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

Ferrari (RACE) purchased 53,750 common shares on Euronext Milan from October 19–23, 2026, under its existing share buyback program.

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Ferrari (RACE) purchased 53,750 common shares on Euronext Milan from October 19–23, 2026, under its existing share buyback program. The purchases cost €18,892,196.65 excluding fees, at an average price of €351.4827 per share. They form part of the €250 million third tranche of a roughly €3.5 billion program the company expects to execute by 2030.

Through October 23, third-tranche purchases totaled 341,261 shares on EXM for €120,381,342.89 and 77,824 shares on the NYSE for $31,498,189.59. Treasury holdings were 2,009,889 common shares, net of equity incentive plan assignments, representing 1.13% of issued common shares. Since the multi-year program began on January 5, 2026, purchases totaled 2,120,269 common shares for €658,596,256.58, including Sell to Cover transactions.

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Maranello (Italy), October 26, 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
 
(€)
 
19/10/2026EXM13,000352.08634,577,121.90
20/10/2026EXM7,250352.72762,557,275.10
21/10/2026EXM6,500354.66752,305,338.75
22/10/2026EXM11,000350.08673,850,953.70
23/10/2026EXM16,000350.09425,601,507.20
 
Total

-
53,750351.482718,892,196.65

(*) 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 23, 2026, the total invested consideration has been:

  • Euro 120,381,342.89 for No. 341,261           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 23, 2026 the Company held in treasury No. 2,009,889 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 1.13% of the then total issued common shares. Including the special voting shares, the Company held in treasury 0.86% 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 23, 2026, the Company has purchased a total of 2,120,269 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 658,596,256.58.

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).

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