Marti Results Presentation Deck
We grew our operations and continued to hire key team members in Q3 2022
20
2021 Q3
Total fleet
(thousands)
43
2022 Q3
99
2023 E
128
2023 FD
● Assembled and deployed over 4,000 new vehicles.
Started E-bike operations in Çeşme, Isparta, and Kocaeli.
Operations paused in some cities and vehicles reallocated to imp ove efficiency.
Monthly theft and vandalism rate remains below 0.1% of fleet.
●
Operational developments
●
Human capital developments
● 194 person HQ team and 950 field team members, as of end of Q3 2022.
● Hired 68 new employees at HQ, including department heads for our Vehicles team and Investor Relations.
Other developments
● Turkish Competition Authority initiated an investigation into claims of unfair competition due to Marti's
dominant market position. The investigation was concluded wi hout any monetary penalty.
Source: Company information. 1. FD refers to Fully Deployed figures that Marti would be expected to achieve in 2023 if only the proceeds from the ~$57.5 million in convertible note PIPE commitments plus assumed incremental PIPE commitments of up to $92.5 million to be raised post-
announcement were to be deployed towards purchasing E-Scooters, E-Mopeds and E-Bikes immediately upon receipt.
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