Company: TRUE
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-033025
Chunk: 20

Company: TrueCar, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 20
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. Rodriguez is a non-employee director, as defined by Rule 16b-3 promulgated under the Exchange Act. Board Committees and Management’s Disclosure Committee Our Board has an audit committee, a compensation and workforce committee and a nominating and corporate governance committee. The Company also has a standing disclosure committee. The composition and responsibilities of each of the committees of our Board and management’s disclosure committee are described below. Members serve on these committees until their resignation or until otherwise determined by our Board. Each of these committees 12 TABLE OF CONTENTS 2025 ANNUAL PROXY STATEMENT operates under a written charter adopted by our Board that is available on the Investor Relations section of our website at http://ir.truecar.com/documents-and-charters. Audit Committee Our audit committee is currently comprised of Mmes. Carbone and Iosotaluno and Mr. Buce. Ms. Carbone serves as the chair of the audit committee. One of our former directors, Erin. Lantz served on the audit committee until her departure from the Board in May 2024. The Board has appointed Mr. Harrington to serve on the audit committee following Mr. Buce’s retirement at conclusion of the Annual Meeting. Each member of our audit committee meets the requirements for independence of audit committee members under current Nasdaq listing standards and SEC rules and regulations. Each member of our audit committee meets the financial literacy requirements of the current Nasdaq listing standards. In addition, our Board has determined that both Mr. Buce and Ms. Carbone qualify as audit committee financial experts within the meaning of Item 407(d) of Regulation S-K under the Exchange Act. During 2024, the audit committee held five meetings. The responsibilities of our audit committee include, among other things: • selecting and hiring the independent registered public accounting firm to audit our financial statements; • helping to ensure the independence and performance of the independent registered public accounting firm; • approving audit and non-audit services and fees; • reviewing financial statements and discussing with management and the independent registered public accounting firm our annual audited and quarterly financial statements, the results of the independent audit and the quarterly reviews and the reports and certifications regarding internal controls over financial reporting and disclosure controls; • reviewing and discussing with management and the independent registered public accounting firm our policies with respect to earnings press releases and financial information and earnings guidance provided to the public; • preparing the audit committee report for inclusion in our annual proxy statement; • reviewing reports and communications from the independent registered public accounting firm; • reviewing our compliance