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

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Maranello (Italy), November 8, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:



Trading
Date
(dd/mm/yyyy)



Stock Exchange



Number of common shares purchased



Average price per share
excluding fees
(€)



Consideration excluding fees



(€)

29/10/2021

MTA

5,427

201.5222

1,093,661.10

01/11/2021

MTA

913

206.5882

188,615.00

02/11/2021

MTA

4,480

208.6878

934,921.30

04/11/2021

MTA

623

219.8836

136,987.50

05/11/2021

MTA

87

225.7977

19,644.40



Total



-

11,530

205.8829

2,373,829.30

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till November 5, 2021, the total invested consideration has been:

  • Euro 23,292,409.30 for No. 123,025 common shares purchased on the MTA.

As of November 5, 2021, the Company held in treasury No. 9,895,928 common shares equal to 3.85% 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 November 5, 2021, the Company has purchased a total of 4,710,602 own common shares on MTA and NYSE for a total consideration of Euro 676,714,111.54.

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).

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