Investor Fact Sheet Q4 2017

Who We Are Our Strategy CIBC (CM: TSX, NYSE) is a leading Canadian-based financial institution with a market capitalization of $50 billion and a Basel III Common Equity Tier 1 capital ratio of 10.6%. At CIBC, we are building a relationship-focused bank. Through our four strategic business units – Canadian Personal and Small Business Banking, We are accelerating our transformation by Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and concentrating on three bank-wide priorities: Wealth Management, and Capital Markets – our nearly 45,000 employees provide a full range of financial products and services to 11 million individual, small business, commercial, corporate, and institutional clients in Canada, the U.S. and around the world. 1. Focusing on our clients - shifting our culture and driving towards our vision of being the leader in Key Businesses client relationships . Canadian Personal and Small Business Banking 2. Innovating for the future - investing in . Canadian Commercial Banking and Wealth Management technologies that meet our clients’ ever-evolving . U.S. Commercial Banking and Wealth Management needs and improving their banking experience . Capital Markets 3. Simplifying our bank - freeing up resources for Metrics reinvestment and making CIBC more efficient

2016 2017 Total Assets $501.4B $565.3B Deposits $395.6B $439.7B Credit Ratings Loans and Acceptances $319.8B $365.6B Standard & Common Equity Tier 1 Ratio 11.3% 10.6% DBRS Moody’s Poor’s Fitch Market Capitalization $39.9B $49.9B Senior AA A1 A+ AA- Total Shareholder Return 5.19% 18.30% Outlook Negative Negative Stable Negative

Financial Highlights

Net Income (C$ millions) Earnings Per Share (C$) Return on Common Shareholders’ Equity (%) 1,407 1,164 3.50 24.4 1,166 1,070 1,263 2.89 2.64 2.77 20.1 1,0971,166 2.81 18.1 17.3 1,041 1,050 2.60 2.59 2.60 2.59 18.8 17.7 931 2.32 16.8 16.3 15.8 17.2

Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Q4/16Q1/17 Q2/17 Q3/17 Q4/17 Q4/16Q1/17 Q2/17 Q3/17 Q4/17 Reported Adjusted Reported Adjusted Reported Adjusted

Target: average annual EPS growth of at least 5% Target: maintain a strong ROE of at least 15%

Loan Loss Ratio (basis points) Adjusted Efficiency Ratio (%)(1) Common Equity Tier 1 Ratio (Basel III) (%)

27 26 58.2 56.3 58.9 57.3 56.5 11.9 12.2 25 24 23 11.3 10.4 10.6

Q4/16Q1/17 Q2/17 Q3/17 Q4/17 Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Q4/16Q1/17 Q2/17 Q3/17 Q4/17

Target: achieve a run rate efficiency ratio of 55% by 2019

(1) Non-GAAP measure. See Non-GAAP measures within the Notes to users section on page 2 of the Q4/17 Supplementary Financial Information available on www.cibc.com.

Contact Information CIBC Investor Relations Amy South, Senior Vice-President, Investor Relations Tel: (416) 594-7386 | Email: [email protected] | Website: www.cibc.com Investor Fact Sheet Q4 2017

Business Highlights and Performance Canadian Personal Retail and Small Business Banking

. Earned the top score among the five largest Canadian banks for mobile banking for Revenue (C$ millions) Net Income (C$ millions) the fourth year in a row, and online banking functionality for the third consecutive year in Forrester Research’s Mobile Banking and Online Banking benchmark studies 2,303 805 2,005 1,937 2,039 2,093 . Announced , our new direct banking brand, to meet the needs of 559 561 551 Canadians who value straightforward, no-fee daily banking 503 . Launched Digital Cart, allowing clients to sign up for multiple banking products entirely through their mobile devices or online - a first in the mobile space in Canada. Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Canadian Commercial Banking & Wealth Management In commercial banking: In wealth management: Revenue (C$ millions) Net Income (C$ millions) . Continued to focus on relationship- . Co-located private banking teams with 886 903 922 284 291 287 based growth by increasing the number CIBC teams in select 846 879 254 276 of client-facing relationship managers locations across the country to deliver across the team to meet client needs a more integrated offer for high-net- worth clients. . Met more of our clients’ needs on both sides of the border with the ability to . Enhanced our investment lineup make and receive cross-border client including management fee reductions, referrals in partnership with our lower investment minimums and a Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 commercial banking colleagues in the simplified product offering U.S. U.S. Commercial Banking & Wealth Management

. Acquired The PrivateBank, a -based with personal banking Revenue (C$ millions) Net Income (C$ millions) and wealth management capabilities that shares our client-first culture and strategy 422 107 . Expanded our private wealth management client base and investment management capabilities through the acquisition of Geneva Advisors 239 . Achieved solid loan, deposit, and revenue growth, reflecting the acquisition of The 41 113 29 PrivateBank and the continued focus on building full, profitable client relationships 106 102 23 26 . Extended the CIBC brand across North America, as The PrivateBank took the CIBC name and began operating as CIBC Bank USA Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Capital Markets . Continued to hold leadership positions in syndicated loans, debt and equity Revenue (C$ millions) Net Income (C$ millions) underwriting, advisory services, equity trading, commodities and foreign exchange . Continued the organic expansion of our platform and capabilities in the U.S. by 830 347 692 679 employing our client-led strategy 626 622 255 269 252 222 . Continued to deliver innovation to our clients across CIBC through initiatives such as strengthening our no-fee CIBC Global Money Transfer service by increasing the number of countries to which clients can send money and introducing International Student Pay, a first-of-its-kind partnership in Canada with academic institutions to enable students to make tuition payments in their local currency Q4/16 Q1/17 Q2/17 Q3/17 Q4/17 Q4/16 Q1/17 Q2/17 Q3/17 Q4/17

Shareholder Information Share Price (C$) — CM Dividend History Five Years Ended October 31, 2017

*CIBC has not missed a regular dividend since its first dividend payment in 1868

For A Note About Forward-Looking Statements, please refer to page 2 of the Q4/17 Management’s Discussion and Analysis available on www.cibc.com.