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Rapid Eight Full Quarter Deleveraging Program Pro Forma Total Debt (Expected as of 3/31/23) $9.3B Total Debt opentext™ 6.3% Weighted Avg. Interest Rate opentext™ 1. 2. 3. Long-term Debt Reduction of at least $175M per quarter Expect to commence Q4 F'23 ending June 30, 2023 5.9 yrs Weighted Avg. Maturity 46% Total Debt Fixed Consolidated Net Leverage Ratio (¹) 3.8x Micro Focus Close Jan. 31, 2023 <3.0x Within 8 Full Quarters Consolidated Net Leverage Ratio (pro forma) is calculated using bank covenant methodology. Cumulative Dividends Paid from F'13 to Q2 F'23. Declaration of dividend subject to board discretion. $18 F'13 Continuation of Dividend Program) 10 consecutive years of increased dividends paid (²) $1.48B returned to Shareholders from F'13 to F'23 YTD $75 F'14 $88 $99 $121 $146 $169 $189 $211 $238 F'15 F'16 F'17 F'18 F'19 F'20 F'21 F'22 Dividends Paid (USD$M) OpenText ©2023 All rights reserved 23

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