Micro Focus Credit Presentation Deck

12 Capturing efficiencies to improve margin Targeting between $400m and $500m of gross annual recurring cost reductions as we exit FY23 Cost of delivering programme c.$200m over 2 years. $1.9bn FY21 Exit cost base ($60m) Digital Safe 5% p.a. c.$200m Inflation ($400m) - ($500m) Planned cost saving c. $1.5bn- $1.6bn Target cost base MICRO® FOCUS

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