Localization of extriangulated categories

In this article, we show that the localization of an extriangulated category by a multiplicative system satisfying mild assumptions can be equipped with natural, universal structure category. This construction unifies Serre quotient abelian categories and Verdier triangulated categories. Indeed give such for bit wider class morphisms, so it covers several other localizations appeared in literature, as Rump's exact biresolving subcategories, means Hovey twin cotorsion pairs, two-sided admissibly percolating subcategories.