Covered Bond Program Overview

Canadian Uninsured Residential Mortgages FICO score Distribution 11% 10% 10% 4% 4% 4% ≤650 26% 26% .22% 43% 45% 44% • • Better current FICO score and LTV1 distributions in GVA2 and GTA² than the Canadian average Less than 1% of this portfolio has a FICO score of 650 or lower and an LTV1 over 75% Average LTV1 in Canada: 46% GVA²: 43% 19% 16% 16% • • GTA²: 44% 651-700 701-750 751-800 >800 ■ Canada GVA² ■GTA² Loan-to-value (LTV)1 Distribution 30% 30% 28% 29% 28% 28% 24% 23% 20% 20% 17% 16% <30% 30 to <45% 45 to <60% ■ Canada ■ GVA² 60 to ≤75% GTA² CIBC◇ 3% 2% 2% >75% 1 LTV ratios for residential mortgages are calculated based on weighted average. See page 31 of the Q2/22 Quarterly Report for further details. 2 GVA and GTA definitions based on regional mappings from Teranet. 50 50

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