Q2 2019 Financial Results

Reported Results ($MM) Total Bank Revenue Non-Interest Expenses Pre-Provision Earnings Q2/18 Q1/19 Q2/19 Canadian Personal & Small Business Banking 4,376 4,565 4,542 Revenue Q2/18 Q1/19 Q2/19 2,090 2,166 2,128 2,517 2,760 2,588 1,859 1,805 1,954 Non-Interest Expenses Pre-Provision Earnings Provision for Credit Losses 212 338 255 Provision for Credit Losses Income Before Income Taxes 1,647 1,467 1,699 Income Before Income Taxes Income Taxes 328 285 351 Income Taxes Net Income - Reported 1,319 1,182 1,348 Net Income - Reported Net Income - Adjusted¹ 1,345 1,363 1,357 Net Income - Adjusted¹ 1,092 1,327 1,122 998 839 1,006 203 208 229 795 631 777 211 168 207 584 463 570 586 632 571 Canadian Commercial Banking & Wealth Management Q2/18 Q1/19 Q2/19 U.S. Commercial Banking & Wealth Management Q2/18 Q1/19 Q2/19 Commercial Banking 359 413 408 Commercial Banking 287 333 324 Wealth Management 578 579 595 Wealth Management 138 148 148 Revenue 937 992 1,003 Other 4 (2) 3 Non-Interest Expenses 511 515 530 Revenue² 429 479 475 Pre-Provision Earnings 426 477 473 Non-Interest Expenses 256 274 277 Provision for Credit Losses 1 43 23 Pre-Provision Earnings 173 205 198 Income Before Income Taxes 425 434 450 Provision for Credit Losses 11 16 11 Income Taxes 115 115 122 Income Before Income Taxes 162 189 187 Net Income - Net Income Reported Adjusted' 310 319 328 Income Taxes² 24 21 24 310 319 328 Net Income - Reported 138 168 163 Net Income Adjusted¹ 142 174 176 Capital Markets Q2/18 Q1/19 Q2/19 Corporate & Other Q2/18 Q1/19 Q2/19 Global Markets 409 414 427 International Banking 185 197 199 Corporate & Investment Banking³ 301 291 324 Other 25 26 (14) Revenue² 710 705 751 Revenue² 210 223 185 Non-Interest Expenses 376 368 372 Non-Interest Expenses 282 276 287 Pre-Provision Earnings 334 337 379 Pre-Provision Earnings (72) (53) (102) Provision for (reversal of) Credit Losses (9) 66 Provision for Credit Losses 6 5 (8) Income Before Income Taxes 343 271 379 Loss Before Income Taxes (78) (58) (94) Income Taxes² 94 70 100 Income Taxes² (116) (89) (102) Net Income - Reported 249 201 279 Net Income (Loss) Reported 38 31 8 Net Income Adjusted¹ 249 201 279 Net Income (Loss) - Adjusted¹ 58 37 3 CIBC 1 Adjusted results are Non-GAAP financial measures. See slide 27 for further details. 2 Revenue and income taxes are reported on a taxable equivalent basis (TEB). 3 Corporate & Investment Banking now includes the Other line of business. 25

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