Driving Shareholder Returns slide image

Driving Shareholder Returns

OpenText: The Information Management Leader About OpenText The Market Leader in Information Management market Business Network Content Services Cyber Resilience Digital Experience Total Growth drives share gains Durable, resilient, predictable business (83% ARR)(1) Expanding EBITDA margins Strong Free Cash Flows (FCF) (2) and Balance Sheet Target dividend payout of -20% of TTM FCF Value Creation Playbook Organic Growth + Accretive Acquisitions + Cloud Growth + ARR Growth + Margin Expansion + Cash Flow Growth + Dividends + Share Repurchase Plan (3) Innovation Reinvest for Growth Capital Structure and Allocation ARR as a percentage of Total Revenues for the quarter ended September 30, 2020. TM 2. Free Cash Flows = Operating Cash Flows minus Capital Expenditures (or "Additions to property & equipment" in the Statement of Cash Flow). On November 5, 2020, Open Text announced a Repurchase Plan to purchase, from time to time over 12 months, if considered advisable, up to an aggregate of $350M of its common shares. No assurance can be given as to the precise number of shares, if any, that will ultimately be purchased under the Repurchase Plan. OpenText Confidential. ©2020 All Rights Reserved. 15 opentext™
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