PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), November 10, 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 - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

	EXM			NYSE				Total
Trading	Number of common shares purchased	Average price per share	Consideration excluding fees	Number of common shares purchased	Average price per share	Consideration excluding fees	Consideration excluding fees	Number of common shares purchased	Average price per share	Consideration excluding fees
Date		excluding fees			excluding fees				excluding fees
(d/m/y)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
03/11/2025	13,100	344.2917	4,510,221.27	-	-	-	-	13,100	344.2917	4,510,221.27
04/11/2025	8,000	340.3804	2,723,043.20	-	-	-	-	8,000	340.3804	2,723,043.20
05/11/2025	7,300	353.6814	2,581,874.22	-	-	-	-	7,300	353.6814	2,581,874.22
06/11/2025	14,000	352.6412	4,936,976.80	-	-	-	-	14,000	352.6412	4,936,976.80
07/11/2025	10,555	352.0617	3,716,011.24	12,205	409.6465	4,999,735.53	4,324,656.63	22,760	353.2807	8,040,667.88
	52,955