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Ferrari N.v.: Periodic Report on the Buyback Program

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Ferrari N.V.
·2-min read
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Maranello (Italy), April 19, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:

MTA

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)

(€)

(€)

($)

($)

(€)*

(€)*

(€)*

12/04/2021

13,000

175.3398

2,279,417.40

-

-

-

-

13,000

175.3398

2,279,417.40

13/04/2021

3,000

176.2705

528,811.50

-

-

-

-

3,000

176.2705

528,811.50

14/04/2021

3,000

175.8622

527,586.60

6,508

207.6801

1,351,582.09

1,129,707.53

9,508

174.3052

1,657,294.13

15/04/2021

8,000

175.7593

1,406,074.40

-

-

-

-

8,000

175.7593

1,406,074.40

16/04/2021

5,000

176.3090

881,545.00

-

-

-

-

5,000

176.3090

881,545.00

32,000

175.7323

5,623,434.90

6,508

207.6801

1,351,582.09

1,129,707.53

38,508

175.3699

6,753,142.43

Total

Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till April 16, 2021, the total invested consideration has been:
• Euro 24,062,888.44 for No. 139,782 common shares purchased on the MTA.
• USD 2,829,445.63 (Euro 2,375,650.39*) for No. 13,558 common shares purchased on the NYSE

As of April 16, 2021, the Company held in treasury No. 9,065,851 common shares equal to 3.52% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan.

Since January 1, 2019 until April 16, 2021, the Company has purchased a total of 3,880,525 own common shares on MTA and NYSE for a total consideration of Euro 529,860,771.99.

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 (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase

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