OTEX · Open Text Corp

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced its financial results for the second quarter ended December 31, 2025. "We had an excellent quarter, led by 18% revenue growth in our Content Management cloud business," said James McGourlay, Interim Chief Executive Officer. "OpenText is at the forefront of Enterprise Information Management for AI, and at our recent OpenText World conference, our customers and partners demonstrated on the main stage how they leverage our Aviator AI solutions to solve complex problems, bringing insights, security and compliance to their information and most sensitive data. I would also like to welcome Ayman Antoun to the CEO role at OpenText, and I look forward to working with him on a smooth and steady transition." James McGourlay, OpenText Interim Chief Executive Officer "With strong adjusted EBITDA margin and free cash flow performance in the quarter, the strength of the OpenText operating model continues to drive our

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest Vertica, a part of its non-core Analytics portfolio, to Rocket Software Inc., a Bain Capital portfolio company ("Rocket Software") for US$150 million in cash, before taxes, fees and other adjustments. "We are executing on our strategic plan, focusing on our core product offerings, our expertise in secure data for Enterprise AI, and cloud solutions that provide strategic choice and flexibility for our customers," said P. Thomas Jenkins, OpenText Executive Chairman of the Board and Chief Strategy Officer. "By rationalizing non-core assets, we are strengthening the portfolio, reinforcing our capital allocation framework, and positioning OpenText to accelerate long-term growth and shareholder value." Vertica is part of OpenText's Analytics product group. In OpenText's fiscal year ended June 30, 2025, Vertica

OpenText Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText" or the "Company") today announced that its Board of Directors ("Board") has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20, 2026. Mr. Antoun brings more than three decades of global technology, operating discipline and transformation leadership to OpenText, built over a seasoned career in the information technology industry. As President of IBM Americas, he led the company's largest and most complex business across the U.S., Canada, and Latin America. During his tenure at IBM, he drove major advancements in cloud, infrastructure, cybersecurity, cognitive solutions and digital modernization. "The Board is very pleased to welcome Ayman to OpenText, and as we look ahead to the Company's future, the Board believes that he is the best leader to drive shareholder value by growing revenue in our core Enterprise Information Management for training Agentic AI business," said P. Thomas

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has successfully completed its previously announced divestiture of an on-premise solution, eDOCS, a part of its Analytics portfolio, to NetDocuments Software, Inc., for $163 Million in cash before taxes, fees and other adjustments. "The closing of this transaction reinforces our strategic commitment to divest non-core assets as we continue to sharpen our focus on growing our core business to accelerate long-term value creation," said Tom Jenkins, OpenText Executive Chairman of the Board and Chief Strategy Officer. OpenText intends to use the net proceeds from the divestiture to reduce outstanding debt. About OpenText OpenText™ is a global leader in secure information management for AI, helping organizations protect, govern, and activate their data with confidence. Our technologies turn data into information with context to form the knowledge base for AI. Learn more at www.opentext.com . Cautionary Statement

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its second quarter fiscal year 2026 will be released on Thursday, February 5, 2026, at approximately 4:00 p.m. ET. OpenText to Host Conference Call Webcast The earnings call will be hosted on February 5, 2026, at 5:00 p.m. ET by OpenText Executive Chair & Chief Strategy Officer, Tom Jenkins, OpenText Interim Chief Executive Officer, James McGourlay and OpenText Executive Vice President & Chief Financial Officer, Steve Rai. The webcast will be accessible via the OpenText Investor Relations website. Date: Thursday, February 5, 2026 Time: 5:00 p.m. ET / 2:00 p.m. PT Length: 60 minutes Webcast: Access on OpenText IR website For more information, please visit: https://investors.opentext.com About OpenText OpenText™ is a global leader in secure information management for AI, helping organizations protect, govern, and activate their data with confidence. Our technologies turn data into