Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 187

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 187
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 the debt securities, common stock and preferred stock offered by this prospectus. The material U.S. federal income tax consequences relevant to the purchase, beneficial ownership and disposition of warrants, purchase contracts and units offered by this prospectus will be provided in the applicable prospectus supplement. This summary is based on the Code, current or proposed Treasury regulations promulgated thereunder (“ Treasury regulations”), administrative and official pronouncements of the Internal Revenue Service (the “ IRS”) and judicial decisions, all as currently in effect and all of which are subject to change and to different interpretations. Changes to any of the foregoing authorities could apply on a retroactive basis, and could affect the U.S. federal income tax considerations described below. We will not seek a ruling from the IRS with respect to the matters discussed in this section and we cannot assure you that the IRS will not challenge one or more of the tax considerations described below. This summary does not address all of the U.S. federal income tax considerations that may be relevant to a particular investor’s circumstances and, other than income taxation, it does not discuss any aspect of U.S. federal tax law or any state, local or non-U.S.tax consequences of the purchase, ownership and disposition, including redemption, of the debt securities, common stock and preferred stock. This summary addresses only debt securities purchased at initial issuance and debt securities, shares of common and shares of preferred stock held as capital assets within the meaning of the Code (generally, property held for investment) and does not address U.S. federal income tax considerations applicable to investors that may be subject to special tax rules, such as:

| ● |     | securities dealers or brokers, or traders in securities electing mark-to-market treatment; |

| ● |     | any government (or instrumentality or agency thereof); |

| ● |     | banks, thrifts, or other financial institutions; |

| ● |     | insurance companies; |

| ● |     | regulated investment companies or real estate investment trusts; |

| ● |     | common trust funds; |

| ● |     | tax-exempt organizations; |

| ● |     | retirement plans; |

| ● |     | persons holding our debt securities or shares, as applicable, as part of a “straddle,”                                                                                           
 “hedge,” “synthetic security,” “constructive sale transaction” or “conversion transaction” for U.S. federal income tax purposes, or as part of some other integrated investment; |

| ● |     | partnerships or other pass-through entities,