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How We Create Value Profitability opentext TM Total Revenue Growth Value Capital Efficiency Total Revenue Growth Profitability Capital Efficiency ● ● ● ● ● ● Model Organic growth Acquired growth High recurring revenues Upper quartile A-EBITDA margin Growing free cash flows Free cash flows return greater than cost of capital 33% of TTM FCF towards dividends and anti-dilutive share buyback 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. For the year ended June 30, 2021. Includes IRS settlement payment of $299.6M. 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. Value Creation 12% Total Revenue CAGR (FY'13 to FY'21) 39% A-EBITDA (FY'21)(¹) 10.8% FCF/Avg Invested Capital (1).(2) Open Text ©2021 All rights reserved 15

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