(b). Departure of Named Executive Officer

Effective July 1, 2021, James M. Whitehurst has decided to step down as IBM President and will no longer serve as an officer of IBM. After nearly three years since the Red Hat acquisition was announced and two years into the successful integration of Red Hat and IBM, Mr. Whitehurst will continue to work as a Senior Advisor to IBM, supporting its hybrid cloud and AI strategy.

IBM's web site (www.ibm.com) contains a significant amount of information about IBM, including financial and other information for investors (www.ibm.com/investor/). IBM encourages investors to visit its various web sites from time to time, as information is updated and new information is posted.

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IBM - International Business Machines Corporation published this content on 02 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2021 21:04:22 UTC.