Ferrari N.V.: periodic report on the buyback program

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

Maranello (Italy), February 14, 2022 - Ferrari N.V. (NYSE/EXM: 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 Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

				EXM							NYSE						Total
				Average		Consideration				Average		Consideration		Consideration				Average		Consideration
	Trading			price per					price per						price per
				excluding fees					excluding fees		excluding fees					excluding fees
		Number of		share			Number of		share				Number of		share
		common		excluding				common		excluding						common		excluding
	Date	shares					shares							shares
		fees					fees							fees
		purchased					purchased							purchased
	(d/m/y)			(€)		(€)				($)		($)		(€)*				(€)*		(€)*
07/02/2022	20,234	197.8326	4,002,944.25	11,002	226.4066	2,490,925.41	2,176,050.85	31,236	197.8165	6,178,995.10
08/02/2022	10,666	194.4796	2,074,319.55	15,426	227.0162	3,501,951.90	3,069,733.43	26,092	197.1506	5,144,052.98
09/02/2022	205	199.8990	40,979.30	5,548	234.0174	1,298,328.54	1,135,398.81	5,753	204.4808	1,176,378.11
10/02/2022	14,072	200.7734	2,825,282.95	10,845	226.1037	2,452,094.63	2,143,626.74	24,917	199.4185	4,968,909.69
11/02/2022	-	-	-	17,307	219.0461	3,791,030.85	3,320,514.02	17,307	191.8596	3,320,514.02
	Total	45,177	197.9664	8,943,526.05	60,128	225.0920	13,534,331.33	11,845,323.85	105,305	197.4156	20,788,849.90

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

Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till February 11, 2022, the total invested consideration has been:

• Euro 119,999,914.85 for No. 570,960 common shares purchased on the EXM (equal to the full amount of the Fifth Tranche to be executed on EXM as announced on October 4, 2021)
• USD 18,991,608.71 (Euro 16,673,203.14*) for No. 81,342 common shares purchased on the NYSE.

As of February 11, 2022, the Company held in treasury No. 10,425,205 common shares equal to 4.05% 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 February 11, 2022, the Company has purchased a total of 5,239,879own common shares on EXM and NYSE for a total consideration of Euro 790,094,820.23.

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.: [phone]

Email:[e-mail]

2