Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q4 2024 Earnings Presentation
38 slides from Grupo Supervielle Sa Class B's earnings presentation, Mar 11, 2025
Slide 1: March 11, 2025
March 11, 2025 IR-GrupoSupervielle@gruposupervielle.com.ar San Martín 344, C1004 Ciudad de Buenos Aires, Argentina
Slide 2: IR-GrupoSupervielle@gruposupervielle.com.ar San Martín 344, C1004 Ciudad de Buenos Aires, Argentina
IR-GrupoSupervielle@gruposupervielle.com.ar San Martín 344, C1004 2 Ciudad de Buenos Aires, Argentina
Slide 3: 4Q Highlights: Foundation Set for Sustainable, Profitable Growth
4Q Highlights: Foundation Set for Sustainable, Profitable Growth aura, De in a Transition Year for Argentine Banks Aw, Loan Market SI Deposit W Solid Asset Quality E35 Share Gains & Mix — Growth ©) & Capital Ratios *Loan book +28% QoQ; +106% ~—_* Total deposit base +7% QoQ *NPL ratio remains low at
Slide 4: Looking Ahead: 2025 & Beyond
Looking Ahead: 2025 & Beyond gure, Pee Pata Strategic =e Capital Allocation Strategy Driving oUoO Growth Priorities <= Balance Sheet Growth * Building competitive value propositions * Pent-up demand supports strategic initiatives to drive strong loan growth * Room to drive further leverage * Strong
Slide 5: Banco Supervielle 4Q24: Strategic Roadmap and Milestones
Banco Supervielle 4Q24: Strategic Roadmap and Milestones aura, De © Initiatives Achievements sae Q4-2024 4Q24 (QoQ) 1, +3.6% customers mm 222 +27% loan portfolio growth, +45 pp . Ff above YoY industry growth rateg Revitalized Streamlined — Comprehensive * Record personal loan origination of Strategi
Slide 6: Strategic Focus: Profitable Growth via Targeted Segments and Products
GRUPO a Strategic Focus: Profitable Growth via Targeted Segments and SUPERVIELLE Products Prioritization of Segments/Products: Prioritizing Targeted Industry - Client Clusters whe Customer-Centric ~Q° s Tech Enabled @. Serta. .g. Oil & Gas, Mining CY. Fast, Disruptive ek j ; “Strategic Moves (G Mend
Slide 7: Building Momentum: IOL's 2024 Digital Brokerage Milestones
GRUPO a Building Momentum: |OL's 2024 Digital Brokerage Milestones SUPERVIELLE Total Accounts [#] Average MAUs [#] [+57%] 0, With 331K record Dec 24 Growth yy 14M 286) © aeek, “ad high [July 2024] Reviews and App Rating © Inversiones DARTs 0OQ ee PY. [Play store] © ene & Bok ey l «8 [App store] K Q4
Slide 8: IOL's 2025 Outlook: Stable Macro Fueling Capital Markets
IOL's 2025 Outlook: Stable Macro Fueling Capital Markets Driving grupo Dr Higher Volumes and Broader Participation oy . nO Retail Segment Ces SMBs & WM Segment * Growth in SMBs: 24-hour account opening + 24/7 liquidity solutions * One-stop shop for investments * Access to international investments &
Slide 9: 2025 Perspectives: Accelerating Growth While Strengthening the Foundation
2025 Perspectives: Accelerating Growth While Strengthening cruro the Foundation for Long-Term Value Creation + Loans expected to grow above 60% in real terms +Retail loans regaining share of total loans 28% | | } + LDR to continue improving Deposits 1% 7 — . — + Additional share gains in US$ deposit
Slide 10: 2025 Perspectives: Accelerating Growth While Strengthening the Foundation
2025 Perspectives: Accelerating Growth While Strengthening the cruro Foundation for Long-Term Value Creation * Bank net fees expected to grow, driven by higher fee income o 2.0% and lower fee expenses Fee o a + Brokerage fees to increase leveraging retail customers and new business lines i 7 + Asset
Slide 11: Thank You!
Thank You! IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
Slide 12: Back-up
Back-up IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
Slide 13: Contents
13 Couteuts i Supplementary financial Information Pal’) | Macro & Industry Pert @_@ Macro & Industry Performance GRUPO a SUPERVIELLE
Slide 14: Contents
= Supplementary financial Information GRUPO a SUPERVIELLE
Slide 15: APIs, Bank, integration, Investments
• APIs Bank • integration • • Investments • as a Service • 15
Slide 16: • • • • • • +5.7% -30.1% -1.7% +14.7% +1.3% +39.5%
• • • • • • +5.7% -30.1% -1.7% +14.7% +1.3% +39.5% 16
Slide 17: • • • • • • -3.7% +26.8% -1.9% -18.2% -13.8% +0.0%
• • • • • • -3.7% +26.8% -1.9% -18.2% -13.8% +0.0% 17
Slide 18: Retail loans +38% QoQ; Commercial loans +18% QoQ
• Retail loans +38% QoQ o Personal loans +51% QoQ • Commercial loans +18% QoQ 18
Slide 19: Retail Portfolio 48% of total, Commercial 52%
Retail Portfolio Commercial 48% of total Portfolio 52% of total 19
Slide 20: NPL Ratio of 1.3% Slightly Above 3Q24; Coverage Ratio of 169%
20 NPL Ratio of 1.3% Slightly Above 3Q24 but Still at Low Levels; Coverage Ratio of 169% (ot f=] NPt Breakdown NPL Breakdown (ai (ot f=] NPt Breakdown 9¢ NPL & Coverage NPL| Ratio [%] 2023 Sept aah Corporate ° ° ar | aE 09% 0.2% 03% 262.4% ° 18% 18% 2.7% i 2% . =— 3.3% 5.6% 9.4% .2% 1. = = _ 3Q2 =—
Slide 21: Atomized and Diversified Loan Portfolio within Company Portfolio
Atomized and Diversified Loan Portfolio within Company Portfolio Limits Loans breakdown by industry Collateralization a oN AR$ Nominal 4Q24 3Q24 Change QoQ Business Sector Share Share 347,063 Families and individuals Aa 42.3% 38.9% 65,200 Agribusiness a 91% 8.9% 20,059 Food & Beverages v 5.9% 71% 67
Slide 22: 80 bps YTD Market share gains in US$ Deposits
74% 73% • 80 bps YTD Market share gains in US$ Deposits 26% 27% 22
Slide 23: Total AR$ Deposits +9% QoQ
Total AR$ Deposits +9% QoQ Reflecting Increased Transactional Volumes Among » | Corporate Customers and Retail Time Deposits, and Seasonality in Savings SUPERVIELLE Accounts AR$ Deposits Breakdown PAs Deposit Breakdown NX +8.9% 2,850 2,132 2,322 Wholesale Funding Time Deposits Individuals and Compan
Slide 24: NIM at 25%, Adjusting to New Macro Landscape; NFI +6%
NIM at 25%, Adjusting to New Macro Lanscape; NFI +6% On 19% Growth in crupo J Client Interest Income and 7% Lower Funding Costs SUPERVIELLE Net Financial Income AR$ Interest Spread [%.] oo Mill.J (ac +5.7% NFI 419,409 173,912 183,909 120 Financial lncome —_™ Financial Expenses 90 60 49.1 0.6 27.2 43
Slide 25: Net Revenues and Expenses
Net Revenues 1 Expenses 2 4Q24 4Q24 Q oQ -1.5% Q oQ +1.3% YoY* -48.5% YoY -24.2% 25
Slide 26: Non-bank Fees Rise to 36% of Total vs 33% in 4Q23; Insurance
Non-bank Fees Rise to 36% of Total vs 33% in 4Q23; Insurance grupo De +24% QoQ Non financial services Asset Management Other bank fees 9.9% 1OL Credit Cards Deposit accounts 3Q24 4 26 Net Service Fee Income ex insurance [AR$ Mill.] +10.3% 5.4% 37,975.9 44,2661 Q23 3Q24 Q24 Income From Insurance Acti
Slide 27: Loan loss provisions performance
• YoY performance reflects expectations of a more favorable macroeconomic outlook included in the ECL model partially offset by higher provision on loan portfolio growth in 4Q24 • QoQ performance reflects loan portfolio growth compensated by the year end parameter tuning in our expected credit loss
Slide 28: 4Q24 ROE of 13.8%, Bringing full-year ROE to 15.7%
4Q24 ROE of 13.8%, Bringing full-year ROE to 15.7%, in Line with Our crupo J | Expectations SUPERVIELLE Biter Profit Before Income Tax 48,887 66,737 20,688 9,589 28,167 ss 4959634360 22,608 a 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1024 2024 3024 4024 "== Result from net monetary position —— Attributable Net
Slide 29: 2024 Performance - Capitalization with CET Ratio at 16.1%
| 2024 Performance - Capitalization with CET 1 Ratio at 16.1% gue, supports loan expansion 5 RWA growth Higher deductions AR$19.6 billion ERI Hiei _ above inflation on deferred tax dividend paid & KEY MESSAGE capitalization AR$8.0 billion _ buyback share -8.7% +0.2% L120 | 16.1% Dec 23 Bank, Net Res
Slide 30: 4Q24 Performance - Capitalization with CET Ratio at 16.1%
| 4Q24 Performance - Capitalization with CET 1 Ratio at 16.1% supports loan expansion * Profit » RWA growth » Higher ila above inflation deductions on capitalization in the quarter deferred tax -2.5% _ _——— —— aE 4.2% Sep 24 Bank, Net Result RWA Deductions GRUPO a SUPERVIELLE Dec 24
Slide 31: Income Statement & Balance Sheet
Income Statement & Balance Sheet SUPERVIELLE In millions of Ps. stated in terms of the measuring unit current at the end of the reporting period 4Q24 3Q24 2Q24 1Q24 4Q23 QoQ YoY _FY24__—=*FY23 YoY Net Interest Income 143,041 148,805 202,492 306,885 300,177 -3.9% -52.3% 801,223 829,298 -3.4% NIFFI &
Slide 32: Key Indicators
32 Key Indicators GRUPO a SUPERVIELLE 4Q24 3Q24 2Q24 1Q24 4Q23 FY24 FY23 ROAE 13.8% 49% 10.4% 33.8% 26.9% 15.7% 16.7% Profitability ROAA 2.6% 1.0% 2.3% 74% 5.3% 3.1% 2.5% & efficiency Net Interest Margin (NIM) 24.8% 24.8% 36.3% 61.9% 62.2% 35.5% 31.4% Net Fee Income Ratio 21.3% 22.5% 14.0% 8.1% 9.9%
Slide 33: Key Indicators
Key Indicators 4Q24 3Q24 2Q24 1Q24 4Q23 Retail Price Index (%)- QoQ 8.0% 12.1% 18.6% 51.6% 53.3% Retail Price Index (%)- YoY 117.8% 209.0% 271.5% 287.9% 2.4% M UVA (var) 10.2% 13.2% 32.6% 69.6% 37.2% gcro Pesos/US$ Exchange Rate 1,032.50 970.92 911.75 857.42 808.48 Badlar Interest Rate (eop) 31.9% 3
Slide 34: Contents
| 4Q24 Business Highlights gue, Sg {ail ) Macro & Industry Performance
Slide 35: Looking Ahead: Government Committed to Curbing Inflation
Looking Ahead: Government Committed to Curbing Inflation, aur Sustaining Fiscal Surplus and Progressing with Structural Reforms Approval Ley de Bases and Successful tax GICs Reserves ACHIEVEMENTS amnesty deregulation improved TO-DATE +US$20 billion ae but remain deposits negative Sustained 4 public
Slide 36: Financial Sector Loans Accelerating Since 2Q24
Financial Sector Loans Accelerating Since 2Q24 gauro > SUPERVIELLE oN Loans to Private Sector [AR$ Bill. in Nominal terms] +235.8% f=}5) INFLATION 4024 8.0% 31.2% (432.7%) (+413%) (+36.5%) (12%) YoY 117.8% 16,704 22,690 30,099 42,522 58,055 EEE AR$ Loans [in AR$ Bn. in Original Currency] +227.9% +21
Slide 37: Inflation 4Q24 YoY
INFLATION 4Q24 YoY Jan 25 YoY 37
Slide 38: Thank You!
Thank You! IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina