Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 40

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 40
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 Cayman Islands currently has no income, corporate or capital
gains tax and no estate duty, inheritance tax or gift tax.

No stamp duty is payable in
respect of the issue of Ordinary Shares or on an instrument of transfer in respect of such shares. However, an instrument of transfer
in respect of shares is stampable if executed in or brought into the Cayman Islands.

We have been incorporated under
the laws of the Cayman Islands as an exempted company limited by shares and, as such, have applied for and received an undertaking from
the Financial Secretary of the Cayman Islands dated March 3, 2021 in substantially the following form:

<div align='center'>The Tax Concessions Act

(As Revised)

Undertaking as to Tax Concessions</div>

In accordance with the provision
of Section 6 of The Tax Concessions Act (As Revised), the Financial Secretary undertakes with Galata:

| 1. | That no law which is hereafter enacted in the Islands imposing                                           
 any tax to be levied on profits, income, gains or appreciations shall apply to us or our operations; and |

| 2. | In addition, that no tax to be levied on profits, income,                                            
 gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable: |

| 2.1 | On or in respect of our shares, debentures or other obligations; 
 or                                                               |

| 2.2 | by way of the withholding in whole or part, of any relevant                 
 payment as defined in Section 6(3) of the Tax Concessions Act (As Revised). |

These concessions shall be
for a period of 20 years from the date hereof.

<div align='center'>23

PLAN OF DISTRIBUTION</div>

We are registering the resale
by the Selling Securityholders named in this prospectus, including their donees, pledgees, transferees or their successors, of 44,299,306
Ordinary Shares.

We will not receive any proceeds
from any sale by the Selling Securityholders of the Ordinary Shares being registered for resale hereunder. We will bear all costs, expenses
and fees in connection with the registration of the securities offered by this prospectus, including, without limitation, all registration
and filing fees, NYSE American listing fees and fees and expenses of our counsel and our independent registered public accountants. The
Selling Securityholders will bear all