A major challenge of the high-luminosity upgrade of the CERN LHC is to single out the primary interaction vertex of the hard scattering process from the expected 200 pileup interactions that will occur each bunch crossing. To meet this challenge, the upgrade of the CMS experiment comprises a complete replacement of the silicon tracker that will allow for the first time to perform the reconstruction of charged particle tracks and the primary interaction vertex at the hardware-based first level of the event trigger system (L1). Knowledge of the primary interaction vertex is a central component for distinguishing tracks and calorimeter clusters belonging to the hard scattering process from pileup interactions, which subsequently improves the e...