EX-99.B3(D) 5 d533222dex99b3d.htm OTHER PAGES OF CIBC'S 2023 ANNUAL REPORT INCORPORATED IN ANNUAL INFORMATION FORM OTHER PAGES OF CIBC'S 2023 ANNUAL REPORT INCORPORATED IN ANNUAL INFORMATION FORM

Exhibit B.3(d): Other Pages of CIBC’s 2023 Annual Report incorporated in Annual Information Form

 

   

“Transfer Agent and Registrar” pages 200-201

 

   

“Directors and Board Committees” page 202


Shareholder information

Fiscal Year

November 1st to October 31st

Key Dates

Reporting dates 2024

First quarter results – Thursday, February 29, 2024

Second quarter results – Thursday, May 30, 2024

Third quarter results – Thursday, August 29, 2024

Fourth quarter results – Thursday, December 5, 2024

Annual Meeting of Shareholders 2024

CIBC’s Annual Meeting of Shareholders will be held on April 4, 2024. For more details, please visit our Annual Meeting webpage at https://www.cibc.com/en/about-cibc/investor-relations/annual-meeting.html.

Common shares of CIBC (CM) are listed on the Toronto Stock Exchange and the New York Stock Exchange. Preferred shares are listed on the Toronto Stock Exchange.

Dividends

Quarterly dividends were paid on CIBC common and preferred shares in 2023:

Common shares

Record date   Payment date   Dividends per share   Number of common shares
on record date
Sep 28/23   Oct 27/23   $0.870  

924,558,194

Jun 28/23   Jul 28/23   $0.870  

918,646,499

Mar 28/23   Apr 28/23   $0.850  

912,156,137

Dec 28/22   Jan 27/23   $0.850  

906,490,787

Preferred shares

Stock   Series 39   Series 41   Series 43   Series 47   Series 49   Series 51   Series 56
Ticker symbol   CM.PR.O   CM.PR.P   CM.PR.Q   CM.PR.S   CM.PR.T   CM.PR.Y   n/a
Quarterly dividend   $0.232063   $0.244313   $0.196438   $0.367375   $0.325000   $0.321875   n/a
Semi-annual dividend   n/a   n/a   n/a   n/a   n/a   n/a   $36.825000

2024 dividend payment dates

(Subject to approval by the CIBC Board of Directors)

 

Record dates    Payment dates
December 28, 2023    January 29, 2024
March 28, 2024    April 29, 2024
June 28, 2024    July 29, 2024
September 27, 2024    October 28, 2024

Eligible dividends

CIBC designates any and all dividends paid or deemed for Canadian federal, provincial or territorial income tax purposes to be paid on or after January 1, 2006 to be “eligible dividends”, unless otherwise indicated in respect of dividends paid subsequent to this notification, and hereby notifies all recipients of such dividends of this designation.

Regulatory capital

Information on CIBC’s regulatory capital instruments and regulatory capital position may be found at https://www.cibc.com/en/about-cibc/investor-relations/regulatory-capital-instruments.html.

Credit ratings

Credit rating information can be found on pages 81 – 82 in this Annual Report.

Shareholder investment plan

All Canadian and U.S. resident registered holders of CIBC common shares and designated Class A preferred shares may participate in one or more of the following options and pay no brokerage commissions or service charges:

Dividend reinvestment option – Canadian residents may have dividends reinvested in additional CIBC common shares.

Share purchase option – Canadian residents may purchase up to $50,000 of additional CIBC common shares during the fiscal year.

Stock dividend option – U.S. residents may elect to receive stock dividends on CIBC common shares.

Further information is available through TSX Trust Company and on the CIBC website at www.cibc.com.

 

200   CIBC 2023 ANNUAL REPORT


Transfer agent and registrar

For information relating to shareholdings, shareholder investment plan, dividends, direct dividend deposit, dividend reinvestment accounts and lost certificates, or to eliminate duplicate mailings of shareholder material, please contact:

TSX Trust Company, 301-100 Adelaide St. West, Toronto, ON M5H 4H1,

416 682-3860 or 1 800 387-0825 (Canada and the U.S. only), fax 1 888 249-6189 or 514 985-8843, Email: shareholderinquiries@tmx.com,

website: www.tsxtrust.com.

Common and preferred shares are transferable in Canada at the offices of our agent, TSX Trust Company, in Toronto, Montreal, Calgary and Vancouver.

In the U.S., common shares are transferable at:

Computershare Inc., By Mail: P.O. Box 43078 Providence, RI 02940; By Overnight Delivery: 150 Royall St., Canton, MA 02021, 1 800-522-6645, website: www.computershare.com/investor.

Registered shareholders can opt to have their shares recorded electronically in the Direct Registration System (DRS). Please contact our transfer agent for details.

How to reach us:

 

CIBC Head Office

81 Bay Street, CIBC SQUARE,      

Toronto, Ontario, Canada

M5J 0E7

SWIFT code: CIBCCATT

Website: www.cibc.com

 

Investor Relations

Email: Mailbox.InvestorRelations@cibc.com

 

Corporate Secretary

Email: corporate.secretary@cibc.com

 

Client Complaint Appeals Office (CCAO)

Toll-free across Canada:  1-888-947-5207

Email: mailbox.clientcomplaintappeals@cibc.com

CIBC Telephone Banking

Toll-free across Canada: 1 800 465-2422

  

Communications and Public Affairs

Email: Mailbox.Communications@cibc.com

  

Client Care

Toll-free across Canada: 1 800 465-2255

Email: client.care@cibc.com

 

Where to find more information

CIBC Annual Report 2023

Additional print copies of the Annual Report will be available in March 2024 and may be obtained by emailing Mailbox.InvestorRelations@cibc.com. The Annual Report is also available online at www.cibc.com/ca/investor-relations/annual-reports.html.

Des exemplaires supplémentaires du Rapport annuel seront disponibles en mars 2024 et peuvent être commandés par courriel à relationsinvestisseurs@cibc.com. Le Rapport annuel est aussi disponible à l’adresse www.cibc.com/ca/investor-relations/annual-reports-fr.html.

CIBC Sustainability Report and Public Accountability Statement 2023

This report reviews our economic, environmental, social and governance activities over the past year and will be available in March 2024 at https://www.cibc.com/en/about-cibc/corporate-responsibility.html.

Management Proxy Circular 2024

The Management Proxy Circular contains information for shareholders about CIBC’s annual meeting, including information relating to the election of CIBC’s directors, appointment of auditors and shareholder proposals, as well as other matters. The 2024 Proxy Circular will be available in March 2024 at www.cibc.com.

Corporate Governance

CIBC’s Statement of Corporate Governance Practices describes the governance framework that guides the Board and management in fulfilling their obligations to CIBC and our shareholders. This statement and other information on Corporate Governance at CIBC, including our CIBC Code of Conduct for all employees and Directors, can be found on our corporate website at www.cibc.com/ca/inside-cibc/governance/governance-practices.html.

Regulatory Filings

In Canada with the Canadian Securities Administrators at www.sedarplus.ca.

In the U.S. with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml.

Incorporation

Canadian Imperial Bank of Commerce (CIBC) is a diversified financial institution governed by the Bank Act (Canada). CIBC was formed through the amalgamation of The Canadian Bank of Commerce and Imperial Bank of Canada in 1961.

The Canadian Bank of Commerce was originally incorporated as Bank of Canada by special act of the legislature of the Province of Canada in 1858. Subsequently, the name was changed to The Canadian Bank of Commerce and it opened for business under that name in 1867. Imperial Bank of Canada was incorporated in 1875 by special act of the Parliament of Canada and commenced operations in that year.

Trademarks

Trademarks used in this Annual Report which are owned by Canadian Imperial Bank of Commerce, or its subsidiaries in Canada and/or other countries include, “Ambition”, “Ambitions Made Real”, “Aventura”, “CIBC Agility”, “CIBC Bank USA Smart Account”, the CIBC logo, “CIBC eAdvantage”, “CIBC FirstCaribbean International Bank”, “CIBC ForeignCash Online”, “CIBC Global Money Transfer”, “CIBC GoalPlanner”, “CIBC Investor’s Edge”, “CIBC Miracle Day”, “CIBC Mobile Banking”, “CIBC Private Wealth”, “CIBC Smart”, “CIBC Smart Planner”, “CIBC SmartBanking”, “Simplii Financial” and “Wood Gundy”. All other trademarks mentioned in this annual report which are not owned by Canadian Imperial Bank of Commerce or its subsidiaries, are the property of their respective owners.

 

CIBC 2023 ANNUAL REPORT     201  


Board of Directors:

 

Katharine B. Stevenson

Chair of the Board

CIBC

Corporate Director

Toronto, Ontario, Canada

Joined in 2011

  Ammar Aljoundi

(RMC)

President and Chief Executive Officer

Agnico Eagle Mines Limited

Toronto, Ontario, Canada

Joined in 2022

  Charles J. G. Brindamour

(RMC)

Chief Executive Officer

Intact Financial Corporation

Toronto, Ontario, Canada

Joined in 2020

  Nanci E. Caldwell

(CGC – Chair, MRCC)

Corporate Director

Woodside, California, U.S.A.

Joined in 2015

Michelle L. Collins

(AC)

President

Cambium LLC

Chicago, Illinois, U.S.A.

Joined in 2017

  Luc Desjardins

(CGC, MRCC)

Corporate Director

Montréal, Québec, Canada

Joined in 2009

  Victor G. Dodig

President and Chief Executive Officer

CIBC

Toronto, Ontario, Canada

Joined in 2014

  Kevin J. Kelly

(MRCC – Chair)

Corporate Director

Toronto, Ontario, Canada

Joined in 2013

Christine E. Larsen

(MRCC)

Corporate Director

Montclair, New Jersey, U.S.A.

Joined in 2016

  Mary Lou Maher

(AC – Chair)

Corporate Director

Toronto, Ontario, Canada

Joined in 2021

  William F. Morneau

Corporate Director

Toronto, Ontario, Canada

Joined in 2022

  Mark Podlasly

Chief Sustainability Officer

First Nations Major Projects
Coalition

West Vancouver, B.C., Canada

Joined in 2023

Martine Turcotte

(AC, CGC)

Corporate Director

Verdun, Québec, Canada

Joined in 2014

  Barry L. Zubrow

(CGC, RMC – Chair)

Chief Executive Officer

ITB LLC

West Palm Beach, Florida, U.S.A.

Joined in 2015

   

AC – Audit Committee

CGC – Corporate Governance Committee

MRCC – Management Resources and Compensation Committee

RMC – Risk Management Committee

 

202   CIBC 2023 ANNUAL REPORT