CIBC Market Return GICs

Available May 1, 2013 May 31, 2013 Invest in the market with peace of mind
The CIBC Market Return GICs (the GICs) are Canadian dollar investments that guarantee investors their original Principal Amount at maturity in addition to participation in the potential positive performance of an underlying asset (the Asset), subject to a Maximum Return. The GICs are eligible for Canada Deposit Insurance Corporation (CDIC) deposit insurance, subject to CDIC rules and regulations. The list of available GICs and corresponding Assets, terms to maturity, Maximum Returns, and key dates are as follows:
FundSERV Code CBL 1395 CBL 1396 Current Market Return GICs CIBC Canadian Market Return CIBC Canadian Financials Market Return Asset S&P/TSX 60 Index S&P/TSX Capped Financials Index Term to Maturity 5 Years 5 Years Maximum Return 20% 25% Issue Date Jun 5, 2013 Jun 5, 2013 Maturity Date Jun 5, 2018 Jun 5, 2018

How the GICs work

Positive Performance of the Asset that is greater than the Maximum Return Positive Performance of the Asset that is less than the Maximum Return Negative Performance of the Asset

Maximum Return

Maximum Return
Asset Return

Maximum Return
Asset Return

Asset Return

Time

Time

Time

Your return is the Maximum Return

Your return is the Asset Return

Your return is zero

Principal Amount

Principal Amount

Principal Amount

The return of the Asset is greater than the Maximum Return. You receive the Maximum Return in addition to your original Principal Amount.

The return of the Asset is positive, but less than the Maximum Return. You receive the Asset Return in addition to your original Principal Amount.

The return of the Asset is negative so the Asset Return is zero. You receive your original Principal Amount.

CIBC GIC
Canadian Market Return Canadian Financials Market Return

Term
5 Years 5 Years

Issue Date
June 5, 2013 June 5, 2013

Maturity Date
June 5, 2018 June 5, 2018

FundServ Code
CBL 1395 CBL 1396

Maximum Return
20% 25%

Minimum Investment
$5,000 $5,000

For more information, please contact your advisor

CIBC Market Return GICs

Available May 1, 2013 May 31, 2013 Historical Performance
Asset
S&P/TSX 60 Index S&P/TSX Capped Financials Index

1 month
-0.98% -2.42%

3 month
2.47% 3.46%

6 month
4.05% 9.33%

1 Year
3.45% 5.43%

3 Years
3.47% 4.75%

5 Years
-6.65% 5.53%

Asset Description
S&P/TSX 60 Index
The S&P/TSX 60 Index is a capitalization-weighted index. It consists of 60 of the largest and most liquid (heavily traded) stocks listed on the Toronto Stock Exchange. They are usually domestic or multinational industry leaders.
1,000 800 600 400 200 0 03-03 S&P/TSX 60 Index

Top 10 Components

03-05

03-07

03-09

03-11

03-13

Royal Bank of Canada Toronto-Dominion Bank Bank of Nova Scotia Suncor Energy Canadian National Railway Bank of Montreal Enbridge BCE TransCanada Potash

8.31% 6.98% 6.34% 3.99% 3.90% 3.84% 3.51% 3.41% 3.19% 3.16%

S&P/TSX Capped Financials Index

The S&P/TSX Capped Financials Index is a modified capitalization-weighted index, whose constituent stocks relative equity weights are capped at 25%. Its constituents are Canadian stocks from the financial industry that are included in the S&P/TSX Composite Index.
S&P/TSX Capped Financials Index 250 200 150 100 50 0 03-03

Top 10 Components

03-05

03-07

03-09

03-11

03-13

Royal Bank of Canada Toronto-Dominion Bank Bank of Nova Scotia Bank of Montreal CIBC Manulife Sun Life Financial National Bank Power Corp Intact Financial

21.01% 17.65% 16.03% 9.71% 7.36% 6.00% 3.88% 2.78% 2.07% 1.96%

Source: Bloomberg as of April 17, 2013. The performance charts show the performance of each of the Assets based on month-end closing levels from March 2003 through March 2013. Past performance will not predict future performance of the Assets or of the return that may be payable on the GICs.

For more information, please contact your advisor

CIBC Market Return GICs

Available May 1, 2013 May 31, 2013 Hypothetical Examples
The following table shows how the return of the Market Return GICs specified on page 1 would be calculated based on a range of hypothetical returns. The Maximum Return for each Market Return GIC is specified in the examples. The examples assume an investment of $100.00 in the GICs and a Maximum Return of 20% for the Canadian Market Return GICs and 25% for the Canadian Financials Market Return GICs. The actual performance of the Asset will be different from these examples and the difference may be material. Canadian Market Return GICs
Actual % Return 50% 25% 10% 0% -10% Maximum Return 20% 20% 20% 20% 20% Asset Return 20% 20% 10% 0% 0% Variable Interest $20.00 $20.00 $10.00 $0.00 $0.00 Payment at Maturity $120.00 $120.00 $110.00 $100.00 $100.00

Canadian Financials Market Return GICs

Actual % Return 50% 25% 10% 0% -10% Maximum Return 25% 25% 25% 25% 25% Asset Return 25% 25% 10% 0% 0% Variable Interest $25.00 $25.00 $10.00 $0.00 $0.00 Payment at Maturity $125.00 $125.00 $110.00 $100.00 $100.00

The GICs entitle you to payment at maturity of an amount in Canadian dollars consisting of your Principal Amount, in addition to a potential Variable Interest payment linked to the performance of the Asset. Variable Interest, if any, will be paid at maturity and will be equal to your Principal Amount multiplied by the Asset Return. The Asset Return will measure the percentage increase or decrease in the Closing Level of the Asset, measured from its Closing Level on the Issue Date to its Closing Level on the 3rd Banking Day prior to the Maturity Date, subject to a minimum Asset Return of zero and a maximum Asset Return of the specified Maximum Return. Variable Interest may be limited by the Maximum Return and may not reflect the full appreciation of the Asset during the term of the GICs. It is possible that no Variable Interest will be payable at maturity. No Variable Interest will be payable at maturity unless the Asset Return is positive. The return on the GICs is not the same as a direct investment in the Asset, or the securities underlying the Asset. The GICs measure the price return, as opposed to the total return, of the Asset, meaning that your return is based on the percentage increase (or decrease) in the Closing Level of the Asset, and does not include any distributions or dividends declared on the Asset or the securities underlying the Asset. However, unlike a direct investment in the Asset where you could lose all or a portion of your original investment, your Principal Amount will be repaid to you on the Maturity Date, regardless of the performance of the Asset. Your Principal Amount and any Variable Interest will be paid when the GICs mature. No secondary market will be provided for the GICs and investors may not redeem the GICs prior to maturity other than in the event of an investors death or a case of personal hardship, as determined by CIBC in its sole discretion. Investors considering a purchase of the GICs should read the Information Statement carefully and discuss the suitability of the GICs with their advisor, who will be able to provide investors with a copy of the Information Statement. All capitalized terms, unless defined herein, will have the meaning ascribed to them in the Information Statement. A copy of the information statement is posted at www.cibcnotes.com. Canadian Imperial Bank of Commerce is a member of the Canada Deposit Insurance Corporation (CDIC). The GICs are eligible for CDIC coverage, subject to CDIC rules and regulations. Visit www.cdic.ca or call 1 800 461 CDIC (2342) for details. FundSERV is a registered trademark of FundSERV Inc. S&P is trademarks of Standard and Poors Financial Services LLC (S&P), Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones), and TSX is a trademark of the Toronto Stock Exchange. These trademarks have been licensed for use by S&P Dow Jones Indices LLC and have been sublicensed for certain purposes by CIBC. The S&P/TSX 60 Index and the S&P/TSX Capped Financials Index are products of S&P Dow Jones Indices LLC, its affiliates and/or its third party licensors and have been licensed for use by CIBC. The GICs are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively, the S&P Dow Jones Indices), or the Toronto Stock Exchange. Neither the S&P Dow Jones Indices, nor the Toronto Stock Exchange makes any representation regarding the advisability of investing in the GICs.

For more information, please contact your advisor