First Quarter, 2024 Earnings Report

Canadian Consumer Lending Net write-offs and delinquencies trending in line with our expectations Net Write-offs: . Overall consumer net write-offs increased slightly QoQ, mainly attributable to credit cards • • YoY increases in personal lending were driven by sustained high interest rates and increasing unemployment rates Cards remained below pre-pandemic levels due to favourable insolvencies performance and the acquired Costco portfolio credit quality 90+ Days Delinquencies: While mortgage delinquencies have increased in-line with expectation, they remain below pre-pandemic levels Credit cards & personal lending QoQ increase is due to seasonality, combined with rising unemployment, and sustained high interest rates Reported Net Write-Offs Canadian Residential Mortgages Canadian Credit Cards Canadian Personal Lending Unsecured HELOC Q1/20 Q1/23 Q1/24 0.01% <0.01% <0.01% <0.01% Q4/23 3.16% 2.65% 2.64% 2.93% 0.77% 0.59% 0.96% 0.96% 1.80% 1.20% 1.86% 1.86% 0.02% 0.01% 0.02% 0.03% Total 0.28% 0.21% 0.27% 0.29% 90+ Days Delinquency Rates¹ Q1/20 Q1/23 Q4/23 Q1/24 Canadian Residential Mortgages Canadian Credit Cards Canadian Personal Lending² Unsecured 0.30% 0.16% 0.21% 0.25% 0.82% 0.74% 0.66% 0.78% 0.37% 0.41% 0.48% 0.53% 0.47% 0.52% 0.58% 0.67% HELOC 0.32% 0.27% 0.34% 0.46% Total 0.34% 0.22% 0.27% 0.32% Net Write-off Ratio¹ 0.29% 0.27% 0.21% 225 241 173 Q1/23 Q4/23 Q1/24 Net Write-offs ($MM) Net Write-off Ratio Endnotes are included on slides 49 to 54. CIBC Balances ($B; principal) 319 325 325 16 19 121 18 22 22 19 821 19 12 22 19 51 47 46 211 219 219 Q1/23 ■Uninsured Mortgages Q4/23 Q1/24 ■Insured Mortgages ■ HELOC Unsecured Personal Cards (including auto lending) First Quarter, 2024 24 24

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