First Quarter, 2024 Earnings Report

Allowance for Credit Losses Allowance for credit losses continued to increase Our total provision for credit losses was $585MM in Q1/24, compared to $541MM last quarter Provision on impaired loans was $492MM, up $14MM quarter-over-quarter • Higher impaired provisions in retail loan portfolio, were partially offset by decreases in the business and government loan portfolio • The performing provision in Q1/24 was driven by increased provisions for the U.S. office sector, routine model parameter updates, and credit migration Total allowance coverage increased from 76bps in Q4 to 77bps this quarter Allowance for Credit Losses ($MM) - Q1/24 Movements Allowance Coverage 1 63bps Endnotes are included on slides 49 to 54. CIBC 76bps +1bps +5bps +3bps -8bps 77bps QoQ increase (+1bp) 207 285 4,117 93 4,182 ( 520 ) 3,371 Impaired Provisions $492MM Q1/23 Allowance Q4/23 Allowance Performing Provisions Retail Business and Government Net write-offs and other movements Q1/24 Allowance First Quarter, 2024 22 22

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