Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 209

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 209
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statement, whether due to error or fraud.
The Group is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part
of our audit, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing
an opinion on the effectiveness of the Group’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audit included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether
due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence
regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles
used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that our audit provides a reasonable basis for our opinion.

/s/Grant Thornton Audit and Accounting Limited

We have served as the Group’s auditor since 2024.

Dubai, United Arab Emirates

April 29, 2025

F-2

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the Stockholders and Board of Directors

Marti Technologies, Inc:

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated
balance sheet of Marti Technologies, Inc. and subsidiaries (the Group) as of December 31, 2023, the related consolidated statements
of operations and comprehensive loss, changes in equity, and cash flows for each of the years in the two-year period ended December 31,
2023, and the related notes (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements
present fairly, in all material respects, the financial position of the Group as of December 31, 2023, and the results of its operations
and its cash flows for each of the years in the two-year period ended December 31, 2023, in conformity with U. S. generally accepted
accounting principles.

Basis for Opinion

These consolidated financial statements are the
responsibility of the Group’s management. Our responsibility is to express an opinion on these consolidated financial statements
based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB)
and are required to be independent with respect to the Group in accordance with the U. S. federal securities laws and the applicable