OpenText Results Presentation Deck

Reconciliation of Selected Non-GAAP Measures | Q4 F20 Three Months Ended June 30, 2020 (in '000s USD) 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 Sales and marketing General and administrative Amortization of acquired customer-based intangible assets Special charges (recoveries) GAAP-based income from operations / Non-GAAP-based income from operations Other income (expense), net Provision for (recovery of) income taxes GAAP-based net income / Non-GAAP-based net income, attributable to Open Text GAAP-based earnings per share / Non-GAAP-based earnings per share- diluted, attributable to Open Text opentext™ $ $ GAAP 116,569 32,568 48,435 59,719 565,917 100,766 152,882 62,574 58,998 75,849 91,199 7,790 32,037 26,392 0.10 GAAP % of Total Revenue 68.5% $ Adjustments FN (490) (1) $ (310) (1) (377) (1) (59,719) (2) 60,896 (3) (1,590) (1) (2,575) (1) (2,660) (1) (58,998) (2) (75,849) (4) 202,568 (5) (7,790) (6) 3,416 (7) 191,362 (8) 0.70 (8) $ Non- GAAP 116,079 32,258 48,058 626,813 99,176 150,307 59,914 293,767 35,453 217,754 0.80 Non-GAAP % of Total Revenue 75.8% Open Text Confidential. ©2020 All Rights Reserved. 21

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