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Annual meeting of stockholders

Tuesday, April 28, 2009 | Miami Beach, Florida

IBM 2009 Annual meeting of stockholders

IBM 2009 Annual meeting of stockholders


"You need to know that IBM is well positioned to continue delivering strong results, as we have been doing... as we did again in 2008... and as we continued to do in the first quarter of 2009. Last year we achieved record revenue, record pretax earnings, record EPS and record free cash flow."

With these words, IBM's Chairman and CEO Sam Palmisano began his report on our strategy and results to our shareholders at IBM's annual meeting of stockholders.


International Business Machines Corporation held its Annual Meeting of Stockholders on April 28, 2009. For more information on the following proposals, see the Company's proxy statement dated March 9, 2009.


(1) IBM stockholders elected each of the twelve nominees to the Board of Directors for a one-year term by a majority of the votes cast.


(2) IBM stockholders, representing 97.55% of the votes cast, ratified the appointment of PricewaterhouseCoopers LLP as the Independent Registered Public Accounting firm for the Company:

For 1,041,459,496
Against 26,126,195
Abstain 4,844,723
Total 1,072,430,414

(3) IBM stockholders, representing 92.73% of the votes cast, approved the Long-Term Incentive Performance Terms for certain executives pursuant to Section 162(m) of the Internal Revenue Code:

For 981,533,958
Against 76,938,428
Abstain 13,958,028
Total 1,072,430,414

(4) IBM stockholders defeated a stockholder proposal on Cumulative Voting (34.47% of the votes cast were “For” the proposal):

For 298,540,401
Against 567,579,121
Abstain 11,915,391
Broker Non-Votes 194,395,501
Total 1,072,430,414

(5) IBM stockholders defeated a stockholder proposal on Executive Compensation and Pension Income (43.14% of the votes cast were “For” the proposal):

For 372,875,883
Against 491,544,882
Abstain 13,614,148
Broker Non-Votes 194,395,501
Total 1,072,430,414

(6) IBM stockholders defeated a stockholder proposal on Advisory Vote on Executive Compensation (44.22% of the votes cast were “For” the proposal):

For 376,276,455
Against 474,603,817
Abstain 27,154,641
Broker Non-Votes 194,395,501
Total 1,072,430,414