UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
SD
SPECIALIZED
DISCLOSURE REPORT
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FERRARI
N.V.
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(Exact name of the registrant
as specified in its charter)
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Netherlands
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001-37596
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Not
applicable
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(State or other jurisdiction
of incorporation or organization)
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(Commission File
Number)
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(IRS Employer Identification
No.)
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Via Abetone
Inferiore N.4, I-41053 Maranello (MO), Italy
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(Address of
principal executive offices)
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Michael Leiters
Head of
Purchasing
+39-0536-365002
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(Name and telephone number,
including area code, of the person to contact in connection with
this report.)
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Check the
appropriate box to indicate the rule pursuant to which this form is
being filed, and provide the period to which
the information
in this form applies:
þ
Rule 13p-1 under
the Securities Exchange Act (17 CFR 240.13p-1) for the reporting
period from January 1 to December
31,
2019.
Unless otherwise
specified, the terms “Ferrari N.V., “Ferrari,” and the “Company”
refer to Ferrari N.V., a public limited liability company
(naamloze
vennootschap) organized under the laws of
the Netherlands, its consolidated subsidiaries or any one or more
of them, as the context may require.
Introduction
Ferrari is among
the world’s leading luxury brands focused on the design,
engineering, production and sale of the world’s most recognizable
luxury performance sports cars. Ferrari designs, engineers
and produces its cars in Maranello, Italy, and sells them in over
60 markets worldwide through a network of 166 authorized dealers
operating 187 points of sale.
Ferrari’s
products may contain tin, tantalum, tungsten, and gold
(collectively, “3TG”) and a portion of those minerals may have
originated from the Democratic Republic of the Congo (the “DRC”)
and its adjoining countries (with the DRC, the “Covered
Countries”).
Ferrari is
committed to responsible sourcing and to avoid knowingly using
conflict minerals that support or fund inhumane treatment,
including human trafficking, slavery, forced labor, child labor,
torture and war crimes. Due to the complexity of its supply chain,
Ferrari is dependent upon suppliers to provide the information
necessary to correctly identify the smelters and refiners that
produce the 3TG contained in its products and take appropriate
action to determine that these smelters and refiners source
responsibly.
Section 1 -
Conflict Minerals Disclosure
Item 1.01
Conflict Minerals Disclosure and Report
Ferrari has
concluded that during 2019,
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a)
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Ferrari has
manufactured and contracted to manufacture products as to which
“conflict minerals” (as defined in Section 1, Item 1.01(d)(3) of
Form SD) are necessary to the functionality or production of such
products; and
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b)
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Based on a
“reasonable country of origin inquiry” Ferrari believes that a
portion of the 3TG in its products originated or may have
originated in the Covered Countries and are not from recycled or
scrap sources.
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Ferrari’s
reasonable country of origin inquiry employed a combination of
measures to determine whether the 3TG in products originated from
the Covered Countries or came from recycled or scrap sources. The
primary means of determining country of origin of 3TG was by
conducting a survey of direct production, service, and after-market
part direct suppliers (collectively, the “direct suppliers”) using
the Responsible Minerals Initiative’s Conflict Minerals Reporting
Template and the iPoint Conflict Minerals Platform. Ferrari
surveyed all direct suppliers and received responses from direct
suppliers representing 94% of the total amount spent on Ferrari’s
2019 procurement activities.
Item 1.02
Exhibit
Ferrari’s
Conflict Minerals Report for the calendar year ended December 31,
2019 is filed as Exhibit 1.01 to this Form SD.
Section 2 -
Exhibits
Item 2.01
Exhibits
Exhibit 1.01 -
Conflict Minerals Report as required by Items 1.01 and 1.02 of this
Form SD.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the duly
authorized undersigned.
Date: May 27,
2020
Ferrari
N.V.
(Registrant)
Michael
Leiters
Head of
Purchasing
