Slides
Page 1
IR-GrupoSupervielle@gruposupervielle.com.ar San Martín 344, C1004 Ciudad de Buenos Aires, Argentina RESULTS First Quarter 2025 May 28, 2025
Page 2
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,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “seek,” “future,” “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) changes in general economic, financial, business, political, legal, social or other conditions in Argentina or elsewhere in Latin America or changes in either developed or emerging markets, (ii) changes in regional, national and international business and economic conditions, including inflation, (iii) changes in interest rates and the cost of deposits, which may, among other things, affect margins, (iv) unanticipated increases in financing or other costs or the inability to obtain additional debt or equity financing on attractive terms, which may limit our ability to fund existing operations and to finance new activities, (v) changes in government regulation, including tax and banking regulations, (vi) changes in the policies of Argentine authorities, (vii) adverse legal or regulatory disputes or proceedings, (viii) competition in banking and financial services, (ix) changes in the financial condition, creditworthiness or solvency of the customers, debtors or counterparties of Grupo Supervielle, (x) increase in the allowances for loan losses, (xi) technological changes or an inability to implement new technologies, (xii) changes in consumer spending and saving habits, (xiii) the ability to implement our business strategy and (xiv) fluctuations in the exchange rate of the Peso. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Grupo Supervielle’s filings with the U.S. Securities and Exchange Commission (SEC) and Comision Nacional de Valores (CNV). Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as the date of this document. Grupo Supervielle is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Unless otherwise indicated, all financial information of our company included in this presentation is stated in terms of the measuring unit current at the end of the reporting period. Disclaimer IR-GrupoSupervielle@gruposupervielle.com.ar San Martín 344, C1004 Ciudad de Buenos Aires, Argentina2
Page 3
3 2025 Environment Temporary macro headwinds impacted 1Q25 loan demand • Precautionary behavior ahead of IMF milestone agreement • Heightened FX volatility and devaluation expectations • Limited peso liquidity across the system Structural macro and political conditions remain supportive • Fiscal surplus of +0.3% in 2024 and +0.22% in Jan-Apr 2025 • Positive early signals ahead of provincial legislative elections • FX restrictions largely lifted; final steps remain • IMF agreement and aligned multilateral banks • Inflation continued to decelerate • Strengthened FX reserves 1Q25 Highlights: Navigated a Transitional Macro Environment; Maintain Confidence in Our Core Strengths to Drive Growth Loan Market Share Gains & Mix Solid Asset Quality & Capital Ratios • Loan book +3% QoQ; +104% YoY . Retail Loans up 13%. • Gained +40 bps YoY in share • Higher margin retail loans increased to 52%, from 48% of total loans in 4Q24 • NPL ratio of 2%, consistent with credit normalization after strong retail loan growth and within expected levels. • Coverage ratio of 153% • CET 1 ratio at 15.3%, well-positioned for further growth Deposit Growth Profitability • Total deposit base +8% QoQ • AR$ deposits +12% QoQ • US$ deposits at record levels up 170% YoY above industry growth gaining +100 bps in share and 30 bps QoQ • Client net financial income up 17% QoQ. • Cost reduction of 12% QoQ and 17% YoY cost reduction • ROE of 4% in real terms, and Net Income at Ps.8 Bn
Page 4
4 1Q25 strategic initiatives 1Q25 Highlights: Scaling Innovation to Deepen Customer Engagement and Accelerate Growth Investment transactions powered by IOL through the Bank's app. Integrated Gen AI-powered interactions via WhatsApp WhatsApp First Bank to Have An Official Online Store Hosted On Mercado Libre TIENDA Innovative Remunerated Account
Page 5
5 Assets Evolution [AR$. Bn)01 Total Loan Breakdown [%]2)02 1) Figures do not include Government Securities in Guarantee. See Earnings Report for more details. 2) Commercial loan portfolio does not include off balance guarantees granted to customers. 533 688 620 361 709 858119 111 108 1.818 1.064 1.388 1.172 2.347 2.392 1Q24 4Q24 1Q25 5,3654,9194,003 Net Loans: 45% of total +104% YoY Cash & due from Banks Other & Intangible Public Sector(1): 26% of total Property, Plant & Equipment +34.0% +9.1% 64% 52,0% 48,3% 36,4% 48,0% 51,7% 1Q24 4Q24 1Q25 Commercial Retail 100% 100% Loan Book Up 3% QoQ and 104% YoY; – Strategic Loan Mix Shift Toward Higher-Yielding Retail Segments 100% • Retail loans +13% QoQ & 196% YoY o Personal loans +32% QoQ & 307YoY • Commercial loans -4% QoQ & 58% YoY 89.7 358.5 323.4 US$ MM LOANS
Page 6
6 Retail Momentum, Particularly Car Loans, Drives Growth while Commercial Loans Soften Sequentially Retail Loans: 52% of total01 9 7 7 9 15 38 76 154 204 228 133 146 209 287 292 100 146 206 313 405 138 175 218 286 301 mar 24 jun 24 sep 24 dec 24 mar 25 33 24 24 18 1 Retail Portfolio 52% of total In AR$ Bn. QoQ YoY 29% 307% 5% 117% 1% 119% 12% 498% 63% 61% OtherCar loansPersonal loansCredit cards Mortgage UVA Loans Commercial Loans: 48% of total02 379 558 491 636 601 110 186 207 338 334 189 231 242 84 117 36 49 63 75 79 19 20 28 30 30 mar 24 jun 24 sep 24 dec 24 mar 25 In AR$ Bn. QoQ YoY -14% 204% -5% 59% 40% -38% 6% 122% -2% 52% Other Leasing Promissory notes Foreign trade loans Overdraft 52 29 10 7 3 Retail Portfolio 48% of total
Page 7
7 NPL Ratio at 2.0% Reflects Credit Origination Normalization and Loan Mix Shift; Remains Below Historical Levels and in-Line with Industry Benchmark NPL & Coverage Ratio [%] 1,1% 1,3% 2,0% 263,7% 169,2% 152,7% 1Q24 4Q24 1Q25 NPL Coverage ratio Note: NPL ratio includes off balance sheet guarantees granted to customers. 2024 DecMar Retail Corporate & SMES Mar 2025 2.8% 1.3% 2.0%TOTAL 2.9% 0.2% 1.1% 1.8% 0.9% 1.3% Loan Loss Provisions [%] 13.084 14.195 30.941 4,1% 2,5% 5,0% 3,8% 2,2% 4,8% 1Q24 4Q24 1Q25 Loan Loss Provisions, Net [in AR$ million] (1) Cost of risk [%] Cost of risk, net [%] 12.4 17.6 31.8 +81% +156% Loan Loss Provisions [AR$ Bn.] 1) LLP, net: Includes loan loss provisions net of recovered charged-off loans and reversed allowances • Delinquency levels remain within expected parameters embedded in product pricing, as we continue refining origination and collection strategies.
Page 8
8 COMMERCIAL PORTFOLIO RETAIL PORTFOLIO Focused Growth in Payroll Lending and in Strong Potential Commercial Segments Collateralized commercial loan portfolio Collateralized non performing commercial loan portfolio Well diversified & atomized industry exposure [top 10 debtors] 27% 75% 8% 53% Loans to payroll and pension clients/ total loans to individuals Personal loans granted to payroll customers Collateralized retail loan portfolio to open market customers (mainly car loans) 88% 57% 57% Credit cards volumes - Payroll Customers
Page 9
9 Net Financial Income [AR$ Mill.] 109.300 107.242 125.737 356.637 92.993 49.686 1Q24 4Q24 1Q25 Client Net Financial Income Market related NFI 465,937 200,235 175,423 -12.4% NFI 19.2NIM [%] 61.9 24.8 6.0x Leverage (Assets to Equity) 4.6 5.5x 123,00 39,5 64,70 18,4 58,3 27.2 21,2 1Q24 2Q24 3Q24 4Q24 1Q25 AR$ interest earned / AR$ Interest earning Assets AR$ interest paid / AR$ Liabilities Spread AR$ Interest Spread [%.] Client Net Financial Income Up 17% QoQ with NIM at 21%; Market Volatility Weighed on Investment Portfolio 46,1 20,7 21,3 160,2 33,6 17,5 1Q24 4Q24 1Q25 Loan Portfolio Investment Portfolio NIM breakdown 19.2 Cost of funds [%] 61.9 24.8 Var % -62.4% QoQ YoY -46.6 -86.1% +17.2% +15.07%
Page 10
10 2025 Perspectives: Delivering Growth and Long-Term Value Creation • Loans expected to grow between 50-60% in real terms contingent on monetary policy & regulation • Retail loans regaining share of total loans Loans 104% 50-60% • LDR to continue improving • Evolution of Peso deposits contingent on monetary policy • Additional share gains in US$ deposits Deposits 34% +40% Macro assumptions as of May 2025 (Central Bank Market Expectations Survey): Inflation of 32%, Fx eop at 1,322 and GDP of 5.1% in 2025. • NPL ratio starting to converge to levels according to higher lending activity and increased weight of retail versus corporate • Anticipate net COR to range between 4.0%-4.5% also on higher share of retail Asset Quality NPL Ratio • NIM expected to decline following further deceleration in inflation, increase in leverage and mix-shift towards dollar loans & deposits NIM 1,3% 2,0% 2.2-2.5% 24,9% 19,2% 18-20% 1Q QoQ Var YoY Var 2025e 1Q QoQ Var YoY Var 2025e 4Q 2024 1Q 2025 2025e 4Q 2024 1Q 2025 2025e 12,0% 0,1% $ US$ 6,0% -9,8% $ US$
Page 11
11 2025 Perspectives: Delivering While Strengthening the Foundation for Long-Term Value Creation • Bank net fees expected to grow on higher income and lower expenses • Asset Management fees anticipated to follow growth in AUMs • Insurance performance improving on higher customer penetration • Brokerage fees to perform leveraging on new business lines to offset Fx transactions impact 0,0% 29% +10% • Expenses to continue declining in real terms, reflecting efficiencies in headcount and other expenses driving higher operating leverage -12% -17% • ROAE expected to improve gradually QoQ, as the loan portfolio and leverage increases, together with higher and costs reductions and fee income growth • RWA increasing following loan growth and regulatory changes in 1Q25 3,5% 15,7% 12% -15% 16,1% 15,3% 12% -13% Net Fee Income 1Q QoQ Var* 1Q YoY Var* 2025e 1Q QoQ Var 1Q YoY Var 2025e 1Q 2025 2024 2025e Dec 2024 Mar 2025 Dec 2025e Operating Expenses ROE Capital (CET1) Growth in real terms Below inflation * Net Fee Income excluding Income from Insurance activities Macro assumptions as of May 2025 (Central Bank Market Expectations Survey): Inflation of 32%, Fx eop at 1,322 and GDP of 5.1% in 2025.
Page 12
Annex I: 1Q25 Supplementary Financial Information & Ratios 12
Page 13
13 1Q25 EARNINGS KEY MESSAGE +8.553 30.618 +18.495 -24,245 +17.361 -3.978 -41 -16,745 +13,856 -7,685 4Q24 Net Income Client Net Financial Income Market related Net Financial Income Personnel, Admin and D&A Expenes Inflation adjustment Net Fee Income LLP, net Other Losses, Net Income Tax 1Q25 Net Income • Execution of the Company’s focus on loan growth Banking fees up 3.4%, above-inflation repricing, while brokerage fees declined 5.2% • Operating efficiency improved, with expenses declining in real terms • Impact from sightly higher inflation on higher net monetary assets 4Q24 impacted by valuation of real estate to market value • Higher taxable income. 4Q24 recorded a gain from the use of tax-loss carryforwards. +17.2% +10.5% -0.1% -80.9% -37.9%-46.6 % • LLPs rise reflecting retail loan mix shift and prior quarter provision releases 1Q25 Net Income at AR$7.9 billion with ROAE at 3.5%. Navigated a Transitional Macro Environment; Maintain Confidence in Our Core Strengths to Drive Growth -12.3 % • Lower yields on government securities amid uncertainty prior to the agreement reached with the IMF in April
Page 14
14 Shift from Investment to Loan portfolio [% of Assets] Loans Investment portfolio Gradual shift towards private-sector loans, from Treasury Notes. LDR and Leverage still below historical levels. 50% 45% 40% 24% 22% 26% Dec 23 Mar 24 Jun 24 Sep 24 Dec 24 Mar 25 -24p.p. 32.2% 59.5% Loans to Deposits 23% 29% 36% 39% 48% 45% Dec 23 Mar 24 Jun 24 Sep 24 Dec 24 Mar 25 +22p.p. 69.7%58.3%43.6% 66.5% 6.0x Leverage (Assets to Equity) 4.6 5.5x5.45.16.0
Page 15
15 Atomized and Diversified Loan Portfolio within Company Portfolio Limits Loans breakdown by industry [%] Business Sector 1Q25 Share 4Q24 Share 1Q24 Share Families and individuals 47.9% 42.3% 30.6% Agribusiness 7.7% 9.4% 9.8% Food & Beverages 5.7% 6.1% 7.1% Utilities 3.6% 4.3% 7.4% Transport 3.0% 2.6% 1.8% IT & Communications 2.8% 2.6% 2.9% Machinery & Equipment 2.4% 2.0% 2.3% Wine 2.3% 2.9% 3.8% Oil, Gas & Mining 2.3% 4.4% 2.7% Construction & Public Works 2.2% 2.1% 3.6% Chemicals and plastics 2.0% 2.2% 2.1% Textile 1.9% 1.9% 2.4% Financial Services 1.8% 2.8% 3.1% Automobile 1.6% 1.5% 2.8% Steel 1.4% 1.2% 1.4% Home appliance 1.3% 1.2% 2.9% Pharmaceutical 1.3% 1.3% 2.1% Others 9.1% 9.2% 11.2% Other includes more than 20 sectors with less than 1% share each Loan balance includes off balance sheet guarantees granted to customers Diversified industry ▪ Well Diversified Industry exposure ▪ Atomized loan portfolio (top 10 debtors represent 8%)
Page 16
16 Deposits Evolution [AR$ Bn.] 3,445 3,710 +34.0% 15% 27% 24% 85% 73% 76% 1Q24 4Q24 1Q25 FX Deposits AR Deposits Deposits Breakdown Loans to Deposits Ratio 43,6% 69,7% 66,5% 1Q24 4Q24 1Q25 2.359 2.521 2.823 1Q24 4Q24 1Q25 +12.0% 306 824 825 1Q24 4Q24 1Q25 +0.1% AR$ Deposits (Bn.) US$ Deposits (MM) • 100 bps YoY Market share gains in US$ Deposits Robust deposit growth of 8% outpaces industry, supported by strong private sector inflows +19.7% +170% 2,768 +7.7%
Page 17
17 Total Funding +11% YoY , driven by deposits and growing contribution from corporate notes reaching 5% of total funding AR$ Deposits Breakdown [%] 305 825 +170.1% 6% 6% 5% 9% 17% 13% 10% 13% 11% 11% 12% 11% 64% 53% 61% 1Q24 4Q24 1Q25 Time Deposits Individuals and Companies Wholesale Funding Checking Accounts Savings Accounts Public & Financial sectors +12.0% 2,8232,521 US$ deposits 2,359 824 +0.1% AR$ Deposits Breakdown [%] 1% 1%1% 5% 23,9% 20% 18% 76% 78% 76% 1Q24 4Q24 1Q25 Attributable Shareholders’ Equity Other Medium Term Notes Total Deposits +10.5% 4,9034,4373,657 Funding [AR$ Bn.] +34.1% +19.7%
Page 18
18 18 Expenses contracted 17% YoY and 12% QoQ, resulting in efficiency ratio at 60% in 1Q25 vs 64% in 4Q24 Expenses 2 -12.3%QoQ YoY -16.5% 1Q25 Net Revenues 1 -6.1%QoQ -52.7%YoY * 1Q25 Net Revenues, Expenses & Efficiency Ratio [AR$ Mill.] 148.070 140.962 123.601 438.526 221.018 207.477 1Q24 4Q24 1Q25Expenses Net Revenues 33.8 63.8 EFFICIENCY [%] 3,660 3,456 3,442 -6.0% YoY Employees 1. Net Revenues: Net Financial Income + Net Service Fee Income + Other net operating income (losses) 2. Expenses: Personnel + Administrative Expenses + D&A 59.6 -0.4% QoQ Employees
Page 19
19 19 Fee income gaining traction with Net Service Fee Income +29% YoY; Insurance +47% YoY Fee Income breakdown ex insurance [%] 32,7% 32,4% 35,2% 21,4% 20,9% 19,7% 20,0% 21,8% 20,5% 13,9% 11,2% 11,3% 10,0% 13,1% 13,3% 2,0% 0,7% 0,0% 1Q24 4Q24 1Q25 IOL Asset Management Credit Cards Non financial services Deposit accounts Other bank fees Net Service Fee Income ex insurance [AR$ Mill.] Income From Insurance Activities [AR$ Mill.] 35.107 45.472 45.457 1Q24 4Q24 1Q25 +29.5% +0.0% 5.764 8.515 8.459 1Q24 4Q24 1Q25 +46.8% -0.6%
Page 20
20 Profit Before Income Tax [AR$ Mill.] 1Q25 Net Income at AR$7.9 billion with ROAE at 3.5%. Navigated a Transitional Macro Environment; Maintain Confidence in Our Core Strengths to Drive Growth ROAE [%] ROAA [%] Attributable Net Income [AR$ Mill.] 112.892 40.623 12.560 24.574 10.185 1Q24 2Q24 3Q24 4Q24 1Q25 -165.131 -77.525 -53.344 -37.894 -41.872 72.460 22.454 10.395 30.599 7.938 1Q24 2Q24 3Q24 4Q24 1Q25 Result from net monetary position Attributable Net Income 33,9 10,4 4,8 13,9 3,5 1Q24 2Q24 3Q24 4Q24 1Q25 7,4 2,3 1,0 2,6 3,5 1Q24 2Q24 3Q24 4Q24 1Q25
Page 21
21 21 2025 Performance - Capitalization with CET 1 Ratio at 15.3% supports loan expansion. TIER1 KEY MESSAGE • RWA growth above inflation • New capital requirements on Operational Risk: 1.4%. Non.- recurring • Higher deductions on deferred tax 25,2% +2,8% -9,5% +-1,6% -1,6% 15.3% Mar 24 Bank, Net Result RWA Deductions Dividends & Buybacks Mar 25 • Profit capitalization • AR$30 billion dividend paid & AR$11 billion buyback share 24.8% As Reported in 4Q23
Page 22
22 22 2025 Performance - Capitalization with CET 1 Ratio at 15.3% supports loan expansion. TIER1 KEY MESSAGE • New capital requirements on Operational Risk: 1.4%. Non.- recurring • Higher deductions on ECL and deferred tax 16,1% +0.6 -1.5 +0.1 15.3% Dec 24 Bank, Net Result RWA Deductions Mar 25 • Profit capitalization
Page 23
23 Balance sheet Income statement Income Statement & Balance Sheet 1) Excluding income from insurance activities In millions of Ps. stated in terms of the measuring unit current at the end of the reporting period 1Q25 4Q24 3Q24 2Q24 1Q24 QoQ YoY Net Interest Income 148.370 155.865 161.489 219.728 332.799 -4,8% -55,4% NIFFI & Exchange Rate Differences 27.053 44.370 27.258 47.548 133.138 -39,0% -79,7% Net Financial Income 175.423 200.235 188.747 267.276 465.937 -12,4% -62,4% Inflation Adjustment -41.872 -37.894 -53.344 -77.525 -165.131 10,5% -74,6% Net Service Fee Income1) 45.457 45.472 48.059 37.606 35.107 0,0% 29,5% Income from Insurance activities 8.459 8.515 6.806 6.052 5.764 -0,6% 46,8% Loan Loss Provisions -31.820 -17.589 -12.069 -15.366 -12.433 80,9% 155,9% Personnel & Administrative Expenses -109.330 -126.213 -124.684 -122.715 -134.114 -13,4% -18,5% Profit before income tax 10.185 24.574 12.560 40.623 112.892 -58,6% -91,0% Attributable Net income 7.938 30.599 10.395 22.454 72.460 -74,1% -89,0% Comprehensive income 6.183 28.892 11.994 19.809 63.132 -78,6% -90,2% 1Q25 4Q24 3Q24 2Q24 1Q24 QoQ YoY Total Assets 5.365.339 4.918.983 4.676.180 4.383.126 4.002.903 9,1% 34,0% Average Assets 5.009.776 4.731.483 4.325.487 3.885.391 3.942.270 5,9% 27,1% Total Loans & Leasing, net of allowances 2.391.700 2.347.437 1.839.086 1.601.681 1.172.237 1,9% 104,0% Total Loans & Leasing 2.466.562 2.400.666 1.882.929 1.641.524 1.207.832 2,7% 104,2% Loans and financing & off balance guarantees 2.602.423 2.591.545 2.050.208 1.781.735 1.385.213 0,4% 87,9% Total Deposits 3.709.664 3.445.399 3.227.127 2.757.020 2.767.509 7,7% 34,0% Attributable Shareholders’ Equity 899.279 893.097 864.204 853.073 873.527 0,7% 2,9% Average Attributable Shareholders’ Equity 900.645 883.614 863.139 860.234 856.226 1,9% 5,2%
Page 24
24 Liquidity & capital Profitability & efficiency Key Indicators 1Q25 4Q24 3Q24 2Q24 1Q24 ROAE 3,5% 13,9% 4,8% 10,4% 33,9% ROAA 0,6% 2,6% 1,0% 2,3% 7,4% Net Interest Margin (NIM) 19,2% 24,9% 24,7% 36,3% 61,8% Net Fee Income Ratio 23,5% 21,2% 22,5% 14,0% 8,1% Cost / Assets 9,9% 11,9% 12,9% 14,1% 15,0% Efficiency Ratio 59,6% 63,8% 64,1% 50,6% 33,8% 1Q25 4Q24 3Q24 2Q24 1Q24 Total Loans to Total Deposits 66,5% 69,7% 58,3% 59,5% 43,6% AR$ Loans to AR$ Deposits 75,1% 79,3% 72,1% 62,6% 46,1% US$ Loans to US$ Deposits 39,2% 43,5% 23,5% 43,6% 29,3% Liquidity Coverage Ratio (LCR) 115,3% 107,1% 139,3% 104,0% 109,9% Total Equity / Total Assets 16,8% 18,2% 18,4% 19,4% 21,8% Capital / Risk weighted assets 15,3% 16,1% 19,2% 21,3% 25,2% CET1 Capital / Risk weighted assets 15,3% 16,1% 19,2% 21,3% 25,2% Risk Weighted Assets / Total Assets 81,2% 80,8% 73,5% 71,0% 61,0% Asset quality 1Q25 4Q24 3Q24 2Q24 1Q24 NPL Ratio 2,0% 1,3% 0,8% 0,8% 1,1% Allowances as a % of Total Loans 3,0% 2,1% 2,4% 2,4% 2,8% Coverage Ratio 152,7% 169,2% 281,7% 302,9% 263,7% Cost of Risk 5,0% 2,5% 2,7% 3,8% 4,1% Cost of Risk, net 4,8% 2,2% 2,4% 3,6% 3,8%
Page 25
25 Operating data Macro data Key Indicators 1Q25 4Q24 3Q24 2Q24 1Q24 Retail Price Index (%) – QoQ 8,5% 8,0% 12,1% 18,6% 51,6% Retail Price Index (%) – YoY 55,9% 117,8% 209,0% 271,5% 287,9% UVA (var) 7,2% 10,2% 13,2% 32,6% 69,6% Pesos/US$ Exchange Rate 1.073,88 1.032,50 970,92 911,75 857,42 Badlar Interest Rate (eop) 30,2% 31,9% 39,8% 36,1% 70,9% Badlar Interest Rate (avg) 29,9% 36,7% 38,4% 44,1% 101,6% Monetary Policy Rate (eop) 29,0% 32,0% 40,0% 40,0% 80,0% Monetary Policy Rate (avg) 30,1% 36,1% 40,0% 51,9% 96,0% 1Q25 4Q24 3Q24 2Q24 1Q24 Bank- Active Customers (in million) 1,38 1,44 1,39 1,40 1,44 IOL-Active Customers (in million) 0,60 0,57 0,58 0,51 0,49 Bank Branches 130 130 131 136 136 Bank Employees 3.012 3.024 3.099 3.154 3.197 Other Subsidiaries Employees 430 432 443 448 463
Page 26
Thank You! IR-GrupoSupervielle@gruposupervielle.com.ar Ciudad de Buenos Aires, Argentina