Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 29

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 29
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 Review of Succession Plans                                                                                                                                                                                                                                                                                    
 Annually, the Board conducts a review of succession plans for the Operating Committee and their direct reports and provides input and feedback.                                                                                                                                                                            |
| 4 |     | Board Approval of Talent and Succession Planning Process                                                                                                                                                                                                                                                                   
 Annually, the Board approves the talent and succession planning processes, as part of its evaluation of the Board's effectiveness. This approval includes review of Operating Committee succession planning considerations.                                                                                                |

Our Corporate Governance Documents

Information about our Board’s and our Company’s corporate governance, including the following corporate governance documents, is available on our website at https://www.wellsfargo.com/about/corporate/governance :

• The Board’s Corporate Governance Guidelines, including its Director Independence Standards

• Our Code of Conduct applicable to our employees, including our executive officers and directors

• Charters for each of the Board’s standing committees

• How to contact the Board of Directors, which includes an overview of our Board Communication Policy describing how shareholders and other interested parties can communicate with the Board

#### •

#### Our By-Laws

#### 40Wells Fargo & Company
Executive Compensation

| Item 2                                                                                                                         
 Advisory Resolution to Approve Executive Compensation (Say on Pay)                                                             |
| Our Board recommends a voteFORthe advisory resolution to approve the 2024 compensation of our Named Executive Officers (NEOs). |

In accordance with Section 14A of the Securities Exchange Act of 1934, as amended, this proposal seeks a shareholder advisory vote to approve the 2024 compensation of our NEOs as disclosed pursuant to applicable SEC regulations. Our Board believes that our executive compensation program effectively aligns NEO pay with Company and individual performance and shareholder interests and appropriately motivates and retains our NEOs. Although this advisory vote is nonbinding, the Board values the views of our shareholders and will consider the outcome of the vote when making future compensation decisions for NEOs.

After considering the results of our 2023 advisory resolution on the frequency of Say on Pay votes, the Board has currently determined to hold annual Say on Pay votes. Thus, we expect the next vote following this 2025 Annual Meeting to be held at the 2026 annual meeting.

We are asking our shareholders to approve the following resolution:

RESOLVED , that the compensation paid to the Company’s NEOs, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis ( CD&A ), compensation tables, and narrative discussion, is hereby APPROVED .

| Item