Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 367

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 367
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### EQUITY COMMITMENT LETTER
<div align='center'>October 14, 2025</div>

Fair Holdings, Inc. 
 [***] 
 [***]

Attention:

Scott Painter 
 Leopold Visser

E-mail:

[***]

with a copy (which shall not constitute notice) to:

Perkins Coie LLP 
 1301 Second Ave 
 Seattle, WA 98101

Attention:

Troy Foster 
 Gina Eiben

E-mail:

TroyFoster@perkinscoie.com 
 GEiben@perkinscoie.com

Ladies and Gentlemen:

In connection with the Agreement and Plan of Merger dated as of the date hereof (as amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time in accordance with the terms thereof, the “ Merger Agreement ”), by and among TrueCar, Inc., a Delaware corporation (the “ Company ”), Fair Holdings, Inc., a Delaware corporation (“ Parent ”), and Rapid Merger Subsidiary, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“ Merger Subsidiary ”), the undersigned investor (the “ Investor ”) commits to purchase, directly or indirectly, securities of Parent, subject only to the terms and conditions herein, for an aggregate purchase price in cash equal to the amount set forth on

#### Exhibit A
(the “ Commitment ”). The proceeds of the Commitment will be used solely for the purposes of Parent acquiring, directly or indirectly, 100% of the outstanding equity interests of the Company, which will be effected by the merger of Merger Subsidiary with and into the Company with the Company surviving such merger as a wholly-owned subsidiary of Parent, in each case, as further set forth in, and subject to the terms and conditions of, the Merger Agreement (the “ Transaction ”). This letter agreement is referred to herein as this “ Equity Commitment Letter ”. Capitalized terms used but not otherwise defined herein shall have the respective meanings given to them in the Merger Agreement.

1. Commitment .

a. Subject only to the terms and conditions set forth in Section 1(d) hereof, the Investor hereby irrevocably commits and agrees to acquire, directly or indirectly, the securities of Parent set forth on

#### Exhibit A
for an aggregate purchase price in cash equal to the Commitment. The proceeds from the Investor’s Commitment shall be used by Parent to pay a portion of the