1、MARANELLO,NOVEMBER 4,2025Q3 2025 RESULTSFORWARD LOOKING STATEMENTThis document,and in particular the section entitled“2025 Guidance revised upward during the 2025 Capital Markets Day”,contain forward-looking statements.These statements may include terms such as“may”,“will”,“expect”,“could”,“should”,

2、“intend”,“estimate”,“anticipate”,“believe”,“remain”,“continue”,“on track”,“successful”,“grow”,“design”,“target”,“objective”,“goal”,“forecast”,“projection”,“outlook”,“prospects”,“plan”,“guidance”and similar expressions.Forward-lookingstatements are not guarantees of future performance.Rather,they are

3、 based on the Groups current expectations and projections about future events and,by theirnature,are subject to inherent risks and uncertainties.They relate to events and depend on circumstances that may or may not occur or exist in the future and,assuch,undue reliance should not be placed on them.A

4、ctual results may differ materially from those expressed in such statements as a result of a variety of factors,including:the Groups ability to preserve and enhancethe value of the Ferrari brand;the Groups ability to attract and retain qualified personnel;the success of the Groups racing activities;

5、the Groups ability to keep upwith advances in high performance car technology,to meet the challenges and costs of integrating advanced technologies,including electric,more broadly into itscar portfolio over time and to make appealing designs for its new models;the impact of increasingly stringent fu

6、el economy,emissions and safety standards and thepotential advent of self-driving technology;increases in costs,disruptions of supply or shortages of components and raw materials;the Groups ability tosuccessfully carry out its low volume and controlled growth strategy,while increasing its presence i