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

Ferrari details Euro 15 million of recent buybacks and a cumulative Euro 538 million repurchased since launching its multi-year program in January 2026.

Rhea-AI Summary

Ferrari (RACE) reports progress on its Euro 250 million Third Tranche buyback, part of a multi-year Euro 3.5 billion program expected to run to 2030.

Between 7 and 11 September 2026, Ferrari repurchased 42,707 common shares on EXM and NYSE for a total consideration of Euro 15,016,756.32, at an overall average price of Euro 351.6228 per share. This includes 36,500 shares on EXM for Euro 12,871,348.21 and 6,207 shares on NYSE for USD 2,499,829.53 (Euro 2,145,408.11).

From the Third Tranche launch on 1 September through 11 September 2026, Ferrari invested Euro 20,807,256.73 for 58,800 EXM shares and USD 7,999,733.07 (Euro 6,887,538.65) for 19,548 NYSE shares. Since the overall program began on 5 January 2026, a total of 1,779,532 shares have been repurchased for Euro 538,452,100.59. As of 11 September 2026, treasury holdings were 1,669,152 common shares, equal to 0.94% of issued common shares and 0.71% of total issued share capital including special voting shares.

Positive

• 42,707 shares repurchased 7–11 September 2026 for Euro 15.0 million
• Third Tranche to buy back up to Euro 250 million of shares
• Since 1 September 2026, Third Tranche purchases total 78,348 shares for about Euro 27.7 million equivalent
• Since 5 January 2026, 1,779,532 shares repurchased for Euro 538.45 million
• Treasury stock at 11 September 2026 equals 0.94% of issued common shares

Negative

• Buyback program has used Euro 538.45 million of cash since January 2026

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Maranello (Italy), September 14, 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)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
07/09/2026	7,000	356.1103	2,492,772.10	-	-	-	-	7,000	356.1103	2,492,772.10
08/09/2026	7,600	352.6602	2,680,217.52	-	-	-	-	7,600	352.6602	2,680,217.52
09/09/2026	7,100	348.7243	2,475,942.53	6,207	402.7436	2,499,829.53	2,145,408.11	13,307	347.2872	4,621,350.64
10/09/2026	7,400	351.9514	2,604,440.36	-	-	-	-	7,400	351.9514	2,604,440.36
11/09/2026	7,400	353.7805	2,617,975.70	-	-	-	-	7,400	353.7805	2,617,975.70
	36,500	352.6397	12,871,348.21	6,207	402.7436	2,499,829.53	2,145,408.11	42,707	351.6228	15,016,756.32
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 11, 2026, the total invested consideration has been:

• Euro 20,807,256.73 for No. 58,800 common shares purchased on the EXM
• USD 7,999,733.07 (Euro 6,887,538.65*) for No. 19,548 common shares purchased on the NYSE.

As of September 11, 2026 the Company held in treasury No. 1,669,152 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 0.94% of the then total issued common shares. Including the special voting shares, the Company held in treasury 0.71% 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 11, 2026, the Company has purchased a total of 1,779,532 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 538,452,100.59.

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 14 Sep 2026 ENG

FAQ

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

What is the total planned size and duration of Ferrari's current buyback program?

The multi-year share buyback program announced during the 2025 Capital Markets Day is expected to reach approximately Euro 3.5 billion in repurchases and is planned to be executed by 2030. The Euro 250 million Third Tranche, launched on 1 September 2026, is part of this broader program.

How many shares does Ferrari currently hold in treasury and what percentage of capital do they represent?

As of 11 September 2026, Ferrari held 1,669,152 common shares in treasury, net of shares assigned under its equity incentive plan. This represents 0.94% of the then total issued common shares. Including special voting shares, treasury holdings corresponded to 0.71% of the then total issued share capital.

Where can investors find detailed daily information on Ferrari's buyback transactions?

A comprehensive overview of transactions carried out under the buyback program, including the detailed trades for this period, is available on Ferrari’s corporate website in the Buyback Programs section at https://www.ferrari.com/en-EN/corporate/buyback-programs.