Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 172

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 172
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 by an authorized method, the information contained in the notice and any accompanying proxy material to the record holders of the Series FF depositary shares relating to the Series FF
preferred stock. Each record holder of the Series FF depositary shares on the record date, which will be the same date as the record date for the Series FF preferred stock, may instruct the depositary to vote the amount of the Series FF preferred
stock represented by the holder’s Series FF depositary shares. To the extent possible, the depositary will vote the amount of the Series FF preferred stock represented by the Series FF depositary shares in accordance with the instructions it
receives. We will agree to take all reasonable actions that the depositary determines are necessary to enable the depositary to vote as instructed. If the depositary does not receive specific instructions from the holders of any Series FF depositary
shares representing the Series FF preferred stock, it will not vote the amount of Series FF preferred stock represented by such Series FF depositary shares.

112

DESCRIPTION OF DEPOSITARY SHARES

This section describes the general terms and provisions of the depositary shares. The prospectus supplement will describe the specific terms
of the depositary shares offered through that prospectus supplement and any general terms outlined in this section that will not apply to those depositary shares.

We have summarized the material terms and provisions of the deposit agreement, the depositary shares and the depositary receipts in this
section. We have also filed the form of deposit agreement, including the form of depositary receipt, as an exhibit to the registration statement of which this prospectus is a part. You should read the forms of deposit agreement and depositary
receipt relating to a series of preferred stock for additional information before you buy any depositary shares that represent preferred stock of that series.

General

We may offer fractional
interests in preferred stock, rather than full shares of preferred stock. If we do, we will provide for the issuance by a depositary to the public of receipts for depositary shares, each of which will represent a fractional interest in a share of a
particular series of preferred stock.

The shares of any series of preferred stock underlying the depositary shares will be deposited
under a separate deposit agreement between us and a bank or trust company having its principal office in the United States and having a combined capital and surplus of at least $50 million, which we refer to in this section as the
“.” We will name the depositary in the applicable prospectus supplement. Subject to the terms of