Marti SPAC Presentation Deck slide image

Marti SPAC Presentation Deck

By addressing this unmet and underserved demand, Marti has grown significantly with attractive margin levels, even during COVID ✓ Marti offers Last mile connectivity - complementary to long distance transport Timing flexibility with on demand booking Ability to pick-up and drop-off anywhere Affordable transportation Vehicle designs tailored to local topography and weather Environmentally friendly and socially distanced travel solutions LTM Net Revenue¹ (million $) 25 20 15 10 5 0 Gross margin (%) 60% 45% 30% 15% 0% (15%) (30%) (45%) (24%) Q2'19 Jun Mar-19 May-19 Jul-19 Sept-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sept-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 Jun-22 LTM Net Revenue ($) Operational Fleet ('000s) 2 LTM revenue is consistently growing (14%) (7%) Full curfew Attractive gross profit margin levels (LTM) (4%) Q3'19 2 Q4'19 Q1'20 4% Q2'20 Partial curfew 37% 33% 31% Q3'20 Q4'20 Q1'21 37% Q2'21 Gross Margin (pre-depreciation) 40% 41% 38% Operational Fleet (000 vehicle) Q3'21 Q4'21 Q1'22 35 30 25 20 15 10 5 0 39% Q2'22 Source: Company information. Note: Based on last 12 months avg pre-depreciation gross margin. 1. Last 12 months net revenue. Periods before Feb 2020 do not have 12 months rolling data so monthly revenue is annualized by multiplying by 12. 2. Q2'19 and Q3'19 LTM are based on 6 months and 9 months, respectively. 15
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