Quick Takeaways
- Two major shareholders reaffirm long-term alignment to ensure governance stability at Ferrari.
- The renewed agreement prioritizes continuity, coordinated decision-making, and ownership protection through 2029.
On January 3, the Exor Ferrari shareholders’ agreement renewal marked a continued strategic alignment between Exor N.V. and the Ferrari family, reinforcing their long-term commitment to Ferrari N.V. The renewed arrangement underscores stability in governance and reflects a shared vision for the company’s future direction and shareholder coordination.
Exor Ferrari shareholders’ agreement renewal strengthens governance alignment
Under the renewed framework, Exor N.V. and the Ferrari family will continue structured consultation mechanisms that enable coordinated positions on matters brought before Ferrari’s general meetings. These arrangements are designed to preserve consistency in decision-making while respecting each party’s role within the shareholder structure.
Exor Ferrari shareholders’ agreement renewal sets long-term timeline
The updated shareholders’ agreement will take effect once the current agreement expires. It is structured with a three-year duration, running through January 4, 2029. Unless either party chooses to terminate it under the agreed conditions, the arrangement will automatically extend for an additional three-year period.
This renewal reflects a deliberate focus on continuity and long-term planning. By reaffirming aligned interests and clearly defined shareholder rights, the agreement supports Ferrari’s governance framework while providing predictability for stakeholders over the coming years.
Exor Ferrari shareholders’ agreement renewal strengthens governance alignment
Under the renewed framework, Exor N.V. and the Ferrari family will continue structured consultation mechanisms that enable coordinated positions on matters brought before Ferrari’s general meetings. These arrangements are designed to preserve consistency in decision-making while respecting each party’s role within the shareholder structure.
- The Exor Ferrari shareholders’ agreement renewal also maintains reciprocal rights of first offer, ensuring priority consideration for existing shareholders if either party intends to transfer Ferrari shares to third parties.
Exor Ferrari shareholders’ agreement renewal sets long-term timeline
The updated shareholders’ agreement will take effect once the current agreement expires. It is structured with a three-year duration, running through January 4, 2029. Unless either party chooses to terminate it under the agreed conditions, the arrangement will automatically extend for an additional three-year period.
This renewal reflects a deliberate focus on continuity and long-term planning. By reaffirming aligned interests and clearly defined shareholder rights, the agreement supports Ferrari’s governance framework while providing predictability for stakeholders over the coming years.
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