Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — BTG Pactual 9th Latin American CEO Conference 2018
26 slides from Grupo Supervielle Sa Class B's conference presentation, Oct 9, 2018
Slide 1: Grupo Supervielle
GRUPO a SUPERVIELLE > SUPERVIELLE Tarjeta Automatica s.a. > SUPERVIELLE SeGUROS ASSET fe : . . wea (19 invertirOntine.com VA y ff . mila
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: Supervielle Seguros Follow On
Supervielle SUPV Seguros Follow On • • • • • • • • • • • 4
Slide 5: Significant shift since the end of April in market consensus
RUP\ | a But significant shift since the end of April... SUPERVIELLE .. in market consensus By vert Expectations / Consensus _ 2018e i 2019e January’s Survey1 Hep | Guly’s Survey) GDP? 3.0% | 03% | 1.5% Inflation 19.4% i 318% | 20.6% Badlar Rate 21942 29%2 2A%2 (eop) Monetary policy Rate 21.75% 35%
Slide 6: The sudden stop since the end of April
COMPANY PRESENTATION The sudden stop since the end of April... aura, Pe | .... changing our assumptions for the year and impacting 2Q overall results and 2018 guidance 2Q18 Net Income declined 46% YoY and 63% QoQ mainly due to: BB x (AR5 7058). sores ocea = Losses due to a short position on FX held
Slide 7: Decisive actions after change in macroeconomic environment and 2Q results
GRUPO - SUPERVIELLE | Decisive Actions after change in macroeconomic environment and 2Q results In Consumer Finance Segment operations: * Further tightened credit standards in Consumer Finance lending, from previous changes along 1Q18 and 2Q18 in tightening credit scores * Implementing cost cutting
Slide 8: Post 2Q earnings release market events
COMPANY PRESENTATION . cruro > Post 2Q earnings release market events SUPERVIELLE cece and in market conditions. 35% currency depreciation, rate hikes to 60% and recently to 65% and 1,300 bps increase in minimum reserve requirements | es (AR$/US$) | os Aug Aug Aug Aug Aug Aug Aug Sep Sep Sep Sep Sep
Slide 9: Post 2Q earnings release market events: changes in market consensus
COMPANY PRESENTATION GRUPO - SUPERVIELLE Post 2Q earnings release market events cee further significant changes in market consensus along the quarter | Market Expectations / Consensus Source: Central Bank Market Expectation Survey (“REM”) 1 Macro assumptions included in 2018 Original Guidance releas
Slide 10: Lebac revenues and expenses
1,374,256 1,389,257 1,298,644 1,340,754 1,254,833 1,111,790 1,121,400 1,072,538 1,070,299 931,061 854,511 766,460 709,104 630,310 Lebac (Financial Entities) Lebac (Non Financial Entities) Leliq Revenues Expenses 10
Slide 11: Revision of the agreement with the IMF and new monetary policy framework
GRUPO - SUPERVIELLE | A revision of the agreement with the IMF (pending approval by the IMF Board)... * The revised IMF agreement brings total financing to USD57 bn increasing from USD50bn (previous agreement) * Allows Argentina to continue servicing its debt even in a low rollover scenario * Includ
Slide 12: SUPERVIELLE
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Slide 13: 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% 13
Slide 14: AR$ Loans and FX Loans
75,830 66,480 60,693 53,154 44,536 AR$ Loans Fx Loans ´ 14
Slide 15: 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 16: 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 17: 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 18: Credit card and personal loans NPL and delinquency
Credit Card Loans NPL Credit Card Loans Delinquency +90 Personal Loans NPL Personal Loans Delinquency +90 Retail Segment NPL Retail Segment Delinquency 18
Slide 19: Delinquency trends
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 19
Slide 20: SUPERVIELLE
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Slide 21: Supervielle prepared for growth
GRUPO a SUPERVIELLE J = Supervielle prepared for growth > 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 21
Slide 22: Argentine banking business has potential for a growth cycle when the economy rebounds
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 23: 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 24: Supervielle Strategy: One Client Vision
GRUPO a SUPERVIELLE J Supervielle Strategy: One Client Vision Corporate Consumer Banking Customers Finance Customers SUPERVIELLE Automatica sa. 1.4 Mill. 5K 448K ACTIVE CUSTOMERS Insurance SUPERVIELLE ELLE USER EXPERIENCE Asset Management SUPERVIELLE DIGITAL TRANSFORMATION AND EFFICIENCY Online Brok
Slide 25: 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 25
Slide 26: Thank you!
GRUPO | a SUPERVIELLE Thank you!
Grupo Supervielle — BTG Pactual 9th Latin American CEO Conference 2018 on 6ix