Company: RACE
Filing Date: 2025-02-27
Form Type: 424B7
Source: 0001104659-25-017677
Chunk: 15

Company: Ferrari N.V.
Filing Date: 2025-02-27
Form: 424B7
Chunk 15
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 | ​ |
| Non-controlling interests                   | ​ | ​ | ​                     | ​ |     9,292 | ​ | ​ |
| Total Equity(2)                             | ​ | ​ | ​                     | ​ | 3,543,238 | ​ | ​ |
| Total Capitalization(1)(2):                 | ​ | ​ | ​                     | ​ | 6,957,020 | ​ | ​ |

Notes: (1) Total capitalization is the sum of total debt and total equity. (2) The Share Buyback will result in a decrease in our cash and cash equivalents of €300,000 thousand and a decrease in our total equity and total capitalization of €300,000 thousand.

S-7

TABLE OF CONTENTS

### DIVIDEND POLICY
Subject to the approval by our shareholders at the 2025 annual general meeting, we intend to make a dividend distribution to the holders of Common Shares of €2.986 per Common Share, corresponding to a total dividend distribution to shareholders of approximately €534 million.

We intend to return capital to holders of Common Shares over time through a sustainable dividend policy designed to provide adequate returns to shareholders, while supporting growth and protecting our creditworthiness in order to facilitate access to external funding. We intend to pay 35 percent of our annual net profit by way of dividend in the coming years; however, the actual level of dividends will be subject to our earnings, cash balances, commitments, strategic plans and other factors that our board of directors may deem relevant at the time of the dividend, including adjustments for income or costs that are significant in nature but expected to occur infrequently. For additional information on distribution of profits, refer to “Corporate Governance — Memorandum and Articles of Association” in our Annual Report. Our dividend policy is subject to change in the future based on changes in statutory requirements, market trends, strategic developments, capital requirements and a number of other factors.

All issued and outstanding Common Shares will rank equally and will be eligible for any profit or other payment that may be declared on the Common Shares. Pursuant to our articles of association, holders of Special Voting Shares are entitled to a minimum dividend, which is allocated to the special dividend reserve. A distribution from the special dividend reserve or the (partial) release of the special dividend reserve will require a prior proposal from our board of directors and a subsequent resolution of the meeting of holders of Special Voting Shares. Ferrari does not intend to propose any distribution from the special dividend reserve.

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