• CIBC moved to list new Canadian Depositary Receipts for Honeywell Aerospace on the TSX under the symbol HONA.
• The CDRs are set to be distributed 1-for-1 to holders of Honeywell CDRs tied to Honeywell’s planned Aerospace spin-off.
• Honeywell targets the Aerospace share distribution for June 29, 2026, at a ratio of 1 Aerospace share per 2 Honeywell shares.
• Honeywell CDRs are expected to trade normally on the TSX until the last session before June 29, then trade ex-distribution.
• CIBC retains the right to cancel the planned HONA distribution if the spin-off does not proceed as outlined.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CIBC - Canadian Imperial Bank of Commerce published the original content used to generate this news brief on June 17, 2026, and is solely responsible for the information contained therein.