GRUPO SUPERVIELLE S.A.
SUMMARY OF THE ORDINARY AND EXTRAODINARY SHAREHOLDERS’ MEETING HELD ON APRIL 27, 2023
On April 27, 2023, at 15:00 pm, Mr. Julio Patricio Supervielle as Chairman called to order the Ordinary Shareholders’ Meeting of Grupo Supervielle S.A. (the “AGM”), which was held, on first summons, via videoconference in accordance with the provisions of Article Fourteenth Bis of the Bylaws, through the use of “Microsoft Teams®”.
The AGM was attended on a virtual mode by 8 shareholders: 2 in person and 6 represented by duly authorized agents, holding 61,738,188 Class A book entry shares entitled to 5 votes per share and 283.179.538 Class B book entry shares entitled to 1 vote per share, all shares with a face value of AR $1 each. In total, shares represent a capital of AR$ 344.917.726 (77.92% of the share capital) and 591.870.478 votes (85.83% of the total votes), hence the quorum requirement of article 243 of Law No. 19,550 was met.
Directors Messrs. Julio Patricio Supervielle y Atilio Maria Dell´Oro Maini attended the meeting. The AGM was also attended by the members of the Supervisory Committee Messrs. Enrique José Barreiro and Carlos Alfredo Ojeda, the Certifying Accountants María Mercedes Baño and Santiago José Mignone and other members of management and personnel, all duly authorized. Mr. Joel Mainero attended the AGM as overseer appointed by the National Securities Commission whereas Mr. Eduardo Kupfer attended the AGM as overseer appointed by the Buenos Aires Stock Exchange.
It was stated that the publications of the summons to the AGM were made on March 28, 29, 30, 31 and April 3, 2023, in the Official Gazette of Argentina and on March 27, 28, 29, 30, and 31, 2023 in the newspaper Clarín.
Mr. Enrique José Barreiro, on behalf of the Supervisory Committee, verified that the AGM was held in virtual mode in accordance with the provisions of Article Fourteenth Bis of the Bylaws, through the use of “Microsoft Teams®”, that allowed: (i) the free access for all participants to the AGM as if it were held in person, as it was verified during the accreditation process; (ii) the possibility of participating with voice and vote through the simultaneous transmission of sound, images and words during the course of the AGM, ensuring equal treatment for all participants; and (iii) the recording of the AGM with its relevant backup in digital format.
Then, the items of the Agenda were addressed and voted as follows:
1. | Appointment of two shareholders to sign off the minutes of the Shareholders’ Meeting |
By a majority of computable votes, the shareholder Juan Pablo Molinari and the representative of the shareholder FGS-ANSES were appointed to sign off the minutes of the AGM.
The following is the outcome of such voting process:
Positive votes: 591,361,768
Abstentions: 184,920
Negative votes: 323,790
2. | Consideration of the documentation required by section 234, subsection 1 of the Law No. 19,550, for the fiscal year ended December 31, 2022 |
By a majority of computable votes, the Financial Statement, Income Statement, Other Comprehensive Income, Statement of Changes in Shareholders’ Equity, Statement of Cash Flows and Cash Equivalents, notes, schedules, complementary information, Auditor’s Report and Supervisory Committee’s Report for the fiscal year ended on December 31, 2022 were approved. Said financial statements corresponding to the fiscal year 2022 are restated in homogeneous currency using the National Consumer Price Index prepared by INDEC (base month: December 2016) for indexation and for those items with a previous date of origin, the index of Internal Wholesale Prices (IPIM)