First Quarter, 2024 Earnings Report

Balance Sheet NII continues to benefit from growth in loans and deposits, as well as margin expansion 1,400 Average Assets ($B) & Yields 1,2,3 5.60% 5.35% 1300 5.17% 3.63% 1,200 4.77% 5.61% 1/4000 Average Liabilities and Equity ($B), & Costs 1,4,5 1,300 4.16% 4.18% 3.86% 1,200 3.28% 1,100) 3.50% 1,100 982 1,000 953 933 944 962 500 234 209 211 213 25 1 953 962 933 944 982 54 4.00% 50 53 300 51 52 215 2000 800 11.50% 384 397 PADED 700 362 381 391 190 189 196 210 228 GADD 3.27% 3.77% 3.79% 4.08% 4.03% 600 500 500 200 155 166 167 171 DED AND 3.48% 3.90% 4.17% 4.37% 184 4.61% 0.50% этого 529 535 537 539 HIND 539 214 209 203 7000 5.19% 5.57% 5.78% 6.04% 3.05% 6.11% 3.49% 3.82% 200 207 3.96% 209 3.99% 100 150 145 141 140 0.88% 0.93% 0.77% 1.19% 138 1.06% Полипек -2130% Q1/23 Q2/23 Q3/23 Loans & Acceptances Securities Q4/23 Other Q1/24 Yield on Avg. Interest-Earning Assets Q1/23 Q2/23 Notice/Demand - Personal Q3/23 Q4/23 Q1/24 Equity Notice/Demand - Corporate & Commercial Term - Client Cost of Liabilities over Avg. Interest-Earning Assets Other Client Deposit Mix (Spot Balances)6 • Loan yields and deposit costs continue to rise, capturing recent rate increases by the Bank of Canada and the Federal Reserve • Further mix shift to higher-cost term deposits driven by changes in client behaviour; demand and notice deposit betas behaving in aggregate generally as expected, with some exceptions in either direction Endnotes are included on slides 49 to 54. CIBC 31% Q1/23 $519B First Quarter, 2024 21% 33% 48% Q4/23 $528B 47% 20% 35% Q1/24 $532B 18% 47% Interest-Bearing Deposits - Notice/Demand Interest-Bearing Deposits - Term Non-Interest-Bearing Deposits 10 110

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