Book size: 2700; First Pay: 2026-05-03; Registration: SEC Registered; Comments: EUR750m 2yr cpn FRN 3mEu+28 at 100. Spread: 3mEu+28bp. LEI: VGRQXHF3J8VDLUA7XE92; Book size: 4700; First Pay: 2027-02-03; Registration: SEC Registered; Comments: EUR1bn 5yr cpn fxd 3.00% at 99.749, yld 3.055%. Spread: MS+55 bp. DBR 0% 02/31 @ 88.817 / 2.383% (HR: 105%). Par Call: 1m. MWC: B+15bps. LEI: VGRQXHF3J8VDLUA7XE92; Book size: 5000; First Pay: 2027-02-03; Registration: SEC Registered; Comments: EUR1bn 8yr cpn fxd 3.45% at 99.746, yld 3.487%. Spread: MS+75 bp. DBR 2.2% 02/34 @ 96.478 / 2.693% (HR: 98%). Par Call: 3m. MWC: B+15bps. LEI: VGRQXHF3J8VDLUA7XE92; Book size: 5300; First Pay: 2027-02-03; Registration: SEC Registered; Comments: EUR750m 12yr cpn fxd 3.85% at 99.566, yld 3.896%. Spread: MS+93 bp. DBR 4% 01/37 @ 109.95 / 2.922% (HR: 96%). Par Call: 3m. MWC: B+15bps. LEI: VGRQXHF3J8VDLUA7XE92;

Reoffer: 2yr FRN: 3mE+28bp / 100 5yr: MS+55bp / 99.749 / 3.055% 8yr: MS+75bp / 99.746 / 3.487% 12yr: MS+93bp / 99.566 / 3.896% Benchmark: 5yr: DBR 0% 15-Feb-31 @ 88.817 / 2.383% (HR: 105%) 8yr: DBR 2.2% 15-Feb-34 @ 96.478 / 2.693% (HR: 98%) 12yr: DBR 4% 15-Jan-37 @ 109.95 / 2.922% (HR: 96%) IPTs: 2yr FRN: 3mE+50/55bp 5yr: MS+90a 8yr: MS+110a 12yr: MS+130a Issuer: International Business Machines Corporation (Ticker: IBM / Country: US) LEI Code: VGRQXHF3J8VDLUA7XE92 Issuer Ratings: Moody’s: A3 (Stable) / S&P: A- (Negative) / Fitch: A- (Stable) Expected Ratings: Moody’s: A3 / S&P: A- / Fitch: A- Format: SEC Registered, Senior Unsecured Settlement Date: 03-Feb-26 (T+3) Size: 2yr FRN: €750m 5yr FXD: €1bn 8yr FXD: €1bn 12yr FXD: €750m Maturity Date: 2yr FRN: 03-Feb-28 5yr FXD: 03-Feb-31 8yr FXD: 03-Feb-34 12yr FXD: 03-Feb-38 Reoffer: 2yr FRN: 3mE+28 bp / 100 5yr FXD: MS+55 bp / 3.055% / 99.749 8yr FXD: MS+75 bp / 3.487% / 99.746 12yr FXD: MS+93 bp / 3.896% / 99.566 Coupon: 2yr FRN: 3mE+28 Floating, Quarterly, ACT/360 (ICMA) 5yr FXD: 3.000% Fixed, Annual, ACT/ACT (ICMA) 8yr FXD: 3.450% Fixed, Annual, ACT/ACT (ICMA) 12yr FXD: 3.850% Fixed, Annual, ACT/ACT (ICMA) Benchmark Spread: 5yr FXD: B+67.2bps 8yr FXD: B+79.4bps 12yr FXD: B+97.4bps Optional Redemption: 2yr FRN: -- 5yr FXD: MWC (B+15bps) Par Call: 1-month prior to maturity 8yr FXD: MWC (B+15bps) Par Call: 3-months prior to maturity 12yr FXD: MWC (B+15bps) Par Call: 3-months prior to maturity TOE: 2yr FRN: 17:06 UKT 5yr FXD: 16:56 UKT 8yr FXD: 16:55 UKT 12yr FXD: 16:51 UKT ISIN / Common Code / CUSIP: 2yr FRN: XS3289845631 / 328984563 / 459200LW9 5yr FXD: XS3289742234 / 328974223 / 459200LX7 8yr FXD: XS3289742408 / 328974240 / 459200LY5 12yr FXD: XS3289741772 / 328974177 / 459200LZ2 Use of Proceeds: General corporate purposes Denominations: €100,000 x €1,000 Listing / Law: New York Stock Exchange (NYSE) / New York Law Clearing: Euroclear and Clearstream Selling Restrictions: As per the Issuer’s Preliminary Prospectus Supplement Sales into Canada: No Stabilization: FCA/ICMA Target Market / PRIIPs: MiFID II and UK MiFIR professionals / ECPs-only / No PRIIPs or UK PRIIPs KID Bookrunners: BNP Paribas, BofA Securities, Citigroup(B&D), Deutsche Bank, Goldman Sachs, HSBC, Mizuho Timing: Priced. FTT 07:45am UKT, Friday 30th of January (subject to Termsheet)

General corporate purposes