OPEN TEXT CORPOTEX

OpenText plans to create 400 jobs with 105M euro investment to expand agentic AI and sovereign cloud in Europe.

“• OpenText to Create 400 Jobs with €105 Million Investment in Cork and Galway to Expand Agentic AI and Sovereign Cloud in Europe”

OpenText helps clients deploy agentic AI by connecting governed enterprise data to AI models.

“As enterprise adoption of AI continues to evolve, organizations increasingly require trusted, governed enterprise data to deploy AI effectively. OpenText’s products and solutions build on the Company’s longstanding data management capabilities to help clients meet those evolving requirements. Our products and solutions are a critical layer in the AI stack that connect enterprise data to AI for trusted outcomes. OpenText’s data management products and solutions manage and govern the creation, capture, use, analysis, and lifecycle of structured and unstructured enterprise data. We help organizations manage and integrate their data, unlocking its value for trusted AI results, while meeting privacy and compliance requirements, so clients can move confidently from AI experimentation to enterprise-scale AI adoption. To accelerate agentic AI and business transformation, OpenText enables clients to deploy in the cloud of their choice, with the AI model that best meets business, security, and regulatory obligations.”

OpenText connects data to AI for use in agent-based technologies including its Aviator AI agents.

“We make enterprise data more valuable by connecting it to AI and digital business processes, enriching it with insights, and protecting it throughout its lifecycle. By integrating diverse data into a governed, protected, and proprietary environment aligned with applicable security and governance requirements, our solutions provide the context needed to apply data for AI within workflows, applications, and automated processes. Ultimately, these capabilities enable enterprise data to serve as a trusted foundation for applications involving AI, such as emerging agent-based or automated decision-making technologies, including our complementary Aviator AI agents, described in this section.”

OpenText offers Aviator suite of embedded business AI agents with enterprise security and governance.

“OpenText Aviator™ is a suite of business AI agents embedded across OpenText platforms, products, and solutions with enterprise-grade security, privacy, compliance, and data governance capabilities. Aviator agents operate as AI-powered assistants designed to support employees, automate knowledge-intensive tasks, and support more timely and informed business decisions. These capabilities are designed to enable the use of”

OpenText partners with SAP to embed content products providing agentic workflows in SAP infrastructure.

“• SAP SE (SAP) : We partner with SAP on content services and our content products are embedded in the SAP infrastructure. The OpenText Suite for SAP solutions provides key business content within the context of SAP business processes providing agentic workflows, enhanced efficiencies and better experiences for clients, employees and partners - accessible anywhere and anytime and available in the cloud and on-premise. As our clients move their enterprise resource planning to the cloud with SAP, we believe they can benefit from secure cloud archiving from OpenText to drive higher productivity.”

OpenText competes with Microsoft, ServiceNow and others in enterprise AI and agentic workflows.

“As enterprises increasingly adopt artificial intelligence and agentic technologies, competition has expanded beyond traditional data management vendors. We increasingly compete with large platform providers extending into enterprise AI and agentic workflows including Microsoft and ServiceNow. We also compete with specialized enterprise AI and knowledge-platform providers and they are often evaluated alongside traditional data management, content management, automation, and workflow offerings.”

Deployment of agentic AI systems could expand OpenText attack surface if controls are inadequate.

“In particular, we are increasingly relying on virtual environments and communications systems, which have been in recent years and may be in the future subjected to third-party vulnerabilities and security risks of increasing frequency, scope and potential harm. Malicious hackers may attempt to gain access to our network or data centers; steal proprietary information related to our business, products, systems, solutions, employees and clients; interrupt our systems and services or those of our clients or others; or attempt to exploit any vulnerabilities in our products, systems or solutions, and such acts may go undetected. Also, the development and proliferation of specific AI applications and other machine learning technologies, alongside related technological innovations, may increase our exposure to cyber-attacks and other cybersecurity risks by potentially enhancing the capabilities of third parties to breach our systems. Threat actors may also use AI technologies, including generative AI, to develop attack methods, such as deepfakes and AI-generated phishing, that are more automated and may be more difficult to detect. In addition, our deployment of agentic AI systems with access to our infrastructure and data could expand our attack surface if controls over those systems prove inadequate. To address these challenges, we strive to continuously fortify our defenses through strategic investments in advanced security technologies and practices, comprehensive risk managemen”

OpenText released a report on managing risks and value of AI, GenAI and Agentic AI.

“• OpenText released a new global report, “Managing Risks and Optimizing the Value of AI, GenAI & Agentic AI,” developed in partnership with the Ponemon Institute”

Open Text advances its AI-first offerings positioned for agentic AI through ongoing investment.

“We continue to focus on our three strategic priorities: expanding our competitive advantage, driving total revenue growth and achieving operational excellence. To expand our competitive advantage, we continue to advance our AI-first Information Management offerings, which are well positioned for Agentic AI, through ongoing investment and cloud-native innovations which will further enhance our products. In pursuing total revenue growth, we remain committed to organic initiatives and a programmatic approach to growth through tuck-in acquisitions and divestitures to best align capital with the highest return opportunities. As part of this effort, we are reviewing portfolio-shaping opportunities, including potential redeployment of capital from non-core assets to enhance focus on our core Information Management for AI Business and support long-term shareholder returns. On operational excellence, we are focused on expanding profitability, free cash flows and capital return to support our innovation and capital allocation priorities. Refer to Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for Fiscal 2025 for additional information.”

OpenText focuses on helping clients leverage enterprise content to train agentic AI.

““Welcoming Ayman Antoun as our CEO marks a pivotal milestone in OpenText’s journey. He brings deep enterprise technology and software expertise with decades of experience leading large scale global transformations. Ayman’s leadership will help OpenText expand our market share as the world’s leader in secure, trusted data amid accelerating demand for cloud modernization and enterprise AI,” said P. Thomas Jenkins, Executive Chair of the Board and Chief Strategy Officer. “The closing of eDOCS and announced divestiture of Vertica demonstrates our continued progress in divesting non-core assets. We remain committed to building a leaner OpenText, focused on growth and helping clients leverage enterprise content to train agentic AI.””

OpenText advances AI-first offerings positioned for Agentic AI through investment and innovation.

“We continue to focus on our three strategic priorities: expanding our competitive advantage, driving total revenue growth and achieving operational excellence. To expand our competitive advantage, we continue to advance our AI-first Information Management offerings, which are well positioned for Agentic AI, through ongoing investment and cloud-native innovations which will further enhance our products. In pursuing total revenue growth, we remain committed to organic initiatives and a programmatic approach to growth through tuck-in acquisitions and divestitures to best align capital with the highest return opportunities. As part of this effort, we are reviewing portfolio-shaping opportunities, including potential redeployment of capital from non-core assets to enhance focus on our core Information Management for AI Business and support long-term shareholder returns. On operational excellence, we are focused on expanding profitability, free cash flows and capital return to support our innovation and capital allocation priorities. Refer to Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for Fiscal 2025 for additional information.”

OpenText plans to grow revenue in its core Enterprise Information Management for training Agentic AI business.

““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 Jenkins, Executive Chairman and Chief Strategy Officer, OpenText. “Ayman’s deep enterprise technology and software expertise and decades of leading large-scale global transformations will be a catalyst for OpenText’s next phase of growth.””

OpenText states its product portfolio is the foundation for training agentic AI.

“Ayman Antoun, incoming Chief Executive Officer, OpenText, said, “OpenText’s core product portfolio, which is the foundation for training agentic AI, combined with its worldwide client base offers the Company a competitive advantage as trusted data is now essential to how economies, nations and businesses operate around the world. I am energized by the opportunity to lead OpenText into its next chapter and look forward to working with the Board and leadership team to accelerate the Company’s growth strategy and deliver long-term shareholder value.””

Open Text is advancing AI-first offerings positioned for Agentic AI.

“We continue to focus on our three strategic priorities: expanding our competitive advantage, driving total revenue growth and achieving operational excellence. To expand our competitive advantage, we continue to advance our AI-first Information Management offerings, which are well positioned for Agentic AI, through ongoing investment and cloud-native innovations which will further enhance our products. In pursuing total revenue growth, we remain committed to organic initiatives and programmatic approach to growth through tuck-in acquisitions and divestitures to best align capital with the highest return opportunities. As part of this effort, we are reviewing portfolio-shaping opportunities, including potential redeployment of capital from non-core assets to enhance focus on our core Information Management for AI Business and support long-term shareholder returns. On operational excellence, we are focused on expanding profitability, free cash flows and capital return to support our innovation and capital allocation priorities. Refer to Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for Fiscal 2025 for additional information.”

OpenText states agentic AI delivers value only when powered by trusted enterprise data.

“4OpenText ©2025. All rights reserved. Public LLMs are trained on open internet >> not enough for enterprise-grade, regulated insights Why Do Enterprises Need To Look At Their Own Data? ~90% of the world’s information expected to live inside organizations(1) (emails, documents, records, workflows, transactions, communications) Hyperscalers don’t always solve for data sovereignty, privacy, or industry specificity Enterprises want to own and govern their content >> compliance, security, competitive advantage Agentic AI only delivers value when powered by trusted, proprietary enterprise data Source: IDC”

OpenText diagram links data foundations to outcomes for agentic AI and other AI types.

“6OpenText ©2025. All rights reserved. Strong Data Foundations = Strong Al Outcomes SOLVE ANYTHING Frontier Models/Quantum Computing ACTION ANYTHING Agentic AI, Small Language Models (SLM) ASK ONE THING Generative AI & Large Language Models (LLM) Parameters 1 million 1 billion 1 trillion Solve Discuss Task DATA GUIDES ACTION Connected, real-time data enables trusted decisions DATA FUELS CREATION Quality & clean data drives useful outputs DATA DEFINES ALIGNMENT Governance & integrity of data shape outcomes”