TIM KUNISKIS | HEAD OF SAFE HARBOR STATEMENT

This document and the related presentation contain forward-looking statements. In particular, to compliance with environmental, health and safety regulations; the intense level of these forward-looking statements include statements regarding future financial performance competition in the , which may increase due to consolidation; exposure to and the Company’s expectations as to the achievement of certain targeted metrics, including shortfalls in the funding of the Group’s defined benefit pension plans; the Group’s ability to net debt and net industrial debt, revenues, free cash flow, vehicle shipments, capital provide or arrange for access to adequate financing for the Group’s dealers and retail investments, research and development costs and other expenses at any future date or for customers and associated risks related to the establishment and operations of financial any future period are forward-looking statements. These statements may include terms such services companies including capital required to be deployed to financial services; the as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, Group’s ability to access funding to execute the Group’s business plan and improve the “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, Group’s business, financial condition and results of operations; a significant malfunction, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future disruption or security breach compromising the Group’s information technology systems or performance. Rather, they are based on the Group’s current state of knowledge, future the electronic control systems contained in the Group’s vehicles; the Group’s ability to realize expectations and projections about future events and are by their nature, subject to inherent anticipated benefits from arrangements; the Group’s ability to successfully risks and uncertainties. They relate to events and depend on circumstances that may or may implement and execute strategic initiatives and transactions, including the Group’s plans to not occur or exist in the future and, as such, undue reliance should not be placed on them. separate certain businesses; disruptions arising from political, social and economic instability; Actual results may differ materially from those expressed in forward-looking statements as a risks associated with our relationships with employees, dealers and suppliers; increases in result of a variety of factors, including: the Group’s ability to launch new products successfully costs, disruptions of supply or shortages of raw materials; developments in labor and and to maintain vehicle shipment volumes; changes in the global financial markets, general industrial relations and developments in applicable labor laws; exchange rate fluctuations, economic environment and changes in demand for automotive products, which is subject to interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes cyclicality; changes in local economic and political conditions, changes in trade policy and the or other disasters and other risks and uncertainties. imposition of global and regional tariffs or tariffs targeted to the automotive industry, the Any forward-looking statements contained in this document and the related presentations enactment of tax reforms or other changes in tax laws and regulations; the Group’s ability to speak only as of the date of this document and the Company disclaims any obligation to expand certain of the Group’s brands globally; the Group’s ability to offer innovative, update or revise publicly forward-looking statements. Further information concerning the attractive products; the Group’s ability to develop, manufacture and sell vehicles with Group and its businesses, including factors that could materially affect the Company’s advanced features including enhanced electrification and autonomous driving financial results, is included in the Company’s reports and filings with the U.S. Securities and characteristics, various types of claims, lawsuits, governmental investigations and other Exchange Commission, the AFM and CONSOB. contingent obligations affecting the Group, including product liability and warranty claims and environmental claims, investigations an lawsuits; material operating expenditures in relation 2 3 3 MASERATI MODELS • 1959 Maserati 3500 GT Spyder • 1971 interior • 1971 Maserati Bora • 1969 SS • 1953 Maserati A6GCS • 1963 Maserati Mistral Interior • 1968 Maserati Ghibli Spyder • 1953 Maserati A6GCS front grille • 1956 Maserati 350S • 1963 • 1959 Maserati 3500 GT Spyder Iniezione engine • 1957 Maserati 3500 GT interior

4 5 2012 UNITS SOLD 14% 6,000 GLOBALLY MARKET COVERAGE SPECIALTY 9% LARGE 5%

Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 6 2014 GHIBLI TOOK MASERATI TO NEW HEIGHTS 32% UNITS SOLD MARKET 30,000 GLOBALLY COVERAGE

SPECIALTY 9% LARGE SEDAN 5%

Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 7 2017 LEVANTE CONTINUED THE GROWTH 46% MARKET COVERAGE UNITS SOLD 50,000 GLOBALLY

SPECIALTY 9% LARGE SEDAN 5%

Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 8 WORLDWIDE GROWTH

TOTAL

50k 50k

TOTAL 40k +700% 33k 32k

12k 53% 6k 6k GLOBAL SALES

2011 2012 2013 2014 2015 2016 2017 2018

9 WORLDWIDE GROWTH

NAFTA +650% CHINA >1,000%

15K 15K 15K 13K 14K 12K 13K 12K 8K 7K 5K 2K 3K 3K 1K 1K

2011 2012 2013 2014 2015 2016 2017 2018 2011 2012 2013 2014 2015 2016 2017 2018

EU +450% ROW +550%

11K 11K 9K 9k 9k 6K 6K 5k 6k 6k 2K 1K 2K 1k 1k 2k

2011 2012 2013 2014 2015 2016 2017 2018 2011 2012 2013 2014 2015 2016 2017 2018

10 DEMOGRAPHICS

LEVANTE QUATTROPORTE GHIBLI GT/GC

CUSTOMER PROFILE

5-10 YEARS 53 35 51 57 35 54 55 32 49 53 53 YOUNGER

SEGMENT AVG. 53 39 56 60 39 65 59 36 60 56 60

€ RMB USD € RMB USD € RMB USD € USD 2X THE INCOME 216K 780K 590K 275K 732K 790K 227K 648K 460K 286K 725K

SEGMENT AVG. 119K 540K 265K 146K 588K 352K 102K 444K 245K 152K 359K

Sources: NVCS / NCBS 11 OUR APPROACH

STAYED ON COURSE

12 GROWING DEALER NETWORK

13 2014 TO 2022 GROWTH %

+75% GLOBAL NETWORK GROWTH NAFTA 185

153

115 106

GLOBAL POINTS OF SALE* 2014 2016 2018 2022 +62% 588 EU +26% 174 507 162 164 138 420 364

2014 2016 2018 2022

+150% CHINA 130

96 2014 2016 2018 2022

52 55

2014 2016 2018 2022

* Includes LATAM points of sale Count based on Point of Sales; 2018 based on FRC1 14 CAPITALIZE ON GROWTH

PREMIUM INDUSTRY GROWTH U V GROWTH PREMIUM ELECTRIFICATION

% GROWTH

+10%

4.2M +5% +19% 4.0M MAINSTREAM 3.9M UP TO 1/3 +22% ELECTRIFIED

3.2M

PREMIUM

UVs

2017 2018 2019 2020 2021 2022 2010 2017 2022 2017 Mid-'20s

15 PREMIUM MAINSTREAM

PREMIUM SEGMENT GROWTH NAFTA +11% -7% 2,4M

2,2M 8,2M +19% 2017 2022 8,1M 7,9M vs. Mainstream +10% +5% +6% EU 2,3M 7,7M 7,6M

2,2M

7,3M 2017 2022

CHINA +19% +13% 2,4M 2017 2018 2019 2020 2021 2022

2,0M

2017 2022

Source: Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 16

21.1% 12.8% PREMIUM 7.6% 9.7% MAINSTREAM GLOBAL PREMIUM UV GROWTH

GROWTH Forecast 2017–2022 4.2M +5% [VALUE]M 3.9M +22%

CARS [VALUE]M

MID-SIZE UV SEGMENT 2022 33% 2,1M 2017 1,6M

UVs

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Source: Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 17

2011 2017 2022 22 Δ 17 Industry 5.0M 7.3M 8.2M +0.9 D-UV 0.6M 1.6M 2.1M +0.5 GROWTH OF HIGH - VOLTAGE ELECTRIFICATION

ENVIRONMENTAL BENEFITS

PERFORMANCE BENEFITS

GREATER RANGE

NEXT-GENERATION TECHNOLOGY UP TO 1/3 1/3 HIGH VOLTAGE ELECTRIFIED 5% BY MID 2020’S ELECTRIFIED ELECTRIFIED TODAY

2017 Mid-2020s

Source: IHS 2018-03 18 EVERY MASERATI WILL ALWAYS BE TRUE TO THE BRAND

PREMIUM MATERIALS CUSTOMIZATION

INCREDIBLE PERFORMANCE ITALIAN CRAFTSMANSHIP 19 MASERATI’S HALO

20 MASERATI OF EVs

FIRST LUXURY EV COUPE

MODULAR SPACEFRAME PHEV / e-AWD Maximum weight reduction (only +175 kg vs. ICE) COUPE / CABRIO E-AWD Top Speed: 300+ KM/H Full Active Torque Vectoring

ACTIVE AERODYNAMICS

A L U M I N U M 0-100 KM/H IN ~2-SECONDS SPACEFRAME

21 ALFIERI

22 MID - S I ZE UV

23 ALL- N E W M I D - S I Z E U V

D-UV Levante

EXPANSION OF MARKET COVERAGE TO 71% WITH MID-SIZE UV [CATEGORY NAME] Mid-Size UV 19% 26% Total Maserati Market 8.2M

Ghibli 2022 Maserati Coverage 71%

Full-Size Sedan Best-in-class lightweight platform 14%

50/50 weight distribution [CATEGORY NAME] 25% Large Sedan Superior Ride & Handling 3% [CATEGORY NAME] 6% Quattroporte Best-in-class power-to-weight ratio Full-Size Wagon 3% Alfieri Plug-in Hybrid Large UV 3%

SEGMENTS COVERED IN 2022 SEGMENTS COVERED IN 2018 Source: Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 24 ALL- NEW QUATTROPORTE AND LEVANTE

D-UV Levante

EXPANSION OF MARKET COVERAGE TO 71% WITH MID-SIZE UV [CATEGORY NAME] Mid-Size UV 19% State-of-the-art modular platform 26% Total Maserati Market 8.2M Ghibli 50/50 weight balance 2022 Maserati Coverage 71%

Full-Size Sedan Dynamic Q4 AWD system 14%

Plug-in hybrid [CATEGORY NAME] 25% Large Sedan 3% [CATEGORY NAME] 6% Quattroporte Full-Size Wagon 3% Alfieri Large UV 3%

SEGMENTS COVERED IN 2022 SEGMENTS COVERED IN 2018 Source: Source: IHS 2018-03 Premium segments Excludes A / B / C Segments 25 ELECTRIFIED POWERTRAINS

ELIMINATION OF DIESELS

HYBRIDS • Improved performance • Reduced CO2

PERFORMANCE FOCUSED PLUG -IN HYBRIDS • Battery power is always available for performance or when full-electric range is needed for city center

BEV…?

26 MASERATI BLUE

ALFIERI CABRIO NEW QUATTROPORTE NEW LEVANTE ALFIERI

FULL BATTERY ELECTRIC MASERATI VEHICLES 3-Motor AWD with Torque Vectoring State-of-the-art 800V battery technology Over 50% more power Light weight Limited space intrusion Long range Quick charge times

27 28 29

PRODUCT PORTFOLIO

ELECTRIFICATION 2018 2022 AUTONOMY

43% MARKET COVERAGE 68% MARKET COVERAGE CONNECTIVITY GLOBAL

D New D-UV 6 New launches

• 8 PHEVs

• 4 BEVs E 100% electrified Levante Ghibli MCA New Levante Ghibli MCA

Every Maserati is all-new or redesigned F

PREMIUM SEGMENTS PREMIUM Quattroporte MCA New Quattroporte L3 autonomy

SPECIAL TY GranTurismo MCA GranCabrio MCA New Alfieri New Alfieri Cabrio

• An entirely new line-up • Target the largest and fastest-growing segments • Keep leveraging on halo product to reinforce Brand positioning

PHEV BEV Autonomy Connected 30 VISION BY 2022

100,000 UNITS

15% MARGIN

31