Mr. Kate Stevenson reports

CIBC APPOINTS PRASANNA GOPALAKRISHNAN TO ITS BOARD OF DIRECTORS

Canadian Imperial Bank of Commerce has appointed Prasanna Gopalakrishnan to its board of directors effective Sept. 1, 2026.

Ms. Gopalakrishnan brings more than 30 years of experience leading technology, data, cyber and artificial intelligence at scale across banking, wealth management and global consumer businesses. She most recently served as global chief product and AI officer at ADP. Prior to that she served as group chief technology officer at Sky in London and as chief information officer of the retail bank at Bank of America, following senior technology leadership roles at Fidelity Investments.

Ms. Gopalakrishnan holds a bachelor of science from Birla Institute of Technology and Science, and a master of business administration from Northeastern University.

"As Prasanna joins our board, she brings decades of experience in financial services, alongside deep expertise in technology and artificial intelligence," said Kate Stevenson, chair of the board, CIBC. "Her knowledge, perspectives and leadership will be an asset as our Board oversees the execution of CIBC's client-focused strategy, particularly as technology, data and AI play a key role in delivering value for stakeholders.

About Canadian Imperial Bank of Commerce

CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking, wealth management and capital markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network and locations across Canada, in the United States and around the world.