IBM Results Presentation Deck

Infrastructure zSystems performance fueled by new workloads and demand for zSystems in a hybrid cloud environment Distributed Infrastructure growth driven by Power and storage innovation Pre-tax margin reflects zSystems mix benefit 3022 results; revenue growth rates @CC $3.4B Revenue Revenue categories Infrastructure Support +5% yr/yr -7 pts sales to Kyndryl +23% Revenue growth (includes -9 pts from sales to Kyndryl) O Hybrid Infrastructure +41% yr/yr -11 pts sales to Kyndryl zSystems +98% Distributed Infrastructure +21% 9

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