Fourth Quarter, 2023 Financial Overview

Business Performance & Outlook Well-positioned to navigate uncertainty and deliver stakeholder value Fiscal 2023 Highlights Revenue Growth Reported & Adjusted¹ 7% YoY Expense Growth Reported: 12% YoY Adjusted¹: 6% YoY ☑ PPPT Growth² Reported: (1)% YoY Adjusted¹: 8% YoY Diluted EPS Growth Reported: (23)% YoY Adjusted 13: (5)% YoY Impaired Loss Ratio 29.8 bps +16 bps YoY Operating Leverage Reported: (5.2)% Adjusted 14: 1.2% CET1 Ratio 12.4% +65 bps YoY Return on Equity Reported: 10.3% Adjusted 15: 13.3% Looking Ahead Results demonstrate solid momentum through a strategy that will continue generating top-line growth Disciplined and proactive resource management will support positive operating leverage Strong capital position, well ahead of current regulatory requirements provides flexibility Well positioned to grow EPS and ROE as normalizing credit losses and rising capital levels stabilize Endnotes are included on slides 58 to 66. CIBC◇ Fourth Quarter, 2023 22

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