OpenText Investor Presentation Deck

Cloud Acceleration in a Proven Durable Business Model ARR % of Total Revenues Cloud % of Total Revenues A-EBITDA (¹) Margin opentext TN Cloud is our largest revenue contributor at $1.5B 54.4% 29.1% 0% Growing Cloud and ARR While Delivering Upper Quartile Margin (1), (2) FY'12 H FY'13 FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20 FY'21 82.0% 43.9% 36.2% FY¹22 FY'23 Model (% of Total Revenues) ARR 81% - 83% Cloud 44% -46% A-EBITDA Margin 36% - 36.5% 1. 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. 2. Refer to note 1 of our Fiscal 2019 10-K for details on the impact of recently adopted accounting standards on prior period results. 32

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