Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility app, today announced that it has successfully completed a tender process with regard to its offer to purchase all of its outstanding warrants to purchase its Class A ordinary shares, par value $0.0001 per share (an "Ordinary Share"), at a purchase price of $0.10 per warrant in cash, without interest (the "Offer") and that it has issued a notice of redemption pursuant to which it will redeem for cash all of its outstanding warrants that were not tendered in the Offer. All untendered and unexercised warrants will be redeemed on January 4, 2024 (the "Redemption Date"). The redemption price will be $0.07 per warrant (the "Redemption Price"). The successfully completed tender process, when combined with the contemplated redemption of untendered warrants, will lead to a simplified capital structure with no warrants.