SCHEDULE 13G/A 0001104659-24-019940 0001259313 XXXXXXXX LIVE 1 Common Stock, par value $0.000001 per share 06/30/2025 0001883313 Savers Value Village, Inc. 80517M109 11400 S.E. 6th Street, Suite 125 Bellevue WA 98004 Rule 13d-1(d) ASSF IV AIV B Holdings III, L.P. b DE 0.00 8693796.00 0.00 8693796.00 8693796.00 N 5.6 PN ASSF IV AIV B, L.P. b DE 0.00 7945865.00 0.00 7945865.00 7945865.00 N 5.1 PN ASSF Operating Manager IV, L.P. b DE 0.00 18829416.00 0.00 18829416.00 18829416.00 N 12.1 PN ASOF Holdings I, L.P. b DE 0.00 32609674.00 0.00 32609674.00 32609674.00 N 21.0 PN ASOF Investment Management LLC b DE 0.00 32609674.00 0.00 32609674.00 32609674.00 N 21.0 OO Limited Liability Company Ares Corporate Opportunities Fund V, L.P. b DE 0.00 66010098.00 0.00 66010098.00 66010098.00 N 42.4 PN ACOF Investment Management LLC b DE 0.00 66010098.00 0.00 66010098.00 66010098.00 N 42.4 OO Limited Liability Company Ares Management LLC b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 OO Limited Liability Company Ares Management Holdings L.P. b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 PN Ares Holdco LLC b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 OO Limited Liability Company Ares Management Corporation b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 CO Ares Voting LLC b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 OO Limited Liability Company Ares Management GP LLC b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 OO Limited Liability Company Ares Partners Holdco LLC b DE 0.00 117449188.00 0.00 117449188.00 117449188.00 N 75.5 OO Limited Liability Company Savers Value Village, Inc. 11400 S.E. 6th Street, Suite 125, Bellevue, WA, 98004 Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons" or the "Ares Entities." This statement is filed on behalf of: ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV Holdings") ASSF IV AIV B, L.P. ("ASSF IV AIV") ASSF Operating Manager IV, L.P. ASOF Holdings I, L.P. ("ASOF Holdings I") ASOF Investment Management LLC Ares Corporate Opportunities Fund V, L.P. ("ACOF V") ACOF Investment Management LLC Ares Management LLC Ares Management Holdings L.P. Ares Holdco LLC Ares Management Corporation ("Ares Management") Ares Voting LLC Ares Management GP LLC Ares Partners Holdco LLC ("Ares Partners") The principal business address of each of the Reporting Persons is c/o Ares Management LLC, 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067. The Reporting Persons are each organized under the laws of the State of Delaware. Y The information contained on the cover pages to this Schedule 13G is incorporated by reference into this Item 4. The ownership information presented herein represents beneficial ownership of the shares of Common Stock as of June 30, 2025, based upon 155,555,984 shares of Common Stock outstanding as of July 28, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 31, 2025. Includes 8,693,796 shares held by ASSF IV AIV Holdings, 7,945,865 shares held by ASSF IV AIV, 32,609,674 shares held by ASOF Holdings I and 66,010,098 shares held by ACOF V. Also includes 2,189,755 shares held by an account managed by ASSF Operating Manager IV, L.P. with respect to which the Ares Entities may be deemed to have shared voting or dispositive power. Ares Partners is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management, which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the sole member of ACOF Investment Management LLC, which is the manager of ACOF V; (ii) the general partner of ASSF Operating Manager IV, L.P., which is the manager of each of ASSF IV AIV Holdings and ASSF IV AIV; and (iii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF Holdings I. Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners. See Item 11 of each of the cover pages hereto. See Item 5 of each of the cover pages hereto. See Item 6 of each of the cover pages hereto. See Item 7 of each of the cover pages hereto. See Item 8 of each of the cover pages hereto. Y Y Y Y Y Y Exhibit 99: Joint Filing Agreement (previously filed). ASSF IV AIV B Holdings III, L.P. By: ASSF Operating Manager IV, L.P., its manager, /s/ Evan Hoole 08/13/2025 ASSF IV AIV B, L.P. By: ASSF Operating Manager IV, L.P., its manager, /s/ Evan Hoole 08/13/2025 ASSF Operating Manager IV, L.P. /s/ Evan Hoole 08/13/2025 ASOF Holdings I, L.P. By: ASOF Investment Management LLC, its manager, /s/ Evan Hoole 08/13/2025 ASOF Investment Management LLC /s/ Evan Hoole 08/13/2025 Ares Corporate Opportunities Fund V, L.P. By: ACOF Investment Management LLC, its manager, /s/ Evan Hoole 08/13/2025 ACOF Investment Management LLC /s/ Evan Hoole 08/13/2025 Ares Management LLC /s/ Anton Feingold 08/13/2025 Ares Management Holdings L.P. By: Ares Holdco LLC, its general partner, /s/ Anton Feingold 08/13/2025 Ares Holdco LLC /s/ Anton Feingold 08/13/2025 Ares Management Corporation /s/ Anton Feingold 08/13/2025 Ares Voting LLC By: Ares Partners Holdco LLC, its sole member, /s/ Anton Feingold 08/13/2025 Ares Management GP LLC /s/ Anton Feingold 08/13/2025 Ares Partners Holdco LLC /s/ Anton Feingold 08/13/2025