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

Rhea-AI Summary

Ferrari (NYSE: RACE) reports purchases under the Euro 250 million first tranche of its multi-year buyback program announced December 16, 2025. From the tranche start through March 27, 2026, Ferrari invested €177,022,572.30 for 600,493 EXM shares and €40,205,086.77 (translated) for 137,107 NYSE shares.

Since January 5, 2026 the company bought 737,600 own shares for €217,227,659.06. Treasury stock stands at 17,382,206 shares (8.96% of issued; 9.36% incl. special voting shares).

Positive

• Invested €177,022,572.30 to buy 600,493 EXM shares
• Purchased 137,107 NYSE shares (translated €40,205,086.77)
• Total buybacks since Jan 5: 737,600 shares for €217,227,659.06
• Treasury holdings: 17,382,206 shares (8.96% of issued)

Negative

• Cash outflow of €217,227,659.06 reduces available liquidity
• Treasury stock equals 9.36% of total issued including special votes

Maranello (Italy), March 30 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)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
23/03/2026	16,000	278.8370	4,461,392.00	-	-	-	-	16,000	278.8370	4,461,392.00
24/03/2026	16,500	280.5767	4,629,515.55	-	-	-	-	16,500	280.5767	4,629,515.55
25/03/2026	20,000	279.0420	5,580,840.00	10,893	321.2823	3,499,728.09	3,019,089.11	30,893	278.3779	8,599,929.11
26/03/2026	16,000	279.0075	4,464,120.00	-	-	-	-	16,000	279.0075	4,464,120.00
27/03/2026	17,500	280.4995	4,908,741.25	10,966	319.1579	3,499,885.53	3,038,886.46	28,466	279.1972	7,947,627.71
	86,000	279.5885	24,044,608.80	21,859	320.2166	6,999,613.63	6,057,975.56	107,859	279.0920	30,102,584.36
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 27, 2026, the total invested consideration has been:

• Euro 177,022,572.30 for No. 600,493 common shares purchased on the EXM
• USD 46,497,413.69 (Euro 40,205,086.77*) for No. 137,107 common shares purchased on the NYSE.

As of March 27, 2026 the Company held in treasury No. 17,382,206 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 8.96% of the total issued common shares. Including the special voting shares, the Company held in treasury 9.36% 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 27, 2026, the Company has purchased a total of 737,600 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 217,227,659.06.

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 30 March 2026 ENG

FAQ

How much has Ferrari (RACE) spent on the first tranche buyback as of March 27, 2026?

Ferrari spent €177,022,572.30 on EXM purchases and €40,205,086.77 on NYSE purchases. According to the company, those figures cover shares bought under the Euro 250 million first tranche announced December 16, 2025, through March 27, 2026.

How many shares has Ferrari (RACE) repurchased under the buyback program through March 27, 2026?

Ferrari repurchased a total of 737,600 own shares since January 5, 2026. According to the company, that total includes transactions on EXM and NYSE and covers Sell to Cover transactions through March 27, 2026.

What percentage of Ferrari (RACE) is held in treasury after the March 27, 2026 update?

Ferrari holds 17,382,206 treasury shares, equal to 8.96% of issued common shares. According to the company, including special voting shares the holding represents 9.36% of total issued share capital as of March 27, 2026.

What is the remaining amount under Ferrari's Euro 250 million first tranche as of March 27, 2026?

Ferrari has used €177,022,572.30 of the Euro 250 million first tranche on EXM purchases. According to the company, this implies approximately €72.98 million remains available under that announced tranche, subject to execution and fees.

Where can investors find detailed transaction records for Ferrari (RACE) buybacks through March 2026?

Detailed transaction records are posted on Ferrari's corporate buyback programs page. According to the company, the website provides a comprehensive overview and daily aggregate disclosures for EXM and NYSE purchases through March 27, 2026.