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STATEMENT BY FERRETTI INTERNATIONAL HOLDING S.p.A. REGARDING RECENT MEDIA AND ANALYST COMMENTARY ON FERRETTI GROUP

  • Ferretti International Holding S.p.A. , owned by Weichai Group, responded to misleading media and analyst statements about their role in Ferretti Group.
  • Weichai Group has been a strategic investor in Ferretti Group since 2012, supporting it when it was near insolvency with around €300 million in revenues and substantial losses.
  • Weichai Group has invested about €470 million in Ferretti Group, helping it return to sustainable profitability and become a leader in the global luxury yacht market.
  • FIH exercises shareholder rights through proper corporate governance and does not prevent Ferretti Group's management from pursuing growth or act unilaterally, contrary to some claims.
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"Ferretti International Holding does not act unilaterally to give directives or to place constraints on management," the Chinese say. "For Kepler Cheuvreux, a new cda without the Chinese will be able to release value"

·Italy
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The Berkshire EagleThe Berkshire Eagle
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STATEMENT BY FERRETTI INTERNATIONAL HOLDING S.p.A. REGARDING RECENT MEDIA AND ANALYST COMMENTARY ON FERRETTI GROUP

MILAN, March 9, 2026 /PRNewswire/ -- Ferretti International Holding S.p.A. ("FIH"), a wholly-owned subsidiary of Weichai Group and controlling shareholder of Ferretti S.p.A. (HKEX: 9638 / Euronext Milan: YACHT) ("Ferretti Group" or the "Company"), wishes to address certain inaccurate and…

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PR Newswire broke the news in United States on Monday, March 9, 2026.
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