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

Maranello (Italy), September 20, 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

Average

Consideration

Average

Consideration

Consideration

Average

Consideration

Trading

price per

price per

price per

excluding fees

excluding fees

excluding fees

Number

excluding fees

share

share

share

Number of

Number of

of

common

excluding

common

excluding

common

excluding

Date

shares

shares

shares

fees

fees

fees

purchased

purchased

purchase

(d/m/y)

(€)

(€)

($)

($)

(€)*

d

(€)*

(€)*

13/09/2021

9,000

186.2595

1,676,335.50

3,700

218.1659

807,213.83

685,240.94

12,700

185.9509

2,361,576.44

15/09/2021

9,000

187.4421

1,686,978.90

5,505

220.8198

1,215,613.00

1,028,089.48

14,505

187.1815

2,715,068.38

17/09/2021

10,000

185.4479

1,854,479.00

5,120

216.6603

1,109,300.74

941,681.44

15,120

184.9312

2,796,160.44

Total

28,000

186.3498

5,217,793.40

14,325

218.6476

3,132,127.57

2,655,011.86

42,325

186.0084

7,872,805.26

Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till September 17, 2021, the total invested consideration has been:

  • Euro 112,207,172.26 for No. 648,395 common shares purchased on the MTA
  • USD 33,169,551.26 (Euro 27,842,612.35*) for No. 157,620 common shares purchased on the NYSE

As of September 17, 2021, the Company held in treasury No. 9,718,526 common shares equal to 3.78% 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 September 17, 2021, the Company has purchased a total of 4,533,200 own common shares on MTA and NYSE for a total consideration of Euro 643,472,017.77.

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

Ferrari N.V.

Registered Office:

Dutch trade registration number:

Amsterdam, The Netherlands

Via Abetone Inferiore N. 4,

64060977

I - 41053 Maranello (MO) Italy

corporate. ferrari.com

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).

For further information: Media Relations

tel.: +39 0536 949337

Email:media@ferrari.com

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Ferrari NV published this content on 20 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2021 08:01:06 UTC.