Driving Shareholder Returns slide image

Driving Shareholder Returns

Current Liquidity (US$ M) Strong Liquidity and Cash Position Total cash & short-term investments at $1.846B (Sept. 30, '20) (2) Cash Balance Trend Total Available & Committed Liquidity(1)(2) $1,996 2,000 1,800 1,600 1,846 1,693 1,453 1,400 1,200 999 941 1,000 788 765 800 675 595 600 400 200 Capital Expenditures as % of Total Revenue (FY'14 to Q1 FY'21 TTM) 4.5% 4.2% 4.0% 3.8% 3.7% 3.5% 3.5% 3.0% 2.6% 2.5% 2.3% 2.2% 2.2% 2.0% 1.5% 1.0% 0.5% 0.0% FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20 Q1 FY'21 (TTM) opentext™ 1. Excludes restricted cash. Includes Cash and the Undrawn Revolver of $150m as of September 30, 2020. 2. Subsequently in October 2020, we repaid the $600M drawn under the Revolver using cash at hand. Millions USD Q1 FY'19 Q2 FY'19 Q3 FY'19 Q4 FY'19 Q1 FY'20 Q2 FY'20 Q3 FY'20 Q4 FY'20 Q1 FY'21 Debt Maturity Profile(2) 1000 900 933 900 900 850 800 700 150 600 500 400 300 600 200 100 10 10 10 10 10 0 CY'20 CY'21 CY'22 CY'23 CY'24 CY'25 CY'26 CY'27 CY'28 CY'29 CY'30 ■TLB Drawn RCF Undrawn RCF Senior Notes OpenText Confidential. ©2020 All Rights Reserved. 12
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