Canadian House Prices and Banking Performance

CIBC's Mortgage Portfolio CIBC Canadian Residential Mortgages: CAD 262.7 BN CAD 146 BN CIBC 85% CAD 52 BN Insured Uninsured CAD 27 BN 86% CAD 21 BN CAD 16 BN 56% 15% 44% 14% 76% 24% 62% 38% Ontario BC & Territories Alberta Quebec Other Condo Exposure: CAD 46.2 BN Condo Mortgages Condo Developers CAD 39.1 BN CAD 7.1 BN Uninsured 80% Undrawn 76% Insured 20% Drawn 24% 19% of CIBC's Canadian residential mortgage portfolio is insured, with 61% of insurance being provided by CMHC The average loan to value¹ of the uninsured portfolio is 52% The condo developer exposure is diversified across 105 projects Condos account for approximately 15% of the total mortgage portfolio For footnoted information refer to slide 39. 30

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