Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): June 5, 2024

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Savers Value Village, Inc.

(Exact name of Registrant as specified in its charter)

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Delaware (State of Incorporation)	001-41733 (Commission File Number)	83-4165683 (I.R.S. Employer Identification Number)
11400 S.E. 6th Street, Suite 125 Bellevue, WA 98004
(Address of principal executive offices and zip code)
(425) 462-1515
(Registrant's telephone number, including area code)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading Symbol	Name of each exchange on which registered
Common stock, par value $0.000001	SVV	The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 - Submission of Matters to a Vote of Security Holders.

The annual meeting of stockholders of Savers Value Village, Inc. (the “Company”) was held on June 5, 2024. The matters voted upon at the annual meeting and the final results of such voting are set forth below. A more complete description of each proposal is set forth in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 22, 2024 (the “Proxy”).

Proposal 1: The Company’s stockholders elected each Class I director nominated by the Board of Directors, each to serve until the 2027 annual meeting of stockholders and until his or her successor is duly elected and qualified. The results of the voting were as follows:


Nominee	Votes For	Votes Withheld	Broker Non-Votes
Aaron Rosen	144,998,618	11,972,207	229,399
Jordan Smith	145,379,286	11,591,539	229,399
Susan O’Farrell	155,201,976	1,768,849	229,399

Proposal 2: The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 28, 2024. The results of the voting were as follows:


Votes For	Votes Against	Abstentions
156,458,214	706,177	35,833

Proposal 3: The Company’s stockholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion in the Proxy (the say-on-pay vote). The results of the voting were as follows:


Votes For	Votes Against	Abstentions	Broker Non-Votes
153,774,039	3,159,577	37,209	229,399

Proposal 4: The Company’s stockholders approved, on an advisory basis, the one-year option for the frequency of future advisory votes on the compensation of the Company’s named executive officers. The results of the voting were as follows:


1 Year	2 Years	3 Years	Abstentions	Broker Non-Votes
156,916,077	4,895	16,305	33,548	229,399

Based on the results of the vote, and consistent with the Board of Directors’ recommendation, the Board of Directors of the Company has determined that future advisory votes of stockholders to approve the compensation of the named executive officers will be submitted annually to the Company’s stockholders until the next advisory stockholder vote on the frequency of stockholder votes on executive compensation, or until the Board of Directors otherwise determines a different frequency for such advisory vote.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		SAVERS VALUE VILLAGE, INC.

Date:	June 07, 2024	By:	/s/ Richard Medway
		Name:	Richard Medway
		Title:	General Counsel, Chief Compliance Officer, Chief Sustainability Officer and Secretary

Cover	Jun. 05, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	Jun. 05, 2024
Entity Registrant Name	Savers Value Village, Inc.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-41733
Entity Tax Identification Number	83-4165683
Entity Address, State or Province	WA
Entity Address, Address Line One	11400 S.E. 6th Street, Suite 125
Entity Address, City or Town	Bellevue
Entity Address, Postal Zip Code	98004
City Area Code	425
Local Phone Number	462-1515
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common stock, par value $0.000001
Trading Symbol	SVV
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Amendment Flag	false
Entity Central Index Key	0001883313