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OpenText Investor Presentation Deck

Q3 Fiscal 2021 Financial Highlights With Y/Y Comparisons Q3 FY'21 Total Revenues ARR (2) Cloud Revenues A-EBITDA (3) Non-GAAP Earnings Per Share (³) Free Cash Flows(3), (4) (Includes IRS settlement. payment of $290 million) opentext 1. 3 4. $832.9M $691.8M 83% of Total Revenues $355.8 M $297.1 M 35.7% (margin) $0.75 $50.3M 2.2% (0.8)% in CC (¹) 4.4% 1.7% in CC 4.8% 3.1% in CC 14.5% 9.9% in CC 23.0% 16.4% in CC (83.9)% Trailing Twelve Months (TTM) Ending Q3 FY'21 9.5% 8.4% in CC Total Revenues ARR(2) Cloud Revenues A-EBITDA (3) Non-GAAP Earnings Per Share (3) Free Cash Flows(3), (4) (Includes IRS settlement payment of $290 million) $3.32B $2.70B 81% of Total Revenues $1.38B $1.32B 39.7% (margin) $3.39 $806.2M 15.9% 14.9% in CC 29.3% 28.7% in CC 18.2% 15.8% in CC 20.6% A 18.1% in CC (3.5)% CC: Constant currency for this purpose is defined as the current period reported revenues/expenses/earnings represented at the prior comparative period's foreign exchange rate. Annual recurring revenue (ARR) is defined as the sum of cloud services and subscriptions revenue and customer support revenue. 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 Open Text Confidential. ©2021 All Rights Reserved. historical filings on Forms 10-Q, 10-K and 8-K. Free Cash Flows = Operating Cash Flows minus Capital Expenditures (or "Additions to property & equipment" in the Statement of Cash Flow). 4
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