Maranello (Italy), July 31, 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150,000,000 aggregate principal amount of 1.12% senior notes due 2029 and EUR 150,000,000 aggregate principal amount of 1.27% senior notes due 2031 (the “Notes”).

The net proceeds from the offering will be used towards general corporate purposes, including funding the capital expenditures contemplated in the current 2018-2022 plan.

As a result of this offering and the tender offer to repurchase a portion of Ferrari’s outstanding bonds, the results of which were announced on July 12, 2019, Ferrari’s debt maturity profile is now more evenly distributed and has been significantly extended.