Ms. Diane Ferri reports

CIBC DELIVERS ADDED VALUE FOR CLIENTS WITH NEW DISNEY+ COLLABORATION

Canadian Imperial Bank of Commerce has agreed to a new collaboration with Disney+, offering clients additional savings on their monthly streaming subscription. In addition, the collaboration will see CIBC sponsoring select Canadian premieres for The Walt Disney Studios' upcoming theatrical releases and participating in select Disney+ Perks offers.

Eligible CIBC cardholders can receive a statement credit of up to 50-per-cent off of their Disney+ subscription for up to six months. In addition, clients who subscribe will get access to Disney+ Perks, which feature exclusive monthly rewards and benefits along with discounts at major retailers and access to unique Disney experiences.

"So many of our clients are fans of Disney properties and experiences, and we're excited to be able to offer them even more value through this program," said Diane Ferri, senior vice-president, day-to-day banking, CIBC. "Our Disney+ offer provides subscribers with access to unique savings to stream their favourite content and exclusive benefits through the Disney+ Perks program."

Today, eligible Disney+ subscribers can enjoy the CIBC featured Disney+ Perk to earn up to $400 in value when they are approved for a CIBC Dividend Visa Infinite Card.

"We are always looking for new ways to bring beloved Disney stories to fans across Canada," said Shawn Praskey, vice-president, content sales and distribution, Disney Platform Distribution Canada. "Working with CIBC, clients are now able to access their favourite content on Disney+ and tap into the many Disney+ Perks available."

About Canadian Imperial Bank of Commerce (CIBC)

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 and 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.