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

Rhea-AI Summary

Ferrari (NYSE: RACE) reported buyback activity under the Euro 250 million first tranche of a multi-year ~€3.5 billion program announced Dec 16, 2025. From Jan 5 to Mar 6, 2026 Ferrari purchased 415,638 common shares for €125,122,266.17.

As of Mar 6, 2026 the company held 17,060,244 treasury shares (8.80% of issued common shares; 9.23% including special voting shares). Daily purchase details and EXM/NYSE breakdowns were disclosed.

Positive

• Executed €125.12M of buybacks since Jan 5, 2026
• Acquired 415,638 common shares under the program through Mar 6, 2026
• Treasury stake increased to 8.80% of issued common shares (9.23% incl. special voting)

Negative

• First tranche represents part of a ~€3.5B multi-year program through 2030, implying continued capital deployment

News Market Reaction – RACE

-1.00%

1 alert

-1.00% News Effect

On the day this news was published, RACE declined 1.00%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Maranello (Italy), March 9 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) and on the New York Stock Exchange (NYSE) as follows:

	EXM			NYSE				Total
Trading	Number of common shares purchased	Average price per share	Consideration excluding fees	Number of common shares purchased	Average price per share	Consideration excluding fees	Consideration excluding fees	Number of common shares purchased	Average price per share	Consideration excluding fees
Date		excluding fees			excluding fees				excluding fees
(d/m/y)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
02/03/2026	7,000	311.7721	2,182,404.70	11,061	361.6280	3,999,967.31	3,419,359.98	18,061	310.1581	5,601,764.68
03/03/2026	8,600	303.2111	2,607,615.46	11,160	358.4035	3,999,783.06	3,446,306.27	19,760	306.3726	6,053,921.73
04/03/2026	5,000	311.4135	1,557,067.50	-	-	-	-	5,000	311.4135	1,557,067.50
05/03/2026	7,000	311.2586	2,178,810.20	8,444	355.2564	2,999,785.04	2,582,015.01	15,444	308.2637	4,760,825.21
06/03/2026	9,000	302.9058	2,726,152.20	9,980	350.6675	3,499,661.65	3,027,127.11	18,980	303.1233	5,753,279.31
	36,600	307.4331	11,252,050.06	40,645	356.7277	14,499,197.06	12,474,808.38	77,245	307.1637	23,726,858.44
Total

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
        
Since the announcement of such First Tranche till March 6, 2026, the total invested consideration has been:

• Euro 112,647,457.80 for No. 374,993 common shares purchased on the EXM
• USD 14,499,197.06 (Euro 12,474,808.38*) for No. 40,645 common shares purchased on the NYSE.

As of March 6, 2026 the Company held in treasury No. 17,060,244 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.80% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.23% 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 March 6, 2026, the Company has purchased a total of 415,638 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 125,122,266.17.

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
Email: media@ferrari.com

Attachment

• FNV BB PR 9 March 2026 ENG

FAQ

What did Ferrari (RACE) announce about its buyback activity on March 9, 2026?

Ferrari reported additional purchases under the €250 million first tranche of its multi-year buyback program. According to the company, from Jan 5 to Mar 6, 2026 it bought a total of 415,638 shares for €125,122,266.17, with daily EXM/NYSE breakdowns disclosed.

How many shares has Ferrari (RACE) held in treasury as of March 6, 2026?

As of March 6, 2026 Ferrari held 17,060,244 treasury common shares, equal to 8.80% of issued common shares. According to the company, including special voting shares the holding equals 9.23% of total issued share capital.

What is the size and timeline of Ferrari's multi-year buyback program (RACE)?

The program is approximately €3.5 billion expected to be executed by 2030, with a €250 million first tranche. According to the company, the first tranche was announced Dec 16, 2025 and purchases shown run from Jan 5 through Mar 6, 2026.

How much has Ferrari (RACE) spent on the first tranche of the buyback program to March 6, 2026?

Ferrari invested €125,122,266.17 on buybacks between Jan 5 and Mar 6, 2026. According to the company, that total covers 415,638 shares purchased on EXM and NYSE, including Sell to Cover transactions.

Where can investors find detailed daily buyback transaction data for Ferrari (RACE)?

Investors can access a comprehensive overview and transaction details on Ferrari's Buyback Programs web section. According to the company, the daily EXM and NYSE purchase breakdowns and translated considerations are posted on its corporate website.