CIBC(CM) - 2023 Q1 - Quarterly Report

Report to Shareholders for the First Quarter, 2023 www.cibc.com February 24, 2023 Report of the President and Chief Executive Officer Overview of results CIBC today announced its financial results for the first quarter ended January 31, 2023. First quarter highlights Results for the first quarter of 2023 were affected by the following items of note aggregating to a negative impact of $1.55 per share: •$1,169 million ($844 million after-tax) increase in legal provisions (Corporate and Other); •$545 million ...