Name:	Grupo Supervielle S.A.
Financial year:	N° 50 started on January 1st , 2025
Legal Address:	Reconquista 330 Ciudad Autónoma de Buenos Aires
Core Business:	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):	October 9, 2023
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 December 31, 2025

Shares				Capital Stock
Quantity	Class	N.V. $	Votes per share	Subscribed in thousands of $	Integrated in thousands of $
Quantity	Class	N.V. $	Votes per share	Subscribed in thousands of $	Integrated in thousands of $
61,738,188	A: Non endorsable, common shares of a nominal value	1	5	61,738	61,738
382,673,523	B: Non endorsable, common shares of a nominal value	1	1	382,673	382,673
444,411,711				444,411	444,411

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As of December 31, 2025 and 2024

(Expressed in thousands of pesos in homogeneous currency)

ASSETS	Notes and Schedules	12/31/2025	12/31/2024
Cash and due from banks	6 and 10	1,599,186,464	858,981,662
Cash		208,669,564	199,785,619
Financial institutions and correspondents		1,338,547,989	657,083,170
Argentine Central Bank		1,208,438,443	630,184,457
Other local and financial institutions		130,109,546	26,898,713
Others		51,968,911	2,112,873
Debt Securities at fair value through profit or loss	6, 10, 13.1 and A	249,506,501	346,410,248
Derivatives	6 and 13.2	9,910,637	6,087,827
Reverse Repo transactions	6 and 13.3	3,657,016	-
Other financial assets	6, 10 and 13.4	59,971,218	39,422,368
Loans and other financing	6,13.5 and B	3,766,090,216	2,854,823,298
To the non-financial public sector		8,735,442	4,251,438
To the financial sector		332,055,174	26,797,635
To the Non-Financial Private Sector and Foreign residents		3,425,299,600	2,823,774,225
Other debt securities	6, 13.6 and A	822,360,161	1,110,004,459
Financial assets pledged as collateral	6 and 13.7	694,441,717	238,529,164
Investments in equity instruments	F	5,705,943	934,957
Property, plant, and equipment	F	132,658,360	134,096,346
Investment property	G	92,588,256	103,441,552
Intangible assets	4	231,836,457	218,386,830
Deferred income tax assets	13.8	79,667,639	-
Other non-financial assets		43,954,854	46,755,342
TOTAL ASSETS		7,791,535,439	5,957,874,053

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As of December 31, 2025 and 2024

(Expressed in thousands of pesos in homogeneous currency)

	Notes and Schedules	12/31/2025	12/31/2024
LIABILITIES
Deposits	6, 13.9 and H	5,118,886,479	4,174,648,931
Non-financial public sector		131,280,895	190,358,730
Financial sector		744,014	243,730
Non-financial private sector and foreign residents		4,986,861,570	3,984,046,471
Liabilities at fair value through profit or loss	6 and 13.10	693,909	-
Derivate instruments	6 and 13.15	-	2,281,117
Repo Transactions	6 and 13.16	393,411,412	44,677,369
Other financial liabilities	6 and 13.11	280,272,285	218,614,513
Financing received from the Argentine Central Bank and other financial institutions	6 and 13.12	480,793,742	51,695,858
Unsubordinated debt securities	6 and 18.5	174,866,398	67,297,539
Current income tax liability		442,758	6,880,917
Provisions	13.13 and 15	13,890,828	53,412,545
Deferred income tax liabilities	4	-	1,909,996
Other non-financial liabilities	13.14	320,235,349	252,894,438
TOTAL LIABILITIES		6,783,493,160	4,874,313,223

SHAREHOLDERS' EQUITY
Capital stock		437,731	437,731
Paid in capital		729,164,744	729,164,744
Capital Adjustments		77,948,047	77,948,047
Own shares in portfolio		6,680	18,991
Comprehensive adjustment of shares in portfolio		4,023,614	11,438,151
Cost of treasury stock		(15,505,688)	(27,845,492)
Reserve		257,638,259	122,692,968
Retained earnings		10,990	(293,635)
Other comprehensive income		2,120,729	3,892,060
Net (loss) / income for the year		(48,582,394)	164,675,013
Shareholders' Equity attributable to owners of the parent company		1,007,262,712	1,082,128,578
Shareholders' Equity attributable to non-controlling interests		779,567	1,432,252
TOTAL SHAREHOLDERS' EQUITY		1,008,042,279	1,083,560,830
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY		7,791,535,439	5,957,874,053

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

As of December 31, 2025 and 2024

(Expressed in thousands of pesos in homogeneous currency)

	Notes and Schedules	12/31/2025	12/31/2024
Interest income	13.17	1,755,080,910	2,222,169,323
Interest expenses	13.18	(947,126,579)	(1,168,170,898)
Net interest income		807,954,331	1,053,998,425
Service fee income	13.21	267,528,507	257,445,771
Service fee expenses	13.22	(59,002,175)	(56,014,098)
Income from insurance activities	16.2	36,484,311	32,880,268
Net Service Fee Income		245,010,643	234,311,941
Subtotal		1,052,964,974	1,288,310,366
Net income from financial instruments (NIFFI) at fair value through profit or loss	13.19	75,783,314	185,568,334
Result from derecognition of assets measured at amortized cost	13.20	5,063,724	107,953,651
Exchange rate difference on gold and foreign currency		(58,690,843)	12,197,355
Subtotal		22,156,195	305,719,340
Other operating income	13.23	64,970,292	51,346,786
Result from exposure to changes in the purchasing power of the currency		(150,490,460)	(404,564,886)
Loan loss provisions		(260,615,683)	(69,617,994)
Net operating income		728,985,318	1,171,193,612
Personnel expenses	13.24	(327,252,742)	(385,865,340)
Administration expenses	13.25	(221,807,455)	(229,325,163)
Depreciations and impairment of non-financial assets	13.26	(73,856,515)	(69,173,761)
Other operating expenses	13.27	(202,817,439)	(255,827,566)
Operating (loss) / income		(96,748,833)	231,001,782
Income before taxes from continuing operations		(96,748,833)	231,001,782
Income tax	4	48,056,037	(66,199,510)
Net (loss) /income for the year		(48,692,796)	164,802,272
Net (loss) /income for the year attributable to owners of the parent company		(48,582,394)	164,675,013
Net (loss) /income for the year attributable to non-controlling interests		(110,402)	127,259

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

EARNING PER SHARE

As of December 31, 2025 and 2024

(Expressed in thousands of pesos in homogeneous currency)

	12/31/2025	12/31/2024

NUMERATOR
Net income for the year attributable to owners of the parent company	(48,582,394)	164,675,013
PLUS: Diluting events inherent to potential ordinary shares
Net income attributable to owners of the parent company adjusted by dilution	(48,582,394)	164,675,013

DENOMINATOR
Weighted average of ordinary shares	437,731	439,664
PLUS: Weighted average of number of ordinary shares issued with dilution effect.
Net income for the year attributable to owners of the parent company	437,731	439,664

Basic Income per share	(110.99)	374.55
Diluted Income per share	(110.99)	374.55

The accompany notes and schedules are an integral part of the Consolidated Financial Statements.

As of December 31, 2025, 4,262 are excluded from the calculation because they have an antidilutive effect.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

As of December 31, 2025 and 2024

(Expressed in thousands of pesos in homogeneous currency)

	12/31/2025	12/31/2024
Net (loss) / income for the year	(48,692,796)	164,802,272
Revaluation of property, plant and equipment and intangible assets	79,485	(4,130,880)
Revaluation of property, plant and equipment and intangible assets for the year	122,284	(6,355,200)
Income tax	(42,799)	2,224,320
Loss from equity instruments at fair value through other comprehensive income	333,900	(202,791)
Income for the year from equity instrument at fair value through other comprehensive income	513,693	(311,986)
Income tax	(179,793)	109,195
Total Other Comprehensive Loss not to be reclassified to profit or loss	413,385	(4,333,671)
Foreign currency translation differences for the financial statements	3,607,885	1,317,628
Foreign currency translation differences for the year	3,607,885	1,317,628
(Loss) / Income from financial instrument at fair value through changes in other comprehensive income	(5,761,810)	(11,641,690)
(Loss) / Income for the year from financial instrument at fair value through other comprehensive income	(8,863,823)	(18,392,320)
Income tax	3,102,013	6,750,630
Total Other Comprehensive (Loss) / Income to be reclassified to profit or loss	(2,153,925)	(10,324,062)
Total Other Comprehensive (Loss) / Income	(1,740,540)	(14,657,733)
Other comprehensive (loss) / income attributable to owners of the parent company	(1,735,092)	(14,638,990)
Other comprehensive (loss) / income attributable to non-controlling interests	(5,448)	(18,743)
Total Comprehensive Income	(50,433,336)	150,144,539
Comprehensive (loss )/ income attributable to owners of the parent company	(50,317,486)	150,036,023
Other comprehensive (loss) / income attributable to non-controlling interests	(115,850)	108,516

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY

For the financial years ended on December 31, 2025 and 2024

(Expressed in thousands of pesos in homogeneous currency)

Items	Capital Stock	Inflation adjustment of capital stock	Paid in capital	Treasury Shares ⁽¹⁾	Inflation adjustment of treasury shares ⁽¹⁾	Cost of of treasury shares	Legal reserve	Other reserves	Other comprehensive income			Retained earnings	Total Shareholders´ equity attributable to parent company	Total Shareholders´ equity attributable to non-controlling interest	Total shareholders´ equity
Items	Capital Stock	Inflation adjustment of capital stock	Paid in capital	Treasury Shares ⁽¹⁾	Inflation adjustment of treasury shares ⁽¹⁾	Cost of of treasury shares	Legal reserve	Other reserves				Retained earnings			Total shareholders´ equity	Revaluation of PPE	Foreign currency translation differences	Earnings or loss accrued by financial institutions at FV through profit and loss
Balance on December 31, 2024	437,731	77,948,047	729,164,744	18,991	11,438,151	(27,845,492)	16,136,452	106,556,516	1,836,488	164,381,378	(1,082,357)	164,381,378	1,082,128,578	1,432,252	1,083,560,830
Disposal of equity instruments measured to VR ORI	-	-	-	-	-	-	-	-	-	36,239	(36,239)	36,239	-	-	-
Share-based payments	-	-	-	-	-	-	-	8,332,945	-	-	-	-	8,332,945	(536,835)	7,796,110
Consideration of results approved by the General Shareholders' Meeting held on April 22, 2025
Constitution of reserves	-	-	-	-	-	-	8,220,331	123,304,971	-	(131,525,302)	-	(131,525,302)	-	-	-
Distribution of dividends	-	-	-	-	-	-	-	-	-	(32,881,325)	-	(32,881,325)	(32,881,325)	-	(32,881,325)
Expitarion of treasury shares	-	-	-	(12,311)	(7,414,537)	12,339,804	-	(4,912,956)	-	-	-	-	-	-	-
Net income for the year	-	-	-	-	-	-	-	-	-	(48,582,394)	-	(48,582,394)	(48,582,394)	(110,402)	(48,692,796)
Other comprehensive loss for the year	-	-	-	-	-	-	-	-	79,404	-	(5,422,381)	-	(1,735,092)	(5,448)	(1,740,540)
Balance on December 31, 2025	437,731	77,948,047	729,164,744	6,680	4,023,614	(15,505,688)	24,356,783	233,281,476	1,915,892	(48,571,404)	(6,540,977)	(48,571,404)	1,007,262,712	779,567	1,008,042,279

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

(1)See Note 14 of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS´ EQUITY

For the financial years ended on December 31, 2025 and 2024

(Expressed in thousands of pesos)

Items	Capital Stock	Inflation adjustment of capital stock	Paid in capital	Treasury shares	Inflation adjustment of treasury shares	Cost of of treasury shares	Legal reserve	Other reserves	Other comprehensive income			Retained earnings	Total Shareholders´ equity attributable to parent company	Total Shareholders´ equity attributable to non-controlling interest	Total shareholders´ equity
Items	Capital Stock	Inflation adjustment of capital stock	Paid in capital	Treasury shares	Inflation adjustment of treasury shares	Cost of of treasury shares	Legal reserve	Other reserves				Retained earnings			Total shareholders´ equity	Revaluation of PPE	Foreign currency translation differences	Earnings or loss accrued by financial institutions at FV through profit and loss
Balance on December 31, 2023	442,672	80,923,752	729,164,744	14,050	8,462,446	(14,799,989)	-	12,339,789	5,963,161	1,820,301	10,521,464	147,070,063	981,922,453	786,901	982,709,354
Disposal of equity instruments measured to VR ORI	-	-	-	-	-	-	-	-	-	-	226,124	(226,124)	-	-	-
Subsidiaries' Stock compensation plans	-	-	-	-	-	-	-	-	-	-	-	-	-	536,835	536,835
Acquisition of treasury shares	(4,941)	(2,975,705)	-	4,941	2,975,705	(13,045,503)	-	-	-	-	-	-	(13,045,503)	-	(13,045,503)
Distribution of retained earnings by the shareholder's meeting on April 19, 2024:
Constitution of reserves	-	-	-	-	-	-	16,136,452	94,216,727	-	-	-	(110,353,179)	-	-	-
Dividend distribution	-	-	-	-	-	-	-	-	-	-	-	(36,784,395)	(36,784,395)	-	(36,784,395)
Net income for the year	-	-	-	-	-	-	-	-	-	-	-	164,675,013	164,675,013	127,259	164,802,272
Other comprehensive loss for the year	-	-	-	-	-	-	-	-	(4,126,673)	1,317,628	(11,829,945)		(14,638,990)	(18,743)	(14,657,733)
Balance on December 31, 2024	437,731	77,948,047	729,164,744	18,991	11,438,151	(27,845,492)	16,136,452	106,556,516	1,836,488	3,137,929	(1,082,357)	164,381,378	1,082,128,578	1,432,252	1,083,560,830

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF CASH FLOWS

For year ended on December 31, 2025 presented on comparative basis

(Expressed in thousands of pesos in homogeneous currency)

	12/31/2025	12/31/2024
CASH FLOW FROM OPERATING ACTIVITIES

Net (loss) / income for the year before Income Tax	(96,748,833)	231,001,782

Adjustments to obtain flows from operating activities:
Depreciation and impairment of non-financial assets	73,856,515	69,173,761
Impairment losses on financial assets	260,615,683	69,617,994
Other adjustments
-Exchange rate difference on gold and foreign currency	58,690,843	(12,197,355)
- Interests from loans and other financing	(1,755,080,910)	(2,222,169,323)
- Interests from deposits and financing received	947,126,579	1,168,170,898
-Net income from financial instruments at fair value through profit or loss	(75,783,314)	(185,568,334)
-Result from derecognition of financial assets measured at amortized cost	(5,063,724)	(107,953,651)
-Result from exposure to changes in the purchasing power of the currency	150,490,460	404,564,886
-Fair value measurement of investment properties	668,493	13,403,341
-Interest on liabilities for financial leases	3,599,457	2,526,891
-Allowances reversed	(8,428,118)	(6,061,546)
- Share-based payments	7,796,110	-

(Increases) / decreases from operating assets:
Debt securities at fair value through profit or loss	162,170,833	118,000,452
Derivatives	(3,822,810)	4,783,800
Repo transactions	(3,657,016)	2,164,841,966
Loans and other financing
To the non-financial public sector	(4,484,004)	1,678,724
To the other financial entities	(305,257,539)	(15,320,269)
To the non-financial sector and foreign residents (*)	901,367,970	698,963,459
Other debt securities	287,644,298	(347,527,553)
Financial assets pledged as collateral	(455,912,553)	(105,659,068)
Other assets (*)	(51,094,464)	86,763,695

Increases / (decreases) from operating liabilities:
Deposits
Non-financial public sector	(59,077,835)	(98,248,897)
Financial sector	500,284	(1,121,389)
Private non-financial sector and foreign residents	59,744,786	(1,329,442,806)
Liabilities at fair value through profit or loss	693,909	(1,741,431)
Repo Transactions	(2,281,117)	2,281,117
Other liabilities	348,734,043	41,983,644
Income Tax paid	85,852,555	62,643,696
	(37,080,336)	(20,089,108)
NET CASH (USED IN) / PROVIDED BY OPERATING ACTIVITIES (A)	485,780,245	687,299,376

CASH FLOW FROM INVESTING ACTIVITIES

Payments:
Purchase of PPE, intangible assets, and other assets	(72,418,123)	(75,282,153)
Purchase of liability or equity instruments issued by other entities	(4,770,986)	113,463

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

GRUPO SUPERVIELLE S.A.

CONSOLIDATED STATEMENT OF CASH FLOWS

For year ended on December 31, 2025 presented on comparative basis

(Expressed in thousands of pesos in homogeneous currency)

	12/31/2025	12/31/2024
CASH FLOW FROM INVESTING ACTIVITIES (Continuation)

Collections:
Disposals related to PPE, intangible assets, and other assets	10,999,773	14,548,595

NET CASH USED IN INVESTING ACTIVITIES (B)	(66,189,336)	(60,620,095)

CASH FLOWS FROM FINANCING ACTIVITIES

Payments:
Interest on finance lease liabilities	(15,222,513)	(11,698,919)
Unsubordinated debt securities	(355,803,167)	(3,081,005)
Financing received from Argentine Financial Institutions	(8,897,679,921)	(351,367,114)
Dividend payment	(32,881,325)	(36,784,395)
Repurchase of own shares	-	(13,045,503)

Collections:
Unsubordinated debt securities	459,315,760	68,527,449
Financing received from Argentine Financial Institutions	9,326,777,805	395,351,414

NET CASH USED IN FINANCING ACTIVITIES (C)	484,506,639	47,901,927

EFFECTS OF EXCHANGE RATE CHANGES AND EXPOSURE TO CHANGES IN THE PURCHASING POWER OF MONEY ON CASH AND CASH EQUIVALENTS (D)	246,483,279	346,940,286

RESULT FROM EXPOSURE TO CHANGES IN THE PURCHASING POWER OF THE CURRENCY OF CASH AND EQUIVALENTS (E)	(415,723,552)	(739,307,817)
NET INCREASE IN CASH AND CASH EQUIVALENTS (A+B+C+D+E)	734,857,275	282,213,677
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR (NOTE 10)	1,003,372,458	721,158,781
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR (NOTE 10)	1,738,229,733	1,003,372,458

The accompanying notes and schedules are an integral part of the Consolidated Financial Statements.

(*) In the items "Loans and other financing - Non-Financial Private Sector and Foreign Residents", "Other Assets" and "Other Liabilities" as of 31 December 2025, 15,247,466 leased property usage rights were eliminated, relating to non-monetary transactions.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

1.	ACCOUNTING STANDARDS AND BASIS OF PREPARATION

Grupo Supervielle S.A. (hereinafter, "the Group"), is a company whose main activity is investment in other companies, its main income comes from the distribution of dividends from these companies and the obtaining of income from other financial assets.

The consolidated financial statements of Grupo Supervielle S.A. they have been consolidated, line by line with the financial statements of Banco Supervielle S.A., Sofital S.A. U. F. e I., Supervielle Asset Management S.A., Espacio Cordial de Servicios S.A., Supervielle Seguros S.A., InvertirOnline S.A.U., Portal Integral de Inversiones S.A.U., Micro Lending S.A.U., Supervielle Productores Asesores de Seguros S.A., Bolsillo Digital S.A.U., Supervielle Agente de Negociación S.A.U., Dólar IOL S.A.U., IOL Holding S.A. and IOL Agente de Valores S.A.

The main investment of the Company is its shareholding in Banco Supervielle S.A., a financial entity included in Law No. 21.526 of Financial Institutions and subject to B.C.R.A. regulations, for which the valuation and exposure guidelines used have been adopted by said Entity (see Note 1.1) in accordance with that established in Title IV, Chapter I, Section I, Article 2 of the 2013 Orderly Text of the National Securities Commission (CNV).

These Consolidated Financial Statements have been approved by the Board of Directors of the Company at its meeting held on March 2, 2026.

1.1.	Preparation basis

These consolidated financial statements have been prepared pursuant to the accounting information framework set by the Argentine Central Bank which is based on International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board and interpretations issued by the International Financial Reporting Standards Interpretation Committee with the following exceptions:

●

temporary exception to the application of point 5.5. (impairment) of IFRS 9 "Financial Instruments" on debt instruments of the Non-Financial Public Sector.

Had IFRS 9 been applied to the debt instruments of the Non-Financial Public Sector, a net reduction in income tax of 11,153 million and 8,857 million would have been recorded in the Group's equity as of December 31, 2025 and 2024, respectively.

●

exception to the provisions of Communication "A" 7014 dated May 14, 2020, where the B.C.R.A. established that Public Sector debt instruments that financial institutions received in exchange from others should be recognized initially at the book value as at the date of such exchange hold the instruments delivered, without analyzing whether or not the accounts established by IFRS 9 or eventually recognize the new instrument received to their market value as set out in that IFRS.

If IFRS 9 had been applied to the matters mentioned, the Group's equity would have recorded a net reduction in income tax of 10,818 million and 23,893 million as of December 31, 2025 and 2024, respectively.

The Group's Management has concluded that these financial statements fairly present the financial position, financial performance, and cash flows.

The preparation of condensed consolidated interim financial statements requires the Group to make estimates and evaluations that affect the amount of assets and liabilities recorded, and the disclosure of contingencies, as well as the income and expenses recorded in the period. In this regard, estimates are made to calculate, for example, provisions for credit risk, the useful lives of property, plant and equipment, depreciation and amortization, the recoverable value of assets, the tax charge on earnings and the fair value of certain financial instruments. The actual future results may differ from the estimates and evaluations made at the date of preparation of these interim condensed consolidated financial statements.

The areas that involve a greater degree of judgment or complexity or areas in which the assumptions and estimates are significant to the consolidated financial statements are described in Note 2.

As of the date of issuance of these financial statements, they are pending transcription to the Inventory and Balance Sheet Book.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

1.1.1

Going concern

As of the date of these consolidated condensed interim financial statements there are no uncertainties with respect to events or conditions that may raise doubts regarding the possibility that the Group continues to operate normally as a going concern.

1.1.2

Measuring unit

Figures included in these consolidated condensed interim financial statements are expressed in thousands of Argentine pesos, unless otherwise stated.

The Group´s consolidated financial statements recognize changes in the currency purchasing power until August 31, 1995. As from such date, in virtue of existing economic stability conditions and pursuant to Communication “A” 2365 issued by the Argentine Central Bank, accounting measurements were not re-expressed until December 31, 2001. In virtue of Communication “A” 3702 issued by the Argentine Central Bank, the application of the method was resumed and became effective on January 1^st, 2002. Previous accounting measurements were expressed in the currency as of December 31, 2001.

Pursuant to Communication “A” 3921 issued by the Argentine Central Bank, in compliance with Decree 664/03 issued by the National Executive Power, the application of the re-expression of financial statements in homogeneous currency was interrupted as from March 1, 2003. Therefore, the Group applied said re-expression until February 28, 2003.

In turn, Law No. 27.468 (O.B. 04/12/2018) amended Article 10 of Law No. 23.928 and its amendments, by providing that the repeal of all laws or regulations establishing or authorize indexation by price, currency update, cost variation or any other form of refunding of debts, taxes, prices or tariffs for goods, works or services, does not include the financial statements, to which Article 62 shall continue to apply at the end of of the General Law on Companies No. 19.550 (T.O. 1984) and its amendments.

The aforementioned body of law also provided for the repeal of Decree No 1269/2002 of July 16, 2002, and its amendments and delegated to the National Executive Branch (PEN), through its date on which the provisions referred to above took effect in respect of the financial statements submitted to them. Therefore, the B.C.R.A., dated February 22, 2019, issued Communication "A" 6651 through which it provided that as of 1 January 2020, the financial statements are drawn up in constant currency. Therefore, the present consolidated financial as of December 31, 2025 have been restated.

1.1.3Comparative information

The balances for the year ended December 31, 2024 that are disclosed in these financial statements for comparative purposes arise from the financial statements as of such dates, which were prepared with the regulations in force in said year. Certain amounts in these financial statements have been reclassified to present the information in accordance with the standards in effect as of December 31, 2025.

It´s worth mentioning that, given the restatement of financial statements pursuant to IAS 29 and the provisions of Communication “A” 7211, the Group adjusted for inflation the figures included in the Statement of Financial Position, Income Statement, Other Comprehensive Income and Changes in the Shareholders’ Equity Statement and respective notes as of December 31, 2024 to record them in homogeneous currency.

1.1.4 Changes in accounting policies and new accounting standards

With the approval of new IFRS, modifications or derogations of the standards in force, and once such changes are adopted through Adoption Bulletins issued by Argentine Federation of Professional Councils in Economic Sciences (FACPCE), the Argentine Central Bank will determine the approval of such standards for financial entities. In general terms, no anticipated IFRS application shall be allowed unless upon adoption such anticipated measure is specified.

The changes made during the year ended December 31, 2025 are listed below, which had no significant impact on the Group’s consolidated financial statements.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Changes during the year ended December 31, 2025:

(a)

Amendments to IAS 21 - Lack of Interchangeability

The amendments establish a two-step approach to assess whether a currency can be exchanged for another currency and, when this is not possible, determine the exchange rate to be used and the information to be disclosed. The changes will be effective for the years starting from January 1st, 2025 and allows for early application.

The changes that have not entered into force as of December 31, 2025 are set out below:

(a) Amendments to IFRS 9 and IFRS 7: Classification and Measurement of Financial Instruments

These amendments clarify the recognition and derecognition requirements for certain financial assets and liabilities, with a new exception for some liabilities settled through an electronic cash transfer system; they also clarify and add guidance for assessing whether a financial asset meets the criteria for generating only principal and interest payments (SPPI); they add new disclosures for certain instruments with contractual terms that may change cash flows (such as some instruments with features linked to achieving environmental, social, and governance (ESG) objectives); and they will update the disclosures for equity instruments designated at fair value through other comprehensive income. The implementation date for these amendments is January 1, 2026. The Group does not expect any impacts from the implementation of this standard.

(b) IFRS 18: Presentation and Disclosure in Financial Statements

This new standard focuses on the presentation of the statement of profit or loss. The key new concepts introduced by IFRS 18 relate to: the structure of the statement of profit or loss; disclosure requirements in the financial statements for certain performance measures reported outside an entity's financial statements (i.e., performance measures defined by management); and improvements to the principles of grouping and disaggregating items in the primary financial statements and in the notes to the financial statements in general. It will be effective for annual periods beginning on or after January 2027. Early application is permitted. Its impact on the Group's financial statements is being assessed.

(c) IFRS 19: Non-Publicly Responsible Subsidiaries – Disclosures

This voluntary standard allows eligible subsidiaries to replace the disclosures required by each specific IFRS with reduced disclosures that it establishes. It seeks to balance the information needs of users of these entities' financial statements while saving costs for preparers. A subsidiary will be eligible if: it has no public accountability; and its parent company presents consolidated financial statements for public use that comply with IFRS Standards. It will be effective for annual periods beginning in January 2027. Early adoption is permitted. Its impact on the Group's financial statements is being assessed.

1.2.	Impairment of financial assets

The Group evaluates, based on a prospective approach, expected credit losses (“ECL”) related to financial assets rated at amortized cost or fair value with changes in another comprehensive income, the exposure resulting from loan commitments and financial guarantee contracts with the scope set by Communication “A” 6847 issued by the Argentine Central Bank.

The Group measures ECL of financial instruments reflecting the following:

(a)a probability amount, weighed and unbiased, that is defined through the evaluation of a range of possible result;

(b)the temporal value of money; and

(c)the reasonable and sustainable information available at no cost nor excessive effort on the submission date on past events, current conditions, and future economic condition forecasts.

IFRS 9 sets forth the following “Three stages” model for the impairment based on changes in the credit quality from initial recognition:

●If, on the submission date, the credit risk of a financial instrument has not increased significantly since its initial recognition, the Group will classify such instrument in “Stage 1”.

●If a significant increase in credit risk (“SICR”) is detected, from its initial recognition, the instrument is moved to “Stage 2”, but such instrument is not deemed to contain a credit impairment.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

●If the financial instrument contains credit impairment, it is moved to “Stage 3”.

●For financial instruments in “Stage 1”, the Bank measures ECL at an amount equivalent to the amount of expected credit loss during the useful life term of the asset that result from potential default events within the next 12 months. As for Financial Instruments in “Stage 2” and “Stage 3”, the Group measures ECL during the useful life term of the asset (hereinafter “lifetime”). Note 1.2.1 includes a description of how the Group defines when a significant increase in credit risk has occurred.

●A generalized concept in the measurement of ECL pursuant to IFRS 9 shall be considered prospective information.

●Financial assets with impairment on credit value, either purchased or produced, account for those financial assets which have been impaired since initial recognition. ECL of this type of financial instruments is always measured during the asset lifetime (“Stage 3”).

The following chart summarizes the impairment requirements pursuant to IFRS 9 (for financial assets that do not entail impairment on credit value, either purchased or produced):

Changes in the credit quality since initial recognition

Stage 1	Stage 2	Stage 3
(initial recognition)	(significant increase of credit risk since initial recognition)	(Impaired credit)
12 months ECL	Lifetime ECL

The key judgements and assumptions adopted by the Group for measuring ECL are described below:

1.2.1 Significant increase in credit risk

The Group considers that a financial asset has experienced a significant credit risk increase when one or more than the following qualitative and quantitative criteria have been observed:

Personal and Business Banking

●

Maximum delay at financial asset level > 30 days.

●

If the financial asset is a refinancing.

●

The credit origination score has deteriorated by more than 30% with respect to the current performance score.

●

The difference between the current behavior score and the credit application score is less than -300 in absolute terms.

●

Internal Behavior Score at client level below the cut-off point ¹

(1) High Income: Salary plan segment >=400, Open Market segment >=500 and Retirees segment >=600 and Ex>=800 segment

Corporate Banking

●

Portfolios more than 30 days past due.

●

Portfolios whose classification under Argentine Central Bank regulation is 2.

●

Probability of default higher than 30%.

●

Its rating deteriorated by more than two notes from its credit approval rating.

●

If the financial asset is a refinancing.

Sectoral Analysis

Considering that the internal impairment models are estimated with historical information, the risk of non-compliance of the companies is evaluated by type of activity based on the degree of affectation that they have due to the current economic situation, considering their characteristics, seasonality, and else.

Finally, the different industries are classified into four types of risk. They are:

●

Low risk

●

Medium risk

●

High risk

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

●

Very high risk

The risk rating matrix by activity is presented below:

RISK RATING BY INDUSTRY
Agriculture	Low	Utilities (power generation)	Medium
Food and drinks	Low	Utilities (transport and distribution of energy)	Medium
Financial	Low	Chemicals and plastics	Medium
Supermarkets	Low	Auto parts/dealers	Medium
Utilities (water and waste)	Low	Cargo transportation	Medium
Oil and mining	Low	Construction	Medium
Pharmaceutical	Low	Household goods	Medium
IT/Communications	Low	Insurance	Medium
Cleaning	Low	Paper, cardboard, wood, glass	Medium
Oil Industry	Low	Dairy industry	Medium
Citrus Industry	Low	Private construction	Medium
Automotive terminals	Low	Iron and steel industry	Medium
SGR	Low	Machinery and equipment	Medium
Others	Low	Professionals	Medium
Textile	Medium	Home Appliances (Product.)	Medium
Real Estate	Medium	Appliances (Commercial)	Medium
Sports	Medium	Health	Medium
Entertaiment	Medium	Tourism and gastronomy	Medium
Wine industry	Medium	Passenger transport	Medium
Sugar Industry	Medium	Refrigeration industry	Medium
Public Construction	High

In the case of activities with high or very high risk, customers who are up to date will be provisioned as if they were between 1-30 days past due.

1.2.2. Individual and collective evaluation basis

Expected losses are estimated both in a collective and individual manner.

The Group´s individual estimation is aimed at calculating expected losses for significantly impaired risks. In these cases, the amount of credit losses is calculated as the difference between expected cash flows discounted at the effective interest rate of the operation and the value in the books of the instrument.

For collective estimation of expected credit losses, instruments are distributed in groups of assets depending on credit risk features. Exposures within each group are segmented in accordance with the similar features of the credit risk, including the debtor´s payment capacity pursuant to contractual conditions. These risk features need to play a key role in the estimation of future flows of each group. Credit risk features may consider the following factors, among others:

Group	Parameter	Grouping
Personal and Business Banking	Probability of Default (PD)	Personal loans (1)
				Credit card loans (1)
				Mortgage loans
				Pledge loans
				Refinancing
				Other
		Loss Given Default (LGD)	Personal loans
				Credit card loans

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Group	Parameter	Grouping
		Pledge loans
				Overdrafts
				Mortgage loans
				Refinancing
				Other financings

Group	Parameter	Grouping
Corporate Banking	Probability of Default (PD)⁽²⁾	MEGRAs
				SMEs
				Financial sector
		Loss Given Default (LGD)	With Guarantees
				No Guarantees
				MEGRAs without guarantees + SMEs without guarantees

(1)

For credit cards and personal loans, Grupo Supervielle includes an additional layer of analysis: senior citizens, high income, open market, high income payroll, non- high income open market, non-high income payroll, Personal and Business Banking, former senior citizens, former payroll and On-Boarding.

(2)

For calculating the probability of default , the segments were grouped by arrears bucket (0; 1-30; 31-60; 61-90).

The credit risk characteristics used to group the instruments are, among others: type of instrument, debtor's sector of activity, geographical area of activity, type of guarantee, aging of past due balances and any other factor relevant to estimating the future cash flows.

Grouping of financial instruments is monitored and reviewed on a regular basis by the Credit Risk and Stress Test Area.

1.2.3 Definition of default and impaired credit

The Group considers that a financial instrument is in default when such instrument entails one or more of the following criteria:

Personal and Businesses Banking

●

Financial instruments delinquent after 90 days in contractual payments.

Corporate Banking

●

Financial instruments delinquent more than 90 days in past due.

●

Financial instruments with B.C.R.A. situation greater than or equal to 3.

●

Rating C or D.

These criteria are applied in a consistent manner to all financial instruments and are aligned with the internal definition of defaulted for the administration of credit risk. Likewise, such definition is consistently applied to define PD (“Probability of Default”), Exposure at Default (“EAD”) and Loss Given Default ( “LGD”).

1.2.4. Measurement of Expected Credit Loss – Explanation of inputs, assumptions, and calculation techniques

ECL is measured on a 12-month or lifetime basis, depending on whether a significant increase in credit risk has been recorded since initial recognition or whether an asset is credit-impaired. ECL are the discounted product of the Probability of Default (“PD”), Exposure at default (“EAD”) and Loss Given Default (“LGD”), defined as follows:

●

The PD represents the likelihood of a borrower defaulting on its financial obligation (pursuant to the “Definition of default and credit impaired” set forth in Note 1.3.3), either over the next 12 months or over the remaining lifetime (lifetime PD) of the obligation.

●

EAD is based on the amounts the Group expects to be owed at the time of default, over the next 12 months (12 months EAD) or the remaining lifetime (lifetime EAD). For example, for a revolving commitment, the Group includes the current drawn balance plus any further amount that is expected to be drawn up to the current contractual limit by the time of default, should it occur.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

●

The LGD represents the Group's expected loss on an exposure in default. The LGD varies depending on the counterparty type, the type and age of the claim, and the availability of collateral or other credit support. The LGD is expressed as a percentage loss per unit of exposure at the time of default (EAD).

ECL is determined by projecting PD, LGD and EAD for each future month and each individual exposure or collective segment. These three components are multiplied and adjusted for the likelihood of survival (that is, the exposure has not been prepaid or defaulted in an earlier month). This effectively calculates an ECL for each future month, which is then discounted back to the reporting date and summed. The discount rate used in the ECL calculation is the original effective interest rate or an approximation thereof.

The Entity based its calculation of the ECL parameters on internal models that were adapted to be compliant with IFRS 9.

The Group includes prospective economic information in its definition of DP, EAD and LGD over 12 months or Lifetime. See Note 1.2.5 for the explanation of prospective information and its consideration in the calculation of ECL.

1.2.5 Forward-looking information considered in expected credit loss models

The evaluation of significant credit increases and the calculation of ECL include prospective information. The Group carried out a historical analysis and identifies key economic variable that affect the credit risk and expected credit losses for each portfolio.

Forecasts for these economic variables (the "baseline economic scenario") are provided by the Group's Research team and provide the best estimated view of the economy over the next 12 months. The impact of these economic variables on PD and LGD has been determined by performing statistical regression analyzes to understand the impact that changes in these variables have historically had on default rates and LGD components.

In addition to the base economic scenario, the Group's Research team also provides two possible scenarios together with scenario weights. The number of other scenarios used is established based on the analysis of the main products to ensure that the effect of linearity between the future economic scenario and the associated expected credit losses is captured. The number of scenarios and their attributes are reassessed annually, unless a situation occurs in the macroeconomic situation that justifies a more frequent review.

As of December 31, 2025, as for its portfolios, the Group concluded that three scenarios have properly captured non-lineal items. Scenario analyses are defined by means of a combination of statistic and know-how judgement analysis, considering the range of potential results of which each scenario is representative.

As with any economic forecast, projections and probabilities of occurrence are subject to a high degree of inherent uncertainty, and therefore actual results may be significantly different than projected. The Group considers that these forecasts account for its best calculation of potential results and has analyzed the non-lineal and asymmetric impacts within the different portfolios of the Group to establish that chosen scenarios are representative of the range of potential scenarios.

The most significant assumptions utilized to calculate ECL as of December 31, 2025 are as follows:

Parameter	Industry / Segment	Macroeconomic Indicator	Base scenario	Optimistic scenario	Pessimistic scenario
Probability of Default	Personal and Business Banking	Private Sector Real Deposits	45.0%	40.0%	41.0%
				Real Badlar Rate (private banks)	2.0%	(0.1%)	3.7%
				Monthly Economic Activity Estimator	3.7%	8.4%	(1.2%)
		Corporate Banking	Real Badlar Rate (private banks)	2.0%	(0.1%)	3.7%
		Corporate Banking		blue cheap swap rate	20.1%	(9.3%)	66.9%

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Parameter	Industry / Segment	Macroeconomic Indicator	Base scenario	Optimistic scenario	Pessimistic scenario
Loss Given Default	Personal and Business Banking	Real Badlar Rate (private banks)	2.0%	(0.1%)	3.7%
	Personal and Business Banking			Private Sector Real Deposits	45.0%	40.0%	41.0%
		Corporate Banking	Private Sector Real Deposits	45.0%	40.0%	41.0%
				Real Badlar Rate (private banks)	2.0%	(0.1%)	3.7%
				Inflation	22.0%	17.9%	42.0%

The following are estimations assigned to each scenario as of December 31, 2025:

Base scenario	60%
Optimistic scenario	20%
Pessimistic scenario	20%

Sensitivity analysis

The chart below includes changes in ECL as of December 31, 2025 that would result from reasonably potential changes in the following parameters:

December 31, 2025
Reported ECL Allowance	237,051,916
Gross carrying amount	4,215,333,004
Loss Rate	5.62%
Coverage Ratio	111.64%

ECL amount by scenarios
Favorable scenario	219,215,036
Unfavorable scenario	250,701,625

Loss Rate by scenarios
Favorable scenario	5.20%
Unfavorable scenario	5.95%

Coverage Ratio per Scenario
Favorable scenario	103.24%
Unfavorable scenario	118.07%

1.2.6 Maximum exposure to credit risk

The chart below includes an analysis of credit risk exposure of the financial instruments for which expected credit loss provisions are recognized. The amount of financial assets included in the attached table represents the maximum exposure to credit risk of those assets, including unused overdraft facilities and unused credit card balances:

Loan Type	December 31, 2025			Total
		ECL Staging
		Stage 1 12-month ECL	Stage 2 Lifetime ECL		Stage 3 Lifetime ECL
Promissory notes	673,808,847	7,957,263	13,338,516		695,104,626
Unsecured corporate loans	382,610,706	18,191,109	29,190,103	429,991,918
Overdrafts	648,490,342	8,458,370	13,501,498	670,450,210
Mortgage loans	358,382,028	7,300,192	5,983,153	371,665,373

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Loan Type	December 31, 2025			Total
		ECL Staging
		Stage 1 12-month ECL	Stage 2 Lifetime ECL		Stage 3 Lifetime ECL
Automobile and other secured loans	215,551,019	37,427,997	28,726,436		281,705,452
Personal loans	328,441,991	110,688,266	52,394,303	491,524,560
Credit cards	934,594,709	105,681,564	31,095,628	1,071,371,901
Foreign Trade Loans	746,877,760	9,743,300	8,745,221	765,366,281
Other financing	296,384,165	1,299,379	1,560,308	299,243,852
Other receivables from financial transactions	11,657,490	773,410	17,582	12,448,482
Receivables from financial leases	103,116,413	2,612,325	4,037,487	109,766,225
Total	4,699,915,470	310,133,175	188,590,235	5,198,638,880

1.2.7 Collateral and other credit enhancements

A guarantee is an instrument by which the debtor of the Entity or a third party undertakes, in the event of default of the contracted obligation, to offer itself as support for its payment. The Entity accepts a guarantee as support against a possible default by the debtor.

The Argentine Central Bank classifies these guarantees in three types: Preferred “A” (considered self-settleable), Preferred “B” (made up by mortgage or pledge loans) and remaining guarantees (mainly bank guarantees and fines).

In virtue of the administration of collateral, the Group relies on a specific area devoted to the review of the legal compliance and suitable instrumentation of received collateral. In accordance with the type of collateral, the guarantors may be people or companies (in the case of mortgages, pledges, fines, guarantees and liquid funds) and international top level Financial Entities (for credit letters stand by).

The Group monitors collateral held for financial assets considered to be credit impaired as it becomes more likely that the Group will take possession of collateral to mitigate potential credit losses.

Credit Impaired loans	Gross exposure	Allowances for loans losses	Book value	Fair value of collateral
Discounted documents	13,338,516	11,551,664	1,786,852	2,427,205
Single signature loans	29,190,103	20,259,967	8,930,136	7,120,630
Advances	13,501,498	9,464,510	4,036,988	2,591,403
Mortgages	5,983,153	1,620,951	4,362,202	9,201,972
Testators	28,726,436	21,619,979	7,106,457	49,074,902
Personal loans	52,394,303	42,657,662	9,736,641	-
Credit Cards	31,095,628	27,265,866	3,829,762	-
External trade	10,305,528	2,675,733	7,629,795	6,065,826
Other loans through financial intermediation	17,582	11,144	6,438	-
Loans for leasing	4,037,488	2,273,621	1,763,867	1,665,601
Total of impaired loans	188,590,235	139,401,097	49,189,138	78,147,539

1.2.8 Credit risk provision

Allowances for loan losses recognized in the year is affected by a range of factors as follows:

●

Transfers between Stage 1 and Stage 2 or 3 given financial instruments experience significant increases (or decreases) in credit risk or are impaired over the year, and the resulting “increase” between ECL at 12 months and Lifetime;

●

Additional assignments for new financial instruments recognized during the year, as well as write-offs for withdrawn financial instruments;

●

Impact on the calculation of ECL of changes in DP, EAD and LGD during the year, resulting from the regular updating of model inputs;

●

Impact on the measurement of ECL because of changes in models and assumptions;

●

Impact resulting from time elapsing because of the current value updating;

●

Conversion to local currency for foreign-currency-denominated assets and other movements; and

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

●

Financial assets withdrawn during the year and application of provisions related to assets withdrawn from the balance sheet during the year.

The following tables explain the changes in the credit risk provision corresponding to the Group between the beginning and the end of the year due to the factors indicated below as of December 31, 2025 and 2024:

	Allowance			Total
		Stage 1 12-month ECL	Stage 2 Lifetime ECL	Total	Stage 3 Lifetime ECL
Allowances for loan losses as of 12/31/2024	28,927,266	17,651,463	23,667,691	70,246,420
Transfers:
From Stage 1 to Etapa 2	(2,870,735)	20,041,775	-	17,171,040
From Stage 1 to Etapa 3	(533,689)	-	21,467,322	20,933,633
From Stage 2 to Etapa 3	-	(399,916)	4,271,498	3,871,582
From Stage 2 to Etapa 1	1,248,801	(2,505,591)	-	(1,256,790)
From Stage 3 to Etapa 2	-	27,616	(506,450)	(478,834)
From Stage 3 to Etapa 1	5,867	-	(417,760)	(411,893)
Additions	25,361,427	-	-	25,361,427
Collections	(9,327,126)	(6,839,673)	(13,387,258)	(29,554,057)
Accruals	7,352,706	30,975,679	162,648,999	200,977,384
Withdrawn financial assets	(772,578)	(1,029,534)	(53,556,925)	(55,359,037)
Portfolio sale	-	-	(3,225,437)	(3,225,437)
Exchange Differences and Others	268,537	1,110,720	228,061	1,607,318
Result from exposure to changes in the purchasing power of money	(6,879,552)	(4,162,645)	(1,788,643)	(12,830,840)
Allowances for loan losses as of 12/31/2025	42,780,924	54,869,894	139,401,098	237,051,916

	Assets Before Allowances			Total
		Stage 1 12-month ECL	Stage 2 Lifetime ECL	Total	Stage 3 Lifetime ECL
Allowances for loan losses as of 12/31/2023	17,067,720	16,069,297	22,319,749	55,456,766
Transfers:
From Stage 1 to Etapa 2	(153,890)	1,356,151	-	1,202,261
From Stage 1 to Etapa 3	(33,404)	-	1,378,823	1,345,419
From Stage 2 to Etapa 3	-	(86,456)	493,579	407,123
From Stage 2 to Etapa 1	475,640	(1,470,523)	-	(994,883)
From Stage 3 to Etapa 2	-	3,220,899	(3,426,316)	(205,417)
From Stage 3 to Etapa 1	2,736	-	(88,922)	(86,186)
Additions	21,454,858	-	-	21,454,858
Collections	(2,365,230)	(3,536,616)	(4,021,505)	(9,923,351)
Interest accruals	1,789,287	10,806,522	33,033,228	45,629,037
Write Offs	(148,838)	(119,390)	(15,948,001)	(16,216,229)
Portfolio sale	-	-	(1,320,673)	(1,320,673)
Exchange Differences and Others	49,836	87,217	859,567	996,620
Result from exposure to changes in the purchasing power of money	(9,211,449)	(8,675,638)	(9,611,838)	(27,498,925)
Allowances for loan losses as of 12/31/2024	28,927,266	17,651,463	23,667,691	70,246,420

	Assets Before Allowances			Total
		Stage 1 12-month ECL	Stage 2 Lifetime ECL	Total	Stage 3 Lifetime ECL
Assets Before Allowances as of 12/31/2024	3,132,681,748	101,505,934	38,136,607	3,272,324,289
Transfers:
From Stage 1 to Etapa 2	(109,208,790)	109,208,790	-	-
From Stage 1 to Etapa 3	(25,587,591)	-	25,587,591	-
From Stage 2 to Etapa 3	-	(3,827,519)	3,827,519	-
From Stage 2 to Etapa 1	23,468,386	(23,468,386)	-	-
From Stage 3 to Etapa 2	-	594,012	(594,012)	-
From Stage 3 to Etapa 1	998,848	-	(998,848)	-
Additions	2,643,772,214	-	-	2,643,772,214

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

	Assets Before Allowances			Total
		Stage 1 12-month ECL	Stage 2 Lifetime ECL	Total	Stage 3 Lifetime ECL
Assets Before Allowances as of 12/31/2024	3,132,681,748	101,505,934	38,136,607	3,272,324,289
Collections	(1,455,696,269)	(32,725,641)	(15,486,970)	(1,503,908,880)
Interest accruals	140,520,031	133,001,456	198,179,610	471,701,097
Withdrawn financial assets	(772,578)	(1,029,534)	(53,556,925)	(55,359,037)
Portfolio sale	-	-	(3,225,437)	(3,225,437)
Exchange Differences and Others	165,015,167	4,432,917	1,979,762	171,427,846
Result from exposure to changes in the purchasing power of money	(751,867,333)	(24,273,093)	(5,258,662)	(781,399,088)
Assets Before Allowances as of 12/31/2025	3,763,323,833	263,418,936	188,590,235	4,215,333,004

	Assets Before Allowances			Total
		Stage 1 12-month ECL	Stage 2 Lifetime ECL	Total	Stage 3 Lifetime ECL
Assets Before Allowances as of 12/31/2023	1,666,470,680	98,596,930	35,324,473	1,800,392,083
Transfers:				-
From Stage 1 to Etapa 2	(2,834,413)	2,834,413	-	-
From Stage 1 to Etapa 3	(1,427,261)	-	1,427,261	-
From Stage 2 to Etapa 3	-	(568,681)	568,681	-
From Stage 2 to Etapa 1	3,037,171	(3,037,171)	-	-
From Stage 3 to Etapa 2	-	1,174,440	(1,174,440)	-
From Stage 3 to Etapa 1	44,533	-	(44,533)	-
Additions	1,599,463,850	-	-	1,599,463,850
Collections	(394,526,068)	(17,181,272)	(5,469,398)	(417,176,738)
Interest accruals	260,719,064	54,809,783	22,834,133	338,362,980
Withdrawn financial assets	(148,838)	(119,390)	(15,948,001)	(16,216,229)
Sale of portfolio	-	-	(1,432,008)	(1,432,008)
Exchange Differences and Others	37,597,169	3,056,132	1,385	40,654,686
Result from exposure to changes in the purchasing power of money	(35,714,139)	(38,059,250)	2,049,054	(71,724,335)
Assets Before Allowances as of 12/31/2024	3,132,681,748	101,505,934	38,136,607	3,272,324,289

The following tables explain the classification of loans and other financing by stage corresponding to the Group as of 31 December 2025 and 2024:

	As of December 31, 2025			Total
		Stage 1	Stage 2	Total	Stage 3
Promissory notes	673,808,847	7,957,263	13,338,516	695,104,626
Unsecured corporate loans	382,610,706	18,191,109	29,190,103	429,991,918
Overdrafts	365,482,507	6,104,661	13,501,498	385,088,666
Mortgage loans	358,382,028	7,300,192	5,983,153	371,665,373
Automobile and other secured loans	215,551,019	37,427,997	28,726,436	281,705,452
Personal loans	328,441,991	110,688,266	52,394,303	491,524,560
Credit card loans	281,010,907	61,321,034	31,095,628	373,427,569
Foreign Trade Loans	746,877,760	9,743,300	8,745,221	765,366,281
Other financings	296,384,165	1,299,379	1,560,308	299,243,852
Other receivables from financial transactions	11,657,490	773,410	17,582	12,448,482
Receivables from financial leases	103,116,413	2,612,325	4,037,487	109,766,225
Subtotal	3,763,323,833	263,418,936	188,590,235	4,215,333,004
Allowances for loan losses	(42,780,925)	(54,869,894)	(139,401,097)	(237,051,916)
Total	3,720,542,908	208,549,042	49,189,138	3,978,281,088

	As of December 31, 2024			Total
		Stage 1	Stage 2	Total	Stage 3
Promissory notes	400,928,063	2,981,013	1,343,073	405,252,149
Unsecured corporate loans	396,747,486	6,697,286	6,202,870	409,647,642
Overdrafts	105,253,885	2,886,221	1,625,463	109,765,569
Mortgage loans	338,143,843	11,084,989	1,646,591	350,875,423
Automobile and other secured loans	237,353,241	15,558,661	6,721,393	259,633,295
Personal loans	357,251,201	26,683,595	8,621,232	392,556,028
Credit card loans	345,641,516	15,443,431	5,143,579	366,228,526
Foreign Trade Loans	458,166,456	13,633,001	6,347,375	478,146,832

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

	As of December 31, 2024			Total
	Other financings	409,462,970	1,447,607	Total	34	410,910,611
Other receivables from financial transactions	5,893,740	170,047	15,057	6,078,844
Receivables from financial leases	77,839,347	4,920,083	469,940	83,229,370
Subtotal	3,132,681,748	101,505,934	38,136,607	3,272,324,289
Allowances for loan losses	(28,927,266)	(17,651,463)	(23,667,691)	(70,246,420)
Total	3,103,754,482	83,854,471	14,468,916	3,202,077,869

1.2.9 Write-off policy

The Group derecognizes financial assets. in whole or in part. when it has exhausted all recovery efforts and has concluded that there are no reasonable expectations of recovery. Indicators that there is no reasonable expectation of recovery include (i) the cessation of foreclosure activity and (ii) when the Bank's recovery method is given by the foreclosure of the guarantee and the value of the guarantee is such that there is no reasonable expectation of full recovery.

The Group may derecognize financial assets that are still subject to execution activities. The contractual amounts pending collection of said derecognized assets during the year ended December 31, 2025 and 2024 amount to 54,941,730 and 18,524,763. respectively. The Group seeks to recover the amounts legally owed in full. but which have been partially written off the balance sheet because there is no reasonable expectation of full recovery.


	12.31.2025	12.31.2024
Balance at the beginning of the year	18,524,763	26,040,139
Additions	55,359,037	16,216,229
Disposals
Cash collection	(5,849,652)	(4,678,178)
Portfolio sales	(1,257,310)	(613,618)
Condonation	(3,376,345)	(1,866,310)
Exchange differences and other movements	(8,458,763)	(16,573,499)
Gross carrying amount	54,941,730	18,524,763

1.3.	Consolidation

A subsidiary is an entity (or subsidiary), including structured entities, in which the Group has control because it (i) has the power to manage relevant activities of the subsidiary (ii) has exposure. or rights. to variable returns from its involvement with the subsidiary. and (iii) can use its power over the subsidiary to affect the amount of the investor´s returns. The existence and the effect of the substantive rights. including substantive rights of potential vote. are considered when evaluating whether the Group has power over the other entity. For a right to be substantive. the right holder must have the practical competence to exercise such right whenever it is necessary to make decisions on the direction of the entity’s relevant activities. The Group can have control over an entity. even when it has fewer voting powers than those required for the majority.

Accordingly. the protecting rights of other investors. as well as those related to substantive changes in the subsidiary´ activities or applicable only in unusual circumstances, do not prevent the Group from having power over a subsidiary. The subsidiaries are consolidated as from the date on which control is transferred to the Group, ceasing its consolidation as from the date on which control ceases.

The following chart provides the subsidiaries which are object to consolidation:

Company	Condition	Legal Adress	Principal Activity	Percentage of Participation
								12/31/2025		12/31/2024
								Direct	Direct and Indirect	Direct	Direct and Indirect
Banco Supervielle S.A.	Controlled	Reconquista 330, C.A.BA., Argentina	Commercial Bank	97.12%	99.90% ⁽¹⁾	97.12%	99.90% ⁽¹⁾
Supervielle Asset Management S.A.	Controlled	San Martín 344, C.AB.A., Argentina	Asset Management and Other Services	95.00%	100.00%	95.00%	100.00%
Sofital S.A.U. F. e I.	Controlled	San Martín 344, 16th floor, C.A.B.A., Argentina	Financial operations and administration of marketable securities	100.00%	100.00%	100.00%	100.00%
Espacio Cordial de Servicios S.A.	Controlled	Patricias Mendocinas 769, Ciudad de Mendoza, Argentina⁽²⁾	Trading of products and services	95.00%	100.00%	95.00%	100.00%

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Company	Condition	Legal Adress	Principal Activity	Percentage of Participation
								12/31/2025		12/31/2024
								Direct	Direct and Indirect	Direct	Direct and Indirect
Supervielle Seguros S.A.	Controlled	Reconquista 320, 1st floor, C.A.B.A., Argentina	Insurance company	95.00%	100.00%	95.00%	100.00%
Micro Lending S.A.U.	Controlled	San Martin 344, 16th floor, Buenos Aires	Financial Company	100.00%	100.00%	100.00%	100.00%
InvertirOnline S.A.U.	Controlled	Humboldt 1550, 2^nd floor, department 201, C.AB.A., Argentina	Financial Broker	-	100.00%	-	100.00%
Portal Integral de Inversiones S.A.U	Controlled	San Martín 344, 15^th floor, C.AB.A., Argentina	Representations	-	100.00%	-	100.00%
IOL Holding S.A.	Controlled	Treinta y tres 1271, Montevideo, Uruguay	Financial Company	99.99%	100.00%	99.99%	100.00%
IOL Agente de Valores S.A.	Controlled	Gral Dr. Arturo J Baliñas 1145 Piso 6. Montevideo, Uruguay	Financial Company	-	100.00%	-	100.00%
Supervielle Productores Asesores de Seguros S.A	Controlled	Reconquista 320, 1^st floor, C.AB.A., Argentina	Insurance Broker	95.24%	100.00%	95.24%	100.00%
Bolsillo Digital S.A.U.	Controlled	Reconquista 320, 1st floor, C.A.B.A., Argentina	Computer Services	-	100.00%	-	100.00%
Supervielle Agente de Negociación S.A.U.	Controlled	Bartolomé Mitre 434, 5^th floor, C.AB.A., Argentina	Settlement and Clearing Agent	100.00%	100.00%	100.00%	100.00%

(1) Grupo Supervielle S.A. direct and indirect participation in the votes in Banco Supervielle S.A. amounts to 99.87% at 31/12/25 and 31/12/24.

(2) On October 21, 2021, by means of the Board of Directors' Act, the change of address of the registered office of the Company was resolved by setting it at Avda. Gral. San Martín 731, 1st floor, of the City of Mendoza. The same is pending registration in the Legal Persons and Public Registry of the Province of Mendoza.

(3) On 31 May 2023, the Board of Directors resolved the change of address for the Society’s registered office at San Martin 344, 16th floor in the Autonomous City of Buenos Aires. It is pending registration with IGJ.

1.4.	Transactions with non-controlling interest

Transactions with non-controlling interest are shareholder transactions. In the case of non-controlling acquisitions, the difference between any remuneration paid and the corresponding share in the carrying amount of the net assets acquired from the subsidiary is recognized in equity. Gains and losses on sales of interests, if control is maintained, are also recognized in equity.

1.5.	Associates

Associates are entities over which the Group has considerable influence (directly or indirectly). but not control. generally accompanying a stake of between 20 and 50 percent of the voting rights. Investments in associates are accounted for using the equity method and are initially recognized at cost. The book value of the associates includes the goodwill identified in the acquisition less accumulated impairment losses. if applicable. Dividends received from associated entities reduce the book value of the investment in them. Other changes after the acquisition in the Group's participation in the net assets of an associate are recognized as follows: (i) the Group's participation in the gains or losses of associates is recorded in the income statement as profit or loss. by associates and joint ventures and (ii) the Group's share in other comprehensive income is recognized in the statement of other comprehensive income and is presented separately. However. when the Group's share of losses in an associate equal or exceeds its interest in the associate. the Group will cease to recognize its share of additional losses. unless it has incurred obligations or made payments on behalf of the associate.

Unrealized gains on transactions between the Group and its associates are eliminated to the extent of the Group's participation in the associates; unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the transferred asset.

1.6.	Segment information

An operating segment is a component of an entity that (a) carries out business activities from which it may earn income and incur expenses (including revenues and expenses related to transactions with other components of the same entity), (b) whose operating results are regularly reviewed by management to make decisions about resources to be allocated to the segment and to assess its performance, and (c) for which confidential financial information is available.

Segment information is presented in a manner consistent with internal reports provided to:

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

(i)

Key management personnel, who are the highest authority in operational decision-making and responsible for allocating resources and assessing the performance of operating segments; and

(ii)

The Board of Directors, which makes the strategic decisions for the Group.

1.7.	Foreign currency conversion

(a)	Functional and presentation currency

Figures included in the consolidated financial statements as per each entity of the Group are expressed in the functional currency. that is. in the currency of the main economic setting where it operates. Consolidated financial statements are expressed in Argentine pesos. which is the functional currency and the reporting currency of the Group.

Translation of foreign operations

The results and financial position of the subsidiaries with a functional currency other than the Argentine peso are translated into Grupo Supervielle's functional currency in accordance with the provisions of IAS 21 "Effects of changes in foreign currency exchange rates", as follows:

●

Assets and liabilities, at the closing exchange rate on the date of each consolidated statement of financial position.

●

Income and expenses, at the average exchange rate.

Subsequently, the converted balances were adjusted for inflation in order to present them in the measuring unit current at the end of the reporting year.

All the differences resulting from the translation were recognized in the "Foreign currency translation adjustment" line of the Consolidated Statement of Other Comprehensive income.

In the case of sale or disposal of any of the subsidiaries, the accumulated translation differences must be recognized in the Consolidated Income Statement as part of the gain or loss from the sale or disposal."

(b)	Transactions and balances

Transactions in foreign currency are translated into the functional currency using the exchange rates published by the Argentine Central Bank at the dates of the transactions. Gains and losses in foreign currency resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currency at year end exchange rates, are recognized in the income statement, under "Exchange rate differences on gold and foreign currency".

Balances are valued at the reference exchange rate of the US dollar defined by the B.C.R.A., in effect at the close of business on the last business day of each month.

As of December 31, 2025 and 2024, the balances in U.S. dollars were converted at the reference exchange rate determined by the Argentine Central Bank. In the case of foreign currencies other than U.S. dollars, they have been converted to this currency using the exchange rates derived from repo transactions reported by the Argentine Central Bank.

1.8.	Cash and due from banks

Cash and due from Banks includes available cash and unrestricted deposits held in Banks, which are short-term liquid instruments and have original maturities of less than three months.

Assets recorded in cash and due from Banks are recorded at amortized cost which is close to its fair value.

Cash equivalents are made up by highly liquid short-term securities with three-month or shorter initial maturities, with fair value rating.

1.9.	Financial instruments

Initial Recognition and measurement

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Financial assets and financial liabilities are recognized when the entity becomes a party to the contractual provisions of the instrument. Purchases and sales of financial assets are recognized on trade-date, the date on which the Group commits to purchase or sell the asset.

At initial recognition. the Group measures a financial asset or liability at its fair value plus or minus. in the case of a financial asset or financial liability not at fair value through profit or loss, transaction costs that are incremental and directly attributable to the acquisition or issue of the financial asset or financial liability. such as fees and commissions.

When the fair value of financial assets and liabilities differs from the transaction price on initial recognition. the Group recognizes the difference as follows:

When the fair value is evidenced by a quoted price in an active market for an identical asset or liability or based on a valuation technique that only uses data from observable markets, the difference is recognized as a gain or loss.

In all other cases. the difference is deferred. and the timing of recognition of deferred day one profit or loss is determined individually. It is either amortized over the life of the instrument until its fair value can be determined using market observable inputs or realized through settlement.

Financial Assets

a – Debt Instruments

Debt instruments are those instruments that meet the definition of a financial liability from the issuer’s perspective, such as loans, government and corporate bonds, and accounts receivables purchased from clients in non-recourse factoring transactions.

Classification

Pursuant to IFRS 9, the Entity classifies financial assets depending on whether these are subsequently measured at amortized cost, fair value through other comprehensive income or fair value through profit or loss. based on:

the Group’s business model for managing financial assets, and;

the cash-flows characteristics of the financial asset

Business Model

The business model refers to the way in which the Group manages a set of financial assets to achieve a specific business objective. It represents the way in which the Group maintains the instruments for the generation of funds.

The business models that the group can follow are the following:

Hold the instruments until maturity;

Keep the instruments in portfolio for the collection of the flow of funds and, in turn, sell them if convenient; or

Maintain the instruments for their negotiation.

The Group determines its business model at the level that best reflects how it manages groups of financial assets to achieve a specific business objective.

The business model of the Group does not depend on the management’s intentions for an individual instrument. Therefore, this business model is not evaluated instrument by instrument, but at a higher level of aggregated portfolios and is based on observable factors such as:

How the business model’s return is evaluated and how financial assets held in that business model are evaluated and reported to the Group’s key personnel.

The risks affecting the business model’s return (and financial assets held in that business model) and, particularly, the way these risks are managed.

How the Group’s key personnel are compensated (for instance. if salaries are based on the fair value of the assets managed or on contractual cash flows collected)

The expected frequency, the value, moment and reasons of sales are also important aspects.

The evaluation of the business model is based on reasonably expected scenarios, irrespective of worst-case or stress case scenarios. If after the initial recognition cash flows are realized in a different manner from the original expectations, the Group will not change the classification of the remaining financial assets held in that business model, but it will consider

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

such information for evaluating recent purchases or originations. An instrument’s reclassification is only made when. and only when, an entity changes its business model for managing financial assets.

Contractual Cash Flow Characteristics

Where the business model is to hold assets to collect contractual cash flows or to collect contractual cash flows and sell, the Group assesses whether the financial instruments’ cash flows represent solely payments of principal and interest. Where the contractual terms introduce exposure to risk or volatility that are inconsistent with a basic lending arrangement, the related financial asset shall be classified and measured at fair value through profit or loss.

Based on the aforementioned. there are three distinct categories of Financial Assets:

i)Financial assets at amortized cost.

Financial assets shall be measured at amortized cost if both of the following conditions are met:

(a)	The financial asset is held within a business model whose objective is to hold the assets financial to obtain contractual cash flows and,

(b)	contractual terms of the financial asset give rise to cash flows at specified dates that are only principal payments and interest on the amount of outstanding principal.

These financial instruments are initially recognized at fair value plus incremental and directly attributable transaction costs and are subsequently measured at amortized cost.

The amortized cost of a financial asset is equal to its acquisition cost less its accumulated amortization plus accrued interest (calculated according to the effective rate method), net of any impairment loss. The effective interest method uses the rate that allows discounting the future cash flows that are estimated to be received or paid in the life of the instrument or a shorter period, if appropriate. equaling the net book value. When applying this method, the Group identifies the incremental direct costs as an integral part of the effective interest rate.

ii)Financial assets at fair value through other comprehensive income:

Financial assets shall be measured at fair value through other comprehensive income when:

(a)	the financial asset is maintained within a business model whose objective is achieved by obtaining contractual cash flows and selling financial assets; and

(b)	the contractual terms of the financial asset give rise to cash flows at specified dates that are only principal payments and interest on the amount of outstanding principal.

These instruments shall be initially recognized at fair value plus or minus transaction costs that are incremental and directly attributable to the acquisition or issue of the instrument and subsequently measured at fair value through other comprehensive income. Gains and losses arising out of changes in fair value shall be included in other comprehensive income within a separate component of equity. Impairment gains or losses or reversal, interest revenue and foreign exchange gains and losses on the instrument’s amortized cost shall be recognized in profit or loss. At the time of sale or disposal, the cumulative gain or loss previously recognized in other comprehensive income is reclassified from equity to the income statement. Interest income from these financial assets is determined using the effective interest rate method.

iii)Financial assets at fair value through profit or loss:

Financial assets at fair value through profit or loss comprise:

Instruments held for trading

Instruments specifically designated at fair value through profit or loss

Instruments with contractual cash-flows that do not represent solely payments of principal and interest

These financial instruments are initially recognized at fair value and any change in fair value measurement is charged to the income statement.

The Group classifies a financial instrument as held for trading if such instrument is acquired or incurred for the main purpose of selling or repurchasing it in the short term, or it is part of a portfolio of financial instruments which are

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

managed together and for which there is evidence of short-term profits or if it is a derivative financial instrument not designated as a hedging instrument. Derivatives and trading securities are classified as held for trading and are measured at fair value.

The fair value of these instruments was calculated using the quotes in force at the end of each fiscal year in active markets, if representative. In the absence of an active market, valuation techniques were used that included the use of market operations carried out under conditions of mutual independence, between interested and duly informed parties. whenever available, as well as references to the current fair value of another instrument that is substantially similar, or discounted cash flow analysis. The estimation of fair values is explained in greater detail in the section “critical accounting policies and estimates.”

In addition. financial assets may be valued (“designated”) at fair value through profit or loss when, by doing so, the Group eliminates or significantly reduces a measurement or recognition inconsistency.

b – Equity Instruments

Equity instruments are instruments that do not contain a contractual obligation to pay and that evidence a residual interest in the issuer’s net assets.

Such instruments are measured at fair value through profit and loss, except where the Group’s senior management has elected, at initial recognition. to irrevocably designate an equity investment at fair value through other comprehensive income. This option is available when instruments are not held for trading. The gains or losses of these instruments are recognized in other comprehensive income and are not subsequently reclassified to profit or loss. including on disposal. Dividends that result from such instrument will be charged to income when the Group’s right to receive payments is established.

Derecognition of Financial Assets

The Group recognizes the write-off of financial assets only when any of the following conditions are met:

The rights on the financial asset cash flows have expired; or

The financial asset is transferred pursuant to the requirements in 3.2.4 of IFRS 9.

The Group derecognizes financial assets that have been transferred only when the following characteristics are met:

The contractual rights to receive the cashflows from the assets have expired or when they have been transferred and the Group transfers substantially all the risks and rewards of ownership.

The Entity retains the contractual rights to receive cash flows from assets but assumes a contractual obligation to pay those cash flows to other entities and transfers substantially all the risks and rewards. These transactions result in derecognition if the Group:

a.Has no obligation to make payments unless it collects amounts from the assets;

b.Is prohibited from selling or pledging the financial assets;

c.Has an obligation to remit any cash it collects from the assets without material delay.

Financial Liabilities

Classification

The Group classifies its financial liabilities as subsequently measured at amortized cost using the effective rate method. except for:

Financial liabilities at fair value through profit or loss.

Financial liabilities arising from the transfer of financial assets which did not qualify for derecognition.

Financial guarantee contracts and loan commitments.

Commitments to grant loans at rates below the market rate

Financial Liabilities valued at fair value through profit or loss: At initial recognition, the Group can designate a liability at fair value through profit or loss if it reflects more appropriately the financial information because:

The Group eliminates or substantially reduces an accounting mismatch in measurement or recognition inconsistency; or

if financial assets and financial liabilities are managed and their performances assessed on a fair value basis according to an investment strategy or a documented risk management; or

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

if a host contract contains one or more embedded derivatives and the Group has opted for designating the entire contract at fair value through profit or loss.

Financial guarantee contract: A guarantee contract is a contract which requires the issuer to make specified payments to reimburse the holder for a loss it incurs because a specified debtor fails to make payments when due, in accordance with the terms of a debt instrument.

Financial guarantee contracts and loan commitments are initially measured at fair value and subsequently measured at the higher of the amount of the loss allowance and the unaccrued premium at year end.

Derecognition of financial liabilities

The Group derecognizes financial liabilities when they are extinguished; this is, when the obligation specified in the contract is discharged, cancelled or expires (See note 1.25)

1.10.

Derivative financial instruments

Derivatives are initially recognized at their fair value on the date on which the derivative contract is entered into and are subsequently remeasured at fair value.

All derivative instruments are recognized as assets when their fair value is positive, and as liabilities when their fair value is negative. Any change in the fair value of derivative instruments is included in the income statement.

The Group does not apply hedge accounting.

1.11.

Repo Transactions

Sale and repurchase agreements ("pass transactions"), which effectively provide the lender's return to the counterparty. are treated as collateralized financing transactions. Securities sold under such sale and repurchased agreements are not derecognized. Securities are not reclassified in the statement of financial position unless the transferee has the contractual or customary right to sell or replace the securities, in which case they are reclassified as repurchase accounts receivable. The corresponding liability is presented under Financing received from the B.C.R.A. and other Financial Institutions.

Securities purchased under resale agreements ("active repo operations"), which effectively provide the lender's return to the Group, are recorded as debts under the item Financing received from the B.C.R.A. and other Financial Institutions.

The difference between the sale price and the repurchase price or the purchase price and the resale price, adjusted for interest and dividends received by the counterparty or by the Group make up the transaction premium, which is treated as interest income or expense and are accrued over the life of the repo agreements using the effective interest method.

1.12.

Leases

Group as lessor

Operating leases

Leases where the lessor retains a substantial portion of the risks and rewards of ownership are classified as operating leases. Payments made under operating leases (net of lease incentives) are recognized in profit or loss on a straight-line basis over the term of the lease. In addition. the Group recognizes the associated costs such as amortization and expenses.

The historical cost includes expenditures that are directly attributable to the acquisition of these items and those expenses are charged to profit or loss during the lease term.

The depreciation applied to the leased underlying assets is consistent with the one applied to similar assets’ group. In turn, the Group applies IAS 36 for the application of identified losses

Finance leases

They have been recorded at the current value of the unearned amounts, calculated according to the conditions agreed in the respective contracts, based on the interest rate implicit in them.

Initial measurement

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

The Group uses the interest rate implicit in the lease to measure the net investment. This is defined in such a way that the initial direct costs are automatically included in the net investment of the lease.

Initial direct costs, other than those incurred by manufacturers or concessionaires, are included in the initial measurement of the net investment of the lease and reduce the amount of income recognized over the term of the lease. The interest rate implicit in the lease is defined in such a way that initial direct costs are automatically included in the net investment in the lease; there is no need to add them separately.

The difference between the gross amount receivable and the present value represents the finance income that is recognized over the term of the lease. Finance income from leases is recorded in profit or loss for the year. Impairment losses are recognized in income for the year.

See accounting policy related to those leases in which the Group acts as lessee in note 12 to these consolidated financial statements.

1.13.

Property, plant, and equipment

Basis of measurement used

Property, plant, and equipment is measured at historical cost less depreciation, except for land and buildings, where Grupo Supervielle adopted the revaluation model. The historical cost includes expenditure that is directly attributable to the acquisition or building of these items.

All other property, plant and equipment were valued at acquisition or construction cost, net of accumulated depreciation and / or accumulated impairment losses, if any, except for real estate, for which Grupo Supervielle adopted the revaluation method. The cost includes the expenses that are directly attributable to the acquisition or construction of these items.

The subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to Grupo Supervielle, and the cost of the item can be measured reliably. The carrying amount of an asset is derecognized when replaced.

Repairs and maintenance expenses are charged to profit or loss when they are incurred.

Depreciation methods used

Depreciation is calculated using the straight-line method, applying annual rates sufficient to extinguish the values of assets at the end of their estimated useful lives. In those cases, in which an asset includes significant components with different useful lives, such components are recognized and depreciated as separate items.

The following chart presents the useful life for each item included in property, plant, and equipment:

Property, plant, and equipment	Estimated useful life
Buildings	50 Years
Furniture	10 Years
Machines and equipment	5 Years
Vehicles	5 Years
land	not amortized
Work in progress	not amortized

The residual values of property, plant and equipment, the useful lives and the depreciation methods are reviewed and adjusted, if necessary, at the closing date of each fiscal year or when there are indications of impairment.

The carrying amount of property, plant and equipment is immediately reduced to its recoverable amount when the carrying amount is greater than the estimated recoverable amount.

Result from sale

The results for the sale of property, plant and equipment are calculated by comparing the income obtained with the book value of the respective asset. The resulting profits or losses are recorded in the consolidated statement of comprehensive income.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Buildings- Revaluation and historical cost

The following table reveals the following information related to the class of assets that have been accounted for at their revalued value, as well as the book values that would have been recognized if the assets had been accounted for under a cost model:

Class

12/31/2025

Appraiser

Revaluation date

Revaluation Adjustment – OCI accumulated

Carrying amount if it had been recorded under the Cost Model

At the Beginning of the year

Change of year

At the End of the year

Buildings

Serinco

12/31/2025

79,291,225

(266,908)

79,024,317

49,030,842

CM Ingeniería en Valuaciones

Reporte Inmobiliario

Menendez CJ

Class

12/21/2024

Appraiser

Revaluation date

Revaluation Adjustment – OCI accumulated

Carrying amount if it had been recorded under the Cost Model

At the Beginning of the year

Change of year

At the End of the year

Buildings

Serinco

12/31/2024

83,494,884

(6,566,679)

76,928,205

45,168,389

The revaluation of the entity's land and buildings resulted in a deficit of $266,908 as of December 31, 2025, and a deficit of $6,566,679 as of December 31, 2024. Adding these to their historical cost and net of revaluation depreciation, the totals for this asset class are $75,161,864 and $76,928,205 as of December 31, 2025 and 2024, respectively.

In fiscal year 2025, the sums of $122,284 were allocated to Other Comprehensive Income (OCI), $55,040 to Other Operating Income, and $444,232 to Depreciation and Impairment of Assets.

Investment properties

a)Measurement bases used

Investment properties are composed of buildings held for obtaining a rent or for capital appreciation or both but is never occupied by the Group.

Investment properties are measured at its fair value, and any gain or loss arising from a change in the fair value is recognized in profit or loss. Investment properties are never depreciated. The fair value is determined using sales comparison approach prepared by the Group’s management considering a report of an independent valuation expert. The sales prices of comparable properties are adjusted considering the specific aspects of each property, with the most relevant premise being the price per square meter (Level 3).

Investment properties under the cost approach reflect the amount that would be required to replace the service capacity of the asset. They were valued at acquisition or construction cost, net of accumulated depreciation and / or accumulated depreciation losses. The cost includes expenses that are directly attributable to the acquisition or construction of these items.

Below are the figures included in the results of the year for Investment Properties:

	12/31/2025	12/31/2024
Income derived from rents (rents charged)	360,657	346,491
Direct operating expenses of properties that generated income derived from rents	(37,749)	(94,650)
Fair value remeasurement	(668,493)	(13,403,341)

The net income generated by investment properties as of December 31, 2025 and 2024 amounts to a loss of $345,585 and a loss of $13,151,500 respectively, and is recognized under "Other operating income", "Administration expenses" and “Other operating expenses" in the consolidated comprehensive income statement.

Gain and losses on disposals are determined by comparing proceeds with the carrying amount.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

1.14.

Intangible Assets

(a)	Goodwill

Goodwill resulting from the acquisition of subsidiaries, associates or joint ventures account for the excess of the:

(i)

the cost of an acquisition, which is measured as the sum of the consideration transferred, valued at fair value at the acquisition date plus the amount of non-controlling interest; and

(ii)

the fair value of the identifiable assets acquired, and the liabilities assumed of the acquiree.

Goodwill is included in the intangible assets item in the consolidated financial statement.

Goodwill is not amortized. The Group evaluates annually, or when there are signs of impairment, the recoverability of goodwill based on discounted future cash flows plus other information available at the date of preparation of the consolidated financial statements. Impairment losses, once recorded, are not reversed. Gains and losses on the sale of an entity include the balance of goodwill related to the entity sold.

Goodwill is assigned to cash-generating units for the purpose of performing recoverability tests. The allocation is made among those cash-generating units (or groups of units), identified according to the operating segment criteria, which benefit from the business combination from which the goodwill arose.

(b)	Software

Costs associated with software maintenance are recognized as an expense when incurred. Development, acquisition, and implementation costs that are directly attributable to the design and testing of the identifiable and unique software that the Group controls are recognized as assets.

The development, acquisition or implementation costs initially recognized as expenses for a period are not subsequently recognized as the cost of the intangible asset. The costs incurred in the development, acquisition, or implementation of software, recognized as intangible assets, are amortized by applying the straight-line method over their estimated useful lives, in a term that does not exceed five years.

(c)	Trademarks and licenses

Trademarks and licenses acquired separately are initially valued at historical cost, while those acquired through a business combination are recognized at their estimated fair value at the acquisition date.

Intangible assets with a finite useful life are subsequently carried at cost less accumulated depreciation and / impairment losses, if any. These assets are tested for impairment annually or more frequently if events or changes in circumstances indicate that it might be impaired.

Trademarks acquired by the Group have been classified as intangible assets with an indefinite useful life. The main factors considered for this classification include the years in which they have been in service and their recognition among industry customers.

Intangible assets with an indefinite useful life are those that arise from contracts or other legal rights that can be renewed without a significant cost and for which, based on an analysis of all the relevant factors, there is no foreseeable limit of the period over which the asset is expected to generate net cash flows for the Group. These intangible assets are not amortized but are tested for impairment annually or more frequently if events or changes in circumstances indicate that they might be impaired, either individually or at the level of the cash generating unit. The categorization of the indefinite useful life is reviewed annually to confirm if it is still applicable.

Impairment losses are recognized when the book value exceeds its recoverable value. The recoverable value of the assets corresponds to the greater of the recoverable value of the asset or its value in use. For purposes of the impairment test, assets are grouped at the lowest level at which they generate identifiable cash flows (cash-generating units). Impairments of these non-financial assets - other than goodwill - are reviewed at each reporting date to verify possible reversals.

Goodwill impairment

Goodwill is assigned to the Group's cash generating units based on the operating segments.

	12/31/2025	12/31/2024
Supervielle Seguros S.A.	254,055	254,055
Banco Regional de Cuyo S.A.	1,332,013	1,332,013

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

InvertirOnline S.A.U. / Portal Integral de Inversiones S.A.U.	48,420,107	48,420,107
Micro Lending S.A.U.	26,665,950	26,665,950
Supervielle Agente de Negociación S.A.U.	134,475	134,475
Others	616,804	616,804
Total	77,423,404	77,423,404

The recoverable amount of a cash generating unit is determined based on use value calculations. These calculations use cash flow projections based on approved financial budgets covering a period of five years.

The main key assumptions are related to marginal contribution margins. These were determined based on past results, other external sources of information and their expectations of market development.

The discount rates used were 13.2% and are the respective average cost of capital ("WACC"), which is considered a good indicator of the cost of capital. For each cash generating unit, where the assets are assigned, a specific WACC was determined considering the industry, the country, and the size of the business.

The main macroeconomic premises used, the amount of MILA financing and IOL operating income are detailed below:

	Real	Forecast	Forecast	Forecast	Forecast	Forecast
	2025	2026	2027	2028	2029	2030
Inflation (end of year)	31.5%	21.6%	9.4%	6.2%	6.2%	6.2%
Inflation (average)	113.5%	24.4%	14.9%	7.2%	6.2%	6.2%
Cost of funding (average)	35.7%	26.1%	19.4%	14.4%	10.8%	7.3%
Loan’s interest rate (average)	51.4%	41.8%	33.6%	27.3%	22.7%	18.4%
Micro Lending financing volume	320,727	428,203	640,505	816,865	944,049	1,079,512
InvertirOnline' operating income	41,599	70,116	91,977	113,173	140,540	172,616

Business keys have been tested at the date of the financial statements, and no impairment losses have been identified.

The sensitivity analysis of the cash-generating units to which the goodwill was allocated was based on a 5% increase in the weighted average cost of capital. The Group concluded that it would not be necessary to recognize any impairment loss on goodwill in the segment under these conditions.

1.15. Depreciation of non-financial assets

Assets with an indefinite useful life are not subject to depreciation and are tested annually for depreciation. Unlike the previous assumption, assets that are depreciable are subject to depreciation tests when events or circumstances occur which indicate that their book value may not be recovered or, at least, on an annual basis.

Depreciation losses are recognized when the carrying amount exceeds its recoverable amount. The recoverable amount of the assets is the greater of the net amount that would be obtained from their sale or their value in use. For the purposes of the depreciation test, assets are grouped at the lowest level where they generate identifiable cash flows (cash-generating units). The book value of non-financial assets other than the key asset on which a depreciation has been recorded is reviewed at each reporting date for possible reversals of depreciations.

1.16. Trust assets

Assets held by the Group in its fiduciary role are not reported in the consolidated statement of financial position unless it is considered that the Group has control over the trust. Commissions received from fiduciary activities are shown as commission income.

1.17. Compensation

Financial assets and liabilities are offset by reporting the net amount in the consolidated statement of financial position only when there is a legally enforceable right to set off amounts recognized, and there is an intention to settle on net terms or realize the asset and settle the liability simultaneously.

1.18. Financing received from the Argentine Central Bank and other Financial Institutions

Amounts owed to other financial institutions are recorded at the time the capital is advanced to the Group by the bank. The non-derivative financial liability is measured at amortized cost. If the Group recovers its own debt, it is removed from the consolidated financial statements and the difference between the residual value of the financial liability and the amount paid is recognized as a financial income or outflow.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

1.19. Provisions / Contingencies

A provision will be recognized when:

an entity has a present obligation (legal or implicit) because of past event;

it is probable that an outflow of resources embodying future economic benefits will be required to settle the obligation; and

the amount can be reliably estimated.

An Entity will be deemed to have an implicit obligation where (a) the Group has assumed certain responsibilities because of past practices or public policies and (b) as a result, the Group has created an expectation that it will discharge those responsibilities

The Group recognizes the following provisions:

For labor, civil, and commercial lawsuits: provisions are calculated based on lawyers’ reports about the status of the proceedings and the estimate about the potential losses to be afforded by the Group, as well as on the basis of past experience in this type of claims.

For miscellaneous risks: These provisions are set up to address contingencies that may trigger obligations for the Group. In estimating the provision amounts, the Group evaluates the likelihood of occurrence taking into consideration the opinion of its legal and professional advisors.

The Group does not account for positive contingencies, other than those arising from deferred taxes and those contingencies whose occurrence is virtually certain.

International Financial Reporting Standards provide that a contingent liability consists of (i) a potential obligation arising from past events, the existence of which is to be confirmed by the occurrence of one or more future events of an uncertain nature, which are not under the control of the Entity or (ii) a present obligation that is not likely or cannot be measured or estimated with sufficient reliability. Provisions are recognized as a liability when they represent present obligations arising on the basis of past events and an outflow of economic resources is likely to be generated in order to meet their payment.

As of the date of these consolidated financial statements, the Group's management believes there are no elements leading to determine the existence of contingencies that might be materialized and have a negative impact on these consolidated financial statements other than those disclosed in Note 15.

1.20. Other non-financial liabilities

Non-financial accounts payable are accrued when the counterparty has fulfilled its contractual obligations and are measured at amortized cost.

1.21. Employee benefits

Provisions related to early retirement plans are established. The liability related to these plans and benefits is not expected to be settled in the next 12 months. Therefore, they are measured at the present value of the future flows of funds that are expected to be realized with respect to the services provided by employees until the end of the year using the unit of credit method. The level of salaries, experience, and separations, as well as years of service, are considered. Expected future payments are discounted using the market rate at the end of the year corresponding to sovereign bonds with terms and currency that match the expected flows. Remeasurements because of experience and changes in actuarial premises are recognized in results.

Provisions for short-term benefits are measured at the present value of the disbursements that are expected to be required to settle the obligation using a pre-tax interest rate that reflects current market conditions on the value of money and the specific risks for said obligation. obligation. The increase in the provision for the passage of time is recognized in the net financial results caption of the consolidated statement of comprehensive income.

Termination benefits are payable when employment is terminated by the Group before the normal retirement date, or when an employee accepts voluntary redundancy in exchange for these benefits. The group recognizes termination benefits at the earlier of the following dates: (a) when the Group can no longer withdraw the offer of those benefits; and (b) when the entity recognizes costs for a restructuring that is within the scope of IAS 37 and involves the payment of terminations benefits. In the case of an offer made to encourage voluntary redundancy, the termination benefits are

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

measured based on the number of employees expected to accept the offer. Benefits falling due more than 12 months after the end of the reporting year are discounted to present value.

Non-financial accounts payable are accrued when the counterparty has complied with its obligations under the contract and are valued at amortized cost.

1.22. Debt Securities

Subordinated and unsubordinated Debt Securities issued by the Group are measured at amortized cost. Where the group buys back its own debt securities, such obligations will be derecognized from the Consolidated Financial Statements and the difference between the residual value of the financial liability and the amount paid will be recognized as financial income or expenses.

For more information on the Group’s debt issues see Note 18.5 Bond Issue Negotiable.

1.23. Assets and liabilities derived from insurance contracts

Grupo Supervielle applies IFRS 17 "Insurance contracts" to recognize and measure assets and liabilities arising from insurance contracts.

Main accounting policies applied - Insurance contracts

Insurance contracts

Insurance contracts are contracts under which the Group accepts a significant insurance risk from a policy holder by agreeing to compensate the policy holder if a specific uncertain future event adversely affects the policy holder. In making this assessment, all rights, and obligations of a material nature, including those arising from laws or regulations, are treated as contract by contract. The Group uses its judgement to assess whether a contract transfers insurance risk (i.e., if there is a commercial-substance scenario in which the Group has the possibility of suffering a loss based on present value) and whether the accepted insurance risk is significant.

Separation of components

Contracts that have a legal form of insurance but do not transfer significant insurance risk and expose the Group to financial risks are classified as investment contracts and follow the accounting for financial instruments in accordance with IFRS 9. The Group has assessed whether it accepts in its contracts a significant insurance risk from another party, agreeing to compensate the policy holder if an uncertain future event occurs that adversely affects the policy holder. This assessment has concluded that all insurance contracts that were within the scope of IFRS 4 meet the definition of an insurance contract and therefore the introduction of IFRS 17 does not entail any reclassification.

Level of aggregation

The Group aggregates insurance contracts considering whether they are subject to similar risks and are managed jointly, whether they are onerous or non-onerous contracts, and their year of issue, grouping by this last criterion contracts issued in the calendar year, between January 1^st and December 31^st of each year.

Measurement model

IFRS 17 includes three measurement models, which reflect a different degree of participation by policy holders in the investment performance or the overall performance of the insurer: the general measurement model (GMM, also known as block approach construction), variable rate approach (VFA) and premium allocation approach (PAA).

In the measurement of insurance contracts, the Group has decided to apply the Simplified Model (Premium Allocation Approach) because for the remaining liability coverage of contracts that have a coverage period of one year or less, or for contracts with a duration of more than one year, no material valuation different from the General Model is expected.

Under the simplified approach, the Group assumes that such contracts are not onerous at initial recognition unless the facts and circumstances indicate otherwise. If the facts and circumstances indicate that some contracts are onerous, an additional assessment is made to distinguish onerous from non-onerous contracts. For non-onerous contracts, the Group assesses the likelihood of changes in applicable facts and circumstances in later periods to determine whether the contracts have a significant chance of becoming onerous.

Remaining coverage liability - simplified model

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Under the simplified model, the residual liability of coverage is formed by premiums received (collected), less cash flows from insurance purchases paid, plus or minus the imputation to profit or loss of expected premiums or acquisition flows, respectively. The recognition of gains or losses is carried out in a linear manner over the entire contract coverage period if the accrual of income is also linear. By default, the Group has chosen to defer acquisition costs, although it is also possible to recognize such costs when incurred.

The Group does not adjust the remaining coverage liability of insurance contracts issued for the effect of the time value of money, because insurance premiums are due within the coverage period of the contracts, which is one year or less.

Liability for incurred claims - simplified model

Groups of contracts measured under the simplified model have a liability for claims incurred calculated similarly to the general model. Under this method, future cash flows are adjusted for the value of money over time. In addition, the risk adjustment for non-financial risk is applied to the present value of estimated future cash flows and reflects the compensation that the Group requires for the lasting uncertainty about the amount and timing of the extent to which the Group complies with its insurance contracts.

Discount rate

In determining discount rates for various products, the Group uses a top-down approach. In applying this approach, the Group uses the yield curve created by the market rates of return implicit in the fair value of a reference asset portfolio and adjusts it to exclude the effects of risks on assets, but not in insurance cash flows, except for liquidity differences, which do not need to be eliminated.

Cash flows were discounted at a target rate of 4 % on investments in local instruments at constant values, with maturities and currency coinciding with expected flows.

Risk adjustment for non-financial risk

The risk adjustment for non-financial risk represents the required compensation for enduring uncertainty about the amount and timing of associated cash flows. To estimate the adjustment for non-financial risk, the Group has used its own methodologies based on calculations of the Value in Risk (VaR) of commitments associated with the Life and Non-Life businesses, using a confidence level of 75%.

Reinsurance

Generally, the Group values reinsurance hedges under the Simplified Model, measuring the asset for residual coverage of contracts with a coverage period equal to or less than one year, or in those contracts with a duration greater than one year, but that a significantly different valuation to the General Model is not expected. This method also includes the claim asset.

Profit from insurance activities

Insurance income reflects the consideration to which the Group expects to be entitled in exchange for the provision of coverage and other services under the insurance contract. Insurance service expenses include claims incurred and other insurance service expenses incurred, and losses on onerous groups of contracts and reversals of such losses.

The Group applies the accounting policy set out in IFRS 17.86 and presents the financial performance of groups of reinsurance contracts held on a net basis on the net income (expense) of reinsurance contracts held.

Generally, for the presentation of financial income or expenses arising from insurance contracts that arise as a result of the effect of the time value of money and the effect of financial risk, the Group does not disaggregate changes in the adjustment for non-financial risk between insurance service income and insurance finance income or expenses.

The Group includes in its profit and loss all financial income or insurance expenses for the year.

1.24. Capital and capital adjustments

The accounts included in this item are expressed in currency that has not contemplated the variation of the price index since February 2003, except for the "Capital Stock" item, which has been maintained at its nominal value.

Common shares are classified in equity and are recorded at face value.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

As indicated in note 25 to the consolidated financial statements, the Company's Board of Directors approved the repurchase of securities issued by the Company and established the terms and conditions for the acquisition of treasury shares issued by the Company. The cost of treasury shares in the portfolio is disclosed as part of the Capital within the Statement of Changes in Net Equity, after the Share Capital, Capital Adjustment and Share Premiums.

1.25. Reserves and Dividend distribution

Pursuant to provisions set by the Argentine Corporations law, the Group and its subsidiaries, other than Banco Supervielle, are required to appropriate 5% of the net income for the fiscal year to the legal reserve until such reserve is equal to 20% of Capital stock, plus the balance of the Capital Adjustment account.

As concerns Banco Supervielle, according to the regulations set forth by the Argentine Central Bank, 20% of net income for the fiscal year, net of previous years’ adjustments, if any, is required to be appropriated to the legal reserve. Notwithstanding the aforementioned, in appropriating amounts to other reserves, Financial Institutions are required to comply with the provisions laid down by the Argentine Central Bank in the revised text on distribution of dividends described in Note 18.6.

Given the repurchase of treasury shares carried out by the Company, described in note 25, the Group has a restriction on the distribution of results and/or reversal of free reserves of 15,505,688 (figure expressed in thousands of $) equivalent to the cost of acquisition of own shares.

The distribution of dividends to the Group’s shareholders is recognized as a liability in the consolidated financial statements for the fiscal year in which the Group’s Shareholders approve dividends.

1.26. Share-Based Compensation

The Group provides some employees with compensation through share options, whereby they receive equity instruments as consideration (“Share-Based Compensation Transactions Settled by Equity Instruments”).

Share-Based Compensation Transactions Settled by Equity Instruments

On May 7, 2025, the Company’s Board of Directors approved a Share Option Plan designed to align the performance of key personnel with the Company’s strategic objectives, strengthen talent retention, and incentivize the creation of long-term, sustainable value for shareholders. The Plan includes the following mechanism to reward and retain key personnel:

(i) Share Option (“SOP”)

The share option plan grants the participant the right to purchase a certain number of shares during a specified period. The cost of the stock purchase plan settled with equity instruments is measured as of the granting date (see Note 26), taking into account the specific terms and conditions of the plan. The cost of the settled compensation is recognized in the statement of profit or loss under the heading "Employee benefits" in the line item "Share-based payments".

1.27. Revenue Recognition

Financial income and expense are recognized in respect of all debt instruments in accordance with the effective interest rate method, pursuant to which all gains and losses which are an integral part of the transaction effective interest rate are deferred.

The results that are included within the effective rate include expenditures or income related to the creation or acquisition of a financial asset or liability, such as compensation received for the analysis of the client's financial condition, negotiation of the terms of the instrument, the preparation and processing of the documents necessary to conclude the transaction and the compensations received for the granting of credit agreements that are expected to be used by the client. The Group records all its non-derivative financial liabilities at amortized cost, except those included in the caption "Liabilities at fair value through profit or loss", which are measured at fair value.

It should be noted that the commissions that the Group receives for the origination of syndicated loans are not part of the effective rate of the product, being these recognized in the Statement of Income at the time the service is provided, as long as the Group does not withhold part of it, or this is kept in the same conditions as the rest of the participants. The

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

commissions received by the Group for the negotiations in the transactions of a third party are not part of the effective rate either, these being recognized at the time they are perfected.

IFRS 15 establishes the principles that an entity must apply to account for income and cash flows from contracts for the sale of goods or services to its customers.

The amount to be recognized will be that which reflects the payment to which it is expected to be entitled for the services provided.

The income from the Group's services is recognized in the income statement in accordance with the fulfillment of performance obligations, thus deferring those income related to customer loyalty programs, which are provisioned based on the fair value of the point and its redemption rate, until they are exchanged by the client and can be recognized in the results of the year.

Below is a summary of the main commissions earned by the Group:

Commission	Frequency of revenue recognition
Account maintenance	Monthly
Safe deposit boxes	Semi-annual
Issuing Bank	Event driven
Credit Card renewal	Annual
Check management	Event driven

Income from investment property rentals is recognized in the consolidated statement of comprehensive income based on the straight-line method over the term of the lease, in accordance with the provisions of note 1.12.

1.28. Income tax

Income tax expense for the year includes current and deferred tax. Income tax is recognized in the consolidated statements of income, except for items required to be recognized directly in other comprehensive income. In this case, the income tax liability related to such items is also recognized in such statement.

Current income tax expense is calculated based on the tax laws enacted or substantially enacted as of the date of the Statement of Financial Position in the countries where the Company and its subsidiaries operate and generate taxable income. The Group periodically assesses the position assumed in tax returns in connection with circumstances in which the tax regulation is subject to interpretation. The Group sets up provisions in respect of the amounts expected to be required to pay to the tax authorities.

Deferred income tax is recognized, using the deferred tax liability method, on temporary differences arising from the carrying amount of assets and liabilities and their tax base. However, the deferred tax arising from the initial recognition of an asset or liability in a transaction other than a business combination which, at the time of the transaction does not affect income or loss for accounting or tax purposes, is not recorded. Deferred income tax is determined using tax rates (and laws) enacted as of the date of the Financial Statements and that are expected to be applicable when the deferred tax assets are realized, or the deferred tax liabilities are settled.

Deferred income tax assets are recognized only to the extent future tax benefits are likely to arise against which the temporary differences can be offset.

The Group recognizes a deferred tax liability for taxable temporary differences related to investments in subsidiaries and affiliates, except that the following two conditions are met:

(i)

the Group controls the timing on which temporary differences will be reversed; and

(ii)

such temporary differences are not likely to be reversed in the near future.

Deferred income tax assets and liabilities are offset when a legal right exists to offset current tax assets against current tax liabilities and to the extent such balances are related to the same tax authority of the Group or its subsidiaries, where tax balances are intended to be, and may be, settled on a net basis.

1.29. Earnings per share

Basic earnings per share are calculated by dividing net income attributable to the Group’s shareholders by the weighted average number of common shares outstanding during the year.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Diluted earnings per share are calculated by dividing the net income for the year by the weighted average number of common shares issued and dilutive potential common shares at year end. Since the Company has no dilutive potential common shares outstanding, there are no dilutive earnings per share amounts.

2.	CRITICAL ACCOUNTING POLICIES AND ESTIMATES

The preparation of financial statements in accordance with the accounting framework established by the Argentine Central Bank requires the use of certain critical accounting estimates. It also requires Management to exercise its judgment in the process of applying the accounting standards established by the Argentine Central Bank to establish the Group's accounting policies.

The Group has identified the following areas that involve a higher degree of judgment or complexity, or areas in which the assumptions and estimates are significant for the consolidated financial statements that are essential for understanding the underlying accounting / financial reporting risks:

(a)	Fair value of derivatives and other financial instruments

The fair value of financial instruments not listed in active markets is determined by using valuation techniques. Such techniques are regularly validated and reviewed by qualified personnel independent from the area which developed them. All models are assessed and adjusted before being used to ensure that results reflect current information and comparable market prices. As long as possible, models rely on observable inputs only; however, certain factors, such as implicit rates in the last available tender for similar securities and spot rate curves, require the use of estimates. Changes in the assumptions of these factors may affect the reported fair value of financial instruments.

(b)	Allowances for loan losses and advances

The Group recognizes the allowance for loan losses under the expected credit loss method included in IFRS 9. The most significant judgements of the model relate to defining what is a significant increase in credit risk and in making assumptions and estimates to incorporate relevant information about past events, current conditions, and forecasts of economic conditions. The impact of the forecasts of economic conditions are determined based on the weighted average of three internally developed macroeconomic scenarios that take into consideration the Group´s economic outlook as derived through forecast macroeconomic variables, which include Inflation rate, monthly economic activity estimator and private sector wage. A high degree of uncertainty is involved in making estimations using assumptions that are highly subjective and very sensitive to the risk factors.

Note 1.2 provides more detail of how the expected credit loss allowance is measured.

(c)	Impairment of non-financial assets

Intangible assets with finite lives and property, plants and equipment are amortized or depreciated along their useful lives in a lineal manner. The Group monitors the conditions related to these assets to determine whether events and circumstances justify a review of the amortization and remaining depreciation period and whether there are factors or circumstances that imply an impairment in the value of assets that cannot be recovered.

The Group has exercised judgment in identifying indicators of impairment for property, plant and equipment and amortizable intangible assets. The Group has not identified any indications of impairment for any of the periods presented in the consolidated financial statements, and therefore no recoverable amount has been estimated.

(d)	Income tax and deferred tax

A significant judgement is required to determine liabilities and assets from current and deferred taxes. The current tax is provisioned in accordance with the amounts expected to be paid and the deferred tax is provisioned over temporary differences between tax basis of assets and liabilities and book values to aliquots expected to be in force when reversing them.

Assets from deferred tax are recognized upon the possibility of relying on future taxable earnings against which temporary differences can be utilized, based on the Senior Management´s assumptions regarding amounts and opportunities of future taxable earnings. Later, it is necessary to determine whether assets from deferred tax are likely to be utilized and set off future taxable earnings. Actual results may differ from estimates, such as changes in tax legislation or the result of the final review of affidavits issued by tax authorities and tax courts.

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Likely future tax earnings and the number of tax benefits are based on a medium-term business plan prepared by the administration. Such plan is based on reasonable expectations.

(e)	Share-based payments

Estimating the fair value of share-based payments requires determining the most appropriate valuation model, which depends on the terms and conditions of the grant. This estimate also requires determining the most appropriate assumptions for the valuation model, including the remaining life of the share option, volatility, and share performance.

For measuring the fair value of share-based payments at the grant date, the Group uses the Black & Sholes model. The carrying amount, assumptions, and models used to estimate the fair value of share-based payment transactions are disclosed in Note 26.

3.	SEGMENT REPORTING

The Group determines operating segments based on performance reports which are reviewed by the Board and key personnel of the Senior Management and updated upon changes.

Grupo Superville’s clients receive the following services:

●

Personal and Business Banking Segment:

Small companies, individuals and companies that record annual sales of up to 1,500,000

Small and Medium Size Companies", companies that record annual sales of over 1,500,000 up to 10,000,000

●

Corporate Baking Segment:

Medium and Big Companies that record annual sales over 10,000,000 up to 14,000,000

Big Companies that record annual sales of over 14,000,000

Grupo Supervielle considers the business for the type of products and services offered, identifying the following operating segments:

a-	Personal and Business Banking: Through this segment, Supervielle offers a wide range of financial products and services designed to meet the needs of individuals, entrepreneurs, and small businesses and SMEs.

b-	Corporate Banking: Includes advisory services at a corporate and financial level, as well as the administration of assets and loans targeted to corporate clients.

Bank Treasury: This segment oversees the assignment of liquidity of the Entity in accordance with the different commercial areas´ needs and its own needs. Treasury implements financial risk administration policies of the Bank, administers trading desk operations, distributes financial products, such as negotiable securities and develops business with the financial sector clients and wholesale non-financial sector clients.

d-	Insurance: Includes insurance products, with a focus on life insurance, to targeted customers segments.

e-	Asset Management and Other Services: Supervielle offers a variety of other services to its clients, including mutual fund products through Supervielle Asset Management S.A., retail brokerage services through InvertirOnline S.A.U. and non-financial products through Espacio Cordial Servicios S.A.

Operating results of the different operating segments of Grupo Supervielle are reviewed individually with the purpose of taking decisions over the allocation of resources and the performance analysis of each segment. The performance of such segments will be evaluated based on operating income and is measured consistently with operating income/(expenses) of the consolidated income statement.

When a transaction is carried out between operating segments, they are taken in an independent and equitable manner, as in cases of transactions with third parties. Later, income, expenses, and results from transfers between operating segments are removed from the consolidation.

Grupo Supervielle does not present information by geographical segments because there are no operating segments in economic environments with risks and rewards that are significantly different.

During the current period, changes have been made to the basis for allocating the cost of capital to the Bank's various segments. The comparative information presented in this note has been adjusted for comparability purposes.

The following chart includes information by segment as of December 31, 2025 and 2024, respectively:

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Result by segments	Personal and Business Banking	Corporate Banking	Bank Treasury	Insurance	Asset Management and Other Services	Adjustments	Total as of 12.31.2025
Interest income	890,305,775	319,820,358	520,427,949	2,690,796	20,944,413	891,619	1,755,080,910
Interest expenses	(182,710,036)	(133,915,604)	(610,493,342)	(531,245)	(21,157,846)	1,681,494	(947,126,579)
Distribution of results by Treasury	(303,395,935)	(89,711,951)	393,107,886	-	-	-	-
Net interest income	404,199,804	96,192,803	303,042,493	2,159,551	(213,433)	2,573,113	807,954,331
Services Fee Income	152,850,910	21,425,460	5,516,626	-	93,504,530	(5,769,019)	267,528,507
Services Fee Expenses	(49,332,558)	(2,671,252)	(2,410,823)	-	(4,871,555)	284,013	(59,002,175)
Income from insurance activities	-	-	-	30,784,970	-	5,699,341	36,484,311
Net Service Fee Income	103,518,352	18,754,208	3,105,803	30,784,970	88,632,975	214,335	245,010,643
Subtotal	507,718,156	114,947,011	306,148,296	32,944,521	88,419,542	2,787,448	1,052,964,974
Net income from financial instruments at fair value through profit or loss	248,030	2,720,431	35,408,709	6,236,084	29,643,939	1,526,121	75,783,314
Income from withdrawal of assets rated at amortized cost	(434)	-	5,080,190	-	-	(16,032)	5,063,724
Exchange rate difference on gold and foreign currency	6,606,915	(31,412)	(65,551,018)	15,068	154,920	114,684	(58,690,843)
Subtotal	6,854,511	2,689,019	(25,062,119)	6,251,152	29,798,859	1,624,773	22,156,195
Result from exposure to changes in the purchasing power of the currency	(459,114)	-	(118,603,536)	(8,526,850)	(20,190,660)	(2,710,300)	(150,490,460)
Other operating income	38,056,132	12,206,275	4,440,842	177,616	16,974,367	(6,884,940)	64,970,292
Loan loss provisions	(249,053,895)	(11,331,104)	(225,079)	-	(8,298)	2,693	(260,615,683)
Net operating income	303,115,790	118,511,201	166,698,404	30,846,439	114,993,810	(5,180,326)	728,985,318
Personnel expenses	(245,121,888)	(41,072,133)	(20,858,462)	(2,829,420)	(21,597,065)	4,226,226	(327,252,742)
Administration expenses	(168,578,213)	(17,308,372)	(12,594,959)	(945,720)	(25,129,082)	2,748,891	(221,807,455)
Depreciations and impairment of non-financial assets	(50,645,571)	(13,417,869)	(7,358,779)	(748,766)	(531,033)	(1,154,497)	(73,856,515)
Other operating expenses	(128,979,113)	(36,836,605)	(35,780,982)	(190,168)	(7,118,327)	6,087,756	(202,817,439)
Operating income	(290,208,995)	9,876,222	90,105,222	26,132,365	60,618,303	6,728,050	(96,748,833)
Result from associates and joint ventures	-	-	-	-	24,958,184	(24,958,184)	-
Result before taxes	(290,208,995)	9,876,222	90,105,222	26,132,365	85,576,487	(18,230,134)	(96,748,833)
Income tax	103,471,763	(2,992,714)	(24,241,684)	(8,119,980)	(19,732,906)	(328,442)	48,056,037
Net (loss) / income	(186,737,232)	6,883,508	65,863,538	18,012,385	65,843,581	(18,558,576)	(48,692,796)
Net (loss) / income for the year attributable to owners of the parent company	(186,737,232)	6,883,508	65,863,538	18,012,385	65,843,581	(18,448,174)	(48,582,394)
Net (loss) / income for the year attributable to non-controlling interest	-	-	-	-	-	(110,402)	(110,402)
Other comprehensive (loss) / income	-	-	(5,350,363)	-	3,607,885	1,938	(1,740,540)
Other comprehensive (loss) / income attributable to owners of the parent company	-	-	(5,350,363)	-	3,607,885	7,386	(1,735,092)
Other comprehensive (loss) / income attributable to non-controlling interest	-	-	-	-	-	(5,448)	(5,448)
Comprehensive (loss) / income for the year	(186,737,232)	6,883,508	60,513,175	18,012,385	69,451,466	(18,556,638)	(50,433,336)
Comprehensive (loss) / income attributable to owners of the parent company	(186,737,232)	6,883,508	60,513,175	18,012,385	69,451,466	(18,440,788)	(50,317,486)
Comprehensive (loss) / income attributable to non-controlling interests	-	-	-	-	-	(115,850)	(115,850)

Assets by segments	Personal and Business Banking	Corporate Banking	Bank Treasury	Insurance	Asset Management and Other Services	Adjustments	Total as of 12.31.2025
Cash and due from banks	205,935,976	11,117,258	1,261,552,983	16,714	121,866,134	(1,302,601)	1,599,186,464
Debt securities at fair value through profit or loss	2,150,212	7,552,770	163,152,090	14,960,191	63,628,667	(1,937,429)	249,506,501
Loans and other financing	1,892,290,769	1,834,735,962	37,291,802	-	2,755,497	(983,814)	3,766,090,216
Other debt securities	-	-	756,617,750	6,405,081	45,597,208	13,740,122	822,360,161
Other Assets	79,131,263	4,522,512	1,185,215,144	14,773,035	156,696,925	(85,946,782)	1,354,392,097
Total Assets	2,179,508,220	1,857,928,502	3,403,829,769	36,155,021	390,544,431	(76,430,504)	7,791,535,439


Liabilities by segments	Personal and Business Banking	Corporate Banking	Bank Treasury	Insurance	Asset Management and Other Services	Adjustments	Total as of 12.31.2025
Deposits	2,168,241,412	1,195,544,459	1,757,563,435	-	-	(2,462,827)	5,118,886,479
Financing received from the Argentine Central Bank and others financial institutions	222,602	7,126	480,585,822	-	509,649	(531,457)	480,793,742
Other debt securities	-	-	178,844,583	-	-	(3,978,185)	174,866,398
Other liabilities	173,457,827	75,765,562	490,018,579	9,588,526	174,785,806	85,330,241	1,008,946,541
Total Liabilities	2,341,921,841	1,271,317,147	2,907,012,419	9,588,526	175,295,455	78,357,772	6,783,493,160

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Result by segments	Personal and Business Banking	Corporate Banking	Bank Treasury	Insurance	Asset Management and Other Services	Adjustments	Total as of 12.31.2024
Interest income	626,064,577	342,855,607	1,239,858,506	851,562	6,342,568	6,196,503	2,222,169,323
Interest expenses	(261,321,596)	(88,896,597)	(817,317,061)	(702,552)	(142,183)	209,091	(1,168,170,898)
Distribution of results by Treasury	(31,178,676)	(161,396,126)	192,574,802	-	-	-	-
Net interest income	333,564,305	92,562,884	615,116,247	149,010	6,200,385	6,405,594	1,053,998,425
Services Fee Income	149,400,581	20,291,352	1,134,562	-	91,388,334	(4,769,058)	257,445,771
Services Fee Expenses	(48,290,962)	(2,703,818)	(1,248,958)	-	(3,772,825)	2,465	(56,014,098)
Income from insurance activities	-	-	-	28,051,367	-	4,828,901	32,880,268
Net Service Fee Income	101,109,619	17,587,534	(114,396)	28,051,367	87,615,509	62,308	234,311,941
Subtotal	434,673,924	110,150,418	615,001,851	28,200,377	93,815,894	6,467,902	1,288,310,366
Net income from financial instruments at fair value through profit or loss	725,394	2,148,249	144,326,178	16,448,706	21,044,029	875,778	185,568,334
Income from withdrawal of assets rated at amortized cost	46,988	-	105,462,562	-	-	2,444,101	107,953,651
Exchange rate difference on gold and foreign currency	3,875,765	1,535,527	4,960,684	(9,110)	1,357,663	476,826	12,197,355
NIFFI And Exchange Rate Differences	4,648,147	3,683,776	254,749,424	16,439,596	22,401,692	3,796,705	305,719,340
Result from exposure to changes in the purchasing power of the currency	(2,502,639)	-	(332,684,350)	(24,244,680)	(31,792,184)	(13,341,033)	(404,564,886)
Other operating income	20,728,042	13,310,573	10,642,337	92,072	9,401,002	(2,827,240)	51,346,786
Loan loss provisions	(65,846,873)	(3,052,872)	(730,966)	-	-	12,717	(69,617,994)
Net operating income	391,700,601	124,091,895	546,978,296	20,487,365	93,826,404	(5,890,949)	1,171,193,612
Personnel expenses	(286,009,576)	(50,549,150)	(22,877,315)	(4,837,707)	(20,686,540)	(905,052)	(385,865,340)
Administration expenses	(182,027,302)	(19,958,381)	(10,621,892)	(825,315)	(17,837,394)	1,945,121	(229,325,163)
Depreciations and impairment of non-financial assets	(53,475,449)	(9,372,839)	(3,602,433)	(731,143)	(452,590)	(1,539,307)	(69,173,761)
Other operating expenses	(96,167,833)	(32,871,708)	(119,091,955)	(240,568)	(6,207,139)	(1,248,363)	(255,827,566)
Operating income	(225,979,559)	11,339,817	390,784,701	13,852,632	48,642,741	(7,638,550)	231,001,782
Result from associates and joint ventures	-	-	-	-	24,355,418	(24,355,418)	-
Result before taxes	(225,979,559)	11,339,817	390,784,701	13,852,632	72,998,159	(31,993,968)	231,001,782
Income tax	79,129,691	(1,206,413)	(122,893,452)	(5,164,457)	(15,571,121)	(493,758)	(66,199,510)
Net (loss) / income	(146,849,868)	10,133,404	267,891,249	8,688,175	57,427,038	(32,487,726)	164,802,272
Net (loss) / income for the year attributable to owners of the parent company	(146,849,868)	10,133,404	267,891,249	8,688,175	57,427,038	(32,614,985)	164,675,013
Net (loss) / income for the year attributable to non-controlling interest	-	-	-	-	-	127,259	127,259
Other comprehensive (loss) / income	129,512	-	(18,406,055)	-	1,317,625	2,301,185	(14,657,733)
Other comprehensive (loss) / income attributable to owners of the parent company	129,512	-	(18,406,055)	-	1,317,625	2,319,928	(14,638,990)
Other comprehensive (loss) / income attributable to non-controlling interest	-	-	-	-	-	(18,743)	(18,743)
Comprehensive (loss) / income for the year	(146,720,356)	10,133,404	249,485,194	8,688,175	58,744,663	(30,186,541)	150,144,539
Comprehensive (loss) / income attributable to owners of the parent company	(146,720,356)	10,133,404	249,485,194	8,688,175	58,744,663	(30,295,057)	150,036,023
Comprehensive (loss) / income attributable to non-controlling interests	-	-	-	-	-	108,516	108,516

Assets by segments	Personal and Business Banking	Corporate Banking	Bank Treasury	Insurance	Asset Management and Other Services	Adjustments	Total as of 12.31.2024
Cash and due from banks	196,357,919	6,038,142	643,144,004	9,360	14,392,038	(959,801)	858,981,662
Debt securities at fair value through profit or loss	-	11,781,424	199,051,465	12,832,283	122,745,076	-	346,410,248
Loans and other financing	1,667,130,180	1,048,789,355	135,747,014	111,026	3,256,333	(210,610)	2,854,823,298
Other debt securities	5,193,924	-	1,072,159,415	10,349,980	14,909,256	7,391,884	1,110,004,459
Other Assets	165,577,368	30,362,475	513,055,552	14,831,674	114,684,715	(50,857,398)	787,654,386
Total Assets	2,034,259,391	1,096,971,396	2,563,157,450	38,134,323	269,987,418	(44,635,925)	5,957,874,053


Liabilities by segments	Personal and Business Banking	Corporate Banking	Bank Treasury	Insurance	Asset Management and Other Services	Adjustments	Total as of 12.31.2024
Deposits	1,846,479,858	919,786,818	1,408,736,212	-	-	(353,957)	4,174,648,931
Financing received from the Argentine Central Bank and others financial institutions	124,661	1,830	50,915,919	-	-	653,448	51,695,858
Negotiable bonds issued	357,109	89,486	66,850,944	-	-	-	67,297,539

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Other liabilities	206,664,068	45,881,883	118,226,120	11,653,198	105,362,698	92,882,928	580,670,895
Total Liabilities	2,053,625,696	965,760,017	1,644,729,195	11,653,198	105,362,698	93,182,419	4,874,313,223

4.	INCOME TAX

Tax inflation adjustment

Law 27,430 introduced an amendment establishing that the taxpayers referred to in subsections a) through e) of Article 53 of the current Income Tax Law, for the purpose of determining net taxable income, must deduct or incorporate into the taxable income of the fiscal year being settled the tax inflation adjustment. This adjustment would be applicable in the fiscal year in which the percentage variation of the Consumer Price Index, accumulated over the thirty-six (36) months prior to the close of the fiscal year being settled, exceeds one hundred percent (100%).

The positive or negative inflation adjustment, as the case may be, that must be calculated would be allocated as follows: for the first and second fiscal years beginning on or after January 1, 2019, one-sixth (1/6) would be allocated in that fiscal year, and the remaining five-sixths (5/6), in equal parts, in the five (5) immediately following fiscal years. Subsequently, for fiscal years beginning on or after January 1, 2021, the inflation adjustment will be fully applied (100%), without any deferral. Therefore, the full inflation adjustment calculated for this year must be included in the current fiscal year's return.

The Group, taking into account the jurisprudence on this matter reviewed by its legal and tax advisors, filed its annual income tax return for the 2020 fiscal year with the Federal Public Revenue Administration (AFIP), considering the full effect of the inflation adjustment.

Tax rate

On June 16, 2021, Law 27,630 was enacted, which establishes for capital companies a new structure of staggered rates for income tax with three segments in relation to the level of accumulated net taxable profit, applicable to fiscal years beginning on or after January 1^st, 2021, inclusive.

The new tax rates under this treatment are:

• Up to $101,679 of accumulated net taxable income: a rate of 25% will be applied;

• More than $101,679 and up to $1,016,796 of accumulated net taxable income: a fixed amount of $25,420 will be applied plus a rate of 30% on the amount exceeding $101,679.

• More than $1,016,796 of accumulated net taxable income: a fixed amount of $299,955 will be applied plus a rate of 35% on the amount exceeding $1,016,796.

The amounts stipulated above will be adjusted annually, beginning January 1, 2022, based on the annual variation of the Consumer Price Index (CPI) published by the National Institute of Statistics and Censuses (INDEC), corresponding to the month of October of the year prior to the adjustment, compared to the same month of the previous year.

Dividend Tax: Dividends or profits distributed to individuals, undivided estates, or beneficiaries abroad will be taxed at a rate of 7%.

The evolution of income tax concepts for the years ended December 31, 2025 and 2024 is detailed in the following table:

	12/31/2025	12/31/2024
Current income tax	(4,703,463)	27,760,988
Income tax - deferred method	(46,231,995)	29,354,377
Subtotal	(50,935,458)	57,115,365
Subtotal – Income tax imputed to Income Statement	(48,056,037)	66,199,510
Subtotal – Income tax imputed to Other comprehensive income	(2,879,421)	(9,084,145)
Total Income Tax Charge	(50,935,458)	57,115,365

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

The following is a reconciliation between the income tax charged to income as of December 31, 2025 and 2024, and that which would result from applying the current tax rate on the accounting profit:

	12/31/2025	12/31/2024
Income before taxes	(96,748,833)	231,001,782
Tax rate	35%	30%
Income for the year at tax rate	(33,676,495)	68,758,807
Permanent differences at tax rate:
- Contribution SGR (Mutual Guarantee Societies)	(17,500)	(3,875,038)
- Tax inflation adjustment	(13,105,369)	5,487,175
- Others	(1,472,793)	(4,469,056)
- Non-deductible results	216,120	297,622
Income tax	(48,056,037)	66,199,510

Deferred tax assets / (liabilities) are summarized as follows:

Items	Balance at 12/31/2024	(Charge)/Credit to Income	(Charge)/Credit to OCI	Balance at 12/31/2025
Shelters	796,284	690	-	796,974
Organizational and development costs	(21,168,859)	9,117,220	-	(12,051,639)
Intangible assets	(40,742)	(30,701)	-	(71,443)
Investments	(17,478,826)	11,557,838	2,922,220	(2,998,768)
Other	621,649	(568,405)	-	53,244
Retirement plans	46,438	(46,438)	-	-
Forecast of possible commitments	142,687	(19,112)	-	123,575
Forecast uncollectible debtors	17,057,188	33,732,933	-	50,790,121
Property, plant, and equipment	(10,146,818)	1,675,984	(42,799)	(8,513,633)
Shareholding	(2,715)	347	-	(2,368)
Valuation foreign currency	1,793	(1,418)	-	375
Forecasts passive	20,687,926	(15,518,635)	-	5,169,291
Costs of origination loans	-	3,378,605	-	3,378,605
Right to use leased property	2,827,616	1,540,834	-	4,368,450
Staff bonus	1,497,114	(1,497,114)	-	-
Adjustment for inflation	79,252	29,946	-	109,198
Subtotal	(5,080,013)	43,352,574	2,879,421	41,151,982
Broken	3,170,017	35,345,640	-	38,515,657
Total	(1,909,996)	78,698,214	2,879,421	79,667,639

Based on the Group’s analysis, the assets listed above are considered eligible for recognition as recoverable.

The estimated reversal time for deferred assets and liabilities is as follows:

	12/31/2025
Deferred taxes to be recovered in more than 12 months	4,175,579
Deferred taxes to be recovered in 12 months	99,129,911
Subtotal – Deferred tax assets	103,305,490
Deferred taxes to be paid in more than 12 months	(20,565,272)
Deferred taxes to be paid in 12 months	(3,072,579)
Subtotal – Deferred tax liabilities	(23,637,851)
Total Net Assets by deferred Tax	79,667,639

5.FINANCIAL INSTRUMENTS

Financial instruments held by Grupo Supervielle as of December 31, 2025 and 2024:

Financial Instruments as of 12/31/2025	Fair value through profit or loss	Amortized Cost	Fair value through OCI	Total
Assets
- Cash and due from banks	-	1,599,186,464	-	1,599,186,464
- Debt securities at fair value through profit or loss	249,506,501	-	-	249,506,501
- Derivatives	9,910,637	-	-	9,910,637
- Reverse Repo	-	3,657,016	-	3,657,016
- Other financial assets	46,809,077	13,162,141	-	59,971,218
- Loans and other financing	-	3,766,090,216	-	3,766,090,216

GRUPO SUPERVIELLE S.A.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in thousands of pesos in homogeneous currency)

Financial Instruments as of 12/31/2025	Fair value through profit or loss

Grupo Supervielle S.A. 6-K