Q2 2023 Financial Results

Asset yields and funding costs Average Assets ($B) & Yields 1,2,3 5.17% 4.77% 3.89% 2.89% 2.21% Average Liabilities and Equity ($B), & Costs 1,4,5 1.28% 0.60% 2.38% 3.63% 3.28% 948 953 933 900 882 882 900 948 50 953 50 933 51 49 48 245 234 209 216 212 384 389 362 361 368 177 190 189 177 174 3.27% 3.77% 1.54% 2.01% 2.79% 140 106 118 0.95% 1.66% 2.66% 155 3.48% 166 3.90% 493 2.84% 510 526 529 535 201 203 212 214 209 0.45% 1.09% 2.13% 3.05% 3.49% 3.46% 4.38% 5.19% 5.57% 166 162 157 150 145 0.20% 0.36% 0.70% 0.88% 0.93% Q2/22 Q3/22 Q4/22 Loans & Acceptances Securities Q1/23 Other Q2/23 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Yield on Avg. Interest-Earning Assets Notice/Demand - Personal Equity Notice/Demand - Corporate & Commercial Term - Client Other Cost of Liabilities over Avg. Interest-Earning Assets • • Loan yields continue to expand (YoY and sequentially), capturing rate increases by the Bank of Canada and the Fed Despite mix shift to higher-yield term deposits as a result of changes in client behaviour, demand and notice deposit betas behaving generally as expected and driving relative stability in interest expense CIBC◇ For footnoted information refer to slide 38. 22% Client Deposit Mix (Spot Balances)6 Q2/22 $477B 52% 32% 26% Q2/23 $514B 47% 21% Interest-Bearing Deposits - Notice/Demand Interest-Bearing Deposits - Term Non-Interest- Bearing Deposits 13

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