Supervielle Amends 20-F to Update Bylaws, No Financial Changes

TL;DR

**SUPV's 20-F/A is a non-event, just updated bylaws; no new financial data to trade on.**

AI Summary

Grupo Supervielle S.A. filed an Amendment No. 1 to its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, on November 26, 2025. This amendment's sole purpose is to update Exhibit 1.1, which contains the company's bylaws, with an English translation. The original Form 20-F was filed on April 21, 2025. No financial statements or other substantive disclosures from the original filing, including revenue or net income figures, were amended or updated in this filing. The company confirmed that it has 375,992,997 Class B ordinary shares and 61,738,188 Class A ordinary shares outstanding as of December 31, 2024. Certifications from the Chief Executive Officer, Julio Patricio Supervielle, and Chief Financial Officer, Mariano Biglia, pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934 were included, with paragraphs 3, 4, and 5 omitted due to the absence of financial statement amendments. The filing explicitly states that it does not reflect events occurring after the original April 21, 2025 filing date and no revisions were made to the company's financial statements.

Why It Matters

This amendment is largely administrative, focusing on updated bylaws rather than financial performance, meaning investors should not expect new insights into Grupo Supervielle's revenue or profitability from this specific filing. For employees and customers, the updated bylaws might clarify corporate governance but have no direct operational impact. The competitive landscape remains unchanged by this filing, as it doesn't address market position or strategic shifts. Investors should refer to the original April 21, 2025 Form 20-F for financial performance and operational details, as this amendment provides no new financial data.

Risk Assessment

Risk Level: low — The risk level is low because this Form 20-F/A is an exhibit-only amendment, specifically updating the company's bylaws (Exhibit 1.1). It explicitly states that no financial statements are included, and no other information from the original Form 20-F filed on April 21, 2025, has been amended or restated. This administrative update does not introduce new financial risks or operational uncertainties.

Analyst Insight

Investors should view this filing as a procedural update with no immediate impact on Grupo Supervielle's valuation or operational outlook. There is no new financial information to act upon; instead, investors should continue to rely on the original Form 20-F filed on April 21, 2025, for the company's financial performance and strategic direction.

Key Numbers

• 375,992,997 — Class B ordinary shares outstanding (As of December 31, 2024, this represents the majority of the company's voting shares.)
• 61,738,188 — Class A ordinary shares outstanding (As of December 31, 2024, these shares also contribute to the company's capital structure.)
• April 21, 2025 — Original 20-F filing date (This is the date of the substantive financial report that this amendment refers to.)
• November 26, 2025 — 20-F/A filing date (This is the date of the current administrative amendment.)

Key Players & Entities

• Grupo Supervielle S.A. (company) — Registrant filing the 20-F/A
• Julio Patricio Supervielle (person) — Chief Executive Officer of Grupo Supervielle S.A.
• Mariano Biglia (person) — Chief Financial Officer of Grupo Supervielle S.A.
• SEC (regulator) — Securities and Exchange Commission
• New York Stock Exchange (regulator) — Exchange where SUPV is registered
• 375,992,997 (dollar_amount) — Number of Class B ordinary shares outstanding as of December 31, 2024
• 61,738,188 (dollar_amount) — Number of Class A ordinary shares outstanding as of December 31, 2024
• April 21, 2025 (date) — Original filing date of the Form 20-F
• November 26, 2025 (date) — Filing date of Amendment No. 1

FAQ

Industry Context

Grupo Supervielle operates within the Argentine financial services sector, which is characterized by a dynamic regulatory environment and sensitivity to macroeconomic conditions. The sector includes a mix of large private banks, state-owned banks, and smaller financial institutions. Key trends often involve digital transformation, evolving consumer banking preferences, and the impact of inflation and currency fluctuations on financial performance.

Regulatory Implications

As a foreign private issuer in the U.S., Grupo Supervielle must comply with SEC reporting requirements, including the filing of Form 20-F. This amendment highlights the importance of accurate and timely filing of corporate governance documents like bylaws. Any future changes to these bylaws could trigger further disclosure obligations.

What Investors Should Do

1. Review the original Form 20-F filing dated April 21, 2025, for substantive financial and operational information.
2. Note the outstanding share counts for Class A and Class B ordinary shares as of December 31, 2024.
3. Be aware that this amendment does not reflect any events or changes after April 21, 2025.

Key Dates

• 2024-12-31: Fiscal year end — Establishes the reporting period for the original Form 20-F.
• 2025-04-21: Original Form 20-F filing — This was the substantive annual report containing financial statements and other disclosures.
• 2025-11-26: Amendment No. 1 to Form 20-F filed — This amendment solely added an English translation of the company's bylaws as Exhibit 1.1, without altering financial data.

Glossary

Form 20-F/A

An amendment to a Form 20-F, which is an annual report filed by foreign private issuers with the U.S. Securities and Exchange Commission. (This filing is an amendment to the company's annual report.)

Bylaws

The rules and regulations enacted by a corporation to provide a framework for its own governance. (The primary purpose of this amendment was to include an English translation of the company's updated bylaws.)

American Depositary Shares (ADSs)

Securities traded in the United States that represent ownership of shares in a foreign company. (Grupo Supervielle's ADSs are traded on the New York Stock Exchange under the symbol SUPV.)

Class A ordinary shares

A class of ordinary shares issued by the company, with a nominal value of Ps.1.00 per share. (There were 61,738,188 Class A ordinary shares outstanding as of December 31, 2024.)

Class B ordinary shares

A class of ordinary shares issued by the company, with a nominal value of Ps.1.00 per share, representing the majority of voting shares. (There were 375,992,997 Class B ordinary shares outstanding as of December 31, 2024.)

Year-Over-Year Comparison

This filing is an amendment to the original Form 20-F filed on April 21, 2025. It does not contain updated financial statements or metrics, and therefore, a comparison of key financial metrics like revenue growth, net income, or margins to a prior period is not possible based on this specific amendment. The amendment's sole purpose was to include an English translation of the company's bylaws.

Filing Documents

• supv-20241231x20fa.htm (20-F/A) — 61KB
• supv-20241231xex1d1.htm (EX-1.1) — 44KB
• supv-20241231xex12d1.htm (EX-12.1) — 5KB
• supv-20241231xex12d2.htm (EX-12.2) — 4KB
• 0001517399-25-000055.txt ( ) — 434KB
• supv-20241231.xsd (EX-101.SCH) — 11KB
• supv-20241231_def.xml (EX-101.DEF) — 85KB
• supv-20241231_lab.xml (EX-101.LAB) — 30KB
• supv-20241231_pre.xml (EX-101.PRE) — 24KB
• supv-20241231x20fa_htm.xml (XML) — 13KB

Exhibit Index

Item 19.Exhibit Index Exhibit Number Description 1.1 Bylaws of Grupo Supervielle (English translation) (filed herein). 2.1 Deposit Agreement among Grupo Supervielle, The Bank of New York Mellon, as depositary, and the holders from time to time of American depositary shares issued thereunder, including the form of American depositary receipts, dated May 18, 2016 (incorporated by reference to Exhibit 2.1 to our Annual Report on Form 20-F (File No. 001-37777) filed on May 1, 2017). 2(d) Description of Securities Registered under Section 12(b) of the Exchange Act (incorporated by reference to Exhibit 2(d) to our Annual Report on Form 20-F (File No. 001-37777) filed on April 26, 2023). 8.1 List of subsidiaries of Grupo Supervielle (incorporated by reference to Exhibit 8.1 to our Annual Report on Form 20-F (File No. 001-37777) filed on April 21, 2025). 11.1 Insider Trading Policy (incorporated by reference to Exhibit 11.1 to our Annual Report on Form 20-F (File No. 001-37777) filed on April 21, 2025). 12.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herein). 12.2 Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herein). 13.1 Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (incorporated by reference to Exhibit 13.1 to our Annual Report on Form 20-F (File No. 001-37777) filed on April 21, 2025). 97 Incentive Compensation Clawback Policy (incorporated by reference to Exhibit 97 to our Annual Report on Form 20-F (File No. 001-37777) filed on April 26, 2024). 101. INS Inline XBRL Instance Document. 101. SCH Inline XBRL Taxonomy Extension Schema Document. 101. CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document. 101. LAB Inline XBRL Taxonomy Extension Label Linkbase Document. 101. PRE Inline XBRL Taxonomy Extension Presentation Linkba

SIGNATURES

SIGNATURES The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf. GRUPO SUPERVIELLE S.A. By: /s/ Julio Patricio Supervielle Name: Julio Patricio Supervielle Title: Chief Executive Officer By: /s/ Mariano Biglia Name: Mariano Biglia Title: Chief Financial Officer Date: November 26, 2025

View Full Filing

View this 20-F/A filing on SEC EDGAR