FY23 Business Outlook

Adjusted free cash flow impacted by 3 material items 1,040 Adjusted EBITDA Exceptional charges 1 Working capital (247) Interest (127) 2 Tax (220) Capex and leases Other (270) 25 56 (145) 3 Cash EU exceptional State Aid items 189 47 292 Free cash flow Adj. free cash flow MICRO® FOCUS

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