Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 96

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 96
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 equal to $10.00 per DEP Share. We must provide no less than 30 and no more than 60 days’ notice prior to any date specified for redemption of the DEP Shares. If we redeem less than all of the outstanding DEP Shares, then we must redeem all DEP Shares held by holders of fewer than one-tenthof a share, or by holders that would hold fewer than one-tenthof a share following the redemption. In the event of liquidation, holders of our DEP Shares are entitled to receive, before any distribution is made to the holders of common stock or any other junior stock, but after any distribution to any other class or series of our preferred stock issued in exchange for preferred stock established by the Wachovia board of directors after September 1, 2001, an amount equal to $10.00 per DEP Share. The holders of DEP Shares have no other right or claim to any of our remaining assets. Each one one-thousandthof a DEP Share has a corresponding liquidation preference of $0.01. Holders our DEP Shares do not have voting rights, except those required by applicable law or the rules of a securities exchange on which the DEP Shares may be listed. Series G Preferred Stock.Our Class A Preferred Stock, Series G, which we refer to as our “ Series G preferred stock,” will be issuable in exchange for Series A Preferred Securities issued by Wachovia Preferred Funding Corp., an indirect subsidiary of Wells Fargo & Company, only at the direction of the Office of the Comptroller of the Currency (the “ OCC”) under the following specified circumstances: 68

| ● |     | Wells Fargo Bank, N.A. becomes undercapitalized under the OCC’s “prompt corrective action” 
 regulations; or                                                                            |

| ● |     | Wells Fargo Bank, N.A. is placed into conservatorship or receivership; or |

| ● |     | the OCC, in its sole discretion, anticipates that Wells Fargo Bank, N.A. may become undercapitalized in the near                                            
 term, or takes supervisory action that limits the payment of dividends by Wachovia Preferred Funding Corp. and in connection therewith directs an exchange. |

The Series G preferred stock, if and when issued, will be represented by depositary shares issued by us, each representing one six-hundredthof a share of our Series G preferred stock. If and when issued, our depositary shares will be validly