Grupo Supervielle S A : ´s Financial Statements as of June 30, 2021

Consolidated Condensed Interim Financial Statements

For the six-month period ended on

June 30, 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.	INCOME TAX..........................................................................................................................................................	26
4.	FAIR VALUES .........................................................................................................................................................	28
5.	RELATED PARTY TRANSACTIONS..................................................................................................................	30

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

POSITION AND CONSOLIDATED INCOME STATEMENT .........................................................................................	30
7.	DIVIDENDS..............................................................................................................................................................	34
8.	INSURANCE ............................................................................................................................................................	34
9.	ASSET MANAGEMENT AND OTHER SERVICES ...........................................................................................	34
10.	ADDITIONAL INFORMATION REQUIRED BY THE BCRA .........................................................................	35
11.	FINANCIAL RISK FACTORS ...............................................................................................................................	38
12.	INTERNATIONAL FINANCING PROGRAMS ..................................................................................................	38
13.	IMPACT OF COVID-19 ON GROUP`S OPERATIONS .....................................................................................	39
SCHEDULE A - DEBT SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS, OTHER DEBT
SECURITIES, EQUITY INSTRUMENTS...........................................................................................................................	42
SCHEDULE B - CLASSIFICATION OF LOANS AND OTHER FINANCING CREDIT ACCORDING TO STATUS
AND COLLATERAL RECEIVED .......................................................................................................................................	45
SCHEDULE C - CONCENTRATION OF LOANS AND OTHER FINANCING ............................................................	47
SCHEDULE D - BREAKDOWN OF TOTAL LOANS AND OTHER FINANCING ....................................................	48
SCHEDULE F - PROPERTY, PLANT AND EQUIPMENT ..............................................................................................	49
SCHEDULE G - INTANGIBLE ASSETS ............................................................................................................................	50
SCHEDULE H - CONCENTRATION OF DEPOSITS ......................................................................................................	51
SCHEDULE I - BREAKDOWN OF FINANCIAL LIABILITIES FROM REMAINING TERMS ...............................	52
SCHEDULE L - ASSETS AND LIABILITIES IN FOREIGN CURRENCY....................................................................	53
SCHEDULE R - LOAN LOSS RISK PROVISIONS ..........................................................................................................	54
SEPARATE CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION.....................................................	56
SEPARATE CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME ..........................................	57
EARNING PER SHARE ........................................................................................................................................................	58
SEPARTE CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME .............................................	59
SEPARATE CONDENSED INTERIM STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY ...................	60
SEPARATE CONDENSED INTERIM STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY ...................	61
SEPARATE CONDENSED INTERIM STATEMENT OF CASH FLOW .......................................................................	62
1.	ACCOUNTING STANDARDS AND BASIS OF PREPARATION .....................................................................	63
2.	FAIR VALUES .........................................................................................................................................................	66
3.	INVESTMENT IN SUBSIDIARIES AND ASSOCIATES ...................................................................................	68

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

INCOME..................................................................................................................................................................................	69
5.	RESTRICTED ASSETS ..........................................................................................................................................	71
6.	COMPANIES UNDER SECT, 33 OF CORPORATE LAW AND OTHER RELATED COMPANIES ..........	71
7.	INCOME TAX..........................................................................................................................................................	74
8.	LOAN AND DEBT ESTIMATED TERMS ...........................................................................................................	75
9.	CAPITAL STOCK ...................................................................................................................................................	75
10.	CASH AND DUE FROM BANKS ..........................................................................................................................	76
11.	SUBSEQUENT EVENTS ........................................................................................................................................	76
SCHEDULE A - OTHER DEBT SECURITIES ..................................................................................................................	77
SCHEDULE F - PROPERTY, PLANT AND EQUIPMENT ..............................................................................................	78
SCHEDULE G - INTANGIBLE ASSETS ............................................................................................................................	79
SCHEDULE L - ASSETS AND LIABILITIES IN FOREIGN CURRENCY ...................................................................	80
INFORMATIVE REVIEW AS OF JUNE 30, 2021 ..............................................................................................................	81

Consolidated Condensed Interim Financial Statements

For the six-month period ended on

June 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 June 30, 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 June 30, 2021 and December 31, 2020

(Expressed in thousands of pesos in homogeneous currency)

ASSETS	Notes and	06/30/2021	12/31/2020
Schedules
Cash and due from banks	1.9 and 4	25,889,622	45,962,544
Cash		9,313,744	16,032,146
Financial institutions and correspondents		16,383,430	29,739,495
Argentine Central Bank		14,701,951	24,593,256
Other local and financial institutions		1,681,479	5,146,239
Others		192,448	190,903
Debt Securities at fair value through profit or loss	1.9, 4, 6.1
and A	16,167,758	12,371,899
Derivatives	6.2 and 4	827,064	180,397
Reverse Repo transactions	6.3 and 4	41,251,468	28,015,929
Other financial assets	1.9, 6.4 and 4	4,345,632	5,369,322
Loans and other financing	4,6.5 and B	124,373,233	132,812,473
To the non-financial public sector		69,970	29,489
To the financial sector		930	15,117
To the Non-Financial Private Sector and Foreign residents		124,302,333	132,767,867
Other debt securities	4, 6.6 and A	70,364,068	51,714,031
Financial assets pledged as collateral	4 and 6.7	7,840,876	6,147,078
Deferred income tax assets		304,662	-
Investments in equity instruments	4 and A	134,077	145,787
Property, plant and equipment	F	8,753,803	8,902,589
Investment property	F	7,510,493	7,516,886
Intangible assets	G	8,498,372	8,500,172
Deferred income tax assets		2,851,552	3,785,777
Other non-financial assets	6.7	1,818,243	1,695,488
Inventories	6.8	100,451	88,935
TOTAL ASSETS		321,031,374	313,209,307

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