OpenText Investor Presentation Deck

F'26 Aspirations in Constant Currency Enterprise Cloud Bookings Growth (²) Total Organic Revenue Growth (3) Total Revenue Cloud Organic Revenue Growth (³) ARR (% of Total Revenue) (4) A-EBITDA Margin (5) (%) Free Cash Flows (5) (6) (FCF) Capital Allocation to Dividend Program (7) Non-GAAP Effective Tax Rate (8) opentext™ 15% + 2% to 4% ~$6.2B to $6.4 B 7% to 9% 77% to 79% 38% to 40% $1.5B+ ~20% of TTM FCF Mid 20%'s Cloud Editions (CE), Cloud Expansion, Industry Expansion, Al, Titanium X Micro Focus expected to return to organic growth in F'24 Market share gains through cloud acceleration and opentext.ai Continued Information Management momentum Cloud expansion and improve Micro Focus renewals to Open Text standards Upper quartile profitability while investing in cloud, Al, security and edge Continued high conversion from A-EBITDA and working capital efficiency Prioritizing capital return and debt reduction Utilization of tax attributes while enhancing current structure (1), (2), (3), (4), (5), (6), (7), (8) See Slide Notes © 2023 Open Text 24

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