Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 30

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 30
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 not constitute an event of default under the applicable indenture. Discount Debt Securities.Some debt securities may be considered to be issued with original issue discount, which in most cases must be included in income for U.S. federal income tax purposes at a constant yield regardless of the accounting method of the holder. We refer to these debt securities in this prospectus as “ discount notes.” See the discussion under “United States Federal Income Tax Considerations” below. In the event of a redemption or repayment of any discount note or if the principal of any debt security that is considered to be issued with original issue discount is declared to be due and payable immediately as described under “—Events of Default and Covenant Breaches” below, the amount of principal due and payable on that debt security will be limited to:

| ● |     | the aggregate principal amount of the debt security multiplied by the sum of |

| ● |     | its issue price, expressed as a percentage of the aggregate principal amount, plus |

| ● |     | the original issue discount amortized from the date of issue to the date of declaration, expressed as a 
 percentage of the aggregate principal amount.                                                           |

For purposes of determining the amount of original issue discount that has accrued as of any date on which a redemption, repayment or acceleration of maturity occurs for a discount note, original issue discount will be accrued using a constant yield method. The constant yield will be calculated using a 30-daymonth, 360-dayyear convention, a compounding period that, except for the initial period (as defined below), corresponds to the shortest period between interest payment dates for the applicable discount note (with ratable accruals within a compounding period), and an assumption that the maturity of a discount note will not be accelerated. If the period from the date of issue to the first interest payment date for a discount note (the “ initial period”) is shorter than the compounding period for the discount note, a proportionate amount of the yield for an entire compounding period will be accrued. If the initial period is longer than the compounding period, then the period 21

will be divided into a regular compounding period and a short period with the short period being treated as provided in the preceding sentence. The accrual of the applicable original issue
discount discussed above may differ from the accrual of original issue discount for purposes of the Internal Revenue Code of 1986, as amended (the “”), certain discount notes may not be treated as having original issue discount
within the meaning of the Code,