Fourth Quarter, 2023 Financial Overview

Commercial Real Estate Commercial real estate exposure is well diversified . • Canada represents 62% of total Canadian & U.S. real estate exposure Gross impaired loans as a percentage of total Canadian & U.S. real estate is 1.75% Trailing five-year average loan losses for Canadian & U.S. real estate is 22bps Canadian Commercial Real Estate Exposure by Sector U.S. Commercial Real Estate Exposure by Sector² US Office Portfolio Geographic Breakdown, US$B Residential (Housing) 1% Chicago-Naperville-Elgin 0.4 Washington-Arlington-Alexandria 0.3 Residential (Housing) 22% Multi Family 25% Other 18% Multi Family 29% Boston-Cambridge-Newton 0.3 Miami-Fort Lauderdale-West Palm Beach 0.3 Dallas-Fort Worth-Arlington 0.2 Other 5% Office 9% $41.5B US$18.5B Office 20% San Francisco-Oakland-Hayward 0.2 Retail 7% Minneapolis-St. Paul-Bloomington 0.2 Retail 21% Industrial 13% Austin-Round Rock 0.1 Industrial 22% New York-Newark-Jersey City 0.1 Healthcare 3% Seniors Housing 5% Hotel 2% Los Angeles-Long Beach-Anaheim Other 0.1 1.5 Total 3.7 " 56% of drawn loans investment grade³ " 56% of drawn loans investment grade³ Endnotes are included on slides 58 to 66. CIBC Fourth Quarter, 2023 50

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