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

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Maranello (Italy), January 17, 2022 – 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
(€)

10/01/2022

MTA

13,421

222.2270

2,982,508.40

11/01/2022

MTA

3,267

221.6075

723,991.70

12/01/2022

MTA

280

223.7454

62,648.70

13/01/2022

MTA

12,839

222.6678

2,858,832.00

14/01/2022

MTA

34,007

214.7254

7,302,166.60



Total



-

63,814

218.2930

13,930,147.40

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till January 14, 2022, the total invested consideration has been:

  • Euro 80,581,777.10 for No. 375,641 common shares purchased on the MTA

  • USD 5,457,277.38 (Euro 4,827,879.29*) for No. 21,214 common shares purchased on the NYSE.

As of January 14, 2022, the Company held in treasury No. 10,169,758 common shares equal to 3.95% 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 January 14, 2022, the Company has purchased a total of 4,984,432 own common shares on MTA and NYSE for a total consideration of Euro 738,831,358.63.

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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