New York, Tel. Fax Mobile Email tazia.smith@db.com NY 10154 (Embedded image moved to file: pic07016.gif) Forwarded by Tazia Smith/db/dbcom on 03/18/2014 07:56 PM From: Nate Nall/db/dbcomOD8c0Ex To: Date: 03/18/2014 07:39 PM Subject: *** PRICING DETAILS *** LEFT BOOKRUN IPO APPROVED FOR EXTERNAL DISTRIBUTION *0* Nk* PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *** CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123485 CONFIDENTIAL SDNY_GM_00269669 EFTA01461436