Sep 11, 2026 at 3:13 PM UTC

Canadian Imperial Bank of Commerce: Publication of Second Amended Final Terms (XS3435397115, SPUK 126)

AMENDED AND RESTATED FINAL TERMS

THESE AMENDED AND RESTATED FINAL TERMS HAVE BEEN CREATED SOLELY AS A MATTER OF RECORD TO RECORD THE FINAL TERMS OF THE NOTES AS AT THE DATE OF ISSUE. NO OFFER OF ANY OF THE NOTES IS BEING MADE BY THE ISSUER PURSUANT TO THIS DOCUMENT OR OTHERWISE AND THE ISSUER DOES NOT ACCEPT ANY ADDITIONAL OBLIGATIONS TO NOTEHOLDERS IN RELATION TO THIS DOCUMENT.

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 The offer of these Notes by the Issuer may be withdrawn without liability to the Issuer if the Notes are not admitted to the Main Market of the London Stock Exchange on the Issue Date.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.

Second Amended and Restated Final Terms dated 11 September 2026 amending the Final Terms dated 26 August 2026 and 2 July 2026

Canadian Imperial Bank of Commerce Branch of Account: Main Branch, Toronto

Legal Entity Identifier: 2IGI19DL77OX0HC3ZE78

Issue of GBP 250,000 Index Linked Interest and Redemption Notes due September 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 126
1. Tranche Number 1
2. Date on which the Notes become fungible:
  Not Applicable
Specified Currency: British Pounds Sterling ("GBP")
Aggregate Nominal Amount:
1. Series: GBP 250,000
2. Tranche: GBP 250,000
3. Description of the arrangements and time for announcing to the public through a primary information provider the definitive amount of the issue/offer:
Not Applicable
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
1. Minimum Trading Size: Applicable. The Minimum Trading Size is GBP 1,000 in aggregate
  nominal amount
2. Calculation Amount: GBP 1
(a) Issue Date: 7 September 2026
1. Trade Date: 30 June 2026
2. Interest Commencement Date: Issue Date
Maturity Date: 06 September 2033, subject to an early redemption
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
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

(i) (ii)	Interest Payoff Condition: Coupon Barrier Event:	Phoenix Without Memory Less than applies
-	Calculation Amount (CA):	GBP 1
-	Interest Rate	0.760 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	21 September 2026	05 October 2026
2	80% x Initial Price	21 October 2026	04 November 2026
3	80% x Initial Price	23 November 2026	07 December 2026
4	80% x Initial Price	21 December 2026	07 January 2027
5	80% x Initial Price	21 January 2027	04 February 2027
6	80% x Initial Price	22 February 2027	08 March 2027
7	80% x Initial Price	22 March 2027	07 April 2027
8	80% x Initial Price	21 April 2027	06 May 2027
9	80% x Initial Price	21 May 2027	07 June 2027
10	80% x Initial Price	21 June 2027	05 July 2027
11	80% x Initial Price	21 July 2027	04 August 2027
12	80% x Initial Price	23 August 2027	07 September 2027
13	80% x Initial Price	21 September 2027	05 October 2027
14	80% x Initial Price	21 October 2027	04 November 2027
15	80% x Initial Price	22 November 2027	6 December 2027
16	80% x Initial Price	21 December 2027	07 January 2028
17	80% x Initial Price	21 January 2028	04 February 2028
18	80% x Initial Price	22 February 2028	07 March 2028
19	80% x Initial Price	21 March 2028	04 April 2028
20	80% x Initial Price	21 April 2028	08 May 2028
21	80% x Initial Price	22 May 2028	06 June 2028
22	80% x Initial Price	21 June 2028	05 July 2028
23	80% x Initial Price	21 July 2028	04 August 2028
24	80% x Initial Price	21 August 2028	05 September 2028
25	80% x Initial Price	21 September 2028	05 October 2028
26	80% x Initial Price	23 October 2028	06 November 2028
27	80% x Initial Price	21 November 2028	05 December 2028
28	80% x Initial Price	21 December 2028	09 January 2029
29	80% x Initial Price	22 January 2029	05 February 2029

30	80% x Initial Price	21 February 2029	07 March 2029
31	80% x Initial Price	21 March 2029	06 April 2029
32	80% x Initial Price	23 April 2029	08 May 2029
33	80% x Initial Price	21 May 2029	05 June 2029
34	80% x Initial Price	21 June 2029	05 July 2029
35	80% x Initial Price	23 July 2029	06 August 2029
36	80% x Initial Price	21 August 2029	05 September 2029
37	80% x Initial Price	21 September 2029	05 October 2029
38	80% x Initial Price	22 October 2029	05 November 2029
39	80% x Initial Price	21 November 2029	05 December 2029
40	80% x Initial Price	21 December 2029	09 January 2030
41	80% x Initial Price	22 January 2030	05 February 2030
42	80% x Initial Price	21 February 2030	07 March 2030
43	80% x Initial Price	21 March 2030	04 April 2030
44	80% x Initial Price	23 April 2030	08 May 2030
45	80% x Initial Price	21 May 2030	05 June 2030
46	80% x Initial Price	21 June 2030	05 July 2030
47	80% x Initial Price	22 July 2030	05 August 2030
48	80% x Initial Price	21 August 2030	05 September 2030
49	80% x Initial Price	23 September 2030	07 October 2030
50	80% x Initial Price	21 October 2030	04 November 2030
51	80% x Initial Price	21 November 2030	05 December 2030
52	80% x Initial Price	23 December 2030	09 January 2031
53	80% x Initial Price	21 January 2031	04 February 2031
54	80% x Initial Price	21 February 2031	07 March 2031
55	80% x Initial Price	21 March 2031	04 April 2031
56	80% x Initial Price	21 April 2031	06 May 2031
57	80% x Initial Price	21 May 2031	05 June 2031
58	80% x Initial Price	23 June 2031	07 July 2031
59	80% x Initial Price	21 July 2031	04 August 2031
60	80% x Initial Price	21 August 2031	05 September 2031
61	80% x Initial Price	22 September 2031	06 October 2031

62	80% x Initial Price	21 October 2031	04 November 2031
63	80% x Initial Price	21 November 2031	05 December 2031
64	80% x Initial Price	22 December 2031	08 January 2032
65	80% x Initial Price	21 January 2032	04 February 2032
66	80% x Initial Price	23 February 2032	08 March 2032
67	80% x Initial Price	22 March 2032	07 April 2032
68	80% x Initial Price	21 April 2032	06 May 2032
69	80% x Initial Price	21 May 2032	07 June 2032
70	80% x Initial Price	21 June 2032	05 July 2032
71	80% x Initial Price	21 July 2032	04 August 2032
72	80% x Initial Price	23 August 2032	07 September 2032
73	80% x Initial Price	21 September 2032	05 October 2032
74	80% x Initial Price	21 October 2032	04 November 2032
75	80% x Initial Price	22 November 2032	06 December 2032
76	80% x Initial Price	21 December 2032	07 January 2033
77	80% x Initial Price	21 January 2033	04 February 2033
78	80% x Initial Price	22 February 2033	08 March 2033
79	80% x Initial Price	21 March 2033	04 April 2033
80	80% x Initial Price	21 April 2033	06 May 2033
81	80% x Initial Price	23 May 2033	07 June 2033
82	80% x Initial Price	21 June 2033	05 July 2033
83	80% x Initial Price	21 July 2033	04 August 2033
84	80% x Initial Price	22 August 2033 (the "Final Valuation Date")	06 September 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".
1. Hedge Amount Not Applicable
2. 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 21 August 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	21 August 2028	05 September 2028
2	100% x Initial Price	21 August 2029	05 September 2029
3	100% x Initial Price	21 August 2030	05 September 2030
4	100% x Initial Price	21 August 2031	05 September 2031
5	100% x Initial Price	23 August 2032	07 September 2032

Final Redemption Amount for the purposes of General Condition 5.1 (Final Redemption) determined in accordance with:
Applicable
1. 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 21 August 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
2. Early Redemption Level: Not Applicable
3. 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
1. 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 Receipts to No 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
1. Reasons for the offer: See the "Use of Proceeds" section of the Base Prospectus.
2. Estimated net proceeds: GBP 247,750. For the avoidance of doubt, the estimated net
  proceeds reflect the proceeds to be received by the Issuer on the Issue Date.
3. 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
1. Underlying: Standard and Poor's 500® Index (Bloomberg Ticker: SPX Index)
  EURO STOXX 50® Index (Bloomberg Ticker: SX5E Index)
2. 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
1. Method of distribution Non-syndicated
2. If syndicated: Not Applicable
3. 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
4. Indication of the overall amount of the underwriting commission and of the placing commission:
  No commissions are payable by the Issuer to the Dealer
5. U.S. Selling Restrictions: Reg. S Compliance Category 2 TEFRA Not Applicable
6. Prohibition of Sales to EEA Retail Investors:
  Applicable
7. Prohibition of Sales to UK Retail Investors: Not Applicable
8. 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
1. ISIN Code: XS3435397115
2. Temporary ISIN Not Applicable
3. Common Code 343539711
4. Other applicable Note identification number Not Applicable
5. Relevant clearing system(s) other than Euroclear Bank SA/NV and Clearstream Banking, S.A. and the relevant identification number(s)
  Not Applicable
6. Delivery: Delivery against payment
7. Names and addresses of additional Paying Agent(s) (if any)
  Not Applicable
8. 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
1. 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.