Canadian Imperial Bank of Commerce : Publication of Final Terms (XS3361607156, SPUK 112)

Published: 2026-04-28 05:56:13 ET CM.TO

Published on 04/28/2026 at 05:56 am EDT

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 (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 this 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.

(a) Series Number:

SPUK 112

(b) Tranche Number

Not Applicable

Specified Currency:

British Pounds Sterling ("GBP")

Aggregate Nominal Amount:

(a) Series:

Up to GBP 2,000,000

(b) Tranche:

Up to GBP 2,000,000

(c) 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 2,000,000 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) 30 April 2026 and will end on (and including) 12 June 2026 or when the offer is declared unconditional, lapses, or is withdrawn, whichever occurs earlier.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 2,000,000 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 26 June 2026 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 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

(b) Minimum Trading Size:

Applicable. The Minimum Trading Size is GBP 1,000 in aggregate nominal amount

GBP 1

(a) Issue Date:

26 June 2026

(b) Trade Date:

23 April 2026

Issue Date

Maturity Date:

26 June 2028, subject to any early redemption.

Type of Notes:

(a) Interest:

Fixed Rate Note

(Further particulars specified below in "PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE")

(b) Redemption:

Equity Linked Note

(Further particulars specified below in "PROVISIONS RELATING TO REDEMPTION")

Date Board approval for issuance of Notes obtained:

Not Applicable

10.

Method of distribution:

Non-syndicated

11.

Asset Conditions:

Equity Linked Asset Conditions applicable in accordance with Annex 1

PROVISIONS RELTING TO INTEREST (IF ANY) PAYABLE

12.

Fixed Rate Note:

Applicable

(a) Interest Accrual Periods:

Applicable to All Interest Accrual Periods

Interest Accrual Periods will be unadjusted

(b) Rate(s) of Interest:

9.54 per cent. per annum payable monthly in arrears

27 July 2026, 26 August 2026, 28 September 2026, 26 October 2026,

26 November 2026, 30 December 2026, 26 January 2027, 26 February

2027, 30 March 2027, 26 April 2027, 26 May 2027, 28 June 2027, 26

July 2027, 26 August 2027, 27 September 2027, 26 October 2027, 26

November 2027, 29 December 2027, 26 January 2028, 28 February

2028, 27 March 2028, 28 April 2028, 26 May 2028 and the Maturity Date

(d) Interest Period Dates:

Not Applicable

(e) Fixed Coupon Amount(s):

GBP 0.00795 per Calculation Amount

(f) Broken Amount(s):

Not Applicable

(g) Day Count Fraction:

Not Applicable

(h) Business Day Convention for the purposes of adjustment of "Interest Accrual Periods" in accordance with sub-paragraph

(h) above:

Following Business Day Convention

(i) Additional Business Centre(s):

Not Applicable

(j) Determination Date(s):

Not Applicable

13.

Floating Rate Note:

Not Applicable

14.

Linked Interest Note:

Not Applicable

PROVISIONS RELATING TO REDEMPTION

15.

Redemption Determination Date(s):

For the purposes of determining the Final Redemption Amount, the Valuation Date

For the purposes of determining an Early Redemption Amount, the relevant Early Redemption Observation Date

16.

Call Option:

Not Applicable

17.

Put Option:

Not Applicable

18.

Bail-inable Notes - TLAC Disqualification Event Call Option:

Not Applicable

19.

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. For the purposes hereof the provision "The Fair Market Value Redemption Amount specified above shall be determined taking into account any amounts in respect of accrued but unpaid interest, and accordingly no other amount of" shall be deemed to be deleted from General Condition 5.4(a) and replaced with "No amount of".

(a) Hedge Amount

Not Applicable

(b) Fair Market Value Redemption Amount Percentage:

Not Applicable

20.

Automatic (Autocall) Early Redemption for the purposes of General Condition 5.2 and Automatic Early Redemption Conditions (Annex 3):

Not Applicable

21.

Final Redemption Amount for the purposes of General Condition 5.1 (Final Redemption) determined in accordance with:

Applicable

(a) Redemption Payoff:

Determined in accordance with Reverse Convertible (Worst of)

- Final Redemption Percentage:

100 per cent.

- Redemption Unwind Costs:

Not Applicable

Reference Price Percentage: Not Applicable

Initial Price: As specified in the table in Paragraph 22, which is the official closing price

of the Underlying Asset on the Strike Date

Strike Price: The product of (a) 100 per cent. and (b) the Initial Price of the relevant

Underlying Asset

Kick-in Event: In the definition of Kick-in Event less than applies.

Kick-in Level: The product of (a) 50 per cent. and (b) the Initial Price of the relevant

Underlying Asset

PL ("Protection Level"): Not Applicable

Early Redemption Level Not Applicable

Fair Market Value Redemption Amount:

Not Applicable

Applicable

Chapter 2

‌Single Underlying: Not Applicable

Basket Applicable

Underlying

Equity:

ISIN/

Bloomberg Code:

Exchange:

Weighting/ Multiplier:

Related Exchange:

Valuation Time:

Initial Price:

NVIDIA Corp

NVDA UW

Equity

NASDAQ

Not Applicable

All Exchanges

Closing

USD [ ]

Alphabet Inc.

GOOGL UW

Equity

NASDAQ

Not Applicable

All Exchanges

Closing

USD [ ]

Apple Inc.

AAPL UW

Equity

NASDAQ

Not Applicable

All Exchanges

Closing

USD [ ]

Potential Adjustment Events: Applicable

De-listing: Applicable

Merger Event: Applicable

Nationalization: Applicable

Insolvency: Applicable

(viii) Tender Offer:

Applicable

(ix) Valuation Date:

12 June 2028

Disrupted Day is Applicable for purposes of the definition of Reference Price

(x) Valuation Time:

Annex 1, Chapter 2 applies

(xi) Correction of Equity Prices:

Applicable: The Reference Price shall be calculated without regard to any subsequently published correction)

- Correction Cut-Off Date:

2 Business Days prior to the Maturity Date

(xii) Additional Disruption Events:

Applicable

The following Additional Disruption Events apply to the Notes: Change in Law

Hedging Disruption

Increased Cost of Hedging Insolvency Filing

Increased Cost of Stock Borrow

‌(xiii) Other Events:

Not Applicable

(d) Preference Share Linked Note:

Not Applicable

(e) Delivery:

Cash Settlement is Applicable

GENERAL PROVISIONS APPLICABLE TO THE NOTES

23.

(a) Form:

Registered Form:

Registered Global Note registered in the name of a nominee for a common safekeeper for Euroclear and Clearstream, Luxembourg

(b) Notes in New Global Note form

24.

Business Day Convention for the purposes of "Payment Business Day" election in accordance with General Condition 6.6 (Payment Business Day):

Following Payment Business Day

25.

Additional Financial Centre(s):

Not Applicable

26.

Additional Business Centre(s):

Not Applicable

27.

Talons for future Coupons or Receipts to be attached to Definitive Bearer Notes and dates on which such Talons mature:

28.

Redenomination (for the purposes of General Condition 11):

Not Applicable

29.

‌Calculation Agent:

Canadian Imperial Bank of Commerce, Toronto

81 Bay Street, CIBC Square, Toronto, Ontario M5J 0E7, Canada

30.

‌Governing Law

English Law

31.

‌Relevant Index Benchmark:

As per the definition in Index Linked Asset Condition 2

‌(a) Specified Public Source:

As per the definition in the Definitions Condition

‌(b) Impacted Index:

Not Applicable

‌(c) Close of Business:

Not Applicable

THIRD PARTY INFORMATION

The information included herein with respect to indices and/or formulas comprising, based on or referring to variations in the prices of one or more shares in companies, any other equity or non-equity securities, currencies or currency exchange rates, interest rates, credit risks, fund units, shares in investment companies, term deposits, life insurance contracts, loans, commodities or futures contracts on the same or any other underlying instrument(s) or asset(s) or the occurrence or not of certain events not linked to the Issuer or any other factors to which the Notes are linked (the "Underlying") consists only of extracts from, or summaries of publicly available information. The Issuer accepts responsibility that such extracts or summaries have been accurately reproduced and that, so far as it is aware, and is able to ascertain from information published by the issuer, owner or sponsor, as the case may be, of such Underlying, no facts have been omitted that would render the reproduced extracts or summaries inaccurate or misleading. No further or other responsibility in respect of such information is accepted by the Issuer. In particular, neither the Issuer nor any Dealer accepts responsibility in respect of the accuracy or completeness of the information set forth herein concerning the Underlying of the Notes or that there has not

occurred any event which would affect the accuracy or completeness of such information.

Signed on behalf of the Issuer:

By:

Duly authorised

32.

LISTING AND ADMISSION TO TRADING

‌Listing and admission to trading:

Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the London Stock Exchange's main market with effect from the Issue Date and to be listed on the Official List of FCA.

33.

RATINGS:

‌Ratings:

The Notes to be issued have not been rated

34.

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save as discussed in "Subscription and Sale" in the Base Prospectus and save for any fees payable to the Dealer, and any distributor Offeror in connection with the issue of Notes, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer. The Dealer and its affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer in the ordinary course.

35.

REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS AND TOTAL EXPENSES

‌(a) Reasons for the offer:

See the "Use of Proceeds" section of the Base Prospectus.

‌(b) Estimated net proceeds:

An amount equal to 98.00 per cent. of the final Aggregate Principal Amount of the Notes issued on the Issue Date. For the avoidance of doubt, the estimated net proceeds reflect the proceeds to be received by the Issuer on the Issue Date..

‌(c) Estimated total expenses related to admission to trading:

GBP 695 (listing fee)

36.

YIELD

‌Indication of yield

9.54 per cent. per annum

37.

PERFORMANCE OF RATES

Not Applicable

38.

PERFORMANCE OF UNDERLYING AND OTHER INFORMATION CONCERNING THE UNDERLYING

‌Underlying:

NVIDIA Corp (Bloomberg Ticker: NVDA UW Equity)

Alphabet Inc. (Bloomberg Ticker: GOOGL UW Equity) Apple Inc. (Bloomberg Ticker: AAPL UW Equity)

‌Where past and future performance and volatility of the Underlying can be obtained from, free of charge:

Information about the past and future performance of the Underlying and its volatility can be obtained from Bloomberg:

‌(i) NVIDIA Corp (Bloomberg Ticker: NVDA UW Equity): https://www.bloomberg.com/quote/NVDA:US

‌Alphabet Inc. (Bloomberg Ticker: GOOGL UW Equity):

https://www.bloomberg.com/quote/GOOGL:US

‌Apple Inc. (Bloomberg Ticker: AAPL UW Equity): https://www.bloomberg.com/quote/AAPL:US

Further information is set out in paragraph 22(b) of these Final Terms

Post-issuance information

The Issuer does not intend to publish post-issuance information in relation to any underlying element to which the Notes are linked.

39.

PERFORMANCE OF PREFERENCE SHARE UNDERLYING AND OTHER INFORMATION CONCERNING THE PREFERENCE SHARE UNDERLYING

Not Applicable

40.

DISTRIBUTION

‌(a) Method of distribution

Non-syndicated

‌(b) If syndicated:

Not Applicable

‌(c) If non-syndicated, name and address of Dealer

The following Dealer is procuring subscribers for the Notes:

Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London, EC2V 6ET

‌(d) Indication of the overall amount of the underwriting commission and of the placing commission:

No commissions are payable by the Issuer to the Dealer

‌(e) U.S. Selling Restrictions:

Reg. S Compliance Category 2

TEFRA Not Applicable

‌(f) Prohibition of Sales to EEA Retail Investors:

Applicable

‌(g) Prohibition of Sales to UK Retail Investors

Not Applicable

‌(h) U.S. Dividend Equivalent Withholding

Not Applicable. The Issuer has determined that the Notes (without regard to any other transactions) should not be subject to US withholding tax under Section 871(m) of the US Internal Revenue Code and regulations promulgated thereunder.

41.

OPERATIONAL INFORMATION

‌(a) ISIN Code:

XS3361607156

‌(b) Temporary ISIN

Not Applicable

‌(c) Common Code

336160715

‌(d) Other applicable Note identification number

Not Applicable

‌(e) Relevant clearing system(s) other than Euroclear Bank SA/NV and Clearstream Banking, S.A. and the relevant identification number(s)

Not Applicable

‌(f) Delivery:

Delivery against payment

‌(g) Names and addresses of additional Paying Agent(s) (if any)

Not Applicable

‌(h) Notes intended to be held in a manner which would allow Eurosystem eligibility:

While the designation is specified as "no" at the date of these Final Terms, should the Eurosystem eligibility criteria be amended in the future such that the Notes are capable of meeting them, the Notes may then be deposited with one of the ICSDs as common safekeeper). Note that this does not necessarily mean that the Notes will then be recognised as eligible collateral for Eurosystem monetary policy and intraday credit operations by the Eurosystem at any time during their life. Such recognition will depend upon the ECB being satisfied that Eurosystem eligibility criteria have been met.

42.

UK BENCHMARKS REGULATION

‌UK Benchmarks Regulation: Article 29(2) statement on benchmarks:

Not Applicable

Disclaimer

CIBC - Canadian Imperial Bank of Commerce published this content on April 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 28, 2026 at 09:55 UTC.