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

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.

1. (a) Series Number: SPUK 116

   1. Tranche Number 1

   2. Date on which the Notes become fungible:

      Not Applicable

2. Specified Currency: British Pounds Sterling ("GBP")

3. Aggregate Nominal Amount:

   1. Series: Up to GBP 2,000,000

   2. Tranche: Up to GBP 2,000,000

   3. 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19 May 2026 and will end on (and including) 3 July 2026 or when the offer is declared unconditional, lapses, or is withdrawn, whichever occurs earlier.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.

4. Issue Price: 100.00 per cent. of the Aggregate Nominal Amount

5. (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

   1. Minimum Trading Size: Applicable. The Minimum Trading Size is GBP 1,000 in

      aggregate nominal amount

   2. Calculation Amount: GBP 1

6. (a) Issue Date: 17 July 2026

   1. Trade Date: 12 May 2026

   2. Interest Commencement Date:

      Issue Date

7. Maturity Date: 19 July 2033, subject to an early redemption

8. Type of Notes:

   1. Interest: Index Linked Note

      (Further particulars specified below in "PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE")

   2. Redemption: Index Linked Note

      (Further particulars specified below in "PROVISIONS RELATING TO REDEMPTION")

   3. Bail-inable Notes: No

9. Date Board approval for issuance of Notes obtained:

   Not Applicable

10. Method of distribution: Non-syndicated

11. Asset Conditions: Index Linked Asset Conditions applicable in accordance with

    Annex 1

    PROVISIONS RELTING TO INTEREST (IF ANY) PAYABLE

12. Fixed Rate Note: Not Applicable

13. Floating Rate Note: Not Applicable

14. 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)

1. Applicable to: All Interest Accrual Periods

2. Interest Payment Date(s): Each date set forth in the Interest Payment Table in the column

   entitled "Interest Payment Date(s)"

3. Interest Period Date(s): Not Applicable

4. Interest Determination Date(s):

   Each date set forth in the Interest Payment Table in the column entitled "Interest Valuation Date(s)"

5. Business Day Convention for the purposes of adjustment of "Interest Accrual Periods" in accordance sub-paragraph

   (h) below:

   Not Applicable

6. Additional Business Centres: Not Applicable

7. Day Count Fraction: Not Applicable

8. Interest Accrual Periods: Not Applicable

9. Determination Date(s): Not Applicable

10. Calculation Agent responsible for calculating the Linked Interest Rate and the Interest Amount:

    Canadian Imperial Bank of Commerce, Toronto

11. Interest Payoff: Applicable

    1. Interest Payoff Condition: Phoenix Without Memory

    2. 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