Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 29

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 29
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 the Merger Agreement until the earlier to occur of the termination of the Merger Agreement and the Effective Time, TrueCar will:

•

notify Parent in no event later than twenty-four (24) hours after TrueCar (or any of its Representatives) receives:

•

any Acquisition Proposal;

•

any request for non-public information relating to TrueCar or any of its subsidiaries or for access to the business, properties, assets, books or records of TrueCar or any of its subsidiaries by any third party that could reasonably be expected to make, or has made, an Acquisition Proposal; or

•

any discussions or negotiations that are sought to be initiated or continued with TrueCar or any of its subsidiaries or any of its or their respective Representatives from any Person (other than Parent) with respect to any Acquisition Proposal, which notice must include: (i) a copy (if in writing) of documents or written summary of material terms (if oral) relating to any such expression of interest, proposal, offer or request for information; and (ii) the identity of the Person from which such expression of interest, proposal, offer or request for information was received; and

•

keep Parent reasonably informed of the status of any such Acquisition Proposal (including any copies (if in writing) of documents or written summaries of material terms (if oral) of any proposed agreements and material amendments or modifications thereto, and a copy of any other documents provided by the relevant counterparty relating thereto) and the status of any discussions or negotiations regarding any such Acquisition Proposal, and in the case of any proposed or agreed upon modification to the terms of any such Acquisition Proposal, TrueCar must notify Parent of such modification promptly, but in no event later than twenty-four (24) hours, of TrueCar’s or any of its subsidiaries’ or any of its or their respective Representatives’ knowledge of any such modification.

#### No Change of Recommendation (See page [•])
Except as permitted by the Merger Agreement, neither TrueCar nor any of its subsidiaries may, and TrueCar and its subsidiaries must cause their respective Representatives not to, directly or indirectly, make an Adverse Recommendation Change.

Permitted Change of Recommendation — Superior Proposal

If, at any time prior to obtaining the Company Stockholder Approval, TrueCar has received a bona fide Acquisition Proposal that (i) is not a result of a breach of the Merger Agreement and (ii) the Board determines in good faith, after consultation with its financial advisor and outside legal counsel, constitutes

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