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

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-06-06
Form: S-3
Chunk 3
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 |  61 |
| DESCRIPTION OF DEPOSITARY SHARES                |     | 113 |
| DESCRIPTION OF COMMON STOCK                     |     | 116 |
| DESCRIPTION OF PURCHASE CONTRACTS               |     | 119 |
| DESCRIPTION OF SECURITIES WARRANTS              |     | 125 |
| BENEFIT PLAN INVESTOR CONSIDERATIONS            |     | 129 |
| UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS |     | 131 |
| PLAN OF DISTRIBUTION (CONFLICTS OF INTEREST)    |     | 147 |
| LEGAL OPINIONS                                  |     | 155 |
| EXPERTS                                         |     | 155 |

ABOUT THIS PROSPECTUS

This prospectus is part of a registration statement that Wells Fargo & Company filed with the Securities and Exchange Commission, or
the “,” using a “shelf” registration process. Under this shelf process, we may sell, either separately or together, debt securities, preferred stock, depositary shares, common stock, purchase contracts, units and
securities warrants in one or more offerings.

This prospectus provides you with a general description of the debt securities, preferred
stock, depositary shares, common stock, purchase contracts, units and securities warrants that we may issue. Each time we sell securities, we will provide a prospectus supplement that will contain specific information about the terms of that
offering. Such prospectus supplement may also add, update or change information contained in this prospectus. You should read this prospectus and the applicable prospectus supplement together with the additional information described under the
section entitled “Where You Can Find More Information.” We may also prepare free writing prospectuses that describe particular securities. Any free writing prospectus should also be read in connection with this prospectus and with any
prospectus supplement referred to therein. For purposes of this prospectus, any reference to an applicable prospectus supplement may also refer to a free writing prospectus, unless the context otherwise requires.

When we refer to “,” “,” “,” “” and
“” in this prospectus under the section entitled “The Company,” we mean Wells Fargo & Company and its subsidiaries unless the context indicates otherwise. When such terms are used elsewhere in this prospectus,
we refer only to Wells Fargo & Company unless the context indicates otherwise.

The registration statement that contains this
prospectus, including the exhibits to the registration statement, contains additional information about us and the securities offered under this prospectus. That