Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 223

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 223
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 with United States owners. The legislation also generally imposes a 30% withholding tax on withholdable payments to a non-financial foreign
entity unless such entity provides the paying agent with a certification that it does not have any substantial United States owners or a certification identifying the direct and indirect substantial United States owners of the entity.
“Withholdable payments” include payments of interest (including OID) with respect to debt securities and distributions in respect of common or preferred stock from sources within the United States, unless the payments of interest or
distributions are effectively connected with the conduct of a United States trade or business and taxed as such. An intergovernmental agreement between the United States and an applicable foreign country, or future Treasury regulations, may modify
these requirements.

These withholding and reporting requirements generally apply to U.S. source interest and dividends and to payments
of gross proceeds from a sale or redemption. However, under proposed Treasury regulations (the preamble to which specifies that taxpayers are permitted to rely on them pending finalization), no withholding under FATCA will apply to payments of gross
proceeds from a sale or redemption of any property of a type which can produce interest or dividends from sources within the United States. If we (or an applicable withholding agent) determine withholding under FATCA is appropriate, we (or such
agent) will withhold tax at the applicable statutory rate, without being required to pay any additional amounts as described in “Description of Debt Securities—Payment of Additional Amounts” in respect of such withholding. Investors
are urged to consult their own tax advisors regarding the application of the legislation and Treasury regulations to the debt securities.

146

PLAN OF DISTRIBUTION (CONFLICTS OF INTEREST) We may sell the securities offered under this prospectus through agents, through underwriters or dealers or directly to one or more purchasers. Underwriters, dealers and agents that participate in the distribution of the securities offered under this prospectus may be underwriters as defined in the Securities Act of 1933, as amended (the “ Securities Act”), and any discounts or commissions received by them from us and any profit on the resale of the offered securities by them may be treated as underwriting discounts and commissions under the Securities Act. Any underwriters or agents will be identified and their compensation, including any underwriting discount or commission, will be described in the applicable prospectus supplement. The applicable prospectus supplement will also describe other terms of the offering, including the initial public offering price, any discounts or concessions allowed or reallowed or paid to underwriters,