Mr. Matthew Wells reports

CERIDIAN FILES FORM 12B-25

Ceridian HCM Holding Inc. filed a Form 12b-25 notification of late filing for its third quarter 2023 Form 10-Q with the Securities and Exchange Commission on Nov. 9, 2023, which will become public on Nov. 13, 2023, due to the Veteran's Day holiday.

As previously disclosed in Ceridian's earnings press release furnished as an exhibit to the Current Report on Form 8-K filed with the SEC on November 1, 2023, Ceridian recently discovered an error in the presentation of one Canadian bank account balance within "customer funds" and "customer funds obligations" and related items on its consolidated balance sheets and in its net cash provided by financing activities within its consolidated statements of cash flows. There was an understatement of customer funds within current assets and a corresponding understatement of customer funds obligations within current liabilities on Ceridian's consolidated balance sheets.

As a result, Ceridian reviewed its internal control over financial reporting ("ICFR") and concluded that two material weaknesses in its ICFR existed with respect to (i) its control designed to assess the proper presentation of cash and cash equivalents for its Canada customer funds for financial reporting purposes; and (ii) its risk assessment process related to controls over certain Professional Services and Powerpay revenue accounts.

Ceridian has performed additional analyses and other procedures to conclude there was no material misstatement of the Company's previously issued financial statements, nor was there any effect on Ceridian's third quarter 2023 results or fiscal year 2023 guidance.

Ceridian expects to remediate each ICFR matter by the end of the year.

Ceridian intends to file its third quarter 2023 Form 10-Q when the SEC's EDGAR filing system reopens on Monday, November 13, 2023, and also intends to concurrently file amended versions of its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and its Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2023 and June 30, 2023.

About Ceridian HCM Holding Inc.

Ceridian. Makes Work Life Better(TM).

Ceridian is a global human capital management software company. Dayforce (TM), the flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. The Dayforce platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes.

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