PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), November 17, 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)		(€)	(€)		($)	($)	(€)*		(€)*	(€)*
10/11/2025	9,100	357.2461	3,250,939.51	7,262	413.0474	2,999,550.22	2,592,299.90	16,362	357.1226	5,843,239.41
11/11/2025	5,450	359.1975	1,957,626.38	7,108	422.0205	2,999,721.71	2,591,552.24	12,558	362.2534	4,549,178.61
12/11/2025	200	370.1000	74,020.00	5,887	424.6288	2,499,789.75	2,159,459.01	6,087	366.9261	2,233,479.01
13/11/2025	20,900	364.2015	7,611,811.35	5,964	419.1663	2,499,907.81	2,151,568.82	26,864	363.4373	9,763,380.17
14/11/2025	16,563	359.0893	5,947,596.08	7,181	417.7209	2,999,653.78	2,575,252.22	23,744	358.9475	8,522,848.29
	52,213