Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 19

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 19
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 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 Ordinary Shares
have been repurchased under the Repurchase Program.

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Exempted Company

We are an exempted company
limited by shares incorporated under the laws of the Cayman Islands.

The Companies Act distinguishes
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.