Q2 2019 Financial Results

Oil & Gas Retail Exposure Retail Exposure¹ in Oil Provinces ($B) 41.2 41.2 41.1 40.8 40.7 20 20 $40.7B of retail exposure¹ to oil provinces² (or $23.4B excluding insured mortgages) - Alberta accounts for $32.3B or 79% of the retail exposure¹ - Average LTV³ of 67% in the uninsured mortgage portfolio Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 Other 14% Loan-to-value (LTV)³ Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 HELOC Insured Mortgages 70% 70% 70% 71% 73% 8% Uninsured Mortgages HELOC 66% 66% 65% 66% 67% 64% 64% 63% 64% 65% Uninsured Mortgages 35% 1 Comprises mortgages, HELOC, unsecured personal lines and loans, credit cards and small business. 2 Alberta, Saskatchewan and Newfoundland and Labrador. 3 LTV ratios for residential mortgages are calculated based on weighted average. See page 25 of the Q2/19 Report to Shareholders for further details. Insured Mortgages 43% CIBC

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