Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 126

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 126
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 its affiliates (including for this purpose, the Investor) will not exceed $3,000,000 in the aggregate). Similarly, under certain circumstances, if the Merger is not completed, Parent may be obligated to pay the Parent Termination Fee and the Company’s Enforcement Expenses (if any) to the Company (which obligations of Parent would be satisfied through the Company’s retention of the Deposit Amount and, in the case of its Enforcement Expenses, the investment earnings and interest earned thereon). Please see the section of this proxy statement entitled “The Merger Agreement — Termination Fees and Expenses; Limitations on Liability.”

Interests of Executive Officers and Directors of TrueCar in the Merger

In considering the recommendation of the Board that TrueCar Stockholders adopt the Merger Agreement, TrueCar Stockholders should be aware that the executive officers and directors of TrueCar have certain interests in the Merger that may be different from, or in addition to, the interests of TrueCar Stockholders generally. The Board was aware of these interests and considered them, among other matters, in approving the Merger Agreement and the transactions contemplated thereby, including the Merger, and in making its recommendation that TrueCar Stockholders approve the Merger Agreement.

For purposes of this disclosure, the Company’s executive officers are the NEOs listed below, including Mr. Ku, whose employment with the Company was terminated on September 1, 2025.

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Jantoon E. Reigersman, President and Chief Executive Officer;

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Oliver M. Foley, Chief Financial Officer;

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Jill S. Angel, Chief Operating Officer;

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Jeffrey J. Swart, Executive Vice President, General Counsel and Secretary; and

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Jay J. Ku, the Company’s former Chief Revenue Officer.

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TABLE OF CONTENTS

#### Treatment of Company Equity Awards
The Merger Agreement provides that at the Effective Time:

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each Company RSU that is (a) unvested and outstanding immediately prior to the Effective Time and (b) held by the Company’s current executive officers and non-employee directors will be accelerated and vest immediately prior to the Effective Time and be treated as Accelerated Company RSUs and no Company RSUs held by such individuals will be treated as Converted Stock Unit Cash Awards;

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each Vested Company RSU (including each Accelerated Company RSU), whether settleable in shares of Company Stock or cash, will be canceled, and Parent will cause the Surviving Corporation to pay each such holder,