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

Ferrari details its mid-September purchases and current treasury stake as it advances the €3.5 billion multi-year buyback program.

Rhea-AI Summary

Ferrari (RACE) reported weekly activity under its Euro 250 million Third Tranche share buyback program for the period 14–18 September 2026.

Across Euronext Milan and NYSE, the company repurchased 53,717 common shares for a total consideration of Euro 19,064,424.04 (excluding fees), at an average price of Euro 354.9049 per share. Since the Third Tranche launch on 1 September 2026 through 18 September 2026, Ferrari has invested Euro 32,927,015.43 for 92,900 shares on EXM and USD 15,999,065.23 (Euro 13,832,203.99) for 39,165 shares on NYSE. As of 18 September 2026, Ferrari held 1,722,869 treasury shares, equal to 0.97% of issued common shares and 0.74% of total share capital including special voting shares.

Positive

• 53,717 shares repurchased 14–18 September 2026 for Euro 19,064,424.04
• Third Tranche since 1 September: 132,065 shares for about Euro 46.76 million equivalent
• Since 5 January 2026, total buybacks of 1,833,249 shares for Euro 557,516,524.63
• Treasury holding at 18 September: 1,722,869 shares, 0.97% of issued common shares

Negative

• None.

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Maranello (Italy), September 21, 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 September 1, 2026, as the third 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 “Third 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)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
14/09/2026	7,400	353.7521	2,617,765.54	7,341	408.6011	2,999,540.68	2,596,780.08	14,741	353.7444	5,214,545.62
15/09/2026	7,460	351.1220	2,619,370.12	6,136	407.4103	2,499,869.60	2,166,452.55	13,596	352.0023	4,785,822.67
16/09/2026	4,500	353.5515	1,590,981.75	-	-	-	-	4,500	353.5515	1,590,981.75
17/09/2026	7,300	360.0530	2,628,386.90	-	-	-	-	7,300	360.0530	2,628,386.90
18/09/2026	7,440	357.9643	2,663,254.39	6,140	407.1534	2,499,921.88	2,181,432.70	13,580	356.7516	4,844,687.09
	34,100	355.4181	12,119,758.70	19,617	407.7755	7,999,332.15	6,944,665.34	53,717	354.9049	19,064,424.04
Total

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
        
Since the announcement of such Third Tranche till September 18, 2026, the total invested consideration has been:

• Euro 32,927,015.43 for No. 92,900 common shares purchased on the EXM
• USD 15,999,065.23 (Euro 13,832,203.99*) for No. 39,165 common shares purchased on the NYSE.

As of September 18, 2026 the Company held in treasury No. 1,722,869 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 0.97% of the then total issued common shares. Including the special voting shares, the Company held in treasury 0.74% of the then 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 September 18, 2026, the Company has purchased a total of 1,833,249 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 557,516,524.63.

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:
Ferrari Media & PR
Email: media@ferrari.com

Attachment

• FNV BB PR 21 Sep 2026 ENG

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much has Ferrari spent on the Third Tranche buyback on each exchange so far?

From the announcement of the Third Tranche on 1 September 2026 through 18 September 2026, Ferrari invested Euro 32,927,015.43 to repurchase 92,900 common shares on Euronext Milan and USD 15,999,065.23 (equivalent to Euro 13,832,203.99 at relevant ECB reference rates) to repurchase 39,165 common shares on the NYSE.

What progress has Ferrari made on its multi-year Euro 3.5 billion buyback program?

Since the start of the multi-year buyback program on 5 January 2026 through 18 September 2026, Ferrari has repurchased a total of 1,833,249 own common shares on EXM and NYSE, including Sell to Cover transactions, for an aggregate consideration of Euro 557,516,524.63.

Where can investors find detailed trade-by-trade information on Ferrari’s buyback transactions?

The company states that a comprehensive overview of the transactions under the buyback program, including details of the reported trades, is available on Ferrari’s corporate website in the Buyback Programs section at https://www.ferrari.com/en-EN/corporate/buyback-programs.