Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 132

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 132
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• FDIC special assessment of $1.9 billion (pre-tax)

#### 126Wells Fargo & Company

#### Notes on Non-GAAP Financial Measures
The tables below provide a reconciliation of these non-GAAP financial measures to GAAP financial measures.

#### Notes on Non-GAAP Financial Measures
Adjusted noninterest expense, adjusted pre-tax pre-provision profit, and adjusted efficiency ratio ($ in millions)

|                                                                 |     |        |     | Year ended   
 Dec 31, 2024 |     |   |        |   | Dec 31, 2023 |        |   |
|:----------------------------------------------------------------|:----|:-------|:----|:-------------|:----|:--|-------:|:--|:-------------|-------:|:--|
| Revenue                                                         |     | -A     |     |              |     | $ | 82,296 |   |              | 82,597 |   |
| Noninterest expense                                             |     | -B     |     |              |     |   | 54,598 |   |              | 55,562 |   |
| Adjustments for notable items:                                  |     |        |     |              |     |   |        |   |              |        |   |
| Federal Deposit Insurance Corporation (FDIC) special assessment |     |        |     |              |     |   |    243 |   |              |  1,931 |   |
| Adjusted noninterest expense                                    |     | -C     |     |              |     |   | 54,355 |   |              | 53,631 |   |
| Efficiency ratio                                                |     | -B)/(A |     |              |     |   |     66 | % |              |     67 | % |
| Adjusted efficiency ratio                                       |     | -C)/(A |     |              |     |   |     66 | % |              |     65 | % |
| Pre-tax pre-provision profit (PTPP)1                            |     | -A)-(B |     |              |     |   | 27,698 |   |              | 27,035 |   |
| Adjusted PTPP                                                   |     | -A)-(C |     |              |     |   | 27,941 |   |              | 28,966 |   |

1. Management believes that PTPP is a useful financial measure because it enables investors and others