Ferrari Announces Voting Results From Its Annual General Meeting
14 Aprile 2023 - 10:40AM
GlobeNewswire Inc.
Maranello (Italy), 14 April 2023 -
Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM:
RACE) announced today that all resolutions proposed to Shareholders
at the Ferrari’s Annual General Meeting of Shareholders (the
“AGM”) held today in Amsterdam, the Netherlands, were
passed.
The Shareholders approved the 2022 Annual
Accounts, expressed a positive advice with respect to the
Remuneration Report 2022 and approved a dividend in cash1 of Euro
1.810 per outstanding common share, totalling approximately Euro
329 million. The outstanding common shares will be quoted
ex-dividend from April 24, 2023. The record date for the dividend
will be April 25, 2023 on both EXM and NYSE and the dividend on the
outstanding common shares will be paid on May 5, 2023. Shareholders
holding the Company’s common shares on the record date that are
traded on the NYSE will receive the dividend in U.S. dollars at the
official European Central Bank EUR/USD exchange rate of April 17,
2023.
The AGM appointed all Ferrari directors standing
for election. John Elkann and Benedetto Vigna were elected as
executive directors of Ferrari. Piero Ferrari, Delphine Arnault,
Francesca Bellettini, Eduardo H. Cue, Sergio Duca, John Galantic,
Maria Patrizia Grieco, Adam Keswick and Michelangelo Volpi were
elected as non-executive directors of Ferrari.
The AGM renewed the existing delegations to the
Board of Directors of the Company of the authority to issue common
shares (for a period of 18 months from the date of the AGM), to
grant rights to subscribe for common shares and to limit or exclude
pre-emptive rights for common shares (for a period of 18 months
from the date of the AGM), subject to certain maximum amount
thresholds. Furthermore, the AGM renewed, for a period of 18 months
from the date of the AGM, the existing authorization of the Board
of Directors to repurchase up to a maximum of 10% of the Company’s
common shares issued as of the date of the AGM. Pursuant to the
authorization, which does not entail any obligation for the Company
but is designed to provide additional flexibility, the Board of
Directors may repurchase common shares in compliance with
applicable regulations, subject to certain maximum and minimum
price thresholds.
The Shareholders further approved the awards of
(rights to subscribe for) common shares in the capital of the
Company to the executive directors.
Details of the resolutions submitted to the AGM
are available on the Company’s corporate website at
https://www.ferrari.com/en-EN/corporate.
Concurrently with the AGM, the Company published
its 2022 Sustainability Report. This Report was prepared in
accordance with the GRI Standards, the main international framework
for reporting on governance, environmental and social themes. This
Report also includes further disclosures in line with the
recommendations of the Task Force on Climate-related Financial
Disclosures (TCFD), the Automobiles Sustainability Accounting
Standards, prepared by the Sustainability Accounting Standards
Board (SASB), and information required by Article 8 of the EU
Taxonomy Regulation 2020/852.
To view the 2022 Sustainability Report online,
please visit the following link:
https://www.ferrari.com/en-EN/corporate/financial-documents.
This
press release contains forward-looking statements. These statements
are based on the Group’s current expectations and projections about
future events and, by their nature, 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,
as such, undue reliance should not be placed on them. Actual
results may differ materially from those expressed in such
statements as a result of a variety of factors, including:
volatility and deterioration of capital and financial markets,
including possibility of new Eurozone sovereign debt crisis,
changes in commodity prices, changes in general economic
conditions, economic growth and other changes in business
conditions, weather, floods, earthquakes or other natural
disasters, changes in government regulation, production
difficulties, including capacity and supply constraints and many
other risks and uncertainties, including the risks related to
Covid-19 outbreak and/or the current geopolitical tensions and
conflicts in Ukraine, most of which are outside of the Group’s
control.
For further information:Media Relationstel.: +39 0536
949337Email: media@ferrari.com
________________________________________[1] The
coupon number of the dividend is 8 (eight).
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Set 2023 a Ott 2023
Grafico Azioni Ferrari NV (BIT:RACE)
Storico
Da Ott 2022 a Ott 2023
