Proposed Change of External Auditor

Press release, 18 May 2026

Ferrari Group PLC (the "Company") announces that, following the conclusion of a competitive audit tender process, the Board of Directors (the "Board"), on the recommendation of the Audit Committee, has approved the proposed appointment of BDO LLP as the Company's external auditor for the financial year ending 31 December 2026.

The proposed appointment is subject to shareholder approval at the Company's Annual General Meeting ("AGM") to be held on 18 June 2026. A resolution to approve the appointment of BDO LLP will be put to shareholders at the AGM and shareholders are invited to vote in favour of the resolution.

Upon conclusion of the AGM, Deloitte, the Company's auditor since 2016, will cease to hold office. Ferrari Group confirms that there are no matters in connection with the outgoing auditor that need to be brought to the attention of shareholders pursuant to section 519 of the Companies Act 2006.

The Company would like to thank Deloitte for their services as auditor over the past 10 years and for their contribution throughout their tenure. Monica Belfiore, Chair of the Audit Committee, said: "Following a thorough and comprehensive tender process, the Audit Committee is pleased to recommend the appointment of BDO LLP as the Company's auditor. We are confident that BDO LLP brings the expertise, independence and sector understanding required to support Ferrari Group in the next phase of its development."

Paola Mantovani

+971 52 108 4342

ir@ferrarigroup.net / paola.mantovani@ferrarigroup.net

This announcement is made in accordance with applicable laws and regulations, including the Market Abuse Regulation (EU) No 596/2014 ("MAR"). The appointment of the new external auditor remains subject to approval by the shareholders at the forthcoming General Meeting, where applicable.

This press release may contain forward-looking statements, including statements regarding the expected timing and effects of the auditor transition. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results or outcomes to differ materially. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law or regulation.