Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 48

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 48
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 2024 based on its review of market pay levels, compared to prior year target total compensation of $14 million. The HRC, in determining Mr. Weiss’ individual performance achievement level of 100%, and business performance achievement of 110%, evaluated CIB’s financial performance and Mr. Weiss’ non-financial performance. In particular, the HRC considered CIB’s relatively strong performance, with year-over-year growth in revenue, noninterest income and net income, continued focus on expenses to partially offset further investment in CIB, and maintaining market leading positions in key businesses while improving market share in Investment Banking and Markets, Commercial Banking, and WIM relationships. In addition, the HRC recognized Mr. Weiss’ leadership across several strategic priorities, which included: transforming and executing against CIB’s long-term business plan and corresponding strategic growth initiatives, including demonstrating an appropriate balance between risk and return during use of Company balance sheet; filling roles aligned to key business priorities to position CIB for growth; driving improvements in issue management and control effectiveness; and advancing talent management priorities.

As previously noted, in January 2025, Mr. Weiss informed the Company of his intention to retire in June 2025. Due to his retirement, and consistent with past practices for retiring executives, the HRC determined that 100% of Mr. Weiss’ long-term equity compensation would be paid in the form of RSRs for 2024.

#### 2024 Total Variable Compensation
| Company     
 Performance |     |             |   |     | Business    
 Performance |     |             |   |     | Individual  
 Performance |     |             |   |     | Total       
 Performance 
 Achievement |     |   |     | Target       
 Variable     
 Compensation |     |   |     | Total        
 Variable     
 Compensation |
| Weighting   |     | Achievement |   |     | Weighting   |     | Achievement |   |     | Weighting   |     | Achievement |   |     |             |     |   |     |              |     |   |     |              |
| 30% x 113%  |     |             | + |     | 20% x 110%  |     |             | + |     | 50% x 100%  |     |             | = |     | 105.9%      |     | x |     | $12.75M      |     | = |     | $13.5M       |

#### 62Wells Fargo & Company