Mr. Greg Gipson reports

CIBC ASSET MANAGEMENT INC. ANNOUNCES LAUNCH OF CANADIAN AND U.S. ETFS WITH AVANTIS INVESTORS BY AMERICAN CENTURY INVESTMENTS

CIBC Asset Management Inc. has launched four new Avantis CIBC ETFs (exchange-traded funds) to its expanding suite of ETF offerings. Developed in collaboration with Avantis Investors, an investment offering from American Century Investments Inc., these new ETFs feature both Canadian and United States equity mandates. The initial offerings of units have closed, and these four ETFs begin trading today on the Toronto Stock Exchange (TSX). In addition, four internationally focused Avantis CIBC ETFs are expected to be listed on the TSX in the coming weeks.

"Canadians are looking for solutions that seamlessly complement their investment holdings, and the Avantis CIBC ETFs are purpose-built to integrate effortlessly into their existing portfolios," said Greg Gipson, managing director and head of ETFs at CIBC Asset Management. "Our strategic alliance with Avantis Investors expands the range of ETF solutions available to our clients by offering them access to new investment opportunities designed to meet their evolving financial needs with confidence."

The Avantis CIBC ETFs launching today include those shown in the attached table.

"It is a privilege to collaborate with CIBC Asset Management to bring our ETF capabilities to investors in Canada. Our strategic alliance with CIBC Asset Management provides Canadian investors with a broader selection of cost-effective ETF solutions to help them achieve their financial goals. We are proud of our relationship with CIBC, which highlights their commitment to offering innovative investment options for their clients," said Philip McInnis, chief investment strategist of Avantis Investors.

Avantis Investors, an investment offering by global asset manager American Century Investments is one of the fastest-growing active ETF providers, which surpassed $100-billion in assets under management (AUM) on Dec. 9, 2025.

CIBC ETFs are managed by CIBC Asset Management Inc. (CAM), a subsidiary of Canadian Imperial Bank of Commerce. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the CIBC ETFs prospectus and ETF facts document before investing. To obtain a copy, call 1-888-888-3863, ask your adviser or visit the CIBC website. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

About CIBC Asset Management Inc.

CIBC Asset Management, the asset management subsidiary of CIBC, provides a range of high-quality investment management services and solutions to retail and institutional investors. CAM's offerings include: a comprehensive platform of mutual funds, strategic managed portfolio solutions, discretionary investment management services for high-net-worth individuals and institutional portfolio management. CAM is one of Canada's largest asset management firms, with over $288-billion in assets under administration as of December, 2025.