Company: TRUE
Filing Date: 2025-12-16
Form Type: DEFA14A
Source: 0001104659-25-121567
Chunk: 3

Company: TrueCar, Inc.
Filing Date: 2025-12-16
Form: DEFA14A
Chunk 3
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.truecar.com under the link “Financials” and then under the link “SEC Filings” or by contacting
the Company’s Investor Relations team by e-mail at investors@truecar.com.

Participants in the Solicitation

The Company and its directors, executive officers, certain other members
of management and certain employees may be deemed to be participants in the solicitation of proxies from the Company’s stockholders
in connection with the pending transaction. Information regarding the persons who may, under the rules of the SEC, be considered participants
in the solicitation of the stockholders of the Company in connection with the pending transaction are set forth in the Definitive Proxy
Statement and will be set forth in the other relevant documents to be filed with the SEC. You can find additional information about the
Company’s executive officers and directors in its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and in
its definitive proxy statement for its 2025 annual meeting of stockholders filed with the SEC on April 8, 2025.

<div align='center'>Independent Proxy Advisory Firms ISS and Glass Lewis Recommend TrueCar
Stockholders Vote “FOR” Pending Transaction with Fair Holdings

Recommendations Highlight
Compelling and Immediate Cash Premium for TrueCar Stockholders

TrueCar Board Urges Stockholders to Vote “FOR” the Transaction
TODAY

Special Meeting of Stockholders to be held on December 22, 2025</div>

SANTA MONICA, Calif., Dec. 16, 2025 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:
TRUE), one of the most recognized and trusted automotive digital marketplace brands, today announced that leading independent proxy advisory
firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co., LLC (“Glass Lewis”) have recommended
that TrueCar stockholders vote “FOR” the Company’s pending transaction with Fair Holdings, Inc. (“Fair Holdings”),
an entity led by TrueCar founder Scott Painter, in advance of the upcoming Special Meeting of Stockholders on December 22, 2025.

TrueCar issued the following statement:

“ISS and Glass Lewis, as independent voices, support
our Board’s unanimous conclusion that the pending transaction with Fair Holdings represents the right path forward for the Company
and is in the best interests of all TrueCar stockholders. With the Special Meeting approaching, consistent with the leading proxy advisors’
recommendations, we encourage all TrueCar stockholders to vote “FOR”