Open Text : Investor Presentation – January 2020

January 30, 2020 at 10:50 pm

Investor Presentation

NASDAQ: OTEX| TSX: OTEX

January 30, 2020

Safe Harbor Statement

Certain statements in this presentation, including statements about the focus of Open Text Corporation ("OpenText" or "the Company") in our fiscal year ending June 30, 2020 (Fiscal 2020) on growth, anticipated benefits of our partnerships and next generation product lines, the strength of our operating framework and balance sheet flexibility, continued investments in product innovation, go-to-market and strategic acquisitions, M&A continuing to be our leading growth contributor, our capital allocation strategy, creating value through investments in broader Information Management (IM) capabilities, the Company's presence in the cloud and in growth markets, expected growth in our revenue lines, total growth from acquisitions, innovation and organic initiatives, the focus on recurring revenues, improving operational efficiency, expanding cash flow and strengthening the business, adjusted operating income and cash flow, its financial condition, the adjusted operating margin target range, results of operations and earnings, announced acquisitions, ongoing tax matters, the integration of the acquired businesses, declaration of quarterly dividends, future tax rates, new platform and product offerings, scaling OpenText to new levels in Fiscal 2020 and beyond, and other matters, may contain words such as "anticipates", "expects", "intends", "plans", "believes", "seeks", "estimates", "may", "could", "would", "might", "will" and variations of these words or similar expressions are considered forward-looking statements or information under applicable securities laws. In addition, any information or statements that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking, and based on our current expectations, forecasts and projections about the operating environment, economies and markets in which we operate. Forward-looking statements reflect our current estimates, beliefs and assumptions, which are based on management's perception of historic trends, current conditions and expected future developments, as well as other factors it believes are appropriate in the circumstances, such as certain assumptions about the economy, as well as market, financial and operational assumptions. Management's estimates, beliefs and assumptions are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and, as such, are subject to change. We can give no assurance that such estimates, beliefs and assumptions will prove to be correct. Such forward-looking statements involve known and unknown risks, uncertainties and other factors and assumptions that may cause the actual results, performance or achievements to differ materially. Such factors include, but are not limited to: (i) the future performance, financial and otherwise, of OpenText; (ii) the ability of OpenText to bring new products and services to market and to increase sales; (iii) the strength of the Company's product development pipeline; (iv) the Company's growth and profitability prospects; (v) the estimated size and growth prospects of the IM market including expected growth in the Artificial Intelligence market; (vi) the Company's competitive position in the IM market and its ability to take advantage of future opportunities in this market; (vii) the benefits of the Company's products and services to be realized by customers; (viii) the demand for the Company's products and services and the extent of deployment of the Company's products and services in the IM marketplace; (ix) downward pressure on our share price and dilutive effect of future sales or issuances of equity securities (including in connection with future acquisitions); (x) the Company's financial condition and capital requirements; and (xi) statements about the impact of product releases. The risks and uncertainties that may affect forward-looking statements include, but are not limited to: (i) integration of acquisitions and related restructuring efforts, including the quantum of restructuring charges and the timing thereof; (ii) the potential for the incurrence of or assumption of debt in connection with acquisitions and the impact on the ratings or outlooks of rating agencies on the Company's outstanding debt securities; (iii) the possibility that the Company may be unable to meet its future reporting requirements under the U.S. Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, or applicable Canadian securities regulation; (iv) the risks associated with bringing new products and services to market; (v) failure to comply with privacy laws and regulations that are extensive, open to various interpretations and complex to implement including General Data Protection Regulation (GDPR) and Country by Country Reporting (CBCR); (vi) fluctuations in currency exchange rates;

delays in the purchasing decisions of the Company's customers; (viii) the competition the Company faces in its industry and/or marketplace; (ix) the final determination of litigation, tax audits (including tax examinations in the United States and elsewhere) and other legal proceedings; (x) potential exposure to greater than anticipated tax liabilities or expenses, including with respect to changes in Canadian, U.S. or international tax regimes including tax reform legislation enacted through the Tax Cuts and Jobs Act in the United States; (xi) the possibility of technical, logistical or planning issues in connection with the deployment of the Company's products or services; (xii) the continuous commitment of the Company's customers; and (xiii) demand for the Company's products and services. For additional information with respect to risks and other factors which could occur, see the Company's Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the Securities and Exchange Commission (SEC) and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.

About OpenText

The Information Management (IM) Leader

About OpenText

#1 in Content Services and Business Networks(1)
Carbonite Enhances Business Mix and Predictability
- Cyber Resilience: a strategic and growing market
- Predictability: increased cloud subscription business
Durable business model
- 75.6% Annual Recurring Revenue (ARR)(2)
Growing Operating Cash Flows
Strong Balance Sheet

Value Creation Play Book

Total Growth Strategy	INNOVATION
+
Recurring Revenue Growth	REINVEST
+
Margin Expansion	FOR GROWTH
+
Strong Cash Flows	CAPITAL
+	STRUCTURE
Accretive Acquisitions
& DIVIDENDS

1.	See slides titled "OpenText: Leader in Content Services" and "OpenText: Leader in Business Networks" in this presentation.	OpenText Confidential. ©2020 All Rights Reserved.	3
2.	Trailing Twelve Months (TTM) as of December 31, 2019

OpenText is Transforming the World of Decision Making

The Information Advantage

EIMIM

EnterpriseInformation

InformationManagement

Management

Leader(1)in Large and Growing IM Market

Market Area	Customer Value Approach	OpenText Key Product Families
5 Key Vectors


ECM, Business Collaboration, File Sync	Supporting new ways to work	Content Suite, Documentum, Capture,
and Share, Experience	Exstream, Extended ECM


Business Network, Supply Chain, IoT,	Digital Supply Chains, Application	GXS, Liaison, EasyLink, Covisint
ODM	Integration


Security	Information Security, Governance,	Carbonite, Webroot, EnCase
Compliance, Privacy, Endpoints

AI/ML/Advanced Technology	Insight-driven decision making	Magellan

	Building next generation content-based
Vertical Applications	applications (Contracts, Cases, Quality,	Active Applications, Core Applications
	Invoicing, Supply Chain, LegalTech)

1. See slides titled "OpenText: Leader in Content Services" and "OpenText: Leader in Business Networks" in this presentation.	5
OpenText Confidential. ©2020 All Rights Reserved.

OpenText: Leader in Content Services

#1 in Content Services (Platforms)

All content is stored, machine readable, tagged and up-to-date

CHALLENGERSLEADERS

					OpenText
					Microsoft
		Alfresco	IBMHyland

		Laserfiche
Newgen	SER		Box

		Objective	M-Files
		Everteam		Nuxeo
NetDocuments
DocuWare		iManage

Micro Focus		AODocs

NICHE PLAYERS

VISIONARIES

Gartner Magic Quadrant for Content Services Platforms. Michael Woodbridge, Marko Sillanpaa, Lane Severson. Oct. 30, 2019

	LEADERS OpenText
	Newgen	Microsoft
	Software
IBM	SER	Hyland

	Group	Alfresco
M-Files	Nuxeo
Software
GRM	Box
Information
Management	iManage STRONG

Micro Focus	PERFORMERS

CONTENDERS

CHALLENGERS

Forrester Wave™: ECM Content Platforms, Q3 2019, Cheryl McKinnon,

July 24, 2019

All the right data, in the right place, always up-to-date, in the same context

OpenText: Leader in Business Networks

#1 in Business Networks

Platform for Global Commerce and Business to Business Integration

Customers

Suppliers	Trading
Partners

Devices

Purchase orders, invoices, shipment receipt & notifications, local taxes, tariffs,

data privacy, ethical supply chains, IoT Devices & Identity.

	OpenText LEADERS
	Infor GT Nexus
SPS Commerce	E2open
Bamboo Rose	TrueCommerce
Vecco	One Network
	MAJOR PLAYERS
	CONTENDERS
	PARTICIPANTS

IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce

Network 2018 Vendor Assessment, Simon Ellis, December 2018

OpenText + Carbonite: Leader in Cyber Resiliency

Endpoint Protection (EPP)	Endpoint Detection and	Data Protection
	Response (EDR)

Stronger and smarter than	Continuous monitoring and	Automated, granular back-up
traditional antivirus	response to advanced threats	and recovery

Awards and Recognition

Carbonite: Acquisition Closed on December 24, 2019

Announcement	•On December 24, 2019, OpenText completed the acquisition of Carbonite Inc, for
$23.00 per share in cash


	•Carbonite, a leading provider of cloud-based subscription backup, disaster recovery
About Carbonite	and endpoint security to small and medium-sized businesses, consumers, and a wide
variety of partners.
	•Carbonite has over 300,000 SMB customers, 16,000 MSPs, 7 million consumers and
	1,500+ employees

+	Transaction and
Purchase Price

Purchase price of approx. $1.4 billion, inclusive of Carbonite's cash and debt
Total purchase price is approximately 2.8x TTM (Trailing Twelve Months) Carbonite GAAP revenues (as of September 30, 2019), inclusive of annualized full year reported Webroot GAAP revenues, a significant acquisition which closed in March 2019
Funded with OpenText's existing cash on hand and revolver

Projected

Financial Impact

Carbonite Annual Recurring Revenues (ARR) of 90%
Expect significant expansion of cloud revenues and cloud margins
Accretive, and targeting to be on the OpenText operating model by end of Fiscal 2021
OpenText net leverage ratio at closing of approximately 2.3x, with a target to return to less than 2.0x net leverage during the4-5 quarters post close of transaction
For 2H of FY'20, we expect Carbonite revenue to be $195m to $200m, due to PPA and disruption of up to 10% for typical integration activities(1)

1. See slide titled "Carbonite Update and Revenue Impact" in this presentation.

Carbonite Enhances Business Mix and Predictability

Enhances Revenue Predictability

FY'14A	FY'20E(1)
(% of Total Revenues)	(% of Total Revenues)

License & Professional Services

33.5%

24.0%

Cloud

23.0%

36.0%

ARR(Cloud & Customer Support)

66.5%

76.0%

1. FY20 percentages based on midpoint of FY20E target model	OpenText Confidential. ©2020 All Rights Reserved.	10

Most Trusted Companies Trust OpenText

e-Invoicing

Digital Supply Chain

Content & Collaboration Predictive Maintenance

Government of

Canada

Communications &
Compliance	Digital Citizen	Analytics / ML	Connected Cars

Total Growth Strategy

Retain

Information	Grow
Management

Acquire

High Annual Recurring Revenues (ARR), 75.6% (TTM) of total revenues(1)
90%+ renewal rates(2)
CompleteGo-To-Market coverage
- Enterprise & Government
- - Double G10K coverage in 3 years(3)(direct and partners)
- SMB & Consumer -New!
Accelerated Innovation
- $2B in R&D (next 5 years)(3)- Cloud Edition release
Strategic Acquiror
Leverage the OpenText Business System for strategic M&A value creation

1.	Renewal rate does not include Carbonite
2.	Customer Support renewal rate is typically in the low 90's and Cloud services and subscriptions renewal rate is typically in the mid-90's (does not include Carbonite) OpenText Confidential. ©2020 All Rights Reserved. 12
3.	Target as of Investor Day, September 6, 2019

Retain: Our World Class Customer Base

Annual Recurring

Revenue (ARR) (US$ M)

$2,220

106%

$1,080

FY'14

Q2 FY'20 TTM

Renewal Rates(1): Cloud: mid 90%'s

Off Cloud CS: low 90%'s

Key Metrics(1)

90%

Margin for Customer

Support

95%

Customer Satisfaction

+10 NPS*

in last year

* Net Promoter Score

Benefits & Opportunity

Steady consumable stream from our install base
The Value Advantage:
- 24 x 7, global support
- Product and service updates
- New versions
- Security updates
Price increases expected to have a positive effect in FY'21
Artificial Intelligence & Machine Learning to continue enhancing the business

1. Does not include Carbonite	OpenText Confidential. ©2020 All Rights Reserved.	13

Grow: Through Market Leadership

Three Pillars of Growth

Content Management

Business Network

•Content Suite		•GXS
•Documentum		•Liaison
•	Exstream		•	EasyLink
•	Extended ECM		•	Covisint

Cyber Resilience

Carbonite
Webroot
EnCase

Grow: Through Cloud Migration

	Trust
Managed	SaaS IM
Services	Offerings
99.99%	Security
Availability	Agility

Hybrid &	Lower TCO
Integrated

Any 2 Any	Compliant & based	Private and Public
Integration	on Standards	Cloud Options

Grow: Through Managed Services(1)in the Cloud

•3,000+ Cloud customers over
3,000+	5 years
•Faster than internal IT
•	30% lower TCO(2)
•99.99% - best in class uptime
•	Highly secure
•	Never upgrade again

2015	2016	2017	2018	2019

	1.	Data excludes Carbonite			OpenText Confidential. ©2020 All Rights Reserved. 16
	2.	TCO - Total Cost of Ownership

Grow: Through Innovation - Cloud Edition (CE)

Significant Business Model Benefits

Past

Recent

April 2020

Future

Many Point Products	Product Families	Cloud Platform

Content Management

Release 16 CE

OT2 Cloud Platform

Encase

Magellan

Core Apps

Business Network Cloud

OpenText CE 20.2

Cloud First

Standardized services platform
Simplified sales and customer engagement
Improved speed of customer deployment and upgrade

Grow: Through Complete Go-To-Market

Enterprise Government(G10K)

OpenText Solutions

Target Market: Global 10K

40% covered today (through our direct organization)
3-yearplan to double our coverage(1)(direct and through partners)
2,000 Field Facing Professionals
- Global Accounts
- Enterprise Accounts
- Corporate Accounts

Small and Medium	Consumer
Businesses (SMB)

Carbonite Solutions

16,000 Partners	7M Consumers
•	Online	•	Online
•	Retail	•	Retail

MSPs
VARs
RMMs
OEMs

1. Target made on Investor Day 2019, Sept. 6, 2019

Grow: Recent Partnership Announcements

"New OpenText Content	"Google Cloud has	"OpenText and	"Gained a strong
Management Services	selected OpenText as its	Mastercard Partner to	channel partner through
to be delivered through	preferred partner for	Transform Financial	the acquisition of
SAP®Cloud Platform."	Enterprise Information	Processes Across	Carbonite"
May 8, 2019	Management Services."	Global Supply Chains."	Dec. 24, 2019
July 9, 2019	July 11, 2019

Plus: Strategic Partners, Global System Integrators and 1000s of MSPs, OEMs, VARs, RMMs, and Retail

Grow: Carbonite SMB Partnerships

Acquire: Our Criteria

Leadership Position	Value for OpenText's Customers	Mission Critical
In Key Market Segments

Financially Compelling
	Larger Customer Base	Long Operating History & IP
High Teens ROIC

Solid Track Record of High-Teens ROIC and Operating Cash Flows

Acquire: OpenText Business System Creates Strategic Value

Total Growth

Return on Invested Capital

(ROIC)

Integration	Total	Customer-Driven Innovation
Growth

Systems, Tools, Methods

Strategic	Operational
Acquisitions	Excellence

Diligence

Best Teams Win

Dividend,

Capital Investment,

Talent Investment

Disciplined	Key
Capital
Metrics
Allocation

Value Orientation

Annual Recurring Revenue,

A-EBITDA $,

OCF

Acquire: Track Record of Success

Content Management

Business Networks and Other

			$6.2bncapital deployed
			since FY'14(2)
Enterprise Content Division	18.7%ROIC in FY '19	(3)

					HP CEM & CCM Software(1)
1991
Founded	1996
out of											Joined
University	OpenText IPO on
of Waterloo		NASDAQ								TSX60


			2012	2014	2015	2016	2017	2018	2019

Note: Timeline based on calendar year, including select transactions.	Approx. $1.4B purchase price

1.	CEM - Customer Experience and Content Management. CCM - Customer Communications Management.
2.	Inclusive of the total consideration for the Carbonite acquisition.	OpenText Confidential. ©2020 All Rights Reserved. 23
3.	Exclusive of Carbonite. See page 20 on OpenText's Investor Presentation dated August 1, 2019.

Proven Durable Business Model

Annual Recurring

Revenue (ARR) (US$ M)

$2,220

A-EBITDA & Margin(1),(2)

(US$ M)

$1,117

Operating Cash Flows(2)

(US$ M)

$860

106%

$1,080

108%

$538

38.1%

106%

$417

33.1%

38.4%

FY'14

Q2 FY'20 TTM

Renewal Rates(3): Cloud: mid 90%'s

Off Cloud CS: low 90%'s

33.1%

FY'14

Q2 FY'20 TTM

A-EBITDA Margin(1)

+500 bps since FY'14

FY'14

Q2 FY'20 TTM

StrongAnnual Operating

Cash Flows

1.	Please see reconciliation of GAAP to Non-GAAP measures in our historical filings.	OpenText Confidential. ©2020 All Rights Reserved. 24
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.
3.	Does not include Carbonite

Total Growth Strategy: FY'20

Total Revenue Growth

(US$ M)

FY'20 Business Profile (including Carbonite)

$2,935

11%

CAGR

$1,625

FY'14

Q2 FY'20 TTM

License

Cloud

Customer Support

Professional Services

M&A

Total Growth

OpenText Investor Day

September 6, 2019

Constant $ year-over-year

High-single digit growth

Constant to low-single digit

growth

Constant $ year-over-year

Optimized for margins

Additive M&A revenues

Low-single digit organic growth + additive M&A revenues

Post Carbonite Acquisition

January 30, 2020

Low to mid single digit growth

Low to mid 20% growth

Constant to low-single digit

growth

Constant $ year-over-year

Optimized for margins

Additive M&A revenues

Low-single digit organic growth + additive M&A revenues

FY'20Target Model


	Fiscal 2019 Results	Previous FY'20 Model		Revised FY'20 Model(3)

Revenue Type:
Annual Recurring Revenue (ARR)	75.1%	74%	- 76%		75%	- 77%
License	14.9%	13%	- 17%		13%	- 17%
Cloud Services and Subscriptions	31.6%	31%	- 35%		34%	- 38%
Customer Support	43.5%	40%	- 44%		38%	- 42%
Professional Services and Other	9.9%	8% - 12%		7% - 11%
Non-GAAP Gross Margin
License	96.6%	96%	- 98%		96%	- 98%
Cloud Services and Subscriptions	57.8%	57%	- 59%		58%	- 60%
Customer Support	90.1%	89%	- 91%		89%	- 91%
Professional Services and Other	21.8%	18%	- 20%		18%	- 20%
Non-GAAP Gross Margin	74.1%	73%	- 75%		73%	- 75%
Non-GAAP Operating Expenses:
Research & Development	11.0%	11% - 13%		11% - 13%
Sales & Marketing	17.8%	17%	- 19%		18%	- 20%
General & Admin	6.9%	6%	- 8%		6%	- 8%
Depreciation	3.4%	2%	- 4%		2%	- 4%
A-EBITDA Margin(1)	38.4%	38% - 39%		36%	- 37%
Interest and Other Related Expense USD million	$136.6	$140	- $145		$147	- $152
Adjusted Tax Rate(2)	14%	14%		14%
Capital Expenditures	$64	$88	- $98		$88	- $98

1.	Please see reconciliation of GAAP to Non-GAAP measures in our historical filings on Form 10K.
2.	Please refer to historical filings, including our Forms 10-K and 10-Q, regarding the company's adjusted tax rate.	OpenText Confidential. ©2020 All Rights Reserved. 26
3.	This model is not guidance. Revised to reflect the acquisition of Carbonite.

Carbonite Update and Revenue Impact

Expect revenue for the 2H of FY'20 to be $195m to $200m, after purchase price accounting (PPA) and disruption of up to 10% for typical integration activities
OpenText will recognize $171.5M of deferred revenue over the life of the contracts after PPA adjustments totaling $74.9M(1)
For FY'20, expect Carbonite to be slightly accretive toA-EBITDA dollars and A-EPS

Estimated PPA Amortization (Millions)

	FY'20				FY'21		FY'22+	Total

Q2	Q3	Q4	Q1	Q2	Q3	Q4
$3.1	$22.7	$16.7	$11.5	$6.4	$3.5	$2.7	$8.3	$74.9

1. Unaudited and subject to measurement period adjustments.	OpenText Confidential. ©2020 All Rights Reserved.	27

FY'22 Long-Term Aspirations

A-EBITDA Margin(1)(2)

38%-40%

38.1%

+500 bps

33.1%

FY'14

Q2 FY'20 TTM

Operating Cash Flows(2)

$1.0B-$1.1B

$860M

106%

$417M

FY'14

Q2 FY'20 TTM

1.	Please see reconciliation of GAAP to Non-GAAP measures in our historical filings.	OpenText Confidential. ©2020 All Rights Reserved.	28
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.

FY'22 Long-Term Aspirations & Roadmap

38% to 40% Adj. EBITDA

However, we will remain disciplined while we

invest:We will remain disciplined, while we invest

A-EBITDA Margin (%) & (US$ M)

40.0%

	36.8%	34.7%	36.2%	38.4%
33.1% 33.7%	(ECD2)

					A-EBITDA
				$1100	Margin Aspiration
				Target of 38% to
		$672	$1020
		$794		40%

$538	$624

FY'14 FY'15 FY'16 FY'17 FY'18	FY'19 FY'20 FY'21 FY'22

A-EBITDA margin aspiration of 38% to 40% is an ideal zone for OpenText

We are ranked in the upper quartile performance among peers(1)

Above 40% A-EBITDA, we plan to reinvest for future growth:

Innovation, products, engineering capacity
Sales capacity & coverage, investment in partners, and marketing

1.	Source: Bloomberg. Based on Bloomberg's calculation of EBITDA Margin (January 14, 2020). Peer group consists of selected universe of 160 peer companies	OpenText Confidential. ©2020 All Rights Reserved.	29
2.	OTEX integrated the acquisition of Dell-EMC Enterprise Content Division (ECD) at low-teens EBITDA in FY'17

FY'22 Long-Term Aspirations & Roadmap

		OCF Target of $1B to $1.1B in FY'22
invest:	•	Driven by higher profitability, productivity enhancements
	•	Use of AI in collections, higher leverage in procurement and
		vendor management

Operating Cash Flows (US$ M)


		OCF target of	$1,100
$708	$876	$1B to $1.1B

$417	$522	$524	$440

FY'14	FY'15	FY'16	FY'17	FY'18	FY'19	FY'20	FY'21	FY'22
								Aspiration

Strong Liquidity & Balance Sheet

Cash Generated for M&A		Trended Net Leverage

TTM Q2 FY'20 (US$ M)

2.3x leverage post $1.4B acquisition of Carbonite

Consolidated Net Leverage Ratio(1)

OCF$860

Less: Principal

$10

Documentum
Acquisition
Closing		2.6x
2.5x	2.4x
2.3x

Carbonite

Acquisition

Closing

2.3x

Less: CapEx

$69

Less: Dividends

$182


TTM Cash Generated	$599
for M&A

2.0x	1.9x		1.9x
	1.7x
		1.7x	1.5x	1.5x

Q3 FY'17 Q4 FY'17 Q1 FY'18 Q2 FY'18 Q3 FY'18 Q4 FY'18 Q1 FY'19 Q2 FY'19 Q3 FY'19 Q4 FY'19 Q1 FY'20 Q2 FY'20

1. Consolidated Net Leverage Ratio is calculated using bank covenant methodology.	OpenText Confidential. ©2020 All Rights Reserved.	31

Experienced Executive Leadership Team (ELT)

Mark J.	Madhu	Muhi	Gordon	Ted	James	Craig
Barrenechea	Ranganathan	Majzoub	Davies	Harrison	McGourlay	Stilwell
CEO and CTO	EVP,	EVP,	EVP,	EVP,	EVP,	EVP,
	CFO	Chief Product Officer	CLO & Corporate	Sales	Customer Operations	SMB & Consumer Sales
			Development

Patty	Prentiss	Paul	Brian	Doug	David	Savinay
Nagle	Donohue	Duggan	Sweeney	Parker	Jamieson	Berry
SVP,	SVP,	SVP,	SVP,	SVP,	SVP,	SVP,
CMO	Portfolio Group	Revenue Operations	CHRO	Corporate Development	CIO	Cloud Service Delivery

Thank you

www.opentext.com

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Open Text Corporation published this content on 30 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 January 2020 22:49:19 UTC

Market Closed - Nasdaq Other stock markets 21:00:00 26/06/2024 BST			5-day change	1st Jan Change
29.65 ^USD	-0.37%		+2.60%	-29.44%

06-21	CIBC Adjusts Open Text Price Target to $36 From $38.50, Maintains Neutral Rating	MT
06-14	Open Text "Cloud for Government" Offering Authorized Under U.S. FedRAMP	MT

CIBC Adjusts Open Text Price Target to $36 From $38.50, Maintains Neutral Rating	06-21	MT
Open Text "Cloud for Government" Offering Authorized Under U.S. FedRAMP	06-14	MT
OpenText Named a Leader in Document Mining and Analytics Platforms Report	05-31	MT
Open Text Acquires Cybersecurity Platform Pillr From Novacoast	05-22	MT
Open Text Buying Cybersecurity MDR Platform; No Financial Details Given	05-22	MT
Open Text Brief: Buying Cybersecurity MDR Platform	05-22	MT
Open Text Corporation acquired The Pillr technology from Novacoast, Inc.	05-21	CI
Open Text Outlook Revised to 'Stable' From 'Negative' by S&P Following Debt Repayment	05-08	MT
Open Text Reduces Debt by $2 Billion	05-08	MT
Open Text Says Completed US$2 Billion Debt Reduction	05-08	MT
Open Text Brief: Says Completed US$2 Billion Debt Reduction	05-08	MT
Open Text Gets Outperform Rating, US$45 Price Target, from RBC Capital Markets	05-06	MT
Open Text Price Target Lowered to US$45 at RBC	05-06	MT
OpenText Empowers Cyber Defenders with Innovations to Outmaneuver Sophisticated Threats	05-06	CI
TSX rise as US payroll data up hopes of early rate cut	05-03	RE
Open Text Target Price Cut by National Bank Following Q3 Results, Rating Confirmed	05-03	MT
Open Text Declines 20%, Raymond James Lowers Price Target to US$48	05-03	MT
Wall Street rises thanks to good and bad economic news	05-03
BMO Capital Downgrades Open Text to Market Perform From Outperform, Cuts Price Target to $38 From $50	05-03	MT
ANALYST RECOMMENDATIONS : Alphabet, Amgen, Starbucks, PayPal, Moderna...	05-03
Open Text Fiscal Q3 Non-GAAP Earnings, Revenue Increase	05-02	MT
Transcript : Open Text Corporation, Q3 2024 Earnings Call, May 02, 2024	05-02
OpenText Fiscal Q3 Profit Rises 71% on Higher Sales; Adjusted Result Matches Expectations	05-02	MT
Open Text Brief: Announcing US$250 Million Share Repurchase Program	05-02	MT
Open Text Corporation announces an Equity Buyback for 13,643,472 shares, representing 5% for $250 million.	05-02	CI

	1st Jan change	Capi.
OPEN TEXT CORPORATION	-29.44%	7.9B
ORACLE CORPORATION	+31.11%	381B
SERVICENOW, INC.	+6.71%	155B
CONSTELLATION SOFTWARE INC.	+17.74%	59.86B
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Open Text Corporation

Equities

OTEX

CA6837151068

Software

Open Text : Investor Presentation – January 2020

Latest news about Open Text Corporation

Chart Open Text Corporation

Company Profile

Income Statement Evolution

Ratings for Open Text Corporation

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Enterprise Software