OpenText Results Presentation Deck

Reconciliation of Selected Non-GAAP Measures | Q4 F19 Three Months Ended June 30, 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 OpenText GAAP-based earnings per share / Non-GAAP-based earnings per share- diluted, attributable to Open Text opentext™ $ $ GAAP 103,719 30,761 55,183 42,946 510,484 83,708 139,416 52,954 49,200 2,232 157,974 3,191 56,309 71,983 0.27 GAAP % of Total Revenue 68.3% $ $ CA Adjustments FN (75) (1) (1) (1) (2) (3) (361) (434) (42,946) 43,816 (1,323) (1) (2,006) (1) (2,419) (1) (49,200) (2) (2,232) (4) 100,996 (5) (3,191) (6) (24,651) (7) 122,456 (8) 0.45 (8) $ $ Non- GAAP 103,644 30,400 54,749 554,300 82,385 137,410 50,535 258,970 31,658 194,439 0.72 Non-GAAP % of Total Revenue 74.2% Open Text Confidential. ©2020 All Rights Reserved. 25

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