Mr. Greg Gipson reports

CIBC ASSET MANAGEMENT INC. ANNOUNCES THE LAUNCH OF THREE ASSET ALLOCATION ETFS TO EXPAND OUR ALL-IN-ONE SOLUTION SUITE

Canadian Imperial Bank of Commerce's CIBC Asset Management Inc. has launched three new CIBC exchange-traded funds (ETFs) -- each fund is managed by CIBC's experienced portfolio management team.

With the addition of the CIBC All-Equity ETF Portfolio (CEQY), which was launched on Aug. 25, CAM offers four low-cost asset allocation portfolios designed to appeal to investors with varying risk tolerances. These portfolios primarily invest in a strategic mix of broad market index CIBC ETFs.

All portfolios are priced at a competitive 0.15-per-cent management fee, making them low-cost investment options with built-in strategic asset allocation and regular portfolio rebalancing.

"With the launch of these new ETFs, we are expanding our all-in-one solution suite to ensure investors can access our asset allocation strategies in the vehicle that best suits their needs," said Greg Gipson, managing director and head, ETFs, CIBC Asset Management. "Whether clients prefer ETFs or mutual funds, our delivery-agnostic approach means they can build diversified portfolios aligned to their risk tolerance and investment goals, all with the convenience and flexibility of a single ticket."

The CIBC ETFs have closed their initial offerings of units and trade today on the Toronto Stock Exchange.

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.

About Canadian Imperial Bank of Commerce

CIBC is a leading North American financial institution with 14 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.

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 $268-billion in assets under administration as of September, 2025.