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CIBC Investment Solutions – Current Issue

CIBC Guaranteed Market Return GICs (3 Year) due November 8, 2021
Available until October 31, 2018

The CIBC Guaranteed Market Return GICs (the “GICs”) are issued by Canadian Imperial Bank of Commerce. The GICs entitle you to payment at maturity of an amount in Canadian dollars consisting of your Principal Amount, in addition to an annual interest payment (the “Coupon Amounts”) linked to the price performance of the equally weighted global portfolio of common shares (each a “Share” and collectively the “Shares”) of the companies described on page 3 of this Information Statement (each a “Company” and collectively the “Companies”). The list of available GICs and key information is summarized below:

FundSERV Code	Current GICs	Term	Guaranteed Coupon Rate	Maximum Share Return	Minimum Share Return	Issue Date	Maturity Date
CBL 3056	CIBC Guaranteed Market Return GIC	3 Years	1.00%	6.75%	-10.00%	November 6, 2018	November 8, 2021
CBL 1702	CIBC Guaranteed Market Return GIC	5 Years	1.00%	7.50%	-10.00%	November 6, 2018	November 6, 2023

A copy of the Offering Document may be obtained by clicking on the link below or contacting your investment advisor.

Offering Document means, for a Principal at Risk Note offering, the short form base shelf prospectus dated September 29, 2011 (the “Prospectus”) and the pricing supplement for the particular Principal at Risk Note offering, and, for a Principal Protected Note offering, the Information Statement for the particular Principal Protected Note offering.

Each pricing supplement together with the Prospectus, to which it relates, as amended or supplemented, and each document incorporated by reference into the Prospectus and other related material on this website do not constitute an offer or invitation to purchase Principal at Risk Notes by anyone in any jurisdiction in which such offer or invitation is not authorized or to any person to whom it is unlawful to make such offer or invitation. The distribution of a Pricing Supplement and the offering or sale of Principal at Risk Notes may be prohibited or restricted by law in some jurisdictions. Persons who receive or review any material on this website must inform themselves about and observe any such laws. Each pricing supplement on this website together with the Prospectus, to which it relates, as amended or supplemented, and each document incorporated by reference into the Prospectus constitutes a public offering of securities only in the jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such securities.

Information Statements and other material on this website do not constitute an offer or invitation to purchase Principal Protected Notes by anyone in any jurisdiction in which such offer or invitation is not authorized or to any person to whom it is unlawful to make such offer or invitation. The distribution of an Information Statement and the offering or sale of the Notes may be prohibited or restricted by law in some jurisdictions. Persons who receive or review any material on this website must inform themselves about and observe any such laws. An Information Statement is an offering of Notes only in those jurisdictions where, and only to those persons to whom, the Notes may be lawfully offered for sale, and then only through individuals qualified to sell the Notes.

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