Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 23

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 23
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 to allocate all or a portion of its Commitment to one or more co-investors, subsidiaries, investment vehicles or similar entities, whether or not they are an affiliate of Investor.

TrueCar is an express third-party beneficiary of the Equity Commitment Letter solely with respect to seeking and obtaining specific performance of Parent’s right to cause the Equity Financing to be funded by the Investor to Parent in accordance with the Equity Commitment Letter, solely to the extent Parent can enforce funding of the equity commitment pursuant to the terms of the Equity Commitment Letter.

Interests of Executive Officers and Directors of TrueCar in the Merger (See page 69)

In considering the recommendation of the Board that TrueCar Stockholders adopt the Merger Agreement, TrueCar Stockholders should be aware that the executive officers and directors of TrueCar have certain interests in the Merger that are different from, or in addition to, the interests of TrueCar Stockholders generally. These interests include, among others:

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at the Effective Time, each Company RSU, Company PSU and Company Option held by an executive officer or director will receive the treatment described in the section of this proxy statement captioned “The Merger (Proposal 1) — Interests of Executive Officers and Directors of TrueCar in the Merger”;

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eligibility of TrueCar’s executive officers to receive severance payments and benefits under TrueCar’s employment agreements with such executive officers in the event of a qualifying termination of employment, as described in more detail in the section of this proxy statement captioned “The Merger (Proposal 1) — Interests of Executive Officers and Directors of TrueCar in the Merger”; and

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TrueCar’s executive officers and directors have rights to indemnification, advancement of expenses and directors’ and officers’ liability insurance that will survive the completion of the Merger, as described in more detail in the section of this proxy statement captioned “The Merger (Proposal 1) — Interests of Executive Officers and Directors of TrueCar in the Merger.”

**The Board was aware of these interests and considered them, among other matters, in approving the Merger Agreement and Transactions, including the Merger, and in making its recommendation that TrueCar Stockholders approve the Merger Agreement.

Treatment of Company Equity Awards (See pages 81and 82)**

#### Company RSUs
At the Effective Time, each Company RSU that is vested and outstanding but not yet settled (including any Acceler