Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 22

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 22
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 to be appointed. Nominations of any person for election to the Board at an
annual general meeting or at an extraordinary general meeting (but only if the election of directors is a matter specified in the notice
of meeting given by or at the direction of the person calling such extraordinary general meeting) may be made at such meeting only (i)
by or at the direction of the Board, including by any committee or persons authorized to do so by the Board or under the Articles of Association,
or (ii) by a shareholder present in person who was a record owner of shares both at the time of giving the notice and at the time of the
meeting is entitled to vote at the meeting, and has complied with our Articles of Association as to such notice and nomination.

Enforceability of Civil Liability
under Cayman Islands Law

The courts of the Cayman Islands
are unlikely (i) to recognize, or enforce against us, judgments of courts of the United States predicated upon the civil liability provisions
of the securities laws of the United States or any State; and (ii) in original actions brought in the Cayman Islands, to impose liabilities
against us predicated upon the civil liability provisions of the federal securities laws of the United States or any state, so far as
the liabilities imposed by those provisions are penal in nature. In those circumstances, although there is no statutory enforcement in
the Cayman Islands of judgments obtained in the United States, the courts of the Cayman Islands will recognize and enforce a foreign money
judgment of a foreign court of competent jurisdiction without retrial on the merits based on the principle that a judgment of a competent
foreign court imposes upon the judgment debtor an obligation to pay the sum for which judgment has been given provided certain conditions
are met. For a foreign judgment to be enforced in the Cayman Islands, such judgment must be final and conclusive and for a liquidated
sum, and must not be in respect of taxes or a fine or penalty, inconsistent with a Cayman Islands judgment in respect of the same matter,
impeachable on the grounds of fraud or obtained in a manner, and or be of a kind the enforcement of which is, contrary to natural justice
or the public policy of the Cayman Islands (awards of punitive or multiple damages may well be held to be contrary to public policy).
A Cayman Islands Court may stay enforcement proceedings if concurrent proceedings are being brought elsewhere.

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Anti-Money Laundering — Cayman