Investor Presentation Fourth Quarter 2020

Fiscal 2020 Key Performance Measures EPS PPE² Efficiency Ratio CET1 Ratio Reported $8.22 Reported $7.4B Reported 60.6% 12.1% +56 bps YoY $9.69 Adjusted¹ Adjusted¹ $8.2B Adjusted (TEB)1 -19% YoY +0% YoY 55.8% +30 bps YoY ROE Divided Payout Ratio PCL Ratio Reported 10.0% Reported 70.7% Total 61 bps +28 bps YoY Adjusted¹ 11.7% Adjusted¹ 60.0% Impaired 26 bps -3 bps YoY CIBC 1 Adjusted results are non-GAAP financial measures. See slide 38 for further details. 2 Pre-provision earnings (PPE) is revenue net of non-interest expenses and is a non-GAAP measure. See slide 38 for further details. 3 Allowance for credit loss to gross carrying amount of loans. The gross carrying amount of loans include certain loans that are measured at FVTPL. Allowance for Credit Losses Coverage Ratio³ 0.89% +38 bps YoY Fourth Quarter, 2020 4

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