Exhibit 99.1
Savers Value Village, Inc. Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
BELLEVUE, Wash. – August 11, 2026 – Savers Value Village, Inc. (the “Company”) (NYSE: SVV), the
largest for-profit thrift operator in the United States (“U.S.”) and Canada for value priced pre-owned clothing, accessories and household goods,
today announced the commencement of a proposed secondary public offering (the “Offering”) of 15,000,000 shares of its common stock offered by certain Ares Private Equity and Opportunistic Credit funds and accounts (the
“Selling Stockholders”). As part of the Offering, the Selling Stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common
stock at the public offering price, less the underwriting discount.
In addition, the Company has authorized the concurrent purchase from the underwriters
of $10 million of the shares of common stock as part of the Offering, at a price per share equal to the price per share to be paid by the underwriters to the Selling Stockholders (the “Concurrent Share Repurchase”). The Company
intends to fund the Concurrent Share Repurchase from its existing cash on hand and it is not part of its existing share repurchase program. The underwriters will not receive any compensation for the shares being repurchased by the Company.
The Selling Stockholders are offering all of the shares of common stock being sold in this Offering, including any shares that may be sold in connection with
the exercise of the underwriters’ option to purchase additional shares, and will receive all of the net proceeds from the sales of shares of common stock being sold in this Offering. The Company is not selling any shares of its common stock in
this Offering and will not receive any proceeds from the sale of the shares by the Selling Stockholders.
J.P. Morgan Securities LLC, Goldman Sachs &
Co. LLC, Jefferies LLC and UBS Securities LLC are acting as the joint book-running managers and underwriters for the Offering.
The proposed Offering will
be made only by means of a prospectus. A copy of the preliminary prospectus relating to this Offering, when available, may be obtained by contacting J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, or Email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282,
Telephone: (866) 471-2526, Facsimile: 212-902-9316, or Email: Prospectus-ny@ny.email.gs.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at
Prospectus_Department@Jefferies.com; and UBS Securities LLC, by mail at Attention: Prospectus Department, 11 Madison Avenue, New York, New York 10010, or by email at ol-prospectus-request@ubs.com.
A registration statement on Form S-3 relating to these securities was declared effective by the Securities and
Exchange Commission (the “Commission”) on May 14, 2025. A preliminary prospectus supplement relating to the Offering has also been filed with the Commission. This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws
of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
About the Savers® Value Village®
family of thrift stores
As the largest for-profit thrift operator in the U.S. and Canada for value priced pre-owned clothing, accessories and household goods, our mission is to champion reuse and inspire a future where secondhand is second nature.