MyndTec Inc. — Capital/Financing Update 2026

Feb 6, 2026

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CIBC ORACLE CORPORATION AUTOCALLABLE NOTES, SERIES 1

Principal At Risk Notes – Due February 20, 2031

Dated February 6, 2026

A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces and territories of Canada. A copy of the final base shelf prospectus, any amendment to the final base shelf prospectus and any applicable shelf prospectus supplement that has been filed, is required to be delivered with this document. This document does not provide full disclosure of all material facts relating to the securities offered. Investors should read the final base shelf prospectus, any amendment and any applicable shelf prospectus supplement for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.

Linked to Oracle Corporation Quarterly Autocall Feature (starting in May 2026) 20.00% Contingent Principal Protection

Investment Highlights

Currency

CAD Denominated.

Reference Share

The shares of Oracle Corporation listed on the NYSE (NYSE: ORCL).

Call Feature

The Notes will be automatically called by CIBC on a Call Date if the Reference Share Return on the applicable Valuation Date is greater than or equal to 0.00%. If the Notes are called by CIBC on any of the Call Dates, Investors will receive a minimum Fixed Return plus 2.50% of the amount, if any, by which the Reference Share Return exceeds such Fixed Return.

Fixed Return

The "Fixed Returns" are as follows:

Fixed Return
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
45.00%
50.00%
55.00%
60.00%
65.00%
70.00%
75.00%
80.00%
85.00%
90.00%
95.00%
100.00%

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Potential Upside

If the Notes are not automatically called by CIBC and if the Reference Share Return at maturity is greater than or equal to 0.00%, Investors will receive a minimum return of 100.00% (annual compounded return of 14.87%), and will also receive 2.50% of the amount, if any, by which the Reference Share Return exceeds 100.00%.

Contingent Principal Protection

If the Notes are not automatically called by CIBC and if the Reference Share Return at maturity is negative, the Notes provide principal protection at maturity if the Reference Share Return is greater than or equal to -20.00% on the final Valuation Date. If, however, the Reference Share Return is less than -20.00% on the final Valuation Date, Investors will receive less than the Principal Amount at maturity, subject to a minimum payment of \$1.00 per Note.

Term	Available Until		Issue Date		Maturity Date (if not called)		Minimum Investment		How to Buy
5 Years	February 13, 2026		February 20, 2026		February 20, 2031		\$5,000		Wood Gundy: SyndNET Third Party: Fundserv CBL21633
British Columbia: Ontario:	Distribution groups 1	416 594-7663 416 956-6787		Prairies: Québec:	Distribution groups 2	416 594-8046 514 847-6485	Atlantic Canada:	Distribution groups 3 Fundserv Client Services:	416 594-8099 866 474-0142

Investors will not have any right to receive any dividends or other distributions on the Reference Share. The annual dividend yield of the Reference Share was 1.22% for the 12 months ended January 30, 2026, which would represent aggregate dividends of 6.10% over the five year term of the Notes, assuming the dividend yield remains consistent and the dividends are not reinvested.

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Hypothetical Examples

The following hypothetical examples show how the Maturity Amount would be calculated under six different scenarios. These examples are for illustrative purposes only and should not be construed as an estimate or forecast of the performance of the Reference Share at any time during the term of the Notes or the Variable Return to be determined on any Valuation Date. The actual performance of the Reference Share will be different from these hypothetical examples and the differences may be material.

Example 1 – Notes are not called and the Reference Share Return is less than -20.00% on the final Valuation Date

In this example, the Notes are not automatically called by CIBC and Investors are entitled to receive a Maturity Amount of \$74.00 per Note (annual compounded return of -5.84%) on the Maturity Payment Date. The Reference Share Return is less than -20.00% on the final Valuation Date; therefore, the Variable Return is equal to the negative Reference Share Return.

Quarterly Valuation Date	Reference Share Return
1	-30.00%
2	-23.00%
3	-31.00%
4	-37.00%
5	-33.00%
6	-23.00%
7	-36.00%
8	-24.00%
9	-31.00%
10	-39.00%
11	-31.00%
12	-26.00%
13	-26.00%
14	-23.00%
15	-38.00%
16	-30.00%
17	-27.00%
18	-36.00%
19	-26.00%
20	-26.00%

Variable Return: -26.00% Maturity Amount: \$74.00

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Example 2 – Notes are not called and the Reference Share Return is less than 0.00% and greater than or equal to -20.00% on the final Valuation Date

In this example, the Notes are not automatically called by CIBC and Investors are entitled to receive a Maturity Amount of \$100.00 per Note (annual compounded return of 0.00%) on the Maturity Payment Date. The Reference Share Return is less than 0.00% and greater than or equal to -20.00% on the final Valuation Date; therefore, the Variable Return is 0.00%.

Reference Share Return
-30.00%
-23.00%
-31.00%
-37.00%
-33.00%
-23.00%
-36.00%
-24.00%
-31.00%
-39.00%
-31.00%
-26.00%
-26.00%
-23.00%
-38.00%
-30.00%
-27.00%
-36.00%
-26.00%
-3.00%

Variable Return: 0.00% Maturity Amount: \$100.00

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Example 3 – Notes are called in February 2027 and the Reference Share Return is less than or equal to the Fixed Return of 20.00% and greater than or equal to 0.00%

In this example, the Notes are automatically called by CIBC and Investors are entitled to receive a Maturity Amount of \$120.00 per Note (annual compounded return of 20.00%) on the Call Date in February 2027. Since the Reference Share Return is less than or equal to the Fixed Return of 20.00% and greater than or equal to 0.00%, the Variable Return is equal to 20.00%.

Quarterly Valuation Date	Reference Share Return
1	-3.00%
2	-2.00%
3	-3.00%
4	20.00%

Variable Return: 20.00% Maturity Amount: \$120.00

Example 4 – Notes are called in May 2026 and the Reference Share Return of 15.00% is greater than the Fixed Return of 5.00%

In this example, the Notes are automatically called by CIBC and Investors are entitled to receive a Maturity Amount of \$105.25 per Note (annual compounded return of 22.71%) on the Call Date in May 2026. Since the Reference Share Return is greater than the Fixed Return of 5.00%, the Variable Return is equal to (i) 5.00%, plus (ii) 2.50% x (15.00% - 5.00%), or 5.25%.

	Quarterly Valuation Date	Reference Share Return
	1	15.00%
Variable Return:	5.25%

Maturity Amount: \$105.25

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Example 5 – Notes mature in February 2031 and the Reference Share Return is less than or equal to the Fixed Return of 100.00% and greater than or equal to 0.00%

In this example, Investors are entitled to receive a Maturity Amount of \$200.00 per Note (annual compounded return of 14.87%) on the Maturity Payment Date. Since the Reference Share Return is less than or equal to the Fixed Return of 100.00% and greater than or equal to 0.00%, the Variable Return is equal to 100.00%.

Quarterly Valuation Date	Reference Share Return
1	-30.00%
2	-23.00%
3	-31.00%
4	-37.00%
5	-33.00%
6	-23.00%
7	-36.00%
8	-24.00%
9	-31.00%
10	-39.00%
11	-31.00%
12	-36.00%
13	-26.00%
14	-13.00%
15	-8.00%
16	-3.00%
17	-7.00%
18	-3.00%
19	-6.00%
20	75.00%

Variable Return: 100.00% Maturity Amount: \$200.00

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Example 6 – Notes mature in February 2031 and the Reference Share Return of 102.00% is greater than the Fixed Return of 100.00%

In this example, Investors are entitled to receive a Maturity Amount of \$200.05 per Note (annual compounded return of 14.88%) on the Maturity Payment Date. Since the Reference Share Return is greater than the Fixed Return of 100.00%, the Variable Return is equal to (i) 100.00%, plus (ii) 2.50% x (102.00% - 100.00%), or 100.05%.

Quarterly Valuation Date	Reference Share Return
1	-30.00%
2	-23.00%
3	-31.00%
4	-37.00%
5	-33.00%
6	-23.00%
7	-36.00%
8	-24.00%
9	-31.00%
10	-39.00%
11	-31.00%
12	-26.00%
13	-26.00%
14	-23.00%
15	-38.00%
16	-30.00%
17	-27.00%
18	-36.00%
19	-26.00%
20	102.00%

Variable Return: 100.05% Maturity Amount: \$200.05

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Investment Details

Issuer

Canadian Imperial Bank of Commerce ("CIBC").

Principal Amount

\$100.00 (Par) per Note.

Issue Size

Maximum \$50,000,000 (500,000 Notes).

Minimum Subscription

\$5,000 (50 Notes).

Reference Share

The shares of Oracle Corporation listed on the NYSE (NYSE: ORCL).

Issue Date

February 20, 2026

Maturity Date / Term

February 20, 2031 (5 years), provided that if such date is not a Business Day then the Maturity Date will be the immediately following Business Day, subject to the Notes being automatically called by CIBC on any Call Date and subject to the occurrence of a Market Disruption Event.

Call Dates and Valuation Dates

Based on an Issue Date of February 20, 2026, the Call Dates and Valuation Dates are as follows:

Call Dates
May 20, 2026
August 20, 2026
November 20, 2026
February 22, 2027
May 20, 2027
August 20, 2027
November 22, 2027
February 22, 2028
May 23, 2028
August 21, 2028
November 20, 2028
February 20, 2029
May 22, 2029

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Valuation Dates	Call Dates
August 13, 2029	August 20, 2029
November 13, 2029	November 20, 2029
February 12, 2030	February 20, 2030
May 13, 2030	May 21, 2030
August 13, 2030	August 20, 2030
November 13, 2030	November 20, 2030
February 12, 2031	-

Provided that (i) if the Issue Date is postponed, each Call Date will be postponed by an equivalent number of days, and provided further that if any such Call Date is not both a Business Day and at least five Business Days following the applicable Valuation Date, the applicable Call Date will be postponed until the next Business Day that is at least five Business Days following the immediately preceding Valuation Date, in each case subject to the occurrence of a Market Disruption Event; and (ii) if any such Valuation Date is not an Exchange Day, then the applicable Valuation Date will be the immediately following Exchange Day, subject to the occurrence of a Market Disruption Event.

Call Feature

The Notes will be automatically called by CIBC on a Call Date if the Reference Share Return on the applicable Valuation Date is greater than or equal to 0.00%. If the Notes are called by CIBC on any of the Call Dates, Investors will receive a minimum Fixed Return plus 2.50% of the amount, if any, by which the Reference Share Return exceeds such Fixed Return.

Reference Share Return

The Reference Share Return will be a number (positive or negative), expressed as a percentage, determined as follows:

(Share PriceVD – Share PriceID) / Share PriceID

where:

• the "Share PriceVD" will be the Closing Price on the applicable Valuation Date; and
• the "Share PriceID" will be the Closing Price on the Issue Date, provided that if the Issue Date is not an Exchange Day, the Share PriceID shall be determined on the next following Exchange Day (in which case references to the Closing Price on the Issue Date shall be deemed to refer to the Closing Price on such next following Exchange Day),

subject in each case to the provisions set out under "Market Disruption Events, Adjustments and Substitutions and Extraordinary Events" in the Prospectus.

Maturity Amount

Investors will be entitled to receive on the later of (a) the fifth Business Day following the final Valuation Date and (b) the Maturity Date (the "Maturity Payment Date") (or on a Call Date, if the Notes are automatically called by CIBC prior to the Maturity Date) in respect of each Note held by such Investor, an amount (the "Maturity Amount") equal to the product of:

• i) \$100.00; and
• ii) 100.00% plus the Variable Return,

subject to a minimum Maturity Amount of \$1.00 per Note.

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Variable Return

Positive Variable Return

If the Notes are called by CIBC on any of the Call Dates or the Reference Share Return is greater than or equal to 0.00% on the final Valuation Date preceding the Maturity Date in 2031, the "Variable Return" will be calculated as follows:

• a) where the Reference Share Return is less than or equal to the applicable Fixed Return, the Variable Return will be equal to such Fixed Return; or
• b) where the Reference Share Return is greater than the applicable Fixed Return, the Variable Return will be equal to such Fixed Return, plus 2.50% of the amount by which the Reference Share Return exceeds such Fixed Return.

If the Notes are called by CIBC, Investors will not be entitled to receive any further return that they would have otherwise been entitled to receive if the Notes had not been called by CIBC.

Zero or Negative Variable Return

If the Notes are not called by CIBC and the Reference Share Return is less than 0.00% on the final Valuation Date preceding the Maturity Date in 2031, the Variable Return at maturity will be calculated as follows:

• a) where the Reference Share Return is greater than or equal to -20.00% on the final Valuation Date, the Variable Return will be equal to 0.00%; or
• b) where the Reference Share Return is less than -20.00% on the final Valuation Date, the Variable Return will be equal to the Reference Share Return (which will be negative and result in a loss of a portion of the Principal Amount at maturity in these circumstances).

Variable Returns Payable

The following table shows the Variable Return payable to an Investor on a Call Date or on the Maturity Payment Date, depending on the Reference Share Return as determined on the applicable Valuation Date:

Valuation Date (May 12, 2026)

Valuation Date	Reference Share Return	Variable Return
May 12, 2026	< 0.00%	N/A
May 12, 2026	≥ 0.00% and ≤ 5.00%	5.00%
May 12, 2026	> 5.00%	5.00%, plus 2.50% of the Reference Share Return in excess of 5.00%

Valuation Date (August 13, 2026)

Valuation Date	Reference Share Return	Variable Return
August 13, 2026	< 0.00%	N/A
August 13, 2026	≥ 0.00% and ≤ 10.00%	10.00%
August 13, 2026	> 10.00%	10.00%, plus 2.50% of the Reference Share Return in excess of 10.00%

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Valuation Date (November 13, 2026)

Valuation Date	Reference Share Return	Variable Return
November 13, 2026	< 0.00%	N/A
November 13, 2026	≥ 0.00% and ≤ 15.00%	15.00%
November 13, 2026	> 15.00%	15.00%, plus 2.50% of the Reference Share Return in excess of 15.00%

Valuation Date (February 12, 2027)

Valuation Date	Reference Share Return	Variable Return
February 12, 2027	< 0.00%	N/A
February 12, 2027	≥ 0.00% and ≤ 20.00%	20.00%
February 12, 2027	> 20.00%	20.00%, plus 2.50% of the Reference Share Return in excess of 20.00%

Valuation Date (May 13, 2027)

Valuation Date	Reference Share Return	Variable Return
May 13, 2027	< 0.00%	N/A
May 13, 2027	≥ 0.00% and ≤ 25.00%	25.00%
May 13, 2027	> 25.00%	25.00%, plus 2.50% of the Reference Share Return in excess of 25.00%

Valuation Date (August 13, 2027)

Valuation Date	Reference Share Return	Variable Return
August 13, 2027	< 0.00%	N/A
August 13, 2027	≥ 0.00% and ≤ 30.00%	30.00%
August 13, 2027	> 30.00%	30.00%, plus 2.50% of the Reference Share Return in excess of 30.00%

Valuation Date (November 15, 2027)

Valuation Date	Reference Share Return	Variable Return
November 15, 2027	< 0.00%	N/A
November 15, 2027	≥ 0.00% and ≤ 35.00%	35.00%
November 15, 2027	> 35.00%	35.00%, plus 2.50% of the Reference Share Return in excess of 35.00%

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Valuation Date (February 14, 2028)

Valuation Date	Reference Share Return	Variable Return
February 14, 2028	< 0.00%	N/A
February 14, 2028	≥ 0.00% and ≤ 40.00%	40.00%
February 14, 2028	> 40.00%	40.00%, plus 2.50% of the Reference Share Return in excess of 40.00%

Valuation Date (May 15, 2028)

Valuation Date	Reference Share Return	Variable Return
May 15, 2028	< 0.00%	N/A
May 15, 2028	≥ 0.00% and ≤ 45.00%	45.00%
May 15, 2028	> 45.00%	45.00%, plus 2.50% of the Reference Share Return in excess of 45.00%

Valuation Date (August 14, 2028)

Valuation Date	Reference Share Return	Variable Return
August 14, 2028	< 0.00%	N/A
August 14, 2028	≥ 0.00% and ≤ 50.00%	50.00%
August 14, 2028	> 50.00%	50.00%, plus 2.50% of the Reference Share Return in excess of 50.00%

Valuation Date (November 10, 2028)

Valuation Date	Reference Share Return	Variable Return
November 10, 2028	< 0.00%	N/A
November 10, 2028	≥ 0.00% and ≤ 55.00%	55.00%
November 10, 2028	> 55.00%	55.00%, plus 2.50% of the Reference Share Return in excess of 55.00%

Valuation Date (February 12, 2029)

Valuation Date	Reference Share Return	Variable Return
February 12, 2029	< 0.00%	N/A
February 12, 2029	≥ 0.00% and ≤ 60.00%	60.00%
February 12, 2029	> 60.00%	60.00%, plus 2.50% of the Reference Share Return in excess of 60.00%

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Valuation Date (May 14, 2029)

Valuation Date	Reference Share Return	Variable Return
May 14, 2029	< 0.00%	N/A
May 14, 2029	≥ 0.00% and ≤ 65.00%	65.00%
May 14, 2029	> 65.00%	65.00%, plus 2.50% of the Reference Share Return in excess of 65.00%

Valuation Date (August 13, 2029)

Valuation Date	Reference Share Return	Variable Return
August 13, 2029	< 0.00%	N/A
August 13, 2029	≥ 0.00% and ≤ 70.00%	70.00%
August 13, 2029	> 70.00%	70.00%, plus 2.50% of the Reference Share Return in excess of 70.00%

Valuation Date (November 13, 2029)

Valuation Date	Reference Share Return	Variable Return
November 13, 2029	< 0.00%	N/A
November 13, 2029	≥ 0.00% and ≤ 75.00%	75.00%
November 13, 2029	> 75.00%	75.00%, plus 2.50% of the Reference Share Return in excess of 75.00%

Valuation Date (February 12, 2030)

Valuation Date	Reference Share Return	Variable Return
February 12, 2030	< 0.00%	N/A
February 12, 2030	≥ 0.00% and ≤ 80.00%	80.00%
February 12, 2030	> 80.00%	80.00%, plus 2.50% of the Reference Share Return in excess of 80.00%

Valuation Date (May 13, 2030)

Valuation Date	Reference Share Return	Variable Return
May 13, 2030	< 0.00%	N/A
May 13, 2030	≥ 0.00% and ≤ 85.00%	85.00%
May 13, 2030	> 85.00%	85.00%, plus 2.50% of the Reference Share Return in excess of 85.00%

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Valuation Date (August 13, 2030)

Valuation Date	Reference Share Return	Variable Return
August 13, 2030	< 0.00%	N/A
August 13, 2030	≥ 0.00% and ≤ 90.00%	90.00%
August 13, 2030	> 90.00%	90.00%, plus 2.50% of the Reference Share Return in excess of 90.00%

Valuation Date (November 13, 2030)

Valuation Date	Reference Share Return	Variable Return
November 13, 2030	< 0.00%	N/A
November 13, 2030	≥ 0.00% and ≤ 95.00%	95.00%
November 13, 2030	> 95.00%	95.00%, plus 2.50% of the Reference Share Return in excess of 95.00%

Valuation Date (February 12, 2031)

Valuation Date	Reference Share Return	Variable Return
February 12, 2031	< -20.00%	the Reference Share Return
February 12, 2031	≥ -20.00% and < 0.00%	0.00%
February 12, 2031	≥ 0.00% and ≤ 100.00%	100.00%
February 12, 2031	> 100.00%	100.00%, plus 2.50% of the Reference Share Return in excess of 100.00%

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Secondary Market and Early Trading Amount

The Notes will not be listed on any securities exchange or quotation system. CIBC World Markets Inc. ("CIBC WM") intends to provide a daily secondary market for the sale of Notes to CIBC WM, but reserves the right not to do so, in its sole discretion, at any time without any prior notice to Investors. Under no circumstances will CIBC WM provide a secondary market for the Notes on or following a Valuation Date for the Notes if the Notes will be called by CIBC on the applicable Call Date. No other secondary market for the Notes will be available. Any sale in the secondary market may be made at a price less than the Principal Amount and will reflect the deduction of an early trading amount of 3.42% per Note initially, declining daily by 0.076% to 0.00% after 45 days. A sale of Notes originally purchased using the Fundserv network will be subject to certain additional procedures and limitations established by the Fundserv network.

An Investor who disposes of a Note to CIBC WM in the secondary market will generally be required to include in income as interest the amount, if any, by which the sale price exceeds the Principal Amount of such Note. Investors who dispose of a Note prior to maturity should consult their own tax advisors. See "Certain Canadian Federal Income Tax Considerations" in the Pricing Supplement.

Calculation Agent

CIBC WM.

Registered Account Eligibility

RRSPs, RRIFs, RESPs, RDSPs, certain DPSPs, TFSAs and FHSAs.

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Fundserv is a registered trademark of Fundserv Inc.

This document should be read in conjunction with the short form base shelf prospectus dated September 19, 2024 (the "Prospectus") and the CIBC Pricing Supplement No. 4,595 to the Prospectus dated February 6, 2026 (the "Pricing Supplement").

An investment in the Notes involves risks not associated with conventional fixed rate or floating rate debt securities. None of CIBC, the Dealers or any of their respective affiliates, associates, or any other person or entity guarantees that holders of Notes will receive an amount equal to their original investment in the Notes or guarantees that any return will be paid on the Notes (subject to the minimum Maturity Amount of \$1.00 per Note) at or prior to maturity of the Notes. Amounts paid to holders of the Notes will depend on the performance of the Reference Share. An investment in Notes is not suitable for a purchaser who does not understand (either on his or her own or with the help of a financial advisor) the terms of the Notes or the risks associated with the Notes and with structured products, options or similar financial instruments generally. See "Risk Factors" in the Prospectus and "Certain Risk Factors" in the Pricing Supplement.

The Notes will not constitute deposits that are insured under the Canada Deposit Insurance Corporation Act or any other deposit insurance regime designed to ensure the payment of all or a portion of a deposit upon the insolvency of the deposit taking institution.

The principal amount of the Notes will not be fully guaranteed and, subject to the minimum Maturity Amount of \$1.00 per Note, will be at risk. As a result, Investors could lose substantially all of their original investment in the Notes.

CIBC WM intends to provide a secondary market for the sale of Notes to CIBC WM but reserves the right not to do so, in its sole discretion, at any time without any prior notice to holders of Notes. There is no other market through which the Notes may be sold and purchasers may not be able to re-sell Notes.

CIBC WM is a wholly-owned subsidiary of CIBC. By virtue of such ownership, CIBC is a "related issuer" and a "connected issuer" of CIBC WM within the meaning of applicable securities legislation. See "Plan of Distribution" in the Prospectus.