FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Rhea-AI Summary

Ferrari (NYSE: RACE) reported activity under its Euro 250 million buyback First Tranche, part of a multi-year approx. Euro 3.5 billion programme through 2030. From January 5–16, 2026 the company purchased 84,500 common shares for a total consideration of Euro 26,579,584.35 on EXM and NYSE, including Sell to Cover transactions. Between January 12–16, 2026 Ferrari bought 45,500 shares on EXM for Euro 14,158,701.50 (average price €311.1803). As of January 16, 2026 Ferrari held 16,729,106 treasury shares, equal to 8.63% of issued common shares (9.10% including special voting shares).

Positive

• Declared multi-year buyback target of Euro 3.5 billion through 2030
• First Tranche sized at Euro 250 million
• Purchased 84,500 shares for Euro 26,579,584.35
• Holds 16,729,106 treasury shares (8.63% of common shares)

Negative

• Only ~10.6% of the Euro 250m tranche deployed (€26.58m)
• First Tranche purchases show modest share volume: 84,500 shares

Maranello (Italy), January 19 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on December 16, 2025, as the first tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “First Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:

Trading Date (dd/mm/yyyy)	Stock Exchange	Number of common shares purchased	Average price per share excluding fees (€)	Consideration excluding fees (€)
12/01/2026	EXM	8,000	321.4215	2,571,372.00
13/01/2026	EXM	9,000	318.1963	2,863,766.70
14/01/2026	EXM	9,500	310.7050	2,951,697.50
15/01/2026	EXM	9,000	306.3117	2,756,805.30
16/01/2026	EXM	10,000	301.5060	3,015,060.00
Total	-	45,500	311.1803	14,158,701.50

        
Since the announcement of such First Tranche till January 16, 2026, the total invested consideration has been:

• Euro 26,579,584.35 for No. 84,500 common shares purchased on the EXM
  
  

As of January 16, 2026 the Company held in treasury No. 16,729,106 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.63% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.10% of the total issued share capital.

Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until January 16, 2026, the Company has purchased a total of 84,500 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 26,579,584.35.

A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).

For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com

Attachment

• FNV BB PR 19 January 2026 ENG

FAQ

What buyback did Ferrari (RACE) report on January 19, 2026?

Ferrari reported purchases under the First Tranche of a Euro 250m buyback, part of a Euro 3.5bn programme through 2030.

How many shares did Ferrari (RACE) buy through January 16, 2026 and for how much?

Ferrari purchased a total of 84,500 common shares for Euro 26,579,584.35 through January 16, 2026.

What were the EXM purchases by Ferrari (RACE) between January 12–16, 2026?

On EXM from January 12–16, 2026 Ferrari bought 45,500 shares for Euro 14,158,701.50 (avg price €311.1803).

How much of the Euro 250m First Tranche has Ferrari (RACE) used as of January 16, 2026?

Approximately 10.6% of the Euro 250m tranche was used, equal to Euro 26,579,584.35 invested.

What percentage of issued share capital does Ferrari (RACE) hold in treasury as of January 16, 2026?

Ferrari held 16,729,106 treasury shares, equal to 8.63% of common shares and 9.10% including special voting shares.