OpenText Investor Presentation Deck

Reconciliation of Selected Non-GAAP Measures | FY'20 YTD Six Months Ended December 31, 2019 (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 205,806 59,175 107,942 82,597 1,007,552 161,461 265,928 106,130 100,618 15,173 317,253 (813) 69,909 181,868 0.67 GAAP % of Total Revenue 68.6% Adjustments FN Non-GAAP $ (754) (1) $ (613) (1) (589) (1) (82,597) (2) 84,553 (3) (2,476) (1) (4,499) (1) (5,743) (1) (100,618) (2) (15,173) (4) 213,062 (5) 813 (6) (4,707) (7) 218,582 (8) 0.81 (8) $ 205,052 58,562 107,353 1,092,105 158,985 261,429 100,387 530,315 !!!! 65,202 400,450 Non-GAAP % of Total Revenue 1.48 74.4% Open Text Confidential. ©2021 All Rights Reserved. 45

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