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

Since January 5, 2026, program purchases totaled 2,032,307 common shares for €627,746,241.37, including Sell to Cover transactions.

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Ferrari (RACE) purchased 43,000 common shares on Euronext Milan under its existing buyback program from October 5–9, 2026. The purchases cost €14,795,399.65 excluding fees, at an average price of €344.0791 per share excluding fees.

The €250 million third tranche forms part of an approximately €3.5 billion program Ferrari expects to execute by 2030. Through October 9, third-tranche purchases totaled 253,299 shares on EXM for €89,531,327.68 and 77,824 shares on NYSE for USD 31,498,189.59. Treasury holdings were 1,921,927 common shares, net of equity incentive plan assignments, or 1.08% of issued common shares.

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Maranello (Italy), October 12, 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) as follows:


Trading
Date
(dd/mm/yyyy)

Stock Exchange

Number of common shares purchased

Average price per share
excluding fees
(€)

Consideration excluding fees

(€)
05/10/2026EXM12,500342.15124,276,890.00
06/10/2026EXM7,500345.43892,590,791.75
07/10/2026EXM9,000343.76333,093,869.70
08/10/2026EXM10,000344.11193,441,119.00
09/10/2026EXM4,000348.18231,392,729.20

Total

-
43,000344.079114,795,399.65

(*) 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 October 9, 2026, the total invested consideration has been:

  • Euro 89,531,327.68 for No. 253,299 common shares purchased on the EXM
  • USD 31,498,189.59 (Euro 27,457,608.48*) for No. 77,824 common shares purchased on the NYSE.

As of October 9, 2026 the Company held in treasury No. 1,921,927 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 1.08% of the then total issued common shares. Including the special voting shares, the Company held in treasury 0.82% 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 October 9, 2026, the Company has purchased a total of 2,032,307 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 627,746,241.37.

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


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