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OpenText - Micro Focus Financial Integration Framework(¹)
FCF(2)
A-EBITDA(2)
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Savings
Annualized
Cost Savings
$400M
Expense & Charges
Integration Expense
$70M
Special Charges
$420M to $460M
Est. Total Expense &
Charges
2H F'23
(1), (2), (3) See Slide Notes
$260M(3)
Actioned
$6M
Incurred
$146M
Incurred
$150M incurred
1H F'24
Workforce
reductions and
Facilities
Consolidation
($28M)
2H F'24
Vendor consolidation, strategic
procurement ($116M)
System alignment and
Related integration expense ($60M+)
Severance, restructuring costs, advisory
support and others ($90M)
1H F'25
Global entities simplification, tax structure initiatives,
technology footprint optimization ($200M)
$140M to $160M
2H F'25
$200M to $220M
F'26
-
Adj. EBITDA
FCF
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