OpenText Mergers and Acquisitions Presentation Deck

Growth Opportunity: Customer Support and Maintenance Powerful Source of Recurring Cash Flow Open Text Customer Support F'22 $1,331 M 38% of total revenue Off-Cloud Renewal % 94% Micro Focus Maintenance (1) $1,705M Open Text has improved its Customer Support to License ratio from F'13 to F'22 through: ● 64% of total revenue Off-Cloud Renewal % Opportunity •Strong renewals Annual price adjustments •Premium support and • Other value offerings opentext™ Open Text Customer Support Revenue (US$M) $658 F'13 2.4x $1,331 CS to License Ratio F'22 3.7x Future Opportunity Micro Focus' Maintenance Revenue (US$M) (1) $1,705 Today 2.6x Open Text Value Add 1. Pro forma TTM revenue represents Micro Focus' unaudited proforma revenue for the twelve months ended April 30, 2022, excluding Digital Safe revenue. Any forecast of future revenue is a forecasted projection only Future CS to License Ratio Expansion opportunity to upsell and migrate more workloads to the cloud > 2.6x OpenText ©2022 All rights reserved 14

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