NOTIFICATION OF INITIAL VALUE FINAL TERMS DATED 3 MAY 2024 (XS2818312592)

10 May 2024

Series SPEU 5342: Issue of GBP 5,000,000 Principal Protected Index Linked Notes due

November 2027, ISIN: XS2818312592 (the "Notes"), Initial Value Notification

We refer to the issue of the Notes, described in more detail in the Final Terms dated 3 May 2024 and signed by CIBC (the "Final Terms"), which were issued on 9 May 2024 (the "Issue Date").

In respect of the Initial Value as determined by the Calculation Agent (and as set out in the Reference Item Table, paragraph 37(vii), paragraph 39(ix) and in the Issue Specific Summary of the Final Terms), we hereby notify you of the following:

Name of Underlying Index

Initial Value

Currency

Nasdaq 100 Index

18,085.0100

USD

All other terms and conditions as stated in the Final Terms remain unchanged.

Capitalized terms used but not defined herein shall have the same meaning ascribed thereto in the Final Terms.

Yours faithfully,

François-Xavier Desplanches

Head of Structured Note Sales

On behalf of

Canadian Imperial Bank of Commerce

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CIBC - Canadian Imperial Bank of Commerce published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 12:15:04 UTC.