Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 151

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 151
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 preferred stock, it will not vote the amount of Series DD preferred stock represented by such Series DD depositary shares.

Series EE Preferred Stock.Our 7.625% Fixed Rate Reset Non-Cumulative Perpetual
Class A Preferred Stock, Series EE, which we refer to as our “,” with no par value, ranks senior to our common stock and to any other securities that we may issue in the future that are expressly made
junior to our Series EE preferred stock, as to payment of dividends and/or distribution of assets upon our liquidation, dissolution or winding up. The Series EE preferred stock ranks equally with our Parity Stock (as such term is defined in the
certificate of designation for the Series EE preferred stock) as to payment of dividends and distribution of assets upon our liquidation, dissolution or winding up.

Dividends on shares of our Series EE preferred stock are not mandatory. Holders of our Series EE preferred stock are entitled to receive,
when, as and if declared by our board of directors or any duly authorized committee of our board of directors out of legally available assets, non-cumulative cash dividends on the liquidation preference
amount, which is $25,000 per share of Series EE preferred stock. These dividends accrue (i) at a rate per annum equal to 7.625% from, and including, July 24, 2023 to, but excluding, September 15, 2028 (the “”) and (ii) the five-year treasury rate as of the most recent reset dividend determination date plus 3.606% for each reset period, from, and including, the first reset date, commencing December 15, 2028 (as each term is
defined in the certificate of designation for the Series EE preferred stock). Dividends will be payable quarterly in arrears on each March 15, June 15, September 15 and December 15. The right of holders of our

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Series EE preferred stock to receive dividends is non-cumulative. The Series EE preferred stock was issued on July 24, 2023, and the first dividend
payment date was September 15, 2023. The calculation agent for the Series EE preferred stock will be appointed prior to the first reset dividend determination date.

To the extent we declare dividends on the Series EE preferred stock and on any other Parity Stock but cannot make full payment of those
declared dividends, we will allocate the dividend payments on a proportional basis among the holders