WIXLIB

Financial Analyst DayOctober 2, 2018

Workday Financial Analyst Day AgendaWelcomeMichael Magaro, VP Investor RelationsOpening RemarksRobynne Sisco, Co-President and CFOAdaptive Insights TechnologyTom Bogan, CEO, Adaptive Insights, a Workday CompanyWorkday Technology JourneyPetros Dermetzis, Chief Product OfficerBreak (15 mins)Customer PanelEmily McEvilly, SVP ServicesCustomer ExperienceJim Bozzini, COOGo-To-Market Growth LeversChano Fernandez, Co-PresidentEnduring GrowthRobynne Sisco, Co-President and CFOQ&AWorkday Confidential

Safe Harbor StatementThis presentation contains forward-looking statements that involve risks, uncertainties, and assumptions. If any of these risks or uncertainties materialize or if any of these assumptions prove incorrect,the results of Workday could differ materially from the results expressed or implied by these forward-looking statements. All statements other than statements of historical fact could be deemedforward-looking statements, including any projections of revenues, gross margins, earnings, or other financial items; any statements regarding strategies or plans of management for future operations;any statements concerning new features, enhancements, or upgrades to our existing applications or services or plans for future applications or services; statements about current or future economicconditions; and any statements of belief. The risks and uncertainties referred to above include, but are not limited to, our history of losses and expectations as to future losses, limited operating history,competition, management of growth, development of the market for enterprise cloud computing, market acceptance of our applications and services, breaches of our security measures, fluctuations inour operating results, interruptions or delays in the provision of our services, risks associated with selling to larger enterprise customers, and adverse changes in general economic or marketconditions. Further information on risks that could affect the financial results of Workday is included in our filings with the Securities and Exchange Commission which are available on the Workdayinvestor relations webpage: www.workday.com/company/investor relations.php.Workday assumes no obligation for and does not intend to update any forward-looking statements. Any unreleased services, features, functionality or enhancements referenced in any Workdaydocument, roadmap, blog, our website, press release or other public statement that are not currently available are subject to change and may not be delivered as planned or at all. Customers whopurchase Workday applications and services should make their purchase decisions based upon services, features, and functions that are currently available.Use of Non-GAAP Financial MeasuresThis presentation includes non-GAAP financial measures we believe provide investors and others with additional information regarding Workday’s results. Workday has provided a reconciliation of eachnon-GAAP financial measure used in this presentation to the most directly comparable GAAP financial measure in an Appendix at the end of this presentation.Workday's management uses non-GAAP financial measures to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, for short- and longterm operating plans, and to evaluate Workday's financial performance and the ability of operations to generate cash. Management believes the use of non-GAAP financial measures reflects Workday'songoing business in a manner that allows for meaningful period-to-period comparisons and analysis of trends in Workday's business, as they exclude expenses that are not reflective of ongoing operatingresults. Management also believes that non-GAAP financial measures provide useful information to investors and others in understanding and evaluating Workday's operating results and future prospectsin the same manner as management and in comparing financial results across accounting periods and to those of peer companies. The use of non-GAAP financial measures has certain limitations as theydo not reflect all items of income and expense that affect Workday's operations. Non-GAAP financial measures should be considered in addition to, not as a substitute for or in isolation from, measuresprepared in accordance with GAAP. Further, non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore comparability may belimited. Management encourages investors and others to review Workday's financial information in its entirety and not rely on a single financial measure.Workday Confidential

Opening RemarksRobynne Sisco, Co-President and CFO

Highlights from Keynote§ Plan, Execute and Analyze in One System§ Data is its Most Powerful with Workday§ Machine Learning Will Make Workday Predictive§ Culture and Customer Success Remain Core Workday DifferentiatorsWorkday Confidential

Adaptive Insights TechnologyTom Bogan, CEO, Adaptive Insights, a Workday Company

Market Leadership4,000 Modern CloudArchitectureCustomersMulti-tenantIn-memoryin 50 countries 4B TAMWorkday Confidential 36% TTMSubscription RevenueGrowthGartner LeaderForrester LeaderDeloitte Fast 500Forbes Cloud 100

Large, Growing & Passionate Customer Base4,000 1,100 CustomersNet New CustomersAdded in Last Two Years23% EnterpriseWorkday Confidential43% Mid-Market34% SMB

Chaos Limits Business AgilityStatic Planning: siloed, inaccurate, episodic, reactive, and lacks insightLegacy LXLSXLSXLSXLSXLSXLSLegacy SXLSXLSXLSXLSXLSLegacy SystemXLSXLSMarketingXLSWorkday XLSXLSXLSFinanceLegacy SQLPOSXLS

Business Planning Cloud PlatformPowered by Elastic Hypercube TechnologyAdaptive Insights forFinanceWorkforceSalesOperational PlanningPlanning and Analysis, ConsolidationHeadcount, Skills, ScenariosQuota and Capacity, TerritoryProject, Capacity, OperationsUser Interaction: Sheets, Dashboards and Reports, CollaborationElastic Hypercube Technology: Modeling, Reporting and Analytics EngineData Integration FrameworkWorkdayWorkday ConfidentialSAPOracleNetSuiteSage IntacctMicrosoft DynamicsIntuit QuickbooksSalesforceOther Data SourcesExcel

Elastic Hypercube TechnologyPatent PendingIntelligentKnows what it needs to calculate and only calculates thatRobust Modeling EngineScalableAdds memory and computing power when you need it101822Cells–no set limitdimensionstypical–no set limit200 Scenarios –no set limitMillionmembersheetsAll Without Compromising Ease-of Usefor business usersWorkday Confidential

Power of OneOne CommunityOne Experience Consistent Modern UXCollaborative, ConversationalPeople System of RecordWorkday ConfidentialOne Source for Data One Logical Data Access LayerOne Security Model Governed by One Security Model

Adaptive Insights Roadmap to Power of OneNative integrationDrill throughPlan to executePrism data exchangeBudgetary controlsSingle sign-onUnified security modelAdaptive workletTasks via Workday InboxUnified look and feelWorkday 32Workday ConfidentialWorkday 33

Accelerating Go-to-Market MomentumAdaptive Insights Through WorkdayAdaptive Insights Standalone As planning solution in Workdaysuite Midmarket and SMB traditionalmarkets As ‘tip of the spear’ into finance andother functions Accelerate in enterprises withWorkday strengthWorkday Confidential

The Workday Technology JourneyPetros Dermetzis, Chief Product Officer

You Might Think of Workday As Workday Confidential

The Workday Technology Journey PredictiveTechnologiesCloud(Relational?)(Object Oriented?)Client Server(Relational)Mainframes(Flat File)

TransactionsExecutePlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

AnalysisExecutePlan, Execute, AnalyzeUnificationAnalyzeOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

PlanningExecutePlan, Execute, AnalyzeUnificationAnalyzeOnly WorkdayPlatform VisionPlanWorkData VisionFinal Thoughts

UnificationFinancialManagementHuman CapitalManagementPlanningAnalytics andBenchmarkingPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Built for the FuturePlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

The BrainPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Power of OnePlan, Execute, AnalyzeOne CommunityOne Source for DataOne ExperienceOne Security ModelUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

The Connective TissuePlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Plan, Execute, Analyze, ExtendFinancialManagementHuman CapitalManagementPlanningAnalytics andBenchmarkingPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Data Engagement LayerFinancialManagementHuman CapitalManagementPlanningAnalytics andBenchmarkingPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Work ngXLSXLSCEO/BoardXLSXLSSQLXLSPlan, Execute, ly WorkdaySQLXLSPlatform LSXLSXLSXLSXLSXLSXLSXLSXLSXLSXLSSQLXLSData VisionSQLXLSFinal Thoughts

Keep Work Where the Data IsPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Keep Work Where the Data IsPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

The Emergence of New TechnologyPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

The Object GraphPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Machine LearningPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Cross TenantAcrossTenantSingle TenantPlan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

The Workday Technology Journey PredictiveTechnologiesCloud(Relational?)(Object Oriented?)Client Server(Relational)Mainframes(Flat File)Plan, Execute, AnalyzeUnificationOnly WorkdayPlatform VisionWorkData VisionFinal Thoughts

Customer PanelEmily McEvilly, SVP Services

Workday ConfidentialChanda PeppingChrista DaviesVP, Finance TechnologyEVP and CFO, AonWorkday Board MemberUnumAon plc

About Aon plc50,000 London,EnglandEmployees 10BIn tryNYSECountries operating in1982FoundedWorkdayat Aon plcFinancialManagementHuman alServices

About Unum10,000 Chattanooga,TennesseeEmployees 11BIn revenueHeadquartersInsuranceIndustry#267US, UK, IrelandFortune 500Operations inUNM1848NYSEFoundedWorkdayat UnumFinancialManagementHuman sesPrismAnalyticsCloudPlatformLearning

Customer ExperienceJim Bozzini, COO

Key ObjectivesServices Revenue Trend (FY) 440 420 400 380Millions 360Customer Satisfaction Goal 340 320 300 280 260 240 220 200Workday Confidential201720182019E

Key ObjectivesServices Revenue Trend (FY) 440 420 400 380Millions 360Customer SatisfactionRating 340 320 300 280 260 240 220 200Workday Confidential201720182019E

Differentiated Customer ExperienceProvenDeploymentsCustomer SatisfactionAccountability toCustomer ResultsWorkday Confidential

Differentiated Customer ExperienceProvenDeploymentsCustomer SatisfactionAccountability toCustomer ResultsWorkday Confidential

Key Components of Workday DeploymentsSelectedPartnersCertification 70%DeliveryAssuranceWorkday ConfidentialLiveMethodsand Tools

Deployment ToolingReduce HoursIncrease PredictabilityStreamlined DeploymentsWorkday ConfidentialImprove Quality

Significant Momentum in Medium EnterprisePre-ConfiguredPackaged ScopeFixed FeeWorkday LaunchProven best-practice deployment packageWorkday Confidential30% Reduction inHours to Deliver

Ecosystem Growth12,000Certified 0002,0000FY16Workday ConfidentialFY17FY18FY19 Projected

Differentiated Customer ExperienceProvenDeploymentsCustomer SatisfactionAccountability toCustomer ResultsWorkday Confidential

Connected Throughout the LifecycleScorecardsSurveysScheduledReviews

Feature AdoptionWorkday Confidential

Customer-Centric CultureCustomer Satisfaction GoalWorkday Confidential