Workday Offers IPO of $28 Per Share

Workday Announces Pricing of Initial Public Offering

PLEASANTON, CA – Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for human resources and finance, announced the pricing of its initial public offering of 22,750,000 shares of its Class A common stock at a price to the public of $28.00 per share.

The underwriters have been granted a 30-day option to purchase up to an additional 3,412,500 shares of Class A common stock from Workday to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on October 12, 2012 under the symbol “WDAY.”

Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as lead joint book-running managers for the offering, and Allen & Company LLC and J.P. Morgan Securities LLC are acting as book-running managers for the offering. Cowen and Company, LLC, JMP Securities LLC, Pacific Crest Securities LLC, Wells Fargo Securities LLC and Canaccord Genuity Inc. are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on October 11, 2012. The offering is being made only by means of a prospectus.

A copy of the final prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC, via telephone: (866) 718-1649, email: prospectus@morganstanley.com, or standard mail at Morgan Stanley & Co. LLC, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department; or from Goldman, Sachs & Co., via telephone: (866) 471-2526, email: prospectus-ny@ny.email.gs.com, or standard mail at Goldman, Sachs & Co., 200 West Street, New York, NY 10282, Attn: Prospectus Department.