Grupo Supervielle S A : Summary of the Ordinary and Extraordinary Shareholders’ Meeting

GRUPO SUPERVIELLE S.A.

SUMMARY OF THE ORDINARY AND EXTRAORDINARY SHAREHOLDERS'

MEETING HELD ON APRIL 27, 2021

On April 27, 2021, at 12.05 pm, Mr. Emérico Alejandro Stengel as Second Vice-Chairman of the Company called to order the Ordinary and Extraordinary Shareholders' Meeting of Grupo Supervielle S.A. (the "AGM"), which was held, on first summons, via videoconference by virtue of the measures set forth by Decree PEN 297/2020 and RG 830/2020 of the National Securities Commission (Comisión Nacional de Valores) during the Covid-19 pandemic.

The AGM was attended on a virtual mode by 12 shareholders: 2 in person and 10 represented by duly authorized agents, holding 61,738,188 Class A book entry shares entitled to 5 votes per share and 297,516,230 Class B book entry shares entitled to 1 vote per share, all shares with a face value of AR$ 1 each. In total, shares represent a capital of AR$ 359,254,418 (78.6593% of the share capital) and 606,207,170 votes (86.1487% of the total votes), hence the quorum requirement of articles 243 and 244 of Law No. 19,550 was met.

Directors Messrs. Atilio Dell'Oro Maini, Laurence Nicole Mengin de Loyer, José María Orlando and Eduardo Braun attended the meeting. The AGM was also attended by the members of the Supervisory Committee Messrs. Enrique José Barreiro and Carlos Ojeda, the Certifying Accountant Mr. Santiago Mignone and other members of management and personnel, all duly authorized. Ms. Lucía Belén Soutullo attended the AGM as a representative of the National Securities Commission and Mr. Pablo Salina attended the AGM as a representative of the Buenos Aires Stock Exchange.

It was stated that the publications of the summons to the AGM were made on March 22, 23, 25, 26 and 29, 2021 in the Official Gazette of Argentina and on March 22, 23, 24, 25 and 26, 2021 in the newspaper Clarín.

Mr. Enrique José Barreiro, on behalf of the Supervisory Committee, verified that the AGM was held in virtual mode in compliance with the provisions of Decree of Necessity and Urgency No. 297/2020 and other regulations issued by the National Executive Power and General Resolution No. 830/2020 of the National Securities Commission, as it was carried out through the "Teams" platform that allowed: (i) the free access for all participants to the AGM as if it were held in person, as it was verified during the accreditation process; (ii) the possibility of participating with voice and vote through the simultaneous transmission of sound, images and words during the course of the AGM, ensuring equal treatment for all participants; and (iii) the recording of the AGM with its relevant backup in digital format.

Prior to considering the items of the Agenda, the holding of the remote AGM was approved by the majority of computable votes in extraordinary meeting, in compliance with the requirement of Resolution No. 830/2020 of the National Securities Commission.

The following is the outcome of such voting process:

Positive votes: 333,207,170

Abstentions: 273,000,000

Negative votes: 0

Then, the items of the Agenda were addressed and voted as follows:

1. Appointment of two shareholders to sign off the minutes of the Shareholders' Meeting

By a majority of computable votes in ordinary meeting, the shareholder Juan Pablo Molinari and the representative of the shareholder FGS-ANSES were appointed to execute the minutes of the AGM.

The following is the outcome of such voting process:

Positive votes: 605,540,495

Abstentions: 438,275

Negative votes: 228,400

2. Consideration of the documentation required by section 234, subsection 1 of the Law No. 19,550, for the fiscal year ended December 31, 2020

By a majority of computable votes in ordinary meeting, the Financial Statement, Income Statement, Other Comprehensive Income, Statement of Changes in Shareholders' Equity, Statement of Cash Flows and Cash Equivalents, notes, schedules, complementary information, Auditor's Report and Supervisory Committee's Report for the fiscal year ended on December 31, 2020 were approved. Such financial statements as of December 31, 2020 are presented restated in a homogeneous currency using the National Consumer Price Index prepared by INDEC for indexation purposes (base month: December 2016). For those items with a previous date of origin, it is used the Wholesale Domestic Price Index published by the Argentine Federation of Professional Councils of Economic Sciences, as set forth by Resolution JG 517/16.

The following is the outcome of such voting process:

Positive votes: 605,356,250

Abstentions: 726,300

Negative votes: 124,620

3. Consideration of the performance of the Board of Directors during the fiscal year ended December 31, 2020

By a majority of computable votes in ordinary meeting, it was passed the performance of the Board of Directors during the fiscal year ended on December 31, 2020.

The following is the outcome of such voting process:

Positive votes: 278,352,088

Abstentions: 327,479,662

Negative votes: 375,420

4. Consideration of the performance of the Supervisory Committee during the fiscal year ended December 31, 2020

By a majority of computable votes in ordinary meeting, it was passed the performance of the Supervisory Committee during the fiscal year ended on December 31, 2020.

The following is the outcome of such voting process:

Positive votes: 605,133,660

Abstentions: 696,575

Negative votes: 376,935

5. Consideration of the remuneration to the Board of Directors for the fiscal year ended December 31, 2020

By a majority of computable votes in ordinary meeting, it was passed that the fees to the Board of Directors, as remuneration for the duties performed during the fiscal year ended on December 31, 2020, be set at AR$ 196,311,480.

The following is the outcome of such voting process:

Positive votes: 274,294,762

Abstentions: 328,145,087

Negative votes: 3,767,321

6. Consideration of the remuneration to the Supervisory Committee for the fiscal year ended December 31, 2020

By a majority of computable votes in ordinary meeting, it was passed that the fees to the Supervisory Committee, as remuneration for the duties performed during the fiscal year ended on December 31, 2020, be set at AR$ 548,496.

The following is the outcome of such voting process:

Positive votes: 601,059,864

Abstentions: 1,426,735

Negative votes: 3,720,571

7. Determination of the number of Regular and Alternate Directors and, where appropriate, election thereof until the number fixed by the Shareholders' Meeting is completed

By a majority of computable votes in ordinary meeting, the following items were passed: (i) to maintain in 8 the number of members to comprise the Board of Directors without naming alternate directors; (ii) to appoint Messrs. Julio Patricio Supervielle, Atilio María Dell'Oro Maini, Eduardo Pablo Braun and Hugo Enrique Santiago Basso as regular directors for the term of two fiscal years, i.e. until the occurrence of the annual shareholders' meeting of the Company that considers the documents set forth by section 234, subsection 1 of Law No. 19,550, related to the fiscal year to end December 31, 2022; (iii) to appoint Messrs. Jorge Oscar Ramírez, Laurence Nicole Mengin de Loyer and José María Orlando as regular directors for the term of one fiscal year, i.e. until the occurrence of the annual shareholders' meeting of the Company that considers the documents set forth by section 234, subsection 1 of Law No. 19,550, related to the fiscal year to end December 31, 2021; and (iv) to state that, pursuant to the criteria set by the National Securities Commission's standards, Messrs. Eduardo Pablo Braun and José María Orlando will have the status of "independent directors" and Messrs. Julio Patricio Supervielle, Atilio María Dell'Oro Maini, Jorge Oscar Ramírez, Hugo Enrique Santiago Basso and Laurence Nicole Mengin de Loyer will have the status of "non independent directors"; whereas Messrs. Eduardo Pablo Braun, Laurence Nicole Mengin de Loyer and José María Orlando will have the status of "independent directors" pursuant to the regulations of the SEC.

The following is the outcome of such voting process:

Positive votes: 601,857,985

Abstentions: 1,246,545

Negative votes: 3,102,640

8. Appointment of members of the Supervisory Committee

By a majority of computable votes in ordinary meeting, the following items were passed: (i) to appoint Messrs. Enrique José Barreiro, Carlos Alfredo Ojeda and Valeria Del Bono Lonardi as regular syndics and Messrs. Carlos Enrique Lose, Roberto Aníbal Boggiano and Jorge Antonio Bermúdez as alternate syndics, all of them for one fiscal year, i.e. until the annual shareholders' meeting of the Company that considers the documents set forth by section 234, subsection 1 of Law No. 19,550, related to the fiscal year ending on December 31, 2021 is held; and (ii) to state that, pursuant to the criteria set by the National Securities Commission's standards, all appointed syndics shall have the status of "independent".

The following is the outcome of such voting process:

Positive votes: 601,171,729

Abstentions: 1,467,165

Negative votes: 3,568,276

9. Allocation of the results of the fiscal year ended December 31, 2020. Ratification of the exercise of the option to absorb the accumulated negative results generated as a consequence of the inflation adjustment by application of IAS 29 in accordance with General Resolution No. 777/2018 of the Argentine Securities Commission. Consideration of: (i) the creation of Voluntary Reserves under the terms of section 70 of the General Companies Law for the future distribution of dividends and/or for future investments; and / or (ii) the distribution of cash dividends, as determined by the

Shareholders' Meeting

By a majority of computable votes in ordinary and extraordinary meeting, it was approved to ratify the use of the option made by the Company to absorb the accumulated negative results that were generated as a consequence of the inflation adjustment by application of the IAS 29, in accordance with the provisions of Title IV, Chapter III, Section 3, Subsection b) of the Regulations of the Argentine Securities Commission (Restated Text 2013) and to distribute the results of fiscal year ended on December 31, 2020 of AR$ 3,412,111,000 as follows: a) AR$ 352,343,000 to Legal Reserve; b) AR$ 341,000,000 to the creation of a Voluntary Reserve for future dividends in accordance with the provisions of section 70 of Law 19,550, to be released and distributed in the terms and with the scope established by the AGM as per the delegation of powers to the Board of Directors; and c) AR$ 2,718,768,000 to the creation of a Voluntary Reserve in accordance with the provisions of section 70 of Law 19,550 for future investments. It was noted that in accordance with the provisions of General Resolution No. 777/2018 of the Argentine Securities Commission, the distribution of profits must be treated in the currency of the date of the shareholders' meeting by using the price index corresponding to the month prior to the meeting. It was also noted that the dividends that are to be distributed correspond, in part, to the results generated as from January 1, 2018, so, in accordance with the provisions of Law No. 27,430 and if applicable, they will be subject to a 7% income tax withholding.

The following is the outcome of such voting process:

Positive votes: 601,921,189

Abstentions: 698,335

Negative votes: 3,587,646

10. Consideration of the total or partial release of the Voluntary Reserve created for the future distribution of dividends and / or delegation of powers to the Board of Directors to release totally or partially such Voluntary Reserve and to determine the opportunity,

currency, term and other terms and conditions of the payment of dividends according to the scope of the delegation granted by the Shareholders' Meeting

By a majority of computable votes in extraordinary meeting, it was approved a delegation to the Board of Directors, until the date of the next Ordinary General Shareholders Meeting that will consider the financial statements to close December 31, 2021, with the powers to: (i) release the Voluntary Reserve established for the future distribution of dividends; (ii) determine the opportunity, amount, currency, terms and other terms and conditions of the payment of dividends; and (iii) make modifications and / or to complement the payment procedure established above. The amount of the dividend will be updated as per the provisions of the General Resolution No. 777/2018 of the Argentine Securities Commission, which states that "the distribution of profits must be treated in the currency of the date of the shareholders' meeting by using the price index corresponding to the month prior to the meeting".

The following is the outcome of such voting process:

Positive votes: 599,862,214

Abstentions: 2,824,635

Negative votes: 3,520,321

11. Remuneration of the Certifying Accountant of the financial statements for the fiscal year ended December 31, 2020

By a majority of computable votes in ordinary meeting, it was passed that the fees to the Certifying Accountant of the financial statements as of December 31, 2020 be set at AR$ 5,065,144.

The following is the outcome of such voting process:

Positive votes: 601,257,189

Abstentions: 1,363,175

Negative votes: 3,586,806

12. Appointment of Regular and Alternate Certifying Accountants of the financial statements for the fiscal year to end December 31, 2021 and determination of their remuneration

By a majority of computable votes in ordinary meeting, it was passed the appointment of Messrs. Santiago José Mignone and María Mercedes Baño of the firm Price Waterhouse & Co. S.R.L. as regular and alternate Certifying Accountants, respectively, for the financial statements of the fiscal year to end on December 31, 2021 and that their fees be determined by the annual meeting of the Company that considers the financial statements as of December 31, 2021.

The following is the outcome of such voting process:

Positive votes: 604,580,420

Abstentions: 1,360,900

Negative votes: 265,850

13. Allocation of the budget to the Audit Committee in the terms of section 110 of the Capital Markets Law No. 26,831, to obtain legal advice and advice from other independent professional and hire their services