Periodic Report on the Buyback Program

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Maranello (Italy), October 26, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has bought, underneath the Euro 150 million share buyback program introduced on June 30, 2022, as the preliminary tranche of the multi-year share buyback program of roughly Euro 2 billion anticipated to be executed by 2026 in keeping with the disclosure made throughout the 2022 Capital Markets Day (the “First Tranche”), the further widespread shares – reported in combination type, on a day by day foundation – on the Euronext Milan (EXM) as follows:

 

Trading
Date
(dd/mm/yyyy)

 

 

Stock Exchange

 

 

Number of widespread shares bought

 

 

Average value per share
excluding charges
(€)

 

 

Consideration excluding charges

 

(€)

 

17/10/2022 EXM 12,525 189.5412 2,374,003.53
18/10/2022 EXM 4,580 194.4388 890,529.70
19/10/2022 EXM 8,490 192.8757 1,637,514.69
20/10/2022 EXM 11,375 191.8801 2,182,636.14
21/10/2022 EXM 14,400 188.9897 2,721,451.68
24/10/2022 EXM 12,250 191.4958 2,345,823.55
25/10/2022 EXM 4,629 194.0376 898,200.05
 

Total

 

 

68,249 191.2139 13,050,159.34

Since the announcement of such First Tranche until October 25, 2022, the whole invested consideration has been:

  • Euro 106,941,702.49 for No. 554,866 widespread shares bought on the EXM
  • USD 19,368,214.33 (Euro 19,686,561.33*) for No. 101,968 widespread shares bought on the NYSE.

As of October 25, 2022, the Company held in treasury No. 11,721,944 widespread shares equal to 4.56% of the whole issued share capital together with the widespread shares and the particular voting shares, internet of shares assigned underneath the Company’s fairness incentive plan.

A complete overview of the transactions carried out underneath the buyback program, in addition to the particulars of the above transactions, can be found on Ferrari’s company web site underneath the Buyback Programs part (https://www.ferrari.com/en-EN/corporate/buyback-programs).



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