Slide 1: Türkiye’s Mobility Super App
Türkiye’s Mobility Super App Earnings Presentation Q2 2026 FY 2025 NYSE American: MRT Car-Hailing | Motorcycle-Hailing | Taxi-Hailing | E-BikesCAR-HAILING | E-Mopeds |MOTORCYCLE-HAILING E-Scooters | Motorcycle deliveries | Car TAXI-HAILING deliveries E-BIKE E-MOPED E-SCOOTER
Slide 2: Disclaimers
Disclaimers Forward Looking Statements This presentation, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Ex
Slide 3: Key Messages
Key Messages Operational Highlights Financial Highlights Consolidated Financials Non-GAAP Reconciliations 3
Slide 4: Key messages of Q2 2026
Key messages of Q2 2026 Our Services Strengthening the platform for long-term profitable growth • Ride-hailing continued to drive stronger growth across all 20 cities, and was expanded to Ride-hailing 30 cities in Q3 2026, with robust performance in both Istanbul and non-Istanbul markets • Adoption
Slide 5: Marti by the numbers
Marti by the numbers #1 urban mobility app in Türkiye (iOS & Android)1 195.2M 8.3M all-time all-time trips2 unique platform consumers2 4.4Mall-time unique 544K all-time registered ride-hailing riders3 ride-hailing drivers3 1. Number one urban mobility and ride-hailing app in Türkiye across iOS and A
Slide 6: Operational Highlights
Key Messages Operational Highlights Financial Highlights Consolidated Financials Non-GAAP Reconciliations 6
Slide 7: Marti has quickly emerged as Türkiye’s leading urban mobility platform
Marti has quickly emerged as Türkiye’s leading urban mobility platform Marti is the most downloaded Marti operates in 30 of Türkiye’s largest cities, urban mobility app in Türkiye1 representing ~85% of national GDP2 Rank Company Years of Operation Istanbul 29.2% Kocaeli Edirne 3.8% Sakarya Samsun 0.
Slide 8: Multi-service platform strategy continues to drive higher consumer adoption and usage
Multi-service platform strategy continues to drive higher consumer adoption and usage Trips Unique Platform Consumers (millions) (millions) +73% +76% 20.0 3.0 18.0 16.0 18.8 2.5 14.0 16.6 16.2 2.4 15.1 2.0 12.0 2.0 2.1 10.0 10.8 1.5 1.7 8.0 6.0 8.4 1.0 1.3 1.1 4.0 0.5 2.0 -- -- Q1 Q2 Q3 Q4 Q1 Q2 Q1
Slide 9: Ride-hailing service contributes to platform growth and consistently exceeds targets
Ride-hailing service contributes to platform growth and consistently exceeds targets Unique Ride-hailing Riders Registered Ride-hailing Drivers (thousands) (thousands) +95% +66% Target1 Target1 4,900 580 4,442 544 496 3,887 450 3,384 387 2,811 327 2,280 262 292 1,663 1,932 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 10: Our multi-service offering continues to strengthen as deliveries scale
Our multi-service offering continues to strengthen as deliveries scale Multi-service consumers complete more trips and spend Strong multi-service usage among ride-hailing consumers1 more than single service consumers2 Single service consumers Multi-service consumers 31% 13% % of car-hailing consumer
Slide 11: Deploying AI across our organization
Deploying AI across our organization Key Objectives AI Deployments Across the Organization Rapid iteration Dynamic pricing to improve marketplace efficiency Matching algorithm to improve match quality and trip completion rates Faster time to market Customer service to improve response times and oper
Slide 12: Building Türkiye’s Autonomous Vehicle Alliance
Building Türkiye’s Autonomous Vehicle Alliance DEMAND AV ECOSYSTEM INFRASTRUCTURE & OPERATIONS Marti Has Established Consumer Demand Marti Builds Autonomous Vehicle Alliance Marti Has Scaled Mobility Infrastructure AV Technology AV Vehicle Türkiye’s #1 mobility super app Providers Manufacturers >7 y
Slide 13: Financial Highlights
Key Messages Operational Highlights Financial Highlights Consolidated Financials Non-GAAP Reconciliations 13
Slide 14: Q2 2025 vs. Q2 2026 Financial Results
Q2 2025 vs. Q2 2026 Financial Results Q2 2025 Q2 2026 ∆ Comments Increasing number of ride-hailing trips driven by growing usage in existing Trips (in millions) 10.84 18.78 73.2% cities and new city launches Unique Platform Consumers (in millions) 1.34 2.36 76.4% Increasing number of ride-hailing co
Slide 15: Revenue growth significantly outpaced cost of revenues growth, improving gross profit
Revenue growth significantly outpaced cost of revenues growth, improving gross profit Revenue Bridge to Gross Profit Revenue (USD, thousands) Cost of revenues (USD, thousands) 141% Gross Profit (USD, thousands) Revenue Growth +147% 156% 19,985 Revenue Revenue H1 YoY Growth Growth 15,427 (4,686) (4,3
Slide 16: Revenue growth drove profitability and margin improvement
Revenue growth drove profitability and margin improvement Profitability: Gross Profit & Adjusted EBITDA Gross Profit (USD, thousands) Adjusted EBITDA1 (USD, thousands) Gross Profit Margin (%) Adjusted EBITDA Margin2 (%) 77% 72% $19.4 million 15,299 Gross Profit 37% 11,100 57% 15% H1 YoY Improvement
Slide 17: 2026 Guidance increased on accelerating growth
2026 Guidance increased on accelerating growth Revenue ($ in millions) +117% $85.0 $70.0 $39.2 37% 42% of 2025 of 2026 H1 2026 Actual Guidance H1 2025 $35.4 $14.3 Prior Revised 2025 Actual 2026 Guidance1 17 1. The Company’s 2026 guidance is based on a number of assumptions that are subject to change
Slide 18: 2026 Guidance increased on margin expansion
2026 Guidance increased on margin expansion Adjusted EBITDA1 ($ in millions) $7.0 35% of 2026 Guidance $1.0 H1 2026 $2.4 Prior Revised $(13.5) +$20.5 2025 Actual2 2026 Guidance3 1. Adjusted EBITDA is a non-GAAP metric. See "Non-GAAP Reconciliations" at the end of this presentation for a definition a
Slide 19: Consolidated Financials
Key Messages Operational Highlights Financial Highlights Consolidated Financials Non-GAAP Reconciliations 19
Slide 20: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended ($ in thousands) June 30, 2025 June 30, 2026 June 30, 2025 June 30, 2026 Revenue 8,303 19,985 14,326 35,412 Operating expenses: Cost of revenues (3,564) (4,686) (7,368) (9,014) General and administrative expenses1 (5
Slide 21: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets ($ in thousands) December 31, 2025 June 30, 2026 Total current assets 13,940 17,919 Cash and cash equivalents 7,806 12,503 Accounts receivable, net 504 402 Inventories 1,991 1,931 Other current assets 3,639 3,082 Total non-current assets 15,862 14,437 Property a
Slide 22: Condensed Consolidated Balance Sheets (cont’d)
Condensed Consolidated Balance Sheets (cont’d) ($ in thousands) December 31, 2025 June 30, 2026 Total current liabilities 14,389 13,257 Short-term financial liabilities, net1 3,695 3,890 Accounts payable 4,077 2,230 Operating lease liabilities 620 549 Deferred revenue 2,129 2,494 Accrued expenses an
Slide 23: Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows Six Months Ended ($ in thousands) June 30, 2025 June 30, 2026 Cash flow from operating activities Net loss (19,279) (19,928) Adjustments to reconcile net loss to net cash used in operating activities: Loss on debt extinguishment -- 8,322 Depreciation a
Slide 24: Condensed Consolidated Statements of Cash Flows (cont’d)
Condensed Consolidated Statements of Cash Flows (cont’d) Six Months Ended ($ in thousands) June 30, 2025 June 30, 2026 Cash flow from investing activities Purchase of treasury shares (195) (287) Purchase of property and equipment (282) (222) B. Net cash used in investing activities (478) (509) Cash
Slide 25: Non-GAAP Reconciliations
Key Messages Operational Highlights Financial Highlights Consolidated Financials Non-GAAP Reconciliations 25
Slide 26: Non-GAAP Reconciliations
Non-GAAP Reconciliations Three Months Ended Three Months Ended Six Months Ended Year Ended ($ in thousands, except March 31, March 31, June 30, June 30, June 30, June 30, December percentages) 2025 2026 2025 2026 2025 2026 31, 2025 Net loss (10,069) (7,427) (9,209) (12,502) (19,279) (19,928) (41,446
Slide 27: Marti Investor Relations
MARTI INVESTOR RELATIONS investor.relations@marti.tech