Company: WFC-PC
Filing Date: 2025-04-11
Form Type: PX14A6G
Source: 0001214659-25-005803
Chunk: 3

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-11
Form: PX14A6G
Chunk 3
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_ESFR_Methodology.pdf

<div align='center'>This is not a solicitation of authority to vote your proxy.

Please DO NOT send us your proxy card as it will not be accepted.</div>

NYCRS Energy Supply Ratio (ESR) Shareholder Proposal Support Item 6 at Wells Fargo’s April 29, 2025 Annual Meeting This is not a solicitation of authority to vote your proxy. Please do not send us your proxy card as it will not be accepted. Corporate Governance & Responsible Investment

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• ESR = Financing of low - carbon energy supply relative to financing of fossil - fuel energy supply • A dollar - based metric that reflects a bank’s financing mix between clean and fossil fuel energy • Proposal seeks only disclosure , leaving methodology and definitions entirely at management’s discretion • It does not constrain any banks financing activities • Requested disclosure should describe methodology, including what Company classifies as “low carbon” or “fossil fuel • Complements climate - related disclosures with a dollar - based metric using a bank’s internal data • Enables investors to better assess: • a bank’s energy transition opportunities • the prioritization, pace and scale of its transition • its management of risks associated with fossil fuel financing and the shift to low - carbon energy supply • bank’s role in shaping energy supply • Includes equity and debt underwriting, project finance - and lending, if methodologically sound Energy Supply Ratio (ESR): The Proposal This not a solicitation of authority to vote your proxy. Please do not send us your proxy card as it will not be accepted.

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Wells Fargo is 1 of 7 NYC focus companies Common Attributes x Among the largest energy underwriters and lenders - ranking among the top financiers of fossil fuels x Substantial bank - specific commitments to sustainable finance, as defined by each bank 3 This is not a solicitation of authority to vote your proxy. Please do not send us your proxy card as it will not be accepted. 2025 AGM date 2024 Proposal Outcome Bank 4/22/2025 26% Bank of America Disclosure commitment after withdrawal Citigroup 4/23/2025 29% Goldman Sachs Disclosed ESR in Sept. 2024 JPMorgan 5/15/2025 23% Morgan Stanley Disclosure commitment after withdrawal RBC 4/29/2025 2025 is 1 st filing Wells Fargo

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Key Developments since Wells Fargo’s 2024 AGM •