FERRARI N.V.: COMPLETION OF THE MULTI-YEAR SHARE BUYBACK PROGRAM ANNOUNCED IN 2022 AND ANNOUNCEMENT OF THE FIRST TRANCHE OF THE NEW MULTI-YEAR SHARE BUYBACK PROGRAM

Maranello (Italy), December 16 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 360 million share buyback program announced on July 31, 2025, as the eighth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Eighth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - ...