Micro Focus Fixed Income Presentation Deck

A Phased Approach to Delivery and Setting Market Expectations Actions FY17 36 Phase I: Assessment Deliver plans for FY17 - Detailed review of combined businesses Invigorate Product Management | Actions FY18 Phase II: Integration • Standardise systems • Rationalise Properties · Rationalise Legal entities New Go to Market (GTM) model Maintain/improve cash conversion .Rationalise underperforming elements • New market initiatives Actions FY19 Phase III: Stabilisation - Stabilise top line Improve GTM productivity Growth from new areas Improved profitability Standardise systems Actions FY20 Phase IV: Growth • Top line growth - Click and repeat! MICRO FOCUS

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