Investor Presentation Fourth Quarter 2020

Credit Quality - gross impaired loans trended lower in Q4 Reported Q4/19 Q3/20 Q4/20 Balances were up YoY & down QoQ Canadian Residential Mortgages 0.28% 0.36% 0.29% Lower consumer impairments in Q4 due to payment deferrals and collections performance Canadian Personal Lending 0.37% 0.38% 0.32% Business & Government Loans¹ 0.60% 0.91% 0.89% Impairments in business and government loans and CIBC FirstCaribbean remained relatively stable in Q4 CIBC FirstCaribbean (FCIB) 3.96% 3.72% 3.56% Total 0.47% 0.62% 0.56% Gross Impaired Loan Ratio 0.62% 0.56% CIBC 0.47% 1,866 New Formations ($MM) 961 874 723 669 685 316 468 217 144 328 2,583 2,349 506 525 558 493 357 Q4/19 Q3/20 Q4/20 Q4/19 Q1/20 Gross Impaired Loans ($MM) -Gross Impaired Loan Ratio 1 Excludes CIBC FirstCaribbean business & government loans. Q2/20 Q3/20 Q4/20 ■Consumer ■Business & Government Fourth Quarter, 2020 22

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