<SEC-DOCUMENT>0001104659-20-040605.txt : 20200331
<SEC-HEADER>0001104659-20-040605.hdr.sgml : 20200331
<ACCEPTANCE-DATETIME>20200330174440
ACCESSION NUMBER:		0001104659-20-040605
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200330
FILED AS OF DATE:		20200331
DATE AS OF CHANGE:		20200330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Grupo Supervielle S.A.
		CENTRAL INDEX KEY:			0001517399
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37777
		FILM NUMBER:		20758704

	BUSINESS ADDRESS:	
		STREET 1:		Bartolome Mitre 434, 5th Gloor
		STREET 2:		C1036AAH
		CITY:			Buenos Aires
		STATE:			C1
		ZIP:			00000
		BUSINESS PHONE:		54-11-4340-3100

	MAIL ADDRESS:	
		STREET 1:		Bartolome Mitre 434, 5th Gloor
		STREET 2:		C1036AAH
		CITY:			Buenos Aires
		STATE:			C1
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm2013224-3_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES </B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K </B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Report of Foreign Issuer </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Rule 13a-16 or 15d-16 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>under the Securities Exchange Act of
1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of March, 2020 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number: 001-37777</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>



<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>GRUPO SUPERVIELLE S.A. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SUPERVIELLE GROUP S.A. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Translation of registrant&rsquo;s name
into English)</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Bartolom&eacute; Mitre 434, 5th Floor
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>C1036AAH Buenos Aires </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Republic of Argentina </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form 20-F&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form
40-F&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Yes&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
No&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Yes&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
No&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>GRUPO SUPERVIELLE S.A. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 8%; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Item</TD><TD STYLE="padding-bottom: 1pt; width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 90%; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; padding-left: 0.1in">1.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Grupo Supervielle S.A. &ndash; Voting Recommendations and Motion Proposals for the Ordinary and Extraordinary Shareholders&rsquo; Meeting to be held on April 28, 2020</TD></TR>
</TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2013224-3_6kimg01.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Autonomous City of Buenos Aires,
March 30, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Messrs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Bolsas y Mercados Argentinos
S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Mercado Abierto Electr&oacute;nico
S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify"><U>Present</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify"><B>RE: Relevant information:
Voting Recommendations and Motion Proposals for the Ordinary and Extraordinary Shareholders&rsquo; Meeting to be held on April
28, 2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">To whom it may concern:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">It is reported
that on the date hereof the Board of Directors of the Company issued the recommendations and motion proposals regarding the items
on the agenda that will be considered at the Ordinary and Extraordinary Shareholders&rsquo; Meeting of the Company to be held on
April 28, 2020, according to the text that is transcribed below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Yours Sincerely,</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Grupo Supervielle S.A.</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Head of Markets Relations</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>GRUPO SUPERVIELLE S.A.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Voting Recommendations and Motion
Proposals for the Ordinary and Extraordinary Shareholders&rsquo;</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Meeting to be held on April 28, 2020</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following are the recommendations made
by the Board of Grupo Supervielle S.A. or the motion proposals on the items of the agenda that will be considered at the Ordinary
and Extraordinary Shareholders&rsquo; Meeting of the Company to be held on April 28, 2020 (the &ldquo;AGM&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>1.</B></TD><TD STYLE="text-align: justify"><B><U>Appointment of two shareholders to sign the Minutes</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It will be recommended to the AGM that
two of the shareholders present be appointed to sign the minutes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>2.</B></TD><TD STYLE="text-align: justify"><B><U>Consideration of the documentation pursuant to section 234, subsection 1 of Law No. 19,550,
for the fiscal year ended December 31, 2019</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Board of Directors recommends to vote
for the approval of all the documents, pursuant to section 234, subsection 1 of Law No. 19,550, related to the fiscal year ended
December 31, 2019. Such documentation is available on the website of the Argentine Securities Commission <I>(Comisi&oacute;n Nacional
de Valores </I>or &ldquo;CNV&rdquo;<I>)</I> (<U>www.cnv.gob.ar</U>) and at <U>www.gruposupervielle.com.ar</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>3.</B></TD><TD STYLE="text-align: justify"><B><U>Consideration of the performance of the Board of Directors during the fiscal year ended December
31, 2019</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">To date, the Board of Directors
is comprised of the following members:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; font-size: 13pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chairman</FONT></TD>
    <TD STYLE="width: 80%; font-size: 13pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Julio Patricio Supervielle</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 13pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">First Vice-Chairman</FONT></TD>
    <TD STYLE="font-size: 13pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jorge Oscar Ram&iacute;rez</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 13pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Second Vice-Chairman</FONT></TD>
    <TD STYLE="font-size: 13pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Em&eacute;rico Alejandro Stengel</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Regular Directors</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Atilio Mar&iacute;a Dell&rsquo;Oro Maini</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eduardo Braun</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ricardo De Lellis</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Victoria Premrou</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hugo Enrique Santiago Basso</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Board of Directors abstains from issuing
an opinion on the matter and expects the Shareholders to approve the performance of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>4.</B></TD><TD STYLE="text-align: justify"><B><U>Consideration of the performance of the Supervisory Committee during the fiscal year ended
December 31, 2019</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">To date, the Supervisory Committee
is comprised of the following members:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Regular Syndics</FONT></TD>
    <TD STYLE="width: 80%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Enrique Jos&eacute; Barreiro</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carlos Alberto Asato (1)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carlos Alfredo Ojeda (2)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Valeria Del Bono Lonardi</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Alternate Syndics</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carlos Enrique Lose</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Roberto An&iacute;bal Boggiano</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">Resigned to the Supervisory Committee on July 25, 2019.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">Replaced Mr. Carlos Alberto Asato as Regular Syndic as from July 25, 2019.</TD></TR></TABLE>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt"></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Board of Directors abstains from issuing
an opinion on the matter and expects the Shareholders to approve the performance of the Supervisory Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><B>5.</B></TD><TD STYLE="text-align: justify"><B><U>Consideration of the remuneration to the Board of Directors for the fiscal year ended December
31, 2019</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It will be proposed that the fees to the
Board of Directors, as remuneration for the duties performed during the fiscal year ended December 31, 2019, be set at AR$ 59.075.387.
It is recorded that the Audit Committee had a favorable opinion regarding the reasonableness of the proposed fees of the Board
of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">Furthermore, for
information purposes only, the fees to directors of Grupo Supervielle S.A. paid by the Company and / or its controlled companies
that include compensations accrued in the fiscal year, which payment shall occur on a future date (in accordance with instructions
of the United States Securities and Exchange Commission (&ldquo;SEC&rdquo;) on form 20-F in its part I, item 6.B), amounted to
AR$ 176.682.645.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><B>6.</B></TD><TD STYLE="text-align: justify"><B><U>Consideration of the remuneration to the Supervisory Committee for the fiscal year ended
December 31, 2019</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It will be proposed that the fees to the
Supervisory Committee, as remuneration for the duties performed during the fiscal year ended December 31, 2019, be set at AR$ 308.768.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><B>7.</B></TD><TD STYLE="text-align: justify"><B><U>Determination of the number of Regular and Alternate Directors and, where appropriate, election
thereof until the number set by the AGM is completed</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Board of Directors will not make recommendations in this
regard, but informs that the term of office of director Em&eacute;rico Alejandro Stengel expires at the AGM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The controlling shareholder of the Company
has informed that will request that the number of regular directors remains at 8 and that no alternate directors be appointed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Also, the controlling shareholder of the
Company has made a proposal to re-elect Mr. Em&eacute;rico Alejandro Stengel as regular director for the term of two fiscal years,
i.e. until the occurrence of the annual shareholders&rsquo; meeting of the Company that considers the documents set forth by section
234, subsection 1 of Law No. 19,550, related to the fiscal year to end December 31, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following is a summary of the professional
background of Mr. Em&eacute;rico Alejandro Stengel:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Em&eacute;rico Alejandro Stengel</I>
is an Industrial Engineer from Universidad de Buenos Aires and holds an MBA from The Wharton School of the University of Pennsylvania.
He worked in Corporate Banking at Citibank and Banco Santander. Later, he became a partner of Booz Allen Hamilton, a global management
consulting firm where, until October 2007, worked with multinational and large corporations in Latin America, the United States
and Europe on Strategy, Governance, Organization and Operations. He has led various strategic integration and operations enhancement
projects for the financial services industry. Between 2006 and 2007 he served as an Independent Director of Los Grobo Agropecuaria,
a leading agribusiness company that won the National Quality Award in 2010, and from October 2007 til May 2011 served as CEO of
such company. He joined the Board of Grupo Supervielle in July 2010. At present, he is the COO of Banco Supervielle S.A. and serves
as Second Vice-Chairman of Grupo Supervielle S.A., Vice-Chairman of Supervielle Productores Asesores de Seguros S.A. and as member
of the Boards of Directors of Cordial Compa&ntilde;&iacute;a Financiera S.A., Supervielle Seguros S.A., InvertirOnline S.A.U. and
Bolsillo Digital S.A.U.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It is hereby informed that Mr. Em&eacute;rico
Alejandro Stengel, in case is re-elected as director, will have the status of &ldquo;non-independent&rdquo; according to the provisions
of regulations in force of the CNV.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>8.</B></TD><TD STYLE="text-align: justify"><B><U>Appointment of members of the Supervisory Committee</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Board of Directors will not make recommendations
in this regard, but informs that the controlling shareholder of the Company has informed that will propose to the AGM that Messrs.
Enrique Jos&eacute; Barreiro, Carlos Alfredo Ojeda and Valeria Del Bono Lonardi be appointed as regular syndics and Messrs. Carlos
Enrique Lose, Roberto An&iacute;bal Boggiano and Jorge Antonio Berm&uacute;dez be appointed as alternate syndics, all for the term
of one year, i.e. until the anual shareholders&rsquo; meeting of the Company that considers the documents set forth by article
234, subsection 1 of Law N &deg; 19,550, corresponding to the fiscal year ending on December 31, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">The following
is a summary of the candidates&rsquo; professional background:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Enrique Jos&eacute; Barreiro</I> holds
a degree in Accountancy graduated from Universidad Nacional de Lomas de Zamora. From 1969 until May 2000, he worked at Banco Tornquist/Credit
Lyonnais, where he held the position of Assistant Accountant. From June 2000 until June 2007, he held the position of Assistant
Accountant and General Accountant at Banco San Luis/Banco Banex S.A. He currently serves as a Syndic of de Grupo Supervielle S.A.,
Banco Supervielle S.A., Tarjeta Autom&aacute;tica S.A., Sofital S.A.F. e I.I., Cordial Compa&ntilde;&iacute;a Financiera S.A.,
Espacio Cordial de Servicios S.A., Supervielle Seguros S.A., InvertirOnline S.A.U., InvertirOnline.com Argentina S.A.U., Micro
Lending S.A.U., Supervielle Productores Asesores de Seguros S.A., Bolsillo Digital S.A.U. and Futuros del Sur S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Carlos Alfredo Ojeda</I> holds a degree
in Accountancy graduated from Universidad de Buenos Aires. He was an Internal Audit Manager of the International Division of Gillette
Company until 1977, and worked in Argentina, Brazil, Chile and Per&uacute;. He was a partner of a major local audit firm until
1995. He is a consultant on audit and corporate issues and has an active participation in management and control aspects of corporations
in various industries. He has lectured at Universidad de Buenos Aires, including courses on Financial Planning and Budget Control
and Audit and Management Control. He was also a speaker at various seminars and courses in his areas of specialty. He is a co&#45;author
of <I>Auditor&iacute;a &ndash; T&eacute;cnica y Pr&aacute;ctica </I>and <I>Normas para la Presentaci&oacute;n de Estados Contables
de Sociedades por Acciones</I>. He is also a contributor to the publication <I>Doctrina Societaria y Concursal</I>. He currently
serves as Syndic of Grupo Supervielle S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Valeria Del Bono Lonardi</I> is a Lawyer
graduated from Universidad de Buenos Aires and attended other professional specialization courses, including the International
Criminal Update Program at Universidad Austral (2009). She joined Salvi Law Firm in 1995 and since then has been dedicated to the
counseling and practice of criminal law. Her professional specialization is mainly based on the dogmatic of criminal offenses,
with permanent assistance to insurance companies and independent professionals; the elaboration of strategies and proposals of
technical defenses in the framework of oral and public trials and the advice on the prevention of corporate fraud, particularly
to banking and financial entities. She is a member of the Bar Association of Buenos Aires and of the Bar Association of San Isidro.
She currently serves as a Syndic of Grupo Supervielle S.A. and as an Alternate Syndic of Banco Supervielle S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Carlos Enrique Lose </I>holds a degree
in Accountancy graduated from the Universidad de Buenos Aires. He worked for several years in the Audit Department of an important
audit firm, and later dedicated to providing business advice. He was a lecturer at the Universidad de Buenos Aires&rsquo; School
of Economics and has lectured courses at both public and private professional institutions. He is a founding partner of Berm&uacute;dez,
Lose &amp; Asociados. He has published different Works with specialized journals and is a co-author of the book <I>Normas de Presentaci&oacute;n
de Estados Contables de Sociedades por Acciones</I>. He currently serves as an Alternate Syndic of Grupo Supervielle S.A., Cordial
Compa&ntilde;&iacute;a Financiera S.A., Espacio Cordial de Servicios S.A.; InvertirOnline.com Argentina S.A.U., InvertirOnline
S.A.U., Micro Lending S.A.U. and Bolsillo Digital S.A.U.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Roberto An&iacute;bal Boggiano</I> holds
a degree in Accountancy graduated from Universidad de Buenos Aires. He attended post&#45;graduate seminars on planning and corporate
taxation. He has worked at several companies, including Celulosa Jujuy S.A., where he was as an analyst accountant assistant, general
accountant and chief of planning from 1978 to 1994; Sert S.A., where he served as the administrative manager from 1994 to 1995;
and Estudio Carlos Asato y Asociados, where he was in charge of corporate taxation and advising from 1995 to 2011. He currently
serves as an Alternate Syndic of Grupo Supervielle S.A. and as Syndic of Banco Supervielle S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Jorge Antonio Berm&uacute;dez</I> holds
a degree in Accountancy graduated from Universidad de Buenos Aires. After working in the Audit Department of a major firm, he specialized
in the Consulting and Finance fields, where he held senior management positions at important service companies. Later on he became
a full time advisor in these fields. He was also a professor at the School of Economics of Universidad de Buenos Aires and lectured
courses in private entities in addition to those arranged by his own firm. At present, he is an alternate syndic of Banco Supervielle
S.A., Cordial COmpa&ntilde;&iacute;a Financiera S.A., Espacio Cordial de Servicios S.A., InvertirOnline S.A.U., InvertirOnline.com
Argentina S.A.U., Micro Lending S.A.U. and Bolsillo Digital S.A.U.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All members proposed to comprise the Supervisory
Committee will have the status of &ldquo;independent&rdquo; according to the regulations in force of the CNV.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>9.</B></TD><TD STYLE="text-align: justify"><B><U>Allocation of the results of the fiscal year ended December 31, 2019. Consideration of: (i)
the creation of Voluntary Reserves under the terms of section 70 of the General Companies Law for the future distribution of dividends
and/or for future investments; and (ii) the distribution of cash dividends, as determined by the Shareholders&rsquo; Meeting</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with what was previously
exposed in the Annual Report, the Board of Directors proposes to distribute the results for the year ended December 31, 2019 amounting
to AR$ 4,257,932,990, as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.5in">(i) </TD>
    <TD STYLE="text-align: justify">the amount of AR$ 426,000,000 to the creation of a Voluntary Reserve for future dividends in accordance with the provisions of
section 70 of Law 19,550, to be released and distributed in the terms and with the scope established by the AGM when considering
the delegation of powers to the Board of Directors that will be dealt with in the following item of the Agenda; and</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">the amount of AR$ 3,831,932,990 to the creation of a Voluntary Reserve in accordance with the provisions
of section 70 of Law 19,550.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It is informed that dividends that are
to be distributed correspond, in part, to the results generated as from January 1, 2018, so, in accordance with the provisions
of Law No. 27,430 and if applicable, they will be subject to a 7% income tax withholding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>10.</B></TD><TD STYLE="text-align: justify"><B><U>Delegation to the Board of Directors of the power to release the Voluntary Reserve established
for the future distribution of dividends and to determine the opportunity, currency, term and other terms and conditions of the
payment of dividends according to the scope of the delegation granted by the Shareholders&rsquo; Meeting</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to what the AGM decides on the
previous item on the Agenda, it is set for the consideration of the shareholders the possibility of delegating to the Board of
Directors (under the terms and with the scope established when dealing with this item of the Agenda), until the date of the next
Ordinary General Shareholders Meeting that will consider the financial statements closed as of December 31, 2020, the powers to:
(i) release the Voluntary Reserve established for the future distribution of dividends and (ii) determine the opportunity, amount,
currency, terms and other terms and conditions of the payment of dividends.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The delegation of powers to the Board
of Directors is based on the need to resolve possible delays that may occur taking into consideration the current
restrictions to access the Free Foreign Exchange Market and the large number of foreign shareholders that the Company has.
Furthermore, on September 1, 2019, through the issuance of Decree No. 609/2019 (the &ldquo;Decree 609&rdquo;), the National
Executive Power imposed certain exchange controls. Decree 609 empowers the Central Bank of Argentina (&ldquo;BCRA&rdquo;) to
determine in which cases its prior consent will be required for the purchase and / or transfer abroad of foreign currency.
After issuing these initial regulations, the BCRA issued several additional communications with the objective of clarifying,
complementing and adjusting the exchange controls imposed by Decree 609 and Communication &ldquo;A&rdquo; 6770 (all those
Communications from the BCRA, together with Decree 609, the &ldquo;New Exchange Rules&rdquo;). As a consequence of the New
Exchange Rules, the purchase and transfer of foreign currency abroad has been limited, being now subject to compliance with
certain requirements. To date, the BCRA continues to issue regulations in order to monitor and regulate the country&rsquo;s
exchange rate policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on the foregoing, the Board of Directors
intends to offer, in the event that this is permitted by the regulations in force at any time, alternatives that, while respecting
the principle of equality of all shareholders, may allow them to receive the payment of their dividends in the current context.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Board of Directors recommends to adjust
the exercise of the powers that the AGM delegates to the following terms and conditions in order to safeguard the compliance with
current regulations and to ensure the adoption of a clear and precise procedure that enables the shareholders to vote on a properly
founded basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For such purposes, the Board of Directors
with the scope of the powers delegated to it by the AGM shall proceed to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">1)</TD><TD STYLE="text-align: justify">Partially release the Voluntary Reserve established for the future distribution of dividends for
up to the amount of AR$ 426,000,000.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">2)</TD><TD STYLE="text-align: justify">Distribute the released sum as a cash dividend as proposed in item 1) above. For the distribution
of dividends as a result of said release, the provisions of the General Resolution No. 777/2018 of the CNV must be applied, which
states that &ldquo;the distribution of profits must be treated in the currency of the date of the shareholders&rsquo; meeting by
using the price index corresponding to the month prior to the meeting&rdquo;.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">3)</TD><TD STYLE="text-align: justify">Determine the commencement date at which the shareholders shall start collecting in accordance
with the provisions of the rules of the CNV and of Bolsas y Mercados Argentinos S.A. (&ldquo;BYMA&rdquo;) and the procedures and
other terms and conditions established by Caja de Valores S.A.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">4)</TD><TD STYLE="text-align: justify">Offer to all shareholders the option that dividends be paid, according to their respective holdings,
in pesos or in US dollars.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">5)</TD><TD STYLE="text-align: justify">If the Board receives the authorization of the BCRA to access the Free Foreign Exchange Market
for the payment of dividends in US dollars within fifteen (15) calendar days as from the AGM, the conversion value from pesos to
dollars will be carried out according to the currency seller exchange rate <I>(tipo de cambio vendedor divisa)</I> of Banco de
la Naci&oacute;n Argentina corresponding to the closing of the trading day immediately prior to the date on which the Company transfers
the dividends to Caja de Valores S.A.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">6)</TD><TD STYLE="text-align: justify">If the Board of Directors does not receive the authorization from the BCRA to access the Free Foreign
Exchange Market for the payment of dividends within fifteen (15) calendar days as from the AGM, to the extent legally possible,
shareholders may choose to receive the payment of the dividend in pesos in an account in Argentina or to receive the dividend in
US dollars either in a local or a foreign account, instructing the Company to carry out the following operations. In case the shareholder
chooses to receive the dividend in US dollars in a foreign account, the amount to be received will be the result of (i) dividing
the amount in pesos that the shareholder is entitled to receive as dividends by (ii) the quotient that results from dividing (y)
the offer price in pesos of any series or value of a certain bond issued by the Government of the Republic of Argentina (the &ldquo;Bond&rdquo;)
in the &ldquo;spot trading mode&rdquo; at BYMA at 12.00 noon Buenos Aires time, 72 business hours prior to the date on which the
dividends are made available, by&nbsp;z) the bid price of the Bond in US dollars with a 48 hours settlement in New York at 12.00
noon Buenos Aires time on the same date. In the event that the shareholder chooses to receive the dividends in US dollars in a
local account, the amount that the shareholder will receive will be the result of (i) dividing the amount in pesos that the shareholder
is entitled to receive as dividends by (ii) the quotient that results from dividing (y) the offer price in pesos of any series
or value of a certain bond issued by the Government of the Republic of Argentina (the &ldquo;Bond&rdquo;) in the &ldquo;spot trading
mode&rdquo; at BYMA at 12.00 noon Buenos Aires time, 72 business hours prior to the date on which the dividends are made available,
by (z) the bid price of the Bond in US dollars traded in BYMA at 12.00 noon Buenos Aires time on the same date.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">7)</TD><TD STYLE="text-align: justify">The shareholder may choose to receive the dollars in a local bank account or in a bank account
in New York, United States of America, depending on the option chosen.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">8)</TD><TD STYLE="text-align: justify">For the purposes of exercising the option in accordance with the above detailed procedure,
                                 shareholders who wish to receive the dividend in US dollars must notify Caja de Valores S.A. (at 25 de Mayo 362, Autonomous
                                 City of Buenos Aires) from 10 am
to 3 pm, within the term established by the Board of Directors for this purpose. At that time they must also inform if they choose
to be paid locally or in New York, United States of America, in both cases detailing the relevant bank account.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">9)</TD><TD STYLE="text-align: justify">In the case of those shareholders who have not submitted the notification as set forth in 8) above,
the dividends will be available to them in pesos at Caja de Valores S.A. in Argentina, during the legal prescription term.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">10)</TD><TD STYLE="text-align: justify">Withhold in the relevant cases, the sums duly paid by the Company, in its capacity as Substitute
Person Responsible for the Tax on Personal Assets.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The AGM may delegate to the Board of Directors
the power to make modifications and / or to complement the payment procedure established above, provided that said modifications
and / or additional considerations fall within the applicable legal framework and are deemed necessary by the Board of Directors
due to well-founded causes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>11.</B></TD><TD><B><U>Remuneration of the Certifying Accountant of the financial statements for the fiscal year ended December 31, 2019</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As per the recommendation of the Audit
Committee, the Board of Directors proposes that the remuneration of the Certifying Accountant of the financial statements for the
year fiscal ended December 31, 2019 be the sum of AR$ 3,017,231.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For information purposes only, the remuneration
of the Certifying Accountant of the financial statements as of December 31, 2019 of the Company and its controlled companies totaled
AR$ 63,063,871.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>12.</B></TD><TD STYLE="text-align: justify"><B><U>Appointment of Regular and Alternate Certifying Accountants of the financial statements for
the fiscal year to end December 31, 2020 and determination of their remuneration</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As per the recommendation of the Audit
Committee, the Board of Directors proposes to appoint Santiago Jos&eacute; Mignone and Carlos Mart&iacute;n Barbafina of the firm
Price Waterhouse &amp; Co. S.R.L., as Certifying Accountants, regular and alternate, respectively, for the financial statements
of the fiscal year to end on December 31, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">With regards to their remuneration, it
is proposed that it be determined by the annual meeting of the Company that considers the financial statements as of December 31,
2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>13.</B></TD><TD STYLE="text-align: justify"><B><U>Allocation of the budget to the Audit Committee in the terms of section 110 of the Capital
Markets Law No. 26,831, to obtain legal advice and advice from other independent professional and hire their services</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As per the recommendation of the Audit
Committee, the Board of Directors proposes that a budget of AR$ 2,700,000 be allocated to the Audit Committee, in order to be used
for the payment of professional consulting, advising, legal or training services during the fiscal year to end on December 31,
2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>14.</B></TD><TD STYLE="text-align: justify"><B><U>Renewal of the delegation of powers to the Board of Directors to: (i) determine the terms
and conditions of the classes and / or series of negotiable obligations to be issued under the Programme I of Global Short, Medium
and / or Long-Term Negotiable Obligations for a face value of AR$ 1,000,000,000 or its equivalent in other currencies (authorized
by the National Securities Commission through Resolution No. 18.041 of May 2, 2016); and (ii) carry out all the necessary procedures
before the National Securities Commission, Bolsas y Mercados Argentinos S.A., Mercado Abierto Electr&oacute;nico S.A. and / or
any other stock market in the country and / or abroad and before any comptroller authority or relevant body in Argentina and /
or abroad in relation to the Programme, the issuance and the public offering of the negotiable obligations to be issued under it
and the listing and / or negotiation of said negotiable obligations in the securities markets determined by the Board of Directors</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In consideration of the validity of the
Programme I of Global Short, Medium and / or Long-Term Negotiable Obligations for a face value of AR$ 1,000,000,000 or its equivalent
in other currencies (authorized by the National Securities Commission through Resolution No. 18.041 of May 2, 2016) (the &ldquo;Programme&rdquo;),
it is recommended to renew the delegation of powers to the Board of Directors to (i) define, approve and subscribe the terms and
conditions of the classes and / or series of negotiable obligations to be issued under the Programme, with the capacity to negotiate,
sign and grant as many acts and / or documents as necessary for such purposes; and (ii) carry out all the necessary procedures
before the National Securities Commission, Bolsas y Mercados Argentinos S.A., Mercado Abierto Electr&oacute;nico S.A. and / or
any other stock market in the country and / or abroad and before any comptroller authority or relevant body in Argentina and /
or abroad to obtain authorization for the issuance and public offering of the negotiable obligations to be issued under it and
the listing and / or negotiation of said negotiable obligations in the securities markets determined by the Board of Directors,
expressly stating that the above mentioned list of powers is not exhaustive and that it includes with the widest permitted scope
all the powers necessary for the achievement of the proposed purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><B>15.</B></TD><TD STYLE="text-align: justify"><B><U>Authorizations</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Board of Directors proposes to authorize:
(i) any of the Directors of the Company, so that, with the broadest powers, they may submit a public deed and / or perform any
necessary and / or convenient act in order to implement and document what has been approved; (ii) Messrs. Sergio Gabriel Gabai,
Leandro Carletti, Mar&iacute;a Lucrecia Galland, Carla C&aacute;nepa and Delfina Aira, as members of the Legal Department, so that
any of them can, separately, jointly, alternatively and indistinctly, with the broadest capacities, perform all procedures deemed
necessary and / or conducive to obtain the formation and registration of the resolutions passed through the AGM as a competent
authority, and are able to sign public and / or private documents, publish notices, sign the sworn statements and professional
reports required by current regulations and so that after the instruments have been granted, proceed to its registration before
the corresponding Registry of Commerce; carry out all the procedures necessary to obtain the authorizations planned in the AGM
before the National Securities Commission, Bolsas y Mercados Argentinos S.A., Mercado Abierto Electr&oacute;nico S.A. and any other
securities market, regulatory authority, agency or entity that may correspond, including without limitation the Official Gazette,
which may submit applications, make publications, sign documents, withdraw views, remove copies of documentation, answer hearings,
interpose resources, make disclosures, request photocopies, grant any another public and / or private instrument and, in general,
perform all the procedures, filings and proceedings that were needed to fulfill its task.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Grupo Supervielle S.A.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.45pt 0pt 0; text-align: justify">Responsible for Markets Relations</P></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Grupo Supervielle S.A.</B></FONT></TD></TR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Date: March 30, 2020 </FONT></TD>
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
<TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Alejandra Naughton &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
<TD STYLE="width: 4%; font-size: 10pt">&nbsp;</TD>
<TD STYLE="width: 5%; font-size: 10pt"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
<TD STYLE="width: 41%; font-size: 10pt"><FONT STYLE="font-size: 10pt">Alejandra Naughton</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0">&nbsp;</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
