OpenText Investor Presentation Deck

Integration Execution Framework Revenue & Growth Profitability & Cash Flows Renewals Products Sales Capital Allocation Leverage & other opentext TM Open Text Continues Strong Execution 1st 6 months Pre-Acquisition (As of Dec. 31, 2022) Total growth Accelerating cloud growth 80% + ARR Upper quartile A-EBITDA Strong FCF generation 95% off-cloud 94% cloud Titanium innovation roadmap Tracking to full G10K coverage by end of C'23 Engage customers on vision and benefits Maintain upper quartile A- EBITDA for both companies Eliminate duplicative costs Continue Micro Focus savings Apply Open Text renewal best practices Analyze and refine converged Titanium X roadmap Analyze and refine converged GTM roadmap Deleveraging and continuation of Dividend Program 2nd 6 months Post-Acquisition Begin uplift Micro Focus installed base to cloud Improve A-EBITDA to FCF conversion at Micro Focus Deliver improvements in Micro Focus renewals Begin alignment of Micro Focus products with Titanium X Begin GTM alignment Deleveraging and continuation of Dividend Program 3rd 6 months Execution Evolution Continue Micro Focus uplift to cloud Micro Focus on OpenText A-EBITDA model Continue improvement in Micro Focus renewals Continue integrating Micro Focus with Titanium X Continue GTM alignment Deleveraging and continuation of Dividend Program 1. Please refer to "Reconciliation of selected GAAP-based measures to non-GAAP-based measures" included within our current and historical filings on forms 100, 10K and 8-K. F'25+ Micro Focus generates organic growth Cloud returns as largest revenue stream Maintain F'25 A-EBITDA aspirations of 37% -39% (1) Micro Focus renewals at Open Text standards Complete integration of Micro Focus with Titanium X Complete GTM alignment < 3x Leverage Net Debt to A-EBITDA (1) within 8 full quarters OpenText ©2023 All rights reserved 23

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