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Investor Presentation

...and prudent risk management 31 Allowance for Credit Losses/Gross Loans 1,2 0.89% 0.51% 0.45% 2018 2019 2020 Loan Loss Ratio 2,3,4 (bps) =4 34 29 25 25 26 29 23 2016 2017 2018 33 26 26 0.64% 0.61% 2021 Q1/22 61 16 11 6 4 2019 2020 2021 Q1/22 COVID-19 Pandemic Impaired Total CIBC 1 Allowance for credit losses to gross carrying amount of loans. The gross carrying amount of loans include certain loans that are measured at FVTPL. 2 Results were affected by COVID-19 pandemic economic impacts. 3 Fiscal years 2016 and 2017 are under IAS 39. Effective November 1, 2017, we adopted IFRS 9. 4 The ratio is calculated as the provision for credit losses on loans to average loans and acceptances, net of allowance for credit losses. 21
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