Market Expansion and Value Creation

Reconciliation of Selected Non-GAAP Measures | FY'22 Year Ended June 30, 2022 GAAP % of (In '000's U.S. dollars, except per share data) COST OF REVENUES Cloud services and subscriptions Customer support Professional service and other Amortization of acquired technology-based intangible assets GAAP-based gross profit and gross margin (%) / Non-GAAP-based gross profit and gross margin (%) Operating expenses Research and development GAAP Total Revenue Adjustments FN Non-GAAP Non-GAAP % of Total Revenue EA 511,713 69 (5,285) (1) 506,428 121,485 (2,399) (1) 216,895 (3,740) (1) 119,086 213,155 198,607 (198,607) (2) 2,431,643 69.6% 210,031 (3) 2,641,674 75.6% 440,448 (17,122) (1) 423,326 Sales and marketing 677,118 (22,628) (1) 654,490 General and administrative 317,085 (18,382) (1) 298,703 Amortization of acquired customer-based intangible assets 217,105 (217,105) (2) Special charges (recoveries) 46,873 (46,873) (4) GAAP-based income from operations / Non-GAAP-based income from operations 644,773 532,141 (5) 1,176,914 Other income (expense), net 29,118 (29,118) (6) Provision for income taxes 118,752 23,913 (7) 142,665 GAAP-based net income / Non-GAAP-based net income, attributable to OpenText 397,090 479,110 (8) 876,200 GAAP-based earnings per share / Non-GAAP-based earnings per share-diluted, attributable to OpenText 1.46 1.76 (8) 3.22 opentext™ © 2023 Open Text 49 49

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