Canadian House Prices and Banking Performance slide image

Canadian House Prices and Banking Performance

Disciplined capital deployment driving strong returns ין Organic Growth • • Investing to strengthen our business remains our top priority Focusing on high-return initiatives, particularly technology enhancements and process simplification Minimizing unproductive goodwill CIBC $ ما Dividend Payout • 40-50% target payout ratio 1,2 Maintained or increased dividend every quarter since inception Inorganic Growth Open to opportunities subject to strict strategic and financial criterial Continue to focus our capital allocation on supporting our clients and maintaining a dividend payout ratio in our target range Share Buyback • Used to deploy excess capital opportunistically • Purchases made systematically with strong governance For footnoted information refer to slide 36. 6
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