OpenText Investor Presentation Deck

Open Text-Micro Focus Financial Integration Framework FCF A-EBITDA Cost Savings $400M Amounts represent annualized savings Integration Expense $80M opentext™ Special Charges $380M to $420M Targets and Aspirations Adj. EBITDA (2) Margin 1. 2. 3. FCF (3) 2H F'23 Workforce reductions (-$240M) Facilities consolidation (~$23M) F'23 1H F'24 Vendor consolidation, strategic procurement, (~$140M) System alignment and integration expense (~$80M) Severance, restructuring costs, advisory support and others (~$200M) 32.5% to 33.5% $0.58% to $0.62B 2H F'24 F'24 Global entities simplification, tax structure initiatives, technology footprint optimization (~$200M) 36% to 38% 1H F'25 $0.8B to $0.9B 2H F'25 Bars represent when actions will be substantially recognized on Open Text financial statements As of May 4, 2023. Subject to change. Please refer to "Use of Non-GAAP Financial Measures" at the end of this presentation 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. FCF is on a reported basis. • F'26 Adj. EBITDA FCF F'26 (1) (2) (3) 38% to 40% $1.5B+ Open Text ©2023 All rights reserved 21

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