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Proven Track Record of Value Creation FCF/Revenue (2) We run a disciplined Free Cash Flows (1) return business. FY'19 FY'20 FY'21 28.3% 28.4% FCF/Avg Total Assets (³) FCF/Avg Invested Capital (4) WACC (5) We measure our Free Cash Flows returns annually 10.4% 14.8% 6.5% 9.7% 24.0% 6.0% 8.2% 13.2% 10.8% 7.4% USD in millions $1,350 $1,250 $1,150 $1,050 $950 $850 $750 $650 $550 $450 $350 FY'17 A-EBITDA and FCF Trends FY'18 A-EBITDA FY'19 FCF FY'20 FY'21 1. Please refer to "Use of Non-GAAP Financial Measures" at the end of this presentation and "Reconciliation of selected GAAP-based measures to Non-GAAP-based measures" included within our current and historical filings on Forms 10-Q, 10-K and 8-K. 2. FCF/Revenue is calculated as FCF expressed as percentage of total revenue. 3. FCF/Average Total Assets is calculated as FCF expressed as percent of average assets for the two most recent comparative fiscal year ends. 4. FCF/Average Invested Capital is calculated as FCF expressed as percent of average invested capital for the two most recent comparative fiscal year ends. Invested Capital is defined by and sourced by Bloomberg. Please refer to Bloomberg definition code RX215. 5. Weighted Average Cost of Capital (WACC) is defined by and sourced from Bloomberg. Please refer to Bloomberg definition code VM011. opentext™ FY'21 FCF includes -$299.6M IRS settlement OpenText ©2022 All rights reserved 32

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