Grupo Supervielle S A : ´s Financial Statements as of March 31, 2021

Consolidated Condensed Interim Financial Statements

For the three-month period ended on

March 31, 2021, presented on comparative basis

Contents
CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION............................................	2
CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION............................................	3
CONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME .................................	4
CONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY ..........	7
CONSOLIDATED CONDENSED INTERIM STATEMENT OF CASH FLOWS ............................................................	9
1.	ACCOUNTING STANDARDS AND BASIS OF PREPARATION .....................................................................	11
2.	SEGMENT REPORTING .......................................................................................................................................	23
3.	FAIR VALUES .........................................................................................................................................................	26
4.	RELATED PARTY TRANSACTIONS..................................................................................................................	28

5. COMPOSITION OF THE MAIN ITEMS OF THE CONSOLIDATED STATEMENT OF FINANCIAL

POSITION AND CONSOLIDATED INCOME STATEMENT .........................................................................................	28
6.	DIVIDENDS..............................................................................................................................................................	32
7.	INSURANCE ............................................................................................................................................................	32
8.	ASSET MANAGEMENT AND OTHER SERVICES ...........................................................................................	32
9.	ADDITIONAL INFORMATION REQUIRED BY THE BCRA .........................................................................	33
10.	CONTRACT AS A FINANCIAL AGENT BY THE PROVINCE OF SAN LUIS .............................................	36
11.	FINANCIAL RISK FACTORS ...............................................................................................................................	36
12.	INTERNATIONAL FINANCING PROGRAMS ..................................................................................................	36
13.	IMPACT OF COVID-19 ON GROUP`S OPERATIONS .....................................................................................	37
SCHEDULE A - DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS, OTHER DEBT
SECURITIES, EQUITY INSTRUMENTS...........................................................................................................................	40
SCHEDULE B - CLASSIFICATION OF LOANS AND OTHER FINANCING CREDIT ACCORDING TO STATUS
AND COLLATERAL RECEIVED .......................................................................................................................................	43
SCHEDULE C - CONCENTRATION OF LOANS AND OTHER FINANCING ............................................................	45
SCHEDULE D - BREAKDOWN OF TOTAL LOANS AND OTHER FINANCING ....................................................	46
SCHEDULE F - PROPERTY, PLANT AND EQUIPMENT ..............................................................................................	47
SCHEDULE G - INTANGIBLE ASSETS ............................................................................................................................	48
SCHEDULE H - CONCENTRATION OF DEPOSITS ......................................................................................................	49
SCHEDULE I - BREAKDOWN OF FINANCIAL LIABILITIES FROM REMAINING TERMS ...............................	50
SCHEDULE L - ASSETS AND LIABILITIES IN FOREIGN CURRENCY....................................................................	51
SCHEDULE R - LOAN LOSS RISK PROVISIONS ..........................................................................................................	52
SEPARATE CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION.....................................................	54
SEPARATE CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME ..........................................	55
EARNING PER SHARE ........................................................................................................................................................	56
SEPARTE CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME .............................................	57
SEPARATE CONDENSED INTERIM STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY ...................	58
SEPARATE CONDENSED INTERIM STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY ...................	59
SEPARATE CONDENSED INTERIM STATEMENT OF CASH FLOW .......................................................................	60
1.	ACCOUNTING STANDARDS AND BASIS OF PREPARATION .....................................................................	61
2.	FAIR VALUES .........................................................................................................................................................	64
3.	INVESTMENT IN SUBSIDIARIES AND ASSOCIATES ...................................................................................	66

4. COMPOSITION OF THE MAIN ITEMS OF THE SEPARATE STATEMENT OF COMPREHENSIVE

INCOME..................................................................................................................................................................................	67
5.	RESTRICTED ASSETS ..........................................................................................................................................	69
6.	COMPANIES UNDER SECT. 33 OF CORPORATE LAW AND OTHER RELATED COMPANIES ..........	69
7.	LOAN AND DEBT ESTIMATED TERMS ...........................................................................................................	72
8.	CAPITAL STOCK ...................................................................................................................................................	73
9.	CASH AND DUE FROM BANKS ..........................................................................................................................	73
10.	SUBSEQUENT EVENTS ........................................................................................................................................	73
SCHEDULE A - OTHER DEBT SECURITIES ..................................................................................................................	74
SCHEDULE F - PROPERTY, PLANT AND EQUIPMENT ..............................................................................................	75
SCHEDULE G - INTANGIBLE ASSETS ............................................................................................................................	76
SCHEDULE L - ASSETS AND LIABILITIES IN FOREIGN CURRENCY ...................................................................	77
INFORMATIVE REVIEW AS OF MARCH 31, 2021 .........................................................................................................	78

Consolidated Condensed Interim Financial Statements

For the three-month period ended on

March 31, 2021, presented on comparative basis in homogeneous currency

Name: Financial year:

Legal Address: Core Business:

1

GRUPO SUPERVIELLE S.A.

Grupo Supervielle S.A.

N° 43 started on January 1, 2021

Bartolomé Mitre 434

Ciudad Autónoma de Buenos Aires

Carry out, on its own account or third parties' or related to third parties, in the country or abroad, financing activities through cash or instrument contributions to already-existing or to-be-set-up corporations, whether controlling such corporations or not, as well as the purchase and sale of securities, shares, debentures and any kind of property values, granting of fines and/or guarantees, set up or transfer of loans as guarantee, including real, or without it not including operations set forth by the Financial Entities Law and any other requiring public bidding.

Registration Number at the IGP:	212,617
Date of Registration at IGP:	October 15, 1980
Amendment of by-laws (last):	April 24, 2018 (Registration in progress)
Expiration date of the Company's By-Laws:	October 15, 2079
Corporations Article 33 Companies general Law	Note 6 to Separate Financial Statements

Composition of Capital Stock as of March 31, 2021

	Shares			Capital Stock
			Votes per	Subscribed	Integrated
Quantity	Class	N.V. $	in thousands	in thousands
share
			of $	of $
61,738,188	A: Non endorsable, common shares	1	5	61,738	61,738
of a nominal value
394,984,134	B: Non endorsable, common shares	1	1	394,984	394,984
of a nominal value
456,722,322				456,722	456,722

2

GRUPO SUPERVIELLE S.A.

CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

As of March 31, 2021 and December 31, 2020

(Expressed in thousands of pesos in homogeneous currency)

ASSETS	Notes and	03/31/2021	12/31/2020
Schedules
Cash and due from banks	1.9 and 3	33,111,947	41,425,339
Cash		9,879,358	14,449,528
Financial institutions and correspondents		22,494,318	26,803,753
Argentine Central Bank		19,786,294	22,165,526
Other local and financial institutions		2,708,024	4,638,227
Others		738,271	172,058
Debt Securities at fair value through profit or loss	1.9, 3, 5.1
and A	12,089,146	11,150,604
Derivatives	5.2 and 3	644,045	162,589
Reverse Repo transactions	5.3 and 3	35,061,342	25,250,328
Other financial assets	1.9, 5.4 and 3	5,911,463	4,839,288
Loans and other financing	3,5.5 and B	113,117,998	119,701,850
To the non-financial public sector		121,899	26,578
To the financial sector		5,603	13,624
To the Non-Financial Private Sector and Foreign residents		112,990,496	119,661,648
Other debt securities	3, 5.6 and A	59,238,993	46,609,065
Financial assets pledged as collateral	3 and 5.7	6,935,828	5,540,268
Investments in equity instruments	3 and A	138,573	131,396
Property, plant and equipment	F	7,847,730	8,023,767
Investment property	F	6,773,521	6,774,855
Intangible assets	G	7,500,830	7,661,075
Deferred income tax assets		3,201,870	3,412,063
Other non-financial assets	5.7	1,599,101	1,528,118
Inventories	5.8	95,574	80,156
TOTAL ASSETS		293,267,961	282,290,761

The accompanying notes and schedules are an integral part of the Consolidated Condensed Interim Financial Statement.