OpenText Results Presentation Deck

Reconciliation of Selected Non-GAAP Measures | F19 Year Ended June 30, 2019 (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 OpenText GAAP-based earnings per share / Non-GAAP-based earnings per share- diluted, attributable to Open Text opentext™ $ $ GAAP 383,993 124,343 224,635 183,385 1,938,052 321,836 518,035 207,909 189,827 35,719 567,010 10,156 154,937 285,501 1.06 GAAP % of Total Revenue 67.6% $ $ CA Adjustments FN (948) (1) (1,242) (1) (1,764) (1) (183,385) (2) 187,339 (3) (4,991) (1) (7,880) (1) (9,945) (1) (2) (4) (189,827) (35,719) 435,701 (5) (10,156) (6) (33,680) (7) 459,225 (8) 1.70 (8) $ $ Non- GAAP 383,045 123,101 222,871 2,125,391 316,845 510,155 197,964 1,002,711 121,257 744,726 2.76 Non-GAAP % of Total Revenue 74.1% Open Text Confidential. ©2020 All Rights Reserved. 27

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