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Modern Work Management

Powerful Renewal Engine Acceleration Into the Cloud Enables an Expansion Focus Centralized, & Highly-Focused Information Management Renewals Organization Increase in ARR(1) Over Past 10 Years Independent renewals organization empowered to grow and make the right. decisions for customers. $2.7B FY'21 Annual Recurring Revenue 425 Renewal Professionals opentext™ 125K 318% Agreements 90%+ (2) FY'21 Customer Support Margins $657M FY'12 $2.7B Cloud accelerates our opportunity to deliver revenue expansion and continuous update services. Over 30% automated with no human touch and expanding. Machines focus on the renewal. Humans focus on the expansion. Deployed ML/AI technologies into early insights for propensity to renew. FY'21 Amazingly talented and passionate team, delivering results, and always raising the bar. 1. Annual Recurring Revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue. 2. Please refer to "Use of Non-GAAP Financial Measures" in the Q2 FY'22 investor presentation (Feb 3, 2022) and "Reconciliation of selected GAAP-based measures to Non-GAAP-based measures" included within our current and historical filings on Forms 10-Q, 10-K and 8-K. Open Text ©2022 All rights reserved 16
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