Yes. Neanderthals as a population don't exist anymore.
The house cat and tiger shares 95% of the same genes. If tigers disappeared, you wouldn't consider it an extinction because we have house cats around?
https://www.csmonitor.com/Science/2013/0918/House-cats-and-t...
Also, the common ancestors of humans and the common ancestors of cats became extinct a long time ago. Are you saying those "creatures" aren't extinct because humans and cats are around?
Edit: An additional example for those interested. Birds today share same genes as tyrannosaur rex.
https://www.scientificamerican.com/article/how-dinosaurs-shr...