Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 86

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 86
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 processes and procedures with respect to maintaining its independence as the Company’s independent auditor. The Audit Committee receives reporting and information quarterly from management and KPMG regarding KPMG’s independence and its compliance with its internal processes and procedures.                                                                                                                                                                                                                                                                                        |

Audit Committee Determination

Based on the assessment described above, the Audit Committee and our Board believe that the continued retention of KPMG to serve as our independent auditor for 2025 is in the best interests of our Company and its shareholders.

Members of the Audit Committee:

Theodore F. Craver, Jr., Chair
Mark A. Chancy
CeCelia G. Morken
Ronald L. Sargent

#### 2025 Proxy Statement93

#### Audit Matters
Audit and Non-Audit Fees

KPMG Fees

We incurred the fees shown in the following table for professional services provided by KPMG for 2024 and 2023:

| KMPG Audit Fees ($ in millions) |     |   |      | 2024 |     |   |      | 2023 |
|:--------------------------------|:----|:--|-----:|:-----|:----|:--|-----:|:-----|
| Audit Fees1                     |     | $ | 46.8 |      |     | $ | 42.3 |      |
| Audit-Related Fees2             |     |   |  2.8 |      |     |   |  2.4 |      |
| Tax Fees3                       |     |   |  1.9 |      |     |   |  2.0 |      |
| All Other Fees4                 |     |   |  0.0 |      |     |   |  0.2 |      |
| Total                           |     | $ | 51.5 |      |     | $ | 46.9 |      |

1. Audit Fees principally relate to the audit of our annual ﬁnancial statements, the review of our quarterly ﬁnancial statements included in our Quarterly Reports on Form 10-Q, and the audit of our internal control over ﬁnancial reporting. Audit fees also relate to services such as subsidiary and statutory audits, managed fund audits, registration activities (e.g., comfort letters, consent ﬁlings, etc.), and regulatory and compliance attest services.

2. Audit-Related Fees principally relate to audits of employee beneﬁt plans, review of internal controls for selected information