Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 207

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 207
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 shares on the date the written demand for appraisal is made and must continue to hold the shares of record through the effective date of the Merger. Similarly, a beneficial owner of Common Stock exercising appraisal rights must be the beneficial owner of the shares on the date the written demand for appraisal is made and must continue to beneficially own the shares through the effective date of the Merger. A proxy that is submitted and does not contain voting instructions will, unless revoked, be voted in favor of the Merger Proposal, and it will result in the Company Stockholder or beneficial owner’s loss of appraisal rights and will nullify any previously delivered written demand for appraisal. Therefore, a Company Stockholder or beneficial owner who wishes to exercise appraisal rights must submit a proxy containing instructions to vote against or abstain from voting on the Merger Proposal. Neither voting against the Merger Proposal nor abstaining from voting or failing to vote on the Merger Proposal will, in and of itself, constitute a written demand for appraisal satisfying the requirements of Section 262. The written demand for appraisal must be in addition to and separate from any proxy or vote against the Merger Proposal. A Company Stockholder or beneficial owner’s failure to make the written demand prior to the taking of the vote on the Merger Proposal at the Special Meeting will result in a loss of appraisal rights.

A demand for appraisal made by a Company Stockholder must reasonably inform the Company of the identity of the Company Stockholder making the demand and that such Company Stockholder intends thereby to demand appraisal of such Company Stockholder’s shares. Any such demand for appraisal should be executed by or on behalf of the holder of record of the Common Stock for which appraisal is demanded,

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fully and correctly, as the Company Stockholder’s name appears on the Company’s books and records and state that the person intends thereby to demand appraisal of the Company Stockholder’s shares in connection with the Merger. The demand may also be made by a beneficial owner of shares of Common Stock if, in addition to otherwise satisfying the foregoing requirements, (i) such beneficial owner continuously owns such shares through the effective date of the Merger and otherwise satisfies the requirements for appraisal applicable to a Company Stockholder of record under subsection (a) of Section 262 of the DGCL and the demand made by such beneficial owner reasonably identifies the holder of record of such shares for which the demand is made, is accompanied by documentary evidence of such beneficial owner’s beneficial ownership of such shares and a