Covered Bond Program Overview

CIBC Funding Strategy and Sources Funding Strategy CIBC • CIBC's funding strategy includes access to funding through retail deposits and wholesale funding and deposits . CIBC updates its three-year funding plan on at least a quarterly basis The wholesale funding strategy is to develop and maintain a sustainable funding base through which CIBC can access funding across many different depositors and investors, geographies, maturities, and funding instruments Wholesale Funding Sources Wholesale Market (CAD Eq. 195.1BN), Maturity Profile 80 Wholesale deposits Canada, U.S. Credit card securitization Canada, U.S. ■Secured ■ Unsecured 70 Mortgage securitization 孟 40 Global MTN programs programs 6222 20 60 50 37 30 20 10 13 33 23 20 31 21 Covered Bond program Structured Notes 6 5 4 Less than 1m 1m-3m 3m-6m 6m-12m 1y-2y Over 2y Source: CIBC Q2/22 Report to Shareholders 27

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