Grupo Supervielle S A : announces the merger of the Credit Department and the Risk Management Department under the leadership of its CRO, Javier Conigliaro

Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), a universal financial services group in Argentina with a nationwide presence, announces that as of July 1, 2021, Mr Javier Conigliaro (Chief Risk Officer - CRO) is also responsible for the credit approval process of companies and individuals, as well as the areas dedicated to the recovery task. Mr. Pablo Di Salvo stepped down from the role of Chief Credit Officer and left the Company.

The CRO will be responsible for overseeing the Group´s governance and framework for global risk management across the different companies. In addition, the CRO will provide independent guidance for managing the overall risks including credit risk, market risk, interest rate risk, liquidity risk and operational risks (including reputational and cybersecurity risks) ensuring ongoing business are in line with the Group´s risk appetite and regulatory requirements. The CRO will also be responsible for establishing the global credit risk policies and the soundness of the credit approval process across all business units.

Mr. Javier Conigliaro has been Chief Risk Officer of Grupo Supervielle since July 2016, reporting to the Company's Board of Directors. He served as Chief Risk Officer of Banco Supervielle from 2012 through 2016. He held several previous positions at Banco Supervielle, Head of Corporate Risk in Société Générale Argentina, Credit Risk Senior analyst in SocGen New York and in Beal WestLB Argentina. With overall 32 years of experience in the risk industry within financial institutions, Mr. Conigliaro is an economist with graduate studies from the University of Buenos Aires, he attended the Executive Education Program in Risk Management at Kellogg School of Management & PRMIA and the Management Development Program at Universidad Austral - IAE Business School.