Market Overview

Grupo Supervielle S.A. Announces Organizational Changes to Streamline its Consumer Finance Business


Aimed at enhancing customer focus, achieve cost synergies and accelerate
cross selling opportunities

Grupo Supervielle S.A. (NYSE:SUPV) (BYMA: SUPV), ("Supervielle"
or the "Company") a universal financial services group headquartered in
Argentina with a nationwide presence, announced today organizational
changes to streamline its consumer finance business and align it to the
new macro environment in Argentina. With these changes, the Company aims
to accelerate the offering of a wide range of consumer products tailored
to each target segment, enhance customer experience through digital
transformation, and increase cross selling to drive higher efficiency
and profitability.

Effective August 24, 2018, the consumer finance units of Grupo
Supervielle, which include: Cordial Compañía Financiera S.A., Espacio
Cordial de Servicios S.A., Tarjeta Automática S.A., and the recently
acquired car lending business Micro Lending S.A., will now all be
managed under the leadership of Mr. Juan Martin Monteverdi, current CEO
of Espacio Cordial de Servicios S.A. He will report to Supervielle's
Chief Executive Officer.

Consequently, Mr. Carlos Depalo will step down from his role of CEO of
Cordial Compañía Financiera S.A. and Tarjeta Automática S.A. and leave
the Company.

"With close to two decades of experience at Supervielle, Juan Martin
has a solid track record in consumer lending and in managing our branch
network. His experience in successfully developing and expanding our
online cross selling platform, makes him ideally suited to lead this new
phase of our consumer finance businesses. What Juan Martin has already
accomplished at
Espacio Cordial de Servicios S.A. we need to do
across all our consumer businesses, specifically, ensure we are an agile
customer centric operation, accelerate digitalization and cross selling
to service the needs of this formal, but underbanked segment in
noted Mr. Patricio Supervielle, Grupo
Supervielle's Chairman and CEO. "By combining the four companies
under a unified leadership, we seek to drive increased operational
efficiency, accelerate the offering of a wide range of consumer
products, enhance customer experience, and increase cross selling"

Mr. Monteverdi has over 25 years financial industry experience having
spent more than half his career at Supervielle. He has been CEO of
non-financial services subsidiary Espacio Cordial de Servicios S.A.
since 2014. Prior to that, he was Branch Network Manager at Banco
Supervielle and before he was Territorial Manager for Retail Banking.
Earlier, he held several managerial positions at Banco Supervielle. He
began his banking career as Branch Manager at Banco Sudameris. Mr.
Monteverdi studied Business Management at the Universidad Nacional de
Quilmes and took courses in Management, Leadership and Sales at IAE
Business School and Universidad Austral.

About Grupo Supervielle S.A. (NYSE:SUPV, BYMA: SUPV))

Grupo Supervielle S.A. ("Supervielle") is a holding company with a
long-standing presence in the Argentine financial system and a
competitive leadership position in certain attractive market segments.
It was founded by the Supervielle family, which took its first steps in
the banking sector in 1887 and is now controlled by Patricio
Supervielle. Its shares are listed in BYMA and NYSE since May 2016.
Grupo Supervielle has developed a multi-brand business model to
differentiate financial products and services offered to a broad
spectrum of individuals, small and medium-sized enterprises and large
companies in Argentina. To date, it is made up of Banco Supervielle,
Cordial Compañía Financiera, Tarjeta Automática, Supervielle Seguros,
Espacio Cordial de Servicios, Supervielle Asset Management, Mila,
Invertir Online and Sofital.

Safe Harbor Statement

This press release contains certain forward-looking statements that
reflect the current views and/or expectations of Grupo Supervielle and
its management with respect to its performance, business and future
events. We use words such as "believe," "anticipate," "plan," "expect,"
"intend," "target," "estimate," "project," "predict," "forecast,"
"guideline," "seek," "future," "should" and other similar expressions to
identify forward-looking statements, but they are not the only way we
identify such statements. Such statements are subject to a number of
risks, uncertainties and assumptions. We caution you that a number of
important factors could cause actual results to differ materially from
the plans, objectives, expectations, estimates and intentions expressed
in this release. Actual results, performance or events may differ
materially from those in such statements due to, without limitation, (i)
changes in general economic, financial, business, political, legal,
social or other conditions in Argentina or elsewhere in Latin America or
changes in either developed or emerging markets, (ii) changes in
regional, national and international business and economic conditions,
including inflation, (iii) changes in interest rates and the cost of
deposits, which may, among other things, affect margins, (iv)
unanticipated increases in financing or other costs or the inability to
obtain additional debt or equity financing on attractive terms, which
may limit our ability to fund existing operations and to finance new
activities, (v) changes in government regulation, including tax and
banking regulations, (vi) changes in the policies of Argentine
authorities, (vii) adverse legal or regulatory disputes or proceedings,
(viii) competition in banking and financial services, (ix) changes in
the financial condition, creditworthiness or solvency of the customers,
debtors or counterparties of Grupo Supervielle, (x) increase in the
allowances for loan losses, (xi) technological changes or an inability
to implement new technologies, (xii) changes in consumer spending and
saving habits, (xiii) the ability to implement our business strategy and
(xiv) fluctuations in the exchange rate of the Peso. The matters
discussed herein may also be affected by risks and uncertainties
described from time to time in Grupo Supervielle's filings with the U.S.
Securities and Exchange Commission (SEC) and Comisión Nacional de
Valores (CNV). Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as the date of this
document. Grupo Supervielle is under no obligation and expressly
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.

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