Company: WFC-PC
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000072971-25-000090
Chunk: 134

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 134
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#### 2025 Proxy Statement127

#### Notes on Non-GAAP Financial Measures
Tangible common equity (including adjusted ROE and adjusted ROTCE) (in millions, except ratios)

|                                                                                                               |     |        |     | Year ended   
 Dec 31, 2024 |         |   |     |         | Dec 31, 2023 | Dec 31, 2022* |         |     | Dec 31, 2021* |         |     | Dec 31, 2020* |         |     |
|:--------------------------------------------------------------------------------------------------------------|:----|:-------|:----|:-------------|--------:|:--|:----|--------:|:-------------|:--------------|--------:|:----|:--------------|--------:|:----|:--------------|--------:|:----|
| Net income applicable to common stock                                                                         |     | -A     |     |              |  18,606 |   |     |  17,982 |              |               |  12,562 |     |               |  20,256 |     |               |   1,786 |     |
| Adjustments for notable items:                                                                                |     |        |     |              |         |   |     |         |              |               |         |     |               |         |     |               |         |     |
| FDIC special assessment                                                                                       |     |        |     |              |     243 |   |     |   1,931 |              |               |       — |     |               |       — |     |               |       — |     |
| Applicable income tax expense related to notable items1                                                       |     |        |     |              |      60 |   |     |     477 |              |               |       — |     |               |       — |     |               |       — |     |
| Adjusted net income applicable to common stock                                                                |     | -B     |     |              |  18,789 |   |     |  19,436 |              |               |         | n/a |               |         | n/a |               |         | n/a |
| Average total equity                                                                                          |     |        |     |              | 183,879 |   |     | 184,860 |              |               | 183,167 |     |               | 191,219 |     |               | 184,689 |