Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 81

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 81
---
5

Following Meridian’s analysis of our non-employee director compensation program, including in comparison to the Labor Market Peer Group, and upon the recommendation of the GNC, our Board has approved changes to the program, effective April 1, 2025. The changes include discontinuing Board, committee, and subcommittee meeting fees; increasing the value of the annual stock award to $265,000; increasing the annual board member cash retainer to $110,000; and increasing the GNC Chair retainer to $35,000 in connection with the GNC’s expanded responsibilities following the integration of the CRC.

Director Compensation

The table below provides information on 2024 compensation for our non-employee directors. Our Company reimburses directors for expenses incurred in their Board service, including the cost of attending Board and Committee meetings.

#### 2024 Director Compensation Table
| Name                    |     | Fees       
 Earned     
 or Paid in 
 Cash1,2    
 ($)        |         |    | Stock  
 Award3 
 ($)    |         |    | Option  
 Awards4 
 ($)     |   |    | Non-Equity     
 Incentive Plan 
 Compensation   
 ($)            |   |    | Change       
 in Pension   
 Value and    
 Nonqualified 
 Deferred     
 Compensation 
 Earnings     |   |    | All Other    
 Compensation 
 ($)          |   |    | Total 
 ($)   |         |    |
| (a)                     |     |            |         | -b |        |         | -c |         |   | -d |                |   | -e |              |   | -f |              |   | -g |       |         | -h |
| Steven D. Black         |     |            | 100,198 |    |        | 490,505 |    |         | — |    |                | — |    |              | — |    |              | — |    |       | 590,703 |    |
| Mark A. Chancy          |     |            | 110,000 |    |        | 240,009 |    |         | — |    |                | — |    |              | — |    |              | — |    |       | 350,009 |    |
| Celeste A. Clark        |     |            | 125,000 |    |        | 240,009 |    |         | — |    |                | — |    |              | — |