1832 Asset Management L.P. Reports Increased 11.31% Stake in Open Text Corp

This Schedule 13G/A filing, dated May 1, 2026, indicates a significant increase in ownership of Open Text Corp (OTEX) by 1832 Asset Management L.P. and its affiliates, including MD Financial Management Inc. and Scotia Capital Inc. The reporting entities collectively beneficially own 27,767,686 common shares, representing an 11.31% stake in the company. Individually, 1832 Asset Management L.P. holds the largest portion with 27,039,270 shares (11.0%). The filing serves as Amendment No. 4, reflecting an event date of March 31, 2026. The shares were acquired in the ordinary course of business, and the filers certify that the acquisition was not intended to influence or change the control of the issuer. All reporting persons are Canadian-based entities, primarily operating as investment advisers and broker-dealers. The total aggregate value of the holdings is estimated at approximately $612.7 million based on the provided supplementary data.