Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 48

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 48
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 any, and/or multiplied by the spread multiplier, if any, in each case as applicable to such EURIBOR debt securities at the time of issuance, and subject to any applicable maximum interest rate or minimum interest rate. 33

As used herein: The term “ Non-USDBenchmark” means, initially, EURIBOR for the index maturity indicated in the applicable prospectus supplement; provided that if a Non-USDBenchmark Transition Event and its related Non-USDBenchmark Replacement Date have occurred with respect to EURIBOR or the then-current Non-USDBenchmark, then “Non-USDBenchmark” means the applicable Non-USDBenchmark Replacement. The term “ Non-USDBenchmark Reference Time” with respect to any determination of the Non-USDBenchmark means (1) with respect to EURIBOR debt securities, if the Non-USDBenchmark is EURIBOR, 11:00 a.m., Brussels time, on the relevant interest determination date, and (2) otherwise, the time determined by us or our designee in accordance with the Non-USDBenchmark Replacement Conforming Changes. The term “ Non-USDBenchmark Replacement” means, where the then-current Non-USDBenchmark is EURIBOR or another forward-looking term rate or in advance base rate for which multiple tenors are published by the applicable administrator, the Non-USDInterpolated Benchmark if applicable with respect to the then-current Non-USDBenchmark, plus the Non-USDBenchmark Replacement Adjustment for such Non-USDBenchmark if applicable; provided that if we or our designee cannot determine the Non-USDInterpolated Benchmark as of the Non-USDBenchmark Replacement Date, or if the then-current Non-USDBenchmark is not EURIBOR or another forward-looking term rate or in advance base rate for which multiple tenors are published by the applicable administrator, then “Non-USDBenchmark Replacement” means the first alternative set forth in the order below that can be determined by us or our designee as of the Non-USDBenchmark Replacement Date:

| (1) | the sum of: (a) the alternate rate of interest that has been selected or recommended by the Non-USD Relevant Governmental Body or identified through any other applicable regulatory or legislative action or guidance as the replacement for the then-current Non-USD 
 Benchmark for the applicable Non-USD Corresponding Tenor (if any) and (b) the Non-USD Benchmark Replacement Adjustment;                                                                                                                                                |

| (2) | the sum of: (a) the alternate rate of interest that has been