Micro Focus Credit Presentation Deck

14 Free cash flow and capital allocation Revenue stabilisation supported by cost saving yields $500m cash generation by the time we are exiting FY23 Revenue $2.9bn AEBITDA 36% FY21 ($0.1bn) ($50m) DigitalSafe Revenue stabilising $200-300m net annual savings Revenue 0% YoY AEBITDA Target ($50m) Finance Leases c.95% cash conversion Tax c.30% ($100m) Capex FY23 Exit ($200m) Interest $500m Adjusted FCF MICROⓇ FOCUS

View entire presentation