Canadian Imperial Bank of Commerce : Publication of Final Terms (XS3382732074, SPUK 116)

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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 The offer of these Notes by the Issuer may be withdrawn without liability to the Issuer if the Notes are not admitted to the Main Market of the London Stock Exchange on the Issue Date.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 28 80% x Initial Price 03 November 2028 17 November 2028 29 80% x Initial Price 04 December 2028 18 December 2028 30 80% x Initial Price 03 January 2029 17 January 2029 31 80% x Initial Price 05 February 2029 19 February 2029 32 80% x Initial Price 05 March 2029 19 March 2029 33 80% x Initial Price 03 April 2029 17 April 2029 34 80% x Initial Price 03 May 2029 18 May 2029 35 80% x Initial Price 04 June 2029 18 June 2029 36 80% x Initial Price 03 July 2029 17 July 2029 37 80% x Initial Price 03 August 2029 17 August 2029 38 80% x Initial Price 04 September 2029 18 September 2029 39 80% x Initial Price 03 October 2029 17 October 2029 40 80% x Initial Price 05 November 2029 19 November 2029 41 80% x Initial Price 03 December 2029 17 December 2029 42 80% x Initial Price 03 January 2030 17 January 2030 43 80% x Initial Price 04 February 2030 18 February 2030 44 80% x Initial Price 04 March 2030 18 March 2030 45 80% x Initial Price 03 April 2030 17 April 2030 46 80% x Initial Price 03 May 2030 20 May 2030 47 80% x Initial Price 03 June 2030 17 June 2030 48 80% x Initial Price 03 July 2030 17 July 2030 49 80% x Initial Price 05 August 2030 19 August 2030 50 80% x Initial Price 03 September 2030 17 September 2030 51 80% x Initial Price 03 October 2030 17 October 2030 52 80% x Initial Price 04 November 2030 18 November 2030 53 80% x Initial Price 03 December 2030 17 December 2030 54 80% x Initial Price 03 January 2031 17 January 2031 55 80% x Initial Price 03 February 2031 17 February 2031 56 80% x Initial Price 03 March 2031 17 March 2031 57 80% x Initial Price 03 April 2031 21 April 2031 58 80% x Initial Price 05 May 2031 19 May 2031 59 80% x Initial Price 03 June 2031 17 June 2031 60 80% x Initial Price 03 July 2031 17 July 2031 61 80% x Initial Price 04 August 2031 18 August 2031 62 80% x Initial Price 03 September 2031 17 September 2031 63 80% x Initial Price 03 October 2031 17 October 2031 64 80% x Initial Price 03 November 2031 17 November 2031 65 80% x Initial Price 03 December 2031 17 December 2031 66 80% x Initial Price 05 January 2032 19 January 2032 67 80% x Initial Price 03 February 2032 17 February 2032 68 80% x Initial Price 03 March 2032 17 March 2032 69 80% x Initial Price 05 April 2032 19 April 2032 70 80% x Initial Price 03 May 2032 17 May 2032 71 80% x Initial Price 03 June 2032 17 June 2032 72 80% x Initial Price 06 July 2032 20 July 2032 73 80% x Initial Price 03 August 2032 17 August 2032 74 80% x Initial Price 03 September 2032 17 September 2032 75 80% x Initial Price 04 October 2032 18 October 2032 76 80% x Initial Price 03 November 2032 17 November 2032 77 80% x Initial Price 03 December 2032 17 December 2032 78 80% x Initial Price 03 January 2033 17 January 2033 79 80% x Initial Price 03 February 2033 17 February 2033 80 80% x Initial Price 03 March 2033 17 March 2033 81 80% x Initial Price 04 April 2033 20 April 2033 82 80% x Initial Price 03 May 2033 17 May 2033 83 80% x Initial Price 03 June 2033 17 June 2033 84 80% x Initial Price 05 July 2033 (the " Final Valuation Date ") 19 July 2033 (the " Maturity Date ") PROVISIONS RELATING TO REDEMPTION Redemption Determination Date(s): For the purposes of determining the Final Redemption Amount, the Final Valuation Date For the purposes of determining an Early Redemption Amount, the relevant Early Redemption Observation Date Call Option: Not Applicable Put Option: Not Applicable Bail-inable Notes - TLAC Disqualification Event Call Option: Not Applicable Early Redemption Amount: Early Redemption Amount(s) of each Note: payable on redemption for tax reasons, on Event of Default or Illegality and Force Majeure or other early redemption in accordance with the Conditions Fair Market Redemption Amount calculated in accordance with General Condition 5.4. For the purposes hereof the provision "The Fair Market Value Redemption Amount specified above shall be determined taking into account any amounts in respect of accrued but unpaid interest, and accordingly no other amount of" shall be deemed to be deleted from General Condition 5.4(a) and replaced with "No amount of". Hedge Amount Not Applicable Fair Market Value Redemption Amount Percentage: Not Applicable Automatic (Autocall) Early Redemption for the purposes of General Condition 5.2 and Automatic Early Redemption Conditions (Annex 3): Applicable Performance ER For the purposes of Performance ER in the definition of Automatic Early Redemption Event, greater than or equal to applies. Early Redemption Amount: Determined in accordance with Barrier Reverse Convertible (Worst of) Redemption Unwind Costs: Not Applicable Reference Price Percentage: Not Applicable Early Redemption Barrier (ERB): As specified in the Early Redemption Table in the column entitled "Early Redemption Barrier (ERB))" Early Redemption Date(s): Each date set forth in the Early Redemption Table in the column entitled "Early Redemption Date(s)" Early Redemption Observation Date(s): Each date set forth in the Early Redemption Table in the column entitled "Early Redemption Observation Date(s) / Valuation Date(s)" Early Redemption Observation Period: Not Applicable Initial Price: Official closing price of the Underlying Asset on 3 July 2026 (the " Strike Date ") Relevant Timing: On each Early Redemption Observation Date Underlying Performance Type: Worst-of Valuation Date(s): Each date set forth in the Early Redemption Table in the column entitled "Early Redemption Observation Date(s) / Valuation Date(s)" Valuation Price: Official closing price of the Underlying Asset on the Valuation Date Early Redemption Table: t: Early Redemption Barrier (ERB): Early Redemption Observation Date(s) / Valuation Date(s): Early Redemption Date(s): 1 100% x Initial Price 3 July 2028 17 July 2028 2 100% x Initial Price 3 July 2029 17 July 2029 3 100% x Initial Price 3 July 2030 17 July 2030 4 100% x Initial Price 3 July 2031 17 July 2031 5 100% x Initial Price 6 July 2032 20 July 2032 Final Redemption Amount for the purposes of General Condition 5.1 (Final Redemption) determined in accordance with: Applicable Redemption Payoff: Determined in accordance with Barrier Reverse Convertible (Worst of) - Final Redemption Percentage: 100 per cent. Redemption Unwind Costs: Not Applicable Reference Price Percentage: Not Applicable Initial Price: Official closing price of the Underlying Asset on 3 July 2026 (the " Strike Date ") Strike Price: The product of (a) 100 per cent. and (b) the Initial Price of the relevant Underlying Asset Kick-in Event: In the definition of Kick-in Event, less than applies Kick-in Level: The product of (a) 65% per cent. and (b) the Initial Price of the Underlying Asset PL ("Protection Level"): Not Applicable Early Redemption Level: Not Applicable Fair Market Value Redemption Amount: Not Applicable PROVISIONS RELATING TO THE UNDERLYING(S) IF ANY (a) Index Linked Note: Index Linked Interest and Redemption Note: Applicable in accordance with Annex 1, Chapter 1 Single Underlying: Not Applicable Basket: Scheduled Trading Day: Exchange Business Day: Applicable for the purposes of: Applicable Scheduled Trading Day (All Indices Basis) Exchange Business Day (All Indices Basis) Interest Payoff Condition: Phoenix without Memory Redemption Payoff: Barrier Reverse Convertible (Worst of) Automatic (Autocall) Early Redemption Index Exchange Multiple Exchange Index Sponsor Related Exchange Valuation Time Bloomberg Ticker Currency Standard and Poor's 500® Index NASDAQ, The New York Stock Exchange Applicable S&P Dow Jones Indices All Exchanges Closing SPX Index USD EURO STOXX 50® Index Eurex Applicable STOXX Limited All Exchanges Closing SX5E Index EUR Additional Disruption Event: The following Additional Disruption Events apply to the Notes: Change in Law Hedging Disruption Increased Cost of Hedging Dividend Disruption Other Events: Not Applicable Correction of Index Levels: Applicable The Reference Price shall be calculated without regard to any subsequently published correction Correction Cut-Off Date: 2 Business Days prior to the Maturity Date Observation Date(s): As per the definition in Index Linked Asset Condition 2 Observation Period: Not Applicable Averaging Date Disruption: Not Applicable Maximum Days of Disruption: 8 Scheduled Trading Days Payment Extension Days: 2 Payment Business Days Clearance System: As per the definition in Index Linked Asset Condition 2 Multiplier: Not Applicable Equity Linked Note: Not Applicable Fund Linked Note: Not Applicable Preference Share Linked Note: Not Applicable Delivery: Cash Settlement GENERAL PROVISIONS APPLICABLE TO THE NOTES (a) Form: Registered Form: Registered Global Note registered in the name of a nominee for a common depositary for Euroclear and Clearstream, Luxembourg Notes in New Global Note form No Business Day Convention for the purposes of "Payment Business Day" election in accordance with General Condition 6.6 ( Payment Business Day ): Following Business Day Convention Additional Financial Centre(s): Not Applicable Additional Business Centre(s): Not Applicable Talons for future Coupons or No Receipts to be attached to Definitive Bearer Notes and dates on which such Talons mature: Redenomination (for the purposes of General Condition 11): Not Applicable (a) Calculation Agent: Canadian Imperial Bank of Commerce, Toronto 81 Bay Street, CIBC Square, Toronto, Ontario M5J 0E7, Canada (a) Governing Law English Law Relevant Index Benchmark: As per the definition in Index Linked Asset Condition 2 Specified Public Source: As per the definition in the Definitions Condition Impacted Index: Not Applicable Close of Business: Not Applicable THIRD PARTY INFORMATION The information included herein with respect to indices and/or formulas comprising, based on or referring to variations in the prices of one or more shares in companies, any other equity or non-equity securities, currencies or currency exchange rates, interest rates, credit risks, fund units, shares in investment companies, term deposits, life insurance contracts, loans, commodities or futures contracts on the same or any other underlying instrument(s) or asset(s) or the occurrence or not of certain events not linked to the Issuer or any other factors to which the Notes are linked (the " Underlying ") consists only of extracts from, or summaries of publicly available information. The Issuer accepts responsibility that such extracts or summaries have been accurately reproduced and that, so far as it is aware, and is able to ascertain from information published by the issuer, owner or sponsor, as the case may be, of such Underlying, no facts have been omitted that would render the reproduced extracts or summaries inaccurate or misleading. No further or other responsibility in respect of such information is accepted by the Issuer. In particular, neither the Issuer nor any Dealer accepts responsibility in respect of the accuracy or completeness of the information set forth herein concerning the Underlying of the Notes or that there has not occurred any event which would affect the accuracy or completeness of such information. Signed on behalf of the Issuer: By: Duly authorized PART B - OTHER INFORMATION LISTING AND ADMISSION TO TRADING 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 trading on the London Stock Exchange's main market with effect from the Issue date and to be listed on the Official List of the FCA. RATINGS: Ratings: The Notes to be issued have not been rated. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE Save as discussed in "Subscription and Sale" in the Base Prospectus and save for any fees payable to the Dealer and any distributor in connection with the issue of Notes, 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. REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS AND TOTAL EXPENSES Reasons for the offer: See the "Use of Proceeds" section of the Base Prospectus. Estimated net proceeds: An amount equal to 98.95 per cent. of the final Aggregate Principal Amount of the Notes issued on the Issue Date. For the avoidance of doubt, the estimated net proceeds reflect the proceeds to be received by the Issuer on the Issue Date. Estimated total expenses related to admission to trading: GBP 695 (listing fee) YIELD Indication of yield: Not Applicable PERFORMANCE OF RATES Not Applicable PERFORMANCE OF UNDERLYING AND OTHER INFORMATION CONCERNING THE UNDERLYING Underlying: Standard and Poor's 500® Index (Bloomberg Ticker: SPX Index) EURO STOXX 50® Index (Bloomberg Ticker: SX5E Index) Where past and future performance and volatility of the Underlying can be obtained from, free of charge:: The performance of the Notes is linked to the performance of the Standard and Poor's 500® Index and the EURO STOXX 50® Index. Information about the past and future performance of the Standard and Poor's 500® Index and its volatility can be obtained from, free of charge: https://us.spindices.com/indices/equity/sp-500 Information about the past and future performance of the EURO STOXX 50® Index and its volatility can be obtained from, free of charge: http://www.stoxx.com/index.html Post-issuance information The Issuer does not intend to publish post-issuance information in relation to any underlying element to which the Notes are linked. PERFORMANCE OF UNDERLYING PREFERENCE SHARE AND OTHER INFORMATION CONCERNING THE PREFERENCE SHARE Not Applicable DISTRIBUTION Method of distribution Non-syndicated If syndicated: Not Applicable If non-syndicated, name and address of Dealer The following Dealer is procuring subscribers for the Notes: Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London, EC2V 6ET Indication of the overall amount of the underwriting commission and of the placing commission: No commissions are payable by the Issuer to the Dealer U.S. Selling Restrictions: Reg. S Compliance Category 2 TEFRA Not Applicable Prohibition of Sales to EEA Retail Investors: Applicable Prohibition of Sales to UK Retail Investors: Not Applicable U.S. Dividend Equivalent Withholding: Not Applicable. The Issuer has determined that the Notes (without regard to any other transactions) should not be subject to US withholding tax under Section 871(m) of the US Internal Revenue Code and regulations promulgated thereunder. OPERATIONAL INFORMATION ISIN Code: XS3382732074 Temporary ISIN Not Applicable Common Code 338273207 Other applicable Note identification number Not Applicable Relevant clearing system(s) other than Euroclear Bank SA/NV and Clearstream Banking, S.A. and the relevant identification number(s) Not Applicable Delivery: Delivery against payment Names and addresses of additional Paying Agent(s) (if any) Not Applicable Notes intended to be held in a manner which would allow Eurosystem eligibility: No. While the designation is specified as "no" at the date of these 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 recognised 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 UK BENCHMARKS REGULATION UK Benchmarks Regulation: Article 29(2) statement on benchmarks: Applicable: Amounts payable under the Notes are calculated by reference to the Standard and Poor's 500® Index and the EURO STOXX 50® Index which are provided by S&P Dow Jones Indices LLC and STOXX Limited (each, the " Administrator "). As of the date of these Final Terms, S&P Dow Jones Indices LLC is included in the register of administrators and benchmarks established and maintained by the Financial Conduct Authority (" FCA ") pursuant to Article 36 of the UK Benchmarks Regulation (Regulation (EU) 2016/1011) as it forms part of UK domestic law by virtue of the European (Withdrawal) Act 2018 (as amended) (as amended, the " UK Benchmarks Regulation "). As of the date of these Final Terms, STOXX Limited is not included in the register of administrators and benchmarks established and maintained by the FCA pursuant to Article 36 of the UK Benchmarks Regulation. As far as the Issuer is aware the transitional provisions of Article 51 of the UK Benchmarks Regulation apply, such that STOXX Limited is not currently required to obtain authorisation or registration (or, if located outside the United Kingdom, recognition, endorsement or equivalence). ANNEX A INDEX DISCLAIMERS Standard and Poor's 500® Index The S&P 500® is currently sponsored by Standard & Poor's, a Division of the McGraw-Hill Companies, Inc. (" Standard & Poor's "). The Notes are not in any way sponsored, endorsed or promoted by Standard & Poor's. Standard & Poor's has no obligation to take the needs of either the Issuer or the Shareholders into consideration in composing, determining or calculating the S&P 500® (or causing the S&P 500® to be calculated). In addition, Standard & Poor's makes no warranty or representation whatsoever, express or implied, as to the results to be obtained from the use of the S&P 500® and/or the level at which the S&P 500® stands at any particular time on any particular day or otherwise, and shall not be liable whether in negligence or otherwise, to the Issuer or any Shareholders for any error in the S&P 500® or under any obligation to advise the Issuer or any Shareholders of any error therein. "Standard & Poor's®" and "S&P®" and "S&P500®" are trademarks of The McGraw-Hill Companies, Inc. These marks have been licensed for use by Canadian Imperial Bank of Commerce. The Shares are not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's does not make any representation, warranty or condition regarding the advisability of investing in the Shares. The licensing relating to the use of the S&P 500® and trademarks referred to above by Canadian Imperial Bank of Commerce is solely for the benefit of Canadian Imperial Bank of Commerce, and not for any third parties. The only relationship of Standard & Poor's to Canadian Imperial Bank of Commerce is the licensing of certain trademarks and trade names of the S&P 500®, which is determined, composed and calculated by the Index Source (as defined herein) without regard to Canadian Imperial Bank of Commerce or the Shares. The Index Source has no obligation to take the needs of Canadian Imperial Bank of Commerce or the Shareholders into consideration in determining, composing or calculating the S&P 500®. The Index Source is not responsible for and has not participated in the determination of the timing or pricing of the Shares or in the determination or calculation of the equation by which the Shares are to be converted into cash. The Index Source has no obligation or liability in connection with the administration, marketing or trading of the Shares. EURO STOXX 50 ® Index The Euro STOXX 50 ® is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland, (the " Licensor "), which is used under license. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by the Licensor and the Licensor shall not have any liability with respect thereto.

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