Q1 Financial Review

Continuing progress in Personal and Small Business Banking Reported ($MM) • Q1/20 YOY Revenue 2,214 2% QoQ (0%) Net interest income 1,618 4% (1%) Non-interest income 596 (1%) 0% Non-Interest Expenses 1,159 (13%) 0% Provision for Credit Losses 215 3% (16%) Net Income 617 34% 3% • Adjusted¹ ($MM) Q1/20 YOY QoQ Revenue 2,214 2% (0%) Net interest income 1,618 4% (1%) Non-interest income 596 (1%) 0% Non-Interest Expenses 1,157 5% 0% Pre-Provision Earnings² 1,057 (1%) (1%) Provision for Credit Losses 215 3% (16%) Net Income 619 (2%) 3% Higher net interest income driven by growth in deposit volumes and margin expansion Deposit balances up 6% YoY NIM up 9 bps YoY and stable sequentially Continued investments in our front-line capabilities, infrastructure and technology Provision for Credit Losses: PCL ratio on impaired of 30 bps Total PCL ratio of 33 bps Loans and Deposits 242 252 251 Efficiency Ratio - Adjusted¹ 50.7% 51.8% 52.3% 257 257 258 173 180 183 Q1/19 Q4/19 Q1/20 Q1/19 Q4/19 Q1/20 Loans & Acceptances ($B) Deposits ($B) -Net Interest Margin (bps) CIBC 1 Adjusted results are non-GAAP financial measures. See slide 28 for further details. 2 Pre-provision earnings is revenue net of non-interest expenses and is a non-GAAP measure. See slide 28 for further details. 6

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