###### RELATION WITH PUBLIC INSTITUTION AND TRADE ASSOCIATIONS
We are committed to conducting our government and public institution relations, including corporate lobbying activities, in compliance with the laws and regulations in force where Ferrari operates, as well as in accordance [with the principles established in our Code of Conduct and Anticorruption Compliance Practice.](https://cdn.ferrari.com/cms/network/media/pdf/codice_condotta_ferrari_eng_def.pdf?_gl=1*1r11qb2*_ga*MjAxMTYxNTI2MC4xNjQ1MjAwNDc4*_ga_JM1HT9B412*MTY3NzU4NDcyNC4xNjQuMS4xNjc3NTg0NzYwLjAuMC4w)
Our institutional relations are underpinned by criteria of transparency, legitimacy and responsibility, both with reference to information disseminated in public offices and relationships with institutional interlocutors.
We aim to contribute positively to the future development of regulations and standards in the automotive industry and in all other sectors related to the mobility of people and goods.
We are registered with the European Transparency Register. The Register provides information about the interest representatives that seek to contribute to the decision-making processes of the European Union, and a code of conduct serving as a framework to regulate their activities.
As required by the applicable legislation, the estimated annual costs attributable to activities covered by the Register are publicly disclosed through the EU Transparency Register, also available online. We are a member of trade associations in main host countries. The main organizations of which we are a member are:
**•** Europe: ACEA – European Automobile Manufacturers' Association;
**•** Italy: ANFIA - Associazione Nazionale Filiera Industria Automobilistica;
**•** United Kingdom: SMMT - Society of Motor Manufacturers and Traders;
**•** USA: AFAI - Alliance For Automotive Innovation;
**•** Canada: GAC - Global Automakers of Canada.
In 2022, our membership fees for trade associations accounted for about €600,000.
Furthermore, we are member of several other associations as well as national and international advocacy organizations. Please refer to the GRI content index for the list of the main associations Ferrari is member of.