Q1 2020 Fixed Income Investor Presentation

11 CIBC Snapshot CIBC (CM: TSX, NYSE) is a leading North American financial institution. Through our four strategic business units - Canadian Personal and Small Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets - our 45,000 employees provide a full range of financial products and services to 10 million personal banking, business, public sector and institutional clients in Canada, the U.S. and around the world. As at, or for the period ended, January 31, 2020: Q1 2020 Adjusted Net Income by SBU1,2 CIBC's Stock ■ Market Cap ■ Dividend Yield Adjusted ROE¹ $48.0 billion 5.3% 16.1% ■ Five-Year TSR 55.7% Canadian Personal & Small Business Banking 42% ■ Clients Banking Centres ~10 million 1,022 CIBC ■ Employees 45,083 ■ Total Assets ■ Moody's CIBC's Credit Rating³ ■ S&P Fitch $672.1 billion Aa2 (Senior A2), Stable A+ (Senior BBB+), Stable AA- (Senior AA-), Stable ■ DBRS AA (Senior AA (low)), Stable U.S. Commercial Banking & Wealth Management 13% Adjusted results are non-GAAP measures. See the non-GAAP section of CIBC's Q1 2020 Report to Shareholders. (1) (2) Excludes the Corporate & Other segment. (3) Long-term senior debt ratings. DBRS LT Issuer Rating; Moody's LT Deposit and Counterparty Risk Assessment Rating; S&P's Issuer Credit Rating; Fitch LT Issuer Default and Derivative Counterparty Rating. Includes: (a) Senior debt issued prior to September 23, 2018; and (b) Senior debt issued on or after September 23, 2018 which is excluded from the bank recapitalization "bail-in" regime. (4) Subject to conversion under the bank recapitalization "bail-in" regime CIBC Q1 2020 Fixed Income Investor Presentation Canadian Commercial Banking & Wealth Management 23% Capital Markets 23% CIBC

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