# EDGAR Filing Document

**Accession Number:** 0000072971
**File Stem:** 0000072971-25-000160
**Filing Date:** 2025-6
**Character Count:** 245681
**Document Hash:** 20007f1dd4b83e1718eefca7e187cfe0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000072971-25-000160.hdr.sgml**: 20250618

**ACCESSION NUMBER**: 0000072971-25-000160

**CONFORMED SUBMISSION TYPE**: 11-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20241231

**FILED AS OF DATE**: 20250618

**DATE AS OF CHANGE**: 20250618

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO & COMPANY/MN
- **CENTRAL INDEX KEY:** 0000072971
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 410449260
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 11-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-02979
- **FILM NUMBER:** 251056691

**BUSINESS ADDRESS:**
- **STREET 1:** 333 MARKET STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 8008693557

**MAIL ADDRESS:**
- **STREET 1:** 333 MARKET STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO & CO/MN
- **DATE OF NAME CHANGE:** 19981103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORWEST CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHWEST BANCORPORATION
- **DATE OF NAME CHANGE:** 19830516

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________________

**FORM 11-K**

**ANNUAL REPORT** 

**PURSUANT TO SECTION 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

**[X]**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Annual Report Pursuant to Section 15(d) of the Securities Exchange Act of 1934** 

**For the Fiscal Year Ended December 31, 2024**

**OR**

**[ ]**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Transition Report Pursuant to Section 15(d) of the Securities Exchange Act of 1934** 

**For the transition period from ___________ to ____________.**

**Commission file number 001-02979**

**_______________________________________**

A.Full title of the plan and the address of the plan, if different from that of the issuer named below:

**Wells Fargo & Company 401(k) Plan**

**c/o Wells Fargo & Company**

**550 S. 4th Street**

**Minneapolis, MN 55415**

B.Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

**Wells Fargo & Company**

**420 Montgomery Street**

**San Francisco, CA 94104**

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| | |
|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| **Table of Contents** | **Table of Contents** |
|  | <u>Page</u> |
| **Report of Independent Registered Public Accounting Firm** | &nbsp;&nbsp;<u>[1](#if34fb98579b74def8ec94578a174a87c_7)</u> |
| **Financial Statements:** |  |
| &nbsp;&nbsp;Statements of Net Assets Available for Benefits as of December 31, 2024 and 2023 | &nbsp;&nbsp;<u>[2](#if34fb98579b74def8ec94578a174a87c_10)</u> |
| &nbsp;&nbsp;Statement of Changes in Net Assets Available for Benefits for the year ended December 31, 2024  | &nbsp;&nbsp;<u>[3](#if34fb98579b74def8ec94578a174a87c_924)</u> |
| &nbsp;&nbsp;Notes to Financial Statements | &nbsp;&nbsp;<u>[4](#if34fb98579b74def8ec94578a174a87c_13)</u> |
| **Supplemental Schedule:** | **Supplemental Schedule:** |
| &nbsp;&nbsp;Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2024  | &nbsp;&nbsp;<u>[14](#if34fb98579b74def8ec94578a174a87c_61)</u> |
| **Signatures** | &nbsp;&nbsp;<u>[40](#if34fb98579b74def8ec94578a174a87c_70)</u> |
| **Exhibit Index** | &nbsp;&nbsp;<u>[41](#if34fb98579b74def8ec94578a174a87c_67)</u> |

---

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**Report of Independent Registered Public Accounting Firm**

To the Plan Participants and Plan Administrator

Wells Fargo & Company 401(k) Plan:

*Opinion on the Financial Statements*

We have audited the accompanying statements of net assets available for benefits of Wells Fargo & Company 401(k) Plan (the Plan) as of December 31, 2024 and 2023, the related statement of changes in net assets available for benefits for the year ended December 31, 2024, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2024 and 2023, and the changes in net assets available for benefits for the year ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.

*Basis for Opinion*

These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

*Accompanying Supplemental Information*

The Schedule H, line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2024 has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ KPMG LLP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

We have not been able to determine the specific year that we began serving as the Plan's auditor; however, we are aware that we have served as the Plan's auditor since at least 1989.

Cleveland, Ohio

June 18, 2025

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| | | |
|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Statements of Net Assets Available for Benefits | Statements of Net Assets Available for Benefits | Statements of Net Assets Available for Benefits |
| December 31, 2024 and 2023 | December 31, 2024 and 2023 | December 31, 2024 and 2023 |
|  | **2024** | 2023 |
| Assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments, at fair value | $**53449351051** | 46931811897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments, at contract value | **3935809874** | 4414684914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments | **57385160925** | 51346496811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notes receivable from participants | **792666444** | 798107600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | **58177827369** | 52144604411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net assets available for benefits | $**58177827369** | 52144604411 |
| See accompanying notes to financial statements. |  |  |

---

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| | |
|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Statement of Changes in Net Assets Available for Benefits | Statement of Changes in Net Assets Available for Benefits |
| Year ended December 31, 2024 | Year ended December 31, 2024 |
| Additions to net assets attributed to: |  |
| Investment income: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net appreciation in fair value of investments | $9095414370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest and dividends | 595587835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | 9691002205 |
| Contributions: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employer | 1028810596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participants | 1744071399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rollovers | 219851879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total contributions | 2992733874 |
| Interest income from notes receivable from participants | 61401853 |
| Other income | 21566565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total additions to plan assets | 12766704497 |
| Deductions to net assets attributed to: |  |
| Benefits paid to participants | 6723663332 |
| Administrative expense | 9818207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deductions from plan assets | 6733481539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase | 6033222958 |
| Net assets available for benefits: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of year | 52144604411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of year | $58177827369 |
| See accompanying notes to financial statements. |  |

---

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**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

**(1)Description of Plan**

The following description of the Wells Fargo & Company 401(k) Plan (the "Plan") provides only general information. Participants should refer to the Plan document, as amended, for a more complete description of the Plan's provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(a)General***

The Plan is a defined contribution plan with a 401(k) feature sponsored by Wells Fargo & Company (the "Company", "Wells Fargo" or "Plan Sponsor"). A portion of the Plan invested in Company stock is an Employee Stock Ownership Plan (ESOP). All subsidiaries of the Company with U.S.-based employees are participating employers in the Plan. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, and the Internal Revenue Code (IRC), as amended.

The Plan Administrator is the Plan Sponsor's Head of Human Resources (or the functional equivalent title of the most senior position in Human Resources), the Head of Total Rewards (or the functional equivalent title of the most senior position in Human Resources over compensation and benefit plans or programs other than the Head of Human Resources), and the Head of Benefits (or the functional equivalent title of the most senior position in Human Resources benefit plans and programs other than the Head of Human Resources and the Head of Total Rewards), each of whom may act individually or jointly as the Plan Administrator, or its authorized delegate. The Plan Administrator hired Empower Retirement, LLC to serve as the recordkeeper ("Recordkeeper"). Empower Trust Company, LLC is the Plan Trustee ("Trustee").

The Plan is not considered a safe harbor plan under the IRC and is subject to annual nondiscrimination testing requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(b)Eligibility***

Employees eligible to participate in the Plan generally include regular and fixed term employees employed by a participating employer who have completed one full calendar month of service. Effective January 1, 2024, the Plan was amended and restated to permit flexible employees and interns to be qualified employees and set a minimum eligibility age of 18.

Employees, who satisfy the Plan's eligibility requirements, become eligible to make salary deferral contributions on the first day of the month following one calendar month of service. Employees may be eligible to receive employer matching contributions and base contributions, after completion of one year of vesting service and satisfaction of other eligibility requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(c)Contributions and Vesting***

Each year, eligible participants may make salary deferral contributions, subject to certain limitations, from 1% to 50% of their certified compensation, as defined in the Plan. Salary deferral contributions are eligible to be matched by the Company after one year of service. Participants age 50 or older can make catch-up salary deferral contributions each year in accordance with limits set by the IRS. Catch-up contributions are generally not eligible for employer matching contributions. Participants are fully vested in their salary deferral contributions.

Employer contributions consist of two components: matching contributions and base contributions. To be eligible to receive these contributions, a participant must be employed on December 15 of the plan year, with certain exceptions. Termination of employment on or after normal retirement age, disability, and death are the three exceptions to the December 15 employment rule to be eligible for employer match and base contributions.

&nbsp;&nbsp;&nbsp;&nbsp;4&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

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**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

Matching contributions are equal to 100% of salary deferral contributions up to 6% of participant's eligible certified compensation in the plan year and are paid at year-end. Matching contributions for eligible employees hired January 1, 2021 or after are subject to 3-year cliff vesting. Eligible employees hired prior to January 1, 2021 are 100% vested in their current and future matching contributions. New matching contributions received on or after January 1, 2024 are invested according to the participant's investment elections on file on the date the matching contribution is made.

Base contributions are generally equal to 1% of an eligible participant's certified compensation for the plan year. To be eligible to receive this contribution, a participant must have completed one year of service and the sum of the participant's certified compensation and elective deferrals to the Wells Fargo & Company Deferred Compensation Plan for the plan year must be less than $75,000. Base contributions are subject to 3-year cliff vesting. Base contributions are invested in accordance with participants' investment elections on file from their choice of the available investment options offered within the Plan, or the Plan's qualified default investment alternative, if an election is not on file.

Plan participants may also elect to roll over distributions from a former employer's qualified retirement plan or a qualified Individual Retirement Account (IRA) to the Plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(d)Participant Accounts***

Each participant's Plan account is credited with the participant's salary deferral contributions, any rollover contributions, the Company's matching contributions and base contributions which are subject to investment gains and losses. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested Plan account. Each participant may elect to reallocate their plan account balance, including all or a portion of the participant's account that is invested in the Wells Fargo ESOP Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(e)Payment of Benefits and Forfeitures***

While employed, a participant may make withdrawals from his or her Plan account (as allowed under Plan provisions and IRS regulations). Certain restrictions associated with withdrawals, as described in the Plan, may be waived in the event a participant demonstrates financial hardship.

Upon termination of employment or disability (as defined by the Plan), a participant may elect to receive his or her vested Plan account balance as a lump sum, a partial lump sum distribution, or as periodic installment payments. Beneficiaries do not have the right to elect installment payments for distributions commencing on or after January 1, 2022. Prior to January 1, 2021, the option of installment payments was only available to participants who commenced installment payments prior to January 1, 2010. Certain participants with grandfathered benefits from plans merged into the Plan may also take their benefit as an annuity. Distributions from all funds are made in cash; however, a participant invested in the Company's common stock may elect to receive shares of the Company's common stock in-kind with the value of fractional shares paid in cash. If the participant's balance is, or becomes less than $1,000, following termination, a distribution is made as a lump sum, unless the participant elects to roll over their account balance. Effective January 1, 2024, the plan was amended and restated to add a plan provision to permit automatic rollover to an IRA for plan participants who have a plan account balance of $7,000 or less, but greater than $1,000 following termination of employment, if the participant has not elected a lump sum or direct rollover.

When a participant terminates employment or becomes disabled, he or she is entitled to distribution of his or her total vested account balance. The nonvested portion is forfeited and serves to reduce future employer contributions, pay plan administrative expenses, or make corrective adjustments to participants' accounts. Forfeitures used to offset employer contributions were $8,731,355 for the

&nbsp;&nbsp;&nbsp;&nbsp;5&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

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**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

year ended December 31, 2024. The forfeiture account balance was $0 for both years ended December 31, 2024 and 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(f)Notes Receivable from Participants***

Two types of loans are available to participants under the Plan: general purpose and principal residence. General purpose loans may be obtained for periods of up to five years. Principal residence loans are available only to finance the purchase or construction of the participant's principal residence and may not exceed 20 years. Participants may have two loans outstanding at any time, one of which may be a principal residence loan. The maximum amount of any loan, when added to the balance outstanding on all other loans to the participant, may not exceed the lesser of (1) $50,000 reduced by the excess (if any) of (A) the highest outstanding balance of loans from the Plan to the participant during the one-year period ending on the day before the date on which the loan is made, over (B) the outstanding balance of loans from the Plan to the participant on the date on which the loan is made, or (2) one-half of the value of the participant's vested account balance on the date on which the loan is made. The minimum principal amount for any loan is $500. The loan interest rate is 2% above the prime rate published in the Wall Street Journal on the origination date of the loan.

Repayments on loans are generally made through biweekly payroll deductions and are allocated to the participant's account and invested according to the participant's investment elections. Upon termination of employment from Wells Fargo, participants may pay off their loan in full or elect to continue to make loan payments directly to the 401(k) Plan. As of December 31, 2024 and 2023, interest rates ranged from 3.25% to 11.50% and loans mature through December 31, 2044 and December 26, 2043, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(g)Investment Options***

Salary deferral contributions, base contributions, and matching contributions are invested in accordance with participants' investment elections on file from their choice of the available investment options offered within the Plan, or the Plan's qualified default investment alternative, which is the age-appropriate target date fund, if an election is not on file.

The Plan document requires that Company common stock be offered as an available investment option to participants through the Wells Fargo ESOP Fund. The Plan Sponsor's Employee Benefit Review Committee (the "Committee") has discretion under the Plan to select additional investment alternatives to be offered to participants. Under the terms of a trust agreement, between the Company and the Trustee, the Trustee manages the Plan's assets in one or more funds ("Trust") on behalf of the Plan, except to the extent the Trustee is directed by the Committee.

**(2)Summary of Significant Accounting Policies**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(a)Basis of Presentation***

The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(b)Administrative Expenses***

All costs and expenses of administering the Plan and Trust are paid by the Company, except for certain investment management fees, which are netted against investment returns and a portion of the recordkeeping fees. Fees for managed account advisory services, overnight delivery charges, and administration of qualified domestic relation orders provided by an independent third-party are charged directly to participant accounts only for individuals that use these services.

&nbsp;&nbsp;&nbsp;&nbsp;6&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

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**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(c)Fair Value Definition and Hierarchy***

Investments are reported at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on an exit price notion that maximizes the use of observable inputs and minimizes the use of unobservable inputs.

The Plan classifies its assets and liabilities measured at fair value based upon a three-level hierarchy that assigns the highest priority to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs. The three levels are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques, for which all significant assumptions are observable in the market.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models, market comparable pricing, option models and similar techniques.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(d)Investments and Income Recognition***

Purchases and sales of securities are recorded on the trade-date basis. Interest income is recorded on the accrual basis. Dividends on common stock are allocated based upon participant account holdings in Company common stock held in the Wells Fargo ESOP Fund on the record date and are recorded in the Trust on the dividend payment date. Net appreciation or (depreciation) includes gains and or losses on investments bought and sold as well as held during the year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(e)Notes Receivable from Participants***

Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are reclassified as deemed distributions based upon the terms of the Plan and Plan loan rules, as determined by the Plan Administrator.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(f)Risks and Uncertainties***

The Plan may invest in various types of investment securities. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the statements of net assets available for benefits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(g)Use of Estimates***

The preparation of financial statements in conformity with U.S. generally accepted accounting principles may require management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein. Actual results could differ from those estimates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(h)Payment of Benefits***

Benefits are recorded when paid.

&nbsp;&nbsp;&nbsp;&nbsp;7&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

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**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

***(3)Wells Fargo ESOP Fund***

The Wells Fargo ESOP Fund consists predominantly of shares of Wells Fargo & Company Common Stock. The Plan's investment in the Company's common stock was $10,218,099,891 and $9,314,738,444 as of December 31, 2024 and 2023, respectively. The quoted market price of the Company's common stock was $70.24 and $49.22 as of December 31, 2024 and 2023, respectively.

Participants may elect to have dividends on their vested accounts held in the Wells Fargo ESOP Fund paid to them in cash or have the dividends automatically reinvested in additional shares of Company common stock in the Wells Fargo ESOP Fund. The dividend will be automatically reinvested in the Plan if: (i) a participant makes no election, (ii) if the total vested dividend for a participant is less than $5, or (iii) the participant is deceased. In 2024, the Company paid $242,680,738 to the participants for dividends on common stocks held directly.

Each participant is entitled to exercise voting rights attributable to the Company common stock allocated to his or her Plan account and is notified by the Trustee prior to the time that such rights are to be exercised. The Trustee will vote all shares of Company common stock held in the Wells Fargo ESOP Fund in proportion to "votes" cast by participants.

***(4)Investments Valued at Contract Value***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(i)Description**

The Wells Fargo Stable Value Fund (the "Stable Value Fund") primarily invests in security-backed contracts issued by insurance companies and other financial institutions. The security-backed contracts held in the Stable Value Fund guarantee a fixed return to its investors, resulting in it being considered a fully benefit responsive investment contract.

A security-backed contract is an investment contract (also known as a synthetic guaranteed investment contract (GIC) or a separate account GIC) issued by an insurance company or other financial institution, backed by a portfolio of bonds. The bond portfolio is either owned directly by the Stable Value Fund or owned by the contract issuer and segregated in a separate account for the benefit of the Stable Value Fund. The portfolio underlying the contract is maintained separately from the contract issuer's general assets, usually by a third-party custodian. The issuer guarantees that all qualified participant withdrawals will be at contract value. In the case of a full liquidation event, the issuer is responsible for covering any amount by which the contract value exceeds the fair value of the underlying portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(ii)Valuation of Underlying Investments**

Security-backed contracts are carried at contract value. Contract value is the relevant measure for fully benefit-responsive investment contracts because this is the amount received by participants when they initiate permitted transactions under the terms of the Plan. The contract rate resets periodically, normally each quarter or semi-annually, using end-of-period data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(iii)Withdrawal and Termination Provisions**

All security-backed contracts held by the Stable Value Fund are fully benefit responsive, which means withdrawals from these investment contracts may be made at contract value for qualifying benefit payments, including participant-directed transfers.

Security-backed contracts that permit the issuer to terminate at fair value generally provide that the Stable Value Fund may elect to convert such termination to an amortization election as described below. In addition, if the Stable Value Fund defaults in its obligations under the contract (including the issuer's determination that the agreement constitutes a nonexempt prohibited

&nbsp;&nbsp;&nbsp;&nbsp;8&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

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**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

transaction as defined under ERISA), and such default is not corrected within the time permitted by the contract, then the contract may be terminated by the issuer and the Stable Value Fund will receive the fair value as of the date of termination. Each contract recognizes certain "events of default" which can invalidate contracts' coverage. Among these are investments outside of the range of investments which are permitted under the investment guidelines contained in the investment contract, fraudulent or other material misrepresentations made to the investment contract provider, changes of control of the investment adviser not approved by the contract issuer, changes in certain key regulatory requirements, or failure of the Plan to be tax qualified.

Security-backed contracts also generally provide for withdrawals associated with certain events, which are not in the ordinary course of Plan operations. These withdrawals are paid with a market value adjustment applied to the withdrawal as defined in the investment contract. Each contract issuer specifies the events, which may trigger a market value adjustment; however, such events may include, but not limited to, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• material amendments to the Plan's structure or administration;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• complete or partial termination of the Plan, including a merger with another plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the failure of the Plan to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• withdrawals due to the removal of a specifically identifiable group of employees from coverage under the participating plan (such as a group layoff or early retirement incentive program), the closing or sale of a subsidiary, employing unit, or affiliate, the bankruptcy or insolvency of a plan sponsor, the merger of the Plan with another plan, or the Plan sponsor's establishment of another tax qualified defined contribution plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any change in law, regulation, ruling, administrative or judicial position, or accounting requirement, applicable to the Plan or participating plans; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the delivery of any communication to Plan participants designed to influence a participant not to invest in the Plan.

At this time, the Stable Value Fund manager does not believe that the occurrence of any such market value event, which would limit the Plan's ability to transact at contract value with participants, is probable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(iv)Wrapper Contract Fees**

The Stable Value Fund pays wrapper contract fees to the security-backed contract issuers to assure contract liquidity for plan participant-directed withdrawals. Annual investment management fees in 2024 were $240,158 based on separate agreements for various types of instruments.

**(5)Fair Value Measurements**

The Plan classifies its investments recorded at fair value as either Level 1, 2, or 3 in the fair value hierarchy. The highest priority (Level 1) is assigned to valuations based on unadjusted quoted prices in active markets and the lowest priority (Level 3) is assigned to valuations based on significant unobservable inputs.

In the determination of the classification of financial instruments in Level 2 or Level 3 of the fair value hierarchy, the Plan considers all available information, including observable market data, indications of market liquidity and orderliness, and its understanding of the valuation techniques and significant inputs used. Judgments are made regarding the significance of the Level 3 inputs to the instruments' fair value

&nbsp;&nbsp;&nbsp;&nbsp;9&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

measurement to its entirety. If unobservable inputs are considered significant, the instrument is classified as Level 3.

The following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2024 and 2023.

Investments in *mutual funds* are valued at fair value based upon quoted prices in an active market. *Mutual funds* include *money market funds*, which are priced at $1.00 per share.

Investments in *collective investment funds* are redeemable daily at net asset value ("NAV"), which is the readily determinable fair value. The price per share is quoted on a private market; however, the price per share is based on the value of the underlying investments, which are traded on an active market.

Investments in *multi-manager funds* are comprised of publicly traded mutual funds, which are valued at fair value based upon quoted prices in an active market, and collective investment funds that are valued at NAV. The NAV is based upon the value of the underlying investments which are traded on an active market.

Investments in the *Stable Value Fund's* collective investment funds that are not an underlying investment of a fully benefit responsive contract are valued at NAV as described above.

Investments in the *Company's common stock* are valued at quoted market price.

The Wells Fargo ESOP Fund is structured as a unitized account that holds Wells Fargo common stock that are valued at quoted market prices and a percentage of money market funds that are valued at fair value as described above. The money market funds are used to provide daily liquidity for the fund.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following tables sets forth by level, within the fair value hierarchy, the Plan's assets at fair value as of December 31, 2024 and 2023, respectively:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** | **December 31, 2024** |
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Collective investment funds** | $**—** | **30014008564** | **—** | **30014008564** |
| **Mutual funds** | **1578497672** | **—** | **—** | **1578497672** |
| **Multi-manager funds:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collective investment funds** | **—** | **9175446613** | **—** | **9175446613** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Mutual funds** | **2341987965** | **—** | **—** | **2341987965** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total multi-manager funds** | **2341987965** | **9175446613** | **—** | **11517434578** |
| **Stable Value Fund** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collective investment funds** | **—** | **121310346** | **—** | **121310346** |
| **Company common stock** | **10218099891** | **—** | **—** | **10218099891** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total investments <br>&nbsp;&nbsp;&nbsp;&nbsp;at fair value** | $**14138585528** | **39310765523** | **—** | **53449351051** |

---

&nbsp;&nbsp;&nbsp;&nbsp;10&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

---

| | | | | |
|:---|:---|:---|:---|:---|
| | December 31, 2023 | December 31, 2023 | December 31, 2023 | December 31, 2023 |
| | Level 1 | Level 2 | Level 3 | Total |
| Collective investment funds | $— | 25604849468 |  | 25604849468 |
| Mutual funds | 1232795246 |  |  | 1232795246 |
| Multi-manager funds: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Collective investment funds |  | 8369971717 |  | 8369971717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual funds | 2330297876 |  |  | 2330297876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total multi-manager funds | 2330297876 | 8369971717 |  | 10700269593 |
| Stable Value Fund |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Collective investment funds |  | 79159146 |  | 79159146 |
| Company common stock | 9314738444 |  |  | 9314738444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments <br>&nbsp;&nbsp;&nbsp;&nbsp;at fair value | $12877831566 | 34053980331 |  | 46931811897 |

---

**(6)Related Party Transactions and Party-in-Interest**

The Plan allows participants to invest in Company common stock within the Wells Fargo ESOP Fund.

The Plan engaged in transactions involving acquisition or disposition of units of participation in certain investments managed by a subsidiary of Allspring Global Investments, LLC ("Allspring") through December 4, 2023. The Company has a noncontrolling interest in Allspring, which may be considered a party-in-interest with respect to the Plan. Such transactions, even if considered parties-in-interest transactions under ERISA regulations, are covered by an exemption from the "prohibited transaction" provisions of ERISA and the IRC. Additionally, the Stable Value Fund manager is a subsidiary of Allspring and the Company pays the investment management fees of such affiliate that are associated with the Stable Value Fund.

**(7)Other Income**

The Plan periodically receives monies from litigation settlements or other residual proceeds ("Proceeds") related to the Plan, or prior plans that merged into the Plan, in which the Plan Administrator or their delegate is typically responsible for determining how these Proceeds will be allocated to the Plan.

These Proceeds are deposited into a Plan level interest-bearing account and are included as investments at fair value on the statements of net assets available for benefits and in other income on the statement of changes of net assets available for benefits until the Plan Administrator directs the recordkeeper and Trustee to allocate the Proceeds and accrued interest, in accordance with the plan of allocation.

**(8)Tax Status**

The Internal Revenue Service (IRS) has determined and informed the Company by a letter dated August 2, 2017, that the Plan and related Trust are designed in accordance with applicable sections of the IRC. Although the Plan has been amended and restated since receiving the determination letter, the Plan Administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC, and therefore believe that the Plan is qualified, and the related Trust is tax-exempt.

Accounting principles generally accepted in the United States of America require the Plan Administrator to evaluate tax positions taken by the Plan and recognize a tax liability, if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of

&nbsp;&nbsp;&nbsp;&nbsp;11&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

December 31, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

**(9)Regulatory Matters**

By a letter dated August 25, 2020, the Plan Sponsor received written notice from the IRS that the Plan was selected for examination of the Plan year ended December 31, 2018. The IRS requested certain Plan information and documents that the Plan Sponsor has provided. By letter dated March 13, 2024, the Plan Sponsor received written notification that the IRS completed the examination with no change.

**(10)Plan Termination**

Although it has not expressed any intent to do so, the Company by action of its Board of Directors reserves the right to terminate the Plan at any time. In the event of Plan termination, participants shall become 100% vested in their accounts.

**(11)Legal Actions**

The following class actions lawsuits have been brought on behalf of Plan participants and beneficiaries:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)On September 26, 2022, Plan participants filed a putative class action against the Company and others (*Randall v. GreatBanc Trust Company, et. al.*, Case No. 22-cv-02354 (D. Minn.)). The lawsuit alleges that the defendants are fiduciaries and that they breached their fiduciary duties under the ERISA and violated other provisions of ERISA in connection with certain employee stock ownership plan loan transactions.

On December 16, 2022, defendants filed a motion to dismiss the complaint. On January 6, 2023, plaintiffs filed an amended complaint and sought certain jurisdictional discovery. On March 28, 2023, the court granted plaintiffs' motion seeking certain jurisdictional discovery.

On July 25, 2023, defendants filed a motion to dismiss plaintiffs' first amended complaint. On February 13, 2024, the Court denied defendants' motion to dismiss. Defendants filed answers on March 11, 2024. Fact discovery has been completed, and the parties filed cross-motions for summary judgment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)On June 11, 2024, a former Wells Fargo employee filed a putative class action in the United States District Court for the Northern District of California against Wells Fargo, the Human Resources Committee of the Board of Directors, the Employee Benefits Review Committee, and other unnamed defendants (*Matula v. Wells Fargo & Co., et al.,* Case 3:24-cv-03504-LB (N.D. Ca.)). The complaint alleges that defendants breached their fiduciary duties by using forfeited 401(k) Plan assets to reduce the Company's employer contributions instead of distributing the assets to participants or using the assets to reduce Plan administrative expenses.

On September 18, 2024, the court granted the parties' stipulation to transfer the action to the District of Minnesota. Defendants' motion to dismiss was filed on October 18, 2024. The court held a hearing on defendants' motion to dismiss on May 6, 2025.

**(12)Subsequent Events**

The Plan has evaluated subsequent events from December 31, 2024 through June 18, 2025, the date on which the financial statements were issued. Except as noted below, there have been no material events that would require additional recognition in the financial statements or disclosures to the financial statements.

Effective January 1, 2025, the Plan was amended and restated. In connection with this restatement, the Plan was amended to (i) adopt disaster relief distributions in accordance with SECURE Act 2.0, and (ii)

&nbsp;&nbsp;&nbsp;&nbsp;12&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

**WELLS FARGO & COMPANY 401(k) PLAN**

Notes to Financial Statements

December 31, 2024

update the automatic rollover provisions of the Plan to an IRA to include account balances of $1,000 or less, which were previously distributed as a cash lump sum.

Effective February 1, 2025, the Plan was revised to update the distribution options related to the portions of participant account balances under the Plan that are subject to the qualified joint and survivor requirements. This involved adding certain new sub-accounts and updated distribution options for these amounts.

**(13)Reconciliation of Financial Statements to the Form 5500**

The following is a reconciliation of net assets available for benefits per the financial statements at December 31, 2024 and 2023 to net assets per the Form 5500:

---

| | | |
|:---|:---|:---|
| | **2024** | 2023 |
| Net assets available for benefits per the financial statements | $**58177827369** | 52144604411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustment from contract value to fair value for fully <br>&nbsp;&nbsp;&nbsp;&nbsp;benefit responsive investment contracts | **(209120157)** | (236105644) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deemed loan distributions | **(81709756)** | (77148416) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net assets per the Form 5500 | $**57886997456** | 51831350351 |

---

The following is a reconciliation of increases in net assets available for benefits per the financial statements for the year ended December 31, 2024, to the net income per the Form 5500:

---

| | |
|:---|:---|
| Increase in net assets available for benefits per the financial statements | $6033222958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in the adjustment from contract value to fair value for fully benefit <br>&nbsp;&nbsp;&nbsp;&nbsp;responsive investment contracts at December 31, 2024 | 26985487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in deemed loan distributions | (4561340) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income per the Form 5500 | $6055647105 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  |  | **Description of investment, including** |  |  |
|  |  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| \* | Participant loans | Participant loans, |  |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest rates ranging from 3.25% to |  |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.50%, maturing at various dates |  |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;through December 31, 2044 | (1) | $710956688 |
|  | State Street Target Ret Income NL CL A | Collective Investment Fund | (1) | 238493687 |
|  | State Street Target Ret 2020 NL CL A | Collective Investment Fund | (1) | 296320599 |
|  | State Street Target Ret 2025 NL CL A | Collective Investment Fund | (1) | 1082843208 |
|  | State Street Target Ret 2030 NL CL A | Collective Investment Fund | (1) | 1303419532 |
|  | State Street Target Ret 2035 NL CL A | Collective Investment Fund | (1) | 1238127576 |
|  | State Street Target Ret 2040 NL CL A | Collective Investment Fund | (1) | 1440714341 |
|  | State Street Target Ret 2045 NL CL A | Collective Investment Fund | (1) | 1140131112 |
|  | State Street Target Ret 2050 NL CL A | Collective Investment Fund | (1) | 1461666811 |
|  | State Street Target Ret 2055 NL CL A | Collective Investment Fund | (1) | 652436000 |
|  | State Street Target Ret 2060 NL CL A | Collective Investment Fund | (1) | 293788862 |
|  | State Street Target Ret 2065 NL CL A | Collective Investment Fund | (1) | 101730780 |
|  | State Street Emerging Markets Index A | Collective Investment Fund | (1) | 247417833 |
|  | State Street International Index M | Collective Investment Fund | (1) | 1007129610 |
|  | State Street Russell Sm Cap Index NL CL K | Collective Investment Fund | (1) | 999977077 |
|  | State Street S&P Mid Cap Index NL CL M | Collective Investment Fund | (1) | 2607397635 |
|  | State Street NASDAQ 100 Index NL CL M | Collective Investment Fund | (1) | 5276061284 |
|  | State Street S&P 500 Index K NL | Collective Investment Fund | (1) | 7985586120 |
|  | State Street U.S. Bond Index NL M | Collective Investment Fund | (1) | 1958516196 |
|  | BlackRock MSCI ACWI ESG Focus Index F | Collective Investment Fund | (1) | 682250301 |
|  |  |  |  | 30014008564 |
|  | BlackRock Liquidity Treasury Instl | Mutual Fund | (1) | 1448760269 |
|  |  |  |  | 1448760269 |
|  | Large Cap Value Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;MFS Large Cap Value CL 5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 1111025253 |
|  | &nbsp;&nbsp;&nbsp;T Rowe Price Equity Income TR F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 1111024951 |
|  | &nbsp;&nbsp;&nbsp;Dodge & Cox Stock Class X | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | 1144690123 |
|  |  |  |  | 3366740327 |
|  | Large Cap Growth Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;T Rowe Price Blue Chip Growth Trust T7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 828203679 |
|  | &nbsp;&nbsp;&nbsp;SEI Investments Focus Growth CIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 828206091 |
|  | &nbsp;&nbsp;&nbsp;Brown Advisory Sustainable Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 828208889 |
|  | &nbsp;&nbsp;&nbsp;LACM US Large Cap Growth Equit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 828203079 |
|  | &nbsp;&nbsp;&nbsp;Prudential Large Cap Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collective Investment Fund | (1) | 828203425 |
|  |  |  |  | 4141025163 |
|  | Small Cap Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;State Street Russell Sm Cap Index NL CL K | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 556447109 |
|  | &nbsp;&nbsp;&nbsp;William Blair Small Cap Growth CIF II CL 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 270039287 |
|  | &nbsp;&nbsp;&nbsp;Westfield Small Cap Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 270041381 |
|  | &nbsp;&nbsp;&nbsp;WTC Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 270540008 |
|  | &nbsp;&nbsp;&nbsp;Peregrine Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 270040028 |
|  |  |  |  | 1637107813 |
|  | International Equity Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;Causeway International Value Equity F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 309028059 |
|  | &nbsp;&nbsp;&nbsp;Sprucegrove International F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 309030829 |
|  | &nbsp;&nbsp;&nbsp;American EuroPacific Growth R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | 618052147 |
|  |  |  |  | 1236111035 |
|  | Emerging Markets Equity Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;Acadian Emerging Markets Equity Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 233820544 |
|  | &nbsp;&nbsp;&nbsp;Lazard Emerging Markets Equity C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 167019797 |
|  | &nbsp;&nbsp;&nbsp;Baillie Gifford Emerging Markets EQS K | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | 167019620 |
|  | &nbsp;&nbsp;&nbsp;DFA Emerging Markets Small Cap | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | 100210643 |
|  |  |  |  | 668070604 |
|  | Diversified Real Asset Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;Principal Diversified Real Asset III | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 117257656 |
|  | &nbsp;&nbsp;&nbsp;State Street Real Assets NL A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Collective Fund | (1) | 39106548 |
|  |  |  |  | 156364204 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  |  | **Description of investment, including** |  |  |
|  |  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
|  | Global Bond Fund | Multi-Manager Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;BrandywineGLOBAL Global Opportunities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | $124628922 |
|  | &nbsp;&nbsp;&nbsp;PIMCO Global Advantage Strategy BD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | 125084223 |
|  | &nbsp;&nbsp;&nbsp;Federated Hermes Total Return Bond IS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mutual Fund | (1) | 62302287 |
|  |  |  |  | 312015432 |
| \* | Wells Fargo - ESOP Fund |  |  |  |
|  | &nbsp;&nbsp;&nbsp;BlackRock Liquidity Treasury Inst | Mutual Fund | (1) | 129737403 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo & Company common stock | Common stock fund | (1) | 10218099891 |
|  |  |  |  | 10347837294 |
| \* | Wells Fargo Stable Value Fund |  |  |  |
|  | &nbsp;&nbsp;&nbsp;Security-backed contracts: |  |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American General Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Ins. Co. | 3.25% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Tower Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationwide Life Ins. Co. | 3.30% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pacific Life Ins. Co. | 3.33% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prudential Ins. Co. of America | 3.36% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada | 3.13% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State Street Bank and Trust Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transamerica Life Ins. Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Ret. Ins. and Annuity Co. | 3.20% | (1) |  |
| \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galliard SA Intermediate Core Fund C | 9,511,670 units | (1) | 286388777 |
|  |  |  |  | 286388777 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American General Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Ins. Co. | 3.25% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Tower Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationwide Life Ins. Co. | 3.30% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pacific Life Ins. Co. | 3.33% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prudential Ins. Co. of America | 3.36% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada | 3.13% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State Street Bank and Trust Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transamerica Life Ins. Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya Ret. Ins. and Annuity Co. | 3.20% | (1) |  |
| \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galliard SA Intermediate Core Fund E | 9,863,516 units | (1) | 276744612 |
|  |  |  |  | 276744612 |
|  | &nbsp;&nbsp;&nbsp;American General Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Ins. Co. | 3.25% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Metropolitan Tower Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Nationwide Life Ins. Co. | 3.30% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Pacific Life Ins. Co. | 3.33% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Prudential Ins. Co. of America | 3.36% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Royal Bank of Canada | 3.13% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;State Street Bank and Trust Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Transamerica Life Ins. Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Voya Ret. Ins. and Annuity Co. | 3.20% | (1) |  |
| \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galliard SA Intermediate Core Fund J | 17,066,471 units | (1) | 283975841 |
|  |  |  |  | 283975841 |
|  | &nbsp;&nbsp;&nbsp;American General Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Ins. Co. | 3.25% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Metropolitan Tower Life Ins. Co. | 3.18% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Nationwide Life Ins. Co. | 3.30% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Pacific Life Ins. Co. | 3.33% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Prudential Ins. Co. of America | 3.36% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Royal Bank of Canada | 3.13% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;State Street Bank and Trust Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Transamerica Life Ins. Co. | 3.29% | (1) |  |
|  | &nbsp;&nbsp;&nbsp;Voya Ret. Ins. and Annuity Co. | 3.20% | (1) |  |
| \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galliard SA Intermediate Core Fund Q | 23,471,889 units | (1) | 284256310 |
|  |  |  |  | 284256310 |
|  | American General Life Ins. Co. | 3.18% | (1) |  |
|  | Massachusetts Mutual Life Ins. Co. | 3.25% | (1) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| Metropolitan Tower Life Ins. Co. | 3.18% | (1) | $— |
| Nationwide Life Ins. Co. | 3.30% | (1) |  |
| Pacific Life Ins. Co. | 3.33% | (1) |  |
| Prudential Ins. Co. of America | 3.36% | (1) |  |
| Royal Bank of Canada | 3.13% | (1) |  |
| State Street Bank and Trust Co. | 3.29% | (1) |  |
| Transamerica Life Ins. Co. | 3.29% | (1) |  |
| Voya Ret. Ins. and Annuity Co. | 3.20% | (1) |  |
| &nbsp;&nbsp;&nbsp;Abay Leasing 2014 LLC | 2.654%, $317,549 par, due 11/9/2026 | (1) | 309627 |
| &nbsp;&nbsp;&nbsp;Access Group Inc 2013-1 | 5.183%, $235,330 par, due 2/25/2036 | (1) | 234489 |
| &nbsp;&nbsp;&nbsp;Agree LP | 2.000%, $1,210,000 par, due 6/15/2028 | (1) | 1095919 |
| &nbsp;&nbsp;&nbsp;Albemarle Corp | 4.650%, $1,685,000 par, due 6/1/2027 | (1) | 1670748 |
| &nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities Inc | 4.300%, $250,000 par, due 1/15/2026 | (1) | 248740 |
| &nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities Inc | 3.450%, $2,000,000 par, due 4/30/2025 | (1) | 1990160 |
| &nbsp;&nbsp;&nbsp;Alliant Energy Finance LLC | 5.400%, $1,600,000 par, due 6/6/2027 | (1) | 1610470 |
| &nbsp;&nbsp;&nbsp;Ally Auto Receivables Trust 2024-1 | 5.080%, $3,470,000 par, due 12/15/2028 | (1) | 3494484 |
| &nbsp;&nbsp;&nbsp;Ally Auto Receivables Trust 2024-2 | 4.140%, $2,120,000 par, due 7/16/2029 | (1) | 2105052 |
| &nbsp;&nbsp;&nbsp;Ameren Corp | 5.700%, $950,000 par, due 12/1/2026 | (1) | 965405 |
| &nbsp;&nbsp;&nbsp;American Express Co | 4.990%, $2,175,000 par, due 5/1/2026 | (1) | 2175579 |
| &nbsp;&nbsp;&nbsp;American Express Co | 5.389%, $2,930,000 par, due 7/28/2027 | (1) | 2962283 |
| &nbsp;&nbsp;&nbsp;American Express Co | 6.338%, $570,000 par, due 10/30/2026 | (1) | 577055 |
| &nbsp;&nbsp;&nbsp;American Express Co | 5.098%, $430,000 par, due 2/16/2028 | (1) | 432505 |
| &nbsp;&nbsp;&nbsp;American Express Co | 5.043%, $1,230,000 par, due 7/26/2028 | (1) | 1236309 |
| &nbsp;&nbsp;&nbsp;American Express Credit Account Master Trust | 5.230%, $7,560,000 par, due 4/15/2029 | (1) | 7674867 |
| &nbsp;&nbsp;&nbsp;American Honda Finance Corp | 4.900%, $1,230,000 par, due 7/9/2027 | (1) | 1234244 |
| &nbsp;&nbsp;&nbsp;American Honda Finance Corp | 4.450%, $520,000 par, due 10/22/2027 | (1) | 516216 |
| &nbsp;&nbsp;&nbsp;AMEX Credit Account Master Trust 2023-1 | 4.870%, $2,730,000 par, due 5/15/2028 | (1) | 2744393 |
| &nbsp;&nbsp;&nbsp;AMEX Credit Account Master Trust 2024-3 | 4.650%, $4,810,000 par, due 7/15/2029 | (1) | 4819471 |
| &nbsp;&nbsp;&nbsp;AMEX Credit Acct Mstr Tr | 5.230%, $2,850,000 par, due 9/15/2028 | (1) | 2886269 |
| &nbsp;&nbsp;&nbsp;Amphenol Corp | 2.050%, $1,295,000 par, due 3/1/2025 | (1) | 1288757 |
| &nbsp;&nbsp;&nbsp;Anglo American Capital PLC | 4.750%, $920,000 par, due 4/10/2027 | (1) | 912327 |
| &nbsp;&nbsp;&nbsp;AT&T Inc | 2.300%, $675,000 par, due 6/1/2027 | (1) | 636987 |
| &nbsp;&nbsp;&nbsp;AT&T Inc | 1.650%, $5,225,000 par, due 2/1/2028 | (1) | 4750972 |
| &nbsp;&nbsp;&nbsp;BA Credit Card Trust | 4.790%, $1,800,000 par, due 5/15/2028 | (1) | 1807873 |
| &nbsp;&nbsp;&nbsp;BA Credit Card Trust | 4.930%, $4,745,000 par, due 5/15/2029 | (1) | 4790395 |
| &nbsp;&nbsp;&nbsp;BAE Systems Holdings Inc | 3.850%, $1,000,000 par, due 12/15/2025 | (1) | 990754 |
| &nbsp;&nbsp;&nbsp;BAE Systems PLC | 5.000%, $2,380,000 par, due 3/26/2027 | (1) | 2390377 |
| &nbsp;&nbsp;&nbsp;Bank of America Auto Trust 2023-1 | 5.530%, $3,850,000 par, due 2/15/2028 | (1) | 3888265 |
| &nbsp;&nbsp;&nbsp;Bank of America Auto Trust 2023-2 | 5.740%, $6,760,000 par, due 6/15/2028 | (1) | 6860075 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 4.948%, $2,250,000 par, due 7/22/2028 | (1) | 2254340 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 5.933%, $1,720,000 par, due 9/15/2027 | (1) | 1750986 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 4.376%, $825,000 par, due 4/27/2028 | (1) | 816160 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 3.384%, $1,175,000 par, due 4/2/2026 | (1) | 1170600 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 3.593%, $500,000 par, due 7/21/2028 | (1) | 483964 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 2.087%, $1,600,000 par, due 6/14/2029 | (1) | 1451811 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 3.419%, $2,500,000 par, due 12/20/2028 | (1) | 2396003 |
| &nbsp;&nbsp;&nbsp;Bank of Montreal | 4.567%, $960,000 par, due 9/10/2027 | (1) | 956989 |
| &nbsp;&nbsp;&nbsp;Bank of Montreal | 5.203%, $475,000 par, due 2/1/2028 | (1) | 478654 |
| &nbsp;&nbsp;&nbsp;Bank of Montreal | 1.250%, $1,070,000 par, due 9/15/2026 | (1) | 1011817 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp | 3.992%, $810,000 par, due 6/13/2028 | (1) | 795186 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp | 4.414%, $1,442,000 par, due 7/24/2026 | (1) | 1438117 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp | 4.890%, $1,690,000 par, due 7/21/2028 | (1) | 1696642 |
| &nbsp;&nbsp;&nbsp;Bank of Nova Scotia/The | 4.404%, $1,190,000 par, due 9/8/2028 | (1) | 1177832 |
| &nbsp;&nbsp;&nbsp;Bayer US Finance II LLC | 4.250%, $860,000 par, due 12/15/2025 | (1) | 854214 |
| &nbsp;&nbsp;&nbsp;Baylor Scott & White Holdings | 0.827%, $1,200,000 par, due 11/15/2025 | (1) | 1159249 |
| &nbsp;&nbsp;&nbsp;Becton Dickinson & Co | 3.700%, $490,000 par, due 6/6/2027 | (1) | 478374 |
| &nbsp;&nbsp;&nbsp;BHP Billiton Finance USA Ltd | 5.100%, $430,000 par, due 9/8/2028 | (1) | 433578 |
| &nbsp;&nbsp;&nbsp;Black Hills Corp | 3.950%, $2,655,000 par, due 1/15/2026 | (1) | 2627404 |
| &nbsp;&nbsp;&nbsp;BMP 2024-MF23 | 5.769%, $1,855,000 par, due 6/15/2041 | (1) | 1861895 |
| &nbsp;&nbsp;&nbsp;BMW US Capital LLC | 3.950%, $800,000 par, due 8/14/2028 | (1) | 771917 |
| &nbsp;&nbsp;&nbsp;BMW US Capital LLC | 4.600%, $1,920,000 par, due 8/13/2027 | (1) | 1910139 |
| &nbsp;&nbsp;&nbsp;BMW Vehicle Lease Trust | 4.180%, $3,835,000 par, due 10/25/2027 | (1) | 3804408 |
| &nbsp;&nbsp;&nbsp;BMW Vehicle Lease Trust 2024-1 | 4.980%, $2,815,000 par, due 3/25/2027 | (1) | 2829950 |
| &nbsp;&nbsp;&nbsp;BMW Vehicle Owner Trust 2024-A | 5.180%, $2,990,000 par, due 2/26/2029 | (1) | 3025100 |
| &nbsp;&nbsp;&nbsp;BNP Paribas SA | 5.176%, $710,000 par, due 1/9/2030 | (1) | 707608 |
| &nbsp;&nbsp;&nbsp;BNP Paribas SA | 1.904%, $1,600,000 par, due 9/30/2028 | (1) | 1466742 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;BOCA Commercial Mortgage Trust 2024-BOCA | 6.318%, $2,300,000 par, due 8/15/2041 | (1) | $2310056 |
| &nbsp;&nbsp;&nbsp;Boeing Co/The | 2.196%, $495,000 par, due 2/4/2026 | (1) | 480024 |
| &nbsp;&nbsp;&nbsp;BofA Auto Trust 2024-1 | 5.350%, $2,710,000 par, due 11/15/2028 | (1) | 2743357 |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America Inc | 3.017%, $720,000 par, due 1/16/2027 | (1) | 697787 |
| &nbsp;&nbsp;&nbsp;BPCE SA | 4.750%, $905,000 par, due 7/19/2027 | (1) | 900708 |
| &nbsp;&nbsp;&nbsp;BPR Trust 2022-OANA | 6.295%, $4,470,000 par, due 4/15/2037 | (1) | 4486763 |
| &nbsp;&nbsp;&nbsp;Broadcom Inc | 4.150%, $1,200,000 par, due 2/15/2028 | (1) | 1180027 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2021-ACNT | 5.362%, $1,731,694 par, due 11/15/2038 | (1) | 1730071 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2021-VOLT | 5.212%, $1,890,000 par, due 9/15/2036 | (1) | 1886456 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2022-PSB | 6.848%, $2,958,395 par, due 8/15/2039 | (1) | 2972234 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2024-GPA3 | 5.800%, $2,435,000 par, due 12/15/2039 | (1) | 2435748 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust BX 2022-CSMO A | 6.512%, $1,515,000 par, due 6/15/2027 | (1) | 1519734 |
| &nbsp;&nbsp;&nbsp;BX Trust 2021-ARIA | 5.411%, $1,450,000 par, due 10/15/2036 | (1) | 1445923 |
| &nbsp;&nbsp;&nbsp;BX Trust 2021-RISE | 5.259%, $3,169,984 par, due 11/15/2036 | (1) | 3156115 |
| &nbsp;&nbsp;&nbsp;BX Trust 2022-IND | 5.888%, $413,744 par, due 4/15/2037 | (1) | 414261 |
| &nbsp;&nbsp;&nbsp;BX Trust 2024-BIO | 6.039%, $4,545,000 par, due 2/15/2041 | (1) | 4549263 |
| &nbsp;&nbsp;&nbsp;Canadian Natural Resources Ltd | 3.850%, $1,965,000 par, due 6/1/2027 | (1) | 1923181 |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway Co | 4.000%, $1,270,000 par, due 6/1/2028 | (1) | 1236480 |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway Co | 3.700%, $1,600,000 par, due 2/1/2026 | (1) | 1578336 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 4.927%, $605,000 par, due 5/10/2028 | (1) | 603008 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 2.636%, $1,405,000 par, due 3/3/2026 | (1) | 1399071 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 1.878%, $550,000 par, due 11/2/2027 | (1) | 519626 |
| &nbsp;&nbsp;&nbsp;Carmax Auto Owner Trust 2023-3 | 5.280%, $2,825,000 par, due 5/15/2028 | (1) | 2848888 |
| &nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust 2023-4 | 6.000%, $4,170,000 par, due 7/17/2028 | (1) | 4244801 |
| &nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust 2024-1 | 4.920%, $6,015,000 par, due 10/16/2028 | (1) | 6047764 |
| &nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust 2024-2 | 5.500%, $1,375,000 par, due 1/16/2029 | (1) | 1396913 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | 5.200%, $1,080,000 par, due 10/1/2028 | (1) | 1093159 |
| &nbsp;&nbsp;&nbsp;CES MU2 LLC | 2.166%, $1,258,095 par, due 12/16/2026 | (1) | 1217641 |
| &nbsp;&nbsp;&nbsp;Charles Schwab Corp/The | 5.875%, $1,640,000 par, due 8/24/2026 | (1) | 1668264 |
| &nbsp;&nbsp;&nbsp;Chase Auto Owner Trust 2024-1 | 5.130%, $4,510,000 par, due 5/25/2029 | (1) | 4544199 |
| &nbsp;&nbsp;&nbsp;Chase Auto Owner Trust 2024-2A | 5.520%, $2,070,000 par, due 6/25/2029 | (1) | 2101735 |
| &nbsp;&nbsp;&nbsp;Chesapeake Funding II LLC | 5.650%, $1,560,416 par, due 5/15/2035 | (1) | 1570457 |
| &nbsp;&nbsp;&nbsp;Chesapeake Funding II LLC | 6.160%, $3,740,185 par, due 10/15/2035 | (1) | 3794672 |
| &nbsp;&nbsp;&nbsp;Children's Hospital Medical Center/Cincinnati OH | 2.853%, $325,000 par, due 11/15/2026 | (1) | 312930 |
| &nbsp;&nbsp;&nbsp;CHRISTUS Health | 4.341%, $1,235,000 par, due 7/1/2028 | (1) | 1208983 |
| &nbsp;&nbsp;&nbsp;Cintas Corp No 2 | 3.700%, $590,000 par, due 4/1/2027 | (1) | 578257 |
| &nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2015-GC31 | 3.762%, $400,000 par, due 6/10/2048 | (1) | 396804 |
| &nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2016-C1 | 3.209%, $4,237,000 par, due 5/10/2049 | (1) | 4137930 |
| &nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2016-P6 | 3.458%, $3,086,094 par, due 12/10/2049 | (1) | 3012121 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 5.610%, $520,000 par, due 9/29/2026 | (1) | 522825 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.070%, $830,000 par, due 2/24/2028 | (1) | 798096 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 4.658%, $605,000 par, due 5/24/2028 | (1) | 601140 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.106%, $820,000 par, due 4/8/2026 | (1) | 816066 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.520%, $2,880,000 par, due 10/27/2028 | (1) | 2771591 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.668%, $2,000,000 par, due 7/24/2028 | (1) | 1937252 |
| &nbsp;&nbsp;&nbsp;Citizens Auto Receivables Trust 2024-1 | 5.110%, $4,280,000 par, due 4/17/2028 | (1) | 4308689 |
| &nbsp;&nbsp;&nbsp;Citizens Auto Receivables Trust 2024-2 | 5.330%, $3,795,000 par, due 8/15/2028 | (1) | 3836191 |
| &nbsp;&nbsp;&nbsp;Citizens Bank NA/Providence RI | 2.250%, $1,045,000 par, due 4/28/2025 | (1) | 1036384 |
| &nbsp;&nbsp;&nbsp;City of Atlanta GA Water & Wastewater Revenue | 1.537%, $225,000 par, due 11/1/2028 | (1) | 201296 |
| &nbsp;&nbsp;&nbsp;City of Chandler AZ Excise Tax Revenue | 1.240%, $225,000 par, due 7/1/2025 | (1) | 221636 |
| &nbsp;&nbsp;&nbsp;City of West Palm Beach FL Utility System Revenue | 3.291%, $2,100,000 par, due 10/1/2028 | (1) | 1994433 |
| &nbsp;&nbsp;&nbsp;CNH Equipment Trust 2022-B | 3.890%, $655,916 par, due 8/16/2027 | (1) | 652650 |
| &nbsp;&nbsp;&nbsp;CNH Industrial Capital LLC | 3.950%, $1,285,000 par, due 5/23/2025 | (1) | 1280535 |
| &nbsp;&nbsp;&nbsp;CNH Industrial Capital LLC | 5.450%, $675,000 par, due 10/14/2025 | (1) | 678530 |
| &nbsp;&nbsp;&nbsp;CNH Industrial Capital LLC | 1.450%, $1,460,000 par, due 7/15/2026 | (1) | 1388282 |
| &nbsp;&nbsp;&nbsp;College Loan Corp Trust I | 6.195%, $5,945,000 par, due 4/25/2046 | (1) | 5945000 |
| &nbsp;&nbsp;&nbsp;Comcast Corp | 3.550%, $560,000 par, due 5/1/2028 | (1) | 537566 |
| &nbsp;&nbsp;&nbsp;Comcast Corp | 4.150%, $770,000 par, due 10/15/2028 | (1) | 751057 |
| &nbsp;&nbsp;&nbsp;COMM 2015-3BP Mortgage Trust | 3.178%, $3,590,000 par, due 2/10/2035 | (1) | 3512438 |
| &nbsp;&nbsp;&nbsp;COMM 2016-COR1 Mortgage Trust | 2.826%, $4,136,228 par, due 10/10/2049 | (1) | 4001225 |
| &nbsp;&nbsp;&nbsp;COMM 2016-DC2 Mortgage Trust | 3.765%, $1,325,000 par, due 2/10/2049 | (1) | 1307737 |
| &nbsp;&nbsp;&nbsp;Commonwealth of Massachusetts | 4.110%, $1,970,150 par, due 7/15/2031 | (1) | 1924699 |
| &nbsp;&nbsp;&nbsp;Connecticut Light and Power Co/The | 3.200%, $920,000 par, due 3/15/2027 | (1) | 892510 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips Co | 2.400%, $239,000 par, due 3/7/2025 | (1) | 237963 |
| &nbsp;&nbsp;&nbsp;Consumers 2023 Securitization Funding LLC | 5.210%, $3,620,000 par, due 9/1/2030 | (1) | 3656153 |
| &nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA | 1.339%, $725,000 par, due 6/24/2026 | (1) | 712584 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA | 3.649%, $3,050,000 par, due 4/6/2028 | (1) | $2959083 |
| &nbsp;&nbsp;&nbsp;Corebridge Global Funding | 5.900%, $970,000 par, due 9/19/2028 | (1) | 997215 |
| &nbsp;&nbsp;&nbsp;Corebridge Global Funding | 4.650%, $600,000 par, due 8/20/2027 | (1) | 597836 |
| &nbsp;&nbsp;&nbsp;Coterra Energy Inc | 3.900%, $1,700,000 par, due 5/15/2027 | (1) | 1662012 |
| &nbsp;&nbsp;&nbsp;County of Collin TX | 0.967%, $175,000 par, due 2/15/2025 | (1) | 174186 |
| &nbsp;&nbsp;&nbsp;CRH America Finance Inc | 3.400%, $750,000 par, due 5/9/2027 | (1) | 725888 |
| &nbsp;&nbsp;&nbsp;CRH America Finance Inc | 3.950%, $650,000 par, due 4/4/2028 | (1) | 630467 |
| &nbsp;&nbsp;&nbsp;CRH America Inc | 3.875%, $2,365,000 par, due 5/18/2025 | (1) | 2352402 |
| &nbsp;&nbsp;&nbsp;Csail 2015-C2 Commercial Mortgage Trust | 3.504%, $425,000 par, due 6/15/2057 | (1) | 423148 |
| &nbsp;&nbsp;&nbsp;CSAIL 2015-C4 Commercial Mortgage Trust | 3.544%, $2,693,477 par, due 11/15/2048 | (1) | 2674157 |
| &nbsp;&nbsp;&nbsp;CubeSmart LP | 3.125%, $500,000 par, due 9/1/2026 | (1) | 486065 |
| &nbsp;&nbsp;&nbsp;CubeSmart LP | 4.000%, $795,000 par, due 11/15/2025 | (1) | 789359 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 2.875%, $1,600,000 par, due 6/1/2026 | (1) | 1553600 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 5.000%, $748,000 par, due 2/20/2026 | (1) | 747311 |
| &nbsp;&nbsp;&nbsp;Daimler Truck Finance North America LLC | 5.000%, $1,210,000 par, due 1/15/2027 | (1) | 1212592 |
| &nbsp;&nbsp;&nbsp;DBJPM 2016-C3 Mortgage Trust | 2.632%, $2,972,288 par, due 8/10/2049 | (1) | 2884439 |
| &nbsp;&nbsp;&nbsp;Dell Equipment Finance Trust 2024-1 | 5.390%, $920,000 par, due 3/22/2030 | (1) | 930225 |
| &nbsp;&nbsp;&nbsp;DLLAA 2023-1 LLC | 5.640%, $4,045,000 par, due 2/22/2028 | (1) | 4105505 |
| &nbsp;&nbsp;&nbsp;DLLAD 2021-1 LLC | 0.900%, $5,800,000 par, due 6/20/2029 | (1) | 5569317 |
| &nbsp;&nbsp;&nbsp;DLLAD 2021-1 LLC | 0.640%, $1,139,428 par, due 9/21/2026 | (1) | 1124404 |
| &nbsp;&nbsp;&nbsp;DLLST 2024-1 LLC | 5.050%, $2,185,000 par, due 8/20/2027 | (1) | 2195158 |
| &nbsp;&nbsp;&nbsp;DOC DR LLC | 4.300%, $500,000 par, due 3/15/2027 | (1) | 494578 |
| &nbsp;&nbsp;&nbsp;DTE Electric Co | 1.900%, $970,000 par, due 4/1/2028 | (1) | 888262 |
| &nbsp;&nbsp;&nbsp;Duke Energy Progress LLC | 3.700%, $1,460,000 par, due 9/1/2028 | (1) | 1406234 |
| &nbsp;&nbsp;&nbsp;East Ohio Gas Co/The | 1.300%, $1,825,000 par, due 6/15/2025 | (1) | 1793661 |
| &nbsp;&nbsp;&nbsp;Eastman Chemical Co | 4.500%, $1,200,000 par, due 12/1/2028 | (1) | 1177416 |
| &nbsp;&nbsp;&nbsp;ECMC Group Student Loan Trust 2021-1 | 5.253%, $298,243 par, due 11/25/2070 | (1) | 295127 |
| &nbsp;&nbsp;&nbsp;ELM Trust 2024-ELM | 5.801%, $1,940,000 par, due 6/10/2039 | (1) | 1958543 |
| &nbsp;&nbsp;&nbsp;ELM Trust 2024-ELM | 5.801%, $2,085,000 par, due 6/10/2039 | (1) | 2104928 |
| &nbsp;&nbsp;&nbsp;EMD Finance LLC | 3.250%, $955,000 par, due 3/19/2025 | (1) | 951928 |
| &nbsp;&nbsp;&nbsp;Emory University | 1.566%, $940,000 par, due 9/1/2025 | (1) | 920550 |
| &nbsp;&nbsp;&nbsp;Empire State Development Corp | 3.170%, $275,000 par, due 3/15/2026 | (1) | 271095 |
| &nbsp;&nbsp;&nbsp;Empire State Development Corp | 3.350%, $275,000 par, due 3/15/2026 | (1) | 271604 |
| &nbsp;&nbsp;&nbsp;Enbridge Inc | 5.900%, $1,230,000 par, due 11/15/2026 | (1) | 1253910 |
| &nbsp;&nbsp;&nbsp;Enbridge Inc | 5.250%, $745,000 par, due 4/5/2027 | (1) | 753661 |
| &nbsp;&nbsp;&nbsp;Enbridge Inc | 2.500%, $850,000 par, due 2/14/2025 | (1) | 847487 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP | 4.400%, $500,000 par, due 3/15/2027 | (1) | 495159 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP | 6.050%, $1,930,000 par, due 12/1/2026 | (1) | 1971323 |
| &nbsp;&nbsp;&nbsp;Entergy Texas Inc | 1.500%, $200,000 par, due 9/1/2026 | (1) | 189337 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing 2023-2 LLC | 5.560%, $1,369,827 par, due 4/22/2030 | (1) | 1381637 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing 2023-3 LLC | 6.400%, $4,314,796 par, due 3/20/2030 | (1) | 4396134 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing 2024-1 LLC | 5.230%, $3,705,859 par, due 3/20/2030 | (1) | 3732352 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing 2024-2 LLC | 5.610%, $2,020,000 par, due 4/20/2028 | (1) | 2054778 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing 2024-3 LLC | 4.980%, $2,885,000 par, due 8/21/2028 | (1) | 2901739 |
| &nbsp;&nbsp;&nbsp;Equifax Inc | 5.100%, $715,000 par, due 6/1/2028 | (1) | 717656 |
| &nbsp;&nbsp;&nbsp;Equifax Inc | 5.100%, $750,000 par, due 12/15/2027 | (1) | 754008 |
| &nbsp;&nbsp;&nbsp;ERP Operating LP | 3.250%, $420,000 par, due 8/1/2027 | (1) | 404352 |
| &nbsp;&nbsp;&nbsp;Ethiopian Leasing 2012 LLC | 2.646%, $305,398 par, due 5/12/2026 | (1) | 301365 |
| &nbsp;&nbsp;&nbsp;Ethiopian Leasing 2012 LLC | 2.566%, $1,328,604 par, due 8/14/2026 | (1) | 1296711 |
| &nbsp;&nbsp;&nbsp;Evergy Kansas Central Inc | 3.100%, $37,000 par, due 4/1/2027 | (1) | 35771 |
| &nbsp;&nbsp;&nbsp;EXIM Bank of the United States | 2.329%, $173,864 par, due 1/14/2027 | (1) | 165005 |
| &nbsp;&nbsp;&nbsp;EXIM Bank of the United States | 2.372%, $209,312 par, due 3/19/2027 | (1) | 202337 |
| &nbsp;&nbsp;&nbsp;Extended Stay America Trust 2021-ESH | 5.592%, $5,275,937 par, due 7/15/2038 | (1) | 5279234 |
| &nbsp;&nbsp;&nbsp;Extra Space Storage LP | 3.500%, $1,130,000 par, due 7/1/2026 | (1) | 1108780 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Grantor Trust 2004-T2 | 6.000%, $252,204 par, due 11/25/2043 | (1) | 256067 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $912,740 par, due 11/1/2027 | (1) | 889669 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $190,183 par, due 12/1/2026 | (1) | 186603 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $189,301 par, due 8/1/2027 | (1) | 184927 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $126,831 par, due 2/1/2027 | (1) | 124882 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.510%, $202,152 par, due 4/1/2045 | (1) | 207597 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.490%, $156,881 par, due 4/1/2045 | (1) | 161156 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.151%, $15,057 par, due 6/1/2045 | (1) | 15505 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.500%, $69,793 par, due 4/1/2033 | (1) | 70156 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.019%, $264,659 par, due 6/1/2033 | (1) | 267681 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.919%, $34,891 par, due 8/1/2035 | (1) | 35021 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.310%, $87,079 par, due 8/1/2033 | (1) | 88481 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.258%, $49,226 par, due 8/1/2033 | (1) | $50519 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.781%, $185,447 par, due 10/1/2033 | (1) | 187762 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.296%, $84,820 par, due 12/1/2033 | (1) | 85168 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.375%, $83,955 par, due 5/1/2037 | (1) | 85483 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.053%, $1,177,658 par, due 8/1/2049 | (1) | 1175886 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.152%, $7,913,657 par, due 6/1/2053 | (1) | 7903543 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.190%, $2,280 par, due 2/1/2041 | (1) | 2332 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.307%, $642,619 par, due 5/1/2048 | (1) | 654368 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.126%, $6,769 par, due 9/1/2044 | (1) | 6965 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.102%, $37,996 par, due 10/1/2044 | (1) | 38870 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.731%, $37,213 par, due 11/1/2041 | (1) | 37636 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.553%, $380,298 par, due 11/1/2047 | (1) | 391182 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.354%, $107,913 par, due 5/1/2047 | (1) | 111187 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.093%, $3,316,494 par, due 8/1/2052 | (1) | 3226030 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.469%, $3,707,565 par, due 6/1/2052 | (1) | 3435003 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.481%, $5,103,478 par, due 9/1/2052 | (1) | 4894899 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.517%, $2,486,028 par, due 8/1/2052 | (1) | 2446627 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.393%, $110,725 par, due 7/1/2046 | (1) | 113661 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.856%, $195,919 par, due 1/1/2049 | (1) | 196901 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.108%, $51,608 par, due 3/1/2034 | (1) | 52530 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.440%, $25,315 par, due 5/1/2034 | (1) | 25633 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.671%, $393,936 par, due 6/1/2034 | (1) | 399821 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.252%, $28,252 par, due 8/1/2034 | (1) | 28627 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.920%, $361,288 par, due 11/1/2046 | (1) | 371770 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.399%, $39,833 par, due 7/1/2045 | (1) | 40851 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.265%, $123,445 par, due 8/1/2045 | (1) | 127255 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.500%, $140,347 par, due 9/1/2036 | (1) | 141396 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.600%, $239,304 par, due 11/1/2045 | (1) | 245924 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.242%, $24,711 par, due 3/1/2042 | (1) | 25333 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.961%, $192,407 par, due 2/1/2045 | (1) | 198702 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.022%, $706,638 par, due 8/1/2049 | (1) | 706263 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.776%, $1,560,606 par, due 11/1/2049 | (1) | 1542645 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.452%, $328,143 par, due 6/1/2047 | (1) | 337032 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.402%, $282,147 par, due 6/1/2047 | (1) | 289527 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.432%, $145,867 par, due 7/1/2047 | (1) | 149806 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.360%, $225,159 par, due 7/1/2047 | (1) | 230437 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.306%, $43,368 par, due 7/1/2047 | (1) | 44344 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.000%, $137,987 par, due 5/1/2038 | (1) | 140322 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.873%, $105,330 par, due 12/1/2046 | (1) | 108190 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.717%, $1,165,210 par, due 10/1/2052 | (1) | 1152602 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.567%, $3,496,351 par, due 10/1/2052 | (1) | 3443098 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.102%, $926,694 par, due 11/1/2052 | (1) | 925987 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.831%, $3,033,875 par, due 12/1/2052 | (1) | 3010472 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.252%, $580,640 par, due 12/1/2052 | (1) | 581514 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.019%, $358,575 par, due 2/1/2048 | (1) | 367870 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.357%, $56,611 par, due 12/1/2045 | (1) | 58070 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.394%, $182,060 par, due 6/1/2047 | (1) | 186820 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.066%, $440,442 par, due 5/1/2052 | (1) | 416131 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.556%, $4,165,254 par, due 6/1/2052 | (1) | 3866464 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.618%, $2,334,432 par, due 7/1/2052 | (1) | 2239974 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.803%, $716,416 par, due 6/1/2052 | (1) | 690819 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.876%, $973,739 par, due 7/1/2052 | (1) | 941380 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.350%, $32,917 par, due 8/1/2045 | (1) | 33697 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.350%, $143,528 par, due 8/1/2045 | (1) | 148100 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.671%, $136,049 par, due 5/1/2036 | (1) | 134745 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.459%, $139,229 par, due 11/1/2048 | (1) | 140050 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.268%, $419,870 par, due 9/1/2047 | (1) | 436828 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.356%, $298,113 par, due 8/1/2044 | (1) | 307330 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.340%, $50,826 par, due 8/1/2044 | (1) | 51933 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.424%, $93,438 par, due 8/1/2044 | (1) | 96289 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.362%, $105,063 par, due 8/1/2044 | (1) | 108291 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.844%, $533,708 par, due 11/1/2049 | (1) | 514432 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.836%, $331,640 par, due 11/1/2049 | (1) | 319599 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.808%, $303,549 par, due 12/1/2049 | (1) | 292364 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.637%, $714,517 par, due 12/1/2049 | (1) | 686419 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.743%, $742,513 par, due 12/1/2049 | (1) | 713549 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.668%, $2,137,345 par, due 1/1/2050 | (1) | $2051864 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.250%, $81,766 par, due 10/1/2041 | (1) | 82469 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.946%, $72,350 par, due 11/1/2041 | (1) | 75230 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.739%, $1,789,633 par, due 1/1/2050 | (1) | 1719353 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.060%, $130,854 par, due 10/1/2046 | (1) | 134462 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.759%, $146,437 par, due 10/1/2046 | (1) | 150855 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.567%, $71,643 par, due 11/1/2046 | (1) | 73679 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $89,884 par, due 10/1/2035 | (1) | 89151 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $184,219 par, due 6/1/2035 | (1) | 182651 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.000%, $14,188 par, due 2/1/2033 | (1) | 14363 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $1,241,203 par, due 8/1/2056 | (1) | 1210332 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.330%, $5,110,000 par, due 12/1/2028 | (1) | 5207657 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.180%, $2,200,000 par, due 12/1/2028 | (1) | 2227779 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.090%, $4,120,000 par, due 1/1/2029 | (1) | 4175826 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.360%, $840,000 par, due 1/1/2030 | (1) | 824957 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.255%, $290,000 par, due 1/1/2030 | (1) | 283438 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.350%, $1,740,000 par, due 12/1/2029 | (1) | 1708057 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.320%, $1,890,000 par, due 1/1/2030 | (1) | 1852756 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.300%, $350,000 par, due 1/1/2030 | (1) | 342789 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.325%, $2,840,000 par, due 1/1/2030 | (1) | 2784674 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $1,114,866 par, due 7/1/2034 | (1) | 1047064 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $259,280 par, due 7/1/2034 | (1) | 243510 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $142,960 par, due 2/1/2031 | (1) | 137478 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $100,702 par, due 2/1/2031 | (1) | 96559 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $1,099,127 par, due 4/1/2031 | (1) | 1054970 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $237,331 par, due 5/1/2031 | (1) | 227800 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.100%, $6,845,000 par, due 1/1/2026 | (1) | 6740299 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.790%, $1,630,000 par, due 3/1/2028 | (1) | 1632659 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $440,779 par, due 8/1/2027 | (1) | 432437 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.380%, $7,260,000 par, due 10/1/2028 | (1) | 7422196 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.540%, $5,600,000 par, due 12/1/2027 | (1) | 5729455 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $134,707 par, due 9/1/2027 | (1) | 132120 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $91,493 par, due 8/1/2027 | (1) | 89303 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $493,850 par, due 2/1/2034 | (1) | 477788 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $335,472 par, due 2/1/2034 | (1) | 324561 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.920%, $8,510,000 par, due 10/1/2028 | (1) | 8567204 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.020%, $6,018,000 par, due 4/1/2028 | (1) | 5911253 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.500%, $24,858 par, due 2/1/2036 | (1) | 24643 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.800%, $124,821 par, due 10/1/2032 | (1) | 123596 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.524%, $302,370 par, due 11/1/2032 | (1) | 296648 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMIC Trust 2002-W12 | 5.066%, $1,241 par, due 2/25/2033 | (1) | 1227 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMIC Trust 2003-W11 | 7.104%, $11,001 par, due 7/25/2033 | (1) | 10763 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMIC Trust 2004-W11 | 7.000%, $304,031 par, due 5/25/2044 | (1) | 303065 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS | 5.500%, $693,505 par, due 4/25/2035 | (1) | 708721 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS | 5.500%, $691,693 par, due 4/25/2035 | (1) | 706981 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS | 2.500%, $14,202 par, due 3/25/2037 | (1) | 13533 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Trust 2003-W6 | 6.500%, $88,480 par, due 9/25/2042 | (1) | 89452 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Trust 2004-W1 | 7.000%, $188,811 par, due 12/25/2033 | (1) | 195136 |
| &nbsp;&nbsp;&nbsp;Federal Realty OP LP | 5.375%, $400,000 par, due 5/1/2028 | (1) | 403922 |
| &nbsp;&nbsp;&nbsp;Federal Realty OP LP | 1.250%, $1,399,000 par, due 2/15/2026 | (1) | 1342910 |
| &nbsp;&nbsp;&nbsp;Federal Realty OP LP | 3.250%, $670,000 par, due 7/15/2027 | (1) | 644272 |
| &nbsp;&nbsp;&nbsp;FedEx Corp | 3.400%, $740,000 par, due 2/15/2028 | (1) | 708935 |
| &nbsp;&nbsp;&nbsp;Fifth Third Auto Trust 2023-1 | 5.530%, $4,645,000 par, due 8/15/2028 | (1) | 4695946 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 4.055%, $350,000 par, due 4/25/2028 | (1) | 342468 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bank Inc | 3.850%, $1,535,000 par, due 3/15/2026 | (1) | 1515688 |
| &nbsp;&nbsp;&nbsp;FirstEnergy Pennsylvania Electric Co | 5.150%, $380,000 par, due 3/30/2026 | (1) | 380978 |
| &nbsp;&nbsp;&nbsp;Fiserv Inc | 4.200%, $1,500,000 par, due 10/1/2028 | (1) | 1458662 |
| &nbsp;&nbsp;&nbsp;Fiserv Inc | 3.850%, $1,685,000 par, due 6/1/2025 | (1) | 1676841 |
| &nbsp;&nbsp;&nbsp;Fiserv Inc | 3.200%, $1,500,000 par, due 7/1/2026 | (1) | 1467135 |
| &nbsp;&nbsp;&nbsp;Florida Gas Transmission Co LLC | 4.350%, $930,000 par, due 7/15/2025 | (1) | 926161 |
| &nbsp;&nbsp;&nbsp;Florida Power & Light Co | 4.400%, $960,000 par, due 5/15/2028 | (1) | 950628 |
| &nbsp;&nbsp;&nbsp;FMC Corp | 3.200%, $1,140,000 par, due 10/1/2026 | (1) | 1105700 |
| &nbsp;&nbsp;&nbsp;FN 4.28 MultiFam FWD FEB 2025 | 4.280%, $1,350,000 par, due 2/1/2029 | (1) | 1320003 |
| &nbsp;&nbsp;&nbsp;FN 4.34 MultiFam FWD JAN 2025 | 4.340%, $1,450,000 par, due 1/1/2030 | (1) | 1424089 |
| &nbsp;&nbsp;&nbsp;FN 4.63 MultiFam FWD JAN 2025 | 4.630%, $2,740,000 par, due 1/1/2030 | (1) | 2728574 |
| &nbsp;&nbsp;&nbsp;FN 4.86 MultiFam FWD JAN 2025 | 4.860%, $5,110,000 par, due 1/1/2030 | (1) | 5116388 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;FN 4.86 MultiFam FWD JAN 2025 | 4.860%, $2,120,000 par, due 1/1/2030 | (1) | $2122650 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2022-REV1 | 3.880%, $1,915,000 par, due 11/15/2034 | (1) | 1880407 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2023-C | 5.530%, $8,310,000 par, due 9/15/2028 | (1) | 8419592 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2024-A | 5.090%, $8,230,000 par, due 12/15/2028 | (1) | 8303560 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2024-C | 4.070%, $3,845,000 par, due 7/15/2029 | (1) | 3806531 |
| &nbsp;&nbsp;&nbsp;Ford Credit Floorplan Master Owner Trust A | 5.290%, $2,205,000 par, due 4/15/2029 | (1) | 2234973 |
| &nbsp;&nbsp;&nbsp;Ford Motor Credit Co LLC | 5.125%, $1,340,000 par, due 11/5/2026 | (1) | 1338884 |
| &nbsp;&nbsp;&nbsp;Fortune Brands Innovations Inc | 4.000%, $1,000,000 par, due 6/15/2025 | (1) | 996023 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 3.000%, $319,735 par, due 8/1/2027 | (1) | 314236 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 3.000%, $43,245 par, due 10/1/2026 | (1) | 42680 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 5.500%, $44,821 par, due 12/1/2033 | (1) | 45188 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 6.000%, $729,499 par, due 8/1/2038 | (1) | 756824 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 6.000%, $331,684 par, due 8/1/2038 | (1) | 344242 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifam Struct PT Cert | 6.892%, $187,769 par, due 1/25/2046 | (1) | 187015 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | 4.860%, $2,910,000 par, due 10/25/2028 | (1) | 2919391 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | 4.850%, $8,850,000 par, due 9/25/2028 | (1) | 8884515 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | 5.489%, $8,754,340 par, due 11/25/2029 | (1) | 8780043 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured PT Certificates | 7.403%, $152,049 par, due 10/25/2047 | (1) | 152046 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured PT Certificates | 1.235%, $994,848 par, due 5/25/2051 | (1) | 955261 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 3.307%, $326,936 par, due 6/1/2049 | (1) | 327438 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 4.692%, $349,444 par, due 9/1/2052 | (1) | 344425 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 4.281%, $3,114,395 par, due 10/1/2052 | (1) | 3032645 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 3.999%, $4,558,108 par, due 8/1/2052 | (1) | 4406592 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 3.657%, $5,003,176 par, due 8/1/2052 | (1) | 4788234 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 4.045%, $6,270,182 par, due 9/1/2052 | (1) | 6070471 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 4.148%, $2,213,742 par, due 9/1/2052 | (1) | 2147049 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 5.558%, $4,733,169 par, due 4/1/2053 | (1) | 4744689 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 3.445%, $3,582,831 par, due 7/1/2052 | (1) | 3409168 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 4.834%, $3,707,713 par, due 12/1/2052 | (1) | 3668292 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 4.559%, $391,668 par, due 11/1/2052 | (1) | 384340 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 5.017%, $8,090,225 par, due 9/1/2053 | (1) | 8038690 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.836%, $84,590 par, due 10/1/2046 | (1) | 86959 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.889%, $510,970 par, due 10/1/2046 | (1) | 525619 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.075%, $193,232 par, due 10/1/2046 | (1) | 199015 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.125%, $147,507 par, due 5/1/2042 | (1) | 150647 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.390%, $58,675 par, due 8/1/2047 | (1) | 60408 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.101%, $127,243 par, due 10/1/2047 | (1) | 130584 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.350%, $27,483 par, due 1/1/2041 | (1) | 27983 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.984%, $98,663 par, due 5/1/2045 | (1) | 102510 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.413%, $218,383 par, due 6/1/2047 | (1) | 224801 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.581%, $192,415 par, due 9/1/2037 | (1) | 198384 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.265%, $39,271 par, due 6/1/2036 | (1) | 39029 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.967%, $70,244 par, due 8/1/2035 | (1) | 70559 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.209%, $77,038 par, due 5/1/2047 | (1) | 79217 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 3.251%, $770,287 par, due 7/1/2049 | (1) | 768061 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.603%, $1,086,411 par, due 11/1/2045 | (1) | 1113991 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 3.402%, $151,440 par, due 5/1/2048 | (1) | 153593 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.187%, $149,133 par, due 12/1/2044 | (1) | 152034 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.348%, $116,802 par, due 8/1/2044 | (1) | 120150 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.153%, $258,641 par, due 4/1/2038 | (1) | 266661 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.120%, $19,308 par, due 5/1/2038 | (1) | 19413 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.359%, $15,172 par, due 6/1/2045 | (1) | 15597 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.255%, $238,843 par, due 11/1/2047 | (1) | 244590 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.250%, $234 par, due 6/1/2042 | (1) | 239 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.278%, $50,279 par, due 7/1/2042 | (1) | 51281 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.500%, $18,641 par, due 8/1/2042 | (1) | 19043 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.030%, $129,031 par, due 5/1/2044 | (1) | 132296 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.975%, $172,001 par, due 5/1/2044 | (1) | 176282 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.394%, $100,297 par, due 6/1/2044 | (1) | 103080 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.000%, $80,081 par, due 1/1/2043 | (1) | 82125 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.078%, $54,630 par, due 12/1/2042 | (1) | 55859 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.302%, $20,181 par, due 11/1/2046 | (1) | 20819 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.294%, $365,366 par, due 1/1/2047 | (1) | 374996 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.238%, $517,101 par, due 7/1/2045 | (1) | 531169 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.266%, $73,048 par, due 8/1/2045 | (1) | 75117 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.350%, $21,700 par, due 8/1/2045 | (1) | 22329 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.281%, $625,112 par, due 8/1/2045 | (1) | $643052 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.370%, $32,391 par, due 8/1/2045 | (1) | 33675 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.135%, $115,903 par, due 3/1/2046 | (1) | 119007 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.067%, $192,818 par, due 2/1/2046 | (1) | 198532 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.326%, $93,313 par, due 9/1/2045 | (1) | 96110 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.630%, $51,703 par, due 10/1/2045 | (1) | 52936 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.630%, $165,752 par, due 11/1/2045 | (1) | 170009 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.168%, $7,584 par, due 2/1/2042 | (1) | 7656 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.203%, $104,385 par, due 8/1/2043 | (1) | 107137 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.001%, $190,161 par, due 10/1/2043 | (1) | 195594 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 5.885%, $88,695 par, due 1/1/2045 | (1) | 90555 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.492%, $21,289 par, due 7/1/2047 | (1) | 21922 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.407%, $119,030 par, due 9/1/2042 | (1) | 122709 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 2.892%, $86,261 par, due 3/1/2046 | (1) | 85073 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.278%, $49,904 par, due 2/1/2046 | (1) | 51204 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.167%, $127,672 par, due 4/1/2046 | (1) | 131177 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.615%, $58,208 par, due 11/1/2047 | (1) | 59781 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.266%, $75,594 par, due 1/1/2046 | (1) | 77478 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.350%, $112,668 par, due 4/1/2045 | (1) | 115252 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $989,837 par, due 7/1/2034 | (1) | 929630 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $1,102,872 par, due 1/1/2035 | (1) | 1035714 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $1,898,650 par, due 1/1/2035 | (1) | 1783030 |
| &nbsp;&nbsp;&nbsp;Freddie Mac REMICS | 3.000%, $14,517 par, due 12/15/2044 | (1) | 13418 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Struct PT Cert | 5.231%, $1,613,350 par, due 5/25/2043 | (1) | 1520276 |
| &nbsp;&nbsp;&nbsp;Freddie Struct PT Cert | 7.000%, $127,648 par, due 7/25/2043 | (1) | 131893 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies Inc | 5.600%, $1,935,000 par, due 11/15/2025 | (1) | 1947966 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies Inc | 5.650%, $360,000 par, due 11/15/2027 | (1) | 368745 |
| &nbsp;&nbsp;&nbsp;General Mills Inc | 4.700%, $800,000 par, due 1/30/2027 | (1) | 799714 |
| &nbsp;&nbsp;&nbsp;General Mills Inc | 4.200%, $1,010,000 par, due 4/17/2028 | (1) | 988972 |
| &nbsp;&nbsp;&nbsp;General Motors Financial Co Inc | 5.400%, $1,680,000 par, due 5/8/2027 | (1) | 1697511 |
| &nbsp;&nbsp;&nbsp;General Motors Financial Co Inc | 3.800%, $2,130,000 par, due 4/7/2025 | (1) | 2123284 |
| &nbsp;&nbsp;&nbsp;General Motors Financial Co Inc | 6.050%, $1,195,000 par, due 10/10/2025 | (1) | 1205264 |
| &nbsp;&nbsp;&nbsp;Georgia-Pacific LLC | 3.600%, $675,000 par, due 3/1/2025 | (1) | 673525 |
| &nbsp;&nbsp;&nbsp;Georgia-Pacific LLC | 2.100%, $807,000 par, due 4/30/2027 | (1) | 761141 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 3.625%, $21,748 par, due 12/20/2045 | (1) | 22070 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 4.625%, $40,574 par, due 3/20/2042 | (1) | 41113 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 3.625%, $71,758 par, due 10/20/2045 | (1) | 72817 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.340%, $826 par, due 12/20/2066 | (1) | 814 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.340%, $377 par, due 1/20/2067 | (1) | 371 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 5.564%, $636,255 par, due 5/20/2058 | (1) | 634866 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 5.310%, $23,734 par, due 6/20/2058 | (1) | 23895 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 4.740%, $371 par, due 6/20/2061 | (1) | 365 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 5.470%, $2,165 par, due 8/20/2059 | (1) | 2093 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 4.813%, $29,860 par, due 3/20/2058 | (1) | 29909 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 4.875%, $143,118 par, due 4/20/2042 | (1) | 144655 |
| &nbsp;&nbsp;&nbsp;GM Financial Automobile Leasing Trust 2024-1 | 5.090%, $3,865,000 par, due 3/22/2027 | (1) | 3888468 |
| &nbsp;&nbsp;&nbsp;GM Financial Consumer Auto Rec Trust 2024-3 | 5.130%, $2,575,000 par, due 4/16/2029 | (1) | 2603389 |
| &nbsp;&nbsp;&nbsp;GM Financial Consumer Automobile Rec Trust 2024-1 | 4.850%, $4,320,000 par, due 12/18/2028 | (1) | 4342067 |
| &nbsp;&nbsp;&nbsp;GMF Floorplan Owner Revolving Trust | 5.340%, $4,025,000 par, due 6/15/2028 | (1) | 4070225 |
| &nbsp;&nbsp;&nbsp;GNMA | 5.767%, $1,311,370 par, due 12/20/2066 | (1) | 1314190 |
| &nbsp;&nbsp;&nbsp;GNMA | 5.417%, $1,234,316 par, due 10/20/2065 | (1) | 1231449 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc | 1.431%, $1,000,000 par, due 3/9/2027 | (1) | 959976 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 1.542%, $2,100,000 par, due 9/10/2027 | (1) | 1985907 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 5.798%, $2,080,000 par, due 8/10/2026 | (1) | 2091507 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 4.223%, $800,000 par, due 5/1/2029 | (1) | 778344 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 4.482%, $700,000 par, due 8/23/2028 | (1) | 691867 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 2.640%, $3,405,000 par, due 2/24/2028 | (1) | 3247859 |
| &nbsp;&nbsp;&nbsp;Government National Mortgage Association | 5.667%, $973,076 par, due 1/20/2066 | (1) | 976528 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS5 | 3.409%, $662,699 par, due 3/10/2050 | (1) | 644318 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS6 | 3.164%, $4,106,604 par, due 5/10/2050 | (1) | 3937802 |
| &nbsp;&nbsp;&nbsp;Guardian Life Global Funding | 3.246%, $822,000 par, due 3/29/2027 | (1) | 796950 |
| &nbsp;&nbsp;&nbsp;Guardian Life Global Funding | 1.625%, $1,200,000 par, due 9/16/2028 | (1) | 1070263 |
| &nbsp;&nbsp;&nbsp;Guardian Life Global Funding | 5.550%, $385,000 par, due 10/28/2027 | (1) | 393198 |
| &nbsp;&nbsp;&nbsp;Gulfstream Natural Gas System LLC | 4.600%, $1,865,000 par, due 9/15/2025 | (1) | 1857581 |
| &nbsp;&nbsp;&nbsp;Gulfstream Natural Gas System LLC | 6.190%, $650,000 par, due 11/1/2025 | (1) | 655975 |
| &nbsp;&nbsp;&nbsp;Haleon UK Capital PLC | 3.125%, $1,885,000 par, due 3/24/2025 | (1) | 1877515 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Health Care Service Corp A Mutual Legal Reserve Co | 1.500%, $2,805,000 par, due 6/1/2025 | (1) | $2766440 |
| &nbsp;&nbsp;&nbsp;HEALTHPARTNERS | 4.089%, $1,000,000 par, due 7/1/2026 | (1) | 989800 |
| &nbsp;&nbsp;&nbsp;Healthpeak OP LLC | 4.000%, $2,115,000 par, due 6/1/2025 | (1) | 2104876 |
| &nbsp;&nbsp;&nbsp;Heineken NV | 3.500%, $1,600,000 par, due 1/29/2028 | (1) | 1539808 |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co | 4.400%, $1,330,000 par, due 9/25/2027 | (1) | 1316201 |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co | 4.450%, $610,000 par, due 9/25/2026 | (1) | 606880 |
| &nbsp;&nbsp;&nbsp;HNA 2015 LLC | 2.291%, $765,439 par, due 6/30/2027 | (1) | 735859 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2022-2 Owner Trust | 3.760%, $1,240,000 par, due 12/18/2028 | (1) | 1231373 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2023-3 Owner Trust | 5.410%, $3,365,000 par, due 2/18/2028 | (1) | 3398529 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2023-4 Owner Trust | 5.670%, $5,315,000 par, due 6/21/2028 | (1) | 5399365 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2023-4 Owner Trust | 5.660%, $635,000 par, due 2/21/2030 | (1) | 647825 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2024-1 Owner Trust | 5.210%, $2,805,000 par, due 8/15/2028 | (1) | 2833978 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2024-2 Owner Trust | 5.270%, $3,490,000 par, due 11/20/2028 | (1) | 3532173 |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables 2024-3 Owner Trust | 4.570%, $5,200,000 par, due 3/21/2029 | (1) | 5204025 |
| &nbsp;&nbsp;&nbsp;Honolulu City & County Board of Water Supply | 1.600%, $2,000,000 par, due 7/1/2028 | (1) | 1816060 |
| &nbsp;&nbsp;&nbsp;HP Inc | 4.750%, $1,340,000 par, due 1/15/2028 | (1) | 1338109 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 2.013%, $1,700,000 par, due 9/22/2028 | (1) | 1567657 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 2.206%, $800,000 par, due 8/17/2029 | (1) | 718801 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 4.041%, $1,500,000 par, due 3/13/2028 | (1) | 1468257 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 2.099%, $825,000 par, due 6/4/2026 | (1) | 815305 |
| &nbsp;&nbsp;&nbsp;Huntington Auto Trust 2024-1 | 5.230%, $4,870,000 par, due 1/16/2029 | (1) | 4919708 |
| &nbsp;&nbsp;&nbsp;Huntington Bancshares Inc/OH | 4.443%, $865,000 par, due 8/4/2028 | (1) | 856119 |
| &nbsp;&nbsp;&nbsp;Huntington National Bank/The | 4.552%, $705,000 par, due 5/17/2028 | (1) | 699376 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2024-A | 5.020%, $9,290,000 par, due 3/15/2027 | (1) | 9338039 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2024-B | 5.410%, $2,035,000 par, due 5/17/2027 | (1) | 2058724 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2024-C | 4.620%, $4,725,000 par, due 4/17/2028 | (1) | 4727363 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Receivables Trust 2023-B | 5.480%, $3,305,000 par, due 4/17/2028 | (1) | 3341114 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Receivables Trust 2023-C | 5.540%, $6,205,000 par, due 10/16/2028 | (1) | 6296238 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Receivables Trust 2024-A | 4.990%, $2,685,000 par, due 2/15/2029 | (1) | 2704783 |
| &nbsp;&nbsp;&nbsp;Hyundai Auto Receivables Trust 2024-B | 4.840%, $1,970,000 par, due 3/15/2029 | (1) | 1979992 |
| &nbsp;&nbsp;&nbsp;Hyundai Capital America | 4.300%, $1,060,000 par, due 9/24/2027 | (1) | 1042803 |
| &nbsp;&nbsp;&nbsp;Ingredion Inc | 3.200%, $1,032,000 par, due 10/1/2026 | (1) | 1003279 |
| &nbsp;&nbsp;&nbsp;International Business Machines Corp | 2.200%, $1,335,000 par, due 2/9/2027 | (1) | 1268193 |
| &nbsp;&nbsp;&nbsp;Interstate Power and Light Co | 3.600%, $450,000 par, due 4/1/2029 | (1) | 426146 |
| &nbsp;&nbsp;&nbsp;INTOWN 2022-STAY Mortgage Trust | 6.886%, $2,465,000 par, due 8/15/2039 | (1) | 2466541 |
| &nbsp;&nbsp;&nbsp;JobsOhio Beverage System | 3.985%, $2,000,000 par, due 1/1/2029 | (1) | 1977480 |
| &nbsp;&nbsp;&nbsp;John Deere Owner Trust 2023 | 5.010%, $975,000 par, due 11/15/2027 | (1) | 979339 |
| &nbsp;&nbsp;&nbsp;John Deere Owner Trust 2024 | 4.960%, $4,040,000 par, due 11/15/2028 | (1) | 4070866 |
| &nbsp;&nbsp;&nbsp;John Deere Owner Trust 2024-C | 4.060%, $2,785,000 par, due 6/15/2029 | (1) | 2753507 |
| &nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Sec Trust 2015-C30 | 3.822%, $910,000 par, due 7/15/2048 | (1) | 895942 |
| &nbsp;&nbsp;&nbsp;JPMCC Commercial Mortgage Sec Corp | 5.998%, $1,595,000 par, due 3/15/2039 | (1) | 1598988 |
| &nbsp;&nbsp;&nbsp;JPMCC Commercial Mortgage Sec Trust 2015-JP1 | 3.914%, $2,073,000 par, due 1/15/2049 | (1) | 2047075 |
| &nbsp;&nbsp;&nbsp;JPMCC Commercial Mortgage Sec Trust 2022-NLP | 4.994%, $4,534,819 par, due 4/15/2037 | (1) | 4434205 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C2 | 2.881%, $3,612,814 par, due 6/15/2049 | (1) | 3541241 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C2 | 3.144%, $275,000 par, due 6/15/2049 | (1) | 266700 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C4 | 2.882%, $3,322,973 par, due 12/15/2049 | (1) | 3231774 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 1.045%, $200,000 par, due 11/19/2026 | (1) | 193554 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 1.470%, $1,500,000 par, due 9/22/2027 | (1) | 1419081 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 2.947%, $1,900,000 par, due 2/24/2028 | (1) | 1827981 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 4.323%, $1,940,000 par, due 4/26/2028 | (1) | 1916609 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 4.851%, $615,000 par, due 7/25/2028 | (1) | 614950 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 6.070%, $1,370,000 par, due 10/22/2027 | (1) | 1401833 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 5.040%, $1,200,000 par, due 1/23/2028 | (1) | 1204362 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 5.571%, $3,020,000 par, due 4/22/2028 | (1) | 3071567 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 4.979%, $900,000 par, due 7/22/2028 | (1) | 903013 |
| &nbsp;&nbsp;&nbsp;KeyBank NA/Cleveland OH | 5.850%, $760,000 par, due 11/15/2027 | (1) | 778641 |
| &nbsp;&nbsp;&nbsp;KeyBank NA/Cleveland OH | 4.700%, $910,000 par, due 1/26/2026 | (1) | 908272 |
| &nbsp;&nbsp;&nbsp;Kimco Realty OP LLC | 3.800%, $1,555,000 par, due 4/1/2027 | (1) | 1523169 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan Inc | 1.750%, $500,000 par, due 11/15/2026 | (1) | 474049 |
| &nbsp;&nbsp;&nbsp;Kubota Credit Owner Trust 2024-1 | 5.190%, $3,480,000 par, due 7/17/2028 | (1) | 3518343 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies Inc | 4.400%, $800,000 par, due 6/15/2028 | (1) | 785830 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies Inc | 5.400%, $1,740,000 par, due 1/15/2027 | (1) | 1761273 |
| &nbsp;&nbsp;&nbsp;La Joya Independent School District | 5.000%, $2,650,000 par, due 2/15/2027 | (1) | 2681880 |
| &nbsp;&nbsp;&nbsp;Laboratory Corp of America Holdings | 3.600%, $1,540,000 par, due 9/1/2027 | (1) | 1497524 |
| &nbsp;&nbsp;&nbsp;Lake Central Multi-District School Building Corp | 0.983%, $1,000,000 par, due 1/15/2025 | (1) | 998790 |
| &nbsp;&nbsp;&nbsp;Lennox International Inc | 1.350%, $1,450,000 par, due 8/1/2025 | (1) | 1419134 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

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| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Lennox International Inc | 5.500%, $960,000 par, due 9/15/2028 | (1) | $975665 |
| &nbsp;&nbsp;&nbsp;Life 2021-BMR Mortgage Trust | 5.212%, $2,125,600 par, due 3/15/2038 | (1) | 2099030 |
| &nbsp;&nbsp;&nbsp;Life 2022-BMR Mortgage Trust | 5.692%, $3,210,000 par, due 5/15/2039 | (1) | 3137775 |
| &nbsp;&nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | 3.615%, $2,975,693 par, due 2/1/2027 | (1) | 2940342 |
| &nbsp;&nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | 5.081%, $2,967,740 par, due 6/1/2031 | (1) | 2983053 |
| &nbsp;&nbsp;&nbsp;Lowe's Cos Inc | 3.350%, $185,000 par, due 4/1/2027 | (1) | 179700 |
| &nbsp;&nbsp;&nbsp;M&T Bank Auto Receivables Trust 2024-1 | 5.220%, $2,200,000 par, due 2/17/2032 | (1) | 2218291 |
| &nbsp;&nbsp;&nbsp;Manufacturers & Traders Trust Co | 4.650%, $1,200,000 par, due 1/27/2026 | (1) | 1196579 |
| &nbsp;&nbsp;&nbsp;Manufacturers & Traders Trust Co | 5.400%, $1,745,000 par, due 11/21/2025 | (1) | 1750198 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp | 4.700%, $2,435,000 par, due 5/1/2025 | (1) | 2432275 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp | 3.800%, $1,640,000 par, due 4/1/2028 | (1) | 1582457 |
| &nbsp;&nbsp;&nbsp;Masco Corp | 3.500%, $1,195,000 par, due 11/15/2027 | (1) | 1150830 |
| &nbsp;&nbsp;&nbsp;Massachusetts School Building Authority | 1.134%, $2,000,000 par, due 8/15/2026 | (1) | 1902200 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Auto Lease Trust 2024-A | 5.320%, $3,475,000 par, due 1/18/2028 | (1) | 3516116 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Auto Receivables Trust 2023-2 | 5.950%, $4,780,000 par, due 11/15/2028 | (1) | 4868119 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Auto Receivables Trust 2024-1 | 4.800%, $9,615,000 par, due 4/16/2029 | (1) | 9657566 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Finance North America LLC | 4.900%, $830,000 par, due 11/15/2027 | (1) | 828473 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Finance North America LLC | 4.750%, $1,900,000 par, due 8/1/2027 | (1) | 1896954 |
| &nbsp;&nbsp;&nbsp;METLIFE SECURITIZATION TRUST 2019-1 | 3.750%, $60,611 par, due 4/25/2058 | (1) | 59483 |
| &nbsp;&nbsp;&nbsp;MHC Commercial Mortgage Trust 2021-MHC | 5.312%, $1,314,825 par, due 4/15/2038 | (1) | 1314003 |
| &nbsp;&nbsp;&nbsp;Michigan Finance Authority Student ABS 2021-1 | 4.953%, $533,877 par, due 7/25/2061 | (1) | 532762 |
| &nbsp;&nbsp;&nbsp;Microchip Technology Inc | 4.900%, $1,350,000 par, due 3/15/2028 | (1) | 1345719 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartments LP | 1.100%, $1,600,000 par, due 9/15/2026 | (1) | 1507250 |
| &nbsp;&nbsp;&nbsp;Mid-Atlantic Interstate Transmission LLC | 4.100%, $1,830,000 par, due 5/15/2028 | (1) | 1776143 |
| &nbsp;&nbsp;&nbsp;Missouri Higher Education Loan Authority | 5.669%, $2,349,187 par, due 3/25/2061 | (1) | 2292173 |
| &nbsp;&nbsp;&nbsp;Missouri Higher Education Loan Authority | 6.179%, $1,312,003 par, due 1/25/2061 | (1) | 1284425 |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | 4.080%, $1,490,000 par, due 4/19/2028 | (1) | 1464351 |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | 2.341%, $599,000 par, due 1/19/2028 | (1) | 569852 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2020-A | 0.970%, $2,270,400 par, due 4/9/2027 | (1) | 2208925 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2021-A | 0.560%, $1,189,076 par, due 6/13/2028 | (1) | 1168741 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2022-A | 3.200%, $2,103,374 par, due 1/13/2028 | (1) | 2083541 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2024-A | 4.950%, $3,655,000 par, due 7/14/2031 | (1) | 3669174 |
| &nbsp;&nbsp;&nbsp;Mondelez International Holdings Netherlands BV | 1.250%, $1,000,000 par, due 9/24/2026 | (1) | 941675 |
| &nbsp;&nbsp;&nbsp;Monongahela Power Co | 3.550%, $500,000 par, due 5/15/2027 | (1) | 484968 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 2.475%, $1,225,000 par, due 1/21/2028 | (1) | 1167276 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 4.679%, $1,590,000 par, due 7/17/2026 | (1) | 1588348 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 5.652%, $820,000 par, due 4/13/2028 | (1) | 833929 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 1.593%, $1,160,000 par, due 5/4/2027 | (1) | 1111967 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 6.138%, $100,000 par, due 10/16/2026 | (1) | 101012 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley BAML Trust 2016-C28 | 3.272%, $755,365 par, due 1/15/2049 | (1) | 746222 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley BAML Trust 2016-C31 | 2.840%, $2,975,897 par, due 11/15/2049 | (1) | 2894676 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Bank NA | 4.968%, $1,670,000 par, due 7/14/2028 | (1) | 1675247 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Bank NA | 4.952%, $2,410,000 par, due 1/14/2028 | (1) | 2413258 |
| &nbsp;&nbsp;&nbsp;Mosaic Co/The | 4.050%, $1,060,000 par, due 11/15/2027 | (1) | 1038545 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 4.875%, $725,000 par, due 6/1/2025 | (1) | 724510 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 4.000%, $175,000 par, due 2/15/2025 | (1) | 174784 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 4.125%, $675,000 par, due 3/1/2027 | (1) | 665023 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 1.750%, $1,500,000 par, due 3/1/2026 | (1) | 1448150 |
| &nbsp;&nbsp;&nbsp;Mutual of Omaha Cos Global Funding | 5.450%, $850,000 par, due 12/12/2028 | (1) | 858971 |
| &nbsp;&nbsp;&nbsp;Mutual of Omaha Cos Global Funding | 5.350%, $1,880,000 par, due 4/9/2027 | (1) | 1894619 |
| &nbsp;&nbsp;&nbsp;Mutual of Omaha Cos Global Funding | 5.800%, $1,130,000 par, due 7/27/2026 | (1) | 1144533 |
| &nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan Trust 2021-E | 0.970%, $2,335,922 par, due 12/16/2069 | (1) | 2056822 |
| &nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan Trust 2021-G | 1.580%, $3,836,882 par, due 4/15/2070 | (1) | 3386712 |
| &nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan Trust 2022-A | 2.230%, $2,277,581 par, due 7/15/2070 | (1) | 2042288 |
| &nbsp;&nbsp;&nbsp;Navient Student Loan Trust 2020-FA | 1.220%, $1,546,163 par, due 7/15/2069 | (1) | 1427849 |
| &nbsp;&nbsp;&nbsp;Navient Student Loan Trust 2021-1 | 5.283%, $2,038,956 par, due 12/26/2069 | (1) | 2024010 |
| &nbsp;&nbsp;&nbsp;Navistar Fin Dealer Note Master Owner Trust II | 6.180%, $1,260,000 par, due 8/25/2028 | (1) | 1271494 |
| &nbsp;&nbsp;&nbsp;Navistar Financial Dealer Note Master Owner Trust | 5.590%, $425,000 par, due 4/25/2029 | (1) | 429654 |
| &nbsp;&nbsp;&nbsp;Nebraska Investment Finance Authority | 5.000%, $805,000 par, due 3/1/2050 | (1) | 793521 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-A | 5.285%, $2,672,381 par, due 4/20/2062 | (1) | 2664177 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-A | 1.360%, $2,260,121 par, due 4/20/2062 | (1) | 2090820 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-B | 5.265%, $223,530 par, due 4/20/2062 | (1) | 222836 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-C | 5.225%, $3,469,377 par, due 4/20/2062 | (1) | 3452228 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-D | 5.175%, $3,087,836 par, due 4/20/2062 | (1) | 3071341 |
| &nbsp;&nbsp;&nbsp;New York Life Global Funding | 4.900%, $1,520,000 par, due 6/13/2028 | (1) | 1526857 |
| &nbsp;&nbsp;&nbsp;Newmont Corp / Newcrest Finance Pty Ltd | 5.300%, $1,560,000 par, due 3/15/2026 | (1) | 1570903 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings Inc | 6.051%, $75,000 par, due 3/1/2025 | (1) | $75133 |
| &nbsp;&nbsp;&nbsp;Nissan Auto Lease Trust 2024-A | 4.910%, $7,420,000 par, due 4/15/2027 | (1) | 7454555 |
| &nbsp;&nbsp;&nbsp;Nissan Auto Lease Trust 2024-B | 4.920%, $4,730,000 par, due 11/15/2027 | (1) | 4761795 |
| &nbsp;&nbsp;&nbsp;Nissan Master Owner Trust Receivables | 5.050%, $1,605,000 par, due 2/15/2029 | (1) | 1615327 |
| &nbsp;&nbsp;&nbsp;NNN REIT Inc | 4.000%, $840,000 par, due 11/15/2025 | (1) | 833146 |
| &nbsp;&nbsp;&nbsp;NNN REIT Inc | 3.500%, $640,000 par, due 10/15/2027 | (1) | 617953 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp | 3.250%, $1,500,000 par, due 1/15/2028 | (1) | 1433546 |
| &nbsp;&nbsp;&nbsp;Northwestern Mutual Global Funding | 4.900%, $1,290,000 par, due 6/12/2028 | (1) | 1290468 |
| &nbsp;&nbsp;&nbsp;Northwestern Mutual Global Funding | 4.350%, $1,517,000 par, due 9/15/2027 | (1) | 1504991 |
| &nbsp;&nbsp;&nbsp;NTT Finance Corp | 5.104%, $1,450,000 par, due 7/2/2027 | (1) | 1462643 |
| &nbsp;&nbsp;&nbsp;NTT Finance Corp | 1.162%, $1,615,000 par, due 4/3/2026 | (1) | 1546359 |
| &nbsp;&nbsp;&nbsp;Nucor Corp | 4.300%, $655,000 par, due 5/23/2027 | (1) | 649732 |
| &nbsp;&nbsp;&nbsp;Nucor Corp | 3.950%, $508,000 par, due 5/23/2025 | (1) | 506161 |
| &nbsp;&nbsp;&nbsp;Nutrien Ltd | 3.000%, $460,000 par, due 4/1/2025 | (1) | 457957 |
| &nbsp;&nbsp;&nbsp;Nutrien Ltd | 5.200%, $1,320,000 par, due 6/21/2027 | (1) | 1333463 |
| &nbsp;&nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | 4.400%, $1,450,000 par, due 6/1/2027 | (1) | 1436003 |
| &nbsp;&nbsp;&nbsp;Oncor Electric Delivery Co LLC | 3.700%, $873,000 par, due 11/15/2028 | (1) | 839684 |
| &nbsp;&nbsp;&nbsp;ONEOK Inc | 4.250%, $1,020,000 par, due 9/24/2027 | (1) | 1005150 |
| &nbsp;&nbsp;&nbsp;ONEOK Inc | 5.000%, $840,000 par, due 3/1/2026 | (1) | 841353 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 2.500%, $1,390,000 par, due 4/1/2025 | (1) | 1382009 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 2.300%, $1,300,000 par, due 3/25/2028 | (1) | 1201803 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 1.650%, $3,485,000 par, due 3/25/2026 | (1) | 3360237 |
| &nbsp;&nbsp;&nbsp;Orlando Health Obligated Group | 3.777%, $350,000 par, due 10/1/2028 | (1) | 335243 |
| &nbsp;&nbsp;&nbsp;Pacific Life Global Funding II | 4.900%, $438,000 par, due 4/4/2028 | (1) | 436230 |
| &nbsp;&nbsp;&nbsp;PacifiCorp | 3.350%, $2,300,000 par, due 7/1/2025 | (1) | 2282400 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp | 4.250%, $1,875,000 par, due 9/15/2027 | (1) | 1855037 |
| &nbsp;&nbsp;&nbsp;PeaceHealth Obligated Group | 1.375%, $2,065,000 par, due 11/15/2025 | (1) | 2000960 |
| &nbsp;&nbsp;&nbsp;Petroleos Mexicanos | 2.460%, $115,000 par, due 12/15/2025 | (1) | 110602 |
| &nbsp;&nbsp;&nbsp;Petroleos Mexicanos | 5.268%, $49,500 par, due 4/15/2025 | (1) | 49477 |
| &nbsp;&nbsp;&nbsp;PFS Financing Corp | 4.750%, $800,000 par, due 8/15/2029 | (1) | 798062 |
| &nbsp;&nbsp;&nbsp;PFS Financing Corp | 4.950%, $3,360,000 par, due 2/15/2029 | (1) | 3377606 |
| &nbsp;&nbsp;&nbsp;PHEAA Student Loan Trust 2016-1 | 5.833%, $542,933 par, due 9/25/2065 | (1) | 544955 |
| &nbsp;&nbsp;&nbsp;Phillips 66 Co | 3.750%, $1,580,000 par, due 3/1/2028 | (1) | 1529769 |
| &nbsp;&nbsp;&nbsp;PNC Bank NA | 3.250%, $970,000 par, due 1/22/2028 | (1) | 928910 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group Inc/The | 5.102%, $1,200,000 par, due 7/23/2027 | (1) | 1206032 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group Inc/The | 6.615%, $770,000 par, due 10/20/2027 | (1) | 793225 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group Inc/The | 5.812%, $1,020,000 par, due 6/12/2026 | (1) | 1024336 |
| &nbsp;&nbsp;&nbsp;Porsche Financial Auto Securitization Trust 2023-2 | 5.790%, $6,285,000 par, due 1/22/2029 | (1) | 6338404 |
| &nbsp;&nbsp;&nbsp;PPG Industries Inc | 1.200%, $1,965,000 par, due 3/15/2026 | (1) | 1881973 |
| &nbsp;&nbsp;&nbsp;Principal Life Global Funding II | 4.600%, $1,260,000 par, due 8/19/2027 | (1) | 1256255 |
| &nbsp;&nbsp;&nbsp;Principal Life Global Funding II | 1.500%, $2,035,000 par, due 11/17/2026 | (1) | 1920055 |
| &nbsp;&nbsp;&nbsp;Protective Life Global Funding | 1.303%, $2,500,000 par, due 9/20/2026 | (1) | 2358653 |
| &nbsp;&nbsp;&nbsp;Protective Life Global Funding | 4.335%, $1,410,000 par, due 9/13/2027 | (1) | 1396657 |
| &nbsp;&nbsp;&nbsp;Protective Life Global Funding | 4.714%, $855,000 par, due 7/6/2027 | (1) | 853711 |
| &nbsp;&nbsp;&nbsp;REALTY INCOME CORP | 4.125%, $1,860,000 par, due 10/15/2026 | (1) | 1842244 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp | 2.250%, $100,000 par, due 5/18/2025 | (1) | 98995 |
| &nbsp;&nbsp;&nbsp;Reliance Industries Ltd | 1.870%, $57,316 par, due 1/15/2026 | (1) | 56425 |
| &nbsp;&nbsp;&nbsp;Reliance Industries Ltd | 2.444%, $1,147,105 par, due 1/15/2026 | (1) | 1132984 |
| &nbsp;&nbsp;&nbsp;Reliance Industries Ltd | 2.512%, $783,750 par, due 1/15/2026 | (1) | 771723 |
| &nbsp;&nbsp;&nbsp;RI State Std Ln Authority | 6.076%, $137,102 par, due 9/1/2036 | (1) | 136881 |
| &nbsp;&nbsp;&nbsp;Rochester Gas and Electric Corp | 3.100%, $1,940,000 par, due 6/1/2027 | (1) | 1855618 |
| &nbsp;&nbsp;&nbsp;Rogers Communications Inc | 2.950%, $770,000 par, due 3/15/2025 | (1) | 765773 |
| &nbsp;&nbsp;&nbsp;Rogers Communications Inc | 3.200%, $1,710,000 par, due 3/15/2027 | (1) | 1651562 |
| &nbsp;&nbsp;&nbsp;Roper Technologies Inc | 3.800%, $380,000 par, due 12/15/2026 | (1) | 374100 |
| &nbsp;&nbsp;&nbsp;Royal Bank of Canada | 4.784%, $2,535,000 par, due 12/12/2025 | (1) | 2537953 |
| &nbsp;&nbsp;&nbsp;Royal Bank of Canada | 4.522%, $1,240,000 par, due 10/18/2028 | (1) | 1229574 |
| &nbsp;&nbsp;&nbsp;Royal Bank of Canada | 5.069%, $700,000 par, due 7/23/2027 | (1) | 703170 |
| &nbsp;&nbsp;&nbsp;RTX Corp | 5.750%, $850,000 par, due 11/8/2026 | (1) | 864984 |
| &nbsp;&nbsp;&nbsp;RTX Corp | 3.125%, $2,950,000 par, due 5/4/2027 | (1) | 2846871 |
| &nbsp;&nbsp;&nbsp;Ryder System Inc | 5.300%, $640,000 par, due 3/15/2027 | (1) | 646975 |
| &nbsp;&nbsp;&nbsp;Sabine Pass Liquefaction LLC | 4.200%, $780,000 par, due 3/15/2028 | (1) | 761490 |
| &nbsp;&nbsp;&nbsp;Sabine Pass Liquefaction LLC | 5.875%, $690,000 par, due 6/30/2026 | (1) | 696500 |
| &nbsp;&nbsp;&nbsp;Santa Monica Community College District | 1.496%, $1,500,000 par, due 8/1/2028 | (1) | 1352205 |
| &nbsp;&nbsp;&nbsp;Santander Drive Auto Receivables Trust 2022-7 | 5.750%, $147,773 par, due 4/15/2027 | (1) | 147894 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 5.688%, $24,237,499 par, due 9/10/2033 | (1) | 24715463 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.517%, $59,722 par, due 3/10/2025 | (1) | 59424 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.829%, $549,926 par, due 9/10/2025 | (1) | $542517 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.507%, $217,201 par, due 3/10/2026 | (1) | 212087 |
| &nbsp;&nbsp;&nbsp;SBNA Auto Lease Trust 2024-B | 5.560%, $2,490,000 par, due 11/22/2027 | (1) | 2520948 |
| &nbsp;&nbsp;&nbsp;SC State Std Ln Corp | 5.183%, $412,835 par, due 1/25/2041 | (1) | 410544 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust | 2.500%, $2,787,896 par, due 9/25/2060 | (1) | 2518730 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-2 | 2.500%, $2,951,579 par, due 11/25/2059 | (1) | 2569007 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-3 | 2.500%, $1,293,551 par, due 5/25/2060 | (1) | 1120277 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-3 | 2.500%, $1,420,930 par, due 5/25/2060 | (1) | 1290038 |
| &nbsp;&nbsp;&nbsp;Sempra | 3.300%, $1,495,000 par, due 4/1/2025 | (1) | 1489135 |
| &nbsp;&nbsp;&nbsp;SF City & Cty Public UTL Commission Wastewater Re | 4.655%, $3,350,000 par, due 10/1/2027 | (1) | 3355494 |
| &nbsp;&nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2024-1 | 4.950%, $3,635,000 par, due 5/21/2029 | (1) | 3648718 |
| &nbsp;&nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2024-2 | 5.330%, $3,425,000 par, due 11/20/2029 | (1) | 3458579 |
| &nbsp;&nbsp;&nbsp;Sherwin-Williams Co/The | 3.450%, $3,090,000 par, due 6/1/2027 | (1) | 3004348 |
| &nbsp;&nbsp;&nbsp;Simon Property Group LP | 3.300%, $175,000 par, due 1/15/2026 | (1) | 172756 |
| &nbsp;&nbsp;&nbsp;SLM Student Loan Trust 2003-10 | 5.740%, $3,516,634 par, due 12/17/2068 | (1) | 3511145 |
| &nbsp;&nbsp;&nbsp;SLM Student Loan Trust 2013-2 | 5.133%, $221,610 par, due 6/25/2043 | (1) | 217209 |
| &nbsp;&nbsp;&nbsp;Southern California Edison Co | 4.900%, $85,000 par, due 6/1/2026 | (1) | 85143 |
| &nbsp;&nbsp;&nbsp;Southern Co Gas Capital Corp | 3.875%, $390,000 par, due 11/15/2025 | (1) | 386415 |
| &nbsp;&nbsp;&nbsp;Stanley Black & Decker Inc | 2.300%, $535,000 par, due 2/24/2025 | (1) | 532949 |
| &nbsp;&nbsp;&nbsp;State of Hawaii | 1.283%, $475,000 par, due 8/1/2026 | (1) | 453345 |
| &nbsp;&nbsp;&nbsp;State of Utah | 3.539%, $263,734 par, due 7/1/2025 | (1) | 262777 |
| &nbsp;&nbsp;&nbsp;State Street Corp | 2.203%, $1,600,000 par, due 2/7/2028 | (1) | 1520451 |
| &nbsp;&nbsp;&nbsp;State Street Corp | 1.746%, $1,730,000 par, due 2/6/2026 | (1) | 1724350 |
| &nbsp;&nbsp;&nbsp;State Street Corp | 4.530%, $1,490,000 par, due 2/20/2029 | (1) | 1473166 |
| &nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | 1.402%, $350,000 par, due 9/17/2026 | (1) | 330968 |
| &nbsp;&nbsp;&nbsp;Sutter Health | 1.321%, $1,940,000 par, due 8/15/2025 | (1) | 1897227 |
| &nbsp;&nbsp;&nbsp;Synchrony Card Funding LLC | 4.930%, $3,815,000 par, due 7/15/2030 | (1) | 3839176 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software Inc | 5.000%, $865,000 par, due 3/28/2026 | (1) | 867226 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software Inc | 3.550%, $270,000 par, due 4/14/2025 | (1) | 269012 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software Inc | 4.950%, $1,000,000 par, due 3/28/2028 | (1) | 999802 |
| &nbsp;&nbsp;&nbsp;Tesla Auto Lease Trust 2024-A | 5.300%, $2,040,000 par, due 6/21/2027 | (1) | 2051877 |
| &nbsp;&nbsp;&nbsp;Tesla Electric Vehicle Trust 2023-1 | 5.380%, $3,240,000 par, due 6/20/2028 | (1) | 3270945 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA Inc | 2.250%, $660,000 par, due 2/15/2026 | (1) | 641043 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA Inc | 2.625%, $1,310,000 par, due 4/15/2026 | (1) | 1276616 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank/The | 2.800%, $1,500,000 par, due 3/10/2027 | (1) | 1438950 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank/The | 4.980%, $1,560,000 par, due 4/5/2027 | (1) | 1565388 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2017-5 | 5.053%, $84,115 par, due 2/25/2057 | (1) | 87809 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2017-6 | 2.750%, $181,900 par, due 10/25/2057 | (1) | 177616 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2018-1 | 3.000%, $59,408 par, due 1/25/2058 | (1) | 58430 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2018-2 | 3.250%, $646,105 par, due 3/25/2058 | (1) | 634789 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2018-3 | 3.750%, $560,323 par, due 5/25/2058 | (1) | 545645 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2018-6 | 3.750%, $140,032 par, due 3/25/2058 | (1) | 138501 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2019-HY3 | 5.453%, $844,752 par, due 10/25/2059 | (1) | 863204 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2021-1 | 2.250%, $2,862,313 par, due 11/25/2061 | (1) | 2632939 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2021-1 | 1.070%, $5,835,000 par, due 2/27/2034 | (1) | 5611292 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2022-1 | 3.820%, $2,105,000 par, due 4/25/2035 | (1) | 2068327 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Receivables 2021-C Owner Trust | 0.430%, $20,920 par, due 1/15/2026 | (1) | 20852 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Receivables 2024-A Owner Trust | 4.830%, $5,440,000 par, due 10/16/2028 | (1) | 5467793 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Receivables 2024-B Owner Trust | 5.330%, $2,440,000 par, due 1/16/2029 | (1) | 2473157 |
| &nbsp;&nbsp;&nbsp;Toyota Lease Owner Trust 2023-B | 5.660%, $3,640,000 par, due 11/20/2026 | (1) | 3672152 |
| &nbsp;&nbsp;&nbsp;Toyota Lease Owner Trust 2024-A | 5.250%, $5,610,000 par, due 4/20/2027 | (1) | 5654470 |
| &nbsp;&nbsp;&nbsp;Toyota Lease Owner Trust 2024-B | 4.210%, $3,960,000 par, due 9/20/2027 | (1) | 3936992 |
| &nbsp;&nbsp;&nbsp;Trane Technologies Financing Ltd | 3.500%, $1,260,000 par, due 3/21/2026 | (1) | 1242446 |
| &nbsp;&nbsp;&nbsp;Trinity Health | 2.734%, $2,000,000 par, due 12/1/2027 | (1) | 1912660 |
| &nbsp;&nbsp;&nbsp;Truist Bank | 3.625%, $2,535,000 par, due 9/16/2025 | (1) | 2515027 |
| &nbsp;&nbsp;&nbsp;Truist Bank | 3.800%, $1,885,000 par, due 10/30/2026 | (1) | 1849818 |
| &nbsp;&nbsp;&nbsp;Truist Financial Corp | 4.260%, $2,040,000 par, due 7/28/2026 | (1) | 2031975 |
| &nbsp;&nbsp;&nbsp;TSMC Arizona Corp | 1.750%, $1,695,000 par, due 10/25/2026 | (1) | 1606024 |
| &nbsp;&nbsp;&nbsp;TSMC Global Ltd | 0.750%, $1,375,000 par, due 9/28/2025 | (1) | 1335847 |
| &nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust 2017-C3 | 3.167%, $3,675,000 par, due 8/15/2050 | (1) | 3567205 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 4.488%, $1,100,000 par, due 5/12/2026 | (1) | 1097443 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 1.494%, $540,000 par, due 8/10/2027 | (1) | 510899 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 6.327%, $940,000 par, due 12/22/2027 | (1) | 964668 |
| &nbsp;&nbsp;&nbsp;UDR Inc | 2.950%, $1,765,000 par, due 9/1/2026 | (1) | 1711261 |
| &nbsp;&nbsp;&nbsp;Union Electric Co | 2.950%, $2,000,000 par, due 6/15/2027 | (1) | 1921760 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.290%, $150,485 par, due 12/1/2027 | (1) | 149934 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  |  | **Description of investment, including** |  |  |
|  |  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
|  | &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.720%, $53,939 par, due 1/1/2029 | (1) | $53917 |
|  | &nbsp;&nbsp;&nbsp;United States Small Business Administration | 4.760%, $106,652 par, due 9/1/2025 | (1) | 106022 |
|  | &nbsp;&nbsp;&nbsp;United States Small Business Administration | 1.880%, $4,874 par, due 3/1/2025 | (1) | 4859 |
|  | &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.510%, $46,874 par, due 11/1/2027 | (1) | 47181 |
|  | &nbsp;&nbsp;&nbsp;United States Small Business Administration | 6.770%, $67,513 par, due 11/1/2028 | (1) | 69432 |
|  | &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.630%, $208,465 par, due 10/1/2028 | (1) | 208392 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.875%, $22,705,000 par, due 10/15/2027 | (1) | 22463759 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.500%, $56,475,000 par, due 5/15/2027 | (1) | 56750767 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.250%, $45,005,000 par, due 3/15/2027 | (1) | 44989158 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.500%, $18,915,000 par, due 4/15/2027 | (1) | 19008100 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.125%, $6,460,000 par, due 10/31/2026 | (1) | 6444858 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.125%, $22,760,000 par, due 11/15/2027 | (1) | 22656874 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.000%, $14,460,000 par, due 12/15/2027 | (1) | 14347038 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.625%, $36,505,000 par, due 6/15/2027 | (1) | 36807298 |
|  | &nbsp;&nbsp;&nbsp;US Bancorp | 2.215%, $1,935,000 par, due 1/27/2028 | (1) | 1834475 |
|  | &nbsp;&nbsp;&nbsp;US Bancorp | 4.548%, $2,240,000 par, due 7/22/2028 | (1) | 2221437 |
|  | &nbsp;&nbsp;&nbsp;VCM Lease SA | 2.516%, $246,354 par, due 9/28/2027 | (1) | 237779 |
|  | &nbsp;&nbsp;&nbsp;Ventas Realty LP | 2.650%, $570,000 par, due 1/15/2025 | (1) | 569089 |
|  | &nbsp;&nbsp;&nbsp;Ventas Realty LP | 3.500%, $820,000 par, due 2/1/2025 | (1) | 818582 |
|  | &nbsp;&nbsp;&nbsp;Ventas Realty LP | 3.850%, $720,000 par, due 4/1/2027 | (1) | 703097 |
|  | &nbsp;&nbsp;&nbsp;Verizon Communications Inc | 2.100%, $2,400,000 par, due 3/22/2028 | (1) | 2207587 |
|  | &nbsp;&nbsp;&nbsp;Verizon Communications Inc | 4.125%, $856,000 par, due 3/16/2027 | (1) | 846262 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 5.670%, $3,840,000 par, due 11/20/2029 | (1) | 3917480 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 5.000%, $3,545,000 par, due 12/20/2028 | (1) | 3563041 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 5.340%, $3,950,000 par, due 4/22/2030 | (1) | 4016159 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 4.170%, $6,225,000 par, due 8/20/2030 | (1) | 6164468 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 5.160%, $1,765,000 par, due 6/20/2029 | (1) | 1781646 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 4.620%, $1,280,000 par, due 11/20/2030 | (1) | 1278644 |
|  | &nbsp;&nbsp;&nbsp;Vermont Std Asst Corp | 5.505%, $94,561 par, due 7/28/2034 | (1) | 94373 |
|  | &nbsp;&nbsp;&nbsp;Vermont Std Asst Corp | 5.555%, $77,597 par, due 4/30/2035 | (1) | 77270 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Auto Lease Trust 2024-A | 5.210%, $3,855,000 par, due 6/21/2027 | (1) | 3891098 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Auto Loan Enhanced Trust 2023-2 | 5.480%, $6,620,000 par, due 12/20/2028 | (1) | 6727741 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC | 3.350%, $895,000 par, due 5/13/2025 | (1) | 889857 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC | 5.700%, $1,770,000 par, due 9/12/2026 | (1) | 1785312 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC | 4.850%, $500,000 par, due 8/15/2027 | (1) | 494753 |
|  | &nbsp;&nbsp;&nbsp;Warnermedia Holdings Inc | 3.638%, $1,085,000 par, due 3/15/2025 | (1) | 1081339 |
|  | &nbsp;&nbsp;&nbsp;Warnermedia Holdings Inc | 3.755%, $2,345,000 par, due 3/15/2027 | (1) | 2259131 |
|  | &nbsp;&nbsp;&nbsp;Washington Aircraft 1 Co DAC | 2.637%, $241,006 par, due 9/15/2026 | (1) | 235368 |
|  | &nbsp;&nbsp;&nbsp;Waste Management Inc | 4.500%, $1,990,000 par, due 3/15/2028 | (1) | 1977835 |
|  | &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 3.550%, $1,155,000 par, due 6/15/2025 | (1) | 1146925 |
|  | &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 1.375%, $900,000 par, due 10/15/2027 | (1) | 821563 |
|  | &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 5.600%, $622,000 par, due 9/12/2026 | (1) | 629919 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2015-C31 | 3.695%, $1,935,000 par, due 11/15/2048 | (1) | 1916385 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-C33 | 3.162%, $1,495,953 par, due 3/15/2059 | (1) | 1475080 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-C35 | 2.674%, $786,497 par, due 7/15/2048 | (1) | 766191 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-LC24 | 2.684%, $911,182 par, due 10/15/2049 | (1) | 885022 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-NXS6 | 2.642%, $3,375,000 par, due 11/15/2049 | (1) | 3292076 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C38 | 3.190%, $2,596,627 par, due 7/15/2050 | (1) | 2494893 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C39 | 3.157%, $4,610,000 par, due 9/15/2050 | (1) | 4387014 |
|  | &nbsp;&nbsp;&nbsp;Welltower OP LLC | 4.250%, $1,000,000 par, due 4/15/2028 | (1) | 978932 |
|  | &nbsp;&nbsp;&nbsp;Welltower OP LLC | 4.000%, $100,000 par, due 6/1/2025 | (1) | 99631 |
|  | &nbsp;&nbsp;&nbsp;Weyerhaeuser Co | 4.750%, $2,295,000 par, due 5/15/2026 | (1) | 2295468 |
|  | &nbsp;&nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | 5.800%, $2,854,036 par, due 4/18/2038 | (1) | 2871934 |
|  | &nbsp;&nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | 6.460%, $3,654,828 par, due 8/18/2038 | (1) | 3723367 |
|  | &nbsp;&nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | 5.490%, $4,005,000 par, due 2/18/2039 | (1) | 4050581 |
|  | &nbsp;&nbsp;&nbsp;Williams Cos Inc/The | 5.400%, $1,795,000 par, due 3/2/2026 | (1) | 1807242 |
|  | &nbsp;&nbsp;&nbsp;Williams Cos Inc/The | 4.900%, $780,000 par, due 3/15/2029 | (1) | 774240 |
|  | &nbsp;&nbsp;&nbsp;Windermere Aviation LLC | 2.351%, $274,509 par, due 5/27/2026 | (1) | 268475 |
|  | &nbsp;&nbsp;&nbsp;Wisconsin Power and Light Co | 3.050%, $800,000 par, due 10/15/2027 | (1) | 765669 |
|  | &nbsp;&nbsp;&nbsp;WMRK Commercial Mortgage Trust 2022-WMRK | 7.186%, $400,000 par, due 11/15/2027 | (1) | 403865 |
|  | &nbsp;&nbsp;&nbsp;World Omni Auto Lease Sec Trust 2024 | 5.260%, $3,135,000 par, due 10/15/2027 | (1) | 3170814 |
|  | &nbsp;&nbsp;&nbsp;World Omni Auto Receivables Trust 2023-D | 5.790%, $4,800,000 par, due 2/15/2029 | (1) | 4884216 |
|  | &nbsp;&nbsp;&nbsp;World Omni Auto Receivables Trust 2024-B | 5.270%, $2,735,000 par, due 9/17/2029 | (1) | 2769412 |
|  | &nbsp;&nbsp;&nbsp;World Omni Auto Receivables Trust 2024-C | 4.430%, $3,730,000 par, due 12/17/2029 | (1) | 3716725 |
|  | &nbsp;&nbsp;&nbsp;WRKCo Inc | 3.375%, $2,600,000 par, due 9/15/2027 | (1) | 2501309 |
|  | &nbsp;&nbsp;&nbsp;WRKCo Inc | 3.750%, $1,050,000 par, due 3/15/2025 | (1) | 1047220 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Blackrock Treasury Trust Fund | 4.337%, 21,444,611 shares | (1) | $21444611 |
|  |  |  | 1452217418 |
|  | Accrued income receivable |  | 8186588 |
|  | Receivable for investment payments due |  | 885974 |
|  | Payable for securities purchased on a forward commitment basis |  | (12800308) |
|  | Variation margin payable |  | (2328) |
|  | Deposit with Broker |  | 178800 |
|  |  |  | 1448666144 |
| American General Life Ins. Co. | 3.18% | (1) |  |
| Massachusetts Mutual Life Ins. Co. | 3.25% | (1) |  |
| Metropolitan Tower Life Ins. Co. | 3.18% | (1) |  |
| Nationwide Life Ins. Co. | 3.30% | (1) |  |
| Pacific Life Ins. Co. | 3.33% | (1) |  |
| Prudential Ins. Co. of America | 3.36% | (1) |  |
| Royal Bank of Canada | 3.13% | (1) |  |
| State Street Bank and Trust Co. | 3.29% | (1) |  |
| Transamerica Life Ins. Co. | 3.29% | (1) |  |
| Voya Ret. Ins. and Annuity Co. | 3.20% | (1) |  |
| &nbsp;&nbsp;&nbsp;Access Group Inc 2013-1 | 5.183%, $121,461 par, due 2/25/2036 | (1) | 121027 |
| &nbsp;&nbsp;&nbsp;Advocate Health & Hospitals Corp | 2.211%, $1,555,000 par, due 6/15/2030 | (1) | 1353912 |
| &nbsp;&nbsp;&nbsp;Agilent Technologies Inc | 2.750%, $1,020,000 par, due 9/15/2029 | (1) | 926530 |
| &nbsp;&nbsp;&nbsp;Agilent Technologies Inc | 2.100%, $650,000 par, due 6/4/2030 | (1) | 559680 |
| &nbsp;&nbsp;&nbsp;Agree LP | 2.900%, $1,570,000 par, due 10/1/2030 | (1) | 1391062 |
| &nbsp;&nbsp;&nbsp;Alabama Federal Aid Highway Finance Authority | 2.256%, $1,520,000 par, due 9/1/2033 | (1) | 1237584 |
| &nbsp;&nbsp;&nbsp;Albemarle Corp | 4.650%, $420,000 par, due 6/1/2027 | (1) | 416448 |
| &nbsp;&nbsp;&nbsp;Albemarle Corp | 5.050%, $640,000 par, due 6/1/2032 | (1) | 609160 |
| &nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities Inc | 4.300%, $285,000 par, due 1/15/2026 | (1) | 283563 |
| &nbsp;&nbsp;&nbsp;Ameren Missouri Securitization Funding I LLC | 4.850%, $1,485,000 par, due 10/1/2039 | (1) | 1453162 |
| &nbsp;&nbsp;&nbsp;American Express Co | 5.282%, $370,000 par, due 7/27/2029 | (1) | 374128 |
| &nbsp;&nbsp;&nbsp;American Express Co | 5.532%, $1,390,000 par, due 4/25/2030 | (1) | 1415840 |
| &nbsp;&nbsp;&nbsp;American Honda Finance Corp | 4.900%, $880,000 par, due 3/13/2029 | (1) | 876924 |
| &nbsp;&nbsp;&nbsp;American Honda Finance Corp | 4.400%, $850,000 par, due 9/5/2029 | (1) | 826426 |
| &nbsp;&nbsp;&nbsp;AMEX Credit Account Master Trust 2023-1 | 4.870%, $2,745,000 par, due 5/15/2028 | (1) | 2759472 |
| &nbsp;&nbsp;&nbsp;Amgen Inc | 5.150%, $1,130,000 par, due 3/2/2028 | (1) | 1138131 |
| &nbsp;&nbsp;&nbsp;Amphenol Corp | 5.050%, $535,000 par, due 4/5/2029 | (1) | 538328 |
| &nbsp;&nbsp;&nbsp;Anglo American Capital PLC | 2.250%, $340,000 par, due 3/17/2028 | (1) | 310969 |
| &nbsp;&nbsp;&nbsp;Anglo American Capital PLC | 4.875%, $1,240,000 par, due 5/14/2025 | (1) | 1238583 |
| &nbsp;&nbsp;&nbsp;Aon Corp | 3.750%, $730,000 par, due 5/2/2029 | (1) | 693128 |
| &nbsp;&nbsp;&nbsp;Aon Corp / Aon Global Holdings PLC | 5.150%, $640,000 par, due 3/1/2029 | (1) | 642053 |
| &nbsp;&nbsp;&nbsp;Ascension Health | 2.532%, $3,000,000 par, due 11/15/2029 | (1) | 2695734 |
| &nbsp;&nbsp;&nbsp;Astrazeneca Finance LLC | 4.850%, $850,000 par, due 2/26/2029 | (1) | 851761 |
| &nbsp;&nbsp;&nbsp;AT&T Inc | 4.500%, $870,000 par, due 5/15/2035 | (1) | 804747 |
| &nbsp;&nbsp;&nbsp;AT&T Inc | 2.250%, $2,730,000 par, due 2/1/2032 | (1) | 2257890 |
| &nbsp;&nbsp;&nbsp;AT&T Inc | 1.700%, $2,140,000 par, due 3/25/2026 | (1) | 2062755 |
| &nbsp;&nbsp;&nbsp;AUTOZONE INC | 5.100%, $1,020,000 par, due 7/15/2029 | (1) | 1025831 |
| &nbsp;&nbsp;&nbsp;BA Credit Card Trust | 4.790%, $2,035,000 par, due 5/15/2028 | (1) | 2043901 |
| &nbsp;&nbsp;&nbsp;BAE Systems Holdings Inc | 3.850%, $1,200,000 par, due 12/15/2025 | (1) | 1188905 |
| &nbsp;&nbsp;&nbsp;BAE Systems PLC | 3.400%, $2,000,000 par, due 4/15/2030 | (1) | 1844540 |
| &nbsp;&nbsp;&nbsp;BAE Systems PLC | 5.125%, $500,000 par, due 3/26/2029 | (1) | 501025 |
| &nbsp;&nbsp;&nbsp;BANK 2017-BNK5 | 3.390%, $2,230,000 par, due 6/15/2060 | (1) | 2145351 |
| &nbsp;&nbsp;&nbsp;BANK 2017-BNK6 | 3.518%, $1,800,000 par, due 7/15/2060 | (1) | 1735247 |
| &nbsp;&nbsp;&nbsp;BANK 2017-BNK8 | 3.229%, $1,486,046 par, due 11/15/2050 | (1) | 1427493 |
| &nbsp;&nbsp;&nbsp;BANK 2018-BNK11 | 3.784%, $3,527,368 par, due 3/15/2061 | (1) | 3396069 |
| &nbsp;&nbsp;&nbsp;Bank of America Commercial Mtg Trust 2017-BNK3 | 3.311%, $2,078,080 par, due 2/15/2050 | (1) | 2017768 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 1.319%, $2,020,000 par, due 6/19/2026 | (1) | 1986989 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 4.571%, $1,490,000 par, due 4/27/2033 | (1) | 1416729 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 1.734%, $3,220,000 par, due 7/22/2027 | (1) | 3069987 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 4.271%, $2,180,000 par, due 7/23/2029 | (1) | 2124233 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp | 2.551%, $1,200,000 par, due 2/4/2028 | (1) | 1144223 |
| &nbsp;&nbsp;&nbsp;Bank of Montreal | 5.717%, $500,000 par, due 9/25/2028 | (1) | 512658 |
| &nbsp;&nbsp;&nbsp;Bank of Montreal | 4.640%, $1,120,000 par, due 9/10/2030 | (1) | 1098492 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp | 4.543%, $2,080,000 par, due 2/1/2029 | (1) | 2063984 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp | 4.975%, $565,000 par, due 3/14/2030 | (1) | 565716 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp | 4.596%, $940,000 par, due 7/26/2030 | (1) | 928753 |
| &nbsp;&nbsp;&nbsp;Bank of Nova Scotia/The | 4.404%, $910,000 par, due 9/8/2028 | (1) | 900695 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

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| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Bank of Nova Scotia/The | 4.850%, $340,000 par, due 2/1/2030 | (1) | $337520 |
| &nbsp;&nbsp;&nbsp;Bank of Nova Scotia/The | 5.250%, $1,400,000 par, due 6/12/2028 | (1) | 1414648 |
| &nbsp;&nbsp;&nbsp;Baxter International Inc | 3.950%, $385,000 par, due 4/1/2030 | (1) | 363780 |
| &nbsp;&nbsp;&nbsp;Baxter International Inc | 1.915%, $2,120,000 par, due 2/1/2027 | (1) | 1998145 |
| &nbsp;&nbsp;&nbsp;Bayer US Finance II LLC | 4.375%, $1,200,000 par, due 12/15/2028 | (1) | 1153904 |
| &nbsp;&nbsp;&nbsp;Bayer US Finance II LLC | 4.250%, $790,000 par, due 12/15/2025 | (1) | 784685 |
| &nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust 2018-C2 | 4.047%, $1,735,000 par, due 12/15/2051 | (1) | 1678196 |
| &nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust 2018-C2 | 4.314%, $2,040,000 par, due 12/15/2051 | (1) | 1986046 |
| &nbsp;&nbsp;&nbsp;Becton Dickinson & Co | 4.693%, $680,000 par, due 2/13/2028 | (1) | 676697 |
| &nbsp;&nbsp;&nbsp;Becton Dickinson & Co | 4.298%, $100,000 par, due 8/22/2032 | (1) | 94141 |
| &nbsp;&nbsp;&nbsp;Becton Dickinson & Co | 2.823%, $640,000 par, due 5/20/2030 | (1) | 573171 |
| &nbsp;&nbsp;&nbsp;Benchmark 2018-B8 Mortgage Trust | 4.232%, $1,896,000 par, due 1/15/2052 | (1) | 1814902 |
| &nbsp;&nbsp;&nbsp;BFLD Commercial Mortgage Trust 2024-UNIV | 5.890%, $1,605,000 par, due 11/15/2041 | (1) | 1605000 |
| &nbsp;&nbsp;&nbsp;Black Hills Corp | 3.150%, $1,544,000 par, due 1/15/2027 | (1) | 1490059 |
| &nbsp;&nbsp;&nbsp;BMP 2024-MF23 | 5.769%, $1,785,000 par, due 6/15/2041 | (1) | 1791635 |
| &nbsp;&nbsp;&nbsp;BMW US Capital LLC | 4.650%, $690,000 par, due 8/13/2029 | (1) | 677189 |
| &nbsp;&nbsp;&nbsp;BMW US Capital LLC | 3.950%, $1,200,000 par, due 8/14/2028 | (1) | 1157875 |
| &nbsp;&nbsp;&nbsp;BNP Paribas SA | 4.400%, $1,510,000 par, due 8/14/2028 | (1) | 1467226 |
| &nbsp;&nbsp;&nbsp;BNP Paribas SA | 2.591%, $700,000 par, due 1/20/2028 | (1) | 665274 |
| &nbsp;&nbsp;&nbsp;BNP Paribas SA | 5.176%, $210,000 par, due 1/9/2030 | (1) | 209293 |
| &nbsp;&nbsp;&nbsp;BNP Paribas Sec Corp | 1.675%, $810,000 par, due 6/30/2027 | (1) | 771318 |
| &nbsp;&nbsp;&nbsp;BOCA Commercial Mortgage Trust 2024-BOCA | 6.318%, $1,600,000 par, due 8/15/2041 | (1) | 1606995 |
| &nbsp;&nbsp;&nbsp;Boeing Co/The | 2.700%, $1,420,000 par, due 2/1/2027 | (1) | 1353452 |
| &nbsp;&nbsp;&nbsp;Boeing Co/The | 2.196%, $140,000 par, due 2/4/2026 | (1) | 135764 |
| &nbsp;&nbsp;&nbsp;Boeing Co/The | 5.040%, $130,000 par, due 5/1/2027 | (1) | 130312 |
| &nbsp;&nbsp;&nbsp;Boeing Co/The | 5.150%, $1,780,000 par, due 5/1/2030 | (1) | 1754368 |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America Inc | 4.699%, $940,000 par, due 4/10/2029 | (1) | 935154 |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America Inc | 2.721%, $770,000 par, due 1/12/2032 | (1) | 658923 |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America Inc | 4.893%, $1,440,000 par, due 9/11/2033 | (1) | 1393318 |
| &nbsp;&nbsp;&nbsp;BPCE SA | 4.750%, $1,600,000 par, due 7/19/2027 | (1) | 1592413 |
| &nbsp;&nbsp;&nbsp;BPR Trust 2022-OANA | 6.295%, $3,350,000 par, due 4/15/2037 | (1) | 3362563 |
| &nbsp;&nbsp;&nbsp;Brazos Education Loan Authority | 5.153%, $1,535,883 par, due 1/25/2072 | (1) | 1528260 |
| &nbsp;&nbsp;&nbsp;Brazos Education Loan Authority Inc | 5.033%, $2,783,737 par, due 11/25/2071 | (1) | 2762984 |
| &nbsp;&nbsp;&nbsp;Broadcom Inc | 4.350%, $920,000 par, due 2/15/2030 | (1) | 895170 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2021-VOLT | 5.212%, $3,630,000 par, due 9/15/2036 | (1) | 3623194 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2024-GPA2 | 5.939%, $1,950,000 par, due 11/15/2041 | (1) | 1957923 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2024-GPA3 | 5.800%, $830,000 par, due 12/15/2039 | (1) | 830255 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2024-XL5 | 5.789%, $1,895,218 par, due 3/15/2041 | (1) | 1902919 |
| &nbsp;&nbsp;&nbsp;BX Trust 2021-BXMF | 5.147%, $1,228,199 par, due 10/15/2026 | (1) | 1222826 |
| &nbsp;&nbsp;&nbsp;BX Trust 2021-RISE | 5.259%, $1,462,419 par, due 11/15/2036 | (1) | 1456021 |
| &nbsp;&nbsp;&nbsp;BX Trust 2022-IND | 5.888%, $3,022,131 par, due 4/15/2037 | (1) | 3025909 |
| &nbsp;&nbsp;&nbsp;BX Trust 2024-MDHS | 6.038%, $1,055,594 par, due 5/15/2041 | (1) | 1060543 |
| &nbsp;&nbsp;&nbsp;BX Trust 2024-VLT4 | 5.889%, $860,000 par, due 7/15/2029 | (1) | 863494 |
| &nbsp;&nbsp;&nbsp;Campbell Union High School District | 2.312%, $1,430,000 par, due 8/1/2035 | (1) | 1112640 |
| &nbsp;&nbsp;&nbsp;Canadian Natural Resources Ltd | 3.850%, $730,000 par, due 6/1/2027 | (1) | 714464 |
| &nbsp;&nbsp;&nbsp;Canadian Natural Resources Ltd | 5.000%, $700,000 par, due 12/15/2029 | (1) | 692765 |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway Co | 1.750%, $1,090,000 par, due 12/2/2026 | (1) | 1032053 |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway Co | 4.000%, $960,000 par, due 6/1/2028 | (1) | 934662 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 3.273%, $740,000 par, due 3/1/2030 | (1) | 684193 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 5.268%, $790,000 par, due 5/10/2033 | (1) | 769451 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp | 1.878%, $1,595,000 par, due 11/2/2027 | (1) | 1506915 |
| &nbsp;&nbsp;&nbsp;Capital One NA | 2.280%, $930,000 par, due 1/28/2026 | (1) | 927901 |
| &nbsp;&nbsp;&nbsp;Cargill Inc | 2.125%, $700,000 par, due 11/10/2031 | (1) | 578594 |
| &nbsp;&nbsp;&nbsp;CD 2017-CD5 Mortgage Trust | 3.171%, $3,510,000 par, due 8/15/2050 | (1) | 3354307 |
| &nbsp;&nbsp;&nbsp;Cedars-Sinai Health System | 2.288%, $2,500,000 par, due 8/15/2031 | (1) | 2101795 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | 4.450%, $1,580,000 par, due 10/1/2032 | (1) | 1503884 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | 5.200%, $1,130,000 par, due 10/1/2028 | (1) | 1143768 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | 5.150%, $840,000 par, due 3/1/2034 | (1) | 830562 |
| &nbsp;&nbsp;&nbsp;CGMS Commercial Mortgage Trust 2017-B1 | 3.458%, $4,219,746 par, due 8/15/2050 | (1) | 4044572 |
| &nbsp;&nbsp;&nbsp;Charles Schwab Corp | 5.643%, $1,160,000 par, due 5/19/2029 | (1) | 1183579 |
| &nbsp;&nbsp;&nbsp;Charter Communications Operating LLC | 4.400%, $1,100,000 par, due 4/1/2033 | (1) | 982969 |
| &nbsp;&nbsp;&nbsp;Cherokee County Board of Education | 5.626%, $1,000,000 par, due 8/1/2028 | (1) | 1020420 |
| &nbsp;&nbsp;&nbsp;Children's Hospital Medical Center/Cincinnati OH | 2.853%, $1,775,000 par, due 11/15/2026 | (1) | 1709077 |
| &nbsp;&nbsp;&nbsp;CHRISTUS Health | 4.341%, $1,500,000 par, due 7/1/2028 | (1) | 1468401 |
| &nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2018-B2 | 4.009%, $2,710,000 par, due 3/10/2051 | (1) | 2629892 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.668%, $880,000 par, due 7/24/2028 | (1) | 852391 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.520%, $500,000 par, due 10/27/2028 | (1) | $481179 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 4.542%, $400,000 par, due 9/19/2030 | (1) | 388749 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 4.910%, $1,580,000 par, due 5/24/2033 | (1) | 1528152 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 2.572%, $2,050,000 par, due 6/3/2031 | (1) | 1787411 |
| &nbsp;&nbsp;&nbsp;Citigroup Inc | 3.070%, $4,220,000 par, due 2/24/2028 | (1) | 4057787 |
| &nbsp;&nbsp;&nbsp;Citizens Bank NA/Providence RI | 3.750%, $260,000 par, due 2/18/2026 | (1) | 256704 |
| &nbsp;&nbsp;&nbsp;Citizens Bank NA/Providence RI | 4.575%, $1,870,000 par, due 8/9/2028 | (1) | 1852764 |
| &nbsp;&nbsp;&nbsp;City & County of Honolulu HI | 3.753%, $425,000 par, due 9/1/2030 | (1) | 405837 |
| &nbsp;&nbsp;&nbsp;City of Atlanta GA | 2.288%, $2,445,000 par, due 12/1/2033 | (1) | 1987638 |
| &nbsp;&nbsp;&nbsp;City of Chandler AZ Excise Tax Revenue | 2.007%, $1,840,000 par, due 7/1/2030 | (1) | 1598224 |
| &nbsp;&nbsp;&nbsp;City of Chicago IL | 6.050%, $95,000 par, due 1/1/2029 | (1) | 95737 |
| &nbsp;&nbsp;&nbsp;City of Seattle WA Drainage & Wastewater Revenue | 5.550%, $1,750,000 par, due 11/1/2039 | (1) | 1741408 |
| &nbsp;&nbsp;&nbsp;City of Worcester MA | 6.250%, $640,000 par, due 1/1/2028 | (1) | 656019 |
| &nbsp;&nbsp;&nbsp;CLEVELAND CLINIC HEALTH SYSTEM | 2.885%, $3,475,000 par, due 1/1/2032 | (1) | 3064047 |
| &nbsp;&nbsp;&nbsp;Clovis Unified School District | 2.228%, $2,620,000 par, due 8/1/2030 | (1) | 2306543 |
| &nbsp;&nbsp;&nbsp;CNH Industrial Capital LLC | 5.100%, $210,000 par, due 4/20/2029 | (1) | 210029 |
| &nbsp;&nbsp;&nbsp;CNH Industrial NV | 3.850%, $2,400,000 par, due 11/15/2027 | (1) | 2344001 |
| &nbsp;&nbsp;&nbsp;Coast Community College District | 2.788%, $3,610,000 par, due 8/1/2033 | (1) | 3074348 |
| &nbsp;&nbsp;&nbsp;Comcast Corp | 3.400%, $750,000 par, due 4/1/2030 | (1) | 697241 |
| &nbsp;&nbsp;&nbsp;Commonwealth Edison Co | 3.700%, $2,254,000 par, due 8/15/2028 | (1) | 2175184 |
| &nbsp;&nbsp;&nbsp;Commonwealth of Massachusetts | 3.769%, $750,000 par, due 7/15/2029 | (1) | 726398 |
| &nbsp;&nbsp;&nbsp;Commonwealth of Massachusetts | 1.520%, $95,000 par, due 11/1/2030 | (1) | 79689 |
| &nbsp;&nbsp;&nbsp;Connecticut Light and Power Co/The | 4.650%, $1,620,000 par, due 1/1/2029 | (1) | 1611937 |
| &nbsp;&nbsp;&nbsp;Connecticut Light and Power Co/The | 4.950%, $110,000 par, due 8/15/2034 | (1) | 107289 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips Co | 4.700%, $1,160,000 par, due 1/15/2030 | (1) | 1147930 |
| &nbsp;&nbsp;&nbsp;Consumers Energy Co | 3.800%, $1,600,000 par, due 11/15/2028 | (1) | 1543133 |
| &nbsp;&nbsp;&nbsp;Consumers Energy Co | 4.900%, $1,320,000 par, due 2/15/2029 | (1) | 1323486 |
| &nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA | 3.649%, $590,000 par, due 4/6/2028 | (1) | 572413 |
| &nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA | 5.564%, $850,000 par, due 2/28/2029 | (1) | 861229 |
| &nbsp;&nbsp;&nbsp;Cooperative Rabobank UA | 1.980%, $3,080,000 par, due 12/15/2027 | (1) | 2917487 |
| &nbsp;&nbsp;&nbsp;Corebridge Global Funding | 5.900%, $880,000 par, due 9/19/2028 | (1) | 904690 |
| &nbsp;&nbsp;&nbsp;Coterra Energy Inc | 3.900%, $640,000 par, due 5/15/2027 | (1) | 625699 |
| &nbsp;&nbsp;&nbsp;Coterra Energy Inc | 4.375%, $600,000 par, due 3/15/2029 | (1) | 580190 |
| &nbsp;&nbsp;&nbsp;County of Bexar TX | 2.171%, $2,090,000 par, due 6/15/2032 | (1) | 1747052 |
| &nbsp;&nbsp;&nbsp;County of Lee FL Water & Sewer Revenue | 2.416%, $2,140,000 par, due 10/1/2028 | (1) | 1969677 |
| &nbsp;&nbsp;&nbsp;County of Spokane WA | 2.828%, $875,000 par, due 12/1/2032 | (1) | 763070 |
| &nbsp;&nbsp;&nbsp;County of Spokane WA | 2.728%, $950,000 par, due 12/1/2031 | (1) | 837720 |
| &nbsp;&nbsp;&nbsp;CRH America Inc | 3.875%, $740,000 par, due 5/18/2025 | (1) | 736058 |
| &nbsp;&nbsp;&nbsp;CRH SMW Finance DAC | 5.200%, $1,150,000 par, due 5/21/2029 | (1) | 1158021 |
| &nbsp;&nbsp;&nbsp;CSAIL 2018-C14 Commercial Mortgage Trust | 4.422%, $1,850,000 par, due 11/15/2051 | (1) | 1787070 |
| &nbsp;&nbsp;&nbsp;CubeSmart LP | 2.250%, $1,510,000 par, due 12/15/2028 | (1) | 1357913 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 3.000%, $400,000 par, due 8/15/2026 | (1) | 387455 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 1.300%, $2,530,000 par, due 8/21/2027 | (1) | 2292724 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 4.300%, $421,000 par, due 3/25/2028 | (1) | 407842 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp | 5.125%, $1,860,000 par, due 2/21/2030 | (1) | 1821055 |
| &nbsp;&nbsp;&nbsp;Daimler Truck Finance North America LLC | 2.000%, $2,000,000 par, due 12/14/2026 | (1) | 1894934 |
| &nbsp;&nbsp;&nbsp;Daimler Truck Finance North America LLC | 3.650%, $820,000 par, due 4/7/2027 | (1) | 797741 |
| &nbsp;&nbsp;&nbsp;Daimler Truck Finance North America LLC | 5.400%, $750,000 par, due 9/20/2028 | (1) | 759614 |
| &nbsp;&nbsp;&nbsp;DC Commercial Mortgage Trust 2023-DC | 6.314%, $2,095,000 par, due 9/12/2040 | (1) | 2147748 |
| &nbsp;&nbsp;&nbsp;Denver City & County School District No 1 | 3.587%, $1,255,000 par, due 12/1/2032 | (1) | 1148651 |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust LP | 4.450%, $1,120,000 par, due 7/15/2028 | (1) | 1099968 |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust LP | 5.550%, $640,000 par, due 1/15/2028 | (1) | 650510 |
| &nbsp;&nbsp;&nbsp;DLLMT 2023-1 LLC | 5.340%, $1,605,000 par, due 3/22/2027 | (1) | 1614558 |
| &nbsp;&nbsp;&nbsp;Dominion Energy South Carolina Inc | 2.300%, $930,000 par, due 12/1/2031 | (1) | 779052 |
| &nbsp;&nbsp;&nbsp;DTE Electric Co | 2.250%, $220,000 par, due 3/1/2030 | (1) | 193961 |
| &nbsp;&nbsp;&nbsp;DTE Electric Co | 2.625%, $950,000 par, due 3/1/2031 | (1) | 831389 |
| &nbsp;&nbsp;&nbsp;DTE Electric Co | 3.000%, $1,520,000 par, due 3/1/2032 | (1) | 1335247 |
| &nbsp;&nbsp;&nbsp;Duke Energy Carolinas LLC | 2.550%, $1,230,000 par, due 4/15/2031 | (1) | 1066016 |
| &nbsp;&nbsp;&nbsp;Duke Energy Carolinas LLC | 2.850%, $580,000 par, due 3/15/2032 | (1) | 501890 |
| &nbsp;&nbsp;&nbsp;Duke Energy Florida LLC | 2.400%, $730,000 par, due 12/15/2031 | (1) | 616412 |
| &nbsp;&nbsp;&nbsp;Duke Energy Progress LLC | 3.700%, $730,000 par, due 9/1/2028 | (1) | 703117 |
| &nbsp;&nbsp;&nbsp;Duke Energy Progress LLC | 3.450%, $350,000 par, due 3/15/2029 | (1) | 331638 |
| &nbsp;&nbsp;&nbsp;Duke Energy Progress LLC | 2.000%, $2,020,000 par, due 8/15/2031 | (1) | 1672039 |
| &nbsp;&nbsp;&nbsp;Duke University Health System Inc | 2.552%, $2,674,000 par, due 6/1/2029 | (1) | 2392524 |
| &nbsp;&nbsp;&nbsp;East Ohio Gas Co/The | 1.300%, $617,000 par, due 6/15/2025 | (1) | 606405 |
| &nbsp;&nbsp;&nbsp;ECMC Group Student Loan Trust 2021-1 | 5.253%, $1,399,610 par, due 11/25/2070 | (1) | 1384988 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Enbridge Inc | 5.300%, $445,000 par, due 4/5/2029 | (1) | $449596 |
| &nbsp;&nbsp;&nbsp;Enbridge Inc | 3.125%, $190,000 par, due 11/15/2029 | (1) | 173940 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP | 6.100%, $1,230,000 par, due 12/1/2028 | (1) | 1277564 |
| &nbsp;&nbsp;&nbsp;Entergy Arkansas LLC | 4.000%, $1,300,000 par, due 6/1/2028 | (1) | 1267998 |
| &nbsp;&nbsp;&nbsp;Entergy Mississippi LLC | 2.850%, $350,000 par, due 6/1/2028 | (1) | 328377 |
| &nbsp;&nbsp;&nbsp;Enterprise Fleet Financing 2023-2 LLC | 5.560%, $964,199 par, due 4/22/2030 | (1) | 972512 |
| &nbsp;&nbsp;&nbsp;Enterprise Products Operating LLC | 2.800%, $880,000 par, due 1/31/2030 | (1) | 795756 |
| &nbsp;&nbsp;&nbsp;Equifax Inc | 4.800%, $130,000 par, due 9/15/2029 | (1) | 128355 |
| &nbsp;&nbsp;&nbsp;Equifax Inc | 5.100%, $500,000 par, due 12/15/2027 | (1) | 502672 |
| &nbsp;&nbsp;&nbsp;Equifax Inc | 5.100%, $1,030,000 par, due 6/1/2028 | (1) | 1033825 |
| &nbsp;&nbsp;&nbsp;Equifax Inc | 2.350%, $690,000 par, due 9/15/2031 | (1) | 577274 |
| &nbsp;&nbsp;&nbsp;ERP Operating LP | 4.150%, $1,240,000 par, due 12/1/2028 | (1) | 1211701 |
| &nbsp;&nbsp;&nbsp;Ethiopian Leasing 2012 LLC | 2.646%, $285,038 par, due 5/12/2026 | (1) | 281274 |
| &nbsp;&nbsp;&nbsp;Ethiopian Leasing 2012 LLC | 2.566%, $204,216 par, due 8/14/2026 | (1) | 199314 |
| &nbsp;&nbsp;&nbsp;Evergy Metro Inc | 2.250%, $1,080,000 par, due 6/1/2030 | (1) | 935986 |
| &nbsp;&nbsp;&nbsp;Evergy Metro Inc | 4.950%, $1,060,000 par, due 4/15/2033 | (1) | 1034183 |
| &nbsp;&nbsp;&nbsp;Evergy Missouri West Inc | 5.150%, $420,000 par, due 12/15/2027 | (1) | 421473 |
| &nbsp;&nbsp;&nbsp;Exelon Corp | 5.150%, $630,000 par, due 3/15/2028 | (1) | 633710 |
| &nbsp;&nbsp;&nbsp;Experian Finance PLC | 4.250%, $1,300,000 par, due 2/1/2029 | (1) | 1262781 |
| &nbsp;&nbsp;&nbsp;Extra Space Storage LP | 3.900%, $350,000 par, due 4/1/2029 | (1) | 334726 |
| &nbsp;&nbsp;&nbsp;Extra Space Storage LP | 4.000%, $871,000 par, due 6/15/2029 | (1) | 833452 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Grantor Trust 2002-T16 | 7.000%, $37,148 par, due 7/25/2042 | (1) | 38532 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Grantor Trust 2002-T18 | 7.000%, $18,499 par, due 8/25/2042 | (1) | 19395 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Grantor Trust 2004-T3 | 6.000%, $98,884 par, due 2/25/2044 | (1) | 98118 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.000%, $25,143 par, due 9/1/2038 | (1) | 25286 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $813,901 par, due 11/1/2048 | (1) | 776194 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.840%, $2,699,056 par, due 1/1/2027 | (1) | 2609971 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $174,729 par, due 2/1/2031 | (1) | 168029 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $1,534,354 par, due 9/1/2052 | (1) | 1450713 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $8,208,027 par, due 10/1/2052 | (1) | 7979762 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $14,238,065 par, due 10/1/2052 | (1) | 13512650 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.500%, $6,097,025 par, due 10/1/2052 | (1) | 6087739 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $5,838,307 par, due 1/1/2052 | (1) | 4818080 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $681,501 par, due 1/1/2035 | (1) | 639999 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $529,069 par, due 1/1/2035 | (1) | 496864 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $369,977 par, due 1/1/2035 | (1) | 345894 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $1,217,394 par, due 12/1/2034 | (1) | 1115958 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $459,035 par, due 9/1/2034 | (1) | 420791 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $949,085 par, due 10/1/2034 | (1) | 869995 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $764,115 par, due 10/1/2034 | (1) | 700444 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 1.390%, $1,240,000 par, due 11/1/2028 | (1) | 1097069 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 1.390%, $2,050,000 par, due 11/1/2028 | (1) | 1813703 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 1.980%, $5,181,549 par, due 6/1/2030 | (1) | 4528886 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.590%, $4,438,000 par, due 3/1/2029 | (1) | 4075029 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.270%, $2,190,000 par, due 4/1/2029 | (1) | 1990443 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.590%, $5,010,000 par, due 12/1/2030 | (1) | 4428660 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.885%, $3,590,000 par, due 5/1/2029 | (1) | 3339540 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 1.990%, $6,081,519 par, due 2/1/2029 | (1) | 5501591 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $16,743,953 par, due 6/1/2052 | (1) | 15447837 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.500%, $24,944,000 par, due 10/1/2029 | (1) | 23543195 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.210%, $6,580,000 par, due 2/1/2028 | (1) | 6490565 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.500%, $1,050,997 par, due 11/1/2046 | (1) | 971779 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $311,609 par, due 6/1/2031 | (1) | 294679 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $277,849 par, due 6/1/2031 | (1) | 262779 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $323,332 par, due 6/1/2031 | (1) | 305997 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 2.500%, $350,234 par, due 6/1/2031 | (1) | 330980 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.037%, $58,314 par, due 7/1/2035 | (1) | 58916 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.500%, $45,213 par, due 4/1/2036 | (1) | 45734 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.391%, $9,808 par, due 5/1/2036 | (1) | 9954 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.108%, $63,076 par, due 3/1/2034 | (1) | 64203 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.128%, $14,225 par, due 4/1/2044 | (1) | 14294 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.252%, $34,530 par, due 8/1/2034 | (1) | 34989 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.105%, $17,668 par, due 1/1/2035 | (1) | 17890 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.315%, $11,251 par, due 7/1/2035 | (1) | 11408 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.315%, $24,639 par, due 7/1/2035 | (1) | 25103 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.950%, $9,362 par, due 1/1/2037 | (1) | 9492 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.491%, $7,406 par, due 4/1/2037 | (1) | $7403 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $2,484,113 par, due 6/1/2056 | (1) | 2358216 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $1,445,920 par, due 6/1/2056 | (1) | 1372641 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $1,008,729 par, due 6/1/2056 | (1) | 957608 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $2,007,231 par, due 4/1/2041 | (1) | 1905751 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.800%, $2,800,000 par, due 10/1/2029 | (1) | 2685696 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.080%, $1,430,000 par, due 10/1/2029 | (1) | 1387653 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $3,943,270 par, due 8/1/2051 | (1) | 3645837 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.860%, $2,080,000 par, due 12/1/2031 | (1) | 1961923 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.360%, $630,000 par, due 1/1/2030 | (1) | 618718 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.255%, $220,000 par, due 1/1/2030 | (1) | 215022 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.400%, $2,345,000 par, due 1/1/2032 | (1) | 2279042 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.350%, $2,630,000 par, due 12/1/2029 | (1) | 2581718 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.320%, $1,420,000 par, due 1/1/2030 | (1) | 1392017 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.300%, $260,000 par, due 1/1/2030 | (1) | 254643 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.325%, $2,140,000 par, due 1/1/2030 | (1) | 2098311 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.500%, $2,105,317 par, due 1/1/2051 | (1) | 1983104 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.671%, $77,742 par, due 5/1/2036 | (1) | 76997 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.459%, $170,329 par, due 11/1/2048 | (1) | 171333 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $153,065 par, due 11/1/2033 | (1) | 152130 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $216,570 par, due 10/1/2035 | (1) | 214804 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $333,072 par, due 6/1/2035 | (1) | 330237 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $701,288 par, due 3/1/2036 | (1) | 698155 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $496,205 par, due 3/1/2033 | (1) | 466030 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $1,006,479 par, due 12/1/2049 | (1) | 867231 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $1,443,668 par, due 7/1/2056 | (1) | 1322999 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $347,874 par, due 7/1/2032 | (1) | 328158 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $1,164,969 par, due 6/1/2056 | (1) | 1067585 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $2,160,317 par, due 7/1/2056 | (1) | 1979753 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.570%, $4,630,000 par, due 5/1/2031 | (1) | 4541900 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $264,226 par, due 1/1/2041 | (1) | 250866 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $1,364,848 par, due 11/1/2040 | (1) | 1295830 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.046%, $143,002 par, due 4/1/2036 | (1) | 141932 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.500%, $356,325 par, due 4/1/2046 | (1) | 320850 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.000%, $340,347 par, due 5/1/2031 | (1) | 326679 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.242%, $24,390 par, due 3/1/2042 | (1) | 25004 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 4.000%, $505,877 par, due 11/1/2045 | (1) | 474624 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.086%, $30,744 par, due 1/1/2041 | (1) | 31814 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.000%, $100,949 par, due 9/1/2033 | (1) | 100356 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 3.500%, $78,842 par, due 8/1/2032 | (1) | 75019 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 5.500%, $304,794 par, due 4/1/2033 | (1) | 306379 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.105%, $30,707 par, due 11/1/2041 | (1) | 30894 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.074%, $150,721 par, due 3/1/2044 | (1) | 154567 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 6.128%, $59,987 par, due 3/1/2044 | (1) | 61478 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Pool | 7.191%, $132,990 par, due 5/1/2044 | (1) | 136802 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMIC Trust 2005-W1 | 6.500%, $75,600 par, due 10/25/2044 | (1) | 77246 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS | 5.500%, $103,754 par, due 4/25/2035 | (1) | 106047 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Trust 2003-W6 | 6.500%, $39,943 par, due 9/25/2042 | (1) | 40381 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Trust 2003-W8 | 7.000%, $6,515 par, due 10/25/2042 | (1) | 6613 |
| &nbsp;&nbsp;&nbsp;Fannie Mae Trust 2004-W2 | 7.000%, $30,015 par, due 2/25/2044 | (1) | 30933 |
| &nbsp;&nbsp;&nbsp;Federal Realty OP LP | 5.375%, $1,100,000 par, due 5/1/2028 | (1) | 1110787 |
| &nbsp;&nbsp;&nbsp;FedEx Corp | 3.100%, $910,000 par, due 8/5/2029 | (1) | 843470 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 4.337%, $180,000 par, due 4/25/2033 | (1) | 167249 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 4.055%, $630,000 par, due 4/25/2028 | (1) | 616442 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 4.772%, $1,290,000 par, due 7/28/2030 | (1) | 1264261 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 5.631%, $350,000 par, due 1/29/2032 | (1) | 353866 |
| &nbsp;&nbsp;&nbsp;FirstEnergy Pennsylvania Electric Co | 5.200%, $670,000 par, due 4/1/2028 | (1) | 673134 |
| &nbsp;&nbsp;&nbsp;FirstEnergy Transmission LLC | 2.866%, $480,000 par, due 9/15/2028 | (1) | 444586 |
| &nbsp;&nbsp;&nbsp;Fiserv Inc | 5.375%, $1,820,000 par, due 8/21/2028 | (1) | 1844941 |
| &nbsp;&nbsp;&nbsp;Fiserv Inc | 5.450%, $630,000 par, due 3/2/2028 | (1) | 639950 |
| &nbsp;&nbsp;&nbsp;Florida Gas Transmission Co LLC | 2.300%, $895,000 par, due 10/1/2031 | (1) | 732401 |
| &nbsp;&nbsp;&nbsp;Florida Gas Transmission Co LLC | 4.350%, $1,780,000 par, due 7/15/2025 | (1) | 1772652 |
| &nbsp;&nbsp;&nbsp;FMC Corp | 3.450%, $670,000 par, due 10/1/2029 | (1) | 613691 |
| &nbsp;&nbsp;&nbsp;FN 4.28 MultiFam FWD FEB 2025 | 4.280%, $2,040,000 par, due 2/1/2029 | (1) | 1994671 |
| &nbsp;&nbsp;&nbsp;FN 4.34 MultiFam FWD JAN 2025 | 4.340%, $1,090,000 par, due 1/1/2030 | (1) | 1070522 |
| &nbsp;&nbsp;&nbsp;FN 4.40 MultiFam FWD JAN 2025 | 4.400%, $2,305,000 par, due 1/1/2030 | (1) | 2256987 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;FN 4.62 MultiFam FWD JAN 2025 | 4.620%, $4,880,000 par, due 1/1/2031 | (1) | $4820527 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2021-REV1 | 1.370%, $3,705,000 par, due 10/17/2033 | (1) | 3558582 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2022-REV1 | 3.880%, $3,075,000 par, due 11/15/2034 | (1) | 3019453 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust 2023-B | 5.230%, $1,980,000 par, due 5/15/2028 | (1) | 1997184 |
| &nbsp;&nbsp;&nbsp;Ford Motor Credit Co LLC | 5.303%, $680,000 par, due 9/6/2029 | (1) | 666263 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 4.000%, $636,662 par, due 4/1/2046 | (1) | 593234 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 4.000%, $519,613 par, due 1/1/2047 | (1) | 485062 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 4.000%, $13,685 par, due 2/1/2026 | (1) | 13609 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 3.000%, $180,397 par, due 8/1/2027 | (1) | 177294 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 3.500%, $67,340 par, due 2/1/2043 | (1) | 61078 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 6.000%, $72,950 par, due 8/1/2038 | (1) | 75682 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 6.000%, $21,898 par, due 9/1/2038 | (1) | 22673 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 6.000%, $118,458 par, due 8/1/2038 | (1) | 122944 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 3.000%, $1,034,767 par, due 1/1/2043 | (1) | 913031 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Gold Pool | 3.500%, $12,073 par, due 12/1/2025 | (1) | 11988 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.390%, $71,714 par, due 8/1/2047 | (1) | 73832 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.101%, $383,309 par, due 10/1/2047 | (1) | 393371 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.753%, $18,359 par, due 11/1/2040 | (1) | 18732 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.492%, $101,974 par, due 7/1/2047 | (1) | 105003 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 7.348%, $142,839 par, due 8/1/2044 | (1) | 146933 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.168%, $8,293 par, due 2/1/2042 | (1) | 8371 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 6.456%, $33,007 par, due 12/1/2036 | (1) | 33258 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 5.935%, $117,870 par, due 1/1/2044 | (1) | 120835 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Non Gold Pool | 2.491%, $6,365,079 par, due 5/1/2052 | (1) | 5870526 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $2,572,039 par, due 11/1/2049 | (1) | 2217524 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $2,576,446 par, due 12/1/2049 | (1) | 2219706 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $2,577,600 par, due 1/1/2050 | (1) | 2220989 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 4.000%, $3,746,739 par, due 8/1/2052 | (1) | 3441473 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 4.000%, $3,519,597 par, due 8/1/2052 | (1) | 3248989 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 2.000%, $4,157,858 par, due 11/1/2050 | (1) | 3273557 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.500%, $71,026 par, due 8/1/2049 | (1) | 63716 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 2.500%, $4,563,862 par, due 12/1/2034 | (1) | 4188074 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 2.500%, $1,047,348 par, due 1/1/2035 | (1) | 961231 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 2.500%, $3,244,521 par, due 1/1/2035 | (1) | 2977740 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $279,272 par, due 1/1/2035 | (1) | 262271 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $401,076 par, due 1/1/2035 | (1) | 376654 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 3.000%, $270,439 par, due 1/1/2035 | (1) | 252968 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 2.500%, $1,048,609 par, due 12/1/2034 | (1) | 961222 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 2.500%, $7,739,977 par, due 12/1/2051 | (1) | 6397764 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Pool | 4.500%, $2,997,631 par, due 9/1/2052 | (1) | 2827632 |
| &nbsp;&nbsp;&nbsp;Freddie Struct PT Cert | 7.000%, $387,504 par, due 7/25/2043 | (1) | 400389 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies Inc | 5.857%, $530,000 par, due 3/15/2030 | (1) | 549063 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies Inc | 5.650%, $1,790,000 par, due 11/15/2027 | (1) | 1833484 |
| &nbsp;&nbsp;&nbsp;General Mills Inc | 5.500%, $980,000 par, due 10/17/2028 | (1) | 1000365 |
| &nbsp;&nbsp;&nbsp;General Mills Inc | 2.875%, $895,000 par, due 4/15/2030 | (1) | 804942 |
| &nbsp;&nbsp;&nbsp;General Motors Financial Co Inc | 2.400%, $1,940,000 par, due 10/15/2028 | (1) | 1758738 |
| &nbsp;&nbsp;&nbsp;General Motors Financial Co Inc | 4.300%, $1,270,000 par, due 4/6/2029 | (1) | 1226594 |
| &nbsp;&nbsp;&nbsp;General Motors Financial Co Inc | 5.000%, $730,000 par, due 4/9/2027 | (1) | 730755 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 4.625%, $39,876 par, due 3/20/2042 | (1) | 40406 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 5.564%, $397,659 par, due 5/20/2058 | (1) | 396792 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.588%, $499,663 par, due 1/20/2067 | (1) | 495259 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.278%, $873,045 par, due 12/20/2066 | (1) | 856303 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.475%, $1,230,962 par, due 2/20/2067 | (1) | 1218985 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.574%, $1,398,568 par, due 1/20/2067 | (1) | 1384591 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II Pool | 4.469%, $365,325 par, due 3/20/2065 | (1) | 362253 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae II pool | 5.310%, $55,379 par, due 6/20/2058 | (1) | 55755 |
| &nbsp;&nbsp;&nbsp;GM Financial Revolving Receivables Trust 2021-1 | 1.170%, $3,830,000 par, due 6/12/2034 | (1) | 3614137 |
| &nbsp;&nbsp;&nbsp;GM Financial Revolving Receivables Trust 2022-1 | 5.910%, $1,525,000 par, due 10/11/2035 | (1) | 1572699 |
| &nbsp;&nbsp;&nbsp;GM Financial Revolving Receivables Trust 2023-2 | 5.770%, $3,125,000 par, due 8/11/2036 | (1) | 3237931 |
| &nbsp;&nbsp;&nbsp;GM Financial Revolving Receivables Trust 2024-1 | 4.980%, $1,595,000 par, due 12/11/2036 | (1) | 1608372 |
| &nbsp;&nbsp;&nbsp;GM Financial Revolving Receivables Trust 2024-2 | 4.520%, $3,010,000 par, due 3/11/2037 | (1) | 2974175 |
| &nbsp;&nbsp;&nbsp;GMF Floorplan Owner Revolving Trust | 5.340%, $3,340,000 par, due 6/15/2028 | (1) | 3377528 |
| &nbsp;&nbsp;&nbsp;GNMA | 5.667%, $810,565 par, due 12/20/2066 | (1) | 811382 |
| &nbsp;&nbsp;&nbsp;GNMA | 5.767%, $1,488,582 par, due 12/20/2066 | (1) | 1491784 |
| &nbsp;&nbsp;&nbsp;GNMA | 5.417%, $375,662 par, due 10/20/2065 | (1) | 374789 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc | 5.049%, $590,000 par, due 7/23/2030 | (1) | 586992 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 1.542%, $2,410,000 par, due 9/10/2027 | (1) | $2279065 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 5.727%, $640,000 par, due 4/25/2030 | (1) | 653121 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 1.948%, $3,170,000 par, due 10/21/2027 | (1) | 3007528 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group Inc/The | 3.615%, $1,030,000 par, due 3/15/2028 | (1) | 1001792 |
| &nbsp;&nbsp;&nbsp;Government National Mortgage Association | 5.487%, $3,174,248 par, due 1/20/2069 | (1) | 3186980 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS6 | 3.164%, $2,129,521 par, due 5/10/2050 | (1) | 2041987 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS8 | 3.205%, $4,510,000 par, due 11/10/2050 | (1) | 4321085 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust 2018-GS10 | 4.155%, $2,366,207 par, due 7/10/2051 | (1) | 2262113 |
| &nbsp;&nbsp;&nbsp;Gulfstream Natural Gas System LLC | 6.190%, $1,510,000 par, due 11/1/2025 | (1) | 1523880 |
| &nbsp;&nbsp;&nbsp;Halliburton Co | 2.920%, $1,730,000 par, due 3/1/2030 | (1) | 1557946 |
| &nbsp;&nbsp;&nbsp;Health Care Service Corp A Mutual Legal Reserve Co | 5.200%, $1,860,000 par, due 6/15/2029 | (1) | 1869134 |
| &nbsp;&nbsp;&nbsp;Healthpeak OP LLC | 3.500%, $580,000 par, due 7/15/2029 | (1) | 542981 |
| &nbsp;&nbsp;&nbsp;Healthpeak OP LLC | 2.875%, $1,470,000 par, due 1/15/2031 | (1) | 1294244 |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co | 4.550%, $1,750,000 par, due 10/15/2029 | (1) | 1706593 |
| &nbsp;&nbsp;&nbsp;Hexcel Corp | 4.200%, $1,230,000 par, due 2/15/2027 | (1) | 1201908 |
| &nbsp;&nbsp;&nbsp;HP Inc | 4.000%, $1,130,000 par, due 4/15/2029 | (1) | 1083173 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 2.871%, $1,490,000 par, due 11/22/2032 | (1) | 1257094 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 6.161%, $840,000 par, due 3/9/2029 | (1) | 862751 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 2.013%, $2,200,000 par, due 9/22/2028 | (1) | 2028732 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 4.583%, $400,000 par, due 6/19/2029 | (1) | 391850 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 4.755%, $540,000 par, due 6/9/2028 | (1) | 536269 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 4.292%, $730,000 par, due 9/12/2026 | (1) | 726660 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 4.041%, $2,187,000 par, due 3/13/2028 | (1) | 2140719 |
| &nbsp;&nbsp;&nbsp;Huntington Bancshares Inc/OH | 4.443%, $730,000 par, due 8/4/2028 | (1) | 722505 |
| &nbsp;&nbsp;&nbsp;Huntington National Bank/The | 5.650%, $600,000 par, due 1/10/2030 | (1) | 610735 |
| &nbsp;&nbsp;&nbsp;Huntington National Bank/The | 4.552%, $960,000 par, due 5/17/2028 | (1) | 952341 |
| &nbsp;&nbsp;&nbsp;Idaho Power Co | 5.200%, $640,000 par, due 8/15/2034 | (1) | 635942 |
| &nbsp;&nbsp;&nbsp;Indiana Housing & Community Development Authority | 5.750%, $2,280,000 par, due 7/1/2054 | (1) | 2298445 |
| &nbsp;&nbsp;&nbsp;Indianapolis Power & Light Co | 5.650%, $1,100,000 par, due 12/1/2032 | (1) | 1110341 |
| &nbsp;&nbsp;&nbsp;Ingredion Inc | 3.200%, $600,000 par, due 10/1/2026 | (1) | 583302 |
| &nbsp;&nbsp;&nbsp;Ingredion Inc | 2.900%, $740,000 par, due 6/1/2030 | (1) | 664937 |
| &nbsp;&nbsp;&nbsp;International Business Machines Corp | 4.150%, $690,000 par, due 7/27/2027 | (1) | 682008 |
| &nbsp;&nbsp;&nbsp;Interstate Power and Light Co | 4.100%, $1,200,000 par, due 9/26/2028 | (1) | 1165136 |
| &nbsp;&nbsp;&nbsp;John Deere Owner Trust 2023-B | 5.180%, $1,115,000 par, due 3/15/2028 | (1) | 1124189 |
| &nbsp;&nbsp;&nbsp;John Deere Owner Trust 2024 | 4.960%, $1,215,000 par, due 11/15/2028 | (1) | 1224283 |
| &nbsp;&nbsp;&nbsp;Johns Hopkins Health System Corp/The | 2.420%, $1,935,000 par, due 1/1/2030 | (1) | 1714576 |
| &nbsp;&nbsp;&nbsp;Johnson Controls / Tyco Fire Security Finance | 5.500%, $760,000 par, due 4/19/2029 | (1) | 773849 |
| &nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Sec Trust 2014-C24 | 3.639%, $293,262 par, due 11/15/2047 | (1) | 292439 |
| &nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Sec Trust 2014-C26 | 3.494%, $59,454 par, due 1/15/2048 | (1) | 59331 |
| &nbsp;&nbsp;&nbsp;JPMCC Commercial Mortgage Sec Trust 2017-JP5 | 3.723%, $1,185,000 par, due 3/15/2050 | (1) | 1149249 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C4 | 3.141%, $1,765,000 par, due 12/15/2049 | (1) | 1685030 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2017-C7 | 3.409%, $1,875,000 par, due 10/15/2050 | (1) | 1777298 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 4.203%, $810,000 par, due 7/23/2029 | (1) | 788461 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 1.470%, $2,970,000 par, due 9/22/2027 | (1) | 2809780 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 2.947%, $1,970,000 par, due 2/24/2028 | (1) | 1895327 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 5.299%, $640,000 par, due 7/24/2029 | (1) | 646458 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 4.452%, $1,370,000 par, due 12/5/2029 | (1) | 1342290 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 4.565%, $410,000 par, due 6/14/2030 | (1) | 402003 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 2.182%, $2,500,000 par, due 6/1/2028 | (1) | 2348360 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co | 2.069%, $660,000 par, due 6/1/2029 | (1) | 599894 |
| &nbsp;&nbsp;&nbsp;Kellanova | 3.400%, $690,000 par, due 11/15/2027 | (1) | 665889 |
| &nbsp;&nbsp;&nbsp;Kentucky Higher Education Student Loan Corp | 6.479%, $4,102,085 par, due 11/25/2050 | (1) | 4082231 |
| &nbsp;&nbsp;&nbsp;KeyBank NA/Cleveland OH | 3.400%, $1,320,000 par, due 5/20/2026 | (1) | 1289942 |
| &nbsp;&nbsp;&nbsp;KeyBank NA/Cleveland OH | 5.000%, $690,000 par, due 1/26/2033 | (1) | 661947 |
| &nbsp;&nbsp;&nbsp;KeyCorp | 4.789%, $700,000 par, due 6/1/2033 | (1) | 662094 |
| &nbsp;&nbsp;&nbsp;KeyCorp | 2.250%, $840,000 par, due 4/6/2027 | (1) | 792472 |
| &nbsp;&nbsp;&nbsp;Kimco Realty OP LLC | 2.250%, $2,140,000 par, due 12/1/2031 | (1) | 1776801 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan Inc | 1.750%, $1,610,000 par, due 11/15/2026 | (1) | 1526436 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan Inc | 5.000%, $1,310,000 par, due 2/1/2029 | (1) | 1305837 |
| &nbsp;&nbsp;&nbsp;King County Public Hospital District No 2 | 2.601%, $2,045,000 par, due 12/1/2034 | (1) | 1635734 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies Inc | 5.050%, $810,000 par, due 6/1/2029 | (1) | 809728 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies Inc | 4.400%, $450,000 par, due 6/15/2028 | (1) | 442030 |
| &nbsp;&nbsp;&nbsp;Lake Central Multi-District School Building Corp | 1.651%, $1,695,000 par, due 7/15/2028 | (1) | 1531856 |
| &nbsp;&nbsp;&nbsp;Leland Stanford Junior University/The | 1.289%, $975,000 par, due 6/1/2027 | (1) | 898193 |
| &nbsp;&nbsp;&nbsp;Leland Stanford Junior University/The | 3.089%, $2,000,000 par, due 5/1/2029 | (1) | 1890402 |
| &nbsp;&nbsp;&nbsp;Lennox International Inc | 1.350%, $1,190,000 par, due 8/1/2025 | (1) | 1164668 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Lennox International Inc | 1.700%, $490,000 par, due 8/1/2027 | (1) | $451795 |
| &nbsp;&nbsp;&nbsp;Life 2021-BMR Mortgage Trust | 5.212%, $1,705,239 par, due 3/15/2038 | (1) | 1683923 |
| &nbsp;&nbsp;&nbsp;Life 2022-BMR Mortgage Trust | 5.692%, $2,395,000 par, due 5/15/2039 | (1) | 2341113 |
| &nbsp;&nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | 4.145%, $2,980,000 par, due 2/1/2031 | (1) | 2894027 |
| &nbsp;&nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | 4.475%, $1,000,000 par, due 8/1/2039 | (1) | 931310 |
| &nbsp;&nbsp;&nbsp;Lowe's Cos Inc | 3.750%, $610,000 par, due 4/1/2032 | (1) | 558823 |
| &nbsp;&nbsp;&nbsp;M&T Bank Corp | 4.553%, $630,000 par, due 8/16/2028 | (1) | 623237 |
| &nbsp;&nbsp;&nbsp;Manufacturers & Traders Trust Co | 4.700%, $2,430,000 par, due 1/27/2028 | (1) | 2405989 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp | 4.700%, $1,470,000 par, due 5/1/2025 | (1) | 1468355 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp | 3.800%, $1,300,000 par, due 4/1/2028 | (1) | 1254387 |
| &nbsp;&nbsp;&nbsp;Martin Marietta Materials Inc | 2.500%, $670,000 par, due 3/15/2030 | (1) | 592685 |
| &nbsp;&nbsp;&nbsp;Masco Corp | 2.000%, $1,790,000 par, due 10/1/2030 | (1) | 1509366 |
| &nbsp;&nbsp;&nbsp;Massachusetts School Building Authority | 1.753%, $1,000,000 par, due 8/15/2030 | (1) | 875650 |
| &nbsp;&nbsp;&nbsp;Massachusetts Water Resources Authority | 2.390%, $2,005,000 par, due 8/1/2033 | (1) | 1643539 |
| &nbsp;&nbsp;&nbsp;MassMutual Global Funding II | 4.350%, $270,000 par, due 9/17/2031 | (1) | 259287 |
| &nbsp;&nbsp;&nbsp;MassMutual Global Funding II | 4.850%, $1,130,000 par, due 1/17/2029 | (1) | 1130625 |
| &nbsp;&nbsp;&nbsp;McDonald's Corp | 3.600%, $365,000 par, due 7/1/2030 | (1) | 342462 |
| &nbsp;&nbsp;&nbsp;MD Comm Dev Admin Housing Rev | 3.500%, $65,000 par, due 9/1/2047 | (1) | 64855 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Finance North America LLC | 4.850%, $910,000 par, due 1/11/2029 | (1) | 903081 |
| &nbsp;&nbsp;&nbsp;Mercedes-Benz Finance North America LLC | 5.100%, $1,090,000 par, due 8/3/2028 | (1) | 1090773 |
| &nbsp;&nbsp;&nbsp;Met Tower Global Funding | 5.250%, $890,000 par, due 4/12/2029 | (1) | 901506 |
| &nbsp;&nbsp;&nbsp;METLIFE SECURITIZATION TRUST 2019-1 | 3.750%, $343,218 par, due 4/25/2058 | (1) | 336827 |
| &nbsp;&nbsp;&nbsp;Metropolitan Life Global Funding I | 2.950%, $1,400,000 par, due 4/9/2030 | (1) | 1265579 |
| &nbsp;&nbsp;&nbsp;Microchip Technology Inc | 5.050%, $1,220,000 par, due 3/15/2029 | (1) | 1217772 |
| &nbsp;&nbsp;&nbsp;Microchip Technology Inc | 5.050%, $910,000 par, due 2/15/2030 | (1) | 902933 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartments LP | 1.700%, $550,000 par, due 2/15/2031 | (1) | 453149 |
| &nbsp;&nbsp;&nbsp;Minnesota Housing Finance Agency | 6.000%, $1,905,000 par, due 7/1/2053 | (1) | 1939252 |
| &nbsp;&nbsp;&nbsp;Minnesota Housing Finance Agency | 6.000%, $1,255,000 par, due 1/1/2054 | (1) | 1277690 |
| &nbsp;&nbsp;&nbsp;Missouri Higher Education Loan Authority | 5.023%, $746,587 par, due 8/25/2061 | (1) | 722450 |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | 2.341%, $1,370,000 par, due 1/19/2028 | (1) | 1303334 |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | 1.538%, $1,180,000 par, due 7/20/2027 | (1) | 1122230 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2020-A | 1.400%, $815,000 par, due 8/9/2030 | (1) | 758733 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2022-A | 3.320%, $2,305,000 par, due 6/13/2044 | (1) | 2258868 |
| &nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC 2023-A | 5.540%, $2,545,000 par, due 12/13/2029 | (1) | 2586585 |
| &nbsp;&nbsp;&nbsp;Mondelez International Holdings Netherlands BV | 1.250%, $1,100,000 par, due 9/24/2026 | (1) | 1035843 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 1.512%, $1,080,000 par, due 7/20/2027 | (1) | 1026553 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 2.475%, $1,730,000 par, due 1/21/2028 | (1) | 1648479 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 4.431%, $610,000 par, due 1/23/2030 | (1) | 593866 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 5.449%, $370,000 par, due 7/20/2029 | (1) | 374101 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 5.173%, $1,150,000 par, due 1/16/2030 | (1) | 1151893 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 5.042%, $580,000 par, due 7/19/2030 | (1) | 577933 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 1.593%, $710,000 par, due 5/4/2027 | (1) | 680600 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 4.210%, $1,550,000 par, due 4/20/2028 | (1) | 1527558 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | 5.164%, $1,910,000 par, due 4/20/2029 | (1) | 1915218 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley BAML Trust 2017-C33 | 3.337%, $2,550,000 par, due 5/15/2050 | (1) | 2470106 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley BAML Trust 2017-C34 | 3.536%, $800,000 par, due 11/15/2052 | (1) | 765776 |
| &nbsp;&nbsp;&nbsp;Motorola Solutions Inc | 5.000%, $320,000 par, due 4/15/2029 | (1) | 319476 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 4.125%, $900,000 par, due 3/1/2027 | (1) | 886697 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 1.750%, $810,000 par, due 3/1/2026 | (1) | 782001 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 4.950%, $440,000 par, due 9/1/2032 | (1) | 424445 |
| &nbsp;&nbsp;&nbsp;MPLX LP | 4.000%, $490,000 par, due 3/15/2028 | (1) | 475333 |
| &nbsp;&nbsp;&nbsp;MS State Higher Ed Asst Co | 5.363%, $330,300 par, due 10/25/2035 | (1) | 327156 |
| &nbsp;&nbsp;&nbsp;Mutual of Omaha Cos Global Funding | 5.450%, $1,290,000 par, due 12/12/2028 | (1) | 1303615 |
| &nbsp;&nbsp;&nbsp;Mutual of Omaha Cos Global Funding | 4.750%, $490,000 par, due 10/15/2029 | (1) | 482416 |
| &nbsp;&nbsp;&nbsp;Nature Conservancy/The | 3.016%, $1,500,000 par, due 3/1/2030 | (1) | 1347611 |
| &nbsp;&nbsp;&nbsp;Navient Student Loan Trust 2021-1 | 5.283%, $1,925,406 par, due 12/26/2069 | (1) | 1911293 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-A | 1.360%, $1,759,849 par, due 4/20/2062 | (1) | 1628022 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-C | 1.320%, $502,230 par, due 4/20/2062 | (1) | 461425 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust 2021-D | 1.630%, $2,611,388 par, due 4/20/2062 | (1) | 2426152 |
| &nbsp;&nbsp;&nbsp;Nevada Housing Division | 5.750%, $1,985,000 par, due 10/1/2053 | (1) | 1999967 |
| &nbsp;&nbsp;&nbsp;New York Hospital for Special Surgery | 3.737%, $285,000 par, due 4/1/2028 | (1) | 274534 |
| &nbsp;&nbsp;&nbsp;New York Life Global Funding | 4.900%, $1,610,000 par, due 6/13/2028 | (1) | 1617263 |
| &nbsp;&nbsp;&nbsp;New York State Electric & Gas Corp | 5.650%, $1,600,000 par, due 8/15/2028 | (1) | 1636954 |
| &nbsp;&nbsp;&nbsp;Newmont Corp / Newcrest Finance Pty Ltd | 5.350%, $500,000 par, due 3/15/2034 | (1) | 497813 |
| &nbsp;&nbsp;&nbsp;NNN REIT Inc | 4.300%, $1,350,000 par, due 10/15/2028 | (1) | 1318062 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp | 2.550%, $1,470,000 par, due 11/1/2029 | (1) | 1326546 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp | 3.650%, $460,000 par, due 8/1/2025 | (1) | $457031 |
| &nbsp;&nbsp;&nbsp;North Carolina Housing Finance Agency | 2.870%, $100,000 par, due 7/1/2032 | (1) | 99031 |
| &nbsp;&nbsp;&nbsp;North Dakota Public Finance Authority | 2.580%, $2,630,000 par, due 12/1/2034 | (1) | 2144186 |
| &nbsp;&nbsp;&nbsp;North Dakota Public Finance Authority | 4.050%, $750,000 par, due 12/1/2030 | (1) | 727268 |
| &nbsp;&nbsp;&nbsp;North Texas Higher Education Authority Inc | 5.023%, $1,977,865 par, due 10/25/2061 | (1) | 1946575 |
| &nbsp;&nbsp;&nbsp;North Texas Higher Education Authority Inc | 5.023%, $1,589,800 par, due 9/25/2061 | (1) | 1577169 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp | 4.400%, $1,430,000 par, due 5/1/2030 | (1) | 1392510 |
| &nbsp;&nbsp;&nbsp;Northwestern Mutual Global Funding | 3.300%, $970,000 par, due 4/4/2029 | (1) | 905283 |
| &nbsp;&nbsp;&nbsp;NTT Finance Corp | 5.110%, $1,330,000 par, due 7/2/2029 | (1) | 1339950 |
| &nbsp;&nbsp;&nbsp;Nutrien Ltd | 2.950%, $540,000 par, due 5/13/2030 | (1) | 485858 |
| &nbsp;&nbsp;&nbsp;Nutrien Ltd | 4.900%, $720,000 par, due 3/27/2028 | (1) | 719731 |
| &nbsp;&nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | 2.650%, $1,800,000 par, due 2/15/2032 | (1) | 1515461 |
| &nbsp;&nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | 5.000%, $400,000 par, due 1/15/2033 | (1) | 389327 |
| &nbsp;&nbsp;&nbsp;OhioHealth Corp | 2.297%, $2,100,000 par, due 11/15/2031 | (1) | 1760401 |
| &nbsp;&nbsp;&nbsp;Oklahoma Development Finance Authority | 4.285%, $297,476 par, due 2/1/2032 | (1) | 289399 |
| &nbsp;&nbsp;&nbsp;Oklahoma Development Finance Authority | 3.877%, $2,257,226 par, due 5/1/2032 | (1) | 2156306 |
| &nbsp;&nbsp;&nbsp;Oklahoma Development Finance Authority | 4.135%, $934,725 par, due 12/1/2033 | (1) | 904636 |
| &nbsp;&nbsp;&nbsp;Oncor Electric Delivery Co LLC | 2.750%, $1,930,000 par, due 5/15/2030 | (1) | 1732484 |
| &nbsp;&nbsp;&nbsp;Oncor Electric Delivery Co LLC | 4.550%, $1,250,000 par, due 9/15/2032 | (1) | 1201395 |
| &nbsp;&nbsp;&nbsp;Oncor Electric Delivery Co LLC | 4.650%, $1,150,000 par, due 11/1/2029 | (1) | 1138855 |
| &nbsp;&nbsp;&nbsp;ONE Gas Inc | 5.100%, $480,000 par, due 4/1/2029 | (1) | 483374 |
| &nbsp;&nbsp;&nbsp;ONEOK Inc | 4.400%, $310,000 par, due 10/15/2029 | (1) | 300648 |
| &nbsp;&nbsp;&nbsp;ONEOK Inc | 5.000%, $1,005,000 par, due 3/1/2026 | (1) | 1006619 |
| &nbsp;&nbsp;&nbsp;ONEOK Inc | 3.250%, $1,108,000 par, due 6/1/2030 | (1) | 1005491 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 6.150%, $300,000 par, due 11/9/2029 | (1) | 314642 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 4.200%, $950,000 par, due 9/27/2029 | (1) | 917614 |
| &nbsp;&nbsp;&nbsp;Oracle Corp | 2.950%, $2,465,000 par, due 4/1/2030 | (1) | 2226511 |
| &nbsp;&nbsp;&nbsp;Orlando Health Obligated Group | 3.777%, $1,000,000 par, due 10/1/2028 | (1) | 957837 |
| &nbsp;&nbsp;&nbsp;Orlando Health Obligated Group | 2.291%, $1,250,000 par, due 10/1/2028 | (1) | 1142723 |
| &nbsp;&nbsp;&nbsp;Pacific Life Global Funding II | 4.900%, $870,000 par, due 1/11/2029 | (1) | 870728 |
| &nbsp;&nbsp;&nbsp;Packaging Corp of America | 3.400%, $830,000 par, due 12/15/2027 | (1) | 799520 |
| &nbsp;&nbsp;&nbsp;Petroleos Mexicanos | 2.378%, $100,000 par, due 4/15/2025 | (1) | 98458 |
| &nbsp;&nbsp;&nbsp;PFS Financing Corp | 5.520%, $1,400,000 par, due 10/15/2028 | (1) | 1419933 |
| &nbsp;&nbsp;&nbsp;PHEAA Student Loan Trust 2016-2 | 5.633%, $647,007 par, due 11/25/2065 | (1) | 645468 |
| &nbsp;&nbsp;&nbsp;Phillips 66 Co | 5.250%, $1,120,000 par, due 6/15/2031 | (1) | 1123412 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co | 1.900%, $650,000 par, due 8/15/2030 | (1) | 553748 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co | 2.150%, $880,000 par, due 1/15/2031 | (1) | 747077 |
| &nbsp;&nbsp;&nbsp;PNC Bank NA | 2.700%, $1,200,000 par, due 10/22/2029 | (1) | 1076567 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group Inc/The | 5.068%, $310,000 par, due 1/24/2034 | (1) | 302241 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group Inc/The | 5.354%, $1,190,000 par, due 12/2/2028 | (1) | 1206837 |
| &nbsp;&nbsp;&nbsp;PPG Industries Inc | 2.550%, $1,330,000 par, due 6/15/2030 | (1) | 1173427 |
| &nbsp;&nbsp;&nbsp;PPL Electric Utilities Corp | 5.000%, $2,190,000 par, due 5/15/2033 | (1) | 2163536 |
| &nbsp;&nbsp;&nbsp;Principal Life Global Funding II | 5.100%, $1,260,000 par, due 1/25/2029 | (1) | 1262752 |
| &nbsp;&nbsp;&nbsp;Prologis LP | 4.000%, $154,000 par, due 9/15/2028 | (1) | 150051 |
| &nbsp;&nbsp;&nbsp;Protective Life Global Funding | 5.467%, $650,000 par, due 12/8/2028 | (1) | 660654 |
| &nbsp;&nbsp;&nbsp;Protective Life Global Funding | 4.335%, $1,400,000 par, due 9/13/2027 | (1) | 1386752 |
| &nbsp;&nbsp;&nbsp;Providence St Joseph Health Obligated Group | 2.746%, $750,000 par, due 10/1/2026 | (1) | 723463 |
| &nbsp;&nbsp;&nbsp;PSNH Funding LLC 3 | 3.506%, $638,061 par, due 8/1/2028 | (1) | 631972 |
| &nbsp;&nbsp;&nbsp;Public Service Co of New Hampshire | 2.200%, $830,000 par, due 6/15/2031 | (1) | 698232 |
| &nbsp;&nbsp;&nbsp;Public Service Co of New Hampshire | 5.350%, $400,000 par, due 10/1/2033 | (1) | 404124 |
| &nbsp;&nbsp;&nbsp;Public Service Electric and Gas Co | 1.900%, $2,360,000 par, due 8/15/2031 | (1) | 1944413 |
| &nbsp;&nbsp;&nbsp;Public Service Electric and Gas Co | 3.650%, $795,000 par, due 9/1/2028 | (1) | 764641 |
| &nbsp;&nbsp;&nbsp;Puget Sound Energy Inc | 5.330%, $980,000 par, due 6/15/2034 | (1) | 974190 |
| &nbsp;&nbsp;&nbsp;Realty Income Corp | 4.850%, $1,820,000 par, due 3/15/2030 | (1) | 1808330 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp | 1.800%, $1,570,000 par, due 8/12/2028 | (1) | 1398327 |
| &nbsp;&nbsp;&nbsp;Revvity Inc | 1.900%, $1,420,000 par, due 9/15/2028 | (1) | 1271039 |
| &nbsp;&nbsp;&nbsp;Rexford Industrial Realty LP | 5.000%, $1,130,000 par, due 6/15/2028 | (1) | 1125691 |
| &nbsp;&nbsp;&nbsp;RI State Std Ln Authority | 6.076%, $699,268 par, due 9/1/2036 | (1) | 698142 |
| &nbsp;&nbsp;&nbsp;Rochester Gas and Electric Corp | 3.100%, $2,070,000 par, due 6/1/2027 | (1) | 1979963 |
| &nbsp;&nbsp;&nbsp;ROCK Trust 2024-CNTR | 5.388%, $1,475,000 par, due 11/13/2041 | (1) | 1470711 |
| &nbsp;&nbsp;&nbsp;Rogers Communications Inc | 3.625%, $775,000 par, due 12/15/2025 | (1) | 766111 |
| &nbsp;&nbsp;&nbsp;Rogers Communications Inc | 3.800%, $1,490,000 par, due 3/15/2032 | (1) | 1339804 |
| &nbsp;&nbsp;&nbsp;Rolls-Royce PLC | 3.625%, $780,000 par, due 10/14/2025 | (1) | 764536 |
| &nbsp;&nbsp;&nbsp;Roper Technologies Inc | 4.500%, $560,000 par, due 10/15/2029 | (1) | 549786 |
| &nbsp;&nbsp;&nbsp;RTX Corp | 4.125%, $1,300,000 par, due 11/16/2028 | (1) | 1265198 |
| &nbsp;&nbsp;&nbsp;RTX Corp | 2.250%, $970,000 par, due 7/1/2030 | (1) | 843700 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Sabine Pass Liquefaction LLC | 4.500%, $1,890,000 par, due 5/15/2030 | (1) | $1830766 |
| &nbsp;&nbsp;&nbsp;San Diego Community College District | 2.383%, $1,000,000 par, due 8/1/2033 | (1) | 826660 |
| &nbsp;&nbsp;&nbsp;San Diego Gas & Electric Co | 4.950%, $880,000 par, due 8/15/2028 | (1) | 883773 |
| &nbsp;&nbsp;&nbsp;San Jose Evergreen Community College District | 2.440%, $1,100,000 par, due 8/1/2029 | (1) | 1004795 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.517%, $367,916 par, due 3/10/2025 | (1) | 366084 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.829%, $369,596 par, due 9/10/2025 | (1) | 364616 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.845%, $1,347,183 par, due 3/10/2027 | (1) | 1303171 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 5.168%, $8,877,824 par, due 3/10/2033 | (1) | 8945411 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.518%, $1,425,286 par, due 9/10/2027 | (1) | 1360931 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 3.548%, $1,539,135 par, due 9/10/2028 | (1) | 1485159 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 3.113%, $1,493,592 par, due 3/10/2029 | (1) | 1423802 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.283%, $2,288,529 par, due 9/10/2029 | (1) | 2127109 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.078%, $3,500,823 par, due 3/10/2030 | (1) | 3162903 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.938%, $16,325,340 par, due 3/10/2032 | (1) | 15067016 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 2.507%, $265,467 par, due 3/10/2026 | (1) | 259217 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 1.667%, $2,497,700 par, due 3/10/2031 | (1) | 2176703 |
| &nbsp;&nbsp;&nbsp;SBA Small Business Investment Cos | 1.304%, $4,752,330 par, due 9/10/2031 | (1) | 4075228 |
| &nbsp;&nbsp;&nbsp;SC State Std Ln Corp | 5.183%, $79,627 par, due 1/25/2041 | (1) | 79185 |
| &nbsp;&nbsp;&nbsp;SC State Std Ln Corp | 6.663%, $204,117 par, due 10/27/2036 | (1) | 203223 |
| &nbsp;&nbsp;&nbsp;Sealed Air Corp | 1.573%, $750,000 par, due 10/15/2026 | (1) | 705416 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2018-3 | 3.500%, $1,999,484 par, due 8/25/2057 | (1) | 1906570 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2019-1 | 4.000%, $1,045,999 par, due 7/25/2058 | (1) | 959972 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2019-2 | 4.000%, $1,289,694 par, due 8/25/2058 | (1) | 1184176 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-2 | 2.000%, $3,677,810 par, due 11/25/2059 | (1) | 2866868 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-3 | 2.500%, $3,508,624 par, due 5/25/2060 | (1) | 2839936 |
| &nbsp;&nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2023-1 | 5.470%, $2,205,000 par, due 10/20/2028 | (1) | 2224684 |
| &nbsp;&nbsp;&nbsp;Sherwin-Williams Co/The | 2.300%, $700,000 par, due 5/15/2030 | (1) | 611343 |
| &nbsp;&nbsp;&nbsp;Sherwin-Williams Co/The | 3.300%, $911,000 par, due 2/1/2025 | (1) | 909441 |
| &nbsp;&nbsp;&nbsp;SLM Student Loan Trust 2003-10 | 5.740%, $2,078,134 par, due 12/17/2068 | (1) | 2074890 |
| &nbsp;&nbsp;&nbsp;SMALL BUSINESS ADMINISTRATION | 2.130%, $245,825 par, due 1/1/2033 | (1) | 224895 |
| &nbsp;&nbsp;&nbsp;Smurfit Kappa Treasury ULC | 5.200%, $790,000 par, due 1/15/2030 | (1) | 792698 |
| &nbsp;&nbsp;&nbsp;Solano County Community College District | 1.641%, $2,370,000 par, due 8/1/2029 | (1) | 2090103 |
| &nbsp;&nbsp;&nbsp;South32 Treasury Ltd | 4.350%, $2,980,000 par, due 4/14/2032 | (1) | 2730526 |
| &nbsp;&nbsp;&nbsp;Spire Missouri Inc | 5.150%, $150,000 par, due 8/15/2034 | (1) | 148873 |
| &nbsp;&nbsp;&nbsp;Stanford Health Care | 3.310%, $1,351,000 par, due 8/15/2030 | (1) | 1243579 |
| &nbsp;&nbsp;&nbsp;State of California | 5.750%, $1,750,000 par, due 10/1/2031 | (1) | 1835278 |
| &nbsp;&nbsp;&nbsp;State of Hawaii | 1.710%, $2,475,000 par, due 8/1/2028 | (1) | 2249231 |
| &nbsp;&nbsp;&nbsp;State of Texas | 4.631%, $1,250,000 par, due 4/1/2033 | (1) | 1225225 |
| &nbsp;&nbsp;&nbsp;State of Utah | 3.539%, $474,328 par, due 7/1/2025 | (1) | 472606 |
| &nbsp;&nbsp;&nbsp;State of Wisconsin | 2.544%, $1,425,000 par, due 5/1/2031 | (1) | 1258603 |
| &nbsp;&nbsp;&nbsp;State Street Corp | 4.421%, $560,000 par, due 5/13/2033 | (1) | 533441 |
| &nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | 5.716%, $900,000 par, due 9/14/2028 | (1) | 921735 |
| &nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | 1.902%, $2,780,000 par, due 9/17/2028 | (1) | 2490533 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software Inc | 3.700%, $590,000 par, due 4/14/2027 | (1) | 575668 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software Inc | 5.400%, $650,000 par, due 6/12/2029 | (1) | 658832 |
| &nbsp;&nbsp;&nbsp;Texas Electric Market Stabilization Funding N LLC | 4.265%, $2,904,327 par, due 8/1/2034 | (1) | 2808838 |
| &nbsp;&nbsp;&nbsp;Texas Natural Gas Securitization Finance Corp | 5.102%, $3,939,349 par, due 4/1/2035 | (1) | 3947622 |
| &nbsp;&nbsp;&nbsp;Texas Transportation Commission State Highway Fund | 5.178%, $1,200,000 par, due 4/1/2030 | (1) | 1211304 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA Inc | 4.800%, $1,050,000 par, due 7/15/2028 | (1) | 1044174 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA Inc | 3.375%, $1,430,000 par, due 4/15/2029 | (1) | 1334703 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA Inc | 2.400%, $1,110,000 par, due 3/15/2029 | (1) | 999724 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank/The | 4.693%, $730,000 par, due 9/15/2027 | (1) | 728375 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank/The | 5.523%, $670,000 par, due 7/17/2028 | (1) | 680910 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank/The | 4.994%, $930,000 par, due 4/5/2029 | (1) | 928066 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2017-5 | 5.053%, $7,756 par, due 2/25/2057 | (1) | 8097 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2017-6 | 2.750%, $29,487 par, due 10/25/2057 | (1) | 28793 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2019-4 | 2.900%, $2,354,182 par, due 10/25/2059 | (1) | 2239469 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2019-HY1 | 5.453%, $382,772 par, due 10/25/2048 | (1) | 386948 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2019-HY2 | 5.453%, $373,328 par, due 5/25/2058 | (1) | 381819 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust 2022-4 | 3.750%, $2,447,438 par, due 9/25/2062 | (1) | 2298059 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2022-1 | 3.820%, $4,710,000 par, due 4/25/2035 | (1) | 4627942 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2023-1 | 4.930%, $4,060,000 par, due 6/25/2036 | (1) | 4094335 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2024-1 | 5.160%, $4,560,000 par, due 11/25/2036 | (1) | 4630192 |
| &nbsp;&nbsp;&nbsp;Toyota Motor Credit Corp | 5.100%, $440,000 par, due 3/21/2031 | (1) | 441354 |
| &nbsp;&nbsp;&nbsp;Toyota Motor Credit Corp | 4.550%, $180,000 par, due 8/9/2029 | (1) | 177870 |
| &nbsp;&nbsp;&nbsp;Trane Technologies Financing Ltd | 3.500%, $1,310,000 par, due 3/21/2026 | (1) | 1291749 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | |
|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
|  | **Description of investment, including** |  |  |
|  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
| &nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line Co LLC | 3.250%, $1,205,000 par, due 5/15/2030 | (1) | $1098074 |
| &nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line Co LLC | 4.000%, $720,000 par, due 3/15/2028 | (1) | 699548 |
| &nbsp;&nbsp;&nbsp;Trinity Health | 3.084%, $2,235,000 par, due 12/1/2034 | (1) | 1930884 |
| &nbsp;&nbsp;&nbsp;Truist Financial Corp | 4.260%, $1,025,000 par, due 7/28/2026 | (1) | 1020968 |
| &nbsp;&nbsp;&nbsp;Truist Financial Corp | 4.873%, $1,160,000 par, due 1/26/2029 | (1) | 1154184 |
| &nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust 2017-C3 | 3.167%, $1,455,000 par, due 8/15/2050 | (1) | 1412322 |
| &nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust 2018-C10 | 4.313%, $2,550,000 par, due 5/15/2051 | (1) | 2472217 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 4.751%, $410,000 par, due 5/12/2028 | (1) | 407399 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 1.494%, $1,500,000 par, due 8/10/2027 | (1) | 1419165 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 1.364%, $2,000,000 par, due 1/30/2027 | (1) | 1923322 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 2.746%, $510,000 par, due 2/11/2033 | (1) | 425874 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 4.703%, $1,230,000 par, due 8/5/2027 | (1) | 1224511 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 1.305%, $410,000 par, due 2/2/2027 | (1) | 393980 |
| &nbsp;&nbsp;&nbsp;UBS Group AG | 3.869%, $340,000 par, due 1/12/2029 | (1) | 327317 |
| &nbsp;&nbsp;&nbsp;UDR Inc | 3.500%, $1,380,000 par, due 1/15/2028 | (1) | 1320485 |
| &nbsp;&nbsp;&nbsp;Union Electric Co | 2.950%, $2,760,000 par, due 3/15/2030 | (1) | 2512538 |
| &nbsp;&nbsp;&nbsp;United States Int Dev Finance Corp | 3.600%, $3,423,913 par, due 3/15/2035 | (1) | 3217817 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 3.370%, $715,455 par, due 10/1/2033 | (1) | 673577 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.840%, $1,454,457 par, due 4/1/2037 | (1) | 1322663 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.850%, $1,262,980 par, due 10/1/2037 | (1) | 1143804 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.630%, $104,232 par, due 10/1/2028 | (1) | 104196 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.040%, $3,134,862 par, due 10/1/2047 | (1) | 3067848 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 4.480%, $2,676,855 par, due 4/1/2048 | (1) | 2564941 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.380%, $3,072,633 par, due 4/1/2049 | (1) | 3065391 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 3.800%, $7,162,690 par, due 8/1/2047 | (1) | 6562543 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 3.230%, $359,476 par, due 2/1/2034 | (1) | 338419 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.540%, $15,258 par, due 9/1/2026 | (1) | 15271 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.600%, $99,063 par, due 9/1/2028 | (1) | 99760 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 3.210%, $328,736 par, due 3/1/2034 | (1) | 307704 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.510%, $57,291 par, due 11/1/2027 | (1) | 57666 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.310%, $45,077 par, due 5/1/2027 | (1) | 44757 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 6.770%, $28,698 par, due 11/1/2028 | (1) | 29514 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 3.940%, $7,060,820 par, due 5/1/2047 | (1) | 6561090 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.130%, $3,690,565 par, due 11/1/2047 | (1) | 3630029 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.980%, $581,563 par, due 6/1/2035 | (1) | 531753 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.810%, $293,353 par, due 12/1/2036 | (1) | 264889 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.810%, $1,659,848 par, due 6/1/2037 | (1) | 1463176 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.780%, $1,494,569 par, due 12/1/2037 | (1) | 1340789 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 4.710%, $2,056,969 par, due 12/1/2047 | (1) | 1970371 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.680%, $35,261 par, due 6/1/2028 | (1) | 35316 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.280%, $3,010,709 par, due 12/1/2048 | (1) | 2983489 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.800%, $807,372 par, due 1/1/2037 | (1) | 732222 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 3.150%, $504,380 par, due 7/1/2033 | (1) | 476417 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.720%, $365,583 par, due 1/1/2029 | (1) | 365438 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.880%, $413,598 par, due 7/1/2035 | (1) | 381637 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 4.910%, $1,256,918 par, due 1/1/2048 | (1) | 1230007 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 5.180%, $5,919,133 par, due 7/1/2048 | (1) | 5847145 |
| &nbsp;&nbsp;&nbsp;United States Small Business Administration | 2.980%, $650,706 par, due 7/1/2037 | (1) | 591565 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.375%, $5,725,000 par, due 12/31/2029 | (1) | 5721422 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.500%, $16,000,000 par, due 11/15/2033 | (1) | 15930000 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.375%, $7,620,000 par, due 5/15/2034 | (1) | 7504511 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.375%, $4,500,000 par, due 11/30/2028 | (1) | 4501229 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.125%, $7,965,000 par, due 11/15/2027 | (1) | 7928911 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.250%, $2,075,000 par, due 11/15/2034 | (1) | 2021504 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.125%, $5,715,000 par, due 10/31/2029 | (1) | 5648472 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.875%, $1,295,000 par, due 8/15/2034 | (1) | 1224786 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.875%, $28,505,000 par, due 10/15/2027 | (1) | 28202134 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.875%, $2,000,000 par, due 10/31/2028 | (1) | 2035704 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.625%, $5,985,000 par, due 4/30/2029 | (1) | 6041576 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.625%, $5,895,000 par, due 4/30/2031 | (1) | 5944276 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.250%, $4,000,000 par, due 2/28/2029 | (1) | 3980780 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.000%, $5,780,000 par, due 7/31/2029 | (1) | 5687653 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.625%, $5,835,000 par, due 8/31/2029 | (1) | 5649009 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.500%, $7,805,000 par, due 9/30/2029 | (1) | 7508956 |
| &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.875%, $5,355,000 par, due 8/15/2033 | (1) | 5097082 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** | **WELLS FARGO & COMPANY 401(k) PLAN** |
| Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) | Schedule H, Line 4i – Schedule of Assets (Held at End of Year) |
| December 31, 2023 | December 31, 2023 | December 31, 2023 | December 31, 2023 | December 31, 2023 |
|  |  | **Description of investment, including** |  |  |
|  |  | **maturity date, rate of interest,** |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **collateral, par, or maturing value** | **Cost** | **Current value** |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 4.000%, $16,270,000 par, due 2/15/2034 | (1) | $15579160 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.500%, $7,410,000 par, due 2/15/2033 | (1) | 6893908 |
|  | &nbsp;&nbsp;&nbsp;United States Treasury Note/Bond | 3.375%, $590,000 par, due 9/15/2027 | (1) | 576494 |
|  | &nbsp;&nbsp;&nbsp;UnitedHealth Group Inc | 4.800%, $1,050,000 par, due 1/15/2030 | (1) | 1045779 |
|  | &nbsp;&nbsp;&nbsp;University of North Carolina at Chapel Hill | 3.327%, $500,000 par, due 12/1/2036 | (1) | 441700 |
|  | &nbsp;&nbsp;&nbsp;US Bancorp | 5.850%, $210,000 par, due 10/21/2033 | (1) | 214710 |
|  | &nbsp;&nbsp;&nbsp;US Bancorp | 4.548%, $1,650,000 par, due 7/22/2028 | (1) | 1636326 |
|  | &nbsp;&nbsp;&nbsp;US Bancorp | 5.384%, $1,470,000 par, due 1/23/2030 | (1) | 1482748 |
|  | &nbsp;&nbsp;&nbsp;US Bancorp | 2.215%, $620,000 par, due 1/27/2028 | (1) | 587790 |
|  | &nbsp;&nbsp;&nbsp;USAA Capital Corp | 2.125%, $190,000 par, due 5/1/2030 | (1) | 164543 |
|  | &nbsp;&nbsp;&nbsp;Utah Housing Corp | 6.000%, $1,250,000 par, due 7/1/2055 | (1) | 1275388 |
|  | &nbsp;&nbsp;&nbsp;Ventas Realty LP | 3.500%, $721,000 par, due 2/1/2025 | (1) | 719753 |
|  | &nbsp;&nbsp;&nbsp;Ventas Realty LP | 4.400%, $1,370,000 par, due 1/15/2029 | (1) | 1333414 |
|  | &nbsp;&nbsp;&nbsp;Ventas Realty LP | 2.650%, $200,000 par, due 1/15/2025 | (1) | 199680 |
|  | &nbsp;&nbsp;&nbsp;Verizon Communications Inc | 2.355%, $1,603,000 par, due 3/15/2032 | (1) | 1329684 |
|  | &nbsp;&nbsp;&nbsp;Verizon Communications Inc | 2.100%, $910,000 par, due 3/22/2028 | (1) | 837043 |
|  | &nbsp;&nbsp;&nbsp;Verizon Master Trust | 5.160%, $1,995,000 par, due 6/20/2029 | (1) | 2013815 |
|  | &nbsp;&nbsp;&nbsp;Vermont Std Asst Corp | 5.505%, $273,152 par, due 7/28/2034 | (1) | 272609 |
|  | &nbsp;&nbsp;&nbsp;Virginia Housing Development Authority 2016-A | 3.100%, $241,746 par, due 6/25/2041 | (1) | 213971 |
|  | &nbsp;&nbsp;&nbsp;Virginia Power Fuel Securitization LLC | 4.877%, $2,125,000 par, due 5/1/2031 | (1) | 2123283 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Auto Loan Enhanced Trust 2023-1 | 5.020%, $2,725,000 par, due 6/20/2028 | (1) | 2740701 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC | 5.650%, $1,960,000 par, due 9/12/2028 | (1) | 1968902 |
|  | &nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC | 4.350%, $950,000 par, due 6/8/2027 | (1) | 930641 |
|  | &nbsp;&nbsp;&nbsp;Warnermedia Holdings Inc | 4.279%, $3,630,000 par, due 3/15/2032 | (1) | 3199823 |
|  | &nbsp;&nbsp;&nbsp;Washington & Multnomah Counties School Dist No 48J | 1.407%, $1,500,000 par, due 6/15/2027 | (1) | 1398195 |
|  | &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 2.200%, $665,000 par, due 12/15/2028 | (1) | 599704 |
|  | &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 5.150%, $1,480,000 par, due 10/1/2027 | (1) | 1495342 |
|  | &nbsp;&nbsp;&nbsp;WEC Energy Group Inc | 3.550%, $386,000 par, due 6/15/2025 | (1) | 383301 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-C33 | 3.162%, $500,833 par, due 3/15/2059 | (1) | 493845 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C38 | 3.453%, $2,350,000 par, due 7/15/2050 | (1) | 2258155 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C39 | 3.157%, $2,270,000 par, due 9/15/2050 | (1) | 2160200 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C40 | 3.317%, $3,065,000 par, due 10/15/2050 | (1) | 2943506 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C42 | 3.589%, $1,870,000 par, due 12/15/2050 | (1) | 1764229 |
| \* | &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2018-C43 | 4.012%, $2,820,000 par, due 3/15/2051 | (1) | 2722515 |
|  | &nbsp;&nbsp;&nbsp;Welltower OP LLC | 4.125%, $2,191,000 par, due 3/15/2029 | (1) | 2118623 |
|  | &nbsp;&nbsp;&nbsp;Welltower OP LLC | 2.050%, $550,000 par, due 1/15/2029 | (1) | 491840 |
|  | &nbsp;&nbsp;&nbsp;West Haymarket Joint Public Agency | 5.400%, $1,250,000 par, due 12/15/2030 | (1) | 1257875 |
|  | &nbsp;&nbsp;&nbsp;Weyerhaeuser Co | 4.000%, $1,200,000 par, due 4/15/2030 | (1) | 1137010 |
|  | &nbsp;&nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | 5.800%, $1,349,834 par, due 4/18/2038 | (1) | 1358298 |
|  | &nbsp;&nbsp;&nbsp;Williams Cos Inc/The | 4.900%, $290,000 par, due 3/15/2029 | (1) | 287858 |
|  | &nbsp;&nbsp;&nbsp;Williams Cos Inc/The | 5.650%, $730,000 par, due 3/15/2033 | (1) | 736659 |
|  | &nbsp;&nbsp;&nbsp;Williams Cos Inc/The | 5.300%, $940,000 par, due 8/15/2028 | (1) | 948898 |
|  | &nbsp;&nbsp;&nbsp;Wisconsin Power and Light Co | 3.950%, $790,000 par, due 9/1/2032 | (1) | 730119 |
|  | &nbsp;&nbsp;&nbsp;Wisconsin Power and Light Co | 5.375%, $700,000 par, due 3/30/2034 | (1) | 697092 |
|  | &nbsp;&nbsp;&nbsp;WRKCO INC | 4.000%, $1,115,000 par, due 3/15/2028 | (1) | 1080948 |
|  | &nbsp;&nbsp;&nbsp;WRKCo Inc | 3.900%, $920,000 par, due 6/1/2028 | (1) | 887877 |
|  | &nbsp;&nbsp;&nbsp;Xcel Energy Inc | 1.750%, $465,000 par, due 3/15/2027 | (1) | 435395 |
|  | &nbsp;&nbsp;&nbsp;Yale University | 1.482%, $500,000 par, due 4/15/2030 | (1) | 425200 |
|  | &nbsp;&nbsp;&nbsp;Blackrock Treasury Trust Fund | 4.337%, $16,135,030 par | (1) | 16135030 |
|  |  |  |  | 1148206424 |
|  |  | Accrued income receivable |  | 8595009 |
|  |  | Receivable for investment payments due |  | 89895 |
|  |  | Payable for securities purchased on a forward commitment basis |  | (10233295) |
|  |  |  |  | 1146658033 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments in security-backed contracts |  | 3726689717 |
|  | Collective Trust Funds (3.2%): |  |  |  |
|  | &nbsp;&nbsp;&nbsp;Short-Term Investment Fund II | 121,310,346 units | (1) | 121310346 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Wells Fargo Stable Value Fund |  | 3848000063 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments |  | $57886997456 |
| \* | Represents a party-in-interest. |  |  |  |
| (1) | Cost information not required as investments are participant directed. | Cost information not required as investments are participant directed. |  |  |
| See accompanying report of independent registered public accounting firm. | See accompanying report of independent registered public accounting firm. | See accompanying report of independent registered public accounting firm. |  |  |

---

------

**SIGNATURES**

*The Plan.* Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

**WELLS FARGO & COMPANY 401(k) PLAN**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<u>/s/ Daniela Nese&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

Daniela Nese

Managing Director

Head of Benefits and Recognition

Wells Fargo & Company

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

June 18, 2025

------

**EXHIBITS**

**&nbsp;&nbsp;&nbsp;&nbsp;**

---

| | | |
|:---|:---|:---|
| **Exhibit No.** | **Description** | **Location** |
| <u>[23](exhibit23_2024.htm)</u> | <u>[Consent of Independent Registered Public Accounting Firm](exhibit23_2024.htm)</u> | Filed herewith. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;

## Ex-23

**Exhibit (23)**

**Consent of Independent Registered Public Accounting Firm**

We consent to the incorporation by reference in the registration statement (No. 333-211639) on Form S-8 of our report dated June 18, 2025, with respect to the financial statements and the supplemental Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2024 of the Wells Fargo & Company 401(k) Plan.

/s/ KPMG LLP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Cleveland, Ohio

June 18, 2025

<br>