{
  "docId": "019de515-cf1a-7428-b9c6-8bed1ee3a558",
  "docSlug": "347671117d84422cfcf53d9e62405443",
  "documentTitle": "OpenText | Investor Presentation Deck | 57 slides",
  "authorId": "opentext",
  "authorName": "OpenText",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 23,
  "pageCount": 57,
  "prevPage": 22,
  "nextPage": 24,
  "slideType": "roadmap",
  "function": "plan_implementation",
  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de515-cf1a-7428-b9c6-8bed1ee3a558/23",
  "deckHref": "/decks/019de515-cf1a-7428-b9c6-8bed1ee3a558",
  "deckJsonHref": "/decks/019de515-cf1a-7428-b9c6-8bed1ee3a558.json",
  "deckAnchorHref": "/decks/019de515-cf1a-7428-b9c6-8bed1ee3a558#slide-23",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.11,
        "x": 0.76,
        "y": 0.86
      },
      "kind": "list",
      "text": "< 3x Leverage\nNet Debt to A-EBITDA (1)\nwithin 8 full quarters",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ebedccb-6028-4f66-85d1-a3969775d00e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.615,
        "y": 0.702
      },
      "kind": "list",
      "text": "Continue integrating Micro\nFocus with Titanium X",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1828cf97-ed94-4ee0-a490-3d1493992cda",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.07,
        "x": 0.189,
        "y": 0.617
      },
      "kind": "list",
      "text": "95% off-cloud\n94% cloud",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "19292d2d-b61e-494e-9760-6918928c978b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.109,
        "x": 0.189,
        "y": 0.389
      },
      "kind": "list",
      "text": "Total growth\nAccelerating cloud growth\n80%+ ARR",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2448a47f-024e-4318-8a01-410defa5d54f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.76,
        "y": 0.702
      },
      "kind": "list",
      "text": "Complete integration of Micro\nFocus with Titanium X",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "253b31b4-3225-4306-b008-d4422818bdbb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.017,
        "w": 0.11,
        "x": 0.76,
        "y": 0.799
      },
      "kind": "list",
      "text": "Complete GTM alignment",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2d52e0a8-e4f6-48b7-8702-073dbbbc1416",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.615,
        "y": 0.503
      },
      "kind": "list",
      "text": "Micro Focus on OpenText\nA-EBITDA model",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3b45cb6a-352c-4dd1-96e7-c5108f5869c4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.47,
        "y": 0.599
      },
      "kind": "list",
      "text": "Deliver improvements in Micro\nFocus renewals",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3c8f59b3-788d-4646-891e-f653b34143a1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.76,
        "y": 0.503
      },
      "kind": "list",
      "text": "Maintain F'25 A-EBITDA\naspirations of 37%-39% (1)",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e5835ba-07c7-4776-9d58-c27ef04dae7b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.615,
        "y": 0.389
      },
      "kind": "list",
      "text": "Continue Micro Focus uplift to\ncloud",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5f035ed1-f86c-43f7-a0be-778a13c867b7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.47,
        "y": 0.86
      },
      "kind": "list",
      "text": "Deleveraging and continuation\nof Dividend Program",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6dbf7209-aae8-4b4f-aaab-ce36eb3379a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.189,
        "y": 0.799
      },
      "kind": "list",
      "text": "Tracking to full G10K coverage\nby end of C'23",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7f4f142c-9bfb-4706-b26c-f29b0698c7f4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.017,
        "w": 0.11,
        "x": 0.47,
        "y": 0.799
      },
      "kind": "list",
      "text": "Begin GTM alignment",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8bc3602c-c733-4fa2-8c5d-1c2e6914fdb9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.47,
        "y": 0.503
      },
      "kind": "list",
      "text": "Improve A-EBITDA to FCF\nconversion at Micro Focus",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "91d6acb9-a136-40d4-b4db-e156609fc88d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.44,
        "w": 0.14,
        "x": 0.04,
        "y": 0.406
      },
      "kind": "list",
      "text": "Revenue & Growth\nProfitability & Cash Flows\nRenewals\nProducts\nSales\nCapital Allocation Leverage & other",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a1b671a7-6f06-4226-8b09-8ac2a41fc345",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.325,
        "y": 0.702
      },
      "kind": "list",
      "text": "Analyze and refine converged\nTitanium X roadmap",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a992e1bb-239b-4acb-b123-3f35f236da6b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.017,
        "w": 0.11,
        "x": 0.615,
        "y": 0.799
      },
      "kind": "list",
      "text": "Continue GTM alignment",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aada7ceb-d7f1-469e-8b34-47746f364a95",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.325,
        "y": 0.781
      },
      "kind": "list",
      "text": "Analyze and refine converged\nGTM roadmap",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aba21639-932d-44a6-a7fa-e95cd0950ce8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.615,
        "y": 0.599
      },
      "kind": "list",
      "text": "Continue improvement in Micro\nFocus renewals",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "af550a07-6599-4870-bc91-eeaf3d3ffcf6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.017,
        "w": 0.109,
        "x": 0.189,
        "y": 0.72
      },
      "kind": "list",
      "text": "Titanium innovation roadmap",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bb0565a6-a7bb-4cb4-b72b-eb506ead8570",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.325,
        "y": 0.86
      },
      "kind": "list",
      "text": "Deleveraging and continuation\nof Dividend Program",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bcf4955e-1cef-4bbd-a51a-6f25d189f5ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.11,
        "x": 0.189,
        "y": 0.503
      },
      "kind": "list",
      "text": "Upper quartile A-EBITDA\nStrong FCF generation",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c5822faf-6a50-40eb-8426-009f3a42b381",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.11,
        "x": 0.76,
        "y": 0.389
      },
      "kind": "list",
      "text": "Micro Focus generates\norganic growth\nCloud returns as largest\nrevenue stream",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c723d86d-2f90-4fbc-b323-b48f08c3540c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.325,
        "y": 0.389
      },
      "kind": "list",
      "text": "Engage customers on vision\nand benefits",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c986c9ec-e5e9-4c3c-ad48-2e9328632aaf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.47,
        "y": 0.389
      },
      "kind": "list",
      "text": "Begin uplift Micro Focus\ninstalled base to cloud",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cc9d30f3-41e0-4f19-aa18-326373c75c9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.76,
        "y": 0.599
      },
      "kind": "list",
      "text": "Micro Focus renewals at\nOpenText standards",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d0188149-3371-4942-9a22-a4b94df108a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.067,
        "w": 0.11,
        "x": 0.325,
        "y": 0.486
      },
      "kind": "list",
      "text": "Maintain upper quartile A-\nEBITDA for both companies\nEliminate duplicative costs\nContinue Micro Focus savings",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d18163a5-6072-4d75-bced-2153ad0180c6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.47,
        "y": 0.702
      },
      "kind": "list",
      "text": "Begin alignment of Micro Focus\nproducts with Titanium X",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d5b41925-a85d-44f3-8825-ba1f423dded1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.615,
        "y": 0.86
      },
      "kind": "list",
      "text": "Deleveraging and continuation\nof Dividend Program",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "db51a175-c994-47a6-9676-a0856a475d89",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.033,
        "w": 0.11,
        "x": 0.325,
        "y": 0.599
      },
      "kind": "list",
      "text": "Apply OpenText renewal best\npractices",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f5c18ff4-daf6-4c99-9e2b-0867621039f5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.548,
        "x": 0.184,
        "y": 0.935
      },
      "kind": "source-note",
      "text": "1. Please refer to \"Reconciliation of selected GAAP-based measures to non-GAAP-based measures\" included within our current and historical filings on forms 10Q, 10K and 8-K.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f8383c1f-ddd7-4c3f-b2b6-8f0a8ddedf6e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.696,
        "x": 0.029,
        "y": 0.08
      },
      "kind": "title",
      "text": "Integration Execution Framework",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e6b9e12-8b17-40c1-9299-09d1345a4eeb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}