OpenText Results Presentation Deck

Reconciliation of Selected Non-GAAP Measures | Q2 FY'19 Three Months Ended December 31, 2018 (in '000s USD) 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 88,698 31,273 56,030 48,366 507,209 75,753 126, 193 52,198 45,919 9,380 173,932 378 36,236 104,432 0.39 GAAP % of Total Revenue 69.0% $ GA $ Adjustments FN (265) (1) (271) (1) (358) (1) (48,366) (2) 49,260 (3) (994) (1) (1,615) (1) (3,382) (1) (45,919) (2) (9,380) (4) 110,550 (378) (1,114) 111,286 (5) (6) (7) (8) 0.41 (8) $ $ Non- GAAP 88,433 31,002 55,672 556,469 74,759 124,578 48,816 284,482 35,122 215,718 0.80 Non-GAAP % of Total Revenue 75.7% Open Text Confidential. ©2020 All Rights Reserved. 19

View entire presentation