Company: WFC-PC
Filing Date: 2025-06-18
Form Type: 11-K
Source: 0000072971-25-000160
Chunk: 13

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-18
Form: 11-K
Chunk 13
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| Mutual funds                |     |                   |  2,330,297,876 |     |         |              — |     |         | — |     |       |  2,330,297,876 |
| Total multi-manager funds   |     |                   |  2,330,297,876 |     |         |  8,369,971,717 |     |         | — |     |       | 10,700,269,593 |
| Stable Value Fund           |     |                   |                |     |         |                |     |         |   |     |       |                |
| Collective investment funds |     |                   |              — |     |         |     79,159,146 |     |         | — |     |       |     79,159,146 |
| Company common stock        |     |                   |  9,314,738,444 |     |         |              — |     |         | — |     |       |  9,314,738,444 |
| Total investments           
 at fair value               |     | $                 | 12,877,831,566 |     |         | 34,053,980,331 |     |         | — |     |       | 46,931,811,897 |

(6)

#### Related Party Transactions and Party-in-Interest
The Plan allows participants to invest in Company common stock within the Wells Fargo ESOP Fund.

The Plan engaged in transactions involving acquisition or disposition of units of participation in certain investments managed by a subsidiary of Allspring Global Investments, LLC (“Allspring”) through December 4, 2023. The Company has a noncontrolling interest in Allspring, which may be considered a party-in-interest with respect to the Plan. Such transactions, even if considered parties-in-interest transactions under ERISA regulations, are covered by an exemption from the “prohibited transaction” provisions of ERISA and the IRC. Additionally, the Stable Value Fund manager is a subsidiary of Allspring and the Company pays the investment management fees of such affiliate that are associated with the Stable Value Fund.

(7)

#### Other Income
The Plan periodically receives monies from litigation settlements or other residual proceeds (“Proceeds”) related to the Plan, or prior plans that merged into the Plan, in which the Plan Administrator or their delegate is typically responsible for determining how these Proceeds will be allocated to the Plan.

These Proceeds are deposited into a Plan level interest