Covered Bond Program Overview

Legislative Programme Summary Programme Size Ratings Asset Percentage Currency Guarantor Listing Law Collateral Pool Eligibility Arrangers Tenor Coupon Bullet Type ECBC Covered Bond Label CAD 60,000,000,000 Aaa / AAA by Moody's / Fitch Currently at 93.0% Most Convertible Currencies CIBC Covered Bond (Legislative) Guarantor Limited Partnership Luxembourg Canadian Legislative Framework (National Housing Act) Canadian uninsured residential loans (mortgages and home equity lines¹) CIBC / HSBC 3-10 year expected issuance Fixed or Float Hard or soft [All issuance to date has been soft] Joined in 2018 CIBC◇ 1. No plans to include home equity lines of credit in the near future 35

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