Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — BofA Securities 2026 LatAm Equity C-Suite Conference
55 slides from Grupo Supervielle Sa Class B's conference presentation, Jan 21, 2026
Slide 1: Corporate Presentation 3Q25
Corporate Presentation 3Q25 January 2026 IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina
Slide 2: Disclaimer
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,” “expect,” “intend,” “
Slide 3: Contents
Macro & Financial Sector Overview SUPV Who we are SUPV 3Q25 Results, SUPV Earnings Conference Call Contents Presentation, November 26, 2025 Annex I: 3Q25 Supplementary Financial Information & Ratios Annex II: Industry Outlook and Supplementary Information Annex III: Macro Annex IV: ESG Commitment IR
Slide 4: SUPV Who we are
SUPV Who we are IR-GrupoSupervielle@gruposupervielle,com,ar Ciudad de Buenos Aires, Argentina 4
Slide 5: Who we are
WHO WE ARE We are a CUSTOMER CENTRIC Financial services platform with high growth potential in the normalizing macroeconomic scenario Building a service ECOSYSTEM Strong BRANDING • Building an ecosystem that integrates products and services into a SuperApp • Household name and the oldest private fra
Slide 6: Building an Ecosystem: Focused on Our Customers' Everyday Banking and Financial Needs
Building an Ecosystem: Focused on Our Customers’ Everyday Banking and Financial Needs FINANCIAL SERVICES INSURANCE Market Loans 1 share 1 MOBILITY 4.2 Play Store 7° 2.7% 369 k 4.6 App Store 3,165 Bank 8° 3.3% Insurance AuC [ ar$ Bn] Deposits 2) policies HOUSING APIs Bank integration Argentina 1.8M C
Slide 7: Our Subsidiaries
Our Subsidiaries 100% 100% SOFITAL S.A .U.F. e I, 5.0% 5.0% 4.76% “Banco Supervielle S,A,” 95.0% 100% 95.0% 100% 95.2% 100% 99.9% 95.0% 97.1% 100% Direct Participation Direct + Indirect Participation 100% 99.995% Holding 100% 100% 100% 100% 0% 100% 0% 100% S.A. 100% Agente 100% de Valores AGENTE DE
Slide 8: Strategic Focus: Profitable Growth via Targeted Segments and Products
Strategic Focus: Profitable Growth via Targeted Segments and Products Prioritization of Segments/Products: Prioritizing Targeted Industry - Client Clusters Customer -Centric 1 Corporates 5 & Tech Enabled (Segments/ Products/ Industry), E,g, Oil & Gas, Mining Fast, Disruptive Strategic Moves 2 Mendoz
Slide 9: IOL's 2025 Outlook: Stable Macro Fueling Capital Markets
IOL’s 2025 Outlook: Stable Macro Fueling Capital Markets Driving Higher Volumes and Broader Participation SMBs & Affluent Retail Segment Segment • One-stop shop for investments • Growth in SMBs: 24-hour account opening • Access to international investments & A + 24/7 liquidity solutions • Expansion
Slide 10: 3Q25 Results
3Q25 Results SUPV Earnings conference call presentation November26, 2025 10
Slide 11: 3Q25 Highlights: Navigated an Exceptionally Challenging Quarter
3Q25 Highlights: Navigated an Exceptionally Challenging Quarter 3Q25 Macro and Financial Environment Post Mid -Term Election Outlook: PRE-ELECTION VOLATILITY AND POLICY TIGHTENING EARLY SIGNS OF NORMALIZATION • Government prioritized containing Fx and inflation • Renewed optimism as government’s gai
Slide 12: 3Q25 Highlights: Navigated an Exceptionally Challenging Quarter
3Q25 Highlights: Navigated an Exceptionally Challenging Quarter Loan Growth Profitability Business performance Asset Quality Deposit Growth Outperforms Industry and Capital in 3Q2025 • Loan book +8% QoQ vs. • NPL ratio increased to • Total deposits +15% • NIM decline to 11% from Business & Strategic
Slide 13: Net Financial Margin Impacted by Extraordinary Tight Monetary Stance
Net Financial Margin Impacted by Extraordinary Tight Monetary Stance and Unsustainably High Interest Rates 2Q25 Net COST OF Changes in minimum Mortgage 3Q25 Net Financial Income FUNDING reserves requirements spread Financial Income • COST OF FUNDING 219.756 56.089 NEGATIVELY IMPACTED BY: 20.911 17.7
Slide 14: Net Financial Margin Impacted by Extraordinary Tight Monetary Stance
Net Financial Margin Impacted by Extraordinary Tight Monetary Stance and Unsustainably High Interest Rates 2Q25 Net Cost of Changes in minimum Mortgage 3Q25 Net Financial Income Funding reserves requirements spread Financial Income 219.756 56.089 20.911 17.743 • Record levels in both • Negative spre
Slide 15: Resetting 2025 Expectations in the Wake of High Real Rates
Resetting 2025 Expectations in the Wake of Extraordinary High Real Rates and Monetary Tightening, Poised to Rebound as Conditions Normalize 3Q QoQ Var YTD 2025e • Growth mainly driven by corporate loans • Temporary mix-shift towards corporate loans from retail. Retail Loans 35 -40% 7,9% 26% lending
Slide 16: Resetting 2025 Expectations in the Wake of High Real Rates
Resetting 2025 Expectations in the Wake of Extraordinary High Real Rates and Monetary Tightening, Poised to Rebound as Conditions Normalize 3Q25 QoQ Var* 9M25 YoY Var 2025e Growth in real • 4Q25 will compare with an unusually high 4Q24 Net Fee 8.6% terms • Brokerage business fees temporarily impacte
Slide 17: Annex I: 3Q25 Supplementary Financial Information & Ratios
Annex I: 3Q25 Supplementary Financial Information & Ratios 17
Slide 18: Attributable Net Loss of AR$50.3 Billion Amid Regulatory and Monetary Pressures
Attributable Net Loss of AR$50.3 Billion Amid Regulatory and Monetary Pressures Ahead of Elections; November Inflection Point with Improving Conditions and Sound Capital and Liquidity 3Q25 EARNINGS • Faster liability • Lower investment • Lower impact Higher banking service • Strict cost-control • Re
Slide 19: Tight Monetary Stance Stalls Shift from Treasury Notes to Private-Sector Loans
Tight Monetary Stance and High Reserve Requirements Stall Shift from Treasury Notes to Private -Sector Loans; LDR and Leverage B elow Historical Shift from Investment to Loan portfolio [% of Assets] Investment portfolio Loans -29p.p . +21p.p . 50% 45% 48% 44% 39% 29% 25% 23% 22% 21% Dec 23 Mar 24 Se
Slide 20: Loan Book Up 8% QoQ and 61% YoY Driven Mainly by Commercial Loans
Loan Book Up 8% QoQ and 61% YoY Driven Mainly by Commercial Loans while Retail Lending Decelerated Amid Tighter Credit Policies 02 Total Loan Breakdown 01 Assets Evolution [AR$. Bn) [%]2) +42.0 % +16.6% 100% 100% 100% 5,253 6,394 7,458 Net Loans: 44% of total 44% 47% 44% 3.251 3.043 2.066 Public Sec
Slide 21: Commercial Lending Outpaced Retail as Retail Origination Slowed
Commercial Lending Outpaced Retail as Retail Loan Origination Slowed Since 2Q25 Under Stricter Underwriting Criteria Retail Loans: 44 % of total from Commercial Loans: 56% of total from 01 44% as of Sep 24 02 56% as of Sep 24 1 Retail loans In AR$ Bn, 62 Commercial loans In AR$ Bn, 18 -2% QoQ +12% Q
Slide 22: Retail Loan Portfolio: Lower Delinquency Share than Market Share
Retail Loan Portfolio: Lower Delinquency Share than Market Share Reflects Heightened Focus on Payroll and Pension Customers Over Open Market Customers Retail loans Market share Loans to payroll and pension clients/ total 3,1% 52% loans to individuals Retail NPL Market share 3,0% 2,9% 2,7% 2,7% Perso
Slide 23: Atomized and Diversified Loan Portfolio within Company Portfolio Limits
Atomized and Diversified Loan Portfolio within Company Portfolio Limits Loans breakdown by industry [%] 3Q25 2Q25 3Q24 Business Sector Share Share Share Families and individuals 40.4% 43.8% 38.9% Agribusiness 8.8% 8.0% 8.7% Collateralized commercial loan portfolio 22% Food & Beverages 6.0% 5.6% 7.1%
Slide 24: NPL Ratio at 3.9%, Aligned with Market Trends
NPL Ratio at 3.9%, Aligned with Market Trends; Retail NPL Share Below Retail Loan Share, Reflecting Prudent Risk Focus NPL & Coverage Loan Loss Ratio [%] Provisions [%] Loan Loss 6,6% 281,7% Provisions, Net 5,8% [in AR$ million] (1) 6,4% Cost of risk [%] 5,5% 129,7% 112,2% 2,7% 0,8% 3,9% 2,4% 2,7% •
Slide 25: Total Funding +41% YoY, Driven by Deposits
Total Funding +41% YoY, Driven by Deposits and Growing Contribution from Corporate Notes and Foreign Trade Lines to Support SMEs F inancing Funding AR$ Deposits Breakdown AR$ Deposits Breakdown [AR$ Bn,] [%] [%] +29.0% +40.9 % +4.8 % +12.8% 2,445 2,993 3,019 4,842 6,055 6,829 53% 54% 56% Wholesale F
Slide 26: Deposits Up 40% YoY and 15% QoQ, Driven by US Dollar Deposit Strategy
Deposits Up 40% YoY and 15% QoQ, Driven by a Successful US Dollar Deposit Strategy in Restrictive Monetary Conditions Deposits Evolution Deposits Breakdown [AR$ Bn,] +39.6 % AR$ Deposits (Bn,) US$ Deposits (MM) +14.9% +55.8 % +29.0% 3,625 4,405 5,060 +4.8 % +30.9 % 3.355 3.199 1.248 953 2.601 801 66
Slide 27: 3Q25 NIM at 11% Impacted by Significant Monetary Tightening
3Q25 NIM at 11% Impacted by Significant Monetary Tightening and Unsustainably High Interest Rates Ahead of Mid -Term Elections Net Financial Income NIM breakdown [AR$ Mill,] -41.0% 27,9 -43.1% 22,7 Var % 212,038 21,2 20,0 15,2 NFI 219,756 125,013 QoQ YoY 11,4 3Q24 2Q25 3Q25 -84.2 % -91.4% Loan Portf
Slide 28: YTD Operating Expenses Down 10% Reflecting Ongoing Optimization Efforts
YTD Operating Expenses Down 10% Reflecting Ongoing Optimization Efforts Net Revenues, Expenses & Efficiency Ratio [AR$ Mill,] EFFICIENCY [%] 64.1 60.9 95.8 45.8 68 .8 Net Revenues 1 Expenses 2 1.040.038 3Q25 3Q25 619.745 476.157 426.421 156.267 243.862 Q oQ -37.2% Q oQ -1.3% 144.707 237.532 142.862
Slide 29: Net Fee Income Up 7% in 3Q25
Net Fee Income Up 7% in 3Q25, Driven by Banking Service Fees Repricing and Stronger Brokerage Fees Income Fee Income breakdown Net Service Fee Income ex ex insurance [%] insurance [AR$ Mill,] Non-financial services -10.0 % +6.4 % 11,9% 13,9% 11,7% +8.8 % Asset Management Other bank fees 11,1% 10,5%
Slide 30: Attributable Net Loss of AR$50.3 Billion Driven by Record Reserve Requirements
Attributable Net Loss of AR$50.3 Billion Driven by Record Reserve Requirements and Interest Rate Shock; Sound Capital and Liquidity Position Underpin Growth Strategy Profit Before Income Tax Attributable Net Income [AR$ Mill,] [AR$ Mill,] 118.304 11.678 34.375 8.917 14.416 - -59.927 -42.570 -47.038
Slide 31: Capitalization with CET1 Ratio at 13.2%
2025 Performance - Capitalization with CET 1 Ratio at 13.2% Supports Loan Expansion. CET1 as of October at 14.5% • 100% impact • Regulatory • Higher deductions TIER1 from net loss adjustment on on deferred tax KEY MESSAGE operational risk • (Reverted in capital October) +1.5 -1.2 -1.0 13,9% 13,2% Ju
Slide 32: Income Statement & Balance Sheet
Income Statement & Balance Sheet In millions of Ps., stated in terms of the measuring unit current at the end of the reporting period 3Q25 2Q25 1Q25 4Q24 3Q24 QoQ YoY 9M25 9M24 Var Net Interest Income 153,486 202,689 166,678 175,099 181,416 -24.3% -15.4% 522,853 802,123 -34.8% NIFFI & Exchange Rate
Slide 33: Key Indicators
Key Indicators 3Q25 2Q25 1Q25 4Q24 3Q24 9M25 9M24 ROAE na 5.8% 3.5% 13.9% 4.8% -3.6% 16.3% ROAA na 1.0% 0.6% 2.6% 1.0% -0.6% 3.4% Profitability Net Interest Margin (NIM) 10.8% 20.8% 19.2% 24.9% 24.7% 16.6% 40.0% & efficiency Net Fee Income Ratio 31.2% 19.4% 23.5% 21.2% 22.5% 23.9% 13.1% Cost / Asset
Slide 34: Key Indicators
Key Indicators 3Q25 2Q25 1Q25 4Q24 3Q24 Retail Price Index (%) – QoQ 6.0% 6.0% 8.5% 8.0% 12.1% Retail Price Index (%) – YoY 31.8% 39.4% 55.9% 117.8% 209.0% UVA (var) 5.4% 8.7% 7.2% 10.2% 13.2% Macro Pesos/US$ Exchange Rate 1,194.08 1,073.88 1,032.50 970.92 1,366.58 data Tamar ( eop) 42.4% 33.63% 32.
Slide 35: Annex II: Industry Outlook and Supplementary Information
Annex II: Industry Outlook and Supplementary Information IR-GrupoSupervielle@gruposupervielle,com,ar Ciudad de Buenos Aires, Argentina 35
Slide 36: Looking Ahead: Recovery Path Strengthened by Solid Macroeconomic Anchors
Looking Ahead: Recovery Path Strengthened by Solid Macroeconomic Anchors and Mid -Term Election Outcome, Setting the Momentum for Structural Reforms Approval Ley de Bases I and ongoing Mid-term deregulation across elections economy strengthened FX Reserves government’s supported by IMF, ACHIEVEMENTS
Slide 37: The Argentine Banking Business Has the Potential for Multiple Years of Growth
The Argentine Banking Business Has the Potential for Multiple Years of Growth Under -developed Banking System Credit penetration across the Loans / GDP region Source Morgan Stanley based on public information and company estimates. As of December 31, 2024 Source Morgan Stanley based on public inform
Slide 38: 2024 First Year of Loan Growth Since 2017
2024 First Year of Loan Growth Since 2017 Loans to the Private Sector Evolution Loans to Private Sector (in real terms) (AR$ bn in real terms, September 2025) Source: BCRA Source: BCRA 94,6% 124.453 85,2% 120.209 114.816 111.686 63,2% 54,3% 103.460 99.033 34,1% 89.683 101.879 90.089 14,1% 22,2% 13,6
Slide 39: Loans Continued to Expand but at a Slower Pace
Loans Continued to Expand but at a Slower Pace, Constrained by Tight Monetary Policy and Weak Economic Environment Loans to Private Sector [AR$ Bill, in real terms] +34.1% +21.8% +10.4% +12.8% +7.6% +0.0% 78.890 96.068 106.083 119.637 128.784 128.844 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 * Oct 25 and Nov25:
Slide 40: Financial Sector AR$ Deposits Continue to Expand Below Loan Growth
Financial Sector AR$ Deposits Continue to Expand Below Loan Growth; US$ Deposits Rebounding Private Sector Deposits [AR$ Bill. in Real terms] +10.2% +7.8 % -2.8% +6.7% +4.5 % +1.7% 134.580 145.034 141.030 150.537 157.270 159.888 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 AR$ Deposits U$S Deposits [in AR$ Bn. in
Slide 41: Ranking
Ranking Competition | Financial System in million of Ps as of September 2025 SUPV # 9 SUPV # 11 Argentine Financial System in terms of loans Argentine Financial System in terms of Deposits Assets Share Loans Share Deposits** Share Banco Nación 63,610,247 22.9% Banco Nación 23,186,954 19.3% Banco Nac
Slide 42: Regulatory Environment in Argentina
Regulatory Environment in Argentina The following table provides a summary of the most relevant regulations currently in place, A more detailed description of regulations is also included hereunder,grouped by topic, to facilitate understanding, Regulation Description Current Data (January 15, 2026)
Slide 43: Regulatory Environment in Argentina [cont.]
Regulatory Environment in Argentina [ cont.] The following table provides a summary of the most relevant regulations currently in place, A more detailed description of regulations is also included hereunder,grouped by topic, to facilitate understanding. Regulation Description Limit Liquidity Coverag
Slide 44: Minimum Cash Reserve Requirements
Minimum Cash Reserve Requirements AR$ Checking & Savings Accounts (excluding mutual funds deposits) 8% set up in 53.5% 5% set up in 9% set up in treasury bonds +3.5pp -3.5pp 50% -5pp 45% treasury bonds treasury bonds +5pp 35,0% 31,5% 50,0% 31,5% 45,0% 45,0% 18,5% 18,5% 13,5% 2023 jun 25 aug 25 sep 2
Slide 45: Annex III: Macroeconomic environment
Annex III: Macroeconomic environment 45
Slide 46: Sharp Decline in Inflation Levels
Sharp Decline in Inflation Levels 01 Monthly Inflation [%] 02 Annual inflation Evolution [%] 30 350 25,5 211,4 289,4 300 25 250 20 200 15 94,8 150 117,8 10 100 53,8 5 24,8 47,6 50,9 31,5 50 36,1 31,5 2,8 0 0 dic-17 dic-18 dic-19 dic-20 dic-21 dic-22 dic-23 dic-24 dic-25 MoM YoY YoY 46 Source Indec,
Slide 47: Interest Rates: From Steady Decline to Temporary Pre-Election Volatility
Interest Rates: From Steady Decline to Temporary Pre -Election Volatility 01 Interest rates [%] 3Q25 ( avg): 66,38 4Q25 ( avg): 66,00 4Q24 ( avg): 1Q25 (avg): 2Q25 ( avg): Badlar: 42.83 Badlar: 35.57 3Q24 ( avg): Badlar: 32.7 Tamar: 45.73 Tamar: 38.30 Badlar: 36.7 Badlar: 29.9 Badlar: 38.4 Tamar: 34
Slide 48: Monetary Base Growth Decelerates, FX Reserves Bolstered by IMF Agreement
Monetary Base Growth Decelerates, FX Reserves Bolstered by IMF Agreement Monetary base evolution 01 [AR$ Bn, %] 02 FX reserves [US$] As of September 25: 5% of GDP 44.782 43.272.002 24.221 38% 31-ene-25 31-jul-25 31-ene-26 31-mar-25 31-oct-25 31-ago-25 31-dic-25 31-may-25 31-jul-24 31-mar-24 31-oct-2
Slide 49: Economic Activity Sustains High Levels
01 80,0 60,0 100,0 140,0 180,0 160,0 120,0 ene-17 abr-17 jul-17 oct-17 ene-18 abr-18 jul-18 oct-18 ene-19 abr-19 Index, YoY Growth jul-19 oct-19 ene-20 abr-20 jul-20 oct-20 Monthly E conomic indicator. ene-21 abr-21 jul-21 YoY growth (%) oct-21 ene-22 abr-22 jul-22 oct-22 ene-23 abr-23 Index jul-23
Slide 50: Consumer Confidence Index
Consumer Confidence Index 01 Consumer confidence Index 3,5 102,1% 3 2,86 2,46 2,5 2,45 2 1,94 1,5 18,5% 17,50% 1 15,6% 11,8% 12,2% 7,1%5,6% 9,9% 8,1% 5,8% 6,8% 5,0% 4,9% 1,8% 0,5% 2,7% 0,5 -1,1% -0,5% -0,3% -5,4% -0,10% -4,4% -2,1% -3,7% -1,9% -3,7% -4,6% -8,1% -9,1% -8,7% -1,8% -8,2% 0 -14,8% -13,6
Slide 51: Unemployment Rises Recently but Remains Low by Historical Standards
Unemployment Rises Recently but Remains Low by Historical Standards 01 Unemployment [%] 13,1 11,7 11 10,6 10,4 10,1 10,2 9,6 9,7 9,6 9,2 9,1 9 9,1 8,7 8,9 8,3 8,2 7,7 7,6 7,9 7,6 7,2 7 7 6,9 7,1 6,9 6,9 6,4 6,6 6,3 6,2 5,7 5,7 51 Source Indec Unemployment
Slide 52: Government Determined to Maintaining Financial Balance, and Delivering Results
Government Determined to Maintaining Financial Balance, and Delivering Results 52 Fuente: Own estimates based on Ministry of Finance information
Slide 53: Annex IV: ESG Commitment
GRUPO a SUPERVIELLE Annex IV: ESG Commitment
Slide 54: ESG Strategy & Sustainable Growth
ESG Strategy & Sustainable Growth OUR COMMITMENTS OUR FOCUS AREAS Sustainable Finance Sustainable growth—protection of the environment Financial Inclusion for our Customers and and pursuance of our business strategy in a socially Energy Management Community responsible manner Natural Resources, Soci
Slide 55: Thank You!
Thank You! IR-GrupoSupervielle@gruposupervielle,com,ar Ciudad de Buenos Aires, Argentina
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