OpenText Results Presentation Deck

Reconciliation of Selected Non-GAAP Measures | FY'20 YTD Six Months Ended December 31, 2019 (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 205,806 59,175 107,942 82,597 1,007,552 161,461 265,928 106, 130 100,618 15,173 317,253 (813) 69,909 181,868 0.67 GAAP % of Total Revenue 68.6% $ $ Adjustments FN (754) (1) $ (1) (613) (1) (589) (82,597) 84,553 (2) (3) (2,476) (1) (4,499) (1) (5,743) (1) (100,618) (2) (15,173) (4) 213,062 (5) 813 (6) (4,707) (7) (8) 218,582 0.81 (8) $ Non- GAAP 205,052 58,562 107,353 1,092,105 158,985 261,429 100,387 530,315 65,202 400,450 1.48 Non-GAAP % of Total Revenue 74.4% Open Text Confidential. ©2020 All Rights Reserved. 17

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