Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 91

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 91
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| ● |     | the dividends on the preferred stock called for redemption will no longer accrue; |

| ● |     | those shares will no longer be considered outstanding; and |

| ● |     | the holders will no longer have any rights as stockholders except to receive the redemption price. |

When the holder properly surrenders the redeemed shares, the redemption price will be paid out of the funds provided by us. If we redeem fewer than all of the shares represented by any certificate, we will issue a new certificate representing the unredeemed shares without cost to the holder. If a redemption described above is deemed to be a “tender offer” within the meaning of Rule 14e-1under the Exchange Act, we will comply with all applicable provisions of the Exchange Act. Conversion or Exchange The applicable prospectus supplement relating to a series of convertible preferred stock will describe the terms on which shares of that series are convertible into shares of common stock or a different series of preferred stock or exchangeable for debt securities. Rights Upon Liquidation Unless the applicable prospectus supplement states otherwise, if we voluntarily or involuntarily liquidate, dissolve or wind up our business, the holders of shares of each series of the preferred stock offered under this prospectus and any preferred stock ranking equal to the preferred stock offered under this prospectus will be entitled to receive:

| ● |     | liquidation distributions in the amount stated in the applicable prospectus supplement; and |

| ● |     | all accrued and unpaid dividends, without accumulation of any undeclared dividends. |

We will pay these amounts to the holders of shares of each series of the preferred stock, and all amounts owing on any preferred stock ranking equally with such series of preferred stock as to distributions upon liquidation, out of our assets available for distribution to stockholders before any distribution is made to holders of any securities ranking junior to the series of preferred stock upon liquidation. Shares of our preferred stock may be fully subordinated to interests held by the U.S. government in the event of a receivership, insolvency, liquidation or similar proceeding under the “orderly liquidation authority” of the Dodd-Frank Act. The sale of all or substantially all of our property and assets, our merger into or consolidation with any other corporation or the merger of any other corporation into us will not be considered a dissolution, liquidation or winding up of our business. We will make pro rata distributions to the holders of a series of preferred stock and any other shares of our stock ranking