OpenText Investor Presentation Deck

Open Text Financial Targets and Aspirations Continued Investment in Growth Initiatives (in constant currency) ● Organic Growth (%Y/Y) (1) Total Revenue Growth (%Y/Y) A-EBITDA Margin (2) FCF (2,3) (USD$B) Driven by 15%+ Enterprise Cloud Bookings Growth (Y/Y) opentext™ Financial Target F'23 1% to 2% 28% to 30% 32.5% to 33.5% $0.5B to $0.6B Preliminary Financial Target F'24 1% to 2% 33% to 35% 36% to 38% $0.8B to $0.9B 3 Year Aspirations * F'26* 2% to 4% 2% to 4% ($6.2B to $6.4B) *Assumes: F'24 OpenText (excluding Micro Focus) organic growth in constant currency of 1.5% to 2.5% and Micro Focus (excluding OpenText) organic growth constant F'26 OpenText (excluding Micro Focus) organic growth in constant currency of 3% to 5% and Micro Focus organic growth in constant currency of 1% to 3% 38% to 40% $1.5B+ 1. Organic revenue growth is calculated by removing the revenue contribution from newly acquired companies for the first year post acquisition. 2. 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. 3. FCF in reported currency. OpenText ©2023 All rights reserved 17

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