CM.TO
Published on 04/29/2026 at 12:38 am EDT
(10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129, as amended (the "Prospectus Regulation"). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions (the "Conditions") set forth in the Base Prospectus dated 23 January 2026 which constitutes a base prospectus (the "Prospectus") for the purposes of the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook (the "PRM"). This document constitutes the Final Terms of the Notes described herein for the purposes of the PRM and must be read in conjunction with such Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus. The Prospectus is available for viewing during normal business hours at and copies may be obtained from the registered office of the Issuer at 81 Bay Street, CIBC Square, Toronto, Ontario, Canada M5J 0E7, and at the office of Fiscal Agent, Deutsche Bank AG, London Branch at 21 Moorfields, London EC2Y 9DB, United Kingdom.
1. (a)
(b)
Series Number:
Tranche Number
SPUK 110
1
(c)
Date on which the Notes become fungible:
Not Applicable
Specified Currency: British Pounds Sterling ("GBP")
Aggregate Nominal Amount:
Series: Up to GBP 1,000,000
Tranche:
Description of the arrangements and time for announcing to the public through a primary information provider the definitive amount of the issue/offer:
Up to GBP 1,000,000
Up to GBP 1,000,000 in aggregate principal amount of the Notes will be issued and the criterion/condition for determining the final amount of Notes will be investor demand.
The offer period during which investors may purchase or subscribe for Notes will commence on (and from) 29 April 2026 and will end on (and including) 22 May 2026 or when the offer is declared unconditional, lapses, or is withdrawn, whichever occurs earlier.
The Issuer reserves the right to accept any subscriptions for Notes which would exceed the "up to" aggregate principal amount of the Notes of GBP 1,000,000 and the Issuer may increase the "up to" aggregate principal amount of the Notes to be issued.
The Issuer reserves the right, in its absolute discretion, to cancel the offer and the issue of the Notes in the United Kingdom at any time prior to the Issue Date.
A notice setting out the final aggregate nominal amount of Notes to be offered and issued will be published by the Issuer on the website of the London Stock Exchange (https://www.londonstockexchange.com/news) on or before the issue Date and the notice will be available on the Issuer's website at https://www.cibc.com/en/about-cibc/investor-relations/debt-information/structured-note-issuance-programme.html under "Issuance Documents".
Acceptances of the purchase or subscription of the Notes may be withdrawn for not less than 2 working days after the amount of Notes to be admitted to trading has been filed.
Issue Price: 100.00 per cent. of the Aggregate Nominal Amount
(a) Specified Denominations: GBP 1,000 and integral multiples of GBP 1 in excess thereof
Calculation of Interest and Redemption based on the Specified Denomination: Applicable
Minimum Trading Size: Applicable. The Minimum Trading Size is GBP 1,000 in aggregate
nominal amount
Calculation Amount: GBP 1.00
(a) Issue Date: 8 June 2026
Trade Date: 22 April 2026
Interest Commencement Date: Not Applicable
Maturity Date: 6 June 2031 or, if such date is not the day falling 10 Business Days after the Final Valuation Date, then the Maturity Date shall be the day falling 10 Business Days after the Final Valuation Date.
If the Preference Shares become subject to any Early Redemption Event, then the Maturity Date shall be the day falling 10 Business Days after the relevant Early Redemption Valuation Date.
Type of Notes:
Interest: Not Applicable
Redemption: Preference Share Linked Note
(Further particulars specified below in "PROVISIONS RELATING TO REDEMPTION")
Bail-inable Notes: No
Date Board approval for issuance of Notes obtained:
Not Applicable
Method of distribution: Non-syndicated
Asset Conditions: Preference Share Linked Asset Conditions applicable in accordance with Annex 5
Fixed Rate Note: Not Applicable
Floating Rate Note: Not Applicable
Linked Interest Note: Not Applicable
Redemption Determination Date(s): For the purposes of determining the Final Redemption Amount, the
date falling 10 Business Days prior to the Final Redemption Date
For the purposes of determining an Early Redemption Amount, the date falling 10 Business Days prior to the Early Redemption Date
Call Option: Not Applicable
Put Option: Not Applicable
Bail-inable Notes - TLAC Disqualification Event Call Option:
Not Applicable
Early Redemption Amount:
Early Redemption Amount(s) of each Note: payable on redemption for tax reasons, on Event of Default or Illegality and Force Majeure or other early redemption in accordance with the Conditions
Fair Market Redemption Amount calculated in accordance with General Condition 5.4.
Hedge Amount Not Applicable
Fair Market Value Redemption Amount Percentage:
Not Applicable
Automatic (Autocall) Early Redemption for the purposes of General Condition
5.2 and Automatic Early Redemption Conditions (Annex 3):
Not Applicable
Final Redemption Amount for the purposes of General Condition 5.1 (Final Redemption) determined in accordance with:
Not Applicable
(a) Index Linked Note: Not Applicable
Equity Linked Note: Not Applicable
Fund Linked notes: Not Applicable
Preference Share Linked Note: Applicable.
Preference Share Issuer: Tower Securities Limited
A description of the Preference Share Issuer is contained in the Base Prospectus.
Information: The Preference Share Terms and Conditions are attached to these Final Terms.
The Articles of the Preference Share Issuer are available for inspection on request from Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London, EC2V 6ET, Attention: Execution Management.
The Preference Share Value will be available on each Business Day on request from Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London, EC2V 6ET, Attention: Execution Management
Preference Shares: UK Preference Shares Series 61, issued by the Preference Share
Issuer
Preference Share Underlying: Nikkei 225 Index (Bloomberg Ticker: NKY Index)
Final Valuation Date: 22 May 2031, provided that if there is an Early Preference Share
Redemption Event as a result of the Preference Shares being redeemed following an Auto-Call Trigger Event in accordance with the Preference Share Terms and Conditions, the Final Valuation Date(s) will be the relevant Auto-Call Valuation Date(s) as set out in the Preference Share Terms and Conditions, being:
Preference Share Auto Call Valuation Date(s)
24 May 2027
22 May 2028
22 May 2029
22 May 2030
22 May 2031
Provided further that if the Calculation Agent determines that any date for valuation of or any determination in respect of the Preference Share or of the underlying asset or reference basis (or any part thereof) for the Preference Shares otherwise falling on or about such day is delayed in accordance with the Preference Share Terms and Conditions of the Preference Shares for any reason, the Final Valuation Date(s) shall be deemed to be the final such delayed valuation date or determination date(s), all as determined by the Calculation Agent.
Valuation Time: 5:00pm (London time)
Additional Disruption Event:
Change in Law: Applicable: Hedging Arrangements is Applicable
Hedging Disruption: Applicable
Increased Cost of Hedging: Applicable
Insolvency Filing: Applicable
Early Redemption Notice Period Number:
10 Business Days following the Early Redemption Valuation Date
Fair Market Value Redemption Amount:
As specified in Preference Share Linked Condition 1.6(b)
Extraordinary Events: Applicable
Merger Event is Applicable Tender Offer is Applicable Insolvency is Applicable Nationalisation is Applicable
Delivery: Cash Settlement
(a) Form: Registered Notes
Registered Form: Registered Global Note registered in the name of a nominee for a common depositary for Euroclear and Clearstream, Luxembourg
ISIN: XS3359677393 Series Number: SPUK 110
Disclaimer
CIBC - Canadian Imperial Bank of Commerce published this content on April 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 29, 2026 at 04:37 UTC.