Company: MRT
Filing Date: 2025-08-21
Form Type: 424B3
Source: 0001213900-25-079368
Chunk: 18

Company: Marti Technologies, Inc.
Filing Date: 2025-08-21
Form: 424B3
Chunk 18
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ishes
between ordinary resident companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business
mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially
the same as for an ordinary company except for the exemptions and privileges listed below:

| ● | an exempted company does not have to file an annual return                 
 of its shareholders with the Registrar of Companies of the Cayman Islands; |

| ● | an exempted company’s register of members is not open 
 to inspection;                                        |

| ● | an exempted company does not have to hold an annual general 
 meeting;                                                    |

| ● | an exempted company may issue no par value shares; |

| ● | an exempted company may obtain an undertaking against the                                                   
 imposition of any future taxation (such undertakings are usually given for 20 years in the first instance); |

| ● | an exempted company may register by way of continuation in      
 another jurisdiction and be deregistered in the Cayman Islands; |

| ● | an exempted company may register as a limited duration company; 
 and                                                             |

| ● | an exempted company may register as a segregated portfolio 
 company.                                                   |

Directors

Voting

Our Articles of Association
provide that our directors may vote on resolutions relating to any contract or proposed contract or arrangement in which he/she is interested
(and count as part of the quorum at any meetings where any such contract or proposed contract or arrangement is being considered) provided
the nature of that interest has been disclosed to the other directors in accordance with the terms of our Articles of Association. 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