Market Expansion and Value Creation

OpenText - Micro Focus Financial Integration Framework Updated Savings 2H F'23 1H F'24 2H F'24 1H F'25 2H F'25 F'26 FCF(2) A-EBITDA (2) opentext™ Cost Savings $400M Amounts represent annualized savings Expense & Charges ~$260M(3) Actioned Integration Expense ~$70M ~$6M Incurred Special Charges ~$420M to $460M ~$146M Incurred Workforce reductions and Facilities Consolidation (~$28M) Vendor consolidation, strategic procurement (~$116M) System alignment and integration expense (~$60M +) Severance, restructuring costs, advisory support and others (~$110M) Global entities simplification, tax structure initiatives, technology footprint optimization (~$200M) Est. total charges and expense ~$150M incurred $180M to $200M (1), (2), (3) See Slide Notes $150M to $190M Adj. EBITDA © 2023 Open Text FCF (1) 22 22

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