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OpenText Investor Presentation Deck

Q2 Fiscal 2023 Financial Highlights (with Y/Y comparisons) Strong Quarterly Enterprise Cloud Bookings" of $145M up 12% Y/Y, TTM $511M up 25% Y/Y Total Revenues ARR (3) 81% of Total Revenues Cloud Revenues A-EBITDA (4) 38.0% (margin) Non-GAAP Earnings Per Share (4) Free Cash Flows (4) opentext™ Q2 F'23 $897.4M $945.0M in CC $725.2 M $761.0M in CC $408.7 M $423.2M in CC $340.9M $356.1M in CC $0.89 $0.94 in CC $163.0M 18.2% of total revenues 2.4% 7.8% in CC (2) 3.6% 8.7% in CC 12.0% 16.0% in CC (0.8)% 3.7% in CC 0.0% 5.6% in CC (20.9)% Trailing Twelve Months (TTM) Ending Q2 F'23 $3.53B $3.67B in CC 2.9% 6.9% in CC Total Revenues ARR (3) 83% of Total Revenues Cloud Revenues A-EBITDA (4) 35.2% (margin) Non-GAAP Earnings Per Share (4) Free Cash Flows (4) $2.92B $3.02B in CC $1.63B $1.67B in CC $1.24B $1.30B in CC $3.16 $778.3M 22.0% of total revenues 1. Enterprise cloud bookings is defined as the total value from cloud services and subscription contracts, entered in the period that are new, committed and incremental to our existing contracts, excluding the impact of Carbonite and Zix. 2. CC: Constant Currency for this purpose is defined as the current period reported revenues/expenses/earnings represented at the prior comparative period's foreign exchange rate. 3. Annual Recurring Revenue (ARR) is defined as the sum of cloud services and subscriptions revenue and customer support revenue. 4. 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. 5.2% 8.9% in CC 13.2% 15.9% in CC (2.8)% 1.3% in CC (3.4)% 3.7% in CC 13.1% OpenText ©2023 All rights reserved 13
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