Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 158

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 7
Chunk 158
---
ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

A. Major Shareholders

The following table sets forth information as
of March 31, 2025 with respect to the beneficial ownership of the Company’s ordinary shares by:

  each person, or group of affiliated persons, known by us            

  each of our current directors;  

  each of our current executive officers; and  

  all of our current directors and executive officers as a  

Beneficial ownership is determined in accordance
with the rules of the SEC and includes voting or investment power with respect to, or the power to receive the economic benefit of ownership
of, the securities. In computing the number of shares beneficially owned by a person and the percentage ownership of that person, shares
that the person has the right to acquire within 60 days of March 31, 2025 are included, including through the exercise of any option or
other right or the conversion of any other security. However, these shares are not included in the computation of the percentage ownership
of any other person.

The percentage of the Ordinary Shares beneficially
owned is computed on the basis of 76,244,359 Ordinary Shares issued and outstanding as of March 31, 2025.

  Beneficial Owners (1)                                                                           
  Holders of 5% or Greater                                                                        
  405 MSTV I LP (2)                                                         22,364,596      23.3  
  Farragut Investor Entities (3)                                            15,414,893      17.3  
  Esra Unluaslan Durgun (4)                                                 12,131,319      15.9  
  Sumed Equity Ltd. (5)                                                      8,701,524      11.3  
  Keystone Group, L. P. (6)                                                  6,898,403      8.3   
  Funds managed by Weiss Asset Management LP (7)                             5,637,755      6.9   
  Directors and Executive Officers                                                                
  Oguz Alper Öktem (8)                                                      11,773,472      15.4  
  Cankut Durgun (4)                                                         12,131,319      15.9  
  Daniel Freifeld (3)(9)                                                    16,108,098      18.1  
  Seher Sena Öktem (10)                                                      1,340