Investor Presentation Fourth Quarter 2020

Trading Revenue (TEB)¹ Distribution² ($MM) 15 LO 5 15 (15) Aug-20 Sep-20 Trading Revenue VaR (SMM) 15 5 (5) Oct-20 (15) CIBC 1 Non-GAAP financial measure. See slide 38 for further details. 2 Trading revenue (TEB) comprises both trading net interest income and non-interest income and excludes underwriting fees, commissions, certain month-end transfer pricing and other miscellaneous adjustments. Trading revenue (TEB) excludes certain exited portfolios. Fourth Quarter, 2020 35

View entire presentation