Investor Presentation Fourth Quarter 2020
Non-GAAP Financial Measures
We use a number of financial measures to assess the performance of our business lines. Some measures are calculated in accordance with GAAP (IFRS), while other measures do not
have a standardized meaning under GAAP, and accordingly, these measures may not be comparable to similar measures used by other companies. Investors may find these non-GAAP
measures useful in understanding how management views underlying business performance.
Adjusted results are non-GAAP financial measures that do not have any standardized meaning prescribed by GAAP and are therefore unlikely to be comparable to similar measures
presented by other issuers. Adjusted results remove items of note from reported results. For further details on items of note, see slide 37 of this presentation.
For additional information about our non-GAAP measures see pages 1 to 3 of the Q4/20 Supplementary Financial Information package and pages 16 and 17 of the 2020 Annual Report
available on www.cibc.com.
CIBC
Fourth Quarter, 2020
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