Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — BTG Pactual 9th Latin American CEO Conference 2018
35 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
i“ SUPERVIELLE
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 snlenbs/SSng, 2019e Guly’s Survey) 2019e September’s Survey, GDP? 3.0% | -03% | -25% Inflation’ 19.4% : 318% |
Slide 5: Post 2Q earnings release market events
COMPANY PRESENTATION . GRUPO a Post 2Q earnings release market events SUPERVIELLE 35% currency depreciation, rate hikes to 60% and recently to 65% and 1,300 bps increase in minimum reserve requirements 35% Aug Aug Aug Aug Aug Aug Aug Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Se
Slide 6: Lebac and Leliq revenues and expenses
1,374,256 1,389,257 1,340,754 1,298,644 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 6
Slide 7: A revision of the agreement with the IMF
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 8: Macro overview
COMPANY PRESENTATION GRUPO - SUPERVIELLE | Macro overview External and internal factors resulting in challenging macroeconomic dynamics... BBD x carsyuss) BBP iNFation (%1 40,9 28,9 273 24,9 18,8 19,7 20,1 20,1 20,7 Dec 17 Jan18 Feb 18 Mar 18 Apr 18 May 18 Jun18 Jul18 Aug18 Sep18 Jan Feb Mar Apr May
Slide 9: 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% 9
Slide 10: 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$475.3 million. ROAE of 12.6% in 2Q18 below 28.8% in 2Q17 and 20.6% in 1018. Attributabl
Slide 11: AR$ and FX loans
75,830 66,480 60,693 53,154 44,536 AR$ Loans Fx Loans ´ 11
Slide 12: 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 13: 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 14: 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 15: 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 16: 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 17: Credit card, personal and retail 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 17
Slide 18: 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 18
Slide 19: Supervielle
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Slide 20: 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 20
Slide 21: The Argentine banking business has the 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 22: 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 23: 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$] Main Segments Cross-selling Segments Retail Corporate Consumer Asset . . * m . Insurance Services Online Broker Car Loans Banking Banking Finance Ma
Slide 24: Who we are: growth and success
GRUPO a SUPERVIELLE | Who we are High growth financial services franchise in an industry with strong potential BP srowt AND SUCCESS Loan Market Share - Financial System - Excluding Public Banks [%] (May 19, 2016) 7 ae Supervielle NYSE mM Derwvionnen 6,0 @ GE Money Seguros 50 5.1% 4,0 3,0 > Track rec
Slide 25: Looking forward, Supervielle ranks high in KSF
| Looking forward, Supervielle ranks high in KSF GRUPO a SUPERVIELLE GROWTH customer DIVERSIFIED strategy base deposit base | Clear | | SIZEABLE | STRONG PRUDENT management to capital digital Avenues | ACCESS | transformation AGGRESSIVE | GROWTH Empowerment, FLEXIBILITY and FAST DECISIONS 25
Slide 26: Supervielle
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Slide 27: NII, NIFFI & Exchange rate differences, NIM & NFM
COMPANY PRESENTATION GRUPO a SUPERVIELLE Nil, NIFFl & Exchange rate differences, NIM & NFM NII, NIFFl & Exchange rate differences flat sequentially impacting NFM and toa lesser extent NIM BB \\1, NiFFi & Exchange rate differences [AR$ Mill. seal ool 2Q17 3Q17 4Q17 1Q18 2Q18 NII mNIFFI & Exchange rat
Slide 28: 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 29: 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 30: 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 31: 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 32: 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 33: Capital: robust capitalization and ample 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 34: 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 35: Grupo Supervielle
GRUPO | a SUPERVIELLE
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