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Marti Announces Election of Alex Spiro to Its Board of Directors

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Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, announced the election of Alex Spiro to its Board of Directors as a Class II director at the Company's 2024 annual general meeting. Spiro, a partner at Quinn Emanuel Urquhart & Sullivan LLP, brings significant experience advising innovative growth companies. He currently serves as Chairman of Glassbridge Enterprises and is a board member for various innovative companies. A Harvard Law School graduate and former prosecutor, Spiro continues to teach at Harvard and has previously directed an autism children's program at McLean Hospital. The company's CEO expressed confidence in Spiro's ability to contribute to Marti's mission, while Spiro indicated support for the company's goal to achieve profitability in 2025.

Marti Technologies (NYSE American: MRT), la principale super app di mobilità in Turchia, ha annunciato l'elezione di Alex Spiro nel suo Consiglio di Amministrazione come direttore di Classe II durante l'assemblea generale annuale del 2024. Spiro, socio di Quinn Emanuel Urquhart & Sullivan LLP, porta con sé una notevole esperienza nella consulenza a aziende innovative in crescita. Attualmente ricopre la carica di Presidente di Glassbridge Enterprises ed è membro del consiglio di diverse aziende innovatrici. Laureato alla Harvard Law School e ex pubblico ministero, Spiro continua a insegnare ad Harvard e ha precedentemente diretto un programma per bambini con autismo all'ospedale McLean. L'amministratore delegato dell'azienda ha espresso fiducia nella capacità di Spiro di contribuire alla missione di Marti, mentre Spiro ha indicato il suo sostegno all'obiettivo dell'azienda di raggiungere la redditività entro il 2025.

Marti Technologies (NYSE American: MRT), la principal super aplicación de movilidad en Turquía, anunció la elección de Alex Spiro a su Junta Directiva como director de Clase II en la reunión anual de accionistas de 2024. Spiro, socio de Quinn Emanuel Urquhart & Sullivan LLP, aporta una experiencia significativa asesorando a empresas de crecimiento innovador. Actualmente, es presidente de Glassbridge Enterprises y miembro de la junta de varias compañías innovadoras. Graduado de Harvard Law School y ex fiscal, Spiro continúa enseñando en Harvard y anteriormente dirigió un programa para niños con autismo en el Hospital McLean. El CEO de la empresa expresó confianza en la capacidad de Spiro para contribuir a la misión de Marti, mientras que Spiro indicó su apoyo al objetivo de la empresa de alcanzar la rentabilidad en 2025.

Marti Technologies (NYSE American: MRT), 터키의 선도적인 모빌리티 슈퍼앱,은 Alex Spiro를 회사의 2024년 연례 총회에서 클래스 II 이사로 이사회에 선출했다고 발표했습니다. Spiro는 Quinn Emanuel Urquhart & Sullivan LLP의 파트너로서 혁신적인 성장 기업에 대한 조언에서 유의미한 경험을 가지고 있습니다. 그는 현재 Glassbridge Enterprises의 회장을 맡고 있으며 여러 혁신 기업의 이사진으로 활동하고 있습니다. 하버드 로스쿨 졸업생이자 전 검사인 Spiro는 하버드에서 계속 가르치고 있으며, 이전에는 McLean 병원에서 자폐아동 프로그램을 지휘했습니다. 회사의 CEO는 Spiro가 Marti의 사명에 기여할 수 있는 능력에 대한 신뢰를 표명했으며, Spiro는 2025년까지 수익성을 달성하려는 회사의 목표에 대한 지지를 표명했습니다.

Marti Technologies (NYSE American: MRT), la principale super application de mobilité en Turquie, a annoncé l'élection de Alex Spiro à son Conseil d'Administration en tant que directeur de Classe II lors de l'assemblée générale annuelle de l'entreprise en 2024. Spiro, associé chez Quinn Emanuel Urquhart & Sullivan LLP, apporte une expérience significative dans le conseil aux entreprises innovantes en pleine croissance. Il est actuellement président de Glassbridge Enterprises et membre du conseil d'administration de diverses entreprises innovantes. Diplômé de la Harvard Law School et ancien procureur, Spiro continue à enseigner à Harvard et a précédemment dirigé un programme pour enfants autistes à l'hôpital McLean. Le PDG de l'entreprise a exprimé sa confiance dans la capacité de Spiro à contribuer à la mission de Marti, tandis que Spiro a indiqué son soutien à l'objectif de l'entreprise d'atteindre la rentabilité d'ici 2025.

Marti Technologies (NYSE American: MRT), die führende Mobilitäts-Super-App der Türkei, gab die Wahl von Alex Spiro in ihren Vorstand als Direktor der Klasse II auf der jährlichen Hauptversammlung 2024 bekannt. Spiro, Partner bei Quinn Emanuel Urquhart & Sullivan LLP, bringt umfangreiche Erfahrungen in der Beratung innovativer Wachstumsunternehmen mit. Derzeit ist er Vorsitzender von Glassbridge Enterprises und Mitglied des Vorstands verschiedener innovativer Unternehmen. Als Absolvent der Harvard Law School und ehemaliger Staatsanwalt lehrt Spiro weiterhin an der Harvard-Universität und leitete zuvor ein Programm für autistische Kinder im McLean Hospital. Der CEO des Unternehmens äußerte Vertrauen in Spiros Fähigkeit, zur Mission von Marti beizutragen, während Spiro seine Unterstützung für das Ziel des Unternehmens, bis 2025 Rentabilität zu erreichen, zum Ausdruck brachte.

Positive
  • Addition of experienced corporate attorney with technology company advisory background to the board
  • Company targets profitability achievement by 2025
Negative
  • None.

Accomplished Corporate Attorney with Significant Experience Advising Innovative Growth Companies Joins Board

ISTANBUL--(BUSINESS WIRE)-- Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today announced the election of Alex Spiro to its Board of Directors as a Class II director at the Company’s 2024 annual general meeting of shareholders.

In addition to being a well known litigator and partner at Quinn Emanuel Urquhart & Sullivan LLP, Mr. Spiro serves as Chairman of Glassbridge Enterprises and is a board member and strategic advisor to a number of innovative companies. Mr. Spiro is a former prosecutor and the former director of an autism children’s program at McLean Hospital, Harvard’s psychiatric hospital. Mr. Spiro is a graduate of Harvard Law School, where he continues to teach. He has lectured and written on a variety of subjects related to psychology and the law.

“I am very pleased to have the opportunity to work with Alex on Marti's Board. His experience with a broad range of clients across the fields of business and politics in the U.S., and, most notably, with leading global technology entrepreneurs, gives me confidence that he will contribute to our Company and mission,” said Marti’s Founder and CEO, Oguz Alper Oktem.

“I have had the good fortune of working with some of the greatest entrepreneurs and companies in the world. Alper and his team are among the best I’ve seen. I am pleased to support them and the Company as we reach scale and achieve profitability in 2025,” said Alex Spiro.

About Marti:

Founded in 2018, Marti is Türkiye’s leading mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. For more information, visit www.marti.tech.

Cautionary Note Regarding Forward-Looking Statements:

Certain statements made in this press release constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements related to the Company’s ability to reach scale and achieve profitability in 2025. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in the Company’s filings with the SEC, including the Company’s Annual Report on Form 20-F. Marti undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.

Investor Contact

Marti Technologies, Inc.

Turgut Yilmaz

Investor.relations@marti.tech

Source: Marti Technologies, Inc.

FAQ

Who is Alex Spiro and what role will he have at Marti Technologies (MRT)?

Alex Spiro has been elected as a Class II director on Marti Technologies' Board of Directors. He is a corporate attorney, partner at Quinn Emanuel Urquhart & Sullivan LLP, and Chairman of Glassbridge Enterprises with experience advising innovative growth companies.

When does Marti Technologies (MRT) expect to achieve profitability?

According to the announcement, Marti Technologies expects to reach scale and achieve profitability in 2025.

What is Marti Technologies' (MRT) current market position in Türkiye?

Marti Technologies (MRT) is described as Türkiye's leading mobility super app.

When was Alex Spiro elected to Marti Technologies' (MRT) board?

Alex Spiro was elected to Marti Technologies' Board of Directors as a Class II director at the Company's 2024 annual general meeting of shareholders.

Marti Technologies, Inc.

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