Open Text (NasdaqGS:OTEX) FY 2025 Annual General Meeting December 09, 2025 10:00 AM ET Company ParticipantsGreg Secord - VP of of Investor RelationsJulie Millard - VP of Corporate Responsibility and SustainabilityMichael Acedo - EVP, President, Chief Legal Officer, and Corporate SecretaryTom Jenkins - Executive ChairJennifer Kerr - VP of Customer Programs and Waterloo SiteOperatorHello, and welcome to the annual meeting of shareholders of OpenText Corporation. Please note that today's meeting is being recor ...

Financial Data and Key Metrics Changes - The annual meeting confirmed the election of seven directors and the ratification of Grant Thornton LLP as the independent registered public accounting firm for the year ending June 30, 2026 [3][11] - The stay-on-pay proposal and the amendment to the 2021 Stock Incentive Plan were also approved, increasing the number of shares available for issuance from 14,450,000 to 21,950,000 [3][11] Business Line Data and Key Metrics Changes - No specific data or metrics regarding individual business lines were discussed during the meeting [3][11] Market Data and Key Metrics Changes - No specific market data or metrics were provided during the meeting [3][11] Company Strategy and Development Direction and Industry Competition - The company is focused on governance through the election of directors and the approval of compensation plans, indicating a commitment to aligning management incentives with shareholder interests [3][11] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [3][11] Other Important Information - The meeting was conducted virtually, and stockholders were encouraged to submit questions through the virtual meeting page [5][10] - The final report of the inspector of elections will be filed with the minutes of the annual meeting [12] Q&A Session All Questions and Answers - No specific questions or answers were recorded during the Q&A session of the meeting [10][12]

Financial Data and Key Metrics Changes - The company reported a total of 7,535,080 shares of common stock issued and outstanding as of the record date [6] - Approximately 45.35% of the outstanding common stock was represented at the meeting, with 3,417,857 shares entitled to vote [21] - The Auditor Ratification Proposal received 3,245,049 votes in favor, representing approximately 86.57% of shares present or by proxy [21] Business Line Data and Key Metrics Changes - The meeting included proposals for the election of six directors and the ratification of the independent auditor, indicating a focus on governance and oversight [11][15] Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company is focused on governance through the election of directors and the ratification of auditors, which is essential for maintaining investor confidence and regulatory compliance [11][15] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - The 2019 Omnibus Equity Incentive Plan was amended to increase the number of shares authorized for issuance to 3 million, reflecting a strategy to incentivize employees and align their interests with shareholders [17] Summary of Q&A Session - There were no questions or answers recorded during this meeting, as the focus was primarily on voting and procedural matters

Financial Data and Key Metrics Changes - The meeting received the audited consolidated financial statements for the year ended December 31, 2024, along with the auditor's report, but no vote was required on these financial statements [13][14]. Business Line Data and Key Metrics Changes - No specific data or metrics related to individual business lines were discussed during the meeting [32]. Market Data and Key Metrics Changes - No specific market data or metrics were presented during the meeting [32]. Company Strategy and Development Direction and Industry Competition - The company is focused on maintaining shareholder rights and ensuring participation in meetings, indicating a commitment to transparency and governance [2][4]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [32]. Other Important Information - The number of directors was fixed at seven, and all nominated directors were elected [29]. - CBIZ, Inc. was reappointed as the auditors of the corporation [30]. - The ordinary resolution approving the stock option plan and all unallocated stock options was approved [30]. Q&A Session All Questions and Answers Question: Were there any questions submitted during the Q&A session? - No questions were submitted during the Q&A session [33].

Financial Data and Key Metrics Changes - The company held its Annual General Meeting on June 14, 2024, where key financial matters were discussed, including the compensation of named executive officers set at $20.23 million for the year [13][20]. Business Line Data and Key Metrics Changes - No specific data regarding individual business lines was provided during the meeting [17]. Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [17]. Company Strategy and Development Direction and Industry Competition - The company ratified the appointment of Forvis LLP as its independent registered public accounting firm for the year ending December 31, 2024, indicating a focus on maintaining strong governance and compliance [10][20]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [17]. Other Important Information - The election of six directors was successfully conducted, with all nominees receiving sufficient votes [20]. - The meeting was conducted in a structured manner, allowing for voting on key matters and a question-and-answer session, although no questions were submitted by stockholders [17][18]. Summary of Q&A Session Question: Were there any questions from stockholders? - There were no questions submitted by stockholders during the meeting [18].