Marti Investor Presentation Deck slide image

Marti Investor Presentation Deck

5. Strong unit economics (cont'd) More vehicles drive greater usage Average # of vehicles deployed (thousand) 6 2020A 17 2021A 32 2022E 33 2023E¹ Avg. # of vehicles deployed 103 FD² X Average rides per vehicle per day 4.1 2020A 2.9 2021A 2.4 2022E 2.2 2023E¹ 2.2 FD² 9 2020A 18 2021A # of Rides (million) 28 2022E 27 2023E 82 FD Lower operating cost Better margins and cash position Source: Company information. Note: The figures in average rides per vehicle per day and # of Rides include all modalities. 1. 2023 estimates assume receipt of proceeds from the ~$62.0 million in convertible note PIPE commitments plus assumed incremental PIPE commitments of up to $88.0 million to be raised post-announcement, in June 2023. 2. FD refers to Fully Deployed figures for the 12 months immediately following the consummation of the Business Combination that Marti would be expected to achieve if only the proceeds from the approximately $62.0 million in convertible note PIPE commitments plus assumed additional financing, including incremental PIPE commitments of up to approximately $88.0 million to be raised post-announcement were to be deployed towards purchasing e-scooters, e-mopeds and e-bikes immediately upon receipt. 34
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