Company: WFC-PC
Filing Date: 2025-04-11
Form Type: PX14A6G
Source: 0001214659-25-005803
Chunk: 0

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-11
Form: PX14A6G
Chunk 0
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<div align='center'>U.S. Securities and Exchange Commission

Washington, DC 20549

Notice of Exempt Solicitation

Submitted Pursuant to Rule 14a-6(g)</div>

1. Name of the Registrant: Wells Fargo
& Company

2. Name of person relying on exemption:
The Comptroller of the City of New York, on behalf of the New York City Employees’ Retirement System, the New York City Teachers’
Retirement Systems, and the New York City Police Pension Fund,

3. Address of person relying on exemption:
1 Centre Street, 8 Floor, New York, New York 10007

4. Written materials required to be submitted pursuant to Rule 14a-6(g)(1):

| · | Attachment 1: Letter and PowerPoint Presentation to shareholders in support 
 of NYCRS' Clean Energy Financing Ratio Shareholder Proposal                 |

April 11, 2025

Dear Fellow Wells Fargo Shareholders,

Re: Vote FOR Item 6 on Energy Supply Ratio (ESR) disclosure

I urge you to vote FOR Item 6 on Energy Supply Ratio (ESR) disclosure
at Wells Fargo’s annual meetingon April 29, 2025. As Comptroller of the City of New York, I serve as custodian, investment
advisor, and a trustee for the five New York City Retirement Systems. The two Systems that submitted Item 6 are long-term institutional
investors of Bank of America.

The bank is one of the largest energy underwriters and lenders, ranking
among the top financiers of fossil fuel. The International Energy Agency (IEA) has emphasized that global investment in low-carbon energy
supply must triple by 2030 to meet Paris Agreement’s climate targets. While Wells Fargo no longer maintains a net zero goal, it
continues to recognize the material risks and opportunities associated with climate change. In its 2024 10-K, the bank acknowledges that
“our operations, businesses, and clients could be adversely affected by the impacts related to climate change.” At the same
time, the bank states in its 2024 Climate Report, “[w]e understand the role financial institutions can play to address climate change,
and we see significant business opportunities in supporting our clients’ climate transition efforts.” The bank re-affirmed
its commitment to “Sustainable Finance” in February 2025.

ESR, a dollar-based metric, complements GHG disclosures
by showing how financing is allocated between low-car