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CIBC Investor Presentation

Solid Returns to Shareholders... Adjusted Diluted EPS1,2 ($) $11.11 $10.22 2016 2017 $12.21 Adjusted Return on Equity 1,2 (%) 19.0% 18.1% $11.92 $9.69 $2.79 $2.71 $0.94 $3.24 2019 2020 2016 2017 2018 Pre-Provision Earnings ($B) 17.4% 2018 15.4% 11.7% 2019 Adjusted Dividend Payout Ratio 1,2,3 (%) 2020 60.0% $8.14 $7.77 $8.18 $6.66 $1.99 46.4% 46.2% 46.9% 43.4% $5.82 $2.10 $1.93 $2.16 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 ■ Q2 Q3 Q4 CIBC 1 Adj. results are non-GAAP measures. See non-GAAP section of CIBC's 2020 Report to Shareholders. 2 F20 results were affected by COVID-19 pandemic economic impacts. ³ Common dividends paid as a percentage of net income after preferred dividends and premium on preferred share redemptions. CIBC Investor Presentation | 23
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