Covered Bond Program Overview

Lending portfolio is well positioned Overall Loan Mix (Outstanding) Consumer 63% Real Estate Secured Lending 56% $502B Other Cards 3% Personal Lending 3% Auto Lending 1% Commercial • Nearly two-thirds of our portfolio is consumer lending composed mainly of mortgages, with uninsured having an average loan-to-value of 46% The balance of our portfolio is in business and government lending with an average risk rating equivalent¹ to a BBB, with minimal exposure to the leisure and entertainment sectors Canadian Uninsured Mortgage Loan-To-Value Ratios Real Estate 10% Retailers 1% 54% Oil & Gas 1% 53% Leisure & 51% 51% Entertainment 1% 49% 49% 46% 46% 47% 44% 45% 43% Business & Government 24% Business & Government 37% CIBC Incorporates security pledged; equivalent to S&P/Moody's rating of BBB/Baa2. Q2/19 Q2/20 Q2/21 Q2/22 Canada ⚫GVA -GTA 25

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