Statement from Ferrari Chairman Luca di Montezemolo

“Ferrari will have an important role to play within the FCA Group in the upcoming
flotation on Wall Street. This will open up a new and different phase which I feel
should be spearheaded by the CEO of the Group.

This is the end of an era and so I have decided to leave my position as Chairman after
almost 23 marvellous and unforgettable years in addition to those spent at Enzo
Ferrari’s side in the 1970s.

My thanks, first and foremost, to the exceptional Ferrari women and men from the
factory, the offices, the race tracks and the markets across the world. They were the
real architects of the company’s spectacular growth, its many unforgettable victories
and its transformation into one of the world’s strongest brands.

A warm farewell and my thanks also to all of our technical and commercial partners,
our dealers across the globe and, most particularly, the clients and collectors whose
passion I so wholeheartedly share.

But my thoughts go also to our fans who have always supported us with great
enthusiasm especially through the Scuderia’s most difficult moments.
Ferrari is the most wonderful company in the world. It has been a great privilege and
honour to have been its leader. I devoted all of my enthusiasm and commitment to it
over the years. Together with my family, it was, and continues to be, the most
important thing in my life.

I wish the shareholders, particularly Piero Ferrari who has always been by my side,
and everyone in the Company the many more years of success that Ferrari deserves.”
Maranello, 10th September 2014.

eom/Ferrari Press Release