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Be a Climate Innovator

FCF OpenText-Micro Focus Financial Integration Framework) A-EBITDA 2H F'23 Workforce reductions (~$240M) 1H F'24 2H F'24 1H F'25 2H F'25 F'26 Cost Savings $400M Amounts represent annualized savings Integration Expense $80M Facilities consolidation (~$23M) Vendor consolidation, strategic procurement, (~$140M) System alignment and integration expense (~$80M) Special Charges $380M to $420M Severance, restructuring costs, advisory support and others (~$200M) Global entities simplification, tax structure initiatives, technology footprint optimization (~$200M) Targets and Aspirations Adj. EBITDA (2) Margin F'23 F'24 32.5% to 33.5% 36% to 38% FCF (3) $0.58% to $0.62B $0.8B to $0.9B Bars represent when actions will be substantially recognized on OpenText financial statements As of May 4, 2023. Subject to change. 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. 1. opentext™ 2. 3. FCF is on a reported basis. F'26 38% to 40% $1.5B+ Adj. EBITDA FCF OpenText ©2023 All rights reserved 21
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