OpenText Mergers and Acquisitions Presentation Deck slide image

OpenText Mergers and Acquisitions Presentation Deck

Zix Snapshot(¹) Zix's Mission: To be THE leading provider of cloud-based email security, compliance and productivity solutions $235.6M TTM Revenue (2) (as of June 30, 2021) Dallas, TX Headquarters 15% TTM y/y Revenue Growth 525 Employees opentext™ 89% Cloud(2) 1 of 9 Authorized Microsoft Managed Cloud Solution Providers (CSP's) in the U.S. 100% Subscription Revenue (2) 100,000+ Total End Customers (Mostly SMB's) 1. Source: Zix Investor Presentation, August 2021 and Zix Financial Filings. 2. Revenue and Margins based on Zix's reporting methodology. TTM metrics as of June 30, 2021, based on Zix's historical filings. Please refer to Zix's historical financial filings for additional information on their calculation of A-EBITDA (a Non-GAAP measure). 23% A-EBITDA Margin(²) Upon closing, Zix's resell business will be reported on a "net" basis to conform to Open Text's revenue recognition policies. The net basis recognition will result in Zix's immediate conformance to Open Text Gross Margin Model. 5,600 MSP's OpenText ©2021 All rights reserved 5
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