Ceridian HCM (CDAY) Launches Secondary Public Offering

Ceridian HCM Holding Inc. (“Ceridian” or the “Company”) (NYSE: CDAY) (TSX: CDAY), a global human capital management software company, announced today that affiliates of Thomas H. Lee Partners, L.P. and David D. Ossip, Chairman and Chief Executive Officer of the Company (the “Selling Stockholders”), intend to offer 7,217,347 and 500,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), respectively, pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). Prior to the exercise, the 500,000 shares of Common Stock exercised by David Ossip made up 5.3% of his direct and indirect holdings of Common Stock, exchangeable shares, and vested and unvested stock options and restricted stock units. Proceeding the exercise, David Ossip holds 8,862,884 shares of Common Stock, exchangeable shares, and vested and unvested stock options and restricted stock units, or 6.0% of the Company’s Common Stock outstanding as of August 21, 2020.

The offering consists entirely of secondary shares to be sold by the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering.

BofA Securities, Inc. and J.P. Morgan Securities LLC are acting as the underwriters for this offering.

An automatic shelf registration statement (including a prospectus) relating to the offering of Common Stock was filed with the SEC on May 21, 2019 and became effective upon filing. Before you invest, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement as well as the prospectus supplement related to this offering.

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