Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 100

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 100
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 with such restriction, in line with our disclosures regarding 527 Organizations.

In addition, next year we plan to disclose on our GRPP website the annual amount spent on federal lobbying activities.

Previously, in 2023, we enhanced our disclosures regarding Board oversight, adding information about our decision-making approaches for political engagement. And more recently, in 2024, we further enhanced the disclosures on our GRPP website, to include:

• information about the approval process for our public policy-oriented trade association memberships, which includes initial and annual approval by the Head of GRPP and Board committee-level oversight, and for each of our principal trade associations, the percentage of dues paid that is attributable to lobbying;

• a statement that Wells Fargo does not engage in direct grassroots lobbying, and if we do engage in direct grassroots lobbying in the future, we will disclose such activity where and as required by law;

• additional disclosures about advocacy and lobbying in the state and local jurisdictions where we are registered to lobby, by including hyperlinks to the websites where our state and local lobbying disclosure reports are housed;

#### 104Wells Fargo & Company

#### Shareholder Proposals
• information about Wells Fargo’s established criteria guiding our decision-making for supporting candidates through the Wells Fargo PACs, which includes supporting candidates who:

– represent the communities where we have a large presence;

– understand the important role the financial services industry plays in the economy;

– are in legislative or political leadership roles; or

– serve on important committees that have jurisdiction over issues that impact the financial services sector; and

• information about the attestation letters that we obtain from 527 Organizations, which affirm that our payments will only be used for operational and administrative purposes.

These disclosures are available on our GRPP website at https://www.wellsfargo.com/about/responsibility-and-impact/government-relations/ .

Based on our conversations with shareholders and the voting outcome for the 2024 Proposal and 2023 Proposal, we believe we provide appropriate disclosures for understanding our political and public policy contributions, and that recent and upcoming enhancements to these disclosures have been responsive to shareholder feedback.

Our Practices

As disclosed on our GRPP website, we do not use corporate money or resources to influence U.S. domestic or non-U.S. candidate elections, which includes assisting candidate campaign committees, political parties, caucuses, independent expenditure or other political committees. Wells Fargo sponsors PACs that make contributions to candidates and only accept funding through voluntary contributions by eligible employees and directors. As noted above, we have established