New Issue: CIBC sells $639,000 market-linked upside participation notes on Euro Stoxx Banks

Chicago, June 2 – Canadian Imperial Bank of Commerce priced $639,000 of 0% market-linked securities with upside participation with contingent minimum return and contingent downside due June 5, 2028 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above 70% of its initial level, the payout will be the greater of par plus 53.6% or the return of the of the index. Otherwise, investors will be full exposed to the losses of the index.

Wells Fargo Securities, LLC is the agent.

Issuer:	Canadian Imperial Bank of Commerce
Issue:	Market-linked securities with upside participation with contingent minimum return and contingent downside
Underlying index:	Euro Stoxx Banks index
Amount:	$639,000
Maturity:	June 5, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes above threshold level, greater of par plus 53.6% or index return; otherwise, full exposure to losses of index
Initial level:	98.40
Threshold level:	68.88, 70% of initial level
Pricing date:	May 31
Settlement date:	June 5
Agent:	Wells Fargo Securities, LLC
Fees:	3.87%
Cusip:	13607XHJ9

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