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Canadian Imperial Bank of Commerce : Final Terms of Canadian Imperial Bank of Commerce SPUK 116
Canadian Imperial Bank of Commerce : Final Terms of Canadian Imperial Bank of Commerce SPUK

About this update from Canadian Imperial Bank Of Commerce
The offer of the Notes described in these Final Terms is conditional on the Notes being admitted to trading on the Main Market of the London Stock Exchange. The offer of these Notes by the Issuer may be withdrawn without liability to the Issuer if the Notes are not admitted to the Main Market of the London Stock Exchange on the Issue Date. 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 "); and (ii) all channels for distribution of the Notes are appropriate, including investment advice, portfolio management, non-advised sales and pure execution services, subject to the suitability and appropriateness obligations of the Distributor (as defined below) under COBS, 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 the FCA Handbook Product Intervention and Product Governance Sourcebook (the " UK MiFIR Product Governance Rules ") 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 COBS, as applicable. PRIIPs Regulation - PROHIBITION OF SALES TO EEA RETAIL INVESTORS - The Notes are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the European Economic Area (" EEA "). For these purposes, a " retail investor " means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; (ii) a customer within the meaning of Directive (EU) 2016/97, as amended, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129, as amended (the " Prospectus Regulation "). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the " PRIIPs Regulation ") for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation. Final Terms dated 15 May 2026 Canadian Imperial Bank of Commerce Branch of Account: Main Branch, Toronto Legal Entity Identifier: 2IGI19DL77OX0HC3ZE78 Issue of Up to GBP 2,000,000 Index Linked Interest and Redemption Notes due July 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 Base Prospectus dated 23 January 2026 and the supplement to the Prospectus dated 17 April 2026, which together constitute a base prospectus (the " Prospectus ") for the purposes of the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook (the " PRM "). This document constitutes the Final Terms of the Notes described herein for the purposes of the PRM and must be read in conjunction with such Prospectus as so supplemented. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus as so supplemented. The Prospectus and the supplement to the Prospectus are 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, United Kingdom. (a) Series Number: SPUK 116 Tranche Number 1 Date on which the Notes become fungible: Not Applicable Specified Currency: British Pounds Sterling (" GBP ") Aggregate Nominal Amount: Series: Up to GBP 2,000,000 Tranche: Up to GBP 2,000,000 Description of the arrangements and time for announcing to the public through a primary information provider the definitive amount of the issue/offer: Up to GBP 2,000,000 in aggregate principal amount of the Notes will be issued and the criterion/condition for determining the final amount of Notes will be investor demand. The offer period during which investors may purchase or subscribe for Notes will commence on (and from) 19 May 2026 and will end on (and including) 3 July 2026 or when the offer is declared unconditional, lapses, or is withdrawn, whichever occurs earlier. The Issuer reserves the right to accept any subscriptions for Notes which would exceed the "up to" aggregate principal amount of the Notes of GBP 2,000,000 and the Issuer may increase the "up to" aggregate principal amount of the Notes to be issued. The Issuer reserves the right, in its absolute discretion, to cancel the offer and the issue of the Notes in the United Kingdom at any time prior to the Issue Date. A notice setting out the final aggregate nominal amount of Notes to be offered and issued will be published by the Issuer on the website of the London Stock Exchange ( https://www.londonstockexchange.com/news ) on or before the issue Date and the notice will be available on the Issuer's website at https://www.cibc.com/en/about-cibc/investor-relations/debt-information/structured-note-issuance-programme.html under "Issuance Documents". Acceptances of the purchase or subscription of the Notes may be withdrawn for not less than 2 working days after the amount of Notes to be admitted to trading has been filed. Issue Price: 100.00 per cent. of the Aggregate Nominal Amount (a) Specified Denominations: GBP 1,000 and integral multiples of GBP 1 in excess thereof Calculation of Interest and Redemption based on the Specified Denomination: Applicable Minimum Trading Size: Applicable. The Minimum Trading Size is GBP 1,000 in aggregate nominal amount Calculation Amount: GBP 1 (a) Issue Date: 17 July 2026 Trade Date: 12 May 2026 Interest Commencement Date: Issue Date Maturity Date: 19 July 2033, subject to an early redemption Type of Notes: Interest: Index Linked Note (Further particulars specified below in "PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE") Redemption: Index Linked Note (Further particulars specified below in "PROVISIONS RELATING TO REDEMPTION") Bail-inable Notes: No Date Board approval for issuance of Notes obtained: Not Applicable Method of distribution: Non-syndicated Asset Conditions: Index Linked Asset Conditions applicable in accordance with Annex 1 PROVISIONS RELTING TO INTEREST (IF ANY) PAYABLE Fixed Rate Note: Not Applicable Floating Rate Note: Not Applicable Linked Interest Note: Applicable - Index Linked Note (See paragraph "PROVISIONS RELATING TO THE UNDERLYING(s) IF ANY" for further information in relation to the Underlying Asset) Applicable to: All Interest Accrual Periods Interest Payment Date(s): Each date set forth in the Interest Payment Table in the column entitled "Interest Payment Date(s)" Interest Period Date(s): Not Applicable Interest Determination Date(s): Each date set forth in the Interest Payment Table in the column entitled "Interest Valuation Date(s)" Business Day Convention for the purposes of adjustment of "Interest Accrual Periods" in accordance sub-paragraph (h) below: Not Applicable Additional Business Centres: Not Applicable Day Count Fraction: Not Applicable Interest Accrual Periods: Not Applicable Determination Date(s): Not Applicable Calculation Agent responsible for calculating the Linked Interest Rate and the Interest Amount: Canadian Imperial Bank of Commerce, Toronto Interest Payoff: Applicable Interest Payoff Condition: Phoenix Without Memory Coupon Barrier Event: Less than applies Calculation Amount (CA): GBP 1 Interest Rate 0.780 per cent. Interest Valuation Date(s): Each date set forth in the Interest Payment Table in the column entitled "Interest Valuation Date(s)" Coupon Barrier Level: As set out in the Interest Payment Table below Interest Payment Table: t: Coupon Barrier Level: Interest Valuation Date(s): Interest Payment Date(s): 1 80% x Initial Price 03 August 2026 17 August 2026 2 80% x Initial Price 03 September 2026 17 September 2026 3 80% x Initial Price 05 October 2026 19 October 2026 4 80% x Initial Price 03 November 2026 17 November 2026 5 80% x Initial Price 03 December 2026 17 December 2026 6 80% x Initial Price 04 January 2027 18 January 2027 7 80% x Initial Price 03 February 2027 17 February 2027 8 80% x Initial Price 03 March 2027 17 March 2027 9 80% x Initial Price 05 April 2027 19 April 2027 10 80% x Initial Price 03 May 2027 17 May 2027 11 80% x Initial Price 03 June 2027 17 June 2027 12 80% x Initial Price 06 July 2027 20 July 2027 13 80% x Initial Price 03 August 2027 17 August 2027 14 80% x Initial Price 03 September 2027 17 September 2027 15 80% x Initial Price 04 October 2027 18 October 2027 16 80% x Initial Price 03 November 2027 17 November 2027 17 80% x Initial Price 03 December 2027 17 December 2027 18 80% x Initial Price 03 January 2028 17 January 2028 19 80% x Initial Price 03 February 2028 17 February 2028 20 80% x Initial Price 03 March 2028 17 March 2028 21 80% x Initial Price 03 April 2028 19 April 2028 22 80% x Initial Price 03 May 2028 17 May 2028 23 80% x Initial Price 05 June 2028 19 June 2028 24 80% x Initial Price 03 July 2028 17 July 2028 25 80% x Initial Price 03 August 2028 17 August 2028 26 80% x Initial Price 05 September 2028 19 September 2028 27 80% x Initial Price 03 October 2028 17 October 2028
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