First Quarter, 2024 Earnings Report

Interest Rate Sensitivity Well-positioned to demonstrate agility in a changing rate environment Net Interest Income Sensitivity to a +/- 100 bps change ($MM)1 Year 1 SBU Composition of Structural Interest Rate Sensitivity 1,2 1% Endnotes are included on slides 49 to 54. CIBC (328) +100 bps Year 1 - 100 bps 277 6.00 5.00 22% 4.00 45% 3.00 Q1/24 2.00 21% 1.00 11% Personal & Business Banking U.S. Commercial & Wealth Cdn. Commercial & Wealth Capital Markets Corporate & Other Interest Rate Environment in Canada and the U.S.3 Historic Actuals Oct-17 Apr-18 | Oct-18 CAD 5-YR Swap Rate BoC Overnight Rate Apr-19- Oct-19 Apr-20 Oct-20- Apr-21 Oct-21 Apr-22 Oct-22 Apr-23 Oct-23 • Year 1 benefit of $277MM from an immediate and sustained 100 bps increase to our net interest income as at January 31, 2024, with approximately 45% driven by short-term rates Year 2 benefit from rising rates (+100 bps) of approximately $600MM, driven primarily by long rates Year 1 impact of $(328)MM from an immediate and sustained 100 bps decrease to our net interest income as at January 31, 2024, with approximately 55% from short-term rates First Quarter, 2024 USD 5-YR Swap Rate Fed Funds Rate Apr-24- Oct-24- 36 Implied Forwards

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