Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 94

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 94
---
 Unless we specify otherwise in the applicable prospectus supplement, the preferred stock offered by this prospectus will rank equally in all respects with our outstanding preferred stock. Our common stock, including the common stock that may be issued upon conversion of preferred stock or in exchange for, or upon conversion of, debt securities or upon exercise of securities warrants, will be subject to any prior rights of the preferred stock then outstanding. Therefore, the rights of the outstanding preferred stock described below and any preferred stock that may be issued after the date hereof, may limit the rights of the holders of the common stock. At March 31, 2025, we had outstanding:

| ● |     | 96,546 shares of our Dividend Equalization Preferred Shares, which we refer to as our “DEP 
 Shares”;                                                                                   |

| ● |     | 3,967,906 shares of our 7.50% Non-Cumulative Perpetual Convertible                      
 Class A Preferred Stock, Series L, which we refer to as our “Series L preferred stock”; |

| ● |     | 80,000 shares of our 5.875%                                                                                                                       
 Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U, which we refer to as our “Series                               
 U preferred stock” (as represented by 2,000,000 shares of our Series U depositary shares, which we refer to as our “Series U depositary shares”); |

| ● |     | 27,600 shares of our Non-Cumulative Perpetual Class A Preferred                                                                                                                                      
 Stock, Series Y, which we refer to as our “Series Y preferred stock” (as represented by 27,600,000 shares of our Series Y depositary shares, which we refer to as our “Series Y depositary shares”); |

| ● |     | 80,500 shares of our Non-Cumulative Perpetual Class A Preferred                                                                                                                                      
 Stock, Series Z, which we refer to as our “Series Z preferred stock” (as represented by 80,500,000 shares of our Series Z depositary shares, which we refer to as our “Series Z depositary shares”); |

67

| ● |     | 46,800 shares of our Non-Cumulative Perpetual Class A Preferred                                                                                                                                          
 Stock, Series AA, which we refer to as our “Series AA preferred stock” (as represented by 46,800,000 shares of our Series AA depositary