Canadian Imperial Bank of Commerce: Amendment to the terms and conditions - CANADIAN IMPERIAL BANK OF COMMERCE - XS3350938364 CIBC 02/05/2033 Bkt of Shares

‌NOTIFICATION OF SPLIT IN NOMINAL AMOUNT TO BECOME TWO TRANCHES

28 May 2026

Series: ISIN :

SPEU 7574 XS3350938364 (the "N otes")

We refer to the above issue of Nates, described in more detail in the Final Terms dated 15 May 2026 (the "Original Final Terms"), as amended and restated on 27 May 2026 (the "Amended Final Terms"), as signed by Canadian Imperial Bank of Commerce ("CIBC" and the "Issuer"), as well as the Terms and Conditions of the Notes (the "Conditions"), which are supplemented by the Orig inal Final Terms and which are set out in the Prospectus dated 30 April 2026 (the "Prospectus").

Split in nominal amount (to become Tranche 1 and issue of Tranche 2)

The nominal amount for the Nates is EUR 1,500,000 (as outlined in the Original Final Terms).

Settlement of this trade is now being split into two tranches of EUR 750,000 each. Tranche 1 for the sum of EUR 750,000 settled on 19 May 2026, Tranche 2 for the sum of EUR 750, 000 will settle on 28 May 2026.

Ta reflect this, the Amended Final Terms in relation to Tranche 1, now showing the nominal amount as EUR 750,000, is attached to this Notice.

A new Final Terms dated 27 May 2026 will reflect the issue of Tranche 2 and will also be for a nominal amount of EUR 750,000.

The total nominal amount for this ISIN code / the Notes will remain as EUR 1,500,000

In all other respects and the terms and conditions of the Original Final Terms remain unchanged. Ca italised terms used but not defined herein shall have the same meaning ascribed thereto.

Far further information, please contact.

CIBC Structured Notes Execution Management ([email protected])

Yours faithfully,

Francois-Xavier Desplanches (Head of Structured Note Sales)

MIFID II product governance / Retail investors, professional investors and ECPs target market - Solely for the purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties, professional clients and retail clients, each as defined in Directive 2014/65/EU (as amended, "MiFID II"); (ii) all channels for distribution to eligible counterparties and professional clients are appropriate; and (iii) the following channels for distribution of the Notes to retail clients are appropriate - investment advice and portfolio management, subject to the distributor's suitability and appropriateness obligations under MiFID II, as applicable. Any person subsequently offering, selling or recommending the Notes (a "distributor") should take into consideration the manufacturer's target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and determining appropriate distribution channels, subject to the distributor's suitability and appropriateness obligations under MiFID II, as applicable. UK MIFIR product governance / Retail investors, professional investors and ECPs target market - Solely for the purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is retail clients, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"), and eligible counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook ("COBS") and professional clients, as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA ("UK MiFIR"); (ii) all channels for distribution to eligible counterparties and professional clients are appropriate; and (iii) the following channels for distribution of the Notes to retail clients are appropriate - investment advice and portfolio management, subject to the distributor's suitability and appropriateness obligations under COBS, as applicable. Any person subsequently offering, selling or recommending the Notes (a "UK distributor") should take into consideration the manufacturer's target market assessment; however, a UK distributor subject to the FCA Handbook Product Intervention and Product Governance Sourcebook is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and determining appropriate distribution channels, subject to the UK distributor's suitability and appropriateness obligations under COBS, as applicable. Final Terms dated 15 May 2026

(as amended and restated 27 May 2026)

Canadian Imperial Bank of Commerce Branch of Account: Main Branch, Toronto Legal Entity Identifier: 2IGI19DL77OX0HC3ZE78 Issue of EUR 7501,500,000 Autocallable Equity Linked Notes due May 2033 under a Structured Note Issuance Programme PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions (the "Conditions") set forth in the Prospectus dated 30 April 2026 which constitutes a base prospectus (the "Prospectus") for the purposes of Regulation (EU) 2017/1122 (the "Prospectus Regulation"). This document constitutes the Final Terms of the Notes described herein for the purposes of the Prospectus Regulation and must be read in conjunction with such Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of this Final Terms and the Prospectus. The Prospectus is available for viewing during normal business hours at and copies may be obtained from the registered office of the Issuer at 81 Bay Street, CIBC Square, Toronto, Ontario, Canada M5J 0E7, and at the office of Fiscal Agent, Deutsche Bank AG, London Branch at 21 Moorfields, London EC2Y 9DB and may also be viewed on the website of the Luxembourg Stock Exchange at www.luxse.com under the name of the Issuer and copies may be obtained from CIBC Capital Markets (Europe) S.A. at 2C, rue Albert Borschette, L-1246 Luxembourg, Grand Duchy of Luxembourg. A summary of the Notes is annexed to these Final Terms.

(iii) Date on which the Notes will be consolidated and form a single Series:

Not Applicable

1. Specified Currency or Currencies: Euro ("EUR")

2. Aggregate Nominal Amount of Notes: EUR 7501,500,000

3. Issue Price: 100 per cent. of the Aggregate Nominal Amount

4. Belgian Securities Annex: Not Applicable

   Protected Principal Amount: Not Applicable

5. (i) Specified Denominations: EUR 1,000

   1. Calculation Amount: EUR 1,000

6. Trade Date: 14 April 2026

7. Strike Date/Pricing Date: 14 April 2026

8. (i) Issue Date: 19 May 2026

   1. Interest Commencement Date: Issue Date. See paragraph 24 below.

   2. CNY Issue Trade Date: Not Applicable

9. Maturity Date: 2 May 2033, subject to postponement if the Valuation Date is postponed by a Market Disruption Event

10. (i) Business Centre: Not Applicable

    1. Business Day Convention: Following Business Day Convention, where

       Business Day means a TARGET Business Day

11. Interest Basis: Equity Linked Interest

    (further particulars specified at paragraph 24 below)

12. (i) Redemption/Payment Basis: Equity Linked Redemption

    (further particulars specified at paragraph 38 below)

    1. Capital Protection: Not Applicable

    2. Full Principal Return: Not Applicable

13. Change of Interest or Redemption/Payment Basis:

    Not Applicable

14. Put/Call Options: Not Applicable

15. Date Board approval for issuance of Notes obtained:

    Not Applicable

16. Bail-inable Notes: No

    PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

17. Fixed Rate Notes: Not Applicable

18. Floating Rate Note Provisions: Not Applicable

19. Range Accrual Note Provisions: Not Applicable

20. Range Notes: Not Applicable

21. Reverse Floating Rate Coupon Notes: Not Applicable

22. Steepener Coupon Notes: Not Applicable

23. Reference Item Linked Interest provisions (Chapter 2 (Coupon Features of Reference Item Linked Notes) of Annex 2 (Payout Conditions)):

    Applicable

    1. Reference Item Each Equity as specified below in paragraph 38

    2. Contingent Coupon (Condition 1.1)

       Not Applicable

    3. Memory Coupon (Condition 1.2) Applicable

       • Calculation Amount (CA): As specified in paragraph 6(ii) above.

       • Memory Coupon Value: 1.875 per cent.

       • t: In respect of an Interest Payment Date, the number of Interest Payment Dates falling in the period commencing on, but excluding, the Issue Date and ending on, and including, such Interest Payment Date

       • Coupon Averaging: Not Applicable

    4. Factor Coupon (Single Reference Item) (Condition 1.3)

    5. Factor Coupon (Basket of Reference Items) (Condition 1.4)

       Not Applicable Not Applicable

    6. Lock-in Coupon (Condition 1.5) Not Applicable

    7. Performance Coupon 1 (Condition 1.6)

    8. Performance Coupon 2 (Condition 1.7)

    9. Range Accrual Coupon (Single Reference Item) (Condition 1.8)

    10. Range Accrual Coupon (Worst of) (Condition 1.9)

    11. Range Accrual Coupon (Basket of Reference Items) (Condition 1.10)

        Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable

    12. Enhanced Coupon (Condition 1.11)

    13. Memory Enhanced Coupon (Condition 1.12)

    14. Contingent Floating Rate Coupon (Condition 1.13)

    15. Memory Contingent Floating Rate Coupon (Condition 1.14)

    16. Double memory Coupon (Condition 1.15):

        Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable

    17. Coupon Valuation Dates: Each date set forth in the Interest Payment Table in

        the column entitled "Coupon Valuation Dates"

    18. Averaging Dates: Not Applicable

    19. Coupon Observation Dates: Not Applicable

    20. Interest Payment Dates: Each date set forth in the Interest Payment Table in

        the column entitled "Interest Payment Dates"

    21. Coupon Barrier Event: Applicable

        • Coupon Observation Period Closing:

        • Coupon Observation Period Intra-Day:

          Not Applicable Not Applicable

        • Coupon Valuation Date Closing: Applicable: (a) the Relevant Performance and (b)

          less than the Coupon Barrier Level

        • Relevant Performance: Applicable: Relevant Performance (Basket)

        • Value (t): Applicable: Reference Item Closing Value

    22. Coupon Barrier Level: As set forth in the Interest Payment Table in the

        column entitled "Coupon Barrier Level" corresponding to the relevant Coupon Valuation Date

    23. Coupon Observation Period: Not Applicable

    24. Specified Observation Date (Intra-Day Valuation):

        Not Applicable

    25. Provisions for determining Interest Amount where calculation by reference to Equity and/or Index and/or Commodity and/or Commodity Index and/or FX Rate and/or Fund is impossible or impracticable or otherwise disrupted:

    The Equity Linked Conditions are applicable. See paragraph 38 below

    INTEREST PAYMENT TABLE:
    t	Coupon Valuation Dates	Interest Payment Dates	Coupon Barrier Level
    1	14 July 2026	28 July 2026	80%
    2	14 October 2026	28 October 2026	80%
    3	14 January 2027	28 January 2027	80%
    4	14 April 2027	28 April 2027	80%
    5	14 July 2027	28 July 2027	80%
    6	14 October 2027	28 October 2027	80%
    7	14 January 2028	28 January 2028	80%
    8	18 April 2028	3 May 2028	80%
    9	14 July 2028	28 July 2028	80%
    10	16 October 2028	30 October 2028	80%
    11	15 January 2029	29 January 2029	80%
    12	16 April 2029	30 April 2029	80%
    13	16 July 2029	30 July 2029	80%
    14	15 October 2029	29 October 2029	80%
    15	14 January 2030	28 January 2030	80%
    16	15 April 2030	2 May 2030	80%
    17	15 July 2030	29 July 2030	80%
    18	14 October 2030	28 October 2030	80%
    19	14 January 2031	28 January 2031	80%
    20	15 April 2031	29 April 2031	80%
    21	14 July 2031	28 July 2031	80%
    22	14 October 2031	28 October 2031	80%
    23	14 January 2032	28 January 2032	80%
    24	14 April 2032	28 April 2032	80%
    25	14 July 2032	28 July 2032	80%
    26	14 October 2032	28 October 2032	80%

    27	14 January 2033	28 January 2033	80%
    28	14 April 2033 (the "Final Valuation Date")	The Maturity Date (for the avoidance of doubt, subject to postponement as set out in paragraph 10 above)	80%

24. Additional Interest Provisions: Not Applicable

25. Zero Coupon Note Provisions: Not Applicable

    PROVISIONS RELATING TO REDEMPTION

26. Call Option: Not Applicable

27. Put Option: Not Applicable

28. Bail-inable Notes - TLAC Disqualification Event Call Option:

29. Early Redemption Amount: Early Redemption Amount(s) of each Note: payable on redemption for taxation reasons or on event of default or illegality or other early redemption in accordance with the Conditions:

    Not Applicable

    Market Value less Associated Costs per Calculation Amount: With respect to each Calculation Amount, such amount(s) determined by the Calculation Agent which shall represent the fair market value of such Calculation Amount on the date of redemption, including accrued interest (if any), adjusted to account fully for any losses, expenses and costs to the Issuer (or any of its Affiliates) of unwinding any underlying or related hedging and funding arrangements, all as determined by the Calculation Agent in its sole and absolute discretion. For the purposes hereof:

    1. the references to ", together with interest accrued, if any, to (but excluding) the date fixed for redemption" shall be deemed to be deleted from each of General Condition 5(c), General Condition 5(d) and General Condition 5(e); and

    2. the references to "together with accrued interest, if any, to the date of payment" shall be deemed to be deleted from General Condition 9 (Events of Default)

30. Early Redemption Amount(s) of each Note for which the Belgian Securities Annex applies: payable on Event of Default

    Not Applicable.

31. Early Redemption Amount (Reference Item Linked Notes - Chapter 3 (Early Redemption of Reference Item Linked Notes) of Annex 2 (Payout Conditions)):)

    Applicable

    1. Early Redemption Reference Item(s):

       Each Equity as specified below in paragraph 38

    2. Early Redemption Event 1: Not Applicable

    3. Early Redemption Event 2: Not Applicable

    4. Early Redemption Event 3: Applicable

       • Relevant Performance: Relevant Performance (Basket)

       • Weighted Performance: Weighted Performance (Value/Initial)

       • Early Redemption Strike: As set forth in the Early Redemption Table in the column

         entitled "Early Redemption Strike" corresponding to the relevant Early Redemption Valuation Date

       • Initial Value: Initial Reference Item Closing Value

       • Value(t): Applicable: Reference Item Closing Value

    5. Early Redemption Valuation Date: Each date set forth in the Early Redemption Table in the

       column entitled "Early Redemption Valuation Dates"

    6. Averaging Dates: Not Applicable

    7. Early Redemption Date:

    8. Daily Observation Early Redemption

    Each date set forth in the Early Redemption Table in the column entitled "Early Redemption Dates"

    Not Applicable

32. Automatic Redemption (Autocall) (Condition 1.2 of Chapter 3):

    Not Applicable

    EARLY REDEMPTION TABLE:
    t	Early Redemption Valuation Dates	Early Redemption Dates	Early Redemption Strike
    1	14 July 2026	28 July 2026	Not Applicable
    2	14 October 2026	28 October 2026	Not Applicable
    3	14 January 2027	28 January 2027	Not Applicable
    4	14 April 2027	28 April 2027	100%
    5	14 July 2027	28 July 2027	100%
    6	14 October 2027	28 October 2027	100%
    7	14 January 2028	28 January 2028	100%
    8	18 April 2028	3 May 2028	100%
    9	14 July 2028	28 July 2028	100%
    10	16 October 2028	30 October 2028	100%
    11	15 January 2029	29 January 2029	100%
    12	16 April 2029	30 April 2029	100%
    13	16 July 2029	30 July 2029	100%
    14	15 October 2029	29 October 2029	100%
    15	14 January 2030	28 January 2030	100%
    16	15 April 2030	2 May 2030	100%
    17	15 July 2030	29 July 2030	100%
    18	14 October 2030	28 October 2030	100%
    19	14 January 2031	28 January 2031	100%

    20	15 April 2031	29 April 2031	100%
    21	14 July 2031	28 July 2031	100%
    22	14 October 2031	28 October 2031	100%
    23	14 January 2032	28 January 2032	100%
    24	14 April 2032	28 April 2032	100%
    25	14 July 2032	28 July 2032	100%
    26	14 October 2032	28 October 2032	100%
    27	14 January 2033	28 January 2033	100%

33. Fast Autocall Early Redemption (Condition 1.3 of Chapter 3):

    Not Applicable

34. Final Redemption Amount - Reference Item Linked Redemption provisions (Chapter 4 of Annex 2)

    Applicable

    1. Reference Item(s): Each Equity as specified below in paragraph 38

    2. Provisions for determining Redemption Amount where calculation by reference to Share and/or Index and/or Commodity/Commodity Index and/or Fund and/or Bond and/or other Reference Item is impossible or impracticable or otherwise disrupted:

       The Equity Linked Conditions are applicable. See paragraph 38

    3. Settlement Method Cash Settlement

    4. Redemption Condition (Condition 1.3 of Chapter 4)

       Barrier Event Redemption Amount (Basket of Reference Items) (Condition 1.3(xxvi)) applies

    5. Calculation Amount (CA): As specified in paragraph 6(ii) above.

    6. Averaging: Not Applicable

    7. Initial Value: As set forth in the Reference Item Table in the column entitled "Initial Value" corresponding to the Reference Item

    8. Final Value: Close observation is applicable

    9. Redemption Barrier: Not Applicable

    10. Cap: Not Applicable

    11. Upper Cap:

    12. Lower Cap:

    13. Floor:

        Not Applicable Not Applicable Not Applicable

    14. Barrier Event: Not Applicable

    15. Barrier Observation Period:

    16. Observation Date (Closing Valuation):

    17. Observation Date (Intra-Day Valuation):

    18. Linear Feature:

    19. PF1:

    20. Strike Price:

    21. Participation:

    22. Final Relevant Performance (FRP):

        Not Applicable Not Applicable

        Not Applicable

        Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable

    23. Barrier Performance Event: Applicable, for the purposes of the definition of "Barrier

        Performance Event", less than Barrier Performance Strike is applicable

        • Barrier Performance Observation Period Closing:

        • Barrier Performance Observation Period Intra-Day:

          Not Applicable Not Applicable

        • Barrier Performance Closing: Applicable

        • Barrier Reference Date: 14 April 2033

        • Barrier Performance Strike: 60%

        • Relevant Performance Relevant Performance (Basket)

        • Value (t): Reference Item Closing Value

    24. Barrier Performance Observation Period:

        Not Applicable

    25. Observation Date (Closing Valuation):

        Not Applicable

    26. Observation Date (Intra-Day Valuation):

    27. Call Strike:

        Not Applicable Not Applicable

    28. Put Strike Not Applicable

    29. Put Strike Multiplier Not Applicable

    30. Parity Multiplier Not Applicable

    31. Rebate Not Applicable

    32. Deliverable Reference Item Not Applicable

    33. Worst (Best) Reference Item: Not Applicable

    34. Gearing: Not Applicable

    35. Kick In/Out Event: Not Applicable

    36. Kick In/Out Event (Worst of/Best of)

        Not Applicable

    37. Parity Rounded: Not Applicable

    38. FX Conversion Not Applicable

    39. Lock-in Event: Not Applicable

    (xl) Lock-in Valuation Date: Not Applicable

    (xli) Lock-in Level: Not Applicable

    (xlii) Strike Price/Worst (Best) Strike Price/Basket Strike Price:

    Not Applicable

    (xliii) Initial Basket Level: Not Applicable

    PROVISIONS RELATING TO THE TYPE OF NOTES REFERENCE ITEM TABLE:

    Reference Item (Related Exchange)	Bloomberg / ISIN	Reference Currency	Initial Value	Weight (W)
    BNP Paribas SA (EPA)	BNP FP Equity	EUR	EUR 91.1100	1/3
    LVMH Moet Hennessy Louis Vuitton SE (EPA)	MC FP Equity	EUR	EUR 481.4500	1/3
    Schneider Electric SE (EPA)	SU FP Equity	EUR	EUR 267.5500	1/3

35. Commodity Linked Notes: Not Applicable

36. Index Linked Notes: Not Applicable

37. Equity Linked Notes: Applicable

    1. Whether the Notes relate to a basket of equity securities or a single equity security or depositary receipts, and the identity of the relevant issuer(s) of the Underlying Equity/Equities:

       Basket of Underlying Equities as set forth in the Reference Item Table above

       Bloomberg Code: As specified in the Reference Item Table above

    2. Calculation Agent responsible for making calculations pursuant to the Equity Linked Conditions:

       Canadian Imperial Bank of Commerce (Toronto)

    3. Exchange(s): Euronext Paris ("EPA")

    4. Related Exchange(s): All Exchanges

    5. Potential Adjustment Events: Applicable

    6. De-listing: Applicable

    7. Merger Event: Applicable

    8. Nationalization: Applicable

    9. Insolvency: Applicable

    10. Tender Offer: Applicable

    11. Redemption Amount: Barrier Event Redemption Amount (Basket of Reference

        Items) (Condition 1.3(xxvi)) applies

    12. Valuation Date: As set forth in the second column of the Interest Payment Table

    13. Valuation Time: Equity Linked Condition 5 applies

    14. Strike Price: Not Applicable

    15. Exchange Rate: Not Applicable

    16. Multiplier for each Underlying Equity comprising the basket (which is subject to adjustment as set out in Equity Linked Condition 2):

        Not Applicable

    17. Correction of Equity Prices: Applicable: The Reference Price shall be calculated

        without regard to any subsequently published correction)

    18. Correction Cut-Off Date: 2 Business Days prior to the Maturity Date

    19. Additional Disruption Events:

    20. Partial Lookthrough Depositary Receipt Provisions

    21. Full Lookthrough Depositary Receipt Provisions:

    Applicable

    The following Additional Disruption Events apply to the Notes:

    Change in Law Hedging Disruption

    Increased Cost of Hedging Insolvency Filing

    Increased Cost of Stock Borrow Loss of Stock Borrow

    Not Applicable Not Applicable

38. FX Linked Notes: Not Applicable

39. Fund Linked Notes: Not Applicable

40. Inflation Linked Notes: Not Applicable

41. Bond Linked Notes: Not Applicable

42. Credit Linked Notes: Not Applicable

43. Physical Delivery Notes: Not Applicable

    GENERAL PROVISIONS APPLICABLE TO THE NOTES

44. Form of Notes: Registered Notes

    Unrestricted Global Registered Note registered in the name of a nominee for a common depositary for Euroclear and Clearstream, Luxembourg

45. New Global Note: No

46. Financial Centre(s) or other special provisions relating to payment dates:

47. Talons for future Coupons or Receipts to be attached to Definitive Notes (and dates on which such Talons mature):

    Not Applicable No

48. Governing Law and Jurisdiction: English law

49. Unavailability of Currency: General Condition 6(e) is Applicable

Signed on behalf of the Issuer:

By:

Duly authorized

PART B - OTHER INFORMATION

1. LISTING AND ADMISSION TO TRADING

   Application is expected to be made by the Issuer (or on its behalf) for the Notes to be admitted to the official list of the Luxembourg Stock Exchange and admitted to trading on the Luxembourg Stock Exchange's regulated market with effect from the Issue Date.

2. RATINGS

   Ratings: The Notes to be issued have not been rated.

3. PERFORMANCE OF REFERENCE ITEM(S) AND OTHER INFORMATION CONCERNING THE REFERENCE ITEM(S)

   Information about the past and future performance of the Underlying Equities and their volatility can be obtained from Bloomberg

4. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER

   Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer. The Dealer and its affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer in the ordinary course.

5. YIELD

   Indication of yield: Not Applicable

6. REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES

   1. Reasons for the offer: As specified in the Prospectus

   2. Estimated net proceeds: EUR 7321,482,000

   3. Estimated total expenses: EUR 2,650

7. HISTORIC INTEREST

   Not Applicable

8. OPERATIONAL INFORMATION

   1. ISIN Code: XS3350938364

   2. Common Code: 335093836

   3. Valoren: 112287575

   4. CFI: As set out on the website of the Association of National Numbering Agencies (ANNA) or alternatively sourced from the responsible National Numbering Agency that assigned the ISIN

   5. FISN: As set out on the website of the Association of National Numbering Agencies (ANNA) (https://anna-web.org/) or alternatively sourced from the responsible National Numbering Agency that assigned the ISIN

   6. Any clearing system(s) other than Euroclear Bank SA/NV and Clearstream Banking S.A. and the relevant identification number(s):

      Not Applicable

   7. Delivery: Delivery against payment

   8. Calculation Agent: Canadian Imperial Bank of Commerce, Toronto

   9. Paying Agent: Deutsche Bank AG, London Branch

   10. Names and addresses of additional Paying Agent(s) (if any):

       Not Applicable

   11. Intended to be held in a manner which would allow Eurosystem eligibility:

       No. While the designation is specified as "no" at the date of this Final Terms, should the Eurosystem eligibility criteria be amended in the future such that the Notes are capable of meeting them the Notes may then be deposited with one of the ICSDs as common safekeeper. Note that this does not necessarily mean that the Notes will then be recognized as eligible collateral for Eurosystem monetary policy and intraday credit operations by the Eurosystem at any time during their life. Such recognition will depend upon the ECB being satisfied that Eurosystem eligibility criteria have been met.

   12. SIX Swiss Exchange Listing Information:

9. DISTRIBUTION

   Not Applicable

   1. Method of Distribution: Non-syndicated

   2. If syndicated, names and addresses of Managers and underwriting commitments:

      Not Applicable

   3. If non-syndicated, name and address of relevant Dealer:

      CIBC Capital Markets (Europe) S.A. 2C, rue Albert Borschette

      L-1246 Luxembourg

      Grand Duchy of Luxembourg

   4. Stabilizing Manager(s) (if any): Not Applicable

   5. Total commission and concession:

10. THIRD PARTY INFORMATION

    Not Applicable

    Not Applicable

11. BENCHMARKS Not Applicable

12. GENERAL

    1. Additional Tax Considerations:

       Section 871(m) Internal Revenue Code: Not Applicable

    2. US Selling Restrictions: Reg. S Compliance Category 2

    3. Prohibition of Sales to EEA Retail Investors:

       Not Applicable

    4. Prohibition of Sales to UK Retail Investors:

       Not Applicable

    5. Prohibition of Sales to Belgian Consumers:

       Applicable

    6. Applicable TEFRA exemption: Excluded Issue

    7. FINSA Non-Exempt Offer in Switzerland:

       Not Applicable

    8. Admission to trading of Notes in Switzerland:

       Not Applicable

    9. Filing of Final Terms: Not Applicable

    10. Swiss Security Number: 112287575

        (vii) FINSA Non-Exempt Offer in Switzerland:

        Not Applicable

13. TERMS AND CONDITIONS OF THE PUBLIC OFFER

Non-exempt Offer: Not Applicable

Issue Specific Summary

• Trade Policy Uncertainty: Newly implemented and proposed tariffs, by the U.S., and any potential counter-measures, are expected to have negative impacts on supply chains, inflation and economic activity, further amplifying ongoing U.S., Canada, and Mexico trade issues that existed prior to the tariff developments, and is posing recessionary fears and increasing market volatility. Separate trade discussions are ongoing between Canada and China as well as the U.S. and China. The ongoing uncertainty on the ultimate level and extent of tariffs could diminish consumer and business confidence in Canada and around the globe, increasing credit, market, liquidity, strategic and operational (including third-party) risks.

• Geopolitical risk: The level of geopolitical risk escalates at certain points in time. While the specific impact on the global economy and on global credit and capital markets would depend on the nature of the event, in general, any major event

  could result in instability and volatility, leading to widening spreads, declining equity valuations, flight to safe-haven currencies and increased purchases of gold. In the short run, market disruption could hurt the net income of the Issuer's trading and non-trading market risk positions. Geopolitical risk could reduce economic growth, and in combination with the potential impacts on commodity prices and the recent rise of protectionism, could have serious negative implications for general economic and banking activities and may have adverse impacts on the Issuer's business, results of operations and financial condition.

• Geopolitical risk: The level of geopolitical risk escalates at certain points in time. While the specific impact on the global economy and on global credit and capital markets would depend on the nature of the event, in general, any major event could result in instability and volatility, leading to widening spreads, declining equity valuations, flight to safe-haven currencies and increased purchases of gold. In the short run, market disruption could hurt the net income of the Issuer's trading and non-trading market risk positions. Geopolitical risk could reduce economic growth, and in combination with the potential impacts on commodity prices and the recent rise of protectionism, could have serious negative implications for general economic and banking activities and may have adverse impacts on the Issuer's business, results of operations and financial condition.

• Climate Risk: The physical effects of climate change along with regulations designed to mitigate its negative impacts will have a measurable impact on communities and the economy. The physical risks of climate change resulting from severe weather events and systemic issues such as rising sea levels can impact CIBC's profitability through disruptions in its own operations and damage to critical infrastructure. Transition risks, which arise as society adjusts towards a low-carbon future, can impact the financial health of its clients as changes in policy and technology aimed at limiting global warming can increase their operating costs and reduce profitability, while translating into potentially higher credit losses for CIBC. CIBC is also exposed to reputational risks due to changing stakeholder expectations related to action or inaction in addressing climate-related risks.

• Information and Cyber Security Risk: CIBC continues to evolve its use of technology and business processes to improve the client experience and streamline operations. Concurrently, cyber threats are growing in frequency and sophistication, increasing the potential for financial loss, reputational harm, regulatory exposure and business interruption. CIBC actively manages these risks through strategic risk reviews and enterprise-wide technology and information security programs aimed at prevention, detection, response and recovery. Threats include data breaches, malware and ransomware, unauthorized access, social engineering and fraud, and denial-of-service attacks, which may result in damage to CIBC systems and information; theft, loss or disclosure of confidential information; unauthorized or fraudulent activity; and service disruption at CIBC or its service providers, including those that offer cloud services.

• Technology Risk: CIBC is continuing to evolve its technology services to improve the client experience and streamline operations. New technology solutions offer advanced capabilities, connectivity between systems and efficiencies to support a growing business, while also increasing the complexity of ongoing management and resilience across multiple internal and external stakeholders and platforms hosted on premises, in the cloud or by third parties. Globally, regulators continue to expect financial institutions to have well-designed and managed technology development, deployment, operational and support processes in place to actively manage the risks inherent to a large enterprise technology environment.

• The Issuer's results could be affected by legislative and regulatory developments in the jurisdictions where the Issuer conducts business: As the Issuer operates in a number of jurisdictions and its activities are subject to extensive regulation in those jurisdictions, the Issuer's financial performance and position could be affected by changes to law, statutes, regulations or regulatory policies, rules or guidelines in those jurisdictions where the Issuer operates, including changes in their interpretation, implementation or enforcement.

• Risks related to legal proceedings and other contingencies: In the ordinary course of its business, the Issuer is a party to a number of legal proceedings, including regulatory investigations, in which claims for substantial monetary damages are asserted against the Issuer and its subsidiaries. It is possible that the Issuer could receive judicial or regulatory decisions or judgments that result in fines, criminal prosecution, damages and other costs that could damage its reputation and have a negative impact on the Issuer's results.

• The Issuer relies on third parties to provide certain key components of its business infrastructure: Third parties provide key components of the Issuer's business infrastructure such as Internet connections and network access and other voice or data communication services. Given the high volume of transactions the Issuer processes on a daily basis, certain errors may be repeated or compounded before they are discovered and successfully rectified. Despite any contingency plans the Issuer may have in place, the Issuer's ability to conduct business may be adversely impacted by a disruption in the infrastructure that supports the Issuer's businesses and the communities in which they are located.

• Borrower and Counterparty Risk Exposure: The ability of the Issuer to make payments in connection with any Notes is subject to general credit risks, including credit risks of borrowers. The failure to effectively manage credit risk across the Issuer's products, services and activities can have a direct, immediate and material impact on the Issuer's earnings and reputation.

Risks relating to the Notes include:

The Issuer acts as Calculation Agent. Under the Conditions, the Calculation Agent has discretion to make determinations, including whether a Barrier Event has occurred or not, whether an event giving rise to a Disrupted Day and/or an Additional Disruption Event has occurred and whether an Early Redemption Event has occurred.