OpenText Investor Presentation Deck

Driving Annual Recurring Revenue Growth Customer Choice Maximizes the Opportunity to Grow and Take Share Most Customers Have Multiple Deployment Types Cloud (public, private, APIs) Accelerate the Cloud and... Growing portfolio of public cloud/SaaS and APIs driven by Titanium $511M TTM Q2 F'23 enterprise cloud bookings(²), +25% y/y • Immediately offering a private cloud option for all major Micro Focus offerings • Untap further opportunities with Hyperscalers Double-digit enterprise cloud bookings growth 75% of executives cite talent availability as main adoption risk for IT automation technologies (³) opentext™ ARR (¹) Growth ● 16% ARR CAGR F'11 to F'22 Off-Cloud ...Protect & Expand Customer Investment License • Off-cloud is the preferred choice for some customers and workloads • Installed base places Open Text in incumbent position to capture more share • Off-cloud generate higher margin and cash flow Foundation for growth, margin and cash flow Professional Services Key Enabler of Customer Success • Key capabilities to deliver strategic value to customers Core enabler for uplifting Micro Focus' customers to the cloud Customer Support Uplift Micro Focus renewals to OpenText standards through: 1. Annual recurring revenue (ARR) as a % of total revenues and is defined as the sum of cloud services and subscriptions revenue and customer support revenue. 2. Enterprise cloud bookings is defined as the total value from cloud services and subscription contracts, entered in the period that are new, committed and incremental to our existing contracts, excluding the impact of Carbonite and Zix. 3. https://www.gartner.com/en/newsroom/press-releases/2021-09-13-gartner-survey-reveals-talent-shortages-as-biggest-barrier-to-emerging-technologies-adoption Centralized renewals • Annual price adjustments • Premium support and ● Other value offerings ● Strong track record of increasing customer support to license ratio ● • Key differentiator for maintaining and uplifting mission critical applications where talent pools are scarce • Optimal for large enterprises with complex cloud and off-cloud environments and where failure is not an option OpenText ©2023 All rights reserved 33

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