FY'24 Medium-Term Aspirations

Reconciliation of Selected Non-GAAP Measures | Q3 FY'22 Three Months Ended March 31, 2022 (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 (%) GAAP % of GAAP Total Revenue Adjustments FN Non-GAAP Non-GAAP % of Total Revenue $ 136,020 (1,268) (1) $ 134,752 31,763 (501) (1) 31,262 56,693 (907) (1) 55,786 46,564 (46,564) (2) 608,047 68.9% 49,240 (3) 657,287 74.5% Operating expenses Research and development Sales and marketing 117,730 (4,350) (1) 113,380 180,955 (5,761) (1) 175,194 General and administrative 88,137 (3,961) (1) 84,176 Amortization of acquired customer-based intangible assets 56,215 (56,215) (2) Special charges (recoveries) 11,031 (11,031) (4) GAAP-based income from operations / Non-GAAP-based income from operations 131,609 130,558 (5) 262,167 Other income (expense), net 24,392 (24,392) (6) Provision for income taxes 41,041 (9,971) (7) 31,070 GAAP-based net income / Non-GAAP-based net income, attributable to OpenText 74,681 116,137 (8) 190,818 GAAP-based earnings per share / Non-GAAP-based earnings per share- diluted, attributable to OpenText 0.28 0.42 (8) 0.70 opentext™ OpenText ©2022 All rights reserved 46

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