Market Overview

Dividend Distribution

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Ferrari N.V. (NYSE/MTA: RACE) announced today that its Board of Directors intends to recommend to the Company's shareholders a dividend distribution to the holders of common shares of Euro 1.13 per common share, corresponding to a total distribution of approximately Euro 210 million equal to approximately a 8% increase compared to last year distribution.

The distribution will be subject to its approval by the Annual General Meeting of Shareholders which is scheduled to be held on April 16, 2020.

If shareholders approve the proposed dividend distribution, the ex-date is expected to be April 20, 2020, the record date April 21, 2020 on both MTA and NYSE and the payment date May 5, 20201.

1 The coupon number of the dividend is 5 (five).

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