Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — LarrainVial 17th Annual Andean Conference 2023
54 slides from Grupo Supervielle Sa Class B's conference presentation, March 2023
Slide 1: March 2023
March 2023 IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
Slide 2: IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
´ IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina 2
Slide 3: Contents
Contents IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina 3
Slide 4: IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina 4
Slide 5: Financial services
Financial services • • Household name and the oldest private franchise in the country. • The eighth largest Argentine private bank in terms of loans • • Grupo Supervielle listed in NYSE and BYMA since 2016 • Placing the customer at the center of all we do • Advancing on the implementation of a deep
Slide 6: A clear path to profitability supported by structural drivers
A clear path to profitability supported by structural drivers; cruro expect to return to profitability by the close of 2Q23 VALUE CREATION > PATH TO PROFITABILITY SUPPORTED BY DIGITAL TRANSFORMATION ACCELERATED SINCE 2020 Productivity & Marginal Cost Driving Revenue Growth Rightsizing Headcount and
Slide 7: IUDU
ludu Operating efficiency from transferring IUDU’s loan portfolio and customers to the Bank. +90% headcount reduction ARS 3.7 BN Anticipated Savings in 2023 Stated in AR$ as of December 2022 Lal SUPERVIELLE
Slide 8: Our perspectives for full year 2023: expect to return to profitability
Our perspectives for full year 2023: expect to return to profitability GRUPO a SUPERVIELLE by close of 2Q23 and achieve positive inflation adj. ROE in 2023 PERSPECTIVES * Peso Loans expected be in line or slightly below inflation in 2023 Loans + Peso Deposits anticipated to increase in line =se Depo
Slide 9: Agente de Valores Holding
Agente Holding SUPERVIELLE AGENTE DE de Valores S.A. NEGOCIACIÓN 9
Slide 10: 4Q22 Business Perspective
GRUPO a SUPERVIELLE 4Q22 Business Perspective SUPV Earnings conference call presentation March 14, 2023 Patricio Supervielle, CEO 10
Slide 11: Successful execution of strategic pillars: advancing on our path towards profitability
Successful execution of strategic pillars: advancing on our path towards profitability Adverse Solid Advanci Macro Backdrop Capitalization v v v v * Inflation of 17% in 4Q22 and + Finalized Integration of |UDU * Weak loan growth in line with * Tier 1 ratio at 13% 9 ighest PoP MZOZ2MRHESeIEVEI ING) i
Slide 12: Digital customers
Dec-2021 Dec-2022 2021 2022 2022 vs. 2021 2022 vs. 2021 DIGITAL CUSTOMERS Digital & Automatic Personal Loans [% Q2] Asset Management Car Insurance Insurance policies sold policies sold though digital Clients using Investment in ´22 vs. ´21 channels in ´22 Products in 2022 vs. 2021 • • • • • 12
Slide 13: Progress in all segments
IN 2022 in all segments Entrepreneurs & SMEs Penetration Dec-2021 Dec-2022 2021 2022 Insurance policies Market Share Sight Deposits sold YoY Insurance Policies Cross-Sell Dec-2021 Dec-2022 2021 2022 Dec21 Nov22 Transactional Cross-sell Mkt. Share Clients Penetration 2 2021 9M22 • • • • 13
Slide 14: 4Q22 Financial Performance
GRUPO a SUPERVIELLE 4Q22 Financial Performance SUPV Earnings conference call presentation March 14, 2023 Mariano Biglia, CFO 14
Slide 15: • • • • • • • • • -7.0% +1.0% +23.4% +4.0% +9.3%
• • • • • • • • • -7.0% +1.0% +23.4% +4.0% +9.3% -25.5% +73.2% -4,868 + + = +149 15
Slide 16: Loan book expanded below inflation fairly in line with the industry
Loan book expanded below inflation fairly in line with the industry trend sequentially Total Loans [AR$ Mill]” GRUPO a SUPERVIELLE 4Q 2022 EARNINGS 100% -22.5% -2.7% 314.044 Industry Loans: -1.1% QoQ ao 14.9% YoY, 40,9% 36,4% 4Q21 3Q22 4Q22 4Q21 3Q22 4Q22 4Q21 ™3Q22 =4Q22 eg 12 _ * Corporate | + Per
Slide 17: Increased funding market share
INCREASED FUNDING MARKET SHARE 17
Slide 18: 4Q22 NIM and FY22 NIM
4Q22 NIM OoO YoY FY22 NIM YoY 18
Slide 19: Sequentially stable NPLs with net cost of risk of 5.7%
19 Sequentially stable NPLs with net cost of risk of 5.7% up 140 bps aur D QoQ due to higher LLP in consumer finance portfolio 4Q 2022 EARNINGS NPL & Coverage Ratio [%] Evolution of Loan Loss Provisions [AR$ Mill. - %] 5,8% 5,7% 141,7% fo oe o~ 4,3% 143,9% © 51% 5,2%, 135,9% (o} 2,8% 4.302 2.632 3.2
Slide 20: Revenues and expenses
Recurring REVENUES 1 EXPENSES 2 QoQ QoQ YoY YoY Rightsizing Branches Headcount QoQ Wages YoY 20
Slide 21: Capitalization: Tier 1 ratio in line with 2022 perspectives
Capitalization: Tier 1 ratio in line with 2022 perspectives reflecting aur D one-time items; YoY +30 bps even with share buyback 4Q 2022 EARNINGS Impairment of fixed TIERI 17% inflation assets: -40 bps Wis IT Investments: KEY MESSAGE in the quarter Headcount we " --40 bps efficiencies 0,5% —— 1 [| 1
Slide 22: ESG Commitment & Goals
GRUPO a SUPERVIELLE ESG Commitment & Goals
Slide 23: ESG Strategy & Sustainable Growth
ESG Strategy & Sustainable Growth GRUPO a SUPERVIELLE OUR COMMITMENTS OUR FOCUS AREAS Z@ Sustainable growth—protection of the environment and pursuance of our business strategy in a socially responsible manner Z Good governance practices, diversity and inclusion are key factors Z Integration of ESG
Slide 24: Transparency and disclosure standards of the sustainability strategy
o o o o o o o o o o o o TRANSPARENCY AND DISCLOSURE STANDARDS OF THE SUSTAINABILITY STRATEGY Sustainability Report since 2015 GC level in the BYMA Sustainability Index—for the Institutional Investor—in 2020 based on international standards Corporate Governance Panel-- second consecutive year Grupo t
Slide 25: ESG Goals 2024
ESG Goals 2024 ENVIRONMENT CARBON EMISSIONS AND COMPENSATION Goal: -6% REDUCTION AND 50% OFFSET 25% -4% — -6% | 2022 2023 2024 ENVIRONMENTAL & SOCIAL RISK POLICY Goal: 45% OF TOTAL PORTFOLIO 35% 40% 45% 2022 2023 2024 Rote SOCIAL % OF WOMEN IN SENIOR EXECUTIVE POSITIONS Goal: 33% 29% 31% 33% 2022 20
Slide 26: Macroeconomic & Industry Outlook
GRUPO a SUPERVIELLE Macroeconomic & Industry Outlook 26
Slide 27: Challenges ahead in terms of inflation, reserves, FX policy and IMF targets
Challenges ahead in terms of Inflation, Reserves, FX policy and IMF targets achievement in 2023 Easy comps and better external conditions supported GDP rebound in 2021, with carryover in 2022. Challenging 2023 Dec- Aug- Apr- Dec- Aug21 Apr Dec 1 19 20.20 22.22 Industrial Production ——= Economic Indi
Slide 28: [AR$ Bill. in Nominal terms]
[AR$ Bill. in Nominal terms] [in AR$ Bn. in Original Currency] [in US$ Bn.] 28
Slide 29: [AR$ Bill. in Nominal terms]
[AR$ Bill. in Nominal terms] [in AR$ Bn. in Original Currency] [in US$ Bn.] 29
Slide 30: Supplementary financial Information
GRUPO a SUPERVIELLE Supplementary financial Information 30
Slide 31: [AR$ Mill.] 1) [Mill, in Original Currency] 1)
[AR$ Mill.]1) [%] [Mill, in Original Currency]1) 31
Slide 32: [AR$ Mill] 1)
[AR$ Mill]1) [%]1) [%]1) Personal & Business Commercial Personal & Business Retail 32
Slide 33: Funding and deposits
Supervielle Deposits Funding (ARs Mi] i { -8.1% } 1 (-23%] [+45%) [-153%] (+6.4%) 722,895 706,234 737,782 624,630 664,554 pm] DE 561.897 572.782 608.655 502.032 547.517 Dec 21 Mar 22 Jun 22 Sep 22 Dec 22 ™ Shareholders equity m Other Fis & Subordinated Negotiable Obligationsl) = Deposits ) L__try De
Slide 34: [AR$ Mill.] [as % of total AR$ IEA.] 2
[AR$ Mill.] [%] [%.] [as % of total AR$ IEA.]2 34
Slide 35: [AR$ Mill.] [AR$ Mill.]
[AR$ Mill.] [AR$ Mill.] [%]1) 35
Slide 36: Asset Quality
GRUPO a Asset Quality SUPERVIELLE Loan Loss Provisions Evolution NPLs Rafir a y = = Coverage 142.3 ratio [26] DEC-21 MAR-22 JUN-22 SEP-22 DEC-22 TOTAL 4.3% 4.3% 3.8% 3.7% 3.7% 5,7% Corporate 3.1% 3.2% 2.3% 2.5% 1.9% Personal & 25% 2.4% 29% 31% 4.9% Business Individuals 2.9% 27% 31% 3.6% 4.4% Entrepr
Slide 37: [December 2022 -%]
[%] [December 2022 -%] ▪ ▪ [%] ▪ ▪ ▪ ▪ 37
Slide 38: Non-interest Expenses & Efficiency Ratio
Non-interest Expenses & Efficiency Ratio gure, Me Personnel and Administrative Expenses, D&A & Efficiency Ratio (ARS Mi] f 1 f {+8.3%} 45.2% 4 . . 624) J eee = One-time charges resulting from 22,112 22,436 23,630 22,536 23,952 87,995 92,554 initiatives to rightsize and gain 766% 741% 814% ram 2UO% o
Slide 39: [AR$ Mill.] [AR$ Mill.]
[AR$ Mill.] [AR$ Mill.] [%] [%] 39
Slide 40: Annex I: SUPV Digital Transformation Agenda & KPIs
GRUPO a SUPERVIELLE Annex | SUPV Digital Transformation Agenda & KPIs evolution as of 4Q22
Slide 41: Advancing on Our Six Strategic Pillars to Drive ROE
Advancing on Our Six Strategic Pillars to Drive ROE sure ee Leading indicators confirm we are on track to positively impact banking business results starting 2022 and into 2023 01 03 05 02 04 o& ot CUSTO! oy 5 DIGITAL za FUNDING USTOMER Uy EXPERIENCE U ADOPTION ind PEOPLE CUSTOMER EFFICIENCY ASSET A
Slide 42: Scaling Digital Retail Customer Acquisition and Further Digitizing Our Customer Base
GRUPO a | Scaling Digital Retail Customer Acquisition and Further Digitizing Our Customer Base = Shpegvieiie 3& CUSTOMER | @. DIGITAL & € STRATEGIC PILLARS U' ACQUISITION ADOPTION SUPERVIELLE APP ADOPTION INDIVIDUAL DIGITAL CUSTOMERS DIGITAL CUSTOMERS EVOLUTION THOUSANDS OF CUSTOMERS] if — } (LOGGED
Slide 43: Improving Retail Customer Journey and Increasing Share of Wallet
Improving Retail Customer Journey and Increasing Share of Wallet Supervie.ue 3x, CUSTOMER -@- DIGITAL - ( STRATEGIC PILLARS SUPERVIELLE EXPERIENCE ADOPTION INDIVIDUAL CUSTOMERS ROADMAP [EXCLUDING SENIOR CITIZENS] q a . hs O40 PlayStore or - rn 803° ey 5 & BB» : (G) 33 (G e= a gt « Corinsurance123Seg
Slide 44: Improving Senior Citizens Customer Journey and Increasing Share of Wallet
Improving Senior Citizens Customer Journey and Increasing Share —cruro > of Wallet SUPERVIELLE CUSTOMER “¢y- DIGITAL ® EXPERIENCE ADOPTION os FUNDING » - € STRATEGIC PILLARS SUPERVIELLE SENIOR CITIZENS ROADMAP: FOCUSED ON DIGITAL AND AUTOMATIC SELF-SERVICE CHANNELS oes 2/6) & #8 #25 w 3 + Payment Re
Slide 45: Digital Transformation of Commercial Customer Journeys
Digital Transformation of Commercial Customer Journeys aura. De Va SUPERVIELLE ENTREPRENEURS, SMES & MIDDLE MARKET COMPANIES ROADMAP ON 3 KEY VERTICALS y. DIGITAL 3x, CUSTOMER 28. CUSTOMER QO STRATEGIC PILLARS 4 ADOPTION EXPERIENCE U" ACQUISITION DIGITAL ONBOARDING COMPLEMENTING THE DIGITAL SERVICE
Slide 46: Scaling Digital Corporate Customer Acquisition
Scaling Digital Corporate Customer Acquisition and Further Digitizing Our crupo | De Customer Base lp € STRATEGIC PILLARS SUPERVIELLE es CUSTOMER -@- DIGITAL U" ACQUISITION ADOPTION ENTREPRENEURS, SMES & MIDDLE Peacroniva E-CHEQ { MARKET CUSTOMERS [Evolution] _/ ( J +12% -— fmm Volume of e-factoring
Slide 47: Network Right-Sizing and Accelerated Efficiencies
Efficiency GRUPO a SUPERVIELLE Network Right-Sizing and Accelerated Efficiencies @- DIGITAL ti, EFFICIENCY ) > € STRATEGIC PILLARS BOR ION fl SUPERVIELLE MONETARY TRANSACTIONS RIGHT-SIZING AND WHILE RIGHT-SIZING HEADCOUNTS - ofl BREAKDOWN BY CHANNEL [%] STREGTHENING CX [# BRANCHES] EVOLUTION [# EMPL
Slide 48: Digital Transformation of IT Capabilities
Digital Transformation of IT Capabilities sure ee Speeding up deployment of our omnichannel strategy, modern IT architecture, including APls to accelerate transformation, connect to third parties and prepare for open banking SUPERVIELLE MIGRATION TO CLOUD SERVICES APIS EVOLUTION [# ] N [% of technol
Slide 49: Annex II: Financial Information & Ratios
GRUPO a SUPERVIELLE Annex II Financial Information & Ratios
Slide 50: Income Statement & Balance Sheet
GRUPO a Income Statement & Balance Sheet SUPERVIELLE In millions of Ps. stated in terms of the measuring unit current at the end of the reporting period INCOME STATEMENT 4Q22 3Q22_——-2Q22 1922 4921 Q0Q YoY Net Interest Income 21,582.6 23,555.3 21,7724 — 20,490.4 21,014.6 8.4% 2.7% NIFFI & Exchange R
Slide 51: Key Indicators
Key Indicators PROFITABILITY & EFFICIENCY 4Q22 3Q22 2Q22 1Q22 4Q21 ROAE -3,4% -2,7% -10,2% -1,8% -7,0% ROAA | -0,5% -0,4% 14% -0,2% -1,0% Net Interest Margin (NIM) 216% 22,0% 18,8% 19,2% 18,3% Net Fee Income Ratio | 17,9% 16,7% 18,6% 19,1% 20,3% Cost / Assets 15,1% 13,5% 13,0% 12,3% 119% Efficiency
Slide 52: Key Indicators
GRUPO a ° Key Indicators SUPERVIELLE MACRO 4Q22 3Q22 2022 1922 4Q21 Retail Price Index (%) 17.3% 22.0% 17.3% 16.1% 10.2% Avg. Retail Price Index (%) | 94.8% 83.0% 64.0% 55.1% 50.9% UVA (var) 19.8% 19.9% 18.5% 11.8% 9.9% Pesos/US$ Exchange Rate | 177.13 147.32 125.22 110.98 10.75 Badlar Interest Rate
Slide 53: Official Fx rate Dec-2018 In 2022
Official Fx rate • • Dec-2018 Dec-2022 • 1 3 5 In 2022 Accumulated • Doubling Dec-2018/22 Blue chip swap rate 2021 levels [Avg. Inflation Dec-2022 [95% Gap] • 57%] 2 4 6 • • • 2018-2022 Avg. YoY Inflation • Dec-2018 Sept-2022 • • Avg. Badlar Interest Rate Dec-2018 Sept-2022 • • 53
Slide 54: Thank You!
Thank You! IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
Grupo Supervielle — LarrainVial 17th Annual Andean Conference 2023 on 6ix