CIBC Investor Presentation

CIBC's Mortgage Portfolio 1. CIBC Canadian Residential Mortgages: CAD 225.8 BN Condo Exposure: CAD 37.3 BN Condo Mortgages Condo Developers CAD 121 BN 77% CAD 45 BN Insured ■ Uninsured CAD 26 BN 79% CAD 17 BN CAD 16 BN 49% 23% 21% 51% Ontario British Columbia and territories Alberta 66% 34% Quebec 53% 47% Other • CAD 31.4 BN CAD 5.9 BN Uninsured 69% Undrawn 76% Insured 31% Drawn 24% 28% of CIBC's Canadian residential mortgage portfolio is insured, with 67% of insurance being provided by CMHC • The average loan to value¹ of the uninsured portfolio is 51% The condo developer exposure is diversified across 104 projects Condos account for approximately 14% of the total mortgage portfolio LTV ratios for residential mortgages are calculated based on weighted average. The house price estimates for April 30, 2021 and October 31, 2020 are based on the Forward Sortation Area level indices from the Teranet - National Bank National Composite House Price Index (Teranet) as of March 31, 2021 and September 30, 2020, respectively. Teranet is an independent estimate of the rate of change in Canadian home prices. CIBC CIBC Investor Presentation | 41

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