Company: WFC-PC
Filing Date: 2025-06-06
Form Type: S-3
Source: 0001193125-25-137239
Chunk: 194

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 194
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 the securities. 129

Any purchaser or holder of the securities or any interest in the securities will be deemed to have represented by its purchase and holding that either:

| ● |     | no portion of the assets used by such purchaser or holder to acquire or hold the securities constitutes assets of 
 any plan or non-ERISA arrangement; or                                                                             |

| ● |     | the acquisition, holding and subsequent disposition of the securities by such purchaser or holder will not                                                
 constitute or result in a non-exempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code or a violation under any similar laws. |

Due to the complexity of these rules and the penalties that may be imposed upon persons involved in non-exemptprohibited transactions, it is particularly important that fiduciaries or other persons considering purchasing the securities on behalf of or with “plan assets” of any plan consult with their counsel regarding the potential consequences under ERISA, the Code, and any applicable similar law, of the acquisition and holding of the securities and the availability of exemptive relief. The securities are contractual financial instruments. The financial exposure provided by the securities is not a substitute or proxy for, and is not intended as a substitute or proxy for, individualized investment management or advice for the benefit of any purchaser or holder of the securities. The securities have not been designed and will not be administered in a manner intended to reflect the individualized needs and objectives of any purchaser or holder of the securities. Purchasers of the securities have the exclusive responsibility for ensuring that their purchase, holding and subsequent disposition of the securities does not violate the fiduciary or prohibited transaction rules of ERISA or the Code or provisions of any similar law. Nothing herein shall be construed as a representation that an investment in the securities would be appropriate for, or would meet any or all of the relevant legal requirements with respect to investments by, plans or non-ERISAarrangements generally or any particular plan or non-ERISAarrangement. Neither this discussion nor anything else in this prospectus is or is intended to be investment advice directed at any potential purchaser that is a plan or non-ERISAarrangement, or at such purchasers generally, and such purchasers should consult and rely on their counsel and advisers as to whether an investment in the securities is suitable and consistent with ERISA, the Code and any similar law, as applicable. 130

UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS The following discussion is a general summary of the material U.S.