CIBC Investor Presentation

Trading Revenue (TEB)1 Distribution² (SMM) 15 5 (5) (15) Aug-20 Sep-20 Trading Revenue -VaR (SMM) 15 5 (5) Oct-20 (15) CIBC 1 Non-GAAP financial measure. See slide 69 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. CIBC Investor Presentation | 66

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