In line with our values, our impacts, risks and opportunities, we seek to play a key role in supporting the communities within which we operate, with a view to shared growth. For this reason, according to our Code of Conduct, we engage in constant and transparent dialogue with communities and the main local stakeholders involved directly or indirectly in our activities and in the development of social initiatives. The practice covers the following impacts and opportunity: “Support community education through general and technical programs”, “Impact on the community (e.g. Maranello) wealth thanks to the employment (e.g. job opportunities for local students, financial stability of employees)” and “Improved reputation and acquisition of new skills/expertise through stronger relationships with local communities and wealth generation (e.g. collaboration with schools and universities, local job creation, support for small local businesses)”.

Ferrari aims to promote education within the local community by establishing long-term relationships with technical schools, participating in orientation committees, and implementing training of trainers (TOT) activities. They donate Ferrari equipment and participate in public tenders to finance technical classrooms and labs in collaboration with local schools. Ferrari is also a partner of the Motorvehicle University of Emilia-Romagna (MUNER), advancing educational initiatives for inclusivity in STEM fields and motorsports. They conduct surveys, focus groups, and interviews with students to gain insight and understand challenges and needs. The committee explores reasons behind gaps and lack of opportunities, particularly for students pursuing STEM and motorsports careers.