### International Business Machines Corporation (IBM) 

**IBM03 – International Business Machines Corporation (NYSE: IBM)**  IBM is a global technology company providing software, consulting, and infrastructure solutions for enterprises, with a strategic focus on hybrid cloud and AI. Its portfolio spans Red Hat hybrid cloud, enterprise AI through watsonx, consulting services, and mission-critical infrastructure including IBM Z mainframes. IBM is also advancing quantum computing as a next-generation technology platform, positioning the company to benefit from the growing adoption of AI and hybrid cloud across enterprises while remaining subject to competitive, technology, and execution risks.


#### Additional Details

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<table id="table">
    <tr>
        <th>Issuer</th>
        <td>Pi Securities Public Company Limited</td>
    </tr>
    <tr>
        <th>DR Symbol</th>
        <td>IBM03 </td>
    </tr>
    <tr>
        <th>DR Reference Ratio</th>
        <td>3000 DR : 1 UL</td>
    </tr>
    <tr>
        <th>Underlying Security</th>
        <td>International Business Machines Corporation (IBM)</td>
    </tr>
    <tr>
        <th>Type of Underlying Security</th>
        <td>Common Stock</td>
    </tr>
    <tr>
        <th>Exchange of Underlying Security</th>
        <td>U.S. Equities Exchanges</td>
    </tr>
    <tr>
        <th>Reference Asset Issuer’s Website</th>
 <td><a href="https://www.ibm.com/" target="_blank">IBM Website</a></td>
    </tr>
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IBM03 – International Business Machines Corporation – Powering Enterprise AI and Hybrid Cloud for the Next Generation

International Business Machines Corporation (IBM)

Additional Details

International Business Machines Corporation (IBM)

DR Price