Addressing Misleading Media Reports: Ferretti International Holding's Standpoint

Ferretti International Holding's Response to Recent Media Claims

On March 9, 2026, Ferretti International Holding S.p.A. (FIH) issued a statement to clarify certain inaccuracies in recent media and analyst discussions surrounding Ferretti Group. As a key player in the luxury yacht sector and a subsidiary of Weichai Group, FIH emphasized its continuous commitment to Ferretti Group's growth, outlining its role as a strategic investor since 2012.

Long-Term Investment and Stability

When Weichai Group stepped in nearly a decade ago, Ferretti Group was teetering on the brink of insolvency with diminishing revenues around €300 million and substantial losses. Since then, Weichai has injected approximately €470 million into the company, catalyzing its turnaround to a robust annual revenue of about €1.23 billion by 2025 and a net profit nearing €90 million. This sound financial groundwork not only showcases FIH's investment acumen but also highlights the resilience and market strength of Ferretti Group, now a pivotal player in luxury yachting.

Commitment to Growth and Expansion

The firm’s successful expansion into global markets, evidenced by its listings on the Hong Kong Stock Exchange in 2022 and Euronext Milan in 2023, marks significant milestones in its corporate journey. As the first Italian luxury yacht manufacturer to achieve this dual-market recognition, Ferretti Group epitomizes growth that aligns with its heritage of craftsmanship and innovation.

Recently, with the acquisition and enhancement of the San Vitale shipyard complex in Ravenna—now the largest facility under Ferretti Group—FIH has invested approximately €140 million. This move not only boosts production capabilities by 30% but also strengthens the commitment to Italian craftsmanship.

Governance Structure and Transparency

Contrary to some portrayals, FIH maintains a corporate governance framework consistent with the highest international standards. Ferretti Group operates under stringent governance processes that require all strategic decisions to be made through its board of directors and CEO in compliance with statutory and regulatory requirements. This setup ensures that all shareholders' interests are upheld, with FIH acting through established channels—not as a unilateral decision-maker.

Addressing Media Commentary

In light of ongoing discussions regarding a voluntary conditional partial offer from KKCG Maritime, FIH has raised concerns over certain media remarks about shareholder sentiments and future strategic direction. The timing of such commentary could pose risks of misinformation, especially during regulated offering processes, necessitating caution and prudence in such disclosures.

FIH firmly asserts that, while it reserves the right to respond to these potentially misleading claims, its dedication to growth, transparency, and shareholder engagement remains steadfast.

Conclusion

As Ferretti International Holding moves forward, its established record of support for Ferretti Group’s growth and expansion remains integral to its business philosophy. By adhering to best governance practices and promoting an effective management structure, it stands prepared to tackle any challenges while delivering value to all stakeholders involved.

For more information on Ferretti Group and its governance framework, please refer to their official communications and investor relations resources.