EX-99.2 3 ex992.htm REPORT OF VOTING RESULTS

Exhibit 99.2

 

 

 

 

 

Annual Meeting of Shareholders

Toronto, Ontario

Thursday, April 4, 2024

Voting Results

In accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations

The following matters were voted on at the Annual Meeting of Shareholders of CIBC (the "Bank") held on April 4, 2024. The votes were conducted by ballot. Each of the matters set out below is described in greater detail in the Management Proxy Circular which can be found at https://www.cibc.com/en/about-cibc/investor-relations/annual-reports-and-proxy-circulars.html.

 

1.Election of Directors

Each of the following 13 nominees proposed by management was elected as a Director of the Bank.

  Votes for Votes withhold
Nominees # % # %
Ammar Aljoundi 371,067,327 99.47% 1,986,773 0.53%
Charles J.G. Brindamour 371,343,634 99.54% 1,710,466 0.46%
Nanci E. Caldwell 370,041,395 99.19% 3,012,705 0.81%
Michelle L. Collins 370,398,377 99.29% 2,655,723 0.71%
Victor G. Dodig 371,931,336 99.70% 1,122,764 0.30%
Kevin J. Kelly 359,574,277 96.39% 13,479,823 3.61%
Christine E. Larsen 371,633,380 99.62% 1,420,720 0.38%
Mary Lou Maher 368,674,808 98.83% 4,379,292 1.17%
William F. Morneau 371,256,557 99.52% 1,797,543 0.48%
Mark W. Podlasly 371,549,030 99.60% 1,505,070 0.40%
Katharine B. Stevenson 362,932,551 97.29% 10,121,549 2.71%
Martine Turcotte 368,691,006 98.83% 4,363,094 1.17%
Barry L. Zubrow 370,827,108 99.40% 2,226,992 0.60%

 

2.Appointment of Auditors

Ernst & Young LLP was appointed as the auditors of the Bank.

Votes for Votes withhold
352,568,204 91.94% 30,897,415 8.06%
       

 

 

 

3.Advisory resolution regarding our Executive Compensation Approach
Votes for Votes withhold
360,174,591 96.56% 12,843,055 3.44%
       

 

4.Shareholder Proposal 1: Oil and Gas Sector Divestment Impact
Votes for Votes withhold Votes abstain*
2,425,706 0.65% 368,328,632 99.35% 2,290,349 0.62%
           

 

5.Shareholder Proposal 2: In-person Annual Meetings
Votes for Votes withhold Votes abstain*
197,323,976 53.11% 174,190,613 46.89% 1,538,290 0.41%
           

 

6.Shareholder Proposal 3: Country-level Renumeration Ratios
Votes for Votes withhold Votes abstain*
43,680,634 12.61% 302,598,016 87.39% 26,774,278 7.73%
           

 

7.Shareholder Proposal 4: Advisory Vote on Environmental Policy
Votes for Votes withhold Votes abstain*
48,774,657 14.23% 294,048,424 85.77% 30,228,390 8.82%
           

 

8.Shareholder Proposal 5: CEO to Median Worker Pay Ratio
Votes for Votes withhold Votes abstain*
36,050,456 10.40% 310,542,879 89.60% 26,455,481 7.63%
           

 

* An abstention is counted as present for quorum purposes but is not counted as a vote cast in determining whether the requisite majority of votes cast has approved the proposal.