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Earnings Presentation 2Q26 August 2026 GRUPO SUPERVIELLE IR - GrupoSupervielle @ gruposupervielle , com , ar Ciudad de Buenos Aires , Argentina 10 YEARS SUPV LISTED NYSE BYMA Bolsas y Mercados Argentinos
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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 Ciudad de Buenos Aires, Argentina 2
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3 2Q26: Return to Profitability with 14.4% Structural ROAE and Improving Operating Trends • Loans +8.9% YoY, but - 1.4% QoQ, reflecting selective origination and subd ued peso credit demand - USD loans +6.3% QoQ in original currency • Deposits +4.7% QoQ, following ALM strategy Loan & Deposits Asset Quality • NPL ratio edged down to 5.5% in 2Q26, below the 7.6% industry ratio. • Quarterly NPL formation declined for a second consecutive quarter to ~20%, below its 4Q25 peak • Net cost of risk declined to 5.6%, from 6.0% in 1Q26 Efficiency Program Profitability and Capital • Net income of AR$12.8 bn; or AR$36.2 bn excluding extraordinary severance charges • Adjusted ROAE reached 12.4 % while structural ROAE was 14.4% • NIM reached 20.3%, reflecting lower funding cost and lagged asset repricing • Solid capital position with CET1 of 14.2% Business Performance • Continue advancing on ecosystem cross - sell initiatives • Partnership with Aerolineas Argentinas strengthens Identité customer benefits • Rightsizing largely implemented; headcount aligned with current service model • 547 participants, or 17% of total group workforce • Positions the Bank with a structurally leaner cost base • AUC +11% QoQ to US$ 3 billion
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4 Macro Conditions Improve as Disinflation and FX Accumulation Progress 2Q26: Greater Stability Across Key Macro Variables • Transitioning from Negative Net Reserves to Reserve Accumulation Through Systematic FX Purchases Since January 3 rd • Stable interest rate lowered funding costs and supported margin recovery • Monthly inflation declined for 3 consecutive months • Peso credit demand remained subdued Policy Momentum Supporting 2026 Outlook • Structural reforms improve m acro predictability • FX reserve accumulation supports FX stability • 21 RIGI approved for a total investment of USD 47 billion • Improved visibility on Sovereign 2026 - 2027 U.S. dollar debt maturities Challenge: Economic recovery remains uneven across sectors Policy Execution Priorities: - Sustain fiscal anchor alongside growth - Normalize monetary policy and reduce volatility - Gradual FX liberalization while preserving stability Stabilizing conditions and stronger policy visibility support margin recovery and gradual improvement in asset quality and credit demand
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5 2H2026 Selectively Resuming Profitable loan Growth Banco Supervielle : Advancing ROAE Recovery with a Focus on Profitable Loan Origination in 2H26 • Selective origination amid subdued peso loan demand, prioritizing risk - adjusted growth • Growth in transactional deposit s across corporate and retail customers • NIM reached 20.3%, benefiting from favorable repricing dynamics in the quarter Balance Sheet Discipline & Funding and NIM Optimization • Delinquency and Cost of Risk, improved slightly QoQ, but remained elevated • Improvement supported by proactive collections, refinancing and customer outreach initiatives implemented since December 2025 Asset Quality Improvement • Continued customer migration to digital and virtual channels • Full quarterly run - rate benefits expected from 3Q26 • Annual savings of AR$ 42 billion in annualized personnel expenses, supported by a more efficient technology driven business Structural Efficiency • Leverage enhanced scoring to expand profitable lending • Accelerate growth in strategic products and sectors • Agreement with Flash to launch auto financing on Mercado Libre in 4Q26
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6 2 Q26 EARNINGS Net Income Turns Positive; Adjusted ROAE Reaches 12.4% Excluding Extraordinary Severance Charges + 36.221 12.844 - 18.215 +25,375 + 7.160 +22,659 +12,402 - 1,299 - 3,848 +6,007 +4,091 - 10,951 - 23,378 1Q26 Net Income 1Q26 Efficiency program expenses 2 1Q26 Adjusted Net Income Net Financial Income Inflation adjustment Net Fee Income Personnel, Admin and D&A Expenes 1 LLP, net Other Losses, Net Income Tax 2Q26 Adjusted Net Income 2Q26 Efficiency program expenses 2 2Q26 Net Income • Funding costs declined faster than asset yields • Lagged fee repricing and lower credit card volume • Seleccion Arg campaign (World Cup) & variable compensation • Lower turnover tax, partly offset by higher other operating losses • Higher taxable income • LLPs declined for a second consecutiv e quarter • Lower quarterly inflation - 2.0 % + 2.3% - 8.8% - 9.8 % +8.3% QoQ - 27.9 % 1. Adjusted Net Income excludes AR$ 36 billion in pre tax expenses related to the headcount rightsizing program in 2Q26 2. Net of income tax 4.4% ROAE 14.4% Structural ROAE KEY MESSAGE
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7 12.844 23,378 36.221 5.681 41.902 52.576 Return to Profitability and Lower Cost Base Support Earnings Recovery Extraordinary Severance Charge, Net of Income Tax 1 2 Q26 Reported Net Income 2 Q26 Underlying Net Income (ex - severance) 3 - month Salary Savings, Net of Income Tax 2 2 Q26 Structural Net income • Total YTD reduction of 553 employees, or 17% of Group workforce • Structurally lower cost base supports efficiency and ROE recovery, with structural 2Q26 ROAE of 14.4% • COST BASE TRANSFORMATION • 262 employees restructured in 2Q 2Q26 Net Income Walk (AR$ million) 35,966 before income tax 8,740 before income tax 1H 26 Structural Net income 2Q26 Reported - to - Structural Net Income Bridge (AR$ million)
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8 Loan portfolio Breakdown [%] Commercial Lending Edges Higher, Supported by U.S. Dollar Loans, While Retail Lending Remains Subdued Loan portfolio evolution [In AR$ Bn] 300 800 1.300 1.800 2.300 2.800 mar 24 jun 25 sep 25 dec 25 mar 26 jun 26 QoQ - 2.2% + 1 . 6 % YoY - 16.6% + 33.7 % Mar 24 - to date +152% +160% 64% 36% Commercial loans Retail loans Commercial loans Retail loans
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9 NPL Formation NPL Ratio Improved to 5.5% as the Industry Ratio Rises to 7.6%; Further Asset Quality Improvement Remains a Priority NPL, Coverage and CoR [%] 2,9% 7,0% 7,6% 2,7% 5,6% 5,5% 2,2% 4,6% 4,6% 129,7% 103,9% 98,9% 2Q25 1Q26 2Q26 Financial System NPL NPL 90 Day Delinquency ratio Coverage ratio 5,8% 6,6% 10,6% 6,4% 6,1% 5,5% 6,4% 10,4% 6,0% 5,6% 2Q25 3Q25 4Q25 1Q26 2Q26 Cost of risk [%] Cost of risk, net [%] 9,3 12,9 34,4 27,6 28,0 35,8 52,6 63,6 52,6 50,0 2Q25 3Q25 4Q25 1Q26 2Q26 Corporates Individuals
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10 AR$ Deposits Breakdown [%] Deposits Breakdown [%] Deposits Breakdown Loans to Deposits Ratio 4.032 3.862 4.131 2Q25 1Q26 2Q26 +7.0% 953 1.246 1.241 2Q25 1Q26 2Q26 - 0.5% AR$ Deposits (Bn,) US$ Deposits (MM) +2.5% +30% 27% 32% 31% % of total deposits Institutional 1 - Day Deposits Retail Companies Institutional Time Deposits Public Sector 7% 8% 28% 33% 24% 15% 5% 7% 4% 30% 33% 25% 25% 28% 28% 2Q25 1Q26 2Q26 Franchise Deposits ALM Initiatives to Lower Funding Costs Shifted the Mix from Corporate to Institutional Time Deposits 57% 43% Institutional Deposits 71,7% 77,1% 72,6% 82,7% 90,0% 81,1% 2Q25 1Q26 2Q26 Loan to Deposits AR$ Loans to AR$ Deposits
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11 NIM breakdown Net Financial Income [AR$ Bn .] Lower Market Rates Reduce Funding Cost Lifting 2Q26 NIM to 20.3%, Above Revised FY26 Guidance 277 272 295 525 566 2Q25 1Q26 2Q26 1H25 1H26 2Q25 1Q26 2Q26 1H25 1H26 +8 .3% +6.4% 7.5X 7.4X 6.5X Leverage (Assets to Equity) 14.9% 11.7% 16.0% Cost of funds [%] AR$ & US$ 22,7 17,4 20,8 20,0 16,3 17,8 2Q25 1Q26 2Q26 Loan Portfolio Investment Portfolio 17.7% 20.3 % 20.8 % NIM [%] AR$ Interest Spread [%] 22,9 14,4 25,5 23,3 24,1 41,8 41,8 39,1 18,9 18,5 14,9 2Q25 3Q25 4Q25 1Q26 2Q26 Spread AR$ interest earned / AR$ Interest earning Assets AR$ interest paid / AR$ Liabilities 7.5X 6.9 X 6.0X Average Leverage (Assets to Equity) + 7.8 %
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12 Updating 2026 Expectations to Reflect 1H26 Performance and Normalizing Operating Conditions • Tight monetary policy and uneven recovery across sectors • Temporary mix - shift towards corporate loans, with retail lending growth expected to resume as economic activity, employment, salaries and disposable income improve • Prior guidance: 20 - 25% Loans 9% • M onetary policy expected to remain restrictive • Uncha nged vs. prior guidance Deposits 8% 10 - 15% Macro assumptions as of July 2026 (Central Bank Market Expectations Survey): Inflation of 29.8%, Interest Rate eop of 22.2 %, Fx eop at 1,652 and GDP of +2.7% in 2026. • Net COR anticipated between 5.3% - 5.8 % • NPL and COR unchanged vs. prior guidance Asset Quality NPL Ratio • 1H26 NIM benefited from lower cost of funds • Lagged asset repricing could weigh on 2H26 NIM • Prior Guidance: 15 - 18% NIM 5,6% 5,5% 5% - 5.5% 20,3% 19,7% 17 - 19% 2 Q QoQ Var YoY 2026e 2 Q QoQ Var YoY 2026e 1 Q 2026 2 Q 2026 2026e 2 Q 2026 6M 2026 2026e 4,7% -1,4% 10 - 15%
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13 - 2% - 11% Between - 5% and - … • Banking ecosystem ad justed ex penses expected to decline in real terms, reflecting higher headcount rightsizing and cost discipline • Partially offset by investments to accelerate IOL growth • Prior guidance: Between - 4% and - 2% 0% 15% 2% - 5% • ROE reflects headcount rightsizing at the bank ecosystem • Sequential improvement expected through year - end • Prior guidance: 2 - 6% • CET1 guidance raised, following lower than - originally - expected loan growth • Prior guidance: 11 - 13% - 0,9% Net Fee Income 2 Q26 QoQ Var 1H26 YoY Var 2026e 1Q26 QoQ Var 6M26 YoY Var 2026e 6M26 2026e Mar 2026 Jun 2026 Dec 2026e Adjusted Operating Expenses (1) ROE Capital (CET1) Between - 6% and - 4% 2 Q26 • S ofter activity weighing on Banking fees; softer Asset management fees, mainly from money market funds, while brokerage fees compare against a high 2025 base • Prior guidance: in line with inflation 4,4% 2 – 4% Adj 1 Adj 1 • Adjusted ROE does not yet reflect the full benefit of AR$42 billion in annualized salary savings • Full run - rate savings to support underlying cost structure in 2027 • Prior guidance: 6 - 10% Adjusted ROE (1) 15,4% 14,2% 12 - 14% + 7,4% 2026e Updating 2026 Expectations to Reflect 1H26 Performance and Normalizing Operating Conditions 8 - 10% 1. Adjusted figures exclude Headcount rightsizing cost 6M26 + 12,4% 2Q26
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Thank You! IR-GrupoSupervielle@gruposupervielle,com,ar Ciudad de Buenos Aires, Argentina