A global technology leader approaching $42B in sales with 57,000 people, and customers in 160+ countries LENOVO. ALL RIGHTS RESERVED

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2 A global technology leader approaching $42B in sales with 57,000 people, and customers in 160+ countries. 2

3 Lenovo s Performance Lenovo WW PC Market Share 19.7% % % 8.2% % Lenovo leaps to #286 on Global Fortune 500 list 3

4 Our Unique Heritage * EFFECTIVE OCT 1, 2014 **EFFECTIVE NOV 1,

5 IBM x86 Server Business - ALL IBM x86 LINES System x Flex System BladeCenter System Networking SKILLED RESOURCES Sales Force Product Development Service & Support (5 year agreement with IBM) 41 FACILITIES 34 R&D Labs & Offices 7 Manufacturing Plants 5

6 Acquisition Effective October 1, 2014 Lenovo owns 100% of WW IBM x86 business Significant # of employees WW joined Lenovo Employees and business operations in EMEA will be transitioned over the next few months 6

7 New era of opportunity and growth: Triple PLUS strategy SMART CONNECTED DEVICES TOTAL DEVICE PORTFOLIO 7

8 A Dynamic IT Market IT teams face challenging realities driven by shifts in mobile, social, and big data and analytics. The amount of data is exploding. Customer connections reached new heights. Businesses planning big data implementations. 8

9 A long history of innovation X 7 BladeCenter idataplex Industry Milestones 1 st Scalable x86 rack server st Scalable 16-socket X-Architecture st x86 server with Hot-swap memory st x86 server to break 1 Million tpmc st Dense Computing Platform st to Decouple Memory from Processor st Warm Water Cooling Technology st Integrated memory channel flash storage

10 Focus: our customers always come first Everything we innovate begins with our customers needs. Expect the same customer-driven focus that propelled System x through its first 30 years of innovation. We re dedicated to leveraging scale and efficiency of operations and being easier to do business with. Along with our Business Partners, we will deliver data center technology that drives real business value. Clients believe in the industry-leading inventiveness, reliability and security that is at the core of our product portfolio. 10

11 Possibility: enabling business opportunities + = Turn the possibilities of tomorrow into your business opportunities of today. End-to-end compute, storage and networking capability from data centers to mobile devices Faster analytics for insights from more and different types of data Makes the most of cloud applications with ease and simplicity Better data economics and lower total cost of ownership (TCO) 11

12 Positioned to help meet modern data center needs We can help you reduce cost, increase agility and improve efficiency Enterprise Cloud High-performance computing Embedded Infrastructure Tap into solutions that help meet the needs of demanding workloads. Deploy and manage private, public and hybrid clouds at a lower cost. Discover hyperscale density at maximum efficiency. Realize the advantages of solutions that are engineered and manufactured to custom requirements. Simplify management and support with lower TCO. Lenovo: customized data center solutions with real business value 12

13 Comprehensive Portfolio Covering All Segments 13

14 Solutions ENTERPRISE SOLUTIONS Tuned to meet the needs of analytics, ERP, big data and database workloads CLOUD HIGH PERFORMANCE COMPUTING EMBEDDED INFRASTRUCTURE Architected solutions to deploy and manage private, public, and hybrid clouds with lower cost Designed for hyperscale density, performance for maximum efficiency Engineered and manufactured to custom requirements with long term support Simplified management, high quality, service and support to lower total cost of ownership # 1 x86 server reliability & uptime # 1 x86 server client satisfaction 14

15 Analytics Solution in Action Hardware Software Real Time Analytics HANA Solution SAP developed HANA on System x, runs enterprise cloud #1 in SAP HANA market share 60% as reported by SAP Largest SAP HANA Installation in the world 100 TB Support 15

16 Lenovo & EMC Strategic Partnership Partnership announced in August 2012 including: Joint venture with the Iomega NAS since 2013 OEM business in China since 2012 OEM Partnership now being taken into EMEA VSPEX reference architectures since 2013 We re excited to partner with Lenovo as we focus our combined energies serving a broader range of customers with industryleading storage and server solutions. Joe Tucci This exciting new partnership will be measured in the years to come not in millions but in billions Yuanquing Yang 16

17 We build business solutions What new possibilities can we help you build? Deploy services faster to gain new opportunities. Scale infrastructure quickly to address growing demand. Analyze data to find new customers and trends. Improve economics and efficiency via cloud. Reach new customers on a variety of devices. 17

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