Company: RACE
Filing Date: 2025-02-27
Form Type: 424B7
Source: 0001104659-25-017677
Chunk: 19

Company: Ferrari N.V.
Filing Date: 2025-02-27
Form: 424B7
Chunk 19
---
 applicable U.S. laws and regulations, including the rules of FINRA. The Selling Securityholder has agreed with the underwriters that, for a period of 360 days after the date of this prospectus supplement, the Selling Securityholder will not (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any Common Shares or any securities convertible into or exercisable or exchangeable for Common Shares, or publicly disclose the intention to make any offer, sale, pledge, disposition or filing or (ii) enter into any hedging, swap or other agreement or transaction that transfers, in whole or in part, any of the economic consequences of ownership of the Common Shares or any such other securities, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of Common Shares or such other securities, in cash or otherwise, without the prior written consent of Goldman Sachs Bank Europe SE and J.P. Morgan Securities LLC, other than the Common Shares to be sold pursuant to this prospectus supplement. On February 25, 2025, we entered into the Commitment Letter, pursuant to which we entered into the Commitment. The closing of the Share Buyback is expected to occur as part of and concurrently with the closing of the Offerings. Our Commitment is conditional on completion of the Offerings, and compliance with the terms of our existing shareholder approval for share repurchases, as described under the heading “Share Buyback from the Selling Securityholder” above. We cannot assure you that the Offerings or the Share Buyback will be consummated on the terms described herein or at all. See “Share Buyback from Selling Securityholder.” It is expected that delivery of the Common Shares will be made for value on or about March 3, 2025, which will be the second (2nd) business day in the United States following the date of pricing of the Common

S-12

TABLE OF CONTENTS

Shares. Under Rule 15c6-1 under the Exchange Act, purchases or sales of securities in the secondary market generally are required to settle within one business day (T+1), unless the parties to any such transaction expressly agree otherwise. Accordingly, purchasers of the Common Shares who wish to trade the Common Shares any day prior to the business day before delivery will be required, by