Q2 2023 Financial Results

Highlights - Capital Markets Reported & Adjusted¹ ($MM) Revenue² Q2/23 YOY QoQ 1,362 3% (8%) Non-Trading Net Interest Income 475 (2%) (11%) Non-Trading Non-Interest Income 317 32% 19% Trading Revenue 571 (3%) (16%) Expenses 664 12% 2% PPPT³ 698 (4%) (16%) Provision for Credit Losses 19 $33 $29 Net Income 497 (8%) (19%) Loans (Average, $B) 4,5 71 15% 3% Deposits (Average, $B)5 121 25% 2% Strategic priorities accelerating growth Leverage our leading platform, capabilities and expertise in Canada to grow with our clients Expand our franchise in the US, to continue delivering double-digit growth Focus on connectivity to accelerate Direct Financial Services and deepen relationships across our bank Q2/23 | Key Highlights +160K Net New Client Growth [LTM]6 in Simplii Financial +7% U.S. Revenue Growth $43MM increase over YTD Q2/22 +34% DFS Revenue Growth Continued momentum across the businesses CIBC◇ For footnoted information refer to slide 39. 22 222

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