Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q2 2018 Earnings Presentation
20 slides from Grupo Supervielle Sa Class B's earnings presentation, Aug 24, 2018
Slide 1: 2Q18 Earnings Conference Call
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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: 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$475.3 million. ROAE of 12.6% in 2Q18 below 28.8% in 2Q17 and 20.6% in 1018. Attributabl
Slide 4: Macro overview
COMPANY PRESENTATION GRUPO - SUPERVIELLE | Macro overview External and internal factors resulted in challenging macroeconomic dynamics... BB x carsyuss) BBP iNFation (%1 19,7 20,1 18,8 Dec17 Jan18 Feb18 Mar 18 Apr18 May 18 Jun18 Jul 18 Aug 21, Jan FebMarAprMayJun Jul Ago Sep OctNovDec Jan Feb Mar Ap
Slide 5: Macro overview
Macro overview GRUPO a SUPERVIELLE .. significantly changing our macro assumptions for the year and impacting overall results myrew Consensus GDP Inflation 19.4% Badlar Rate (eop) 21%2 Monetary policy Rate (eop) 21.75% FX Ar$ (eop) 21.9 Source: Central Bank Market Expectation Survey ("REM") 1 Macro
Slide 6: 14.2% 9.5% 14.1% 19.4% 8.8% 15.0% -0.5% 14.2% 12.5% 36.2% -1,5% 10.2% 19.6% 5.0%
14.2% 9.5% 14.1% 19.4% 8.8% 15.0% -0.5% 14.2% 12.5% 36.2% -1,5% 10.2% 19.6% 5.0% 12.1% 11.2% 18.6% -1.1% 6
Slide 7: 75,830 66,480 60,693 53,154 44,536 ´
75,830 66,480 60,693 53,154 44,536 ´ 7
Slide 8: 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 9: 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 Families and b Total vcd _ ed 44,2 y SMEs pce gm Larce | a Commerce id 9.3% Third party guarantees 9 9 9 9 Manufactures md 7
Slide 10: 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 11: 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 11), NiFFi & Exchange rate differences [AR$ Mill. seal ool 2Q17 3Q17 4Q17 1Q18 2Q18 NII mNIFFI & Exchange rat
Slide 12: Assets & liabilities repricing dynamics
COMPANY PRESENTATION GRUPO - SUPERVIELLE J 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 Lielittities (days) AR$ Loans 247 59% Total Depo
Slide 13: Service fee income & income from insurance activities
GRUPO a 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 BBP 7 SERVICE FEE INCOME? [ARS Mill] | 20.7% | , ee 1.578,4] 838,3 [iE 874,9 [8465 1.012,0} 2Q17,3Q17— 4Q1
Slide 14: Credit Card 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 14
Slide 15: 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 15
Slide 16: Efficiency ratio
*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 17: 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 18: Capitalization
Capitalization GRUPO a SUPERVIELLE Execution of capital deployment through loan growth and selective acquisitions to complement our product offering and digitalization strategy BBD AP ITAL DEPLOYMENT [Tier | ratio 961 0,4 -01 1,6 i 195 — 4] an ly 172 =n 5,8 13) Consolidated me Kestetee Consolidated
Slide 19: Supervielle revises 2018 guidance
COMPANY PRESENTATION GRUPO a SUPERVIELLE J Supervielle revises 2018 guidance FY 2018 EXPEC IONS Original Revised 45-50% | 40-50% | | | Significant Change in Macro Assumptions! 41-45% | 4.6-51% | G urrent Assumptions -~209 = 16-20% | | GDP 3.0% 55-59% | 59 - 63% | Inflation 19.4% Badlar Rate (eop) 21
Slide 20: GRUPO | a
GRUPO | a SUPERVIELLE