Canadian Bail-in Regime Update

Making progress against our Through the Cycle Financial Objectives Through the Cycle Financial Objectives 1,2 Diluted Earnings Per Share Growth 7%-10% Return on Equity • 16%+ Operating Leverage • Positive Dividend Payout Ratio 40%-50% • Diluted Earnings Per Share Growth Reported: (22.8)% | 3YR CAGR³: 7.9% | 5YR CAGR³: (2.4)% Adjusted 45: (4.7)% | 3YR CAGR³: 11.5% | 5YR CAGR³: 1.9% • Operating Leverage Reported: (5.2)% | 3YR Average: (0.6)% | 5YR Average: (1.5)% Adjusted 47: 1.2% | 3YR Average: 0.0% | 5YR Average: (0.1)% • Return on Equity Reported: 10.3% | 3YR Average: 13.5% | 5YR Average: 13.0% Adjusted 46: 13.3% | 3YR Average: 14.9% | 5YR Average: 14.4% Dividend Payout Ratio Reported: 66.6% | 3YR Average: 52.4% | 5YR Average: 55.6% Adjusted 48: 51.2% | 3YR Average: 45.9% | 5YR Average: 48.9% CIBC◇ For footnoted information refer to slide 67. 16

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