Canadian Personal Banking Digital Transformation

Increased allowance to reflect the current economic backdrop Allowance for Credit Losses ($MM) 0.78% Coverage¹ Allowance for Credit Losses up YoY & QoQ • Performing allowance increased this quarter as a result of updates to forward looking outlook related to COVID-19 0.86% Coverage1 3,609 . • Impaired allowance increased this quarter due to higher impairments Coverage¹ increased to 86 basis points based on the current economic headwinds 300 225 3,311 809 (227) 910 2,502 2,699 Q2/20 PCL on Performing PCL on Impaired Loans Loans Net Write-offs, FX and Others Q3/20 ■Performing Impaired Provision on Performing Loans ($MM) 236 (124) 225 Provision on Performing Loans by Business Segment U.S. Commercial & Wealth 53% Capital Markets 2% $225MM Corporate and Other 9% 113 Forward Looking Indicator Update COVID Specific Net Adjustments Other² CIBC Performing PCL 1 Allowance for credit loss to gross carrying amount of loans. The gross carrying amount of loans include certain loans that are measured at FVTPL. 2 Other includes credit migration, model parameter updates and other movements. Cdn. Commercial & Wealth 5% Personal & Business Banking 31% 16

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