the beneficial owner regarding voting. If your shares are held by a broker on your behalf and you do not instruct the broker as to how to vote these shares on Proposals No. 1 and 3, the broker may not exercise discretion to vote on those proposals. Broker non-votes for Proposals No. 1 and 3 are not counted as shares entitled to vote on such matters and therefore will have no effect on the proposals. With respect to Proposal No. 2, the ratification of the appointment of our independent registered public accounting firm for the fiscal year ending January 3, 2026, the broker may exercise its discretion to vote for or against that proposal in the absence of your instruction. Accordingly, we do not expect there to be any broker non-votes for Proposal No. 2.

A “vote withheld,” in the case of the proposal regarding the election of the Class II directors, or an “abstention