加拿大帝国商业银行美股招股说明书(2025-09-18版)

$2,000,000 Contingent Coupon Autocallable Barrier Notes Linked to the ClassA Common Stock of Hims& Hers Health,Inc. dueSeptember22, 2027 ·The Contingent Coupon Autocallable Barrier Notes (the “notes”) will provide quarterly Contingent Coupon Payments of $90.00 per $1,000principal amount (or 9.00% of the principal amount, equivalent to 36.00% per annum) until the earlier of maturity or automatic call if,andonly if, the Closing Price of the Reference Stock on the applicable quarterly Coupon Determination Date is greater than or equal to theCoupon Barrier Price (60% of the Initial Price).·If the Closing Price of the Reference Stock on any quarterly Call Observation Date beginning on September17, 2026 is greater than orequal to the Call Price (100% of the Initial Price), we will automatically call the notes and pay you on the applicable Call Payment Date theprincipal 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 on the FinalValuation 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 ContingentCoupon Payment.b.If the Final Price is less than the Principal Barrier Price: (i)the principal amount plus (ii)the product of the principal amount multiplied by thePercentage Change of the Reference Stock. In this case, you will lose some or all of the principal amount at maturity. Even with any ContingentCoupon 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. The notes will not constitutedeposits insured by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation, or any other government agency orinstrumentality of Canada, the United States or any other jurisdiction. The notes are not bail-inable debt securities (as defined on page6 of theprospectus). Neither the Securities and Exchange Commission (the “SEC”) nor any state or provincial securities commission has approved or disapproved of thesenotes or determined if this pricing supplement or the accompanying underlying supplement, prospectus supplement or prospectus is truthful orcomplete. 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 Risk Factors” beginning onpagePS-8 of this pricing supplement, and “Risk Factors” beginning on pageS-1 of the accompanying underlying supplement, pageS-1 of theprospectus supplement and page1 of the prospectus. (1)CIBC World Markets Corp. (“CIBCWM”),acting as agent for the Bank,will not receive any underwriting discount in connection with the distribution ofthe notes. See “Supplemental Plan of Distribution (Conflicts of Interest)” on pagePS-16 of this pricing supplement. The initial estimated value of the notes on the Trade Date as determined by the Bank is $960.60 per $1,000 principal amount of the notes, which is less than theprice 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 September22, 2025 against payment inimmediately available funds. CIBC Capital Markets You should read this pricing supplement together with the prospectus dated September5, 2023 (the “prospectus”), the prospectus supplementdated September5, 2023 (the “prospectus supplement”) and the Stock-Linked Underlying Supplement dated September5, 2023 (the“underlying supplement”). Information in this pricing supplement supersedes information in the underlying supplement, the prospectussupplement and the prospectus to the extent it is different from that information. Certain terms used but not defined herein will have themeanings 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 accompanying underlyingsupplement, the prospectus supplement and the prospectus. This pricing supplement may be used only for the purpose for which it has beenprepared. No one is authorized to give information other than that contained in this pricing supplement and the accompanying underlyingsupplement, the prospectus supplement and the prospectus, and in the documents referred to in those documents and which are made availableto the public. We, CIBCWM and our other affiliates have not authorized any other person to provide yo