OpenText Investor Presentation Deck

Reconciliation of Selected Non-GAAP Measures | Q1 F20 (in '000s USD, except per share data) COST OF REVENUES Cloud services and subscriptions Customer support Professional service and other Amortization of acquired technology-based intangible assets GAAP-based gross profit and gross margin (%) / Non-GAAP-based gross profit and gross margin (%) Operating expenses Research and development Sales and marketing General and administrative Amortization of acquired customer-based intangible assets Special charges (recoveries) GAAP-based income from operations / Non-GAAP-based income from operations Other income (expense), net Provision for (recovery of) income taxes GAAP-based net income / Non-GAAP-based net income, attributable to Open Text GAAP-based earnings per share / Non-GAAP-based earnings per share- diluted, attributable to Open Text opentext™ $ $ GAAP 102,162 29,387 54,338 40,298 468,380 81,178 128,618 51,535 49,158 5,101 132,513 (2,785) 23,091 74,401 0.27 Three Months Ended September 30, 2019 GAAP % of Total Revenue 67.2% $ $ Adjustments FN (383) (316) (243) (40,298) 41,240 (1,221) (2,116) (2,612) (49,158) (5,101) 101,448 2,785 5,154 99,079 0.37 (1) $ 101,779 (1) (1) 29,071 54,095 (2) (3) (1) (1) (1) (2) (4) (5) (6) (7) (8) (8) Non- GAAP $ 509,620 79,957 126,502 48,923 233,961 28,245 173,480 0.64 Non-GAAP % of Total Revenue 73.1% Open Text Confidential. ©2020 All Rights Reserved. 40

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