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

Maranello (Italy), March 14, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the sixth tranche of the common share buyback program announced on March 3, 2022 (“Sixth 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:

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

 

Since the announcement of the Sixth Tranche of the buyback program dated March 3, 2022 till March 11, 2022, the total invested consideration has been:

  • Euro 12,902,923.65 for No. 73,113 common shares purchased on the EXM
  • USD 9,413,362.26 (Euro 8,607,940.43*) for No. 49,800 common shares purchased on the NYSE.

As of March 11, 2022, the Company held in treasury No. 10,616,726 common shares equal to 4.13% 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 March 11, 2022, the Company has purchased a total of 5,431,400 own common shares on EXM and NYSE for a total consideration of Euro 824,931,430.62.