Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — BofAML 23rd Annual Financials CEO Conference 2018
34 slides from Grupo Supervielle Sa Class B's conference presentation, Sep 25, 2018
Slide 1: Grupo Supervielle
GRUPO a SUPERVIELLE > SUPERVIELLE Tarjeta Automatica s.a. > SUPERVIELLE SeGUROS NAGEMENT "fn : . . Q invertirOnline.com
Slide 2: Disclaimer
COMPANY PRESENTATION j Disclaimer This presentation contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Supervielle and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,
Slide 3: Supervielle
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Slide 4: Key economic variables
Key economic variables GRUPO a SUPERVIELLE .. significant changes in market consensus along the year and in recent weeks By vert Expectations / Consensus _ 2018e i 2018e amWeny'S Sure legen POSES SSE 2019e Guly’s Survey) 2019e (August's Survey. GDP? 3.0% | -03% | 19% Inflation? 19.4% i 318% | 40.3%
Slide 5: Post 2Q earnings release market events
COMPANY PRESENTATION Post 2Q earnings release market events reserve requirements | es (AR$/US$) I Aug Aug Aug Aug Aug Aug Aug Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep 23 24 27 28 29 30 31 3 4 5 6 7 10 N 122 183 14 +7 18 19 20 Bp Voretary Policy rate x Aug 23 Aug 24 Aug 27 Aug 28 Aug 2
Slide 6: New fiscal deficit target for 2019 impacting macroeconomic environment
GRUPO a SUPERVIELLE September 3: New fiscal deficit target for 2019 impacting macroeconomic environment Further adjustments to achieve a primary balance target in 2019 instead of previous 1.3% deficit BP Primary Fiscal Deficit target [As % of GDP] ‘? -0.2 0.3 0,2 0.0 a = == 63 Revenues 0.2 64 Expens
Slide 7: Macro overview
COMPANY PRESENTATION GRUPO - SUPERVIELLE | Macro overview External and internal factors resulting in challenging macroeconomic dynamics... BBD x carsyuss) BBP iNFation (%1 19,7. 20,1 20,1 18,8 37,1 38,3 3 Jan Feb Mar Apr May Jun Jul Ago Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug2018e Dec 17 Jan
Slide 8: 14.1% 9.5% 14.2% 19.4% 36.2% 19.6% -1,5% 10.2%
14.1% 9.5% 14.2% 19.4% 36.2% 19.6% -1,5% 10.2% 8
Slide 9: Second quarter 2018 highlights
COMPANY PRESENTATION GRUPO a SUPERVIELLE Second quarter 2018 highlights Weaker than expected results in 2Q18 impacted by difficult macro dynamics. Attributable Comprehensive Income down 11%% YoY and 36% QoQ to AR$475.3 million. ROAE of 12.6% in 2Q18 below 28.8% in 2Q17 and 20.6% in 1018. Attributabl
Slide 10: AR$ Loans and FX Loans
75,830 66,480 60,693 53,154 44,536 AR$ Loans Fx Loans ´ 10
Slide 11: Supervielle loan performance
; > Supervielle loan performance SUPERVIELLE Continued growth in retail supported by corporates; sustained slow down in origination for consumer finance following risk management initiatives | | TOTAL LOAN PORTFOLIO BREAKDOWN BY SEGMENT Loans & Leasing Portfolio [AR$ Mill. CORPORATE RETAIL CONSUMER
Slide 12: Supervielle loan portfolio
. . La Supervielle loan portfolio aura, re Highly atomized, diversified and collateralized loan book / Breakdown by Economic Activity /f Collaterals of the Corporate Portfolio , Middle a 442% vie NES Barve Large Commerce fed 9 3% ird party guarantees 9 = 9 Manufactures ied 7.6% (SBLC) 1% 5% 2% o 9 9
Slide 13: Supervielle Deposits
Supervielle Deposits GRUPO a SUPERVIELLE Accelerated growth in deposit base, up 36% sequentially or 24% FX neutral BBP Deposits cars Mill 76.7% Jun 17 Sep 17 Dec 17 Mar 18 Jun 18 ™ Deposits GBB 202 Variation fio4.o% [112.7%] fi07.6%) [119.7%] 101.8%) Loans to total deposits fe3.9%] 65.2%] [65.8%] 68
Slide 14: Funding & deposits base
J Funding & deposits base BBP unoine cars mii 6.5% \s357| psar 2012 2013. 2014 «92015 =2016 =—.2017 ™@ Financial trust debt securities remaining balance ™ Shareholders equity ™ Other Fis & Subordinated Negotiable Obligations1)2) @ Deposits * Under IFRS. 1) Includes: Other Liabilities Resulting from
Slide 15: Assets & liabilities repricing dynamics
COMPANY PRESENTATION GRUPO - SUPERVIELLE | Assets & liabilities repricing dynamics While AR$ liabilities reprice in an average of 45 days, AR$ loans are fully repriced in an average term of 247 days Avg. Repricing % of Avg. Repricing (days) AR$ Assets Liabilities AR$ Loans 247 59% Total Deposits 27
Slide 16: Credit card and personal loans NPL
Credit Card Loans NPL Credit Card Loans Delinquency +90 Personal Loans NPL Personal Loans Delinquency +90 Retail Segment NPL Retail Segment Delinquency 16
Slide 17: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
18% 16% 14% 12% 10% 8% 6% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 2015 2016 2017 2018 14% 12% 10% 8% 6% 4% 2% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 2015 2016 2017 2018 17
Slide 18: Supervielle
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Slide 19: Why Supervielle
GRUPO a SUPERVIELLE J WHY SUPERVIELLE > Argentina: towards Fiscal Sustainability Great > Financial Sector: POTENTIAL Growth Potential Intact going into the | J oupy FUTURE Operating Leverage Differentiated Strategy to Capture Growth Leadership in Relevant Products and Markets 19
Slide 20: Argentine banking business has potential for a growth cycle
COMPANY PRESENTATION The Argentine banking business has the potential for a growth cycle when the economy rebounds | Under-developed Banking & Insurance System Gril @erazil @ Colombia (@) Peru @P mexico S argentina 15 Loans to the Private Sector as a % of GDP (%) as of December 2017 except Brazil (a
Slide 21: Small industry size and low leverage levels with ample room for growth
GRUPO a SUPERVIELLE Small industry size and low leverage levels with ample room for growth | { ARGENTINA: Third largest economy of Latin America but small industry size @erazil @Pmexico Sargentina @ Colombia GSrrile (@) Peru > Small financial 246,4 ro) industry 01,4 31) es considering the u—" . size
Slide 22: Who we are
GRUPO a SUPERVIELLE | Who we are High growth financial services franchise in an industry with strong potential BBY | NTEGRATED FINANCIAL PLATFORM [US$] Main Segments Cross-selling Segments Retail Corporate Consumer Asset . . * m . Insurance Services Online Broker Car Loans Banking Banking Finance Ma
Slide 23: Who we are: growth and success
GRUPO a SUPERVIELLE | Who we are High growth financial services franchise in an industry with strong potential BBP srowTh an success Loan Market Share - Financial System - Excluding Public Banks [%] (May 19, 2016) SUPV LISTED Supervielle NYSE @ GE Money Seguros 7,0 6,0 50 5.1% 4,0 3,0 > Track record
Slide 24: Looking forward, Supervielle ranks high in KSF
| Looking forward, Supervielle ranks high in KSF GRUPO a SUPERVIELLE GROWTH customer DIVERSIFIED strategy base deposit base | Clear | | SIZEABLE | STRONG PRUDENT management to capital digital Avenues | ACCESS | transformation AGGRESSIVE | GROWTH Empowerment, FLEXIBILITY and FAST DECISIONS 24
Slide 25: Supervielle
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Slide 26: NII, NIFFI & Exchange rate differences, NIM & NFM
COMPANY PRESENTATION GRUPO a SUPERVIELLE Nil, NIFFl & Exchange rate differences, NIM & NFM NII, NIFFl & Exchange rate differences flat sequentially impacting NFM and toa lesser extent NIM BB \\1, NiFFi & Exchange rate differences [AR$ Mill. seal ool 2Q17 3Q17 4Q17 1Q18 2Q18 NII mNIFFI & Exchange rat
Slide 27: Service fee income & income from insurance activities
GRUPO a . . . . soe SUPERVIELLE Service fee income & income from insurance activities Net Service fee income up 14% QoQ driven by higher credit card and loan related fees, along with lower commissions paid BBB Net SERVICE FEE INCOME? [ARS Mill BBB come FROM INSURANCE ACTIVITIES [ARS Mill | 20.7% | ,
Slide 28: Efficiency
*Efficiency: Personnel, Administrative expenses and Depreciation & Amortization divided by the sum of Net interest income + Net income from financial instruments at fair value through profit or loss + Exchange rate differences on gold and foreign currency, net services fee income, income from insura
Slide 29: Profitability
GRUPO a SUPERVIELLE Profitability Attributable comprehensive income down 11% YoY and 36% QoQ ATTRIBUTABLE COMPREHENSIVE INCOME [AR$ Mill.] * Lower margins in consumer finance from sharp rise in cost of funds along with higher LLPs as disposable | (10.8)% = income in lower income segments deteriorate
Slide 30: Capitalization
Capitalization GRUPO a SUPERVIELLE Execution of capital deployment through loan growth and selective acquisitions to complement our product offering and digitalization strategy BBD PITAL DEPLOYMENT [Tier | ratio %1 0,4 -0/)1 1,6 i 195 — 4] an ly 1772 =n 5,8 13) Consolidated IFRS Restated Consolidate
Slide 31: Supervielle revised 2018 guidance
COMPANY PRESENTATION J Supervielle revised 2018 guidance FY 2018 EXPEC IONS Original Revised 45-50% | 40 - 50% 41-45% | 46-51% 18 - 20% | = 55 - 59% | 59 - 63% AR$ AR$ 4.0- 4.3 Bill. 2.9 - 3.3 Bill. 14-15% | 12-13% GRUPO a SUPERVIELLE | | Significant Change in Macro Assumptions! tions GDP 3.0% Infla
Slide 32: Capital and liquidity
COMPANY PRESENTATION GRUPO a . . . . . . oy SUPERVIELLE Capital. Robust capitalization coupled with ample liquidity levels and healthy balance sheet BP 208usT CAPITALIZATION BBB 200M For CONTINUED BALANCE SHEET GROWTH Risk oe ay 189%] [8.2%] [13.9%] [19.6%] [14.5%] [14.1% hos.seq [92.4%] [80.1%] [80
Slide 33: SUPV financial ratios
COMPANY PRESENTATION GRUPO a SUPERVIELLE J SUPV financial ratios wy: Interest Margin [NIM] | ame On Average Equity [ROAE] BP cicieny Ratio [%] 37,9 81,0 20,6 32,2 783 17,4.18,1 19,1196 19.2 ein ‘2 26,3 74,5 74,1 78,3 76,2 13,1123) 16,4 oo 257 2 aoe 6, O~>9—p 0-0 O.. $3:359 9 co ' 126 201120122013201
Slide 34: Grupo Supervielle
GRUPO | a SUPERVIELLE
Grupo Supervielle — BofAML 23rd Annual Financials CEO Conference 2018 on 6ix