OpenText Investor Presentation Deck

Reconciliation of Selected Non-GAAP Measures | Q2 FY'20 (In '000's USD, except per share data) 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 103,644 29,788 53,604 42,299 539,172 80,283 137,310 54,595 51,460 10,072 184,740 1,972 46,818 107,467 0.40 Three Months Ended December 31, 2019 GAAP % of Total Revenue 69.9% Adjustments FN Non-GAAP $ $ (371) (1) $ (297) (1) (346) (1) (42,299) (2) 43,313 (3) (1,255) (1) (2,383) (1) (3,131) (1) (51,460) (2) (10,072) (4) 111,614 (5) (1,972) (6) (9,861) (7) 119,503 (8) 0.44 (8) $ 103,273 29,491 53,258 582,485 79,028 134,927 51,464 296,354 36,957 226,970 0.84 Non-GAAP % of Total Revenue 75.5% Open Text Confidential. ©2021 All Rights Reserved. 43

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