Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 79

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 79
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, or
indirectly through organizations that are participants in these systems. Clearstream and Euroclear will hold interests on behalf of their participants through customers’ securities accounts in Clearstream’s and Euroclear’s names on
the books of their respective U.S. depositaries (collectively, the “”), which in turn will hold these interests in customers’ securities accounts in the depositaries’ names on the books of DTC. Unless
otherwise specified in the applicable prospectus supplement, beneficial interests in the global securities will be held in denominations of $1,000 and integral multiples of $1,000 in excess thereof. Except as set forth below, the global securities
may be transferred, in whole and not in part, only to another nominee of DTC or to a successor of DTC or its nominee.

55

Debt securities represented by a global security can be exchanged for definitive securities in registered form only if:

| ● |     | DTC notifies us that it is unwilling or unable to continue as depositary for that global security and we do not 
 appoint a qualified successor depositary within 90 days after receiving that notice;                            |

| ● |     | at any time DTC ceases to be a clearing agency registered under the Exchange Act and we do not appoint a            
 successor depositary within 90 days after becoming aware that DTC has ceased to be registered as a clearing agency; |

| ● |     | we in our sole discretion determine that such global security will be exchangeable for definitive securities in               
 registered form or elect to terminate the book-entry system through DTC and notify the applicable trustee of our decision; or |

| ● |     | an event of default with respect to the debt securities represented by that global security has occurred and is 
 continuing.                                                                                                     |

A global security that can be exchanged as described in the preceding sentence will be exchanged for definitive securities issued in authorized denominations in registered form for the same aggregate amount. The definitive securities will be registered in the names of the owners of the beneficial interests in the global security as directed by DTC. We will make principal and interest payments on all debt securities represented by a global security to the paying agent which in turn will make payment to DTC or its nominee, as the case may be, as the sole registered owner and the sole holder of the debt securities represented by a global security for all purposes under the applicable indenture. Accordingly, we, the applicable trustee and any paying agent will have no responsibility or liability for:

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