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

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 25
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 qualifies as a Change in Control Transaction Determined Unit an amount in cash equal to the Merger Consideration per share of Company Stock, less any applicable withholding taxes. At the Effective Time, each Company PSU that is not a Change in Control Transaction Determined Unit will be canceled for no consideration.

#### Company Options
At the Effective Time, each Company Option, whether or not vested, will be canceled, and Parent will cause the Surviving Corporation to pay to each holder of a validly granted Company Option with an exercise price per share of Company Stock that is less than the Merger Consideration per share of Company Stock (each, an “

#### In-the-Money Company Option
”), within sixty (60) days following the Effective Time, for each share underlying an In-the-Money Company Option, an amount in cash equal to the Merger Consideration per share of Company Stock less: (i) the exercise price per share of Company Stock of the Company Option; and (ii) applicable withholding taxes. At the Effective Time, each Company Option that is not an In-the-Money Company Option will be canceled for no consideration.

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TABLE OF CONTENTS

Material U.S. Federal Income Tax Consequences of the Merger (See page 75)

The receipt of cash by Company Stockholders that are U.S. Holders (as defined under the section, “The Merger (Proposal 1) — Material U.S. Federal Income Tax Consequences of the Merger”) in exchange for shares of Common Stock in the Merger will be a taxable transaction for U.S. federal income tax purposes. Such receipt of cash by each Company Stockholder that is a U.S. Holder generally will result in gain or loss in an amount equal to the difference between the amount of cash received in the Merger and the U.S. Holder’s adjusted tax basis in the shares of Common Stock surrendered pursuant to the Merger by such U.S. Holder.

A Company Stockholder that is a Non-U.S. Holder (as defined under the section, “The Merger (Proposal 1) — Material U.S. Federal Income Tax Consequences of the Merger”) generally will not be subject to U.S. federal income tax with respect to the exchange of Common Stock for cash in the Merger unless such Non-U.S. Holder has certain connections to the United States.

Company Stockholders should read the section of this proxy statement captioned “The Merger (Proposal 1) — Material U.S