OpenText Investor Presentation Deck

Reconciliation of Selected Non-GAAP Measures | FY'22 YTD (In '000's U.S. dollars, 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 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 OpenText opentext™ GA GAAP 241,908 59,151 104,766 105,769 1,189,803 203,787 310,178 142,990 104,549 9,561 375,573 4,745 82,716 220,213 0.81 Six Months Ended December 31, 2021 GAAP % of Total Revenue Adjustments FN 69.6% (1,804) (1) (1,130) (1) (1,368) (1) (105,769) (2) 110,071 (3) (5,586) (1) (9,616) (1) (8,839) (1) (104,549) (2) (9,561) (4) 248,222 (5) (4,745) (6) (6,207) (7) 249,684 (8) (8) 0.91 Non-GAAP 240,104 58,021 103,398 1,299,874 198,201 300,562 134,151 623,795 76,509 469,897 1.72 Non-GAAP % of Total Revenue 76.1% OpenText ©2023 All rights reserved 50

View entire presentation