FY'24 Medium-Term Aspirations

Reconciliation of Adjusted EBITDA and Free Cash Flows (In '000's U.S. dollars) GAAP-based net income, attributable to OpenText Add: Provision for income taxes Interest and other related expense, net Amortization of acquired technology-based intangible assets Amortization of acquired customer-based intangible assets Depreciation Share-based compensation Special charges (recoveries) Other (income) expense, net Adjusted EBITDA Total revenue GAAP-based net income margin Adjusted EBITDA margin (% of total revenue) (In '000's U.S. dollars) GAAP-based cash flows provided by operating activities Add: Q3 FY'22 Q3 FY'21 FY'22 YTD FY'21 YTD $ 74,681 $ 91,490 $ 294,894 $ 129,389 41,041 31,818 123,757 342,121 40,238 37,333 117,538 114,017 46,564 53,453 152,333 165,581 56,215 54,156 160,764 164,075 22,370 21,961 65,535 64,244 16,748 12,357 45,091 38,619 11,031 2,846 20,592 (1,404) (24,392) (8,283) (29,137) (16,417) $ 284,496 $ 297,131 $ 951,367 $ 1,000,225 882,283 832,931 $ 2,591,390 $ 2,492,588 8.5% 32.2% 11.0% 35.7% 11.4% 36.7% 5.2% 40.1% Q3 FY'22 Q3 FY'21 FY'22 YTD FY'21 YTD $ 323,557 $ 63,572 $ 729,870 $ 579,931 Capital expenditures (1) (17,590) (13,311) (54,937) (36,267) Free cash flows $ 305,967 $ 50,261 $ 674,933 $ 543,664 (1) Defined as "Additions of property and equipment" in the Condensed Consolidated Statements of Cash Flows. opentext™ OpenText ©2022 All rights reserved 54

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