Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 20

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 20
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 These
provisions may be varied by a shareholders’ special resolution to make corresponding amendments to our Articles of Association.

The above is also subject to
(i) the Board’s ongoing adherence to their fiduciary duties (including to act in the best interests of the company) and (ii) certain
limited scenarios provided in our Articles of Association.

Appointment and removal

Our Articles of Association
provide that the number of directors shall be fixed by the directors from time to time, but shall not be less than one director. So long
as the Ordinary Shares are listed on the Designated Stock Exchange (as defined in our Articles of Association), the board of directors
shall include such number of “independent directors” as the relevant rules applicable to the listing of any Ordinary Shares
on the Designated Stock Exchange require, including applicable exemptions.

Our Articles of Association
provide that our directors are to be divided into three (3) classes designated as Class I, Class II, and Class III, respectively. At the
2025 annual general meeting, the Class III directors are to be elected for a full term of three (3) years. At the 2026 annual general
meeting, the Class I directors are to be elected for a full term of three (3) years. At the 2027 annual general meeting, the Class II
directors are to be elected for a full term of three (3) years. At each succeeding annual general meeting, our directors are to be elected
for a full term of three (3) years to succeed our directors of the class whose terms expire at such annual general meeting. No decrease
in the number of directors constituting our directors is to shorten the term of any incumbent director.

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Our directors, by the affirmative
vote of a simple majority of the remaining directors present and voting at a meeting of the directors, even if less than a quorum, shall
have the power from time to time and at any time to appoint any person as a director to fill a casual vacancy on the Board or as an addition
to the existing Board, subject to our Articles of Association, the rules and regulations of the Designated Stock Exchange (as defined
in our Articles of Association), the SEC and/or any other competent regulatory authority or otherwise under Applicable Law (as defined
in our Articles of Association). A director appointed to fill a vacancy in accordance with the Articles of Association is to be of the
same class of director as the director he