Covered Bond Program Overview

Canadian Uninsured Residential Mortgages - Q2/22 Originations¹ FICO score Distribution 3% 3% 3% ≤650 13% 11% 12% 44% 41% 42% 31% 30% 27% 15% 12% 13% 651-700 701-750 751-800 >800 ■ Canada ■ GVA³ 3 3 ■GTA³ Loan-to-value (LTV)² Distribution 16% 19% 18% 12% 9% 9% 4% 5% 4% <30% CIBC 39% 36% 34% 35% 32% 28% 30 to <45% 45 to <60% 60 to ≤75% >75% ■ Canada ■ GVA³ ■GTA³ 3 • • Originations of $17B in Q2/22 Average LTV2 in Canada: 65% GVA³: 62% GTA³: 64% 1 Originations include refinancing of existing mortgages but not renewals. 2 LTV ratios for residential mortgages are calculated based on weighted average. See page 31 of the Q2/22 Quarterly Report for further details. 3 GVA and GTA definitions based on regional mappings from Teranet. 49

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