Amendment to Note Subscription Agreement

Marti Technologies, Inc. has entered into Amendment No. 2 to its Note Subscription Agreement. This amendment modifies the "Reset Conversion Rate" for its 12.50% Convertible Senior Secured Notes due 2029. The multiplier used in calculating the Reset Conversion Rate has been reduced from 1.65 to 1.05, which lowers the effective conversion price upon a reset event. As of the amendment date, $13.0 million of notes were drawn, with $10.0 million remaining available. The amended rate applies to all outstanding and future notes under the agreement.