Strategic M&A: Foundation for Our Business slide image

Strategic M&A: Foundation for Our Business

Strong Track Record of Financial Performance Total Revenue (US$ M) 103% $1,625 $3,301 1 Annual Recurring Revenue (US$ M) Cloud (US$ M) A-EBITDA1 (US$ M) Free Cash Flow1 (US$ M) $2,675 $1,280 $1,069 $1,364 148% 265% 138% 185% $1,080 $538 $375 $373 FY'14 Q2 FY'21 TTM FY'14 Q2 FY'21 TTM FY'14 Q2 FY'21 TTM FY'14 Q2 FY'21 TTM FY'14 Q2 FY'21 TTM opentext™ Upper Quartile A-EBITDA Margin and Free Cash Flow Conversion² 1. Please refer to "Use of Non-GAAP Financial Measures" in the Q2 FY'21 investor presentation (Feb 4, 2021) and "Reconciliation of selected GAAP-based measures to Non-GAAP-based measures" included within our current and historical filings on Forms 10-Q, 10-K and 8-K 2. FCF Conversion is FCF as a % of Total Revenue for 2Q FY'21 TTM OpenText Confidential. ©2021 All Rights Reserved. 19
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