Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 77

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 77
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e) represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Scharf), as computed in accordance with Item 402(v) of Regulation S-K. In accordance with these rules, these amounts reflect total compensation as set forth in the Summary Compensation Table, adjusted as shown below for 2024. Equity values are calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.

| 2025 Proxy Statement |     | 85 |

Pay Versus Performance

| Average Compensation Actually Paid to Non-PEO NEOs                                                                        |     |         2024 |
| Average Summary Compensation Table Total                                                                                  |     |  $19,390,030 |
| Less, average value of Stock Awards reported in Summary Compensation Table                                                |     | -$13,201,355 |
| Less, average Change in Pension Value reported in Summary Compensation Table                                              |     |      -$3,208 |
| Plus, average year-end fair value of outstanding and unvested equity awards granted in the year                           |     |  $16,691,350 |
| Plus (less), average year over year change in fair value of outstanding and unvested equity awards granted in prior years |     |   $4,966,328 |
| Plus, average fair value as of vesting date of equity awards granted and vested in the year                               |     |           $0 |
| Plus (less), average year over year change in fair value of equity awards granted in prior years that vested in the year  |     |     $962,597 |
| Less, average prior year-end fair value for any equity awards forfeited in the year                                       |     |           $0 |
| Plus, average pension service cost for services rendered during the year                                                  |     |           $0 |
| Average Compensation Actually Paid to Non-PEO NEOs                                                                        |     |  $28,805,742 |

5. Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period (assuming dividend reinvestment stock splits, reverse stock splits, and other extraordinary transactions) and the difference between the Company’s share price at the end of each fiscal year shown and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. The beginning of the measurement period for each year in the table is the closing price on December 31,