加拿大帝国商业银行美股招股说明书(2025-09-09版)

Canadian Imperial Bank of CommerceSenior Global Medium-Term Notes $2,000,000 Contingent Coupon Autocallable Barrier Notes Linked to the Class A Common Stock of Hims & Hers Health, Inc.due September 13, 2027 ·The Contingent Coupon Autocallable Barrier Notes (the “notes”) will provide quarterly Contingent Coupon Payments of $85.00per $1,000 principal amount (or 8.50% of the principal amount, equivalent to 34.00% per annum) until the earlier of maturity orautomatic call if,and only if, the Closing Price of the Reference Stock on the applicable quarterly Coupon Determination Date isgreater than or equal to the Coupon Barrier Price (60% of the Initial Price).If the Closing Price of the Reference Stock on any quarterly Call Observation Date beginning on September 8, 2026 is greater ·than or equal to the Call Price (100% of the Initial Price), we will automatically call the notes and pay you on the applicable CallPayment Date the principal amount plus the applicable Contingent Coupon Payment. No further amounts will be owed to you.·If the notes have not been previously called, the Payment at Maturity will depend on the Closing Price of the Reference Stock onthe Final Valuation Date (the “Final Price”) and will be calculated as follows:a.If the Final Price is greater than or equal to the Principal Barrier Price (60% of the Initial Price): (i) the principal amount plus(ii) the final Contingent Coupon Payment.b.If the Final Price is less than the Principal Barrier Price: (i) the principal amount plus (ii) the product of the principal amountmultiplied by the Percentage Change of the Reference Stock. In this case, you will lose some or all of the principal amount atmaturity. Even with any Contingent Coupon Payments, the return on the notes could be negative.·The notes will not be listed on any securities exchange.·The notes will be issued in minimum denomination of $1,000 and integral multiples of $1,000 in excess thereof. The notes are unsecured obligations of the Bank and any payments on the notes are subject to the credit risk of the Bank. Thenotes will not constitute deposits insured by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit InsuranceCorporation, or any other government agency or instrumentality of Canada, the United States or any other jurisdiction. Thenotes are not bail-inable debt securities (as defined on page 6 of the prospectus). Neither the Securities and Exchange Commission (the “SEC”) nor any state or provincial securities commission has approvedor disapproved of these notes or determined if this pricing supplement or the accompanying underlying supplement,prospectus supplement or prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Investing in the notes involves risks not associated with an investment in ordinary debt securities. See “Additional RiskFactors” beginning on page PS-8 of this pricing supplement, and “Risk Factors” beginning on page S-1 of the accompanyingunderlying supplement, page S-1 of the prospectus supplement and page 1 of the prospectus.Price to Public (Initial Issue Price)(1)Proceeds to Issuer (1)CIBC World Markets Corp. (“CIBCWM”),acting as agent for the Bank,will not receive any underwriting discount inconnection with the distribution of the notes. See “Supplemental Plan of Distribution (Conflicts of Interest)” on page PS-16 ofthis pricing supplement. The initial estimated value of the notes on the Trade Date as determined by the Bank is $944.20 per $1,000 principal amount of thenotes, which is less than the price to public. See “The Bank’s Estimated Value of the Notes” in this pricing supplement. We will deliver the notes in book-entry form through the facilities of The Depository Trust Company (“DTC”) on September 11, 2025against payment in immediately available funds. CIBC Capital Markets You should read this pricing supplement together with the prospectus dated September 5, 2023 (the “prospectus”), the prospectussupplement dated September 5, 2023 (the “prospectus supplement”) and the Stock-Linked Underlying Supplement dated September 5,2023 (the “underlying supplement”). Information in this pricing supplement supersedes information in the underlying supplement, theprospectus supplement and the prospectus to the extent it is different from that information. Certain terms used but not defined hereinwill have the meanings set forth in the underlying supplement, the prospectus supplement or the prospectus. You should rely only on the information contained in or incorporated by reference in this pricing supplement and the accompanyingunderlying supplement, the prospectus supplement and the prospectus. This pricing supplement may be used only for the purpose forwhich it has been prepared. No one is authorized to give information other than that contained in this pricing supplement and theaccompanying underlying supplement, the prospectus supplement and the prospectus, and in the documents referred to in t