AspenTech Grid Solutions

Antonio Pietri, President and Chief Executive Officer Chantelle Breithaupt, Chief Financial Officer

September 13, 2023

Safe Harbor Statement

Statements in this presentation and our commentary and responses to questions that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties, and AspenTech undertakes no obligation to update any such statements to reflect later developments. In some cases, you can identify forward-looking statements by the

following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "strategy," "anticipate,"

"believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "opportunity" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These risks and uncertainties include, without limitation: the failure to realize the anticipated benefits of our transaction with Emerson Electric Co.; risks resulting from our status as a controlled company; the scope, duration and ultimate impacts of the COVID-19 pandemic and the Russia-Ukraine conflict; as well as economic and currency conditions, market demand (including related to the pandemic and adverse changes in the process or other capital-intensive industries such as materially reduced spending budgets due to oil and gas price declines and volatility), pricing, protection of intellectual property, cybersecurity, natural disasters, tariffs, sanctions, competitive and technological factors, and inflation; and others, as set forth in AspenTech's most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.

© 2023 Aspen Technology, Inc. All rights reserved.

2

AspenTech At-a-Glance

WORLD LEADER IN INDUSTRIAL SOFTWARE FOR ASSET-INTENSIVEINDUSTRIES

Optimizing assets to run safer, greener, longer and faster

3000+

3800+

40+

CUSTOMERS

EMPLOYEES

YEARS OF

WORLDWIDE

INNOVATION

Annual Customer Value Delivered

$59B PROFIT 16Mt

© 2023 Aspen Technology, Inc. All rights reserved.

200+

ESTABLISHED

PARTNERSHIPS

  • CO2e EMISSIONS REDUCTION

*IN GLOBAL REFINING

Mt = million metric tons | CO2e = CO2 equivalent of various GHG

3

AspenTech with Emerson

Greater Scale for a Fast-paced, Evolving Market

Enhanced, leading, high-performance

Industrial Software company

Deeper investment capacity

Expanded market expertise and sales channels

Broader solution offerings for greater value creation

© 2023 Aspen Technology, Inc. All rights reserved.

4

Double-Digit ACV Growth in FY23

Grew ACV by 11.8% YoY in FY23, 30 bps above midpoint of guide

950

900

850

($)

800

Millions

750

700

650

600

550

500

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Annual Contract Value (ACV)

ACV as of 6/30/23

$885m

ACV as of 6/30/22

$791m

FY23 ACV Growth

11.8% YoY

Rate

FY23 ACV Guidance

11-12% YoY

Growth Rate

Q4-FY23

ACV Sequential

3.5% QoQ

Growth Rate

ACV Attrition*

FY23 Attrition

5.9%

FY23 Attrition

7-8%

FY20

FY21

FY22

FY23

Guidance

ACV trends and growth include heritage AspenTech, DGM, and SSE for all periods

© 2023 Aspen Technology, Inc. All rights reserved.

5

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Aspen Technology Inc. published this content on 13 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2023 20:20:06 UTC.