DIVIDEND DISTRIBUTION PROPOSAL

Rhea-AI Summary

Ferrari (NYSE/EXM: RACE) said its Board intends to recommend a dividend of €3.615 per common share, ~21% higher than last year, corresponding to a total distribution of approximately €640 million. The proposal is subject to shareholder approval at the Annual General Meeting on April 15, 2026.

If approved, the expected timeline is: ex-date April 20, 2026 on EXM and April 21, 2026 on NYSE; record date April 21, 2026 on both exchanges; payment date May 5, 2026.

Positive

• Dividend per share of €3.615 announced
• Dividend increase of approximately 21% year-over-year
• Total distribution of approximately €640 million

Negative

• Dividend distribution is subject to AGM approval on April 15, 2026
• Staggered ex-dates (EXM Apr 20, NYSE Apr 21) may complicate cross-list trading

News Market Reaction – RACE

-0.33%

1 alert

-0.33% News Effect

On the day this news was published, RACE declined 0.33%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Maranello (Italy), February 19, 2026 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 3.615 per common share, with an increase of approximately 21% compared to the prior year and corresponding to a total distribution of approximately Euro 640 million.

The distribution will be subject to its approval by the Annual General Meeting of Shareholders which is scheduled to be held on April 15, 2026.

If shareholders approve the proposed dividend distribution, the ex-date is expected to be April 20, 2026 on EXM and April 21, 2026 on NYSE, the record date April 21, 2026 on both EXM and NYSE and the payment date May 5, 2026.

Attachment

• FNV Dividend Distribution Proposal PR 19.2.26 ENG

FAQ

What dividend did Ferrari (RACE) propose on February 19, 2026?

The Board proposed a €3.615 per share dividend, representing an increase of ~21%. According to the company, this corresponds to a total distribution of approximately €640 million pending shareholder approval.

When must Ferrari (RACE) shareholders approve the proposed dividend?

Shareholder approval is required at the Annual General Meeting on April 15, 2026. According to the company, the distribution will only proceed if the AGM approves the proposal that day.

What are the key dates for Ferrari (RACE) dividend if approved?

If approved, the expected dates are ex-date Apr 20, 2026 (EXM) and Apr 21, 2026 (NYSE), record date Apr 21, 2026, and payment date May 5, 2026, according to the company.

How much total cash will Ferrari (RACE) distribute if the dividend is approved?

The proposed distribution totals approximately €640 million. According to the company, this total corresponds to the €3.615 per-share dividend multiplied across outstanding common shares.

What does the ~21% dividend increase mean for RACE shareholders?

Directly, it means shareholders would receive €3.615 per share, ~21% more than last year. According to the company, the increase reflects the Board's recommendation but remains subject to AGM approval.