Business description: Paylocity is a cloud-based provider of payroll and human capital management, or HCM, software solutions for medium-sized organizations, which are defined as those having between 20 and 1,000 employees. Paylocity's comprehensive and easy-to-use solutions enable its clients to manage their workforces more effectively. As of June 30, 2013, Paylocity served approximately 6,850 clients across the U.S., which on average had over 100 employees. Paylocity's solutions help drive strategic human capital decision- making and improve employee engagement by enhancing the human resource, payroll and finance capabilities of its clients. Roadshow: 3/7 — Launch / New York 3/10 — New York 3/11 - Boston 3/12 - New York (Lunch) 3/13 — Mid Atlantic (BAML) 3/14 — Den (DB) / LA (BAML) 3/17 - San Francisco (DB) 3/18 - Midwest (WBlair) Lunch details: Group Lunch — New York March 12, 2014 @ 12:30pm The St. Regis New York Room: "La Maisonette" Group Lunch — Boston March 11, 2014 @ 12:30 pm The Langham, Boston Room: Wilson Ballroom "A" Bookrunners: Deutsche Bank BAML William Blair Co-managers: Raymond James 1MP CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123438 CONFIDENTIAL SDNY_GM_00269622 EFTA01461407