Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 163

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 163
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 the Series FF depositary shares are held through a broker or financial institution nominee, the beneficial holder must rely on the procedures of such
broker or financial institution to assert the rights of a depositary receipt holder described in this section.

The depositary will
distribute all cash dividends or other cash distributions received on the Series FF preferred stock to the holders of record of Series FF depositary shares in proportion to the numbers of such depositary shares owned by each holder. In the event of
a distribution other than in cash, the depositary will distribute property received by it to the holders of record of the Series FF depositary shares in proportion to the number of Series FF depositary shares held by each holder, unless the
depositary determines that it is not feasible to make such distribution, in which case the depositary may, with our approval, adopt a method of distribution that it deems practicable, including the sale of such property and distribution of the net
proceeds from such sale to such holders.

Record dates for the payment of dividends and other matters relating to the Series FF
depositary shares are the same as the corresponding record dates for the Series FF preferred stock.

The amounts distributed to holders
of the Series FF depositary shares will be reduced by any amounts required to be withheld by the depositary or by us on account of taxes or other governmental charges.

If the Series FF preferred stock underlying the Series FF depositary shares is redeemed (i) after September 15, 2029, in whole or
in part, or (ii) prior to September 15, 2029, in whole, but not in part, due to the occurrence of a Regulatory Capital Treatment Event, Series FF depositary shares will be redeemed with the proceeds received by the depositary from the
redemption of the Series FF preferred stock held by the depositary. The redemption price per Series FF depositary share will be equal to 1/25th of the applicable redemption price per share payable with respect to such Series FF preferred stock
(or $1,000 per Series FF depositary share), plus an amount equal to any declared and unpaid dividends, without accumulation of any undeclared dividends. If less than all the Series FF preferred stock is redeemed after September 15, 2029, the
Series FF depositary shares to be redeemed will be selected pro rata, or in any other manner the depositary may determine to be fair and equitable.

When the depositary receives notice of any meeting at which the holders of the Series