Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 139

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 139
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.S. expatriates and former citizens or long-term residents of the United States;

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TABLE OF CONTENTS

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holders that own or have owned (directly, indirectly or constructively, at any time during the five (5)-year period ending on the Closing Date) five percent or more of the outstanding Common Stock (by vote or value);

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holders required to accelerate the recognition of any item of gross income with respect to their shares of Common Stock as a result of such income being recognized on an applicable financial statement;

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grantor trusts;

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“controlled foreign corporations,” “passive foreign investment companies,” and corporations that accumulate earnings to avoid U.S. federal income tax;

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persons who hold or received Common Stock pursuant to the exercise of any employee stock option, in connection with a restricted stock unit award or company performance stock unit award or otherwise in a compensatory transaction;

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holders that own an equity interest in Parent following the Merger, including any holder of Rollover Shares;

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holders that hold their Common Stock through a bank, financial institution or other entity, or a branch thereof, located, organized or resident outside the United States; and

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holders that do not vote in favor of the Merger and that properly demand appraisal of their shares under Section 262 of the DGCL.

**If a partnership (including an entity or arrangement treated as a partnership for U.S. federal income tax purposes) is a beneficial owner of shares of Common Stock, the U.S. federal income tax treatment of such partnership and a partner in such partnership generally will depend upon the status of the partner, the activities of the partner and the partnership and certain determinations made at the partner level. Accordingly, partnerships (including entities or arrangements treated as partnerships for U.S. federal income tax purposes) holding shares of Common Stock, and partners in such partnerships, should consult their tax advisors as to the particular tax consequences to them of the Merger.

THE U.S. FEDERAL INCOME TAX TREATMENT OF THE TRANSACTIONS DISCUSSED HEREIN TO ANY PARTICULAR COMPANY STOCKHOLDER WILL DEPEND ON THE COMPANY STOCKHOLDER’S PARTICULAR TAX CIRCUMSTANCES. WE URGE YOU TO CONSULT YOUR TAX ADVISOR WITH RESPECT TO THE SPECIFIC TAX CONSEQUENCES TO YOU IN CONNECTION WITH THE MERGER IN LIGHT OF YOUR OWN PARTICULAR CIRCUMSTANCES, INCLUDING U.S. FEDERAL, STATE, LOCAL AND NON-U.S. INCOME AND OTHER TAX CONSEQU