Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 78

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 78
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 2019. 6. The peer group used for this purpose is the KBW Nasdaq Bank Index. 7. The amounts reported are from the Company’s audited financial statements for the applicable year. 8. ROTCEis a non-GAAP financial measure. For additional information, including a corresponding reconciliation to GAAP financial measures, see Notes on Non-GAAP Financial Measures .

| 86 |     | Wells Fargo & Company |

Pay Versus Performance Relationship of Information Presented in the Pay Versus Performance Table and Financial Measures As described in more detail in the CD&A, the Company’s executive compensation program reflects a pay-for-performance philosophy. While the Company utilizes several performance measures to align executive compensation with Company performance, all of those Company measures are not presented in the Pay Versus Performance table. Moreover, the Company generally seeks to incentivize long-term performance, and therefore does not specifically align the Company’s performance measures with “compensation actually paid.” The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are: (1) ROTCE; (2) Total Revenue; and (3) Efficiency Ratio. Each of these performance measures is included in the evaluation of Company performance as part of the variable compensation program, and PSAs carry performance requirements tied to relative and/or absolute ROTCE. In accordance with SEC rules, the Company is providing the following charts to reflect the relationships between the information presented in the Pay Versus Performance table.

<div align='center'>Compensation Actually Paid vs. TSR 1</div>

| g | Compensation         
 Actually Paid to PEO |     | g | Average Compensation  
 Actually Paid to NEOs 
 (excluding PEO)       |     | g | Wells Fargo 
 TSR         |     | g | Peer Group 
 TSR        |

Compensation Actually Paid vs. Net Income

| g |     | Compensation         
 Actually Paid to PEO |     | g | Average Compensation  
 Actually Paid to NEOs 
 (excluding PEO)       |     | g | Net Income |

Compensation Actually Paid vs. ROTCE

| g | Compensation         
 Actually Paid to PEO |     | g | Average Compensation  
 Actually Paid to NEOs 
 (excluding PEO)       |     | g | ROTCE |

1. Cumulative Total Shareholder Return (TSR) is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment