Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 172

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 8
Chunk 172
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 requested intervention in the main Istanbul case.
On March 21, 2025, the intervention requests were accepted and a new expert committee is appointed to prepare a new expert report. The
hearing is postponed to May 23, 2025.

Dividend Policy

We have never declared or paid any cash dividends.
Our Board will consider whether or not to institute a dividend policy. We currently intend to retain all available funds and future earnings,
if any, to fund the development and growth of the business, and therefore, do not anticipate declaring or paying any cash dividends on
our Ordinary Shares in the foreseeable future. We have not identified a paying agent.

Dividends

Subject to the foregoing, the payment of cash
dividends in the future, if any, will be at the discretion of our Board and will depend upon such factors as earnings levels, capital
requirements, contractual restrictions, our overall financial condition, available distributable reserves and any other factors deemed
relevant by our Board. Under Cayman Islands law, a Cayman Islands company may pay a dividend out of either profits (including retained
earnings) or share premium, provided that in no circumstances may a dividend be paid if this would result us being unable to pay our debts
as they fall due in the ordinary course of our business.

Even if the Board decides to pay dividends, the
form, frequency, and amount will depend upon our future operations and earnings, capital requirements and surplus, general financial condition,
contractual restrictions and other factors that the Board may deem relevant. In addition, we are a holding company and depend on the receipt
of dividends and other distributions from our subsidiaries to pay dividends on Ordinary Shares. When making recommendations on the timing,
amount and form of future dividends, if any, the Board will consider, among other things:

  our results of operations and cash flow;  

  our expected financial performance and working  

  our future prospects;  

  our capital expenditures and other investment  

  other investment and growth plans;  

  dividend yields of comparable companies globally;  

  restrictions on payment of dividend that may     
  be imposed on us by financing arrangements; and  
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  the general economic and business conditions                                                            

We are a holding company and depend on the receipt
of dividends and other distributions from our subsidiaries to pay dividends on Ordinary Shares.

Liquidation

On a winding-up or other return of capital, subject
to any special rights attaching to any other class of shares, holders of