OpenText Mergers and Acquisitions Presentation Deck
Rapid 8 Quarter Deleveraging Program (1)(2)
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✔
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Uplift Micro Focus
products, go-to-market and
renewals to Open Text
standards
Maintain upper quartile
A-EBITDA
Maintain upper quartile
FCF
‒‒‒‒‒‒‒‒‒‒‒‒‒‒
FCF prioritized for
deleveraging
opentext™
Net Debt to A-EBITDA (3)
3.8x
Closing
4 quarters
<3x
8 quarters
Continuation of Dividend Program (4)
1. Numbers are approximate
2. Assumes closing by first calendar quarter 2023, maintain dividend program, no new acquisitions
3. Please refer to "Reconciliation of selected GAAP-based measures to non-GAAP-based measures" included within our current and historical filings on forms 10Q, 10K and 8-K
4. Declaration of dividend subject to board discretion
$18
F'13
10 consecutive years of
increased dividends paid
Dividends Paid (US$M)
$75
$88 $99
$121
$146
$169
$189
$211
$238
F'14 F'15 F'16 F'17 F'18 F'19 F'20 F'21
$1.35B returned to shareholders since
F'13
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F'22
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