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

Rhea-AI Summary

Ferrari (NYSE: RACE) reported progress on its Euro 250 million Second Tranche of the multi‑year Euro 3.5 billion share buyback program.

Between June 11‑19, 2026, Ferrari repurchased 55,223 shares for Euro 17.18 million. Since the Second Tranche launch, it has invested about Euro 148.97 million to repurchase 509,019 shares across EXM and NYSE. Since January 5, 2026, total buybacks reached 1,394,464 shares for Euro 409.73 million. As of June 19, 2026, Ferrari held 17,928,690 treasury shares, equal to 9.25% of issued common shares, or 9.57% including special voting shares.

Positive

• Euro 17.18 million spent to repurchase 55,223 shares in June 11‑19 window
• Approximately Euro 148.97 million invested in Second Tranche buybacks for 509,019 shares
• Since January 5, 2026, 1,394,464 shares repurchased for Euro 409.73 million
• Treasury position of 17,928,690 common shares, equal to 9.25% of issued shares

Negative

• Total cash outflow of Euro 409.73 million for buybacks since January 5, 2026

News Market Reaction – RACE

-3.79%

8 alerts

-3.79% Session close to close

$63.92B Market Cap

1.93K Volume

In the Jun 22 session, RACE declined 3.79%, reflecting a moderate negative market reaction. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

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aranello (Italy), June 22, 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 April 10, 2026, as the second 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 “Second 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)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
11/06/2026	2,057	302.4005	622,037.83	-	-	-	-	2,057	302.4005	622,037.83
12/06/2026	8,756	306.3630	2,682,514.43	-	-	-	-	8,756	306.3630	2,682,514.43
15/06/2026	-	-	-	5,390	371.0254	1,999,826.91	1,722,949.00	5,390	319.6566	1,722,949.00
16/06/2026	-	-	-	6,792	368.0724	2,499,947.74	2,156,242.66	6,792	317.4680	2,156,242.66
17/06/2026	10,000	309.6735	3,096,735.00	6,968	358.7552	2,499,806.23	2,156,678.66	16,968	309.6071	5,253,413.66
18/06/2026	5,374	310.2139	1,667,089.50	-	-	-	-	5,374	310.2139	1,667,089.50
19/06/2026	9,886	310.7650	3,072,222.79	-	-	-	-	9,886	310.7650	3,072,222.79
	36,073	308.8349	11,140,599.55	19,150	365.5134	6,999,580.88	6,035,870.32	55,223	311.0383	17,176,469.87
Total

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
             
Since the announcement of such Second Tranche till June 19, 2026, the total invested consideration has been:

• Euro 125,381,403.07 for No. 427,782 common shares purchased on the EXM

• USD 27,498,361.68 (Euro 23,588,607.38*) for No. 81,237 common shares purchased on the NYSE.

As of June 19, 2026 the Company held in treasury No. 17,928,690 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.25% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.57% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved by the Annual General Meeting of Shareholders of the Company held on April 15, 2026, has not yet been effectuated and therefore has not been taken into account for such calculations.

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 June 19, 2026, the Company has purchased a total of 1,394,464 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 409,728,095.47.

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).

Attachment

• FNV BB PR 22 Jun 2026 ENG

FAQ

How many Ferrari (RACE) shares were repurchased in the June 11-19, 2026 buyback update?

Ferrari repurchased 55,223 common shares between June 11 and June 19, 2026. According to Ferrari, these purchases on EXM and NYSE totaled Euro 17,176,469.87 in consideration, excluding fees, under the Second Tranche of its Euro 250 million buyback program.

What is the size of Ferrari’s current share buyback program and its Second Tranche?

Ferrari is executing a multi-year Euro 3.5 billion share buyback program running to 2030. According to Ferrari, the current Second Tranche represents Euro 250 million of this plan and has already deployed around Euro 148.97 million across EXM and NYSE repurchases.

How many treasury shares does Ferrari (RACE) hold as of June 19, 2026?

Ferrari held 17,928,690 treasury common shares as of June 19, 2026. According to Ferrari, this equals 9.25% of total issued common shares, or 9.57% of total share capital when including special voting shares, before any approved cancellations.

What is the total value of Ferrari (RACE) buybacks since January 5, 2026?

Ferrari has spent Euro 409,728,095.47 on share repurchases since January 5, 2026. According to Ferrari, these funds were used to buy 1,394,464 own common shares on EXM and NYSE, including transactions executed for Sell to Cover purposes.

How much has Ferrari invested in the Second Tranche buyback on EXM and NYSE so far?

Ferrari has invested about Euro 148.97 million in the Second Tranche so far. According to Ferrari, this includes Euro 125,381,403.07 for 427,782 shares on EXM and USD 27,498,361.68 (Euro 23,588,607.38) for 81,237 shares on NYSE.

Has Ferrari (RACE) cancelled any treasury shares approved at the April 15, 2026 AGM?

Ferrari has not yet effectuated the cancellation of approved treasury shares. According to Ferrari, the share cancellation authorized at the April 15, 2026 Annual General Meeting is still pending and therefore not reflected in current treasury and ownership percentage calculations.