Company: WFC-PC
Filing Date: 2025-08-28
Form Type: 424B2
Source: 0001193125-25-191319
Chunk: 3

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-28
Form: 424B2
Chunk 3
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 our subsidiaries. Various federal and state statutory provisions and regulations limit the amount of dividends our subsidiary banks and certain other subsidiaries may pay without regulatory approval.

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RISK FACTORS

Your investment in the notes involves risks. This prospectus supplement, the accompanying prospectus and the documents incorporated by
reference do not describe all of those risks. Before purchasing any notes, you should carefully consider the risk factors contained in the accompanying prospectus and the other information contained or incorporated by reference in this prospectus
supplement, including the risk factors contained in our annual and quarterly reports. Additional risks specific to particular notes may also be detailed in the applicable pricing supplement. You should consult your financial, legal,
tax and other professional advisors as to the risks associated with an investment in our notes and the suitability of the investment for you.

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DESCRIPTION OF NOTES The following description of the particular terms of the notes offered under this prospectus supplement adds to, and to the extent inconsistent therewith, replaces the description of the general terms and provisions of the debt securities contained in the accompanying prospectus. The particular terms of the notes sold under any pricing supplement will be described in that pricing supplement. Unless the applicable pricing supplement specifies otherwise, the terms and conditions stated herein and, except to the extent modified hereby, in the accompanying prospectus will apply to each note. General At our option, we may issue the notes as medium-term notes, series Y, under the senior indenture referred to in the accompanying prospectus (“ senior notes”), or as subordinated medium-term notes, series Z, under the subordinated indenture referred to in the accompanying prospectus (“ subordinated notes”). The senior notes will constitute senior debt securities as described in the accompanying prospectus and the subordinated notes will constitute subordinated debt securities as described in the accompanying prospectus. The notes issued under either indenture will constitute one series under that indenture. You should read the accompanying prospectus for a general discussion of the terms and provisions of the applicable indenture. The notes may bear interest at a fixed rate (a “ fixed rate note”) and/or a floating rate (a “ floating rate note”) or may bear no interest (a “ zero coupon note”). A fixed rate note will be a fixed rate debt security as described in the accompanying prospectus and a floating rate note will be a floating rate debt security as described in the accompanying prospectus. Unless otherwise specified in the applicable pricing supplement, the notes will not be listed on any securities exchange or automated quotation system. The senior