Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 196

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 16D
Chunk 196
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ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES

Not Applicable.

ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED
PURCHASERS

In January 2024, our Board authorized a
share repurchase program under which we may repurchase up to $2.5 million of our outstanding Class A ordinary shares with a ceiling
price of $6.00 per share for the share repurchases (as amended, the “ Repurchase Program”). Under the Repurchase Program,
we may repurchase Class A ordinary shares in privately negotiated or open-market transactions in accordance with applicable
securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Repurchase Program
will terminate on October 9, 2025, but the Board may periodically review the Repurchase Program and decide to extend its terms or
increase the authorized amount. The Repurchase Program may also be suspended or discontinued by the Board at any time. As of
December 31, 2024, no Class A ordinary shares have been repurchased under the Repurchase Program.

ITEM 16F. CHANGE IN REGISTRANT’ S CERTIFYING
ACCOUNTANT

Except as previously reported in the Company’s
Form 6-K, filed with the SEC on June 24, 2024, and Annual Report on Form 20-F, filed with the SEC on April 16, 2024, during the two most
recent fiscal years or any subsequent interim period there have been no changes in independent accountants for the Company or disagreements
of the type required to be disclosed by Item 16F of Form 20-F.

ITEM 16G. CORPORATE GOVERNANCE