Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 2

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 2
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 proxy statement, has unanimously: (i) determined that the Merger Agreement and the Transactions (as defined below), including the Merger, are advisable, fair to and in the best interests of the Company and its stockholders; (ii) approved the execution, delivery and performance by the Company of the Merger Agreement, the Support Agreements (as defined below), and the consummation of the transactions contemplated thereby, including the Merger (collectively, with the financing contemplated by

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the Equity Commitment Letter (as defined in the accompanying proxy statement), the “

#### Transactions
”); (iii) declared advisable the Merger Agreement and the Transactions on the terms and subject to the conditions set forth in the Merger Agreement; (iv) resolved to recommend that the Company’s stockholders vote to approve and adopt the Merger Agreement and the Transactions, including the Merger; and (v) directed that the Merger Agreement be submitted to the Company’s stockholders for their approval. Accordingly, the Board unanimously recommends that TrueCar’s stockholders vote “FOR” the Merger Proposal, “FOR” the Advisory Compensation Proposal and “FOR” the Adjournment Proposal.

Concurrently with the execution and delivery of the Merger Agreement, the Company, Parent and Merger Subsidiary entered into (a) that certain Voting and Support Agreement, dated as of October 14, 2025 (as it may be amended, supplemented or otherwise modified in accordance with its terms, the “

#### Caledonia Support Agreement
”) (a copy of which is attached as

#### Annex C
to the accompanying proxy statement), with Caledonia (Private) Investments Pty Limited and Caledonia US, LP (collectively, “

#### Caledonia
”); and (b) those certain Voting and Support Agreements (as any of them may be amended, supplemented or otherwise modified in accordance with their respective terms, the “

### Management Support Agreements
” and, together with the Caledonia Support Agreement, the “

#### Support Agreements
”) (a copy of the form of which is attached as

#### Annex D
to the accompanying proxy statement) with all of the Company’s directors and executive officers (collectively, the “

### Management Stockholders
” and, together with Caledonia, the “

#### Supporting Stockholders
**”). Pursuant to their respective Support Agreements, each Supporting Stockholder agreed, subject to the terms and conditions