Company: TRUE
Filing Date: 2025-10-15
Form Type: DEFA14A
Source: 0001104659-25-099777
Chunk: 10

Company: TrueCar, Inc.
Filing Date: 2025-10-15
Form: DEFA14A
Chunk 10
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 to the termination of the transaction
agreements, including in circumstances requiring the Company to pay a termination fee; (v) the effect of the announcement or
pendency of the proposed transaction on the Company’s business relationships, operating results and business generally; (vi) the
risk that the proposed transaction disrupts the Company’s current plans and operations; (vii) the Company’s ability
to retain and hire key personnel and maintain relationships with key business partners and customers, and others with whom it does business;
(viii) risks related to diverting management’s attention from the Company’s ongoing business operations; (ix) significant
or unexpected costs, charges or expenses resulting from the proposed transaction; (x) potential litigation relating to the proposed
transactions that could be instituted against the parties to the transaction agreements or their respective directors, managers or officers,
including the effects of any outcomes related thereto; (xi) uncertainties related to the continued availability of capital and
financing; (xii) certain restrictions during the pendency of the proposed transaction that may impact the Company’s ability
to pursue certain business opportunities or strategic transactions; (xiii) uncertainty as to timing of completion of the proposed
transaction; (xiv) the Company’s ability to solicit an alternative transaction during the “Go-Shop” period;
(xv) the impact of adverse general and industry-specific economic and market conditions; and (xvi) other risks described
in the Company’s filings with the SEC, including under the heading “Risk Factors” in its Annual Report on Form 10-K
for the year ended December 31, 2024, and any Quarterly Report on Form 10-Q or Current Report on Form 8-K that contain
updates thereto. Forward looking statements included herein are made only as of the date hereof and the Company does not undertake any
obligation to update any forward looking statements as a result of new information, future developments or otherwise, except as required
by law. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.

Email to Dealer Customers

Dear Valued Dealer,

I’m reaching out with exciting about the future
of TrueCar. We announced an agreement for TrueCar to be acquired by an investor group led by TrueCar founder Scott Painter. We believe
this transaction is a win-win for TrueCar, our investors, our affinity partner network, Certified Dealers and car buyers. Following the
completion of