Company: RACE
Filing Date: 2025-02-26
Form Type: 424B7
Source: 0001104659-25-017340
Chunk: 12

Company: Ferrari N.V.
Filing Date: 2025-02-26
Form: 424B7
Chunk 12
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 by the Offering Price. 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. In accordance with the terms of our existing shareholder approval for share repurchases, our Commitment is also conditional on (i) the Offering Price being no higher than 110% of the market price of the Common Shares on the New York Stock Exchange and/or Euronext Milan (as the case may be), calculated as the average of the highest price on each of the five days of trading prior to the date on which the acquisition is made, as shown in the Official Price List of the New York Stock Exchange and/or Euronext Milan (as the case may be), and (ii) the number of Common Shares purchased in the Share Buyback not exceeding 7,878,511, which is the number of Common Shares remaining to be repurchased pursuant to the repurchase authorization granted to our board of directors by the general meeting of our shareholders on April 17, 2024.

The Selling Securityholder has undertaken to allocate the full amount of the Commitment to us at the Offering Price in the event the Offerings are completed. The Selling Securityholder is not obliged to proceed with any transaction involving the sale of the Common Shares, including the Offerings. Any such decision shall be determined by the Selling Securityholder in its sole discretion.

The Share Buyback will be conducted under our multi-year share buyback program of approximately €2 billion expected to be executed by 2026 in line with the disclosure made during the Capital Markets Day held on June 16, 2022 and falls within the limitations of the share buyback mandate approved at the annual general meeting of our shareholders on April 17, 2024.

The Share Buyback will be funded from our existing cash on hand.

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TABLE OF CONTENTS

### RISK FACTORS
You should carefully consider each of the risk factors described in the section entitled “Risk Factors” in our Annual Report, as well as other information included in this prospectus supplement and the accompanying prospectus, or incorporated by reference into this prospectus supplement and the accompanying prospectus, before you decide to purchase our Common Shares in the Offerings. Additional risks and uncertainties of which we are not presently aware or that we currently deem immaterial could also affect our business operations and financial condition. If any of these risks actually occur, our business, financial