Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 87

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 87
---
 would be regulated as a bank holding company under the Bank Holding Company Act. In addition, an existing bank holding company would need to obtain the FRB’s approval before acquiring more than 5% of any class of our voting securities. Separately, under the Change in Bank Control Act of 1978, any “person,” including an individual or company other than a bank holding company, may need to obtain the FRB’s approval before acquiring 10% or more of any class of our voting securities. All series of our preferred stock are considered a single “class of voting shares” under the Bank Holding Company Act because they generally vote together on all matters as described below under “—Voting Rights.” The preferred stock will have the dividend, liquidation, redemption, voting and conversion rights described in this section unless the applicable prospectus supplement provides otherwise. You should read the prospectus supplement relating to the particular series of the preferred stock it offers for specific terms, including:

| ● |     | the title, stated value and liquidation preference of the preferred stock and the number of shares offered; |

| ● |     | the initial public offering price at which we will issue the preferred stock; |

| ● |     | the dividend rate or rates, or method of calculation of dividends, the dividend periods, the dates on which                                                             
 dividends will be payable and whether the dividends will be cumulative or non-cumulative and, if cumulative, the dates from which the dividends will start to cumulate; |

| ● |     | any redemption or sinking fund provisions; |

| ● |     | any conversion provisions; |

| ● |     | whether we have elected to offer depositary shares as described under “Description of Depositary 
 Shares” below; and                                                                               |

| ● |     | any additional dividend, liquidation, redemption, sinking fund and other rights, preferences, privileges, 
 limitations and restrictions.                                                                             |

When we issue shares of preferred stock, they will be fully paid and non-assessable.This means you will have paid the full purchase price for your shares of preferred stock and you will not be assessed any additional amount for your stock. Unless the applicable prospectus supplement specifies otherwise:

| ● |     | each series of preferred stock will rank equally in all respects with the outstanding shares of preferred stock 
 and each other series of preferred stock offered under this prospectus;                                         |

| ● |     | the preferred stock will have no preemptive rights to subscribe for any additional securities which we may issue                                                                         
 in the future