EFTA01461431.pdf

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site, at www.sec.gQv. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by mail from Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10016, or by email at prospectus.cDdatadb.com Tazia Smith Director I Key Client Partners - US Deutsche Bank Securibes Inc Deutsche Asset 8 Wealth Management 345 Park Avenue. 26th Floor Forwarded by Tazia SmittOtr/dbcom on 03/18/201407.56 PM -- Front To. Date: 03/18201407:39 PM Subject. PRICING DETAILS LEFT BOOKRUN IPO PAYLOCITY HOLDING CORP (NASDAQ: PCTY) "' APPROVED FOR EXTERNAL DISTRIBUTION '" CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0123474 CONFIDENTIAL SDNY_GM_00269658 EFTA01461431