Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 61

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 61
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 an instruction to abstain from voting on such proposals, such Company Stockholder’s abstention will be counted in connection with the determination of whether a quorum is present and will have the same effect as a vote “

### AGAINST
” each of the Advisory

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TABLE OF CONTENTS

Compensation Proposal and the Adjournment Proposal. However, the failure to vote or give voting instructions on either the Advisory Compensation Proposal or the Adjournment Proposal will have no effect on either of the Advisory Compensation Proposal or the Adjournment Proposal. If there is no quorum, then either (i) the chairperson of the Special Meeting, or (ii) if the chairperson does not act, the Company Stockholders entitled to vote at the Special Meeting, present in person or represented by proxy, shall have power to adjourn the Special Meeting from time to time, without notice other than announcement at the meeting, until a quorum is present or represented.

The Merger is conditioned on, among other things, the approval of the Merger Proposal at the Special Meeting. The Advisory Compensation Proposal and the Adjournment Proposal are not conditioned on the approval of any other proposal set forth in this proxy statement. The Merger is not conditioned on approval of the Advisory Compensation Proposal or the Adjournment Proposal.

Pursuant to the Caledonia Support Agreement, Caledonia (which, based on its most recent available Schedule 13G/A filing, as of December 31, 2023, owned 18,365,289 shares of Common Stock representing approximately 20.7% of the Company’s shares of Common Stock as of November 13, 2025) have agreed, subject to the terms and conditions thereof, to vote (or cause to be voted) all shares of Common Stock held by Caledonia as of the Record Date in favor of the Merger Proposal, the Advisory Compensation Proposal and the Adjournment Proposal at the Special Meeting. Additionally, Management Stockholders have entered into Support Agreements pursuant to which they have agreed, among other things, subject to the terms and conditions thereof, to, irrevocably and unconditionally affirmatively vote (or cause to be voted) all shares of Common Stock owned by them in favor of, among other things, the Merger Proposal at the Special Meeting. The Management Stockholders beneficially and collectively owned approximately 3.7% of the outstanding shares of Common Stock as of November 13, 2025.