INTERNATIONAL BUSINESS MACHINES CORPORATION

Owns50 of 76

• 한국아이비엠 (주)

  Held through a subsidiarySouth Korea

• APPTIO INDIA LLP

  Direct subsidiaryIndia

• COMPAGNIE IBM FRANCE

  Held through a subsidiaryFrance

• COMPANHIA I.B.M.PORTUGUESA S.A.

  Held through a subsidiaryPortugal

• Confluent, Inc.

  Direct subsidiaryUnited States

• CONFLUENT INDIA PRIVATE LIMITED

  Held through a subsidiaryIndia

• Dock Joined In Tech S.R.L.

  Held through a subsidiaryItaly

• GSCF Working Capital Bank Gesellschaft mit beschränkter Haftung

  Direct subsidiaryGermany

• HASHICORP (INDIA) PRIVATE LIMITED

  Direct subsidiaryIndia

• IBM Americas Holdings II, Ltd.

  Held through a subsidiaryBermuda

• IBM AP OPERATIONS B.V.

  Held through a subsidiaryNetherlands

• IBM ATLANTIC GROUP B.V.

  Held through a subsidiaryNetherlands

• IBM AUSTRALIA LTD

  Held through a subsidiaryAustralia

• IBM BELGIUM FINANCIAL SERVICES COMPANY

  Held through a subsidiaryBelgium

• IBM BRASIL-INDUSTRIA MAQUINAS E SERVICOS LIMITADA

  Held through a subsidiaryBrazil

• IBM CANADA HOLDINGS B.V.

  Held through a subsidiaryNetherlands

• IBM CANADA INVESTMENTS B.V.

  Held through a subsidiaryNetherlands

• IBM CANADA LIMITED

  Held through a subsidiaryCanada

• IBM CREDIT LLC

  Direct subsidiaryUnited States

• IBM DANMARK ApS

  Held through a subsidiaryDenmark

• IBM Deutschland GmbH

  Held through a subsidiaryGermany

• IBM FRANCE FINANCEMENT

  Direct subsidiaryFrance

• IBM GF INTERNATIONAL HOLDINGS LLC

  Held through a subsidiaryUnited States

• IBM GF INTERNATIONAL TREASURY COMPANY DESIGNATED ACTIVITY COMPANY

  Held through a subsidiaryIreland

• IBM Global Financing Deutschland GmbH

  Direct subsidiaryGermany

• IBM GLOBAL FINANCING ESPAÑA SL

  Held through a subsidiarySpain

• IBM GLOBAL FINANCING INVESTMENTS I B.V.

  Held through a subsidiaryNetherlands

• IBM GLOBAL SERVICES ESPAÑA, S.A.

  Held through a subsidiarySpain

• IBM GROWTH MARKETS LLC

  Held through a subsidiaryUnited States

• IBM INDIA PRIVATE LIMITED

  Held through a subsidiaryIndia

• IBM-INTERNATIONAL BUSINESS MACHINES D.O.O. BEOGRAD

  Held through a subsidiarySerbia

• IBM INTERNATIONAL CAPITAL PTE. LTD.

  Direct subsidiarySingapore

• IBM INTERNATIONAL GROUP B.V.

  Direct subsidiaryNetherlands

• IBM International L.P.

  Held through a subsidiaryCanada

• IBM Ireland Limited

  Direct subsidiaryIreland

• IBM IRELAND PRODUCT DISTRIBUTION LIMITED

  Direct subsidiaryIreland

• IBM ITALIA S.P.A.

  Held through a subsidiaryItaly

• IBM JAPAN HOLDINGS, LLC

  Held through a subsidiaryUnited States

• IBM JF LLC

  Held through a subsidiaryUnited States

• IBM LUXEMBOURG S.à r.l.

  Held through a subsidiaryLuxembourg

• IBM Magyarországi Korlátolt Felelősségű Társaság

  Direct subsidiaryHungary

• IBM Nederland B.V.

  Held through a subsidiaryNetherlands

• IBM NORGE AS

  Held through a subsidiaryNorway

• IBM ÖSTERREICH INTERNATIONALE BÜROMASCHINEN GESELLSCHAFT M.B.H.

  Held through a subsidiaryAustria

• IBM PENSIONSKASSE AKTIENGESELLSCHAFT

  Held through a subsidiaryAustria

• IBM POLSKA BUSINESS SERVICES SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ

  Held through a subsidiaryPoland

• IBM POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ

  Held through a subsidiaryPoland

• IBM ROMANIA S.R.L.

  Direct subsidiaryRomania

• IBM SCHWEIZ AG

  Held through a subsidiarySwitzerland

• IBM SINGAPORE PTE LTD

  Held through a subsidiarySingapore

Why no parent is reported

No direct parent reportedNo ultimate parent reported

No parent prepares consolidated accounts including it