Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 73

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 73
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31, 2024. To estimate the payment amounts for each NEO, we used the closing price of our common stock on December 31, 2024 of $70.24.

The following items are not included in the table or description below:

• Retirement benefits under our Cash Balance Plan, which are described above under 202 4 Pension Benefits .

• Distributions of balances under our deferred compensation plans, which balances are shown in the 2 02 4 Nonqualified Deferred Compensation table above.

• Payments and benefits provided on a nondiscriminatory basis to employees upon termination of employment. These include accrued salary and accrued but unused paid time off, severance payments under our Severance Plan, distributions of plan balances under our 401(k) Plan, and welfare benefits provided to all retirees, including access to unsubsidized retiree medical insurance. If eligible under the Severance Plan, employees receive post-termination severance payments based on no more than $350,000 annual salary for 8 to 52 weeks depending on the number of completed years of service. If terminated as described below under Estimated Post-Employment Payments and eligible for the Severance Plan, our NEOs would receive the following aggregate amount under the Severance Plan, as of December 31, 2024: Mr. Scharf, $67,308; Mr. Santomassimo, $53,846; Mr. Weiss, $255,769; Mr. Rivas, $53,846; Ms. Engle, $53,846.

#### 2025 Proxy Statement81

#### Executive Compensation
Estimated Post-Employment Payments 1

|                         |     |                 |     | Type of Termination2,3,4,5 |            |       |     |            |                                 |
| Name                    |     | Type of Payment |     |                            |            | Death 
 ($)   |     |            | Disability; Involuntary Due to  
 Displacement, Divestiture, or   
 Affiliate Change in Control; or 
 Retirement                      
 ($)                             |
| Charles W. Scharf       |     | RSRs            |     |                            | 34,065,641 |       |     | 40,193,440 |                                 |
|                         |     | PSAs            |     |                            | 36,963,186 |       |     | 45,981,670 |                                 |
| Michael P. Santomassimo |     | RSRs            |     |