Purchasers are directed to or to the CDR Website to obtain copies of the Prospectus and related disclosure before purchasing CDRs. The Prospectus will not be delivered to purchasers. Important information about these investments is contained in the Short Form Base Shelf Prospectus and Prospectus Supplement for each Series of CDRs (together, the “Prospectus”). An investment in Canadian depositary receipts (“CDRs”) may not be suitable for all investors. The Information is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase the investment products described herein. The Information is not intended to constitute a “report, statement or opinion of an expert” for purposes of the securities legislation of any province or territory of Canada or otherwise. The Information may not be reproduced, disseminated, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC WM in each specific instance. (“CIBC WM”) or Canadian Imperial Bank of Commerce (“CIBC”), as applicable, is confidential and is intended only for the use of the individuals to whom it is presented. The information contained on this website (the “Information”) has been prepared by CIBC World Markets Inc.
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