Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 330

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 330
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 the Consideration to be received by the holders of shares of the Company Common Stock pursuant to the Merger Agreement is fair from a financial point of view to the holders of shares of the Company Common Stock (other than holders of Excluded Shares).

Very truly yours,

#### MORGAN STANLEY & CO. LLC
By:

/s/ Bart Gasparewicz-Sitarz

Bart Gasparewicz-Sitarz 
 Executive Director

<div align='center'>B-3</div>

TABLE OF CONTENTS

#### ANNEX C​
EXECUTION VERSION

### VOTING AND SUPPORT AGREEMENT
This Voting and Support Agreement (this “

#### Agreement
”) is entered into as of October 14, 2025, by and among Fair Holdings, Inc., a Delaware corporation (“

#### Parent
”), Rapid Merger Subsidiary, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“

#### Merger Subsidiary
”), Caledonia US, LP, a Delaware limited partnership (“

#### Caledonia US
”), Caledonia (Private) Investments Pty Limited, an Australian proprietary limited company (“

#### Caledonia AUS
,” and together with Caledonia US, the “

#### Stockholder
”), and TrueCar, Inc., a Delaware corporation (the “

#### Company
”).

### RECITALS

#### A.
Stockholder is a holder of record and the “beneficial owner” (within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the

#### “Exchange Act
”)) of certain shares of common stock, par value of $0.0001 per share, of the Company (the “

#### Company Stock
”).

#### B.
Parent, Merger Subsidiary and the Company are entering into an Agreement and Plan of Merger, dated on or about the date hereof (the “

#### Merger Agreement
”), which provides for, among other things, the merger of Merger Subsidiary with and into the Company, with the Company continuing as the Surviving Corporation and as a wholly owned subsidiary of Parent (the “

#### Merger
”) upon the terms and subject to the conditions set forth in the Merger Agreement.

#### C.
The Company’s Board of Directors has unanimously (i) determined that the Merger Agreement and the Transactions, including the Merger, are advisable, fair to and in the best interests