| Company Name | State or country of incorporation or organization | Voting percent owned directly or indirectly by registrant | ||||||||||||
| IBM Argentina Sociedad de Responsabilidad Limitada | Argentina | 100 | ||||||||||||
| IBM Australia Limited | Australia | 100 | ||||||||||||
| IBM Global Financing Australia Limited | Australia | 100 | ||||||||||||
| IBM Oesterreich Internationale Bueromaschinen Gesellschaft m.b.H. | Austria | 100 | ||||||||||||
| Red Hat Austria GmbH | Austria | 100 | ||||||||||||
| IBM Bahamas Limited | Bahamas | 100 | ||||||||||||
| IBM Belgium Financial Services Company BV/SRL | Belgium | 100 | ||||||||||||
| International Business Machines of Belgium BV/SRL | Belgium | 100 | ||||||||||||
| WTC Insurance Corporation, Ltd. | Bermuda | 100 | ||||||||||||
| IBM Brasil—Industria, Maquinas e Servicos Limitada | Brazil | 100 | ||||||||||||
| Banco IBM S.A. | Brazil | 100 | ||||||||||||
| IBM Bulgaria Ltd. | Bulgaria | 100 | ||||||||||||
| IBM Canada Limited—IBM Canada Limitee | Canada | 100 | ||||||||||||
| IBM Global Financing Canada Corporation | Canada | 100 | ||||||||||||
| IBM de Chile S.A.C. | Chile | 100 | ||||||||||||
| IBM Global Financing de Chile SpA | Chile | 100 | ||||||||||||
| IBM (China) Investment Company Limited | China (P.R.C.) | 100 | ||||||||||||
| IBM (China) Co., Ltd. | China (P.R.C.) | 100 | ||||||||||||
| IBM de Colombia S.A.S. | Colombia | 100 | ||||||||||||
| IBM Business Transformation Center, S.r.l. | Costa Rica | 100 | ||||||||||||
| IBM Croatia Ltd./IBM Hrvatska d.o.o. | Croatia | 100 | ||||||||||||
| IBM Ceska Republika spol. s.r.o. | Czech Republic | 100 | ||||||||||||
| IBM Danmark ApS | Denmark | 100 | ||||||||||||
| IBM Global Financing Danmark ApS | Denmark | 100 | ||||||||||||
| Red Hat APS | Denmark | 100 | ||||||||||||
| IBM del Ecuador, C.A. | Ecuador | 100 | ||||||||||||
| IBM Egypt Business Support Services | Egypt | 100 | ||||||||||||
| IBM Eesti Osauhing (IBM Estonia Ou) | Estonia | 100 | ||||||||||||
| Oy IBM Finland AB | Finland | 100 | ||||||||||||
| Compagnie IBM France, S.A.S. | France | 100 | ||||||||||||
| IBM France Financement, SAS | France | 100 | ||||||||||||
| RED HAT FRANCE | France | 100 | ||||||||||||
| IBM Deutschland GmbH | Germany | 100 | ||||||||||||
| IBM Global Financing Deutschland GmbH | Germany | 100 | ||||||||||||
| Red Hat GmbH | Germany | 100 | ||||||||||||
| IBM Hellas Information Handling Systems S.A. | Greece | 100 | ||||||||||||
| IBM China/Hong Kong Limited | Hong Kong | 100 | ||||||||||||
| IBM Magyarorszagi Kft. | Hungary | 100 | ||||||||||||
| IBM India Private Limited | India | 100 | ||||||||||||
| PT IBM Indonesia | Indonesia | 100 | ||||||||||||
| IBM Ireland Limited | Ireland | 100 | ||||||||||||
| Company Name | State or country of incorporation or organization | Voting percent owned directly or indirectly by registrant | ||||||||||||
| IBM Ireland Product Distribution Limited | Ireland | 100 | ||||||||||||
| RED HAT LIMITED | Ireland | 100 | ||||||||||||
| IBM Israel Ltd. | Israel | 100 | ||||||||||||
| IBM Capital Italia S.r.l. | Italy | 100 | ||||||||||||
| IBM Italia Servizi Finanziari S.r.l. | Italy | 100 | ||||||||||||
| IBM Italia S.p.A. | Italy | 100 | ||||||||||||
| IBM Japan Credit LLC | Japan | 100 | ||||||||||||
| IBM Japan, Ltd. | Japan | 100 | ||||||||||||
| IBM East Africa Limited | Kenya | 100 | ||||||||||||
| IBM Korea, Inc. | Korea (South) | 100 | ||||||||||||
| "IBM Latvija" SIA | Latvia | 100 | ||||||||||||
| UAB “IBM Lietuva” | Lithuania | 100 | ||||||||||||
| IBM Luxembourg Sarl | Luxembourg | 100 | ||||||||||||
| IBM CAPITAL MALAYSIA SDN. BHD. | Malaysia | 100 | ||||||||||||
| IBM Malaysia Sdn. Bhd. | Malaysia | 100 | ||||||||||||
| IBM Malta Limited | Malta | 100 | ||||||||||||
| International Business Machines (Mauritius) Limited | Mauritius | 100 | ||||||||||||
| IBM de Mexico, Comercializacion y Servicios S. de R.L. de C.V. | Mexico | 100 | ||||||||||||
| IBM Maroc | Morocco | 100 | ||||||||||||
| IBM International Group B.V. | Netherlands | 100 | ||||||||||||
| IBM Nederland B.V. | Netherlands | 100 | ||||||||||||
| IBM New Zealand Limited | New Zealand | 100 | ||||||||||||
| RED HAT NEW ZEALAND LIMITED | New Zealand | 100 | ||||||||||||
| International Business Machines West Africa Limited | Nigeria | 100 | ||||||||||||
IBM Norge AS | Norway | 100 | ||||||||||||
| IBM Capital Peru S.A.C. | Peru | 100 | ||||||||||||
| IBM del Peru, S.A.C. | Peru | 100 | ||||||||||||
| IBM Philippines, Incorporated | Philippines | 100 | ||||||||||||
| IBM Polska Sp. z.o.o. | Poland | 100 | ||||||||||||
| Companhia IBM Portuguesa, S.A. | Portugal | 100 | ||||||||||||
| IBM Qatar LLC | Qatar | 100 | ||||||||||||
| IBM Romania Srl | Romania | 100 | ||||||||||||
| IBM Middle East and North Africa RHQ LLC | Saudi Arabia | 100 | ||||||||||||
| IBM—International Business Machines d.o.o., Belgrade | Serbia | 100 | ||||||||||||
| IBM International Capital Pte. Ltd. | Singapore | 100 | ||||||||||||
| IBM Singapore Pte. Ltd. | Singapore | 100 | ||||||||||||
| RED HAT ASIA PACIFIC PTE. LTD. | Singapore | 100 | ||||||||||||
| IBM Slovensko spol s.r.o. | Slovak Republic | 100 | ||||||||||||
| IBM Slovenija d.o.o. | Slovenia | 100 | ||||||||||||
| IBM Global Financing South Africa (Pty) Ltd | South Africa | 100 | ||||||||||||
| IBM South Africa (Pty) Ltd. | South Africa | 100 | ||||||||||||
| IBM Global Financing España, S.L.U. | Spain | 100 | ||||||||||||
| IBM Global Services España, S.A. | Spain | 100 | ||||||||||||
| International Business Machines, S.A. | Spain | 100 | ||||||||||||
| Company Name | State or country of incorporation or organization | Voting percent owned directly or indirectly by registrant | ||||||||||||
| IBM Global Financing Sweden AB | Sweden | 100 | ||||||||||||
| IBM Svenska Aktiebolag | Sweden | 100 | ||||||||||||
| IBM Global Financing Schweiz GmbH | Switzerland | 100 | ||||||||||||
| IBM Schweiz AG—IBM Suisse SA—IBM Svizzera SA—IBM Switzerland Ltd | Switzerland | 100 | ||||||||||||
| IBM Taiwan Corporation | Taiwan | 100 | ||||||||||||
| IBM Tanzania Limited | Tanzania | 100 | ||||||||||||
| IBM Thailand Company Limited | Thailand | 100 | ||||||||||||
| IBM Tunisie | Tunisia | 100 | ||||||||||||
| IBM (International Business Machines) Turk Limited Sirketi | Türkiye | 100 | ||||||||||||
| IBM Ukraine | Ukraine | 100 | ||||||||||||
| IBM Middle East FZ—LLC | United Arab Emirates | 100 | ||||||||||||
| IBM United Kingdom Limited | United Kingdom | 100 | ||||||||||||
| IBM United Kingdom Asset Leasing Limited | United Kingdom | 100 | ||||||||||||
| IBM United Kingdom Financial Services Limited | United Kingdom | 100 | ||||||||||||
| IBM del Uruguay, S.A. | Uruguay | 100 | ||||||||||||
| IBM Credit LLC | USA (Delaware) | 100 | ||||||||||||
| IBM International Group Capital LLC | USA (Delaware) | 100 | ||||||||||||
| IBM International Foundation | USA (Delaware) | 100 | ||||||||||||
| IBM World Trade Corporation | USA (Delaware) | 100 | ||||||||||||
| Red Hat, Inc. | USA (Delaware) | 100 | ||||||||||||
| IBM de Venezuela, S.C.A. | Venezuela | 100 | ||||||||||||
| IBM Vietnam Company Limited | Vietnam | 100 | ||||||||||||