Fourth Quarter, 2023 Financial Overview

Endnotes are included on slides 58 to 66. CIBC >>>>>>>> CIBC Overview Solid performance in 2023 against a backdrop of moderate economic growth Results reflect strong execution against our strategic priorities Diluted EPS Revenue PPPT 3 NIAT ROE4 Reported $5.16 Reported $23.3B Adjusted 1,2 $6.72 Adjusted² $23.4B Reported Adjusted² $9.0B $10.2B Reported $5.0B Reported 10.3% Adjusted² YoY (23)%(5)%2 YoY +7% +7%² YoY (1)% +8%2 $6.5B YoY (19)%(2)%2 Adjusted 2,5 13.3% YoY (4)%/(1)%2 >>>>>>> + Continued to drive new client growth - net new clients grew +650K over the last twelve months6 Strengthened capital position - resulting in a CET17 ratio of 12.4%, up 65 bps YoY Expanded margins - NIM8 (ex-trading) up 6 bps YoY, supported by pricing discipline and strategies Contained expense growth (+6% YoY), resulting in positive operating leverage for the year Maintained strong allowance coverage ACL ratio⁹ above pre- pandemic levels >>>>>> Client Growth & Acquisition Robust Capital Framework Margin Expansion Expense Management Credit Quality Fourth Quarter, 2023 << >>>>>>>>> 5

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