FY23 Business Outlook

Appendix 1 -Improving transparency in our KPIs Closer alignment to statutory measures Revenue / CCY Exceptional spend Adjusted EBITDA Net Debt Updated approach Remains Constant Currency and adjusted for material acquisitions/disposals Only related to incremental M&A and cost reduction programme such as severance No additional HPE integration costs No longer adjusted to reverse out capitalised product development costs More consistent with Bank Credit Agreements Remains the same Free cash flow Remains the same Leverage ratio Net debt / Adjusted EBITDA MICRO® FOCUS

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