News Details

Buenos Aires, May 5, 2022 – Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (“Supervielle” or the “Company”) a domestic universal financial services group in Argentina with a nationwide presence, announced today that in accordance with the resolution of the Annual Ordinary Shareholders Meeting held on April 27, 2022, that approved the partial release of the voluntary reserve established for dividends distribution, in accordance with the provisions of General Resolution No. 777/18 of the Argentine Securities Commission, “the distribution of profits must be treated in the currency of the date of the shareholders’ meeting by using the price index corresponding to the month prior to the meeting”; and taking into consideration that the Board of Directors on its meeting held on May 5, 2022, determined the manner, conditions and date of the effective availability of the dividends to the shareholders; a cash dividends of P$. 293,080,487.62 will be distributed and paid starting on May 17, 2022, to existing Shareholders as of the record date set on May 16, 2022 (the ¨Record Date¨).

The amount to be distributed is equivalent to 64.170388331% of the outstanding capital and the nominal value of its representative shares or P$0.64170388331 per outstanding share or P$ 3.20851941655 per ADS. The total amount of dividends to be distributed corresponds to earnings of previous fiscal years.

Payment will be made available through Caja de Valores S.A. (25 de Mayo 362, City of Buenos Aires, Republic of Argentina) starting on May 17, 2022, on business days from 10:00 AM to 3:00 PM Buenos Aires time, subject to compliance with all required procedures. The payment process will be carried out in accordance with the regulatory deadlines.

ADS Holders will receive their payment through the Depositary Bank, The Bank of New York Mellon as from the date set forth by the respective rules that apply in the jurisdiction where the Company’s ADSs are listed.

The distribution of dividends is originated in profits obtained from 2018 and, therefore, it is subject to withholding of 7% according to the provisions of the Income Tax Law, ordered text Decree No. 824/2019.

Dividends to be paid will be subject to the withholding, in the relevant cases, of the amounts paid by the Company in its capacity as Substitute Person Responsible for the Personal Assets Tax, in the case of those shareholders that are subject to said tax, pursuant to the terms of the last paragraph of the article incorporated by Law No. 25,585 following article 25 of Law No. 23,966.