On October 8, 2025, T. Rowe Price Group Inc announced that it has filed an exempt solicitation statement with Securities and Exchange Commission, stating that it believes Dayforce Inc?s business is on track to deliver on management?s stated target of $1 billion of annual free cash flow over the next several years, as reiterated in the merger proxy statement filed by the Company with the Securities and Exchange Commission on September 29, 2025, despite Company?s successful execution and exciting future, T. Rowe Price Group believes the stock has been pressured by misplaced short-term pessimism on the sector as a whole and investor focus on metrics that are not reflective of the underlying strength in the business, and T. Rowe Price Group stated that these forces are temporary and do not justify selling the Company at an underwhelming valuation at this time. In addition, T. Rowe Price Group stated that with the Company?s advantaged technology, strong leadership, and large market opportunity, it believes the Company?s most promising days lie ahead, as such, it intends to vote against the proposal to approve the proposed acquisition being presented at Company?s special meeting of stockholders to be held on November 12, 2025.