# EDGAR Filing Document

**Accession Number:** 0001589122
**File Stem:** 0001193125-26-004642
**Filing Date:** 2026-1
**Character Count:** 34408
**Document Hash:** b7f8efb0875c88ceba4877be12801881
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-004642.hdr.sgml**: 20260106

**ACCESSION NUMBER**: 0001193125-26-004642

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260106

**DATE AS OF CHANGE**: 20260106

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ferrari N.V.
- **CENTRAL INDEX KEY:** 0001648416
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** P7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89223
- **FILM NUMBER:** 26512287

**BUSINESS ADDRESS:**
- **STREET 1:** VIA ABETONE INFERIORE N. 4
- **CITY:** MARANELLO
- **STATE:** L6
- **ZIP:** I-41053
- **BUSINESS PHONE:** 00390536949111

**MAIL ADDRESS:**
- **STREET 1:** VIA ABETONE INFERIORE N. 4
- **CITY:** MARANELLO
- **STATE:** L6
- **ZIP:** I-41053

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEW BUSINESS NETHERLANDS N.V.
- **DATE OF NAME CHANGE:** 20150717
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exor N.V.
- **CENTRAL INDEX KEY:** 0001589122

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** P7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** SYMPHONY BUILDING
- **STREET 2:** GUSTAV MAHLERPLEIN 25A
- **CITY:** AMSTERDAM
- **PROVINCE COUNTRY:** P7
- **ZIP:** 1082 MS
- **BUSINESS PHONE:** 310202402220

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** SYMPHONY BUILDING
- **STREET 2:** GUSTAV MAHLERPLEIN 25A
- **CITY:** AMSTERDAM
- **PROVINCE COUNTRY:** P7
- **ZIP:** 1082 MS

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Exor S.p.A.
- **DATE OF NAME CHANGE:** 20131011

### Attached PDF Documents

**Attachment 1:** `ck0000000000-ex99_1.pdf`

_No text found in this document._

**Attachment 2:** `ck0000000000-ex99_10.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**Ferrari N.V.**

*(Name of Issuer)*

**Common shares, par value Euro 0.01 per share**

*(Title of Class of Securities)*

**N3167Y103**

*(CUSIP Number)*

**Carlo Daneo**<br>Via Abetone Inferiore n. 4<br>Maranello (MO) L6 I-41053<br>39 0536 949111

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**01/03/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **N3167Y103** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Exor N.V.** | Name of reporting person<br>**Exor N.V.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**P7** | Citizenship or place of organization<br>**P7** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**37768613.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**37768613.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**37768613.00** | Aggregate amount beneficially owned by each reporting person<br>**37768613.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**21.3%** | Percent of class represented by amount in Row (11)<br>**21.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**HC** | Type of Reporting Person (See Instructions)<br>**HC** | |

---

**Comment for Reporting Person:** Note 1: With respect to item 7 above, each of Exor N.V. ("Exor") and Trust Piero Ferrari (the "Trust") participate in the loyalty voting program of Ferrari N.V. ("Ferrari" or the "Issuer"), which enables qualifying common shareholders to hold one special voting share for each common share they hold. Each special voting share is entitled to one vote, therefore attributing, in effect, double voting rights to the associated common share. The special voting shares have only de minimis economic entitlements, in compliance with Dutch law, and they are transferrable only in very limited circumstances together with the associated common share. As a consequence of participating in the loyalty voting program, Exor beneficially owns, in addition to the common shares indicated above, 37,768,613 special voting shares of Ferrari. As noted below, the Trust has the bare ownership of 18,892,160 special voting shares of Ferrari, of which Piero Ferrari has usufruct; such usufruct includes the voting rights of the special voting shares.
Note 2: With respect to Items 11 and 12 above, Exor disclaims beneficial ownership of the shares reported in this Schedule 13D that are beneficially owned by Piero Ferrari and Trust Piero Ferrari. Exor, Piero Ferrari and the Trust are party to a Shareholders' Agreement the terms of which are described in Item 6.
Note 3: With respect to item 13 above, this percentage does not take into account voting rights arising from the Issuer's loyalty voting program referred to in footnote 1. Taking into account Exor's ownership of special voting shares, Exor's voting power in the Issuer is approximately 32.3%, Piero Ferrari's voting power in the Issuer is approximately 16.2% and in aggregate their voting power in Ferrari is approximately 48.4%. These percentages are calculated as the ratio of (i) the aggregate number of common shares and special voting shares beneficially owned by the Reporting Persons to (ii) the total number of outstanding common shares and outstanding special voting shares of Ferrari.

| **CUSIP No.** | **N3167Y103** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Piero Ferrari** | Name of reporting person<br>**Piero Ferrari** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L6** | Citizenship or place of organization<br>**L6** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**18894295.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.7%** | Percent of class represented by amount in Row (11)<br>**10.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Note 4: With respect to item 7 above, this includes 18,894,295 common shares of Ferrari of which Mr. Ferrari has usufruct. In addition to the common shares indicated above, Mr. Ferrari also has sole voting power over 18,892,160 special voting shares of Ferrari of which he has usufruct. As described below, the Trust has the bare ownership of such common shares and special voting shares; bare ownership of the shares does not include the voting rights of such shares.

Note 5: With respect to Items 11 and 12 above, Piero Ferrari disclaims beneficial ownership of the shares reported in this Schedule 13D that are beneficially owned by Exor. Exor, Piero Ferrari and the Trust are party to a Shareholders' Agreement the terms of which are described in Item 6.

Note 6: With respect to item 13 above, please also refer to "Note 3" above.

| **CUSIP No.** | **N3167Y103** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Trust Piero Ferrari** | Name of reporting person<br>**Trust Piero Ferrari** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**Y9** | Citizenship or place of organization<br>**Y9** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**18894295.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.7%** | Percent of class represented by amount in Row (11)<br>**10.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Note 7: With respect to item 10 above, this includes 18,894,295 common shares of Ferrari of which the Trust has bare ownership. In addition to the common shares indicated above, the Trust also has bare ownership of 18,892,160 special voting shares of Ferrari. As indicated above, Piero Ferrari has usufruct of such common shares and special voting shares. Enzo Mattioli Ferrari serves as trustee and Franco Ravanetti serves as guardian of the Trust, and therefore may be deemed to have shared dispositive power as trustee and guardian, respectively.

Note 8: With respect to Items 11 and 12 above, Trust Piero Ferrari disclaims beneficial ownership of the shares reported in this Schedule 13D that are beneficially owned by Exor. Exor, Piero Ferrari and the Trust are party to a Shareholders' Agreement the terms of which are described in Item 6.

Note 9: With respect to item 13 above, please also refer to "Note 3" above.

| **CUSIP No.** | **N3167Y103** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Enzo Mattioli Ferrari, in his capacity as a trustee** | Name of reporting person<br>**Enzo Mattioli Ferrari, in his capacity as a trustee** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L6** | Citizenship or place of organization<br>**L6** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**18894295.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.7%** | Percent of class represented by amount in Row (11)<br>**10.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Note 10: With respect to item 10 above, this includes 18,894,295 common shares held by the Trust, of which Mr. Mattioli Ferrari serves as trustee and may be deemed to have shared dispositive power. In addition to the common shares indicated above, the Trust also has bare ownership of 18,892,160 special voting shares of Ferrari.

Note 11: With respect to Items 11 and 12 above, Enzo Mattiali Ferrari disclaims beneficial ownership of the shares reported in this Schedule 13D that are beneficially owned by Exor. Exor, Piero Ferrari and the Trust are party to a Shareholders' Agreement the terms of which are described in Item 6.

Note 12: With respect to item 13 above, please also refer to "Note 3" above.

| **CUSIP No.** | **N3167Y103** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Franco Ravanetti, in his capacity as a guardian** | Name of reporting person<br>**Franco Ravanetti, in his capacity as a guardian** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**L6** | Citizenship or place of organization<br>**L6** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**18894295.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | Aggregate amount beneficially owned by each reporting person<br>**18894295.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.7%** | Percent of class represented by amount in Row (11)<br>**10.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Note 13: With respect to item 10 above, this includes 18,894,295 common shares held by the Trust, of which Mr. Ravanetti serves as guardian and may be deemed to have shared dispositive power. In addition to the common shares indicated above, the Trust also has bare ownership of 18,892,160 special voting shares of Ferrari.

Note 14: With respect to Items 11 and 12 above, Franco Ravanetti disclaims beneficial ownership of the shares reported in this Schedule 13D that are beneficially owned by Exor. Exor, Piero Ferrari and the Trust are party to a Shareholders' Agreement the terms of which are described in Item 6.

Note 15: With respect to item 13 above, please also refer to "Note 3" above.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common shares, par value Euro 0.01 per share

**(b) Name of Issuer:**
Ferrari N.V.

**(c) Address of Issuer's Principal Executive Offices:**
Via Abetone Inferiore n. 4, Maranello (MO), L6, I-41053

This Amendment No. 5 to Schedule 13D (this "Amendment") is being filed jointly by each of the following persons (each, a "Reporting Person" and, collectively, the "Reporting Persons"): (i) Exor N.V. ("Exor"), (ii) Piero Ferrari, (iii) Trust Piero Ferrari (the "Trust"), (iv) Enzo Mattioli Ferrari (in his capacity as trustee of the Trust) and (v) Franco Ravanetti (in his capacity as guardian of the Trust), to amend the Schedule 13D filed by Exor S.p.A., a societa per azioni organized under the laws of the Republic of Italy, as predecessor in interest to Exor, and Piero Ferrari with the Securities and Exchange Commission ("SEC") on January 3, 2016, as amended by Amendment No. 1 to Schedule 13D filed by Exor S.p.A. and Piero Ferrari with the SEC on December 15, 2016, by Amendment No. 2 to Schedule 13D filed by the Reporting Persons with the SEC on December 19, 2022, by Amendment No. 3 to Schedule 13D filed by the Reporting Persons with the SEC on February 27, 2025 and by Amendment No. 4 to Schedule 13D filed by the Reporting Persons with the SEC on March 5, 2025 (as so amended, the "Schedule 13D") and relates to the common shares, par value Euro 0.01 per share, of Ferrari N.V., a Dutch public limited liability company (naamloze vennootschap) (the "Issuer" or "Ferrari"). Each capitalized term used and not defined herein shall have the meaning assigned to such term in the Schedule 13D. Each Item below amends and supplements the information disclosed under the corresponding Item of the Schedule 13D. Except as otherwise specifically provided herein, each Item of the Schedule 13D remains unchanged.

**Item 4. Purpose of Transaction**

Item 4 is hereby amended and supplemented to include the following:

The information set forth in Item 6 hereof is hereby incorporated by reference into this Item 4.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5(a) of the Schedule 13D is hereby amended and restated as follows:

Rows (11) and (13) of the cover pages to this Amendment, which are hereby incorporated by reference, state the aggregate number and percentage of Ferrari common shares beneficially owned by each Reporting Person. Each Reporting Person disclaims beneficial ownership in the shares reported herein except to the extent it exercises voting or dispositive power with respect to those shares. In the aggregate, the Reporting Persons beneficially own a total of 56,662,908  common shares of the Issuer, representing approximately 30.2% of the common shares outstanding. Taking into account the Reporting Persons' special voting shares, their aggregate voting power in Ferrari is approximately 48.4%.

Furthermore, the following persons listed in Schedule A to the Schedule 13D beneficially own common shares of Ferrari. The holdings below do not include and are separate from common shares held by Exor.

        Mr. Andrea Agnelli owns 1,122 common shares of record;
        Mr. John Elkann owns 34,740 common shares of record; and
        Mr. Alessandro Nasi owns 375 common shares of record.

**(b)**
Item 5(b) of the Schedule 13D is hereby amended and restated as follows:

With respect to the Reporting Persons, rows (7) through (10) of the cover pages to this Amendment are hereby incorporated by reference.

The persons listed in Schedule A to the Schedule 13D and named in Item 5 above have the sole voting power and sole dispositive power in respect of the entire number of shares indicated in this Item 5. There are no other persons known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.

**(c)**
Except as described in this Schedule 13D, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, any person identified on Schedule A to this Schedule 13D has effected any transaction in the common shares of Ferrari during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 is hereby amended and supplemented to include the following:

    On January 3, 2026, Exor, Piero Ferrari and the Trust entered into an amended and restated shareholders' agreement (the "Amended and Restated Shareholders Agreement"), which amended and restated the shareholders' agreement that was entered into by Exor and Piero Ferrari on January 3, 2016 (the "Original Shareholders Agreement") and subsequently amended on December 16, 2022 by an adherence and amendment agreement (the "Adherence and Amendment Agreement") among Exor, Piero Ferrari and the Trust. The Original Shareholders Agreement and the Adherence and Amendment Agreement are filed as Exhibits 3 and 7 to the Schedule 13D. The Amended and Restated Shareholders Agreement became effective on January 4, 2026. Ferrari N.V. is not a party to the Amended and Restated Shareholders Agreement and does not have any rights or obligations thereunder. Below is a summary of the principal provisions of the Amended and Restated Shareholders Agreement, which does not purport to be complete and is qualified in its entirety by reference to the Amended and Restated Shareholders Agreement, filed as Exhibit 10 to this Schedule 13D and incorporated herein by reference herein.

    Consultation

    The Amended and Restated Shareholders Agreement provides for consultation rights solely between Exor and Piero Ferrari, pursuant to which they will consult with each other in good faith prior to each general meeting of the shareholders of the Issuer, for the purposes of forming and exercising, to the extent possible, a common view as to matters on the agenda of any general meeting of shareholders of the Issuer (a "General Meeting"). For the purposes of this consultation right and duties, representatives of Exor and Piero Ferrari shall meet in order to discuss in good faith whether they have or can find a common view as to the matters on the agenda of the immediately following General Meeting. Such consultation rights do not require any party to vote in any particular manner and do not constitute a veto right in favor of Piero Ferrari. Exor and Piero Ferrari also agree to consult with each other for the purposes of forming and exercising a common view on any transaction or proposed resolution that requires the approval of a qualified majority at a General Meeting (under applicable law or the Issuer's articles of association) or qualifies as a significant change in the identity or character of the Issuer (within the meaning of the Dutch Civil Code).

    In addition, the Amended and Restated Shareholders Agreement provides that, well in advance of the convocation of the board meeting scheduled to call any General Meeting at which candidates will be nominated for (re)appointment to the board of directors of the Issuer, Exor and Piero Ferrari shall consult in good faith with each other in relation to profiles of the candidates for the competent corporate bodies of the Issuer.

    In the event of any consolidation of the usufruct and bare ownership of the shares held through the Trust, or any transfer of the usufruct to a permitted transferee, the parties to the Amended and Restated Shareholders Agreement shall use their best efforts to preserve such consultation rights and duties; provided, however, that unless an exemption from the Dutch mandatory offer requirements is available, such consultation rights and duties will be suspended in accordance with the terms of the Amended and Restated Shareholders Agreement.

    FSA mandatory offer rules - acting in concert

    The parties to the Amended and Restated Shareholders Agreement acknowledge and agree that the Dutch public offer rules, as laid down in the Dutch Act on Financial Supervision (the "FSA"), are applicable to Ferrari and its shareholders and that, as Exor individually, and Exor and Piero Ferrari combined, had a Voting Interest of more than 30% prior to the date on which listing and trading of Ferrari's common shares commenced on Euronext Milan and have continuously had a Voting Interest of more than 30% thereafter, Exor individually, and Exor and Piero Ferrari combined, are deemed to have a controlling influence over Ferrari within the meaning of the FSA. Accordingly, Exor individually and Exor and Piero Ferrari combined, as well as any ultimate controlling persons of either of them, benefit from an exemption from the Dutch mandatory offer requirements.

    Rights of first offer

    The Amended and Restated Shareholders Agreement provides for reciprocal rights of first offer in connection with transfers of the Issuer's common shares by Exor, on the one hand, and by Piero Ferrari and the Trust (together, the "Ferrari Family"), on the other hand.

    In the event that either Exor or the Ferrari Family intends to transfer (in whole or in part) its common shares of the Issuer to a third party, whether such transfer is solicited or unsolicited, the proposed transfer is subject to a right of first offer in favor of the other party. In such circumstances, the proposed transferring party is required to deliver prior written notice to the non-transferring party specifying, among other things, the number of common shares proposed to be transferred.

    Following receipt of such notice, the non-transferring party will have the right, within 30 business days, to make a binding, unconditional and irrevocable all-cash offer for the purchase of all (and not less than all) of the common shares proposed to be transferred, on the terms set forth in the Amended and Restated Shareholders Agreement. If the non-transferring party does not submit an offer within the applicable period, the transferring party is free to proceed with the proposed transfer within four months. If the right of first offer is exercised and the offer is accepted, the parties are required to consummate the transfer within five business days following acceptance of the offer, subject to any required regulatory approvals.

    If the transferring party does not accept the offer, it may proceed to transfer the relevant common shares to a third party, subject to certain timing and pricing restrictions. In particular, the transfer to third parties may be completed only at a price per share higher than the price offered by the non-transferring party, except in case the transferring party wishes to sell the shares by way of a book-build offering, in which case such book-build offering shall be launched in the relevant time period only if the volume-weighted average price of the common shares on Euronext Milan during the five trading days prior to launch is not lower than 110% of the price per share offered by the non-transferring party.

    The Amended and Restated Shareholders Agreement further provides that, in case the number of common shares subject to the Ferrari Family's right of first offer were to attribute to the Ferrari Family a voting interest exceeding 30%, then the Ferrari Family will be entitled to make the offer for less than all of the common shares proposed to be transferred so that such threshold is not exceeded. Any common shares acquired by the Ferrari Family pursuant to such right of first offer would be held through the Trust as bare owner, with Piero Ferrari retaining the usufruct, including the associated voting and economic rights.

    Special voting shares

    Except for transfers to permitted transferees (as defined under the Amended and Restated Shareholders Agreement, "Permitted Transferees"), the transfer of any common shares of Ferrari to a third party will result in the transfer of a corresponding number of special voting shares, in each case in accordance with the terms and conditions governing the special voting shares. The Amended and Restated Shareholders Agreement does not permit the transfer of special voting shares independently of the related common shares.

    Permitted transfers

    The rights of first offer described above do not apply in the case of transfers of common shares of the Issuer to a Permitted Transferee. Permitted Transferees include, among others, affiliates and successors of a shareholder of the Issuer and, with respect to Piero Ferrari, the Trust. Except as provided for in the Amended and Restated Shareholders Agreement and for the duration of the Amended and Restated Shareholders Agreement, the bare ownership and the usufruct of the common shares held through the Trust may not be transferred separately. Any Permitted Transferee is required to adhere to the Amended and Restated Shareholders Agreement and assume the rights and obligations of the transferring party thereunder.

    Term and termination

    The Amended and Restated Shareholders Agreement entered into force and became effective on January 4, 2026, replacing the Original Shareholders Agreement (as amended). The Amended and Restated Shareholders Agreement will remain in full force and effect for an initial term of three years (i.e., until January 4, 2029) and will be automatically renewed for a successive three-year period unless terminated by either party upon written notice given at least six months prior to the end of the initial term.

    The Amended and Restated Shareholders Agreement will terminate earlier and cease to have any effect upon the transfer of all of the common shares held by either Exor or the Ferrari Family to a third party other than a Permitted Transferee, or upon the occurrence of certain other events specified in the Amended and Restated Shareholders Agreement, including upon 15 business days' prior notice by (i) Exor if the Ferrari Family's voting interests are less than 5% for 30 consecutive days or (ii) Piero Ferrari or the Trust if Exor's voting interests are less than the Ferrari Family's voting interests for 30 consecutive days. In addition, only Piero Ferrari has the right to terminate the Amended and Restated Shareholders Agreement by providing 30 business days' prior notice to Exor at his sole discretion.

    Miscellaneous

    The Amended and Restated Shareholders Agreement provides that the contents and timing of any press release, announcements and/or regulatory filings relating to the execution of such agreement will be agreed in advance by the parties.

    The Amended and Restated Shareholders Agreement  is governed by and must be interpreted according to the laws of the Netherlands. Any disputes arising out of or in connection with the Amended and Restated Shareholders Agreement are subject to the exclusive jurisdiction of the competent court in Amsterdam, the Netherlands, without prejudice to the right of appeal and appeal to the Supreme Court.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Exor N.V.

**Signature:** /s/ Guido De Boer

**Name/Title:** Guido De Boer, Chief Financial Officer

**Date:** 01/06/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Piero Ferrari

**Signature:** /s/ Piero Ferrari

**Name/Title:** Piero Ferrari

**Date:** 01/06/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Trust Piero Ferrari

**Signature:** /s/ Enzo Mattioli Ferrari

**Name/Title:** Enzo Mattioli Ferrari, Trustee

**Date:** 01/06/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Enzo Mattioli Ferrari, in his capacity as a trustee

**Signature:** /s/ Enzo Mattioli Ferrari

**Name/Title:** Enzo Mattioli Ferrari

**Date:** 01/06/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Franco Ravanetti, in his capacity as a guardian

**Signature:** /s/ Franco Ravanetti

**Name/Title:** Franco Ravanetti

**Date:** 01/06/2026