Company: WFC-PC
Filing Date: 2025-08-26
Form Type: S-3/A
Source: 0001193125-25-188722
Chunk: 58

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-26
Form: S-3/A
Chunk 58
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 securities held by a holder equal to an authorized denomination. If we redeem less than all of the debt securities and the debt securities are then held in book-entry form, the redemption will be made in accordance with the depositary’s customary procedures. We have been advised that it is DTC’s practice to determine by lottery the amount of each participant in the debt securities to be redeemed. Unless we default in the payment of the redemption price, on and after the redemption date interest will cease to accrue on the debt securities called for redemption. Optional Make-Whole Redemption of Debt Securities.If the applicable prospectus supplement provides that a series of debt securities is redeemable at our option and also provides for the payment of a redemption premium on any day included in a Make-Whole Redemption Period (as defined below), the following provisions will apply unless otherwise specified in the applicable prospectus supplement. Upon redemption of such debt securities, we will pay a redemption price equal to the greater of: (i) the Make-Whole Amount (as defined below) and (ii) 100% of the principal amount of the debt securities to be redeemed, plus, in either case, accrued and unpaid interest on the debt securities to be redeemed to, but excluding, the date of such redemption. 40

The following terms are relevant to the determination of the redemption price:

The “” means the date specified in the applicable prospectus supplement.

The “” is (i) the sum of the present values of the remaining scheduled payments of principal and
interest thereon discounted to the date of such redemption (assuming the debt securities matured on the First Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined below) plus the Make-Whole Spread (as defined below) less (ii) interest accrued to the date of such redemption.

The “” means the period specified in the applicable prospectus supplement during which debt
securities are redeemable at our option upon payment of a redemption premium.

The “” means the spread
specified in the applicable prospectus supplement for debt securities redeemable at our option upon payment of a redemption premium.

The
“” means, with respect to any redemption date, the yield determined by us in accordance with the following two paragraphs.

The Treasury Rate shall be determined by us after 4:15 p.m., New York City time (or after such time as yields on U.S. government securities
are posted daily by the FRB