Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 187

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 187
---
 us. |

123

Replacement of Unit Certificates or Purchase Contract Certificates.We will replace any mutilated certificate evidencing a definitive unit or purchase contract at the expense of the holder upon surrender of that certificate to the unit agent. We will replace certificates that have been destroyed, lost or stolen at the expense of the holder upon delivery to us and the unit agent of evidence satisfactory to us and the unit agent of the destruction, loss or theft of the certificates. In the case of a destroyed, lost or stolen certificate, an indemnity satisfactory to the unit agent and to us may be required at the expense of the holder of the units or purchase contracts evidenced by that certificate before a replacement will be issued. The unit agreement provides that, notwithstanding the foregoing, no replacement certificate need be delivered:

| ● |     | during the period beginning 15 days before the day of mailing of a notice of redemption or of any other exercise                                                                                             
 of any right held by us with respect to the unit or any security constituting the unit evidenced by the mutilated, destroyed, lost or stolen certificate and ending on the day of the giving of that notice; |

| ● |     | if the mutilated, destroyed, lost or stolen certificate evidences any security selected or called for redemption 
 or other exercise of a right held by us; or                                                                      |

| ● |     | at any time on or after the date of settlement or redemption for any purchase contract included in the unit                                                                                
 evidenced by the mutilated, destroyed, lost or stolen certificate, except with respect to any units that remain or will remain outstanding following the date of settlement or redemption. |

Unit Agreement Not Qualified under Trust Indenture Act.The unit agreement will not be qualified as an indenture under, and the unit agent will not be required to qualify as a trustee under, the Trust Indenture Act. Accordingly, the holders of units and purchase contracts will not have the benefits of the protections of the Trust Indenture Act. However, any debt securities issued as part of a unit will be issued under an indenture qualified under the Trust Indenture Act, and the trustee under that indenture will be qualified as a trustee under the Trust Indenture Act. Title.We, the unit agent, the applicable trustee and any of their agents will treat the registered owner of any unit as its owner, notwithstanding any notice to the contrary, for all purposes. New York Law to Govern.The unit agreement, the units and the purchase contracts constituting part of the units will be governed by,