Investor Presentation

CIBC's Mortgage Portfolio • CIBC Canadian Residential Mortgages: CAD 248.3 BN CAD 136 BN 82% CAD 50 BN Insured ■ Uninsured CAD 27 BN 83% CAD 19 BN CAD 16 BN 52% 18% 17% 48% 72% 28% 58% 42% Ontario BC & Territories Alberta Quebec Other Condo Exposure: CAD 42.0 BN Condo Mortgages Condo Developers CAD 35.8 BN CAD 6.2 BN Uninsured 77% Undrawn 81% Insured 23% Drawn 19% 23% of CIBC's Canadian residential mortgage portfolio is insured, with 64% of insurance being provided by CMHC The average loan to value¹ of the uninsured portfolio is 48% The condo developer exposure is diversified across 102 projects • Condos account for approximately 14.5% of the total mortgage portfolio CIBC 1 LTV ratios for residential mortgages are calculated based on weighted average. The house price estimates for January 31, 2022 and October 31, 2021 are based on the Forward Sortation Area level indices from the Teranet - National Bank National Composite House Price Index (Teranet) as of December 31, 2021 and September 30, 2021, respectively. Teranet is an independent estimate of the rate of change in Canadian home prices. 40

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