Total Growth Model: Cloud and ARR Growth

Renewals and Customer Organization (1) >$4.5B Centralized & Highly-Focused Information Management Renewals Organization 75% 90% 160K 600 Q2 Annualized Recurring Revenues(2) ARR as a percent of Q2 Total Revenues Customer Support Non-GAAP Margins(3) Agreements Renewal Professionals Bring Micro Focus to OpenText Renewal Rate Standards Micro Focus Renewal Rate Targets (4) Mid 80s% High 80s% In the 90s% End of F'23 End of F'24 in F'25 Best Practices High Automation Compelling Cloud Roadmap opentext™ (1), (2), (3), (4), (5) See Slide Notes Open Text Renewal Rates (5) 93% 95% Cloud Off-Cloud © 2024 Open Text 26 26

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