First Quarter, 2024 Earnings Report

Canadian Real Estate Secured Personal Lending Mortgage delinquencies perform in line with expectation • Mortgage originations continue to be driven by clients with deep and balanced relationships 90+ Days Delinquency Rates Q1/20 Q1/23 Q4/23 Q1/24 Total Mortgages 0.30% 0.16% 0.21% 0.25% • • 87% of mortgages are owner-occupied; investor mortgages performance is strong and compares favourably with owner-occupied mortgages Canadian uninsured mortgage loan-to-value ratios are 51%, with GTA and GVA at 51% and 44% respectively Insured Mortgages 0.43% 0.26% 0.29% 0.30% Uninsured Mortgages 0.24% 0.14% 0.20% 0.24% Uninsured Mortgages in GVA1 0.15% 0.17% 0.28% 0.28% • The portion of non-amortizing variable mortgages is $38B, down from a high of $52B in Q1/23, and represents 45% of the total variable rate mortgages Uninsured Mortgages in GTA¹ 0.14% 0.09% 0.16% 0.21% HELOC Balances ($B; principal) 19.1 19.0 19.0 10.4 10.3 10.3 Mortgage Balances ($B; principal) 263 266 265 142 143 143 87 89 89 6.2 6.2 6.2 2.5 2.5 2.5 34 34 33 Q1/23 Q4/23 Q1/24 Q1/23 Q4/23 Q1/24 ■GVA ■GTA ■ Other Region ■ GVA ■GTA ■ Other Region Endnotes are included on slides 49 to 54. CIBC First Quarter, 2024 25

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