OpenText Investor Presentation Deck

Reconciliation of Adjusted EBITDA and Free Cash Flows Q1 FY'24 (In '000's U.S. dollars) GAAP-based net income (loss), attributable to OpenText Add: Provision for income taxes Interest and other related expense, net Amortization of acquired technology-based intangible assets Amortization of acquired customer-based intangible assets Depreciation Share-based compensation Special charges (recoveries) Other (income) expense, net Adjusted EBITDA Total revenue GAAP-based net income (loss) margin Adjusted EBITDA margin (% of total revenue) (In '000's U.S. dollars) GAAP-based cash flows provided by operating activities Add: Capital expenditures ( S (1) Free cash flows (1) Defined as "Additions of property and equipment" in the Consolidated Statements of Cash Flows. opentext™ $ $ $ $ $ 80,901 10,352 141,764 76,824 120, 192 34,091 37,095 13,794 (20,170) 494,843 1,425,429 5.7% 34.7 % Q1 FY'24 $ $ $ 47,121 $ (37,539) 9,582 $ Q1 FY'23 (116,929) 33,625 40,382 42,637 54,438 23,174 23,208 14,281 189,231 304,047 852,036 (13.7)% 35.7% Q1 FY'23 © 2023 Open Text 131,959 (36,324) 95,635 43

View entire presentation