<SEC-DOCUMENT>0001104659-25-107635.txt : 20251106
<SEC-HEADER>0001104659-25-107635.hdr.sgml : 20251106
<ACCEPTANCE-DATETIME>20251106141841
ACCESSION NUMBER:		0001104659-25-107635
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20251106
DATE AS OF CHANGE:		20251106

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANADIAN IMPERIAL BANK OF COMMERCE /CAN/
		CENTRAL INDEX KEY:			0001045520
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-272447
		FILM NUMBER:		251457470

	BUSINESS ADDRESS:	
		STREET 1:		81 BAY STREET
		STREET 2:		CIBC SQUARE
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 0E7
		BUSINESS PHONE:		4169803096

	MAIL ADDRESS:	
		STREET 1:		81 BAY STREET
		STREET 2:		CIBC SQUARE
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 0E7

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANADIAN IMPERIAL BANK OF COMMERCE /CAN/
		CENTRAL INDEX KEY:			0001045520
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		81 BAY STREET
		STREET 2:		CIBC SQUARE
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 0E7
		BUSINESS PHONE:		4169803096

	MAIL ADDRESS:	
		STREET 1:		81 BAY STREET
		STREET 2:		CIBC SQUARE
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 0E7
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>tm2530021d20_fwp.htm
<DESCRIPTION>FWP
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Filed Pursuant to Rule&nbsp;433<BR>
Registration No.&nbsp;333-272447</B></P>

<P STYLE="font: 2pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; width: 70%; padding-left: 8pt; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt; color: #bb0826">Canadian Imperial Bank of Commerce</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><BR>
<FONT STYLE="color: #bb0826">Market Linked Securities</FONT></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.25in; vertical-align: middle; width: 30%; font-size: 12pt; text-align: right"><IMG SRC="tm2530021d20_fwp-img01.jpg" ALT=""></TD></TR>
  <TR STYLE="vertical-align: top; background-color: gray">
    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 8pt; padding-left: 8pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: white"><B>Market Linked Securities&mdash;Auto-Callable with
    Contingent Coupon with Memory Feature and Contingent Downside</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: white"><B>Principal at Risk Securities Linked to the Lowest
    Performing of the Common Stock of Target Corporation, the Common Stock of Chipotle Mexican Grill,&nbsp;Inc., and the Class&nbsp;B Common
    Stock of NIKE,&nbsp;Inc. due November&nbsp;29, 2028</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: white"><B>Term Sheet to Preliminary Pricing Supplement dated
    November&nbsp;6, 2025</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<DIV STYLE="float: left; width: 48%">

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; color: gray">Summary of Terms</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; width: 25%; border: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Issuer</FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-right: Black 1pt solid; border-bottom: gray 1pt solid; vertical-align: bottom; font-size: 7pt; padding: 1.5pt 5pt; width: 75%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Canadian
    Imperial Bank of Commerce (&ldquo;CIBC&rdquo;)</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Market
    Measure</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">The
    lowest performing of the common stock of Target Corporation. (Bloomberg ticker symbol &ldquo;TGT&rdquo;) (the &ldquo;TGT&rdquo;),
    the common stock of Chipotle Mexican Grill,&nbsp;Inc. (Bloomberg ticker symbol &ldquo;CMG&rdquo;) (the &ldquo;CMG&rdquo;), and the
    Class&nbsp;B common stock of NIKE,&nbsp;Inc. (Bloomberg ticker symbol &ldquo;NKE&rdquo;) (the &ldquo;NKE&rdquo;) (each, an &ldquo;Underlying
    Stock&rdquo; and together, the &ldquo;Underlying Stocks&rdquo;)</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Face
    Amount (Original Offering Price)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">The
    principal amount of $1,000 per security</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Pricing
    Date*</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">November&nbsp;24,
    2025</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Issue
    Date*</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">November&nbsp;28,
    2025</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Final
    Calculation Day*</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">November&nbsp;24,
    2028</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Stated
    Maturity Date*</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">November&nbsp;29,
    2028</FONT></TD></TR>
  <TR STYLE="font-size: 7pt; vertical-align: top">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Contingent
    Coupon Payments (with Memory Feature)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; text-align: justify; font-size: 7pt; vertical-align: bottom"><P STYLE="text-align: justify; font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 7pt">On
    each Coupon Payment Date, unless the securities have been automatically called, you will receive a Contingent Coupon Payment at a
    per annum rate equal to the Contingent Coupon Rate if, and only if, the Stock Closing Price of the Lowest Performing Stock on the
    related Coupon Determination Date is greater than or equal to its Coupon Threshold Price. In addition, if the Stock Closing Price
    of the Lowest Performing Stock on one or more Coupon Determination Dates is less than its Coupon Threshold Price and, on a subsequent
    Coupon Determination Date, the Stock Closing Price of the Lowest Performing Stock on that subsequent Coupon Determination Date is
    greater than or equal to its Coupon Threshold Price, on the Coupon Payment Date related to that subsequent Coupon Determination Date,
    you will receive the Contingent Coupon Payment due for that subsequent Coupon Determination Date plus all previously unpaid Contingent
    Coupon Payments (without interest on amounts previously unpaid).</FONT></P>
    <P STYLE="text-align: justify; font: 7pt Times New Roman, Times, Serif; margin: 2pt 0 0pt"><FONT STYLE="font-size: 7pt">Each
    quarterly Contingent Coupon Payment, if any, will be calculated per security as follows: ($1,000 &times; Contingent Coupon Rate)
    / 4</FONT></P></TD></TR>
  <TR STYLE="font-size: 7pt; vertical-align: top">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Contingent
    Coupon Rate</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">At
    least 23.00% per annum, to be determined on the Pricing Date</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Coupon
    Determination Dates*</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; font-size: 7pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Quarterly,
    on the 24th of each February, May, August&nbsp;and November, commencing February&nbsp;2026 and ending on the Final Calculation Day,
    each subject to postponement</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Coupon
    Payment Dates</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; font-size: 7pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Quarterly,
    on the third Business Day following each Coupon Determination Date, provided that the Coupon Payment Date with respect to the Final
    Calculation Day will be the Stated Maturity Date</FONT></TD></TR>
  <TR STYLE="font-size: 7pt; vertical-align: top">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Automatic
    Call</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">If
    the Stock Closing Price of the Lowest Performing Stock on any Call Observation Date is greater than or equal to its Starting Price,
    the securities will be automatically called, and on the related Call Payment Date, you will receive a cash payment per security equal
    to the face amount plus a final Contingent Coupon Payment and any previously unpaid Contingent Coupon Payments otherwise due.</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Call
    Observation Dates*</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; font-size: 7pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Quarterly,
    the Coupon Determination Dates beginning November&nbsp;2026 and ending August&nbsp;2028 (together with the Coupon Determination Dates,
    the &ldquo;Calculation Days&rdquo;)</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Call
    Payment Dates</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; font-size: 7pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">The
    third Business Day following the applicable Call Observation Date</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Maturity
    Payment Amount (per security)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; text-align: justify; font-size: 7pt; vertical-align: bottom"><P STYLE="font: 7pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 7pt; text-indent: -6pt"><FONT STYLE="font-family: Symbol; font-size: 7pt">&middot;</FONT>&#8239;&#8239;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">if
the Ending Price of the Lowest Performing Stock on the Final Calculation Day is greater than or equal to its Downside Threshold Price:</FONT></P>
                                                                                                                                                              <P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0 0 0pt 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,000; or</FONT></P>
    <P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 2pt 0 0pt 7pt; text-align: justify; text-indent: -6pt"><FONT STYLE="font-family: Symbol; font-size: 7pt">&middot;</FONT>&#8239;&#8239;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">if
the Ending Price of the Lowest Performing Stock on the Final Calculation Day is less than its Downside Threshold Price:</FONT></P>
    <P STYLE="font: 7pt Times New Roman, Times, Serif; text-align: justify; margin: 0 0 0pt 7pt"><FONT STYLE="font-size: 7pt">$1,000
    &times; Performance Factor of the Lowest Performing Stock on the Final Calculation Day</FONT></P></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; vertical-align: top; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Lowest
    Performing Stock</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; font-size: 7pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">For
    any Calculation Day, the Underlying Stock with the lowest Performance Factor on such Calculation Day.</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; vertical-align: top; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Performance
    Factor:</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; font-size: 7pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">For
    an Underlying Stock on any Calculation Day, its Stock Closing Price on such Calculation Day <I>divided</I> by its Starting Price
    (expressed as a percentage).</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD STYLE="text-align: left; font-size: 7pt; padding: 1.5pt 5pt; border-right: gray 1pt solid; border-bottom: gray 1pt solid; border-left: gray 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Starting
    Price</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: gray 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; font-size: 7pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">For
    each Underlying Stock, its Stock Closing Price on the Pricing Date</FONT></TD></TR>
  <TR STYLE="font-size: 7pt">
    <TD COLSPAN="2" STYLE="font-size: 7pt; padding: 1.5pt 5pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">*Subject
    to change</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<DIV STYLE="float: right; width: 48%">

<P STYLE="font: 12pt Times New Roman, Times, Serif; color: #8f8f8f; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">Summary
of Terms (Continued)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; width: 25%; border: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Ending Price</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; width: 75%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">For each Underlying Stock, its Stock Closing Price on the Final Calculation Day</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Coupon Threshold Price</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">For each Underlying Stock, 75% of its Starting Price</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Downside Threshold Price</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">For each Underlying Stock, 75% of its Starting Price</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Calculation Agent</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">CIBC</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Denominations</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">$1,000 and integral multiples of $1,000 in excess thereof</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Agent&rsquo;s Underwriting Discount and Other Fees</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Up to 2.575%; dealers, including those using the trade name Wells Fargo Advisors (&ldquo;WFA&rdquo;), may receive a selling concession of up to 2.00% and WFA will receive a distribution expense fee of 0.075%. In addition, in respect of certain securities sold in this offering, the Issuer may pay a fee of up to 0.30% per security to selected securities dealers in consideration for marketing and other services in connection with the distribution of the securities to other securities dealers.</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">CUSIP / ISIN</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">13609FCE2 / US13609FCE25</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; padding: 1.5pt 5pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Material Tax Consequences:</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1.5pt 5pt; vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">See the preliminary pricing supplement.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: gray; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">Hypothetical
Payout Profile (Maturity Payment Amount)</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="tm2530021d20_fwp-img02.jpg" ALT=""></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>If
the securities are not automatically called prior to maturity and the Ending Price of the Lowest Performing Stock on the Final Calculation
Day is less than its Downside Threshold Price, you will have full downside exposure to the decrease in the price of the Lowest Performing
Stock from its Starting Price and will lose more than 25%, and possibly all, of the face amount of your securities at maturity.</B></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>Any
positive return on the securities will be limited to the sum of your Contingent Coupon Payments, if any. You will not participate in
any appreciation of any Underlying Stock, but you will have full downside exposure to the Lowest Performing Stock on the Final Calculation
Day if the securities are not automatically called and the Ending Price of that Underlying Stock is less than its Downside Threshold
Price.</B></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; color: gray; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">The
Issuer&rsquo;s estimated value of the securities on the Pricing Date, <FONT STYLE="background-color: white">based on the Issuer&rsquo;s
internal pricing models, is expected to be at least $900.00 per security but less than the original offering price</FONT>. The estimated
value of the securities is not an indication of actual profit to the Issuer or to any of the Issuer&rsquo;s affiliates, nor is it an
indication of the price, if any, at which Wells Fargo Securities, LLC (&ldquo;Wells Fargo Securities&rdquo;) or any other person may
be willing to buy the securities from you at any time after issuance. See &ldquo;The Estimated Value of the Securities&rdquo; in the
accompanying preliminary pricing supplement.</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">Preliminary
Pricing Supplement:</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/1045520/000110465925107615/tm2530021d19_424b2.htm" STYLE="-sec-extract: exhibit">https://www.sec.gov/Archives/edgar/data/1045520/000110465925107615/tm2530021d19_424b2.htm</A></P>

</DIV>

<DIV STYLE="clear: both">

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</DIV>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>The securities have complex features and investing
in the securities involves risks not associated with an investment in conventional debt securities. See &ldquo;Selected Risk Considerations&rdquo;
in this term sheet and beginning on page&nbsp;PRS-9 of the accompanying preliminary pricing supplement, and &ldquo;Risk Factors&rdquo;
beginning on page&nbsp;S-1 of the underlying supplement, page&nbsp;S-1 of the prospectus supplement and page&nbsp;1 of the prospectus.</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 2pt 0 0pt; text-align: justify; color: #bb0826"><B>This introductory term sheet
does not provide all of the information that an investor should consider prior to making an investment decision.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 2pt 0 0pt; text-align: justify; color: gray"><FONT STYLE="font-size: 7pt"><B>Investors
should carefully review the accompanying preliminary pricing supplement, product supplement, underlying supplement, prospectus supplement
and prospectus before making a decision to invest in the securities. If the terms described in the preliminary pricing supplement are
inconsistent with those described herein, the terms described in the preliminary pricing supplement will control</B></FONT><B><FONT STYLE="font-size: 8pt">.</FONT></B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 2pt 0 0pt; text-align: justify"><B>NOT A BANK DEPOSIT AND NOT INSURED BY THE CANADA
DEPOSIT INSURANCE CORPORATION, THE U.S. FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; color: gray">Selected Risk Considerations</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The risks set forth below are discussed in detail
in the &ldquo;Selected Risk Considerations&rdquo; in the accompanying preliminary pricing supplement, and the &ldquo;Risk Factors&rdquo;
in the accompanying underlying supplement, prospectus supplement and prospectus. Please review those risk disclosures carefully.</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<DIV STYLE="float: left; width: 48%">

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>Risks Relating To The Structure Of The Securities</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">If The Securities Are Not Automatically Called
Prior To Maturity, You May&nbsp;Lose A Significant Portion Or All Of The Face Amount Of Your Securities At Maturity.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Securities Do Not Provide For Fixed Payments
Of Interest And You May&nbsp;Receive No Coupon Payments On One Or More Coupon Payment Dates, Or Even Throughout The Entire Term Of The
Securities.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">You May&nbsp;Be Fully Exposed To The Decline
In The Lowest Performing Stock On The Final Calculation Day From Its Starting Price, But Will Not Participate In Any Positive Performance
Of Any Underlying Stock, And Your Maximum Possible Return On The Securities Will Be Limited To The Sum Of Any Contingent Coupon Payments.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Securities Are Subject To The Full Risks
Of Each Underlying Stock And Will Be Negatively Affected If Any Underlying Stock Performs Poorly, Even If The Other Underlying Stocks
Perform Favorably.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Your Return On The Securities Will Depend Solely
On The Performance Of The Lowest Performing Stock On Each Calculation Day, And You Will Not Benefit In Any Way From The Performance Of
The Better Performing Underlying Stocks.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">You Will Be Subject To Risks Resulting From The
Relationship Among The Underlying Stocks.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Higher Contingent Coupon Rates Are Associated
With Greater Risk.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">You Will Be Subject To Reinvestment Risk.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">A Coupon Payment Date, A Call Payment Date And
The Stated Maturity Date May&nbsp;Be Postponed If A Calculation Day Is Postponed.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 3pt 0 0pt; text-align: justify"><U>Risk Relating To The Credit Risk Of CIBC</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Securities Are Subject To The Credit Risk
Of Canadian Imperial Bank of Commerce.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 3pt 0 0pt; text-align: justify"><U>Risks Relating To The Estimated Value Of The
Securities And Any Secondary Market</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our Estimated Value Of The Securities Will Be
Lower Than The Original Offering Price Of The Securities.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our Estimated Value Does Not Represent Future
Values Of The Securities And May&nbsp;Differ From Others&rsquo; Estimates.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our Estimated Value Is Not Determined By Reference
To Credit Spreads For Our Conventional Fixed-Rate Debt.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Estimated Value Of The Securities Will Not
Be An Indication Of The Price,&nbsp;If Any, At Which Wells Fargo Securities Or Any Other Person May&nbsp;Be Willing To Buy The Securities
From You In The Secondary Market.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Value Of The Securities Prior To Maturity
Or Automatic Call Will Be Affected By Numerous Factors, Some Of Which Are Related In Complex Ways.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Securities Will Not Be Listed On Any Securities Exchange And We Do Not
Expect A Trading Market For The Securities To Develop.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<DIV STYLE="float: right; width: 48%">

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>Risks Relating To The Underlying Stocks</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Securities Will Be Subject To Single Stock
Risk.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">You Have Limited Anti-dilution Protection.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Securities May&nbsp;Become Linked To The
Common Stock Of A Company Other Than An Original Underlying Stock Issuer.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 3pt 0 0pt; text-align: justify"><U>Risks Relating To Conflicts Of Interest</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We Or One Of Our Affiliates Will Be The Calculation
Agent And, As A Result, Potential Conflicts Of Interest Could Arise.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our Economic Interests And Those Of Any Dealer
Participating In The Offering Of Securities Will Potentially Be Adverse To Your Interests.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 3pt 0 0pt; text-align: justify"><U>Risks Relating To Tax</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The U.S. Federal Tax Consequences Of An Investment
In The Securities Are Unclear.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 3pt; width: 0.25in"></TD><TD STYLE="padding-top: 3pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt">&middot;</FONT></TD><TD STYLE="padding-top: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">There Can Be No Assurance That The Canadian Federal
Income Tax Consequences Of An Investment In The Securities Will Not Change In The Future.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</DIV>

<DIV STYLE="clear: both">

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</DIV>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: gray">The Issuer has filed a registration
statement (including a prospectus, a prospectus supplement, an underlying supplement and a product supplement) with the Securities and
Exchange Commission (the &ldquo;SEC&rdquo;) for the offering to which this communication relates. Before you invest, you should read the
prospectus, the prospectus supplement, the underlying supplement and the product supplement in that registration statement and other documents
the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free
by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, any agent or any dealer participating in the offering will arrange
to send you the prospectus, the prospectus supplement, the underlying supplement and the product supplement if you request them by calling
your financial advisor or by calling Wells Fargo Securities at 866-346-7732.</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: gray">Wells Fargo Advisors is a trade name
used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, members SIPC, separate registered broker-dealers
and non-bank affiliates of Wells Fargo&nbsp;&amp; Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection Last; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>tm2530021d20_fwp-img01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2530021d20_fwp-img01.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  G )\# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#V/Q-XIL/"
M]B)[LEY7XB@4_,Y_H/>O)M2^*7B*]D;[-)%91$_*L2!B/J6SG]*R_&^L2ZSX
MKO978F.*0PQ+V"J<?KR?QKN_AYX$L'TJ+6-5@2YEG&Z&*091%[$CN3U^E8-N
M3LCZNGAL-@<.JU>/-)_U9=/5G&0_$7Q5#('.ILX'\+Q(0?TKUSP;K>IZ[X?^
MW:C:) Q)$;ID"4#^+!Z<UHW7AK1+R#R9]*M&3H,1!2/H1R*OB*."U$42*D:)
MM55&  !P!5QBT]6>7C,9AZ\$J=+E=]]/T/#7^)WBA9&7[9%@''^H3_"O<DD8
MV:R$_,8]V??%?+DO^O?_ 'C7U!'_ ,@]/^N0_E4TVW>YVYU0I4E3]G%*]]OD
M>'O\3O%"NR_;(N#C_4)_A2GXF>*TP6N8\>]NO/Z5QTO^N;_>KZ47^SFT2(7W
MV4P>0N_S=NW&T=<U,;RZG?CGAL)R_N5*_D><Z!\6[@W20:W;Q&%SCSX05*>Y
M'.1]*]91E=%="&5AD$=Q7S#J2VS:Q=+IX+6QG<0 9)*;CM]^F*^@EN9- \#Q
MW%SDS6EBNX'NX0#'YU<)-WN>;FV#I0=.5%6<NGW?YV,CQA\0;3PVYL[:,76H
M8R5SA(_][W]OY5YK=?$GQ1<R;EOQ /[L42@?J":YIWN=3U LQ::YN9.IZLS'
M_$U[SX<\!Z/HEA$)K2&ZO=H,LTR!_F]%!Z"I3E-Z'94I8/+:<?:1YI/^NNR/
M+[#XE>*;>=0UTMUEA^[EB!S[< &O<-.FNKC3K>:\MQ;7+H&DA#;MA],U6;PY
MHS7L-Y_9EJMQ"VY)$C"D'UXZ_C6G6D8M;L\3'8JA7Y?94^7O_2"O$_BCX[>]
MNWT/2K@K:PDBYEC;'FO_ '<C^$?J?I74_$[QO_85@=)L)/\ B8W*_.RGF%#W
M^I[?GZ5X, 6; R2:LWR_"W_>S^7^9<TRWNKZ]CL[2&2>:0X6-!DFIP7AE!!9
M)$/!'!!%>U_#3P2/#VG#4KZ(?VG<KT(YA0_P_4]_RK"^)W@WR'?7]/B_=N?]
M*C4?=/\ ?^A[^_/>L9QZH]G"9G"5;V#VZ/S[?Y&Y\./&9UFT_LK4)<W\*_([
M'F9/\1^HY]:[^OENSO)["\BN[:1HYHF#HR]B*^A?"/B>#Q/HZ7*X2YCPMQ$/
MX6]1['M_]:G"5]&>9F^7^QE[:FO=>_D_\F?/$ZRQW4B3Y\U7(?)R<YYKZ3\.
MO%)X:TQH,>6;6/;@?[(KQ+X@Z#+HOBBX?8?LUVQGB;'')R1^!_I6_P" _B';
MZ38KI6K[Q;QD^3.J[MH)^ZPZX]ZF#Y79GI9E2EC,+"I1UMK;U7Z'L--D_P!6
MWT-<K=?$CPO;0&1-0,[ <1Q1-N/Y@#]:W]/U*UU?2H[ZSD$D$J9![CU!]"*V
MNF?*SP]6FE*<6EYH^9)?]>_^\:^H(_\ D'I_UR'\J^7Y?]>_^\:^H(_^0>G_
M %R'\JRI=3Z//]J?S_0^7Y?]<_U-=4WPZ\4FU6=;(2(5W +,I.,>F:Y67_7-
M_O5]!0^-/#=KID)DU>VRD2@JC;FSCT'-1%)[GHYAB:]!0]C'FOY-]NQXSX<U
MA/"^M>=>:5'<21M@K,"'B(/.WL#]1^5>M^+[^'6/AI>7UBQ>&:)''J!O7(/T
MYS]*\<\4:G!K/B:_U"V5EAFDRFX8)  &?QQFO7/ ^DM=?#1;&[4JEVDNW/96
M)P?ZU4.L3CS*,(JEBIJTDU=?B_N/)?"3QIXMTEI2 @NH\Y_WA7TE7S!?V-UH
M^IRVEPICN('P<>HZ$?S%>O>'/BCI5U81Q:S*;6\1<.^PLDGN,9Q]**<DM&1G
M.%J5^2K27,K=/ON>@TUPQC8(0'P=I(R :Y.?XE>&8KF&%+QIO,<*72,A8P>Y
M)QQ],UUJL&4,I!!&01WK9-/8^9J4*M*SJ1:OW/EOQ3:ZI9^)+V/6"S7ID+.Y
MZ/GHP]L=*O> ;O2;+Q?9S:PFZ -B-R?ECD_A9O8'\NO:O9?B%X,3Q3I/G6R@
M:G; F%O^>@[H?Z>_U-?.TD;PRM'(I1T)5E88((Z@T'T&'JQQ-%QV>S/KL$$9
M!R*K:C/:6VG7$U\4%HL9,N\9&WN".]><?"OQO_:%NF@:C+FZB7_1I&/,B#^$
M^X_E]*P_B1XR_MB\.DV,G^@V[?.ZGB9Q_0=OS]*4I61YN'RZI4Q'LMDM6_+^
MMO\ @'$7[VTFH7#V4;QVS2,8D<Y*KG@$UUWPRM-8F\0M-IL@BACC(N'<90@C
M@$=SG!_"N6TG2KK6M3@L+.,O+*V/91W)]A7T3X>T&U\.Z1%86HSMYDD(YD?N
MQ_STK&$;NY]%FN,C0H^R6LI+KKIW?];DNLZ)8:]8-9ZA")(SR".&0^H/8UYC
MJ7P>O$D=M-U&&6/^%9P5;\P"#^E%%;.*>Y\MAL?7PVE.6G;=%*#X1:\\F)KF
MRC3^\'9OTVUZ/X2\)KX6TZ6W%[+</,=S[N$4XQ\J]O\ ]5%%)02-,3F6(Q$>
M2;T\D<"WP?U5G+?VC9\G/1O\*]=6,K;"+(R$VY_"BBFHI;&6)QM;$V]J]O(\
MB?X/ZJSEO[2L^3GHW^% ^#NIY^;4[,#U 8_THHJ?9Q.O^V<7W7W(V]%^$EC:
M3+-JEXUX5.1$B[$/U.<G]*]%1%CC6-%"HH 50,  =J**M12V.'$8JMB'>K*Y
MS_B?P9IGBB,-<!H;I1A+B,?-CT([BO.;KX0:S&_^BWMG,OJQ9#^6#_.BBI<$
MS?#YEB</'EA+3L]1]E\']5D<?;+^U@3//E[G./R'\Z]8TC34T?2K>PCFEF2!
M=H>4Y8BBBFHI;$XK'U\2DJCT7D7:\F^*?@4SE_$.F1J' S=QY"Y_VQGOZC_Z
M]%%48X:K*G53B>26J.DBRABI7E2IP<U<AA>XF2&,;I'8*HSC)-%%<TG=GZ!3
M2A2NNUSWCP%X/3PWIOGW*JVHW S(>#Y:]E!_G[_2NPHHKH2LK'Y[7K3K5'4F
$]6?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>tm2530021d20_fwp-img02.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2530021d20_fwp-img02.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" #H 7P# 2(  A$! Q$!_\0
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%-=]@X5F.<!5ZTPQF95\W('=%;@_6@!7EPP5$+
ML>>.@'N:#$&DWNS-@Y5<\"I    !@#M10 4444 ;B_='TI:1?NCZ4M PHHJA
M?:S8Z=.L-U-L<Q--C!/RKC)_4?6@"_39?]4_^Z:R[?Q)IMU</;QROYT:DNA0
M@J0<%?\ >!(X]ZTY3^Y?/'RF@#G;#_D'6W_7,58JOI__ "#K;_KF*S++7)+K
M5)[5%AFB25D!20>8,'!.WGY1ZG!]J!&W1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !12,P498@
M#U-,W2&3 CP@/+,>OT% #RP7KUQG'<U&OF2JVX&('I@_-_\ 6IR0HC%@"7/5
MF.33Z &QQI$NU!@=3ZGZTZBB@ HHHH **** -Q?NCZ4M(OW1]*6@85AZEX6L
M=4OC=S27 =HV0JLIVG(7G'3(VBMRB@##;PQ9O9RP&23S)=[/,  [.S;BW3U[
M=,5HBQACTM;-P9HHXPG[WYBV!WJW39?]4_\ NF@#F[!0=,MEZ#R@..,<5A::
MS+XKN(2C8_>E7,C<CY>-IX_&MZP.--MB>@B!-<SH<L+>*[@V]S#/#,LDB.DZ
MNS#(Y..?\*!'74444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%,:3[P0!W7JH/3ZT /Z#)X%1M(S >2H?=_$3
M\HH\HR(!/M8@YP.G_P!>I* &>4ID$C#<X'&>@^@I]%% !1110 4444 %%%%
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M(YKFO^$/FX_XJ;7#_P!O'6C_ (0^;_H9M;Z_\_%'+'^8+OL=1@^E&#Z5R_\
MPA\W_0S:W_X$4?\ "'S<_P#%3:WS_P!/'2CEC_,%WV.HP?2C!]*Y?_A#YN?^
M*FUO_P "*/\ A#YO^AFUOI_S\4<L?Y@N^QU&#Z48/I7+_P#"'S<?\5-K?_@1
MUH_X0^;C_BIM;_\  CK1RQ_F"[['48/I1@^E<O\ \(?-_P!#-K?7_GXH_P"$
M/FY_XJ;6_P#P(HY8_P P7?8ZC!]*,'TKE_\ A#YN?^*FUO\ \".E'_"'S?\
M0S:WT_Y^*.6/\P7?8ZC!]*,'TKE_^$/FX_XJ;6__  (H_P"$/FX_XJ;6^/\
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M@]0>XH N  # & .PIJDF1QV&,4ZFJ29''88Q0 ZBBB@ HHHH **** "BBB@
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M*,C.,C/7%% !111U.,C/IF@ HHHH **3<.?F''7GI2T %%%% !1110 4444
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MGS%ZXP<TZFG/F+UQ@YH =1110 4444 %-7/F/G..,4ZFKGS'SG'&* '4444
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MMY!V-GG.*L#1];*!97:6%E8&W-Z?E<J 6+$?.I.[Y#TS0!UZ3I(BNGS*PRK
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M/!+M#O\ =?\ W?;_ !JI2<M6Q));!_8@_P"?^\_[Z7_"C^Q!_P _]Y_WTO\
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M#:V+7UWYL^Z!&:W1,,O./3J1R>O>@#<_L)/^?Z[_ .^E_P#B:/["3_G^N_\
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B9.6.YBQW<8XR0._)HHH VJ*** "BBB@ HHHH **** /_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
