# EDGAR Filing Document

**Accession Number:** 0000072971
**File Stem:** 0000072971-26-000277
**Filing Date:** 2026-6
**Character Count:** 339168
**Document Hash:** 4eb144de033b82c215f8d6d6f09bb078
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000072971-26-000277.hdr.sgml**: 20260617

**ACCESSION NUMBER**: 0000072971-26-000277

**CONFORMED SUBMISSION TYPE**: 11-K

**PUBLIC DOCUMENT COUNT**: 41

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260617

**DATE AS OF CHANGE**: 20260617

**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:** 261098993

**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

?xml version='1.0' encoding='ASCII'? wfc-20251231

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, 2025**

**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**

**_______________________________________**

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

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

**Wells Fargo & Company**

**333 Market Street**

**San Francisco, CA 94105**

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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](#i2e4fab9695114394b497a6dbfc4d3c53_10)</u> |
| **Financial Statements:** |  |
| &nbsp;&nbsp;Statements of Net Assets Available for Benefits as of December 31, 2025 and 2024 | &nbsp;&nbsp;<u>[2](#i2e4fab9695114394b497a6dbfc4d3c53_13)</u> |
| &nbsp;&nbsp;Statement of Changes in Net Assets Available for Benefits for the year ended December 31, 2025  | &nbsp;&nbsp;<u>[3](#i2e4fab9695114394b497a6dbfc4d3c53_16)</u> |
| &nbsp;&nbsp;Notes to Financial Statements | &nbsp;&nbsp;<u>[4](#i2e4fab9695114394b497a6dbfc4d3c53_19)</u> |
| **Supplemental Schedule:** | **Supplemental Schedule:** |
| &nbsp;&nbsp;Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2025  | &nbsp;&nbsp;<u>[14](#i2e4fab9695114394b497a6dbfc4d3c53_61)</u> |
| **Signatures** | &nbsp;&nbsp;<u>[55](#i2e4fab9695114394b497a6dbfc4d3c53_67)</u> |
| **Exhibit Index** | &nbsp;&nbsp;<u>[56](#i2e4fab9695114394b497a6dbfc4d3c53_70)</u> |

---

------

**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, 2025 and 2024, the related statement of changes in net assets available for benefits for the year ended December 31, 2025, 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, 2025 and 2024, and the changes in net assets available for benefits for the year ended December 31, 2025, 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, 2025 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 17, 2026

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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, 2025 and 2024 | December 31, 2025 and 2024 | December 31, 2025 and 2024 |
|  | **2025** | 2024 |
| Assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments, at fair value | $**59947072836** | 53449351051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments, at contract value | **3821028147** | 3935809874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments | **63768100983** | 57385160925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notes receivable from participants | **776543902** | 792666444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | **64544644885** | 58177827369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net assets available for benefits | $**64544644885** | 58177827369 |
| See accompanying notes to financial statements. |  |  |

---

------

---

| | |
|:---|:---|
| **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, 2025 | Year ended December 31, 2025 |
| 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;&nbsp;&nbsp;Net appreciation in fair value of investments | $9630082278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest and dividends | 643755399 |
| &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;Total investment income | 10273837677 |
| Contributions: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employer | 988704633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participants | 1688446853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rollovers | 203649622 |
| &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;Total contributions | 2880801108 |
| Interest income from notes receivable from participants | 65248444 |
| Other income | 120832 |
| &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;Total additions to plan assets | 13220008061 |
| Deductions to net assets attributed to: |  |
| Benefits paid to participants | 6843499863 |
| Administrative expense | 9690682 |
| &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;Total deductions from plan assets | 6853190545 |
| &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;Net increase | 6366817516 |
| Net assets available for benefits: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of year | 58177827369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of year | $64544644885 |
| See accompanying notes to financial statements. |  |

---

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

Notes to Financial Statements

December 31, 2025

**(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"). The Plan includes a non-leveraged Employee Stock Ownership Plan (ESOP) component invested predominantly in shares of Company common stock through the Wells Fargo ESOP Fund.

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").

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

Employees eligible to participate in the Plan include regular and fixed term employees, flexible employees, and interns employed by a participating employer, who have completed one full calendar month of service and meet the 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 Internal Revenue Service (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.

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

&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, 2025

employees hired prior to January 1, 2021 are 100% vested in their current and future matching contributions. Matching contributions are invested according to the participant's investment elections on file on the date the matching contribution is made.

Base contributions are 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)Investment Options***

Salary deferral contributions, base contributions, and matching contributions are invested in accordance with each participant's 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. Participants may elect to have dividends received on Company common stock in their vested accounts paid to them in cash or have the dividends automatically reinvested in additional shares of Company common stock.

Subject to the terms of the Plan document, the Employee Benefit Review Committee (the "Committee") has discretion 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(e)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.

Each participant is entitled to exercise 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.

&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, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(f)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. Effective January 1, 2025, the Plan was amended and restated to (i) adopt disaster relief distributions in accordance with SECURE Act 2.0, and (ii) permit automatic rollover to an IRA for Plan participants who have a Plan account balance of $7,000 or less, 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 $8,788,290 for the year ended December 31, 2025. The forfeiture account balance was $0 for both years ended December 31, 2025 and 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***(g)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 5 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, 2025 and 2024, interest rates ranged from 3.25% to 11.50% and loans mature through December 30, 2045 and December 31, 2044, respectively.

&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, 2025

**(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***

Costs and expenses of administering the Plan and Trust are generally paid by the Company, except for certain investment management fees, which are netted against investment returns and a portion of the recordkeeping fees, and other costs and expenses that may be approved by the appropriate Plan fiduciary. 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;&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 includes gains and 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

&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, 2025

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.

***(3)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, commonly referred to as synthetic guaranteed investment contracts ("GIC"). A security-backed contract is an investment contract issued by an insurance company or other financial institution, backed by a portfolio of bonds or other fixed income securities. All security-backed contracts held by the Stable Value Fund are fully benefit-responsive. The Stable Value Fund also invests in Short-Term Investment Fund II, which invests in highly liquid assets, for daily liquidity needs.

A security-backed contract is comprised of two parts: the first part is a fixed income security or portfolio of fixed income securities owned by the Plan; the second part is a contract value liquidity agreement (wrapper) provided by a third party. Wrappers provide for contract value payments for participant-initiated withdrawals and transfers, a floor crediting rate, and return of fully accrued contract value at maturity. The crediting rate of a security-backed contract is based on actual yields of the underlying securities and is a function of the relationship between the contract value and the value of the underlying assets.

&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 crediting 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. 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.

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 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

&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, 2025

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 Contracts**

The Stable Value Fund pays wrapper contract fees to the security-backed contract issuers to assure contract liquidity for plan participant-directed withdrawals.

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

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

------

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

Notes to Financial Statements

December 31, 2025

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, 2025 and 2024.

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 *common collective trusts* 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 common collective trusts 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* common collective trusts that are not an underlying investment of a fully benefit-responsive contract are valued at NAV as described above.

The Wells Fargo ESOP Fund is structured as a unitized account that holds investments in *Company 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, 2025 and 2024, respectively:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Common collective trusts** | $**—** | **33856753367** | **—** | **33856753367** |
| **Mutual funds** | **1798785402** | **—** | **—** | **1798785402** |
| **Multi-manager funds:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common collective trusts** | **—** | **9815903665** | **—** | **9815903665** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Mutual funds** | **2352311979** | **—** | **—** | **2352311979** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total multi-manager funds** | **2352311979** | **9815903665** | **—** | **12168215644** |
| **Stable Value Fund** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common collective trusts** | **—** | **127950637** | **—** | **127950637** |
| **Company common stock** | **11995367786** | **—** | **—** | **11995367786** |
| &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** | $**16146465167** | **43800607669** | **—** | **59947072836** |

---

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

------

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

Notes to Financial Statements

December 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| | December 31, 2024 | December 31, 2024 | December 31, 2024 | December 31, 2024 |
| | Level 1 | Level 2 | Level 3 | Total |
| Common collective trusts | $— | 30014008564 |  | 30014008564 |
| Mutual funds | 1578497672 |  |  | 1578497672 |
| Multi-manager funds: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common collective trusts |  | 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;Common collective trusts |  | 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 |

---

**(5)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's investment in the Company's common stock was $11,995,367,786 and $10,218,099,891 as of December 31, 2025 and 2024, respectively. During 2025, the Company paid $234,678,705 to the participants for dividends on common stocks held directly.

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"). The Company has a noncontrolling interest in Allspring, which may be considered a party-in-interest with respect to the Plan. 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.

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.

**(6)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.

**(7)Tax Status**

The 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 believes that the Plan is qualified, and the related Trust is tax-exempt.

Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset), if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the Plan, and has concluded that there are no

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

------

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

Notes to Financial Statements

December 31, 2025

uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.

**(8)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.

**(9)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.

The parties agreed to a class action settlement of $84 million. On December 8, 2025, the court granted plaintiffs' motion for preliminary approval of the class action settlement. On April 20, 2026, the court granted final approval of the settlement.

&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.

On June 18, 2025, the court granted defendants' motion to dismiss. On July 17, 2025, plaintiff appealed, and the Eighth Circuit held oral argument on the appeal on March 18, 2026. On May 12, 2026, the Eighth Circuit affirmed the dismissal of the action.

**(10)Subsequent Events**

The Plan has evaluated subsequent events from December 31, 2025 through June 17, 2026, 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.

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

------

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

Notes to Financial Statements

December 31, 2025

Effective January 1, 2026, the Plan was amended and restated to (i) change the maximum salary deferral percentage from 50% to 75%, so that participants may make salary deferral contributions, subject to certain limitations, from 1% to 75% of their certified compensation, as defined in the Plan, (ii) add a new option for participants to elect to make after-tax salary deferral contributions up to $10,000 annually, with such after-tax contributions not being eligible for matching contributions, (iii) add one-time or recurring In-Plan Roth Conversions that allow a participant to elect to transfer all or a portion of certain after-tax sub-accounts to a Roth sub-account under the Plan, (iv) update the catch-up contribution provisions to comply with changes under SECURE Act 2.0, including Code Section 414(v)(7) or applicable Treasury regulations thereunder, and (v) change the employer Base Contribution compensation eligibility requirement to include retention and recruiting bonuses with loan agreements.

**(11)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, 2025 and 2024 to net assets per the Form 5500:

---

| | | |
|:---|:---|:---|
| | **2025** | 2024 |
| Net assets available for benefits per the financial statements | $**64544644885** | 58177827369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustment from contract value to fair value for fully <br>&nbsp;&nbsp;&nbsp;&nbsp; benefit-responsive investment contracts | **(86758966)** | (209120157) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deemed loan distributions | **(93491704)** | (81709756) |
| &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 | $**64364394215** | 57886997456 |

---

The following is a reconciliation of increases in net assets available for benefits per the financial statements for the year ended December 31, 2025, to the net income per the Form 5500:

---

| | |
|:---|:---|
| Increase in net assets available for benefits per the financial statements | $6366817516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in the adjustment from contract value to fair value for fully <br>&nbsp;&nbsp;&nbsp;&nbsp; benefit-responsive investment contracts at December 31, 2025 | 122361191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in deemed loan distributions | (11781948) |
| &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 | $6477396759 |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Cost** | **Current value** |
| State Street Target Ret Income NL CL A | Common Collective Trust |  |  |  | (1) | $535356379 |
| State Street Target Ret 2025 NL CL A | Common Collective Trust |  |  |  | (1) | 1083633878 |
| State Street Target Ret 2030 NL CL A | Common Collective Trust |  |  |  | (1) | 1468400147 |
| State Street Target Ret 2035 NL CL A | Common Collective Trust |  |  |  | (1) | 1445507820 |
| State Street Target Ret 2040 NL CL A | Common Collective Trust |  |  |  | (1) | 1689607070 |
| State Street Target Ret 2045 NL CL A | Common Collective Trust |  |  |  | (1) | 1390998007 |
| State Street Target Ret 2050 NL CL A | Common Collective Trust |  |  |  | (1) | 1746254188 |
| State Street Target Ret 2055 NL CL A | Common Collective Trust |  |  |  | (1) | 819251765 |
| State Street Target Ret 2060 NL CL A | Common Collective Trust |  |  |  | (1) | 379901178 |
| State Street Target Ret 2065 NL CL A | Common Collective Trust |  |  |  | (1) | 151757884 |
| State Street Target Ret 2070 NL CL A | Common Collective Trust |  |  |  | (1) | 13209691 |
| State Street Emerging Markets Index A | Common Collective Trust |  |  |  | (1) | 328504808 |
| State Street International Index M | Common Collective Trust |  |  |  | (1) | 1255690693 |
| State Street Russell Sm Cap Index NL CL K | Common Collective Trust |  |  |  | (1) | 1535577254 |
| State Street S&P Mid Cap Index NL CL M | Common Collective Trust |  |  |  | (1) | 2561110816 |
| State Street NASDAQ 100 Index NL CL M | Common Collective Trust |  |  |  | (1) | 5913548438 |
| State Street S&P 500 Index K NL | Common Collective Trust |  |  |  | (1) | 8957330224 |
| State Street U.S. Bond Index NL M | Common Collective Trust |  |  |  | (1) | 2152059925 |
| State Street Real Asset Non-Lending Series A | Common Collective Trust |  |  |  | (1) | 75947107 |
| BlackRock MSCI ACWI ESG Focus Index F | Common Collective Trust |  |  |  | (1) | 935671770 |
| MFS Large Cap Value CL 5 | Common Collective Trust |  |  |  | (1) | 1129518688 |
| T Rowe Price Equity Income TR F | Common Collective Trust |  |  |  | (1) | 1129509387 |
| T Rowe Price Blue Chip Growth Trust T7 | Common Collective Trust |  |  |  | (1) | 840591637 |
| Brown Advisory Sustainable Growth | Common Collective Trust |  |  |  | (1) | 840606311 |
| Polen Focus Growth Collective Investment Trust | Common Collective Trust |  |  |  | (1) | 840603400 |
| LACM US Large Cap Growth Equit | Common Collective Trust |  |  |  | (1) | 840593870 |
| Jennison Large Cap Growth | Common Collective Trust |  |  |  | (1) | 840594536 |
| William Blair Small Cap Growth CIF II CL 1 | Common Collective Trust |  |  |  | (1) | 245859011 |
| Westfield Small Cap Growth Equity | Common Collective Trust |  |  |  | (1) | 245859011 |
| Hotchkis & Wiley Small Cap Diversified Value CIT | Common Collective Trust |  |  |  | (1) | 245859011 |
| Peregrine Small Cap Value | Common Collective Trust |  |  |  | (1) | 245859011 |
| Causeway International Value Equity F | Common Collective Trust |  |  |  | (1) | 376316417 |
| Sprucegrove International F | Common Collective Trust |  |  |  | (1) | 376322603 |
| Acadian Emerging Markets Equity Fund | Common Collective Trust |  |  |  | (1) | 291804553 |
| Lazard Emerging Markets Equity D | Common Collective Trust |  |  |  | (1) | 208424263 |
| Principal Diversified Real Asset III | Common Collective Trust |  |  |  | (1) | 227739362 |
| IR&M Core Bond Collective Fund A | Common Collective Trust |  |  |  | (1) | 102425650 |
| Loomis Sayles Core Disciplined Alpha Fund Class D | Common Collective Trust |  |  |  | (1) | 102425614 |
| NIS Core Fixed Income CIT CL R2 | Common Collective Trust |  |  |  | (1) | 102425655 |
| Short-Term Investment Fund II | Common Collective Trust |  |  |  | (1) | 127950637 |
|  |  |  |  | Total Common Collective Trusts | Total Common Collective Trusts | 43800607669 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
|  | BlackRock Liquidity Treasury Instl | Mutual Fund |  |  |  |  | (1) | 1646498256 |
|  | Dodge & Cox Stock Class X | Mutual Fund |  |  |  |  | (1) | 1163744387 |
|  | American EuroPacific Growth R6 | Mutual Fund |  |  |  |  | (1) | 752645468 |
|  | Baillie Gifford Emerging Markets EQS K | Mutual Fund |  |  |  |  | (1) | 208431749 |
|  | DFA Emerging Markets Small Cap | Mutual Fund |  |  |  |  | (1) | 125064757 |
|  | Baird Aggregate Bond Inst | Mutual Fund |  |  |  |  | (1) | 102425619 |
|  | BlackRock Liquidity Treasury Inst | Mutual Fund |  |  |  |  | (1) | 152287145 |
|  |  |  |  |  | Total Mutual Funds | Total Mutual Funds | Total Mutual Funds | 4151097381 |
| \* | Wells Fargo & Company Common Stock | Common Stock Fund |  |  |  |  | (1) | 11995367786 |
|  |  |  |  |  | Total Common Stock Fund | Total Common Stock Fund | Total Common Stock Fund | 11995367786 |
| \* | Wells Fargo Stable Value Fund |  |  |  |  |  |  |  |
|  | &nbsp;&nbsp;Synthetic GICs: |  |  |  |  |  |  |  |
|  | &nbsp;&nbsp;American General Life Ins. Co. | Synthetic GIC - Wrapper Contract No. 443423 | 3.380% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Massachusetts Mutual Life Ins. Co. | Synthetic GIC - Wrapper Contract No. 30035 | 3.430% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Metropolitan Tower Life Ins. Co. | Synthetic GIC - Wrapper Contract No. 38197 | 3.420% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Nationwide Life Ins. Co. | Synthetic GIC - Wrapper Contract No. GAL_WELF_IP_1213 | 3.510% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Pacific Life Ins. Co. | Synthetic GIC - Wrapper Contract No. G-27255.01.0001 | 3.490% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Prudential Ins. Co. of America | Synthetic GIC - Wrapper Contract No. GA-62437 | 3.560% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC - Wrapper Contract No. GALWells401k01 | 3.340% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;State Street Bank and Trust Co. | Synthetic GIC - Wrapper Contract No. 109001 | 3.460% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Transamerica Life Ins. Co. | Synthetic GIC - Wrapper Contract No. MDA00940TR | 3.470% |  |  |  | (1) |  |
|  | &nbsp;&nbsp;Voya Ret. Ins. and Annuity Co. | Synthetic GIC - Wrapper Contract No. 60352 | 3.440% |  |  |  | (1) |  |
|  |  |  |  |  | Total Synthetic GIC Wrapper Contracts | Total Synthetic GIC Wrapper Contracts | Total Synthetic GIC Wrapper Contracts |  |
| \* | &nbsp;&nbsp;Galliard SA Intermediate Core Fund C | Synthetic GIC Asset Common Collective Trust |  |  |  |  | (1) | 292030309 |
| \* | &nbsp;&nbsp;Galliard SA Intermediate Core Fund E | Synthetic GIC Asset Common Collective Trust |  |  |  |  | (1) | 282291973 |
| \* | &nbsp;&nbsp;Galliard SA Intermediate Core Fund J | Synthetic GIC Asset Common Collective Trust |  |  |  |  | (1) | 290859540 |
| \* | &nbsp;&nbsp;Galliard SA Intermediate Core Fund Q | Synthetic GIC Asset Common Collective Trust |  |  |  |  | (1) | 290273521 |
|  |  |  |  |  | Total Synthetic GIC Asset Common Collective Trusts | Total Synthetic GIC Asset Common Collective Trusts | Total Synthetic GIC Asset Common Collective Trusts | 1155455343 |
|  | &nbsp;&nbsp;2-Year US Treasury Note Futures (MAR) | Synthetic GIC Asset Fixed Income Investments | —% | 04/03/2026 | $51800000 | par | (1) |  |
|  | &nbsp;&nbsp;Abay Leasing 2014 LLC | Synthetic GIC Asset Fixed Income Investments | 2.654% | 11/09/2026 | 158774 | par | (1) | 157490 |
|  | &nbsp;&nbsp;Access Group Inc 2013-1 | Synthetic GIC Asset Fixed Income Investments | 4.489% | 02/25/2036 | 186850 | par | (1) | 186800 |
|  | &nbsp;&nbsp;Agilent Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.200% | 09/09/2027 | 2000000 | par | (1) | 2010420 |
|  | &nbsp;&nbsp;Agree LP | Synthetic GIC Asset Fixed Income Investments | 2.000% | 06/15/2028 | 1695000 | par | (1) | 1615523 |
|  | &nbsp;&nbsp;Albemarle Corp | Synthetic GIC Asset Fixed Income Investments | 4.650% | 06/01/2027 | 1185000 | par | (1) | 1192607 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Alexandria Real Estate Equities Inc | Synthetic GIC Asset Fixed Income Investments | 4.500% | 07/30/2029 | 1220000 | par | (1) | 1221396 |
| &nbsp;&nbsp;Alexandria Real Estate Equities Inc | Synthetic GIC Asset Fixed Income Investments | 3.800% | 04/15/2026 | 275000 | par | (1) | 274657 |
| &nbsp;&nbsp;Alliant Energy Finance LLC | Synthetic GIC Asset Fixed Income Investments | 5.400% | 06/06/2027 | 1600000 | par | (1) | 1621854 |
| &nbsp;&nbsp;Ally Auto Receivables Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.080% | 12/15/2028 | 2531113 | par | (1) | 2548137 |
| &nbsp;&nbsp;Ally Auto Receivables Trust 2024-2 | Synthetic GIC Asset Fixed Income Investments | 4.140% | 07/16/2029 | 2107566 | par | (1) | 2111021 |
| &nbsp;&nbsp;Ally Auto Receivables Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 3.960% | 03/15/2030 | 2810000 | par | (1) | 2818984 |
| &nbsp;&nbsp;Ameren Corp | Synthetic GIC Asset Fixed Income Investments | 5.700% | 12/01/2026 | 950000 | par | (1) | 963026 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 5.098% | 02/16/2028 | 430000 | par | (1) | 435085 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 4.731% | 04/25/2029 | 450000 | par | (1) | 457040 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 4.351% | 07/20/2029 | 620000 | par | (1) | 624740 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 5.043% | 07/26/2028 | 1230000 | par | (1) | 1250927 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 5.389% | 07/28/2027 | 2930000 | par | (1) | 2952690 |
| &nbsp;&nbsp;American Express Credit Account Master Trust | Synthetic GIC Asset Fixed Income Investments | 4.280% | 04/15/2030 | 1340000 | par | (1) | 1355586 |
| &nbsp;&nbsp;American Express Credit Account Master Trust | Synthetic GIC Asset Fixed Income Investments | 4.300% | 07/15/2030 | 3510000 | par | (1) | 3556508 |
| &nbsp;&nbsp;American Express Credit Account Master Trust | Synthetic GIC Asset Fixed Income Investments | 5.230% | 04/15/2029 | 7560000 | par | (1) | 7703254 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.450% | 10/22/2027 | 520000 | par | (1) | 524588 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.900% | 07/09/2027 | 460000 | par | (1) | 466270 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.550% | 03/03/2028 | 1730000 | par | (1) | 1748445 |
| &nbsp;&nbsp;AMEX Credit Account Master Trust 2024-3 | Synthetic GIC Asset Fixed Income Investments | 4.650% | 07/15/2029 | 4810000 | par | (1) | 4876210 |
| &nbsp;&nbsp;Amrize Finance US LLC | Synthetic GIC Asset Fixed Income Investments | 4.600% | 04/07/2027 | 590000 | par | (1) | 593957 |
| &nbsp;&nbsp;Amrize Finance US LLC | Synthetic GIC Asset Fixed Income Investments | 4.700% | 04/07/2028 | 930000 | par | (1) | 941043 |
| &nbsp;&nbsp;Anglo American Capital PLC | Synthetic GIC Asset Fixed Income Investments | 4.750% | 04/10/2027 | 666000 | par | (1) | 671170 |
| &nbsp;&nbsp;Aon Corp | Synthetic GIC Asset Fixed Income Investments | 4.500% | 12/15/2028 | 700000 | par | (1) | 708586 |
| &nbsp;&nbsp;Ascension Health | Synthetic GIC Asset Fixed Income Investments | 4.078% | 11/15/2028 | 2400000 | par | (1) | 2410666 |
| &nbsp;&nbsp;AT&T Inc | Synthetic GIC Asset Fixed Income Investments | 1.650% | 02/01/2028 | 3415000 | par | (1) | 3255984 |
| &nbsp;&nbsp;AT&T Inc | Synthetic GIC Asset Fixed Income Investments | 2.300% | 06/01/2027 | 675000 | par | (1) | 659660 |
| &nbsp;&nbsp;BA Credit Card Trust | Synthetic GIC Asset Fixed Income Investments | 4.930% | 05/15/2029 | 4745000 | par | (1) | 4819606 |
| &nbsp;&nbsp;BAE Systems PLC | Synthetic GIC Asset Fixed Income Investments | 5.000% | 03/26/2027 | 2380000 | par | (1) | 2408831 |
| &nbsp;&nbsp;Bank of America Auto Trust 2023-2 | Synthetic GIC Asset Fixed Income Investments | 5.740% | 06/15/2028 | 1697586 | par | (1) | 1713661 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.948% | 07/22/2028 | 2250000 | par | (1) | 2282144 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.979% | 01/24/2029 | 2240000 | par | (1) | 2282544 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 2.087% | 06/14/2029 | 1600000 | par | (1) | 1526736 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.376% | 04/27/2028 | 825000 | par | (1) | 828378 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 5.933% | 09/15/2027 | 710000 | par | (1) | 719206 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 3.419% | 12/20/2028 | 2500000 | par | (1) | 2471558 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 3.593% | 07/21/2028 | 500000 | par | (1) | 496615 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.623% | 05/09/2029 | 500000 | par | (1) | 506791 |
| &nbsp;&nbsp;Bank of Montreal | Synthetic GIC Asset Fixed Income Investments | 5.004% | 01/27/2029 | 1330000 | par | (1) | 1355571 |
| &nbsp;&nbsp;Bank of Montreal | Synthetic GIC Asset Fixed Income Investments | 5.203% | 02/01/2028 | 390000 | par | (1) | 399988 |
| &nbsp;&nbsp;Bank of Montreal | Synthetic GIC Asset Fixed Income Investments | 4.567% | 09/10/2027 | 960000 | par | (1) | 963647 |
| &nbsp;&nbsp;Bank of New York Mellon Corp | Synthetic GIC Asset Fixed Income Investments | 4.543% | 02/01/2029 | 850000 | par | (1) | 860571 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Bank of New York Mellon Corp | Synthetic GIC Asset Fixed Income Investments | 3.992% | 06/13/2028 | 80000 | par | (1) | 80040 |
| &nbsp;&nbsp;Bank of New York Mellon Corp | Synthetic GIC Asset Fixed Income Investments | 4.890% | 07/21/2028 | 1536000 | par | (1) | 1560066 |
| &nbsp;&nbsp;Bank of Nova Scotia/The | Synthetic GIC Asset Fixed Income Investments | 4.404% | 09/08/2028 | 1190000 | par | (1) | 1196256 |
| &nbsp;&nbsp;Bank of Nova Scotia/The | Synthetic GIC Asset Fixed Income Investments | 4.932% | 02/14/2029 | 2640000 | par | (1) | 2691340 |
| &nbsp;&nbsp;Bank of Nova Scotia/The | Synthetic GIC Asset Fixed Income Investments | 4.043% | 09/15/2028 | 575000 | par | (1) | 575126 |
| &nbsp;&nbsp;Barings Equipment Finance LLC 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.130% | 10/13/2032 | 1760000 | par | (1) | 1764451 |
| &nbsp;&nbsp;Baxter International Inc | Synthetic GIC Asset Fixed Income Investments | 2.272% | 12/01/2028 | 1430000 | par | (1) | 1351113 |
| &nbsp;&nbsp;Baxter International Inc | Synthetic GIC Asset Fixed Income Investments | 1.915% | 02/01/2027 | 305000 | par | (1) | 297646 |
| &nbsp;&nbsp;Becton Dickinson & Co | Synthetic GIC Asset Fixed Income Investments | 3.700% | 06/06/2027 | 490000 | par | (1) | 488003 |
| &nbsp;&nbsp;BHP Billiton Finance USA Ltd | Synthetic GIC Asset Fixed Income Investments | 5.100% | 09/08/2028 | 430000 | par | (1) | 443249 |
| &nbsp;&nbsp;Black Hills Corp | Synthetic GIC Asset Fixed Income Investments | 3.950% | 01/15/2026 | 2655000 | par | (1) | 2654389 |
| &nbsp;&nbsp;Blackrock Treasury Trust Fund | Synthetic GIC Asset Fixed Income Investments | 3.630% |  | 25096355 | par | (1) | 25096355 |
| &nbsp;&nbsp;BLP Commercial Mortgage Trust 2025-IND2 | Synthetic GIC Asset Fixed Income Investments | 5.250% | 12/15/2042 | 710000 | par | (1) | 710660 |
| &nbsp;&nbsp;BMP 2024-MF23 | Synthetic GIC Asset Fixed Income Investments | 5.122% | 06/15/2041 | 1855000 | par | (1) | 1857896 |
| &nbsp;&nbsp;BMW US Capital LLC | Synthetic GIC Asset Fixed Income Investments | 3.950% | 08/14/2028 | 800000 | par | (1) | 798275 |
| &nbsp;&nbsp;BMW US Capital LLC | Synthetic GIC Asset Fixed Income Investments | 4.600% | 08/13/2027 | 1920000 | par | (1) | 1940062 |
| &nbsp;&nbsp;BMW US Capital LLC | Synthetic GIC Asset Fixed Income Investments | 4.750% | 03/21/2028 | 1180000 | par | (1) | 1197490 |
| &nbsp;&nbsp;BMW Vehicle Lease Trust | Synthetic GIC Asset Fixed Income Investments | 4.180% | 10/25/2027 | 3835000 | par | (1) | 3846958 |
| &nbsp;&nbsp;BMW Vehicle Owner Trust 2024-A | Synthetic GIC Asset Fixed Income Investments | 5.180% | 02/26/2029 | 1069390 | par | (1) | 1079157 |
| &nbsp;&nbsp;BNP Paribas SA | Synthetic GIC Asset Fixed Income Investments | 4.792% | 05/09/2029 | 970000 | par | (1) | 981155 |
| &nbsp;&nbsp;BNP Paribas SA | Synthetic GIC Asset Fixed Income Investments | 1.904% | 09/30/2028 | 1600000 | par | (1) | 1539742 |
| &nbsp;&nbsp;BNP Paribas SA | Synthetic GIC Asset Fixed Income Investments | 5.176% | 01/09/2030 | 710000 | par | (1) | 727663 |
| &nbsp;&nbsp;BOCA Commercial Mortgage Trust 2025-BOCA | Synthetic GIC Asset Fixed Income Investments | 5.450% | 12/15/2042 | 1160000 | par | (1) | 1161449 |
| &nbsp;&nbsp;Boeing Co/The | Synthetic GIC Asset Fixed Income Investments | 2.196% | 02/04/2026 | 495000 | par | (1) | 494059 |
| &nbsp;&nbsp;BofA Auto Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.350% | 11/20/2029 | 1450000 | par | (1) | 1459714 |
| &nbsp;&nbsp;BP Capital Markets America Inc | Synthetic GIC Asset Fixed Income Investments | 4.234% | 11/06/2028 | 1500000 | par | (1) | 1510254 |
| &nbsp;&nbsp;BPCE SA | Synthetic GIC Asset Fixed Income Investments | 4.750% | 07/19/2027 | 905000 | par | (1) | 915566 |
| &nbsp;&nbsp;BPCE SA | Synthetic GIC Asset Fixed Income Investments | 3.250% | 01/11/2028 | 1000000 | par | (1) | 983536 |
| &nbsp;&nbsp;Broadcom Inc | Synthetic GIC Asset Fixed Income Investments | 4.150% | 02/15/2028 | 1200000 | par | (1) | 1204392 |
| &nbsp;&nbsp;Broadcom Inc | Synthetic GIC Asset Fixed Income Investments | 4.800% | 04/15/2028 | 1300000 | par | (1) | 1323591 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2021-ACNT | Synthetic GIC Asset Fixed Income Investments | 4.715% | 11/15/2038 | 1560324 | par | (1) | 1559382 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2024-AIRC | Synthetic GIC Asset Fixed Income Investments | 5.441% | 08/15/2041 | 1259183 | par | (1) | 1261531 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2024-GPA3 | Synthetic GIC Asset Fixed Income Investments | 5.043% | 12/15/2039 | 1954474 | par | (1) | 1954474 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust BX 2022-CSMO A | Synthetic GIC Asset Fixed Income Investments | 5.865% | 06/15/2027 | 1515000 | par | (1) | 1516892 |
| &nbsp;&nbsp;BX Trust 2021-RISE | Synthetic GIC Asset Fixed Income Investments | 4.612% | 11/15/2036 | 3169984 | par | (1) | 3167055 |
| &nbsp;&nbsp;BX Trust 2022-IND | Synthetic GIC Asset Fixed Income Investments | 5.241% | 04/15/2037 | 274108 | par | (1) | 274361 |
| &nbsp;&nbsp;BX Trust 2024-BIO | Synthetic GIC Asset Fixed Income Investments | 5.392% | 02/15/2041 | 4545000 | par | (1) | 4535142 |
| &nbsp;&nbsp;BX Trust 2025-ARIA | Synthetic GIC Asset Fixed Income Investments | 5.031% | 12/13/2042 | 1375000 | par | (1) | 1388795 |
| &nbsp;&nbsp;BX Trust 2025-DELC | Synthetic GIC Asset Fixed Income Investments | 5.507% | 12/15/2042 | 885000 | par | (1) | 886104 |
| &nbsp;&nbsp;BX Trust 2025-DIME | Synthetic GIC Asset Fixed Income Investments | 4.900% | 02/15/2035 | 1390000 | par | (1) | 1386528 |
| &nbsp;&nbsp;BX Trust 2025-GW | Synthetic GIC Asset Fixed Income Investments | 5.350% | 07/15/2042 | 1630000 | par | (1) | 1633055 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;BX Trust 2025-ROIC | Synthetic GIC Asset Fixed Income Investments | 4.894% | 03/15/2030 | 2584918 | par | (1) | 2581690 |
| &nbsp;&nbsp;Canadian National Railway Co | Synthetic GIC Asset Fixed Income Investments | 4.200% | 03/12/2031 | 955000 | par | (1) | 954182 |
| &nbsp;&nbsp;Canadian Natural Resources Ltd | Synthetic GIC Asset Fixed Income Investments | 3.850% | 06/01/2027 | 1965000 | par | (1) | 1959860 |
| &nbsp;&nbsp;Canadian Pacific Railway Co | Synthetic GIC Asset Fixed Income Investments | 4.000% | 06/01/2028 | 1270000 | par | (1) | 1270781 |
| &nbsp;&nbsp;Canadian Pacific Railway Co | Synthetic GIC Asset Fixed Income Investments | 3.700% | 02/01/2026 | 1600000 | par | (1) | 1598894 |
| &nbsp;&nbsp;Capital One Financial Corp | Synthetic GIC Asset Fixed Income Investments | 1.878% | 11/02/2027 | 550000 | par | (1) | 539688 |
| &nbsp;&nbsp;Capital One Financial Corp | Synthetic GIC Asset Fixed Income Investments | 4.927% | 05/10/2028 | 605000 | par | (1) | 612209 |
| &nbsp;&nbsp;Capital One Prime Auto Receivables Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 3.850% | 07/15/2030 | 2670000 | par | (1) | 2671850 |
| &nbsp;&nbsp;CarMax Auto Owner Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 4.920% | 10/16/2028 | 5382467 | par | (1) | 5424187 |
| &nbsp;&nbsp;CarMax Auto Owner Trust 2024-2 | Synthetic GIC Asset Fixed Income Investments | 5.500% | 01/16/2029 | 1375000 | par | (1) | 1393888 |
| &nbsp;&nbsp;Carmax Auto Owner Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.840% | 01/15/2030 | 1700000 | par | (1) | 1725102 |
| &nbsp;&nbsp;Carmax Auto Owner Trust 2025-2 | Synthetic GIC Asset Fixed Income Investments | 4.480% | 03/15/2030 | 2250000 | par | (1) | 2274824 |
| &nbsp;&nbsp;Carmax Auto Owner Trust 2025-4 | Synthetic GIC Asset Fixed Income Investments | 3.970% | 12/16/2030 | 2050000 | par | (1) | 2053788 |
| &nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | Synthetic GIC Asset Fixed Income Investments | 5.200% | 10/01/2028 | 1080000 | par | (1) | 1115424 |
| &nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | Synthetic GIC Asset Fixed Income Investments | 4.800% | 03/15/2030 | 680000 | par | (1) | 696935 |
| &nbsp;&nbsp;CES MU2 LLC | Synthetic GIC Asset Fixed Income Investments | 2.166% | 12/16/2026 | 635992 | par | (1) | 628123 |
| &nbsp;&nbsp;Chase Auto Owner Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.130% | 05/25/2029 | 3744336 | par | (1) | 3778238 |
| &nbsp;&nbsp;Chase Auto Owner Trust 2024-2A | Synthetic GIC Asset Fixed Income Investments | 5.520% | 06/25/2029 | 1850868 | par | (1) | 1876658 |
| &nbsp;&nbsp;Chase Auto Owner Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.290% | 06/25/2030 | 2425000 | par | (1) | 2445501 |
| &nbsp;&nbsp;Chase Auto Owner Trust 2025-2 | Synthetic GIC Asset Fixed Income Investments | 3.860% | 10/25/2030 | 3645000 | par | (1) | 3648375 |
| &nbsp;&nbsp;Chesapeake Funding II LLC | Synthetic GIC Asset Fixed Income Investments | 6.160% | 10/15/2035 | 1938852 | par | (1) | 1959344 |
| &nbsp;&nbsp;Chesapeake Funding II LLC | Synthetic GIC Asset Fixed Income Investments | 5.650% | 05/15/2035 | 690893 | par | (1) | 694118 |
| &nbsp;&nbsp;Children's Hospital Medical Center/Cincinnati OH | Synthetic GIC Asset Fixed Income Investments | 2.853% | 11/15/2026 | 325000 | par | (1) | 321174 |
| &nbsp;&nbsp;CHRISTUS Health | Synthetic GIC Asset Fixed Income Investments | 4.341% | 07/01/2028 | 1235000 | par | (1) | 1239915 |
| &nbsp;&nbsp;Citibank Credit Card Issuance Trust | Synthetic GIC Asset Fixed Income Investments | 4.300% | 06/21/2030 | 1885000 | par | (1) | 1907382 |
| &nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2015-GC31 | Synthetic GIC Asset Fixed Income Investments | 3.762% | 06/10/2048 | 65968 | par | (1) | 64919 |
| &nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2016-C1 | Synthetic GIC Asset Fixed Income Investments | 3.209% | 05/10/2049 | 4237000 | par | (1) | 4220556 |
| &nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2016-P6 | Synthetic GIC Asset Fixed Income Investments | 3.458% | 12/10/2049 | 3086094 | par | (1) | 3070025 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 1.462% | 06/09/2027 | 1500000 | par | (1) | 1482860 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 3.070% | 02/24/2028 | 830000 | par | (1) | 820632 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 4.786% | 03/04/2029 | 840000 | par | (1) | 852281 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 3.668% | 07/24/2028 | 2800000 | par | (1) | 2782536 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 3.520% | 10/27/2028 | 2880000 | par | (1) | 2854708 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 4.658% | 05/24/2028 | 605000 | par | (1) | 610158 |
| &nbsp;&nbsp;Citizens Bank NA/Providence RI | Synthetic GIC Asset Fixed Income Investments | 4.575% | 08/09/2028 | 1000000 | par | (1) | 1007605 |
| &nbsp;&nbsp;City of Atlanta GA Water & Wastewater Revenue | Synthetic GIC Asset Fixed Income Investments | 1.537% | 11/01/2028 | 225000 | par | (1) | 212283 |
| &nbsp;&nbsp;City of New York NY | Synthetic GIC Asset Fixed Income Investments | 4.820% | 02/01/2029 | 1250000 | par | (1) | 1284750 |
| &nbsp;&nbsp;City of West Palm Beach FL Utility System Revenue | Synthetic GIC Asset Fixed Income Investments | 3.291% | 10/01/2028 | 2100000 | par | (1) | 2069718 |
| &nbsp;&nbsp;CNH Equipment Trust 2022-B | Synthetic GIC Asset Fixed Income Investments | 3.890% | 11/15/2027 | 256697 | par | (1) | 256589 |
| &nbsp;&nbsp;CNH Equipment Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.360% | 08/15/2030 | 2040000 | par | (1) | 2061667 |
| &nbsp;&nbsp;CNH Industrial Capital LLC | Synthetic GIC Asset Fixed Income Investments | 4.750% | 03/21/2028 | 850000 | par | (1) | 859935 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;CNH Industrial Capital LLC | Synthetic GIC Asset Fixed Income Investments | 4.550% | 04/10/2028 | 1500000 | par | (1) | 1510692 |
| &nbsp;&nbsp;CNH Industrial Capital LLC | Synthetic GIC Asset Fixed Income Investments | 1.450% | 07/15/2026 | 1460000 | par | (1) | 1438417 |
| &nbsp;&nbsp;Comcast Corp | Synthetic GIC Asset Fixed Income Investments | 4.150% | 10/15/2028 | 1370000 | par | (1) | 1377287 |
| &nbsp;&nbsp;Comcast Corp | Synthetic GIC Asset Fixed Income Investments | 3.550% | 05/01/2028 | 560000 | par | (1) | 555537 |
| &nbsp;&nbsp;COMM 2016-COR1 Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 2.826% | 10/10/2049 | 4051498 | par | (1) | 4021598 |
| &nbsp;&nbsp;COMM 2016-DC2 Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 3.765% | 02/10/2049 | 254814 | par | (1) | 254480 |
| &nbsp;&nbsp;CommonSpirit Health | Synthetic GIC Asset Fixed Income Investments | 4.352% | 09/01/2030 | 1070000 | par | (1) | 1066335 |
| &nbsp;&nbsp;Commonwealth of Massachusetts | Synthetic GIC Asset Fixed Income Investments | 4.110% | 07/15/2031 | 984148 | par | (1) | 983863 |
| &nbsp;&nbsp;Connecticut Light and Power Co/The | Synthetic GIC Asset Fixed Income Investments | 4.950% | 01/15/2030 | 1860000 | par | (1) | 1909478 |
| &nbsp;&nbsp;Consumers 2023 Securitization Funding LLC | Synthetic GIC Asset Fixed Income Investments | 5.210% | 09/01/2030 | 3620000 | par | (1) | 3733292 |
| &nbsp;&nbsp;Consumers Energy Co | Synthetic GIC Asset Fixed Income Investments | 3.800% | 11/15/2028 | 330000 | par | (1) | 328914 |
| &nbsp;&nbsp;Cooperatieve Rabobank UA | Synthetic GIC Asset Fixed Income Investments | 1.106% | 02/24/2027 | 1500000 | par | (1) | 1493432 |
| &nbsp;&nbsp;Cooperatieve Rabobank UA | Synthetic GIC Asset Fixed Income Investments | 3.649% | 04/06/2028 | 3050000 | par | (1) | 3034817 |
| &nbsp;&nbsp;Corebridge Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.900% | 09/19/2028 | 970000 | par | (1) | 1013405 |
| &nbsp;&nbsp;Corebridge Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.250% | 08/21/2028 | 700000 | par | (1) | 702027 |
| &nbsp;&nbsp;Cornell University | Synthetic GIC Asset Fixed Income Investments | 4.169% | 06/15/2030 | 1355000 | par | (1) | 1361428 |
| &nbsp;&nbsp;Coterra Energy Inc | Synthetic GIC Asset Fixed Income Investments | 3.900% | 05/15/2027 | 1700000 | par | (1) | 1693763 |
| &nbsp;&nbsp;CRH America Finance Inc | Synthetic GIC Asset Fixed Income Investments | 3.400% | 05/09/2027 | 750000 | par | (1) | 744179 |
| &nbsp;&nbsp;CRH America Finance Inc | Synthetic GIC Asset Fixed Income Investments | 3.950% | 04/04/2028 | 650000 | par | (1) | 648118 |
| &nbsp;&nbsp;CRH SMW Finance DAC | Synthetic GIC Asset Fixed Income Investments | 5.200% | 05/21/2029 | 700000 | par | (1) | 723079 |
| &nbsp;&nbsp;CRH SMW Finance DAC | Synthetic GIC Asset Fixed Income Investments | 5.125% | 01/09/2030 | 500000 | par | (1) | 515775 |
| &nbsp;&nbsp;CubeSmart LP | Synthetic GIC Asset Fixed Income Investments | 4.375% | 02/15/2029 | 700000 | par | (1) | 702262 |
| &nbsp;&nbsp;CubeSmart LP | Synthetic GIC Asset Fixed Income Investments | 3.125% | 09/01/2026 | 500000 | par | (1) | 496725 |
| &nbsp;&nbsp;CVS Health Corp | Synthetic GIC Asset Fixed Income Investments | 5.000% | 02/20/2026 | 748000 | par | (1) | 748285 |
| &nbsp;&nbsp;CVS Health Corp | Synthetic GIC Asset Fixed Income Investments | 2.875% | 06/01/2026 | 1600000 | par | (1) | 1591922 |
| &nbsp;&nbsp;Daimler Truck Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 4.950% | 01/13/2028 | 750000 | par | (1) | 761295 |
| &nbsp;&nbsp;Daimler Truck Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 5.000% | 01/15/2027 | 1210000 | par | (1) | 1221744 |
| &nbsp;&nbsp;Daimler Truck Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 4.300% | 08/12/2027 | 410000 | par | (1) | 411859 |
| &nbsp;&nbsp;DBJPM 2016-C3 Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 2.632% | 08/10/2049 | 2972288 | par | (1) | 2957882 |
| &nbsp;&nbsp;Dell Equipment Finance Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.390% | 03/22/2030 | 852865 | par | (1) | 858951 |
| &nbsp;&nbsp;Dell Equipment Finance Trust 2025-2 | Synthetic GIC Asset Fixed Income Investments | 4.120% | 03/24/2031 | 2055000 | par | (1) | 2061915 |
| &nbsp;&nbsp;DLLAA 2023-1 LLC | Synthetic GIC Asset Fixed Income Investments | 5.640% | 02/22/2028 | 3209980 | par | (1) | 3244022 |
| &nbsp;&nbsp;DLLAD 2021-1 LLC | Synthetic GIC Asset Fixed Income Investments | 0.900% | 06/20/2029 | 3338194 | par | (1) | 3323866 |
| &nbsp;&nbsp;DLLST 2024-1 LLC | Synthetic GIC Asset Fixed Income Investments | 5.050% | 08/20/2027 | 1525579 | par | (1) | 1532187 |
| &nbsp;&nbsp;DOC DR LLC | Synthetic GIC Asset Fixed Income Investments | 4.300% | 03/15/2027 | 500000 | par | (1) | 500759 |
| &nbsp;&nbsp;Duke Energy Carolinas LLC | Synthetic GIC Asset Fixed Income Investments | 2.450% | 08/15/2029 | 1500000 | par | (1) | 1421055 |
| &nbsp;&nbsp;Duke Energy Florida LLC | Synthetic GIC Asset Fixed Income Investments | 4.200% | 12/01/2030 | 310000 | par | (1) | 310447 |
| &nbsp;&nbsp;Eastman Chemical Co | Synthetic GIC Asset Fixed Income Investments | 5.000% | 08/01/2029 | 1050000 | par | (1) | 1071781 |
| &nbsp;&nbsp;Eastman Chemical Co | Synthetic GIC Asset Fixed Income Investments | 4.500% | 12/01/2028 | 1200000 | par | (1) | 1209421 |
| &nbsp;&nbsp;eBay Inc | Synthetic GIC Asset Fixed Income Investments | 4.250% | 03/06/2029 | 740000 | par | (1) | 742595 |
| &nbsp;&nbsp;ECMC Group Student Loan Trust 2021-1 | Synthetic GIC Asset Fixed Income Investments | 4.559% | 11/25/2070 | 265508 | par | (1) | 262713 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;ELM Trust 2024-ELM | Synthetic GIC Asset Fixed Income Investments | 5.801% | 06/10/2039 | 2085000 | par | (1) | 2096078 |
| &nbsp;&nbsp;ELM Trust 2024-ELM | Synthetic GIC Asset Fixed Income Investments | 5.801% | 06/10/2039 | 1940000 | par | (1) | 1950307 |
| &nbsp;&nbsp;EMD Finance LLC | Synthetic GIC Asset Fixed Income Investments | 4.125% | 08/15/2028 | 1380000 | par | (1) | 1383504 |
| &nbsp;&nbsp;Empire State Development Corp | Synthetic GIC Asset Fixed Income Investments | 3.170% | 03/15/2026 | 275000 | par | (1) | 274648 |
| &nbsp;&nbsp;Enbridge Inc | Synthetic GIC Asset Fixed Income Investments | 5.250% | 04/05/2027 | 745000 | par | (1) | 755372 |
| &nbsp;&nbsp;Enbridge Inc | Synthetic GIC Asset Fixed Income Investments | 3.700% | 07/15/2027 | 800000 | par | (1) | 795950 |
| &nbsp;&nbsp;Enbridge Inc | Synthetic GIC Asset Fixed Income Investments | 4.600% | 06/20/2028 | 210000 | par | (1) | 212239 |
| &nbsp;&nbsp;Energy Transfer LP | Synthetic GIC Asset Fixed Income Investments | 4.400% | 03/15/2027 | 500000 | par | (1) | 501583 |
| &nbsp;&nbsp;Energy Transfer LP | Synthetic GIC Asset Fixed Income Investments | 6.050% | 12/01/2026 | 1930000 | par | (1) | 1961119 |
| &nbsp;&nbsp;Entergy Arkansas LLC | Synthetic GIC Asset Fixed Income Investments | 4.000% | 06/01/2028 | 1700000 | par | (1) | 1702635 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2023-3 LLC | Synthetic GIC Asset Fixed Income Investments | 6.400% | 03/20/2030 | 2338387 | par | (1) | 2367149 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2024-2 LLC | Synthetic GIC Asset Fixed Income Investments | 5.610% | 04/20/2028 | 2020000 | par | (1) | 2054360 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2024-3 LLC | Synthetic GIC Asset Fixed Income Investments | 4.980% | 08/21/2028 | 2885000 | par | (1) | 2925808 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2025-2 LLC | Synthetic GIC Asset Fixed Income Investments | 4.410% | 06/20/2029 | 3300000 | par | (1) | 3334805 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2025-3 LLC | Synthetic GIC Asset Fixed Income Investments | 4.460% | 09/20/2029 | 2505000 | par | (1) | 2536906 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2025-4 LLC | Synthetic GIC Asset Fixed Income Investments | 4.110% | 12/20/2029 | 4015000 | par | (1) | 4033043 |
| &nbsp;&nbsp;Enterprise Products Operating LLC | Synthetic GIC Asset Fixed Income Investments | 4.300% | 06/20/2028 | 1370000 | par | (1) | 1382185 |
| &nbsp;&nbsp;EOG Resources Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 07/15/2028 | 510000 | par | (1) | 515869 |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 5.100% | 12/15/2027 | 1500000 | par | (1) | 1528655 |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 5.100% | 06/01/2028 | 715000 | par | (1) | 730747 |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 4.800% | 09/15/2029 | 390000 | par | (1) | 396557 |
| &nbsp;&nbsp;Ethiopian Leasing 2012 LLC | Synthetic GIC Asset Fixed Income Investments | 2.566% | 08/14/2026 | 576688 | par | (1) | 570030 |
| &nbsp;&nbsp;Ethiopian Leasing 2012 LLC | Synthetic GIC Asset Fixed Income Investments | 2.646% | 05/12/2026 | 103191 | par | (1) | 102776 |
| &nbsp;&nbsp;Evergy Kansas Central Inc | Synthetic GIC Asset Fixed Income Investments | 4.700% | 03/13/2028 | 1350000 | par | (1) | 1371024 |
| &nbsp;&nbsp;EXIM Bank of the United States | Synthetic GIC Asset Fixed Income Investments | 2.329% | 01/14/2027 | 96591 | par | (1) | 94426 |
| &nbsp;&nbsp;EXIM Bank of the United States | Synthetic GIC Asset Fixed Income Investments | 2.372% | 03/19/2027 | 117647 | par | (1) | 116062 |
| &nbsp;&nbsp;Experian Finance PLC | Synthetic GIC Asset Fixed Income Investments | 4.250% | 02/01/2029 | 1400000 | par | (1) | 1403966 |
| &nbsp;&nbsp;Extended Stay America Trust 2025-ESH | Synthetic GIC Asset Fixed Income Investments | 5.050% | 10/15/2042 | 2120000 | par | (1) | 2123309 |
| &nbsp;&nbsp;Extra Space Storage LP | Synthetic GIC Asset Fixed Income Investments | 5.700% | 04/01/2028 | 400000 | par | (1) | 413378 |
| &nbsp;&nbsp;Extra Space Storage LP | Synthetic GIC Asset Fixed Income Investments | 3.900% | 04/01/2029 | 1000000 | par | (1) | 988632 |
| &nbsp;&nbsp;Extra Space Storage LP | Synthetic GIC Asset Fixed Income Investments | 3.500% | 07/01/2026 | 1130000 | par | (1) | 1126537 |
| &nbsp;&nbsp;Fannie Mae Grantor Trust 2004-T2 | Synthetic GIC Asset Fixed Income Investments | 6.000% | 11/25/2043 | 205066 | par | (1) | 210829 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2045 | 117180 | par | (1) | 121932 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2045 | 29899 | par | (1) | 30948 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2045 | 118557 | par | (1) | 123350 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.233% | 07/01/2045 | 35437 | par | (1) | 36838 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.225% | 06/01/2045 | 12451 | par | (1) | 12943 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.600% | 04/01/2045 | 63760 | par | (1) | 65971 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.600% | 04/01/2045 | 179519 | par | (1) | 186644 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.586% | 02/01/2045 | 162540 | par | (1) | 169601 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 10/01/2044 | 36650 | par | (1) | 38178 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 09/01/2044 | 5811 | par | (1) | 6044 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.340% | 08/01/2044 | 67999 | par | (1) | 71239 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.250% | 08/01/2044 | 55035 | par | (1) | 57309 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.340% | 08/01/2044 | 30865 | par | (1) | 31974 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.321% | 08/01/2044 | 221998 | par | (1) | 231073 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.637% | 03/01/2042 | 18987 | par | (1) | 19700 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.297% | 11/01/2041 | 35853 | par | (1) | 37158 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.334% | 11/01/2041 | 70066 | par | (1) | 73583 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.500% | 10/01/2041 | 79239 | par | (1) | 82305 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.815% | 02/01/2041 | 2200 | par | (1) | 2280 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.486% | 05/01/2036 | 87323 | par | (1) | 86598 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.375% | 05/01/2037 | 79670 | par | (1) | 82099 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.625% | 05/01/2038 | 89379 | par | (1) | 92530 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.247% | 08/01/2034 | 20355 | par | (1) | 21051 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.944% | 06/01/2034 | 321147 | par | (1) | 330597 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.908% | 05/01/2034 | 17990 | par | (1) | 18582 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.178% | 03/01/2034 | 46757 | par | (1) | 48031 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.882% | 12/01/2033 | 71729 | par | (1) | 73255 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.781% | 10/01/2033 | 146421 | par | (1) | 148600 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.211% | 08/01/2033 | 36344 | par | (1) | 37242 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.255% | 08/01/2033 | 72501 | par | (1) | 73923 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.901% | 08/01/2035 | 27490 | par | (1) | 27938 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.987% | 06/01/2033 | 205498 | par | (1) | 209754 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.215% | 11/01/2032 | 178493 | par | (1) | 174952 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.653% | 10/01/2032 | 83783 | par | (1) | 83053 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.090% | 01/01/2029 | 4120000 | par | (1) | 4246538 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.281% | 06/01/2047 | 231641 | par | (1) | 241132 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.326% | 06/01/2047 | 224845 | par | (1) | 233965 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.277% | 07/01/2047 | 123312 | par | (1) | 128353 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.180% | 12/01/2028 | 2200000 | par | (1) | 2270825 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.360% | 07/01/2047 | 180061 | par | (1) | 186096 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.469% | 07/01/2047 | 23669 | par | (1) | 24685 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 09/01/2047 | 183617 | par | (1) | 191636 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.330% | 12/01/2028 | 5110000 | par | (1) | 5300169 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.540% | 12/01/2027 | 5600000 | par | (1) | 5750506 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.094% | 11/01/2047 | 261852 | par | (1) | 272550 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.920% | 10/01/2028 | 8510000 | par | (1) | 8720793 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.451% | 05/01/2047 | 101680 | par | (1) | 105861 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.563% | 02/01/2048 | 208440 | par | (1) | 216407 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.380% | 10/01/2028 | 7260000 | par | (1) | 7529753 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.565% | 05/01/2048 | 449027 | par | (1) | 466849 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.790% | 03/01/2028 | 1630000 | par | (1) | 1645765 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.187% | 11/01/2048 | 61375 | par | (1) | 63717 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.340% | 07/01/2046 | 86021 | par | (1) | 89488 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.989% | 01/01/2049 | 189699 | par | (1) | 196873 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.225% | 12/01/2046 | 86518 | par | (1) | 89953 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 08/01/2056 | 1151583 | par | (1) | 1161404 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 08/01/2027 | 92209 | par | (1) | 91145 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.054% | 08/01/2049 | 1140753 | par | (1) | 1165940 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.038% | 08/01/2049 | 593761 | par | (1) | 607605 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.777% | 11/01/2049 | 1442778 | par | (1) | 1463054 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.851% | 11/01/2049 | 479083 | par | (1) | 486060 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.839% | 11/01/2049 | 284595 | par | (1) | 288743 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.841% | 12/01/2049 | 236160 | par | (1) | 239273 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 11/01/2027 | 476296 | par | (1) | 470219 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.628% | 12/01/2049 | 630932 | par | (1) | 637843 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.743% | 12/01/2049 | 684597 | par | (1) | 692654 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.669% | 01/01/2050 | 1808511 | par | (1) | 1826012 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.738% | 01/01/2050 | 1587632 | par | (1) | 1603757 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.075% | 05/01/2052 | 391717 | par | (1) | 380959 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.543% | 06/01/2052 | 3859152 | par | (1) | 3704176 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.595% | 07/01/2052 | 2053064 | par | (1) | 2019757 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.779% | 06/01/2052 | 669225 | par | (1) | 661702 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.846% | 07/01/2052 | 855025 | par | (1) | 846672 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.089% | 08/01/2052 | 2999203 | par | (1) | 2986631 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 02/01/2033 | 12548 | par | (1) | 12877 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.471% | 06/01/2052 | 3317053 | par | (1) | 3181634 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.144% | 06/01/2053 | 7293845 | par | (1) | 7439948 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.203% | 12/01/2052 | 500271 | par | (1) | 509860 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.846% | 12/01/2052 | 2684372 | par | (1) | 2716716 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.098% | 11/01/2052 | 808446 | par | (1) | 822345 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.481% | 09/01/2052 | 4725033 | par | (1) | 4648794 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.570% | 10/01/2052 | 3273523 | par | (1) | 3294641 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.528% | 08/01/2052 | 2205656 | par | (1) | 2218491 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.687% | 10/01/2052 | 1052425 | par | (1) | 1061654 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 07/01/2034 | 177641 | par | (1) | 171289 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 07/01/2034 | 831008 | par | (1) | 806852 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.100% | 11/01/2045 | 162306 | par | (1) | 168806 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.975% | 12/01/2045 | 35367 | par | (1) | 36771 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 08/01/2027 | 44785 | par | (1) | 44250 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 09/01/2027 | 65542 | par | (1) | 64979 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 02/01/2027 | 47088 | par | (1) | 46765 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 12/01/2026 | 64261 | par | (1) | 63750 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 05/01/2031 | 179676 | par | (1) | 176201 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 04/01/2031 | 829732 | par | (1) | 813431 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 02/01/2031 | 75211 | par | (1) | 73734 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 02/01/2031 | 105056 | par | (1) | 103178 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 08/01/2027 | 226022 | par | (1) | 224109 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 09/01/2036 | 114434 | par | (1) | 117570 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.360% | 10/01/2046 | 127511 | par | (1) | 132844 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 02/01/2036 | 23229 | par | (1) | 23536 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/01/2033 | 55813 | par | (1) | 57144 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 02/01/2034 | 278230 | par | (1) | 278586 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 02/01/2034 | 411169 | par | (1) | 411680 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 06/01/2035 | 155384 | par | (1) | 157627 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 10/01/2035 | 77217 | par | (1) | 79359 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 08/01/2029 | 2318697 | par | (1) | 2383766 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.280% | 02/01/2030 | 1350000 | par | (1) | 1362883 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.441% | 06/01/2047 | 113493 | par | (1) | 118098 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.360% | 01/01/2030 | 840000 | par | (1) | 850521 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.255% | 01/01/2030 | 290000 | par | (1) | 292495 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.350% | 12/01/2029 | 1740000 | par | (1) | 1757852 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.320% | 01/01/2030 | 1890000 | par | (1) | 1910847 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.300% | 01/01/2030 | 350000 | par | (1) | 353599 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.325% | 01/01/2030 | 2840000 | par | (1) | 2866588 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.297% | 11/01/2046 | 263075 | par | (1) | 273391 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.095% | 11/01/2046 | 50545 | par | (1) | 52613 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.197% | 10/01/2046 | 129073 | par | (1) | 134426 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.515% | 12/01/2029 | 6520000 | par | (1) | 6618478 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.860% | 01/01/2030 | 5110000 | par | (1) | 5256034 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.340% | 01/01/2030 | 1450000 | par | (1) | 1467078 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.860% | 01/01/2030 | 2120000 | par | (1) | 2180585 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.630% | 01/01/2030 | 3025000 | par | (1) | 3085494 |
| &nbsp;&nbsp;Fannie Mae REMIC Trust 2002-W12 | Synthetic GIC Asset Fixed Income Investments | 5.066% | 02/25/2033 | 518 | par | (1) | 517 |
| &nbsp;&nbsp;Fannie Mae REMIC Trust 2003-W11 | Synthetic GIC Asset Fixed Income Investments | 7.112% | 07/25/2033 | 9871 | par | (1) | 9889 |
| &nbsp;&nbsp;Fannie Mae REMIC Trust 2004-W11 | Synthetic GIC Asset Fixed Income Investments | 7.000% | 05/25/2044 | 272653 | par | (1) | 277202 |
| &nbsp;&nbsp;Fannie Mae REMICS | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/25/2035 | 584606 | par | (1) | 611759 |
| &nbsp;&nbsp;Fannie Mae REMICS | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/25/2035 | 577688 | par | (1) | 600663 |
| &nbsp;&nbsp;Fannie Mae REMICS | Synthetic GIC Asset Fixed Income Investments | 2.500% | 03/25/2037 | 10188 | par | (1) | 9872 |
| &nbsp;&nbsp;Fannie Mae Trust 2003-W6 | Synthetic GIC Asset Fixed Income Investments | 6.500% | 09/25/2042 | 76027 | par | (1) | 78527 |
| &nbsp;&nbsp;Fannie Mae Trust 2004-W1 | Synthetic GIC Asset Fixed Income Investments | 7.000% | 12/25/2033 | 163449 | par | (1) | 172141 |
| &nbsp;&nbsp;Federal Realty OP LP | Synthetic GIC Asset Fixed Income Investments | 5.375% | 05/01/2028 | 1699000 | par | (1) | 1742119 |
| &nbsp;&nbsp;Federal Realty OP LP | Synthetic GIC Asset Fixed Income Investments | 3.250% | 07/15/2027 | 1230000 | par | (1) | 1215512 |

---

&nbsp;&nbsp;&nbsp;&nbsp;23&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;FedEx Corp | Synthetic GIC Asset Fixed Income Investments | 3.400% | 02/15/2028 | 1560000 | par | (1) | 1537795 |
| &nbsp;&nbsp;FedEx Corp | Synthetic GIC Asset Fixed Income Investments | 3.100% | 08/05/2029 | 738000 | par | (1) | 709819 |
| &nbsp;&nbsp;Fifth Third Auto Trust 2023-1 | Synthetic GIC Asset Fixed Income Investments | 5.530% | 08/15/2028 | 2770268 | par | (1) | 2793236 |
| &nbsp;&nbsp;Fifth Third Bancorp | Synthetic GIC Asset Fixed Income Investments | 4.055% | 04/25/2028 | 350000 | par | (1) | 349734 |
| &nbsp;&nbsp;Fifth Third Bank NA | Synthetic GIC Asset Fixed Income Investments | 3.850% | 03/15/2026 | 1535000 | par | (1) | 1533798 |
| &nbsp;&nbsp;Fifth Third Bank NA | Synthetic GIC Asset Fixed Income Investments | 4.967% | 01/28/2028 | 970000 | par | (1) | 979213 |
| &nbsp;&nbsp;FirstEnergy Pennsylvania Electric Co | Synthetic GIC Asset Fixed Income Investments | 5.150% | 03/30/2026 | 380000 | par | (1) | 380901 |
| &nbsp;&nbsp;Fiserv Inc | Synthetic GIC Asset Fixed Income Investments | 4.200% | 10/01/2028 | 2000000 | par | (1) | 1995526 |
| &nbsp;&nbsp;Fiserv Inc | Synthetic GIC Asset Fixed Income Investments | 3.500% | 07/01/2029 | 550000 | par | (1) | 533724 |
| &nbsp;&nbsp;FMC Corp | Synthetic GIC Asset Fixed Income Investments | 3.200% | 10/01/2026 | 1140000 | par | (1) | 1128405 |
| &nbsp;&nbsp;Ford Credit Auto Lease Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.230% | 12/15/2028 | 2675000 | par | (1) | 2692639 |
| &nbsp;&nbsp;Ford Credit Auto Owner Trust 2022-REV1 | Synthetic GIC Asset Fixed Income Investments | 3.880% | 11/15/2034 | 1915000 | par | (1) | 1915308 |
| &nbsp;&nbsp;Ford Credit Auto Owner Trust 2023-C | Synthetic GIC Asset Fixed Income Investments | 5.530% | 09/15/2028 | 3404718 | par | (1) | 3439500 |
| &nbsp;&nbsp;Ford Credit Auto Owner Trust 2024-C | Synthetic GIC Asset Fixed Income Investments | 4.070% | 07/15/2029 | 3845000 | par | (1) | 3857039 |
| &nbsp;&nbsp;Ford Credit Auto Owner Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.450% | 10/15/2029 | 1805000 | par | (1) | 1823072 |
| &nbsp;&nbsp;Ford Credit Floorplan Master Owner Trust A | Synthetic GIC Asset Fixed Income Investments | 5.290% | 04/15/2029 | 2205000 | par | (1) | 2244106 |
| &nbsp;&nbsp;Ford Credit Floorplan Master Owner Trust A | Synthetic GIC Asset Fixed Income Investments | 4.060% | 09/15/2030 | 1825000 | par | (1) | 1830962 |
| &nbsp;&nbsp;Ford Motor Credit Co LLC | Synthetic GIC Asset Fixed Income Investments | 5.125% | 11/05/2026 | 1340000 | par | (1) | 1347378 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 08/01/2027 | 151423 | par | (1) | 150224 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 10/01/2026 | 13604 | par | (1) | 13532 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 08/01/2038 | 292383 | par | (1) | 309672 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 08/01/2038 | 616078 | par | (1) | 652511 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 12/01/2033 | 40537 | par | (1) | 41166 |
| &nbsp;&nbsp;Freddie Mac Multifam Struct PT Cert | Synthetic GIC Asset Fixed Income Investments | 5.985% | 01/25/2046 | 121937 | par | (1) | 121486 |
| &nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | Synthetic GIC Asset Fixed Income Investments | 4.850% | 09/25/2028 | 8850000 | par | (1) | 9071259 |
| &nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | Synthetic GIC Asset Fixed Income Investments | 4.865% | 11/25/2029 | 8122913 | par | (1) | 8136771 |
| &nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | Synthetic GIC Asset Fixed Income Investments | 4.860% | 10/25/2028 | 2910000 | par | (1) | 2980495 |
| &nbsp;&nbsp;Freddie Mac Multifamily Structured PT Cert | Synthetic GIC Asset Fixed Income Investments | 4.950% | 11/25/2054 | 4158011 | par | (1) | 4219204 |
| &nbsp;&nbsp;Freddie Mac Multifamily Structured PT Certificates | Synthetic GIC Asset Fixed Income Investments | 6.393% | 10/25/2047 | 116463 | par | (1) | 116497 |
| &nbsp;&nbsp;Freddie Mac Multifamily Structured PT Certificates | Synthetic GIC Asset Fixed Income Investments | 1.235% | 05/25/2051 | 985093 | par | (1) | 977379 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 5.011% | 09/01/2053 | 7446690 | par | (1) | 7548062 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 5.608% | 04/01/2053 | 4203359 | par | (1) | 4285543 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.860% | 12/01/2052 | 3130376 | par | (1) | 3161464 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.571% | 11/01/2052 | 359655 | par | (1) | 361085 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.885% | 04/01/2038 | 153441 | par | (1) | 159764 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.288% | 06/01/2047 | 146991 | par | (1) | 152729 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.265% | 07/01/2047 | 12976 | par | (1) | 13467 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.390% | 08/01/2047 | 42880 | par | (1) | 44632 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.380% | 10/01/2047 | 78929 | par | (1) | 82159 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.625% | 08/01/2035 | 3124 | par | (1) | 3197 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.745% | 05/01/2038 | 14523 | par | (1) | 14970 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 5.890% | 06/01/2036 | 36948 | par | (1) | 37735 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.645% | 09/01/2037 | 169223 | par | (1) | 176002 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.005% | 11/01/2047 | 165781 | par | (1) | 172090 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.130% | 11/01/2047 | 51159 | par | (1) | 53177 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.523% | 01/01/2047 | 318154 | par | (1) | 329858 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.543% | 05/01/2048 | 97948 | par | (1) | 101439 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.265% | 01/01/2041 | 20066 | par | (1) | 20746 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.024% | 11/01/2046 | 19286 | par | (1) | 20127 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.706% | 02/01/2042 | 7350 | par | (1) | 7594 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.555% | 05/01/2047 | 52225 | par | (1) | 54263 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.356% | 10/01/2046 | 142806 | par | (1) | 148588 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.553% | 05/01/2042 | 143098 | par | (1) | 149118 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.444% | 07/01/2042 | 47643 | par | (1) | 49314 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.500% | 08/01/2042 | 18122 | par | (1) | 18740 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.500% | 09/01/2042 | 65966 | par | (1) | 68725 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 2.871% | 03/01/2046 | 69412 | par | (1) | 71333 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.390% | 08/01/2043 | 85997 | par | (1) | 89614 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.296% | 10/01/2043 | 174702 | par | (1) | 181803 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.539% | 05/01/2044 | 124193 | par | (1) | 129006 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.556% | 02/01/2046 | 23708 | par | (1) | 24571 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.600% | 05/01/2044 | 128740 | par | (1) | 133827 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.279% | 06/01/2044 | 63671 | par | (1) | 65715 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2044 | 67662 | par | (1) | 70309 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.258% | 10/01/2046 | 309214 | par | (1) | 321544 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.214% | 10/01/2046 | 64929 | par | (1) | 67497 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.445% | 12/01/2042 | 33364 | par | (1) | 34506 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.251% | 06/01/2049 | 267764 | par | (1) | 273940 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.215% | 07/01/2049 | 606349 | par | (1) | 623636 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.108% | 11/01/2045 | 932718 | par | (1) | 968314 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.461% | 01/01/2043 | 77447 | par | (1) | 80578 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.611% | 04/01/2046 | 116164 | par | (1) | 120620 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.029% | 12/01/2044 | 105191 | par | (1) | 108879 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.510% | 01/01/2045 | 86583 | par | (1) | 89522 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.547% | 02/01/2046 | 190298 | par | (1) | 197931 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.600% | 04/01/2045 | 95978 | par | (1) | 99830 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.600% | 05/01/2045 | 91459 | par | (1) | 95300 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.493% | 07/01/2052 | 3150289 | par | (1) | 3082076 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.505% | 03/01/2046 | 88262 | par | (1) | 91544 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.390% | 01/01/2046 | 61164 | par | (1) | 63363 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.995% | 08/01/2052 | 4226763 | par | (1) | 4186452 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.306% | 06/01/2045 | 10485 | par | (1) | 10876 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.310% | 07/01/2045 | 260073 | par | (1) | 269901 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2045 | 69878 | par | (1) | 72546 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2045 | 16932 | par | (1) | 17578 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.336% | 08/01/2045 | 459385 | par | (1) | 477018 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.662% | 08/01/2052 | 4619822 | par | (1) | 4540019 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.370% | 08/01/2045 | 21115 | par | (1) | 21993 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.130% | 11/01/2045 | 145234 | par | (1) | 150788 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.130% | 10/01/2045 | 29307 | par | (1) | 30475 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.043% | 09/01/2052 | 5733935 | par | (1) | 5686544 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.148% | 09/01/2052 | 1719666 | par | (1) | 1708688 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.370% | 09/01/2045 | 75207 | par | (1) | 78151 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.697% | 09/01/2052 | 299368 | par | (1) | 301318 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.286% | 10/01/2052 | 2654078 | par | (1) | 2646697 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 07/01/2034 | 801711 | par | (1) | 777874 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 948332 | par | (1) | 924470 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 1698455 | par | (1) | 1655717 |
| &nbsp;&nbsp;Freddie Mac REMICS | Synthetic GIC Asset Fixed Income Investments | 3.000% | 12/15/2044 | 11970 | par | (1) | 11495 |
| &nbsp;&nbsp;Freddie Mac Struct PT Cert | Synthetic GIC Asset Fixed Income Investments | 5.231% | 05/25/2043 | 1495870 | par | (1) | 1427951 |
| &nbsp;&nbsp;Freddie Struct PT Cert | Synthetic GIC Asset Fixed Income Investments | 7.000% | 07/25/2043 | 114142 | par | (1) | 121342 |
| &nbsp;&nbsp;GE HealthCare Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.150% | 12/15/2028 | 240000 | par | (1) | 240774 |
| &nbsp;&nbsp;GE HealthCare Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 5.650% | 11/15/2027 | 1680000 | par | (1) | 1729809 |
| &nbsp;&nbsp;General Mills Inc | Synthetic GIC Asset Fixed Income Investments | 4.200% | 04/17/2028 | 1560000 | par | (1) | 1565419 |
| &nbsp;&nbsp;General Motors Financial Co Inc | Synthetic GIC Asset Fixed Income Investments | 2.400% | 04/10/2028 | 680000 | par | (1) | 654701 |
| &nbsp;&nbsp;General Motors Financial Co Inc | Synthetic GIC Asset Fixed Income Investments | 5.050% | 04/04/2028 | 1030000 | par | (1) | 1049297 |
| &nbsp;&nbsp;General Motors Financial Co Inc | Synthetic GIC Asset Fixed Income Investments | 5.400% | 05/08/2027 | 1680000 | par | (1) | 1707693 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.625% | 10/20/2045 | 56613 | par | (1) | 57934 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 5.625% | 03/20/2042 | 35561 | par | (1) | 36247 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 5.625% | 04/20/2042 | 117437 | par | (1) | 119861 |
| &nbsp;&nbsp;Ginnie Mae II Pool | Synthetic GIC Asset Fixed Income Investments | 4.600% | 01/20/2067 | 175 | par | (1) | 175 |
| &nbsp;&nbsp;Ginnie Mae II Pool | Synthetic GIC Asset Fixed Income Investments | 4.600% | 12/20/2066 | 383 | par | (1) | 384 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.740% | 06/20/2061 | 288 | par | (1) | 286 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.625% | 12/20/2045 | 17448 | par | (1) | 17856 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.539% | 03/20/2058 | 19694 | par | (1) | 19803 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.860% | 05/20/2058 | 111265 | par | (1) | 111317 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 5.470% | 08/20/2059 | 2144 | par | (1) | 2140 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 5.040% | 06/20/2058 | 13760 | par | (1) | 13938 |
| &nbsp;&nbsp;GM Financial Consumer Auto Rec Trust 2024-3 | Synthetic GIC Asset Fixed Income Investments | 5.130% | 04/16/2029 | 2575000 | par | (1) | 2602205 |
| &nbsp;&nbsp;GM Financial Consumer Automobile Rec Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 4.850% | 12/18/2028 | 3581180 | par | (1) | 3603040 |
| &nbsp;&nbsp;GMF Floorplan Owner Revolving Trust | Synthetic GIC Asset Fixed Income Investments | 5.340% | 06/15/2028 | 4025000 | par | (1) | 4049098 |
| &nbsp;&nbsp;GNMA | Synthetic GIC Asset Fixed Income Investments | 4.764% | 10/20/2065 | 604250 | par | (1) | 605155 |
| &nbsp;&nbsp;GNMA | Synthetic GIC Asset Fixed Income Investments | 5.114% | 12/20/2066 | 653505 | par | (1) | 657757 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Goldman Sachs Group Inc | Synthetic GIC Asset Fixed Income Investments | 1.431% | 03/09/2027 | 1000000 | par | (1) | 994905 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 4.223% | 05/01/2029 | 800000 | par | (1) | 801862 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 2.640% | 02/24/2028 | 3405000 | par | (1) | 3352192 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 4.482% | 08/23/2028 | 700000 | par | (1) | 705007 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 1.542% | 09/10/2027 | 2100000 | par | (1) | 2063410 |
| &nbsp;&nbsp;Government National Mortgage Association | Synthetic GIC Asset Fixed Income Investments | 5.014% | 01/20/2066 | 466345 | par | (1) | 468589 |
| &nbsp;&nbsp;Great Wolf Trust 2024-WLF2 A | Synthetic GIC Asset Fixed Income Investments | 5.441% | 05/15/2041 | 2204000 | par | (1) | 2210136 |
| &nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS5 | Synthetic GIC Asset Fixed Income Investments | 3.409% | 03/10/2050 | 662699 | par | (1) | 657394 |
| &nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS6 | Synthetic GIC Asset Fixed Income Investments | 3.164% | 05/10/2050 | 4106604 | par | (1) | 4050857 |
| &nbsp;&nbsp;GS Mortgage Securities Trust 2019-GC42 | Synthetic GIC Asset Fixed Income Investments | 2.749% | 09/10/2052 | 2265000 | par | (1) | 2152006 |
| &nbsp;&nbsp;GSK Consumer Healthcare Capital UK PLC | Synthetic GIC Asset Fixed Income Investments | 3.375% | 03/24/2027 | 1400000 | par | (1) | 1389990 |
| &nbsp;&nbsp;Guardian Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 1.625% | 09/16/2028 | 1200000 | par | (1) | 1128133 |
| &nbsp;&nbsp;Health Care Service Corp A Mutual Legal Reserve Co | Synthetic GIC Asset Fixed Income Investments | 5.200% | 06/15/2029 | 900000 | par | (1) | 923151 |
| &nbsp;&nbsp;HEALTHPARTNERS | Synthetic GIC Asset Fixed Income Investments | 4.089% | 07/01/2026 | 1000000 | par | (1) | 1000220 |
| &nbsp;&nbsp;Healthpeak OP LLC | Synthetic GIC Asset Fixed Income Investments | 2.125% | 12/01/2028 | 700000 | par | (1) | 661403 |
| &nbsp;&nbsp;Healthpeak OP LLC | Synthetic GIC Asset Fixed Income Investments | 3.500% | 07/15/2029 | 1500000 | par | (1) | 1458995 |
| &nbsp;&nbsp;Hewlett Packard Enterprise Co | Synthetic GIC Asset Fixed Income Investments | 4.400% | 09/25/2027 | 1330000 | par | (1) | 1336710 |
| &nbsp;&nbsp;Hewlett Packard Enterprise Co | Synthetic GIC Asset Fixed Income Investments | 4.050% | 09/15/2027 | 920000 | par | (1) | 920276 |
| &nbsp;&nbsp;Hewlett Packard Enterprise Co | Synthetic GIC Asset Fixed Income Investments | 4.150% | 09/15/2028 | 1215000 | par | (1) | 1216491 |
| &nbsp;&nbsp;HNA 2015 LLC | Synthetic GIC Asset Fixed Income Investments | 2.291% | 06/30/2027 | 464429 | par | (1) | 456199 |
| &nbsp;&nbsp;Honda Auto Receivables 2022-2 Owner Trust | Synthetic GIC Asset Fixed Income Investments | 3.760% | 12/18/2028 | 1002859 | par | (1) | 1002699 |
| &nbsp;&nbsp;Honda Auto Receivables 2023-4 Owner Trust | Synthetic GIC Asset Fixed Income Investments | 5.660% | 02/21/2030 | 635000 | par | (1) | 647852 |
| &nbsp;&nbsp;Honda Auto Receivables 2024-3 Owner Trust | Synthetic GIC Asset Fixed Income Investments | 4.570% | 03/21/2029 | 5200000 | par | (1) | 5239598 |
| &nbsp;&nbsp;Honda Auto Receivables 2025-2 Owner Trust | Synthetic GIC Asset Fixed Income Investments | 4.150% | 10/15/2029 | 2805000 | par | (1) | 2822444 |
| &nbsp;&nbsp;Honda Motor Co Ltd | Synthetic GIC Asset Fixed Income Investments | 4.436% | 07/08/2028 | 2010000 | par | (1) | 2030140 |
| &nbsp;&nbsp;Honolulu City & County Board of Water Supply | Synthetic GIC Asset Fixed Income Investments | 1.600% | 07/01/2028 | 2000000 | par | (1) | 1902440 |
| &nbsp;&nbsp;HP Inc | Synthetic GIC Asset Fixed Income Investments | 4.750% | 01/15/2028 | 1340000 | par | (1) | 1355020 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 4.041% | 03/13/2028 | 1500000 | par | (1) | 1498068 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 2.013% | 09/22/2028 | 1700000 | par | (1) | 1640935 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 2.206% | 08/17/2029 | 800000 | par | (1) | 761194 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 4.899% | 03/03/2029 | 1800000 | par | (1) | 1826798 |
| &nbsp;&nbsp;Huntington Auto Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.230% | 01/16/2029 | 4223670 | par | (1) | 4264918 |
| &nbsp;&nbsp;Huntington National Bank/The | Synthetic GIC Asset Fixed Income Investments | 4.552% | 05/17/2028 | 1895000 | par | (1) | 1906442 |
| &nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2024-C | Synthetic GIC Asset Fixed Income Investments | 4.620% | 04/17/2028 | 4725000 | par | (1) | 4754616 |
| &nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.830% | 01/18/2028 | 1935000 | par | (1) | 1954611 |
| &nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.530% | 04/17/2028 | 2775000 | par | (1) | 2800183 |
| &nbsp;&nbsp;Hyundai Auto Lease Securitization Trust 2025-C | Synthetic GIC Asset Fixed Income Investments | 4.360% | 07/17/2028 | 3175000 | par | (1) | 3201111 |
| &nbsp;&nbsp;Hyundai Auto Receivables Trust 2023-C | Synthetic GIC Asset Fixed Income Investments | 5.540% | 10/16/2028 | 3055520 | par | (1) | 3086317 |
| &nbsp;&nbsp;Hyundai Auto Receivables Trust 2024-A | Synthetic GIC Asset Fixed Income Investments | 4.990% | 02/15/2029 | 2678053 | par | (1) | 2700988 |
| &nbsp;&nbsp;Hyundai Auto Receivables Trust 2024-B | Synthetic GIC Asset Fixed Income Investments | 4.840% | 03/15/2029 | 1970000 | par | (1) | 1992066 |
| &nbsp;&nbsp;Hyundai Auto Receivables Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.320% | 10/15/2029 | 1245000 | par | (1) | 1254305 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Hyundai Auto Receivables Trust 2025-D | Synthetic GIC Asset Fixed Income Investments | 3.990% | 09/16/2030 | 4645000 | par | (1) | 4663845 |
| &nbsp;&nbsp;Hyundai Capital America | Synthetic GIC Asset Fixed Income Investments | 4.300% | 09/24/2027 | 1060000 | par | (1) | 1063184 |
| &nbsp;&nbsp;Hyundai Capital America | Synthetic GIC Asset Fixed Income Investments | 5.000% | 01/07/2028 | 1570000 | par | (1) | 1595043 |
| &nbsp;&nbsp;Hyundai Floorplan Master Owner Trust | Synthetic GIC Asset Fixed Income Investments | 4.010% | 10/15/2030 | 1785000 | par | (1) | 1789293 |
| &nbsp;&nbsp;Ingredion Inc | Synthetic GIC Asset Fixed Income Investments | 3.200% | 10/01/2026 | 1232000 | par | (1) | 1223678 |
| &nbsp;&nbsp;International Business Machines Corp | Synthetic GIC Asset Fixed Income Investments | 4.650% | 02/10/2028 | 3010000 | par | (1) | 3054828 |
| &nbsp;&nbsp;Interstate Power and Light Co | Synthetic GIC Asset Fixed Income Investments | 3.600% | 04/01/2029 | 450000 | par | (1) | 441119 |
| &nbsp;&nbsp;INTOWN 2025-STAY Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 5.100% | 03/15/2042 | 2555000 | par | (1) | 2558191 |
| &nbsp;&nbsp;JobsOhio Beverage System | Synthetic GIC Asset Fixed Income Investments | 3.985% | 01/01/2029 | 1480000 | par | (1) | 1486349 |
| &nbsp;&nbsp;John Deere Owner Trust 2023 | Synthetic GIC Asset Fixed Income Investments | 5.010% | 11/15/2027 | 376305 | par | (1) | 378036 |
| &nbsp;&nbsp;John Deere Owner Trust 2024 | Synthetic GIC Asset Fixed Income Investments | 4.960% | 11/15/2028 | 4040000 | par | (1) | 4075431 |
| &nbsp;&nbsp;John Deere Owner Trust 2024-C | Synthetic GIC Asset Fixed Income Investments | 4.060% | 06/15/2029 | 2785000 | par | (1) | 2793583 |
| &nbsp;&nbsp;John Deere Owner Trust 2025 | Synthetic GIC Asset Fixed Income Investments | 4.230% | 09/17/2029 | 1425000 | par | (1) | 1435800 |
| &nbsp;&nbsp;JPMCC Commercial Mortgage Sec Trust 2015-JP1 | Synthetic GIC Asset Fixed Income Investments | 3.914% | 01/15/2049 | 323992 | par | (1) | 322696 |
| &nbsp;&nbsp;JPMCC Commercial Mortgage Sec Trust 2022-NLP | Synthetic GIC Asset Fixed Income Investments | 4.597% | 04/15/2037 | 4362932 | par | (1) | 4309783 |
| &nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C2 | Synthetic GIC Asset Fixed Income Investments | 2.881% | 06/15/2049 | 717611 | par | (1) | 714860 |
| &nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C2 | Synthetic GIC Asset Fixed Income Investments | 3.144% | 06/15/2049 | 275000 | par | (1) | 273270 |
| &nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C4 | Synthetic GIC Asset Fixed Income Investments | 2.882% | 12/15/2049 | 2817207 | par | (1) | 2795481 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 4.323% | 04/26/2028 | 1940000 | par | (1) | 1948198 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 4.851% | 07/25/2028 | 615000 | par | (1) | 622981 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 5.040% | 01/23/2028 | 1200000 | par | (1) | 1212527 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 5.571% | 04/22/2028 | 3020000 | par | (1) | 3080397 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 4.915% | 01/24/2029 | 2165000 | par | (1) | 2205955 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 1.470% | 09/22/2027 | 1500000 | par | (1) | 1472712 |
| &nbsp;&nbsp;KeyBank NA/Cleveland OH | Synthetic GIC Asset Fixed Income Investments | 3.900% | 04/13/2029 | 1070000 | par | (1) | 1050649 |
| &nbsp;&nbsp;KeyBank NA/Cleveland OH | Synthetic GIC Asset Fixed Income Investments | 5.850% | 11/15/2027 | 760000 | par | (1) | 783037 |
| &nbsp;&nbsp;Kinder Morgan Inc | Synthetic GIC Asset Fixed Income Investments | 1.750% | 11/15/2026 | 500000 | par | (1) | 490831 |
| &nbsp;&nbsp;Kinder Morgan Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 02/01/2029 | 1570000 | par | (1) | 1607159 |
| &nbsp;&nbsp;Kubota Credit Owner Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.190% | 07/17/2028 | 3480000 | par | (1) | 3519220 |
| &nbsp;&nbsp;L3Harris Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 06/15/2028 | 990000 | par | (1) | 997642 |
| &nbsp;&nbsp;La Joya Independent School District | Synthetic GIC Asset Fixed Income Investments | 5.000% | 02/15/2027 | 2650000 | par | (1) | 2691923 |
| &nbsp;&nbsp;Laboratory Corp of America Holdings | Synthetic GIC Asset Fixed Income Investments | 3.600% | 09/01/2027 | 1540000 | par | (1) | 1533142 |
| &nbsp;&nbsp;LAD Auto Receivables Trust 2025-3 | Synthetic GIC Asset Fixed Income Investments | 4.030% | 01/15/2031 | 2650000 | par | (1) | 2660491 |
| &nbsp;&nbsp;Lennox International Inc | Synthetic GIC Asset Fixed Income Investments | 5.500% | 09/15/2028 | 1360000 | par | (1) | 1403957 |
| &nbsp;&nbsp;Life 2022-BMR Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 5.045% | 05/15/2039 | 1555000 | par | (1) | 1499633 |
| &nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | Synthetic GIC Asset Fixed Income Investments | 5.081% | 06/01/2031 | 2296567 | par | (1) | 2339972 |
| &nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | Synthetic GIC Asset Fixed Income Investments | 3.615% | 02/01/2027 | 1787295 | par | (1) | 1782523 |
| &nbsp;&nbsp;M&T Bank Auto Receivables Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.220% | 02/17/2032 | 2182118 | par | (1) | 2206086 |
| &nbsp;&nbsp;Manufacturers & Traders Trust Co | Synthetic GIC Asset Fixed Income Investments | 4.762% | 07/06/2028 | 1350000 | par | (1) | 1362439 |
| &nbsp;&nbsp;Marathon Petroleum Corp | Synthetic GIC Asset Fixed Income Investments | 3.800% | 04/01/2028 | 1640000 | par | (1) | 1630868 |
| &nbsp;&nbsp;Mars Inc | Synthetic GIC Asset Fixed Income Investments | 4.600% | 03/01/2028 | 1440000 | par | (1) | 1460111 |

---

&nbsp;&nbsp;&nbsp;&nbsp;28&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Martin Marietta Materials Inc | Synthetic GIC Asset Fixed Income Investments | 3.450% | 06/01/2027 | 1270000 | par | (1) | 1262560 |
| &nbsp;&nbsp;Masco Corp | Synthetic GIC Asset Fixed Income Investments | 3.500% | 11/15/2027 | 1195000 | par | (1) | 1182917 |
| &nbsp;&nbsp;MassMutual Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.300% | 10/22/2027 | 700000 | par | (1) | 704790 |
| &nbsp;&nbsp;MassMutual Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.850% | 01/17/2029 | 1200000 | par | (1) | 1225488 |
| &nbsp;&nbsp;Mercedes-Benz Auto Lease Trust 2024-A | Synthetic GIC Asset Fixed Income Investments | 5.320% | 01/18/2028 | 1685000 | par | (1) | 1701380 |
| &nbsp;&nbsp;Mercedes-Benz Auto Lease Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 3.880% | 04/16/2029 | 4270000 | par | (1) | 4274569 |
| &nbsp;&nbsp;Mercedes-Benz Auto Receivables Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 4.800% | 04/16/2029 | 6018919 | par | (1) | 6060919 |
| &nbsp;&nbsp;Mercedes-Benz Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 4.900% | 11/15/2027 | 830000 | par | (1) | 845253 |
| &nbsp;&nbsp;Mercedes-Benz Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 4.750% | 08/01/2027 | 1900000 | par | (1) | 1923357 |
| &nbsp;&nbsp;Met Tower Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.800% | 01/14/2028 | 1490000 | par | (1) | 1514858 |
| &nbsp;&nbsp;Meta Platforms Inc | Synthetic GIC Asset Fixed Income Investments | 4.200% | 11/15/2030 | 630000 | par | (1) | 632161 |
| &nbsp;&nbsp;METLIFE SECURITIZATION TRUST 2019-1 | Synthetic GIC Asset Fixed Income Investments | 3.750% | 04/25/2058 | 40005 | par | (1) | 39609 |
| &nbsp;&nbsp;Metropolitan Life Global Funding I | Synthetic GIC Asset Fixed Income Investments | 4.850% | 01/08/2029 | 700000 | par | (1) | 714246 |
| &nbsp;&nbsp;Microchip Technology Inc | Synthetic GIC Asset Fixed Income Investments | 4.900% | 03/15/2028 | 1350000 | par | (1) | 1368891 |
| &nbsp;&nbsp;Mid-America Apartments LP | Synthetic GIC Asset Fixed Income Investments | 4.200% | 06/15/2028 | 740000 | par | (1) | 743566 |
| &nbsp;&nbsp;MidAmerican Energy Co | Synthetic GIC Asset Fixed Income Investments | 3.650% | 04/15/2029 | 1960000 | par | (1) | 1937940 |
| &nbsp;&nbsp;Mid-Atlantic Interstate Transmission LLC | Synthetic GIC Asset Fixed Income Investments | 4.100% | 05/15/2028 | 1830000 | par | (1) | 1831636 |
| &nbsp;&nbsp;Missouri Higher Education Loan Authority | Synthetic GIC Asset Fixed Income Investments | 4.769% | 03/25/2061 | 2091013 | par | (1) | 2047164 |
| &nbsp;&nbsp;Missouri Higher Education Loan Authority | Synthetic GIC Asset Fixed Income Investments | 5.175% | 01/25/2061 | 1172224 | par | (1) | 1149202 |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 2.341% | 01/19/2028 | 599000 | par | (1) | 588598 |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 4.080% | 04/19/2028 | 1490000 | par | (1) | 1490705 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2020-A | Synthetic GIC Asset Fixed Income Investments | 0.970% | 04/09/2027 | 968451 | par | (1) | 962830 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2021-A | Synthetic GIC Asset Fixed Income Investments | 0.560% | 06/13/2028 | 61383 | par | (1) | 61311 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2022-A | Synthetic GIC Asset Fixed Income Investments | 3.200% | 01/13/2028 | 589254 | par | (1) | 588471 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2024-A | Synthetic GIC Asset Fixed Income Investments | 4.950% | 07/14/2031 | 3655000 | par | (1) | 3714818 |
| &nbsp;&nbsp;Mondelez International Inc | Synthetic GIC Asset Fixed Income Investments | 4.250% | 05/06/2028 | 1480000 | par | (1) | 1488316 |
| &nbsp;&nbsp;Monongahela Power Co | Synthetic GIC Asset Fixed Income Investments | 3.550% | 05/15/2027 | 1450000 | par | (1) | 1441377 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 2.475% | 01/21/2028 | 1225000 | par | (1) | 1205102 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 1.593% | 05/04/2027 | 1160000 | par | (1) | 1149942 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.652% | 04/13/2028 | 820000 | par | (1) | 836251 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 4.994% | 04/12/2029 | 780000 | par | (1) | 795695 |
| &nbsp;&nbsp;Morgan Stanley BAML Trust 2016-C31 | Synthetic GIC Asset Fixed Income Investments | 2.840% | 11/15/2049 | 2795046 | par | (1) | 2774752 |
| &nbsp;&nbsp;Morgan Stanley Bank NA | Synthetic GIC Asset Fixed Income Investments | 4.952% | 01/14/2028 | 2410000 | par | (1) | 2432760 |
| &nbsp;&nbsp;Morgan Stanley Bank NA | Synthetic GIC Asset Fixed Income Investments | 4.968% | 07/14/2028 | 1670000 | par | (1) | 1693592 |
| &nbsp;&nbsp;Morgan Stanley Bank NA | Synthetic GIC Asset Fixed Income Investments | 5.016% | 01/12/2029 | 1835000 | par | (1) | 1869302 |
| &nbsp;&nbsp;Mosaic Co/The | Synthetic GIC Asset Fixed Income Investments | 4.350% | 01/15/2029 | 355000 | par | (1) | 356082 |
| &nbsp;&nbsp;Mosaic Co/The | Synthetic GIC Asset Fixed Income Investments | 4.050% | 11/15/2027 | 1060000 | par | (1) | 1059553 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 1.750% | 03/01/2026 | 1500000 | par | (1) | 1494090 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 4.125% | 03/01/2027 | 675000 | par | (1) | 675313 |
| &nbsp;&nbsp;Mutual of Omaha Cos Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.450% | 12/12/2028 | 850000 | par | (1) | 879674 |
| &nbsp;&nbsp;Mutual of Omaha Cos Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.350% | 04/09/2027 | 1880000 | par | (1) | 1908273 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Mutual of Omaha Cos Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.514% | 06/09/2028 | 440000 | par | (1) | 444148 |
| &nbsp;&nbsp;Navient Private Education Refi Loan Trust 2021-E | Synthetic GIC Asset Fixed Income Investments | 0.970% | 12/16/2069 | 1891765 | par | (1) | 1706883 |
| &nbsp;&nbsp;Navient Private Education Refi Loan Trust 2021-G | Synthetic GIC Asset Fixed Income Investments | 1.580% | 04/15/2070 | 3166637 | par | (1) | 2877884 |
| &nbsp;&nbsp;Navient Private Education Refi Loan Trust 2022-A | Synthetic GIC Asset Fixed Income Investments | 2.230% | 07/15/2070 | 1919231 | par | (1) | 1759206 |
| &nbsp;&nbsp;Navient Refinance Loan Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 5.150% | 02/16/2055 | 2071865 | par | (1) | 2101428 |
| &nbsp;&nbsp;Navient Refinance Loan Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.720% | 09/15/2055 | 3176361 | par | (1) | 3180252 |
| &nbsp;&nbsp;Navient Refinance Loan Trust 2025-C | Synthetic GIC Asset Fixed Income Investments | 4.800% | 10/15/2055 | 1968244 | par | (1) | 1972968 |
| &nbsp;&nbsp;Navient Student Loan Trust 2020-FA | Synthetic GIC Asset Fixed Income Investments | 1.220% | 07/15/2069 | 1125874 | par | (1) | 1068327 |
| &nbsp;&nbsp;Navient Student Loan Trust 2021-1 | Synthetic GIC Asset Fixed Income Investments | 4.589% | 12/26/2069 | 1872606 | par | (1) | 1846995 |
| &nbsp;&nbsp;Navistar Financial Dealer Note Master Owner Trust | Synthetic GIC Asset Fixed Income Investments | 5.590% | 04/25/2029 | 425000 | par | (1) | 427017 |
| &nbsp;&nbsp;Nebraska Investment Finance Authority | Synthetic GIC Asset Fixed Income Investments | 5.000% | 03/01/2050 | 680000 | par | (1) | 686059 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-A | Synthetic GIC Asset Fixed Income Investments | 4.648% | 04/20/2062 | 1875854 | par | (1) | 1872467 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-A | Synthetic GIC Asset Fixed Income Investments | 1.360% | 04/20/2062 | 1658299 | par | (1) | 1569081 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-B | Synthetic GIC Asset Fixed Income Investments | 4.628% | 04/20/2062 | 163398 | par | (1) | 163255 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-C | Synthetic GIC Asset Fixed Income Investments | 4.588% | 04/20/2062 | 2578001 | par | (1) | 2571314 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-D | Synthetic GIC Asset Fixed Income Investments | 4.538% | 04/20/2062 | 2260321 | par | (1) | 2250407 |
| &nbsp;&nbsp;New York City Transitional Finance Authority | Synthetic GIC Asset Fixed Income Investments | 4.724% | 11/01/2026 | 2325000 | par | (1) | 2342484 |
| &nbsp;&nbsp;New York Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.700% | 01/29/2029 | 700000 | par | (1) | 712346 |
| &nbsp;&nbsp;New York Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.150% | 07/25/2028 | 1220000 | par | (1) | 1226908 |
| &nbsp;&nbsp;New York Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.900% | 06/13/2028 | 1020000 | par | (1) | 1043152 |
| &nbsp;&nbsp;New York State Dormitory Authority | Synthetic GIC Asset Fixed Income Investments | 5.500% | 03/15/2030 | 1153328 | par | (1) | 1172589 |
| &nbsp;&nbsp;Nissan Auto Lease Trust 2024-B | Synthetic GIC Asset Fixed Income Investments | 4.920% | 11/15/2027 | 4730000 | par | (1) | 4776595 |
| &nbsp;&nbsp;Nissan Auto Lease Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.320% | 11/15/2028 | 2965000 | par | (1) | 2991501 |
| &nbsp;&nbsp;Nissan Auto Receivables 2025-A Owner Trust | Synthetic GIC Asset Fixed Income Investments | 4.490% | 12/17/2029 | 3810000 | par | (1) | 3860303 |
| &nbsp;&nbsp;Nissan Auto Receivables 2025-B Owner Trust | Synthetic GIC Asset Fixed Income Investments | 3.990% | 04/15/2030 | 6920000 | par | (1) | 6949389 |
| &nbsp;&nbsp;Nissan Master Owner Trust Receivables | Synthetic GIC Asset Fixed Income Investments | 5.050% | 02/15/2029 | 1605000 | par | (1) | 1624212 |
| &nbsp;&nbsp;NNN REIT Inc | Synthetic GIC Asset Fixed Income Investments | 3.500% | 10/15/2027 | 640000 | par | (1) | 634447 |
| &nbsp;&nbsp;NNN REIT Inc | Synthetic GIC Asset Fixed Income Investments | 4.300% | 10/15/2028 | 1000000 | par | (1) | 1005951 |
| &nbsp;&nbsp;NorthWestern Corp | Synthetic GIC Asset Fixed Income Investments | 5.073% | 03/21/2030 | 620000 | par | (1) | 636293 |
| &nbsp;&nbsp;Novartis Capital Corp | Synthetic GIC Asset Fixed Income Investments | 4.100% | 11/05/2030 | 630000 | par | (1) | 629946 |
| &nbsp;&nbsp;NTT Finance Corp | Synthetic GIC Asset Fixed Income Investments | 5.104% | 07/02/2027 | 1450000 | par | (1) | 1472904 |
| &nbsp;&nbsp;NTT Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.620% | 07/16/2028 | 850000 | par | (1) | 861593 |
| &nbsp;&nbsp;Nutrien Ltd | Synthetic GIC Asset Fixed Income Investments | 4.500% | 03/12/2027 | 1490000 | par | (1) | 1498696 |
| &nbsp;&nbsp;Nutrien Ltd | Synthetic GIC Asset Fixed Income Investments | 5.200% | 06/21/2027 | 1320000 | par | (1) | 1341780 |
| &nbsp;&nbsp;Nuveen LLC | Synthetic GIC Asset Fixed Income Investments | 4.000% | 11/01/2028 | 1400000 | par | (1) | 1400608 |
| &nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | Synthetic GIC Asset Fixed Income Investments | 4.300% | 08/19/2028 | 430000 | par | (1) | 431722 |
| &nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 06/01/2027 | 1450000 | par | (1) | 1456471 |
| &nbsp;&nbsp;Oncor Electric Delivery Co LLC | Synthetic GIC Asset Fixed Income Investments | 4.300% | 05/15/2028 | 1000000 | par | (1) | 1008220 |
| &nbsp;&nbsp;Oncor Electric Delivery Co LLC | Synthetic GIC Asset Fixed Income Investments | 3.700% | 11/15/2028 | 1873000 | par | (1) | 1861140 |
| &nbsp;&nbsp;Oncor Electric Delivery Co LLC | Synthetic GIC Asset Fixed Income Investments | 4.650% | 11/01/2029 | 1109000 | par | (1) | 1127830 |
| &nbsp;&nbsp;ONE Gas Inc | Synthetic GIC Asset Fixed Income Investments | 5.100% | 04/01/2029 | 1000000 | par | (1) | 1029915 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;ONEOK Inc | Synthetic GIC Asset Fixed Income Investments | 4.250% | 09/24/2027 | 1020000 | par | (1) | 1023552 |
| &nbsp;&nbsp;ONEOK Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 10/15/2029 | 1240000 | par | (1) | 1244898 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 2.300% | 03/25/2028 | 1300000 | par | (1) | 1240045 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 4.800% | 08/03/2028 | 1330000 | par | (1) | 1337139 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 4.450% | 09/26/2030 | 765000 | par | (1) | 748948 |
| &nbsp;&nbsp;Orlando Health Obligated Group | Synthetic GIC Asset Fixed Income Investments | 3.777% | 10/01/2028 | 350000 | par | (1) | 346099 |
| &nbsp;&nbsp;Oshkosh Corp | Synthetic GIC Asset Fixed Income Investments | 4.600% | 05/15/2028 | 1450000 | par | (1) | 1468177 |
| &nbsp;&nbsp;Pacific Life Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.900% | 01/11/2029 | 1200000 | par | (1) | 1226256 |
| &nbsp;&nbsp;Pacific Life Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.500% | 08/28/2029 | 1400000 | par | (1) | 1415035 |
| &nbsp;&nbsp;Packaging Corp of America | Synthetic GIC Asset Fixed Income Investments | 3.400% | 12/15/2027 | 1130000 | par | (1) | 1118844 |
| &nbsp;&nbsp;PeaceHealth Obligated Group | Synthetic GIC Asset Fixed Income Investments | 4.335% | 11/15/2028 | 595000 | par | (1) | 597977 |
| &nbsp;&nbsp;PFS Financing Corp | Synthetic GIC Asset Fixed Income Investments | 4.750% | 08/15/2029 | 800000 | par | (1) | 809214 |
| &nbsp;&nbsp;PFS Financing Corp | Synthetic GIC Asset Fixed Income Investments | 4.950% | 02/15/2029 | 3360000 | par | (1) | 3395088 |
| &nbsp;&nbsp;PHEAA Student Loan Trust 2016-1 | Synthetic GIC Asset Fixed Income Investments | 5.139% | 09/25/2065 | 450495 | par | (1) | 453917 |
| &nbsp;&nbsp;Phillips 66 Co | Synthetic GIC Asset Fixed Income Investments | 3.750% | 03/01/2028 | 1580000 | par | (1) | 1569570 |
| &nbsp;&nbsp;Plains All American Pipeline LP / PAA Finance Corp | Synthetic GIC Asset Fixed Income Investments | 3.550% | 12/15/2029 | 700000 | par | (1) | 680549 |
| &nbsp;&nbsp;PNC Bank NA | Synthetic GIC Asset Fixed Income Investments | 4.050% | 07/26/2028 | 1400000 | par | (1) | 1402496 |
| &nbsp;&nbsp;PNC Financial Services Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 6.615% | 10/20/2027 | 770000 | par | (1) | 785409 |
| &nbsp;&nbsp;PNC Financial Services Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.102% | 07/23/2027 | 1200000 | par | (1) | 1206731 |
| &nbsp;&nbsp;Porsche Financial Auto Securitization Trust 2023-2 | Synthetic GIC Asset Fixed Income Investments | 5.790% | 01/22/2029 | 1694568 | par | (1) | 1707594 |
| &nbsp;&nbsp;PPG Industries Inc | Synthetic GIC Asset Fixed Income Investments | 2.800% | 08/15/2029 | 1200000 | par | (1) | 1147740 |
| &nbsp;&nbsp;President and Fellows of Harvard College | Synthetic GIC Asset Fixed Income Investments | 4.887% | 03/15/2030 | 820000 | par | (1) | 846411 |
| &nbsp;&nbsp;Principal Life Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.250% | 08/18/2028 | 560000 | par | (1) | 562134 |
| &nbsp;&nbsp;Principal Life Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.600% | 08/19/2027 | 1260000 | par | (1) | 1271990 |
| &nbsp;&nbsp;Protective Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.714% | 07/06/2027 | 855000 | par | (1) | 864196 |
| &nbsp;&nbsp;Protective Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.335% | 09/13/2027 | 1410000 | par | (1) | 1419543 |
| &nbsp;&nbsp;Public Service Co of New Hampshire | Synthetic GIC Asset Fixed Income Investments | 4.400% | 07/01/2028 | 2450000 | par | (1) | 2473682 |
| &nbsp;&nbsp;Reliance Industries Ltd | Synthetic GIC Asset Fixed Income Investments | 1.870% | 01/15/2026 | 19105 | par | (1) | 19086 |
| &nbsp;&nbsp;Reliance Industries Ltd | Synthetic GIC Asset Fixed Income Investments | 2.444% | 01/15/2026 | 382368 | par | (1) | 382081 |
| &nbsp;&nbsp;Reliance Industries Ltd | Synthetic GIC Asset Fixed Income Investments | 2.512% | 01/15/2026 | 261250 | par | (1) | 261045 |
| &nbsp;&nbsp;RI State Std Ln Authority | Synthetic GIC Asset Fixed Income Investments | 5.093% | 09/01/2036 | 101468 | par | (1) | 100947 |
| &nbsp;&nbsp;Rochester Gas and Electric Corp | Synthetic GIC Asset Fixed Income Investments | 3.100% | 06/01/2027 | 700000 | par | (1) | 693064 |
| &nbsp;&nbsp;Rogers Communications Inc | Synthetic GIC Asset Fixed Income Investments | 3.200% | 03/15/2027 | 1710000 | par | (1) | 1693081 |
| &nbsp;&nbsp;Roper Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.250% | 09/15/2028 | 580000 | par | (1) | 582298 |
| &nbsp;&nbsp;Roper Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 3.800% | 12/15/2026 | 380000 | par | (1) | 379299 |
| &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC Asset Fixed Income Investments | 4.965% | 01/24/2029 | 3240000 | par | (1) | 3300899 |
| &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC Asset Fixed Income Investments | 5.069% | 07/23/2027 | 700000 | par | (1) | 703884 |
| &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC Asset Fixed Income Investments | 4.522% | 10/18/2028 | 2480000 | par | (1) | 2504567 |
| &nbsp;&nbsp;RTX Corp | Synthetic GIC Asset Fixed Income Investments | 3.125% | 05/04/2027 | 2950000 | par | (1) | 2918910 |
| &nbsp;&nbsp;Ryder System Inc | Synthetic GIC Asset Fixed Income Investments | 5.300% | 03/15/2027 | 640000 | par | (1) | 649226 |
| &nbsp;&nbsp;Sabine Pass Liquefaction LLC | Synthetic GIC Asset Fixed Income Investments | 4.200% | 03/15/2028 | 1830000 | par | (1) | 1832194 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Santander Drive Auto Receivables Trust 2025-3 | Synthetic GIC Asset Fixed Income Investments | 4.380% | 01/15/2030 | 2430000 | par | (1) | 2441803 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.507% | 03/10/2026 | 163920 | par | (1) | 163450 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 5.035% | 03/10/2034 | 1804702 | par | (1) | 1829627 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 5.688% | 09/10/2033 | 21765982 | par | (1) | 22401766 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 5.168% | 03/10/2033 | 3111976 | par | (1) | 3178609 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 4.963% | 03/10/2035 | 4015000 | par | (1) | 4076907 |
| &nbsp;&nbsp;SBNA Auto Lease Trust 2024-B | Synthetic GIC Asset Fixed Income Investments | 5.560% | 11/22/2027 | 2040874 | par | (1) | 2051735 |
| &nbsp;&nbsp;SC State Std Ln Corp | Synthetic GIC Asset Fixed Income Investments | 4.489% | 01/25/2041 | 383923 | par | (1) | 379516 |
| &nbsp;&nbsp;SCCU Auto Receivables Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.570% | 01/15/2031 | 2490000 | par | (1) | 2513538 |
| &nbsp;&nbsp;SCG Commercial Mortgage Trust 2025-FLWR | Synthetic GIC Asset Fixed Income Investments | 5.000% | 08/15/2042 | 2450000 | par | (1) | 2451531 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust | Synthetic GIC Asset Fixed Income Investments | 2.500% | 09/25/2060 | 2352043 | par | (1) | 2192807 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-2 | Synthetic GIC Asset Fixed Income Investments | 2.500% | 11/25/2059 | 2691592 | par | (1) | 2391496 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-3 | Synthetic GIC Asset Fixed Income Investments | 2.500% | 05/25/2060 | 1173187 | par | (1) | 1025256 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2020-3 | Synthetic GIC Asset Fixed Income Investments | 2.500% | 05/25/2060 | 1160260 | par | (1) | 1085493 |
| &nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 4.950% | 05/21/2029 | 2690007 | par | (1) | 2706491 |
| &nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2024-2 | Synthetic GIC Asset Fixed Income Investments | 5.330% | 11/20/2029 | 3192024 | par | (1) | 3226524 |
| &nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.750% | 07/22/2030 | 1265000 | par | (1) | 1278528 |
| &nbsp;&nbsp;SFS Auto Receivables Securitization Trust 2025-3 | Synthetic GIC Asset Fixed Income Investments | 4.120% | 04/21/2031 | 2390000 | par | (1) | 2400848 |
| &nbsp;&nbsp;Sherwin-Williams Co/The | Synthetic GIC Asset Fixed Income Investments | 4.300% | 08/15/2028 | 1050000 | par | (1) | 1056787 |
| &nbsp;&nbsp;Sherwin-Williams Co/The | Synthetic GIC Asset Fixed Income Investments | 3.450% | 06/01/2027 | 1540000 | par | (1) | 1528390 |
| &nbsp;&nbsp;Sherwin-Williams Co/The | Synthetic GIC Asset Fixed Income Investments | 2.950% | 08/15/2029 | 460000 | par | (1) | 441009 |
| &nbsp;&nbsp;SLM Student Loan Trust 2003-10 | Synthetic GIC Asset Fixed Income Investments | 5.064% | 12/17/2068 | 3049010 | par | (1) | 3036289 |
| &nbsp;&nbsp;SLM Student Loan Trust 2013-2 | Synthetic GIC Asset Fixed Income Investments | 4.439% | 06/25/2043 | 205878 | par | (1) | 202289 |
| &nbsp;&nbsp;SMRT 2022-MINI | Synthetic GIC Asset Fixed Income Investments | 4.751% | 01/15/2039 | 1415000 | par | (1) | 1414999 |
| &nbsp;&nbsp;Southern California Edison Co | Synthetic GIC Asset Fixed Income Investments | 4.900% | 06/01/2026 | 85000 | par | (1) | 85115 |
| &nbsp;&nbsp;Southern Co Gas Capital Corp | Synthetic GIC Asset Fixed Income Investments | 4.050% | 09/15/2028 | 280000 | par | (1) | 280197 |
| &nbsp;&nbsp;Starbucks Corp | Synthetic GIC Asset Fixed Income Investments | 4.500% | 05/15/2028 | 1660000 | par | (1) | 1677047 |
| &nbsp;&nbsp;State of Hawaii | Synthetic GIC Asset Fixed Income Investments | 1.283% | 08/01/2026 | 475000 | par | (1) | 468488 |
| &nbsp;&nbsp;State of Oregon | Synthetic GIC Asset Fixed Income Investments | 5.892% | 06/01/2027 | 4139213 | par | (1) | 4206310 |
| &nbsp;&nbsp;State Street Corp | Synthetic GIC Asset Fixed Income Investments | 4.530% | 02/20/2029 | 1490000 | par | (1) | 1509461 |
| &nbsp;&nbsp;State Street Corp | Synthetic GIC Asset Fixed Income Investments | 2.203% | 02/07/2028 | 1600000 | par | (1) | 1571077 |
| &nbsp;&nbsp;Steel Dynamics Inc | Synthetic GIC Asset Fixed Income Investments | 4.000% | 12/15/2028 | 615000 | par | (1) | 614589 |
| &nbsp;&nbsp;Stellantis Financial Enhanced Lease Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.470% | 07/20/2028 | 1985000 | par | (1) | 1998849 |
| &nbsp;&nbsp;Stellantis Financial Enhanced Lease Trust 2025-C | Synthetic GIC Asset Fixed Income Investments | 4.110% | 04/20/2029 | 4645000 | par | (1) | 4652562 |
| &nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 3.040% | 07/16/2029 | 1300000 | par | (1) | 1248563 |
| &nbsp;&nbsp;SWCH Commercial Mortgage Trust 2025-DATA | Synthetic GIC Asset Fixed Income Investments | 5.193% | 02/15/2042 | 1585000 | par | (1) | 1570242 |
| &nbsp;&nbsp;Synchrony Card Funding LLC | Synthetic GIC Asset Fixed Income Investments | 4.930% | 07/15/2030 | 3815000 | par | (1) | 3876975 |
| &nbsp;&nbsp;Take-Two Interactive Software Inc | Synthetic GIC Asset Fixed Income Investments | 4.950% | 03/28/2028 | 1000000 | par | (1) | 1019559 |
| &nbsp;&nbsp;Tesla Auto Lease Trust 2024-A | Synthetic GIC Asset Fixed Income Investments | 5.300% | 06/21/2027 | 1077795 | par | (1) | 1081297 |
| &nbsp;&nbsp;Tesla Electric Vehicle Trust 2023-1 | Synthetic GIC Asset Fixed Income Investments | 5.380% | 06/20/2028 | 2992382 | par | (1) | 3014911 |
| &nbsp;&nbsp;T-Mobile US Trust 2025-2 | Synthetic GIC Asset Fixed Income Investments | 4.340% | 04/22/2030 | 1750000 | par | (1) | 1765948 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;T-Mobile USA Inc | Synthetic GIC Asset Fixed Income Investments | 2.625% | 04/15/2026 | 565000 | par | (1) | 562763 |
| &nbsp;&nbsp;T-Mobile USA Inc | Synthetic GIC Asset Fixed Income Investments | 2.250% | 02/15/2026 | 660000 | par | (1) | 658491 |
| &nbsp;&nbsp;Toronto-Dominion Bank/The | Synthetic GIC Asset Fixed Income Investments | 4.861% | 01/31/2028 | 2930000 | par | (1) | 2978834 |
| &nbsp;&nbsp;Toronto-Dominion Bank/The | Synthetic GIC Asset Fixed Income Investments | 4.574% | 06/02/2028 | 1500000 | par | (1) | 1519077 |
| &nbsp;&nbsp;Toronto-Dominion Bank/The | Synthetic GIC Asset Fixed Income Investments | 4.980% | 04/05/2027 | 1560000 | par | (1) | 1579934 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2017-6 | Synthetic GIC Asset Fixed Income Investments | 2.750% | 10/25/2057 | 108649 | par | (1) | 107236 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2018-1 | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/25/2058 | 21256 | par | (1) | 21128 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2018-2 | Synthetic GIC Asset Fixed Income Investments | 3.250% | 03/25/2058 | 323105 | par | (1) | 320258 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2018-3 | Synthetic GIC Asset Fixed Income Investments | 3.750% | 05/25/2058 | 428665 | par | (1) | 422398 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2018-6 | Synthetic GIC Asset Fixed Income Investments | 3.750% | 03/25/2058 | 49542 | par | (1) | 49312 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2019-HY3 | Synthetic GIC Asset Fixed Income Investments | 4.846% | 10/25/2059 | 582316 | par | (1) | 582743 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2021-1 | Synthetic GIC Asset Fixed Income Investments | 2.250% | 11/25/2061 | 2296645 | par | (1) | 2165663 |
| &nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2022-1 | Synthetic GIC Asset Fixed Income Investments | 3.820% | 04/25/2035 | 2105000 | par | (1) | 2103819 |
| &nbsp;&nbsp;Toyota Auto Receivables 2024-B Owner Trust | Synthetic GIC Asset Fixed Income Investments | 5.330% | 01/16/2029 | 2425385 | par | (1) | 2450667 |
| &nbsp;&nbsp;Toyota Auto Receivables 2025-B Owner Trust | Synthetic GIC Asset Fixed Income Investments | 4.340% | 11/15/2029 | 2435000 | par | (1) | 2454366 |
| &nbsp;&nbsp;Toyota Lease Owner Trust 2024-B | Synthetic GIC Asset Fixed Income Investments | 4.210% | 09/20/2027 | 3960000 | par | (1) | 3966843 |
| &nbsp;&nbsp;Toyota Lease Owner Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 3.960% | 11/20/2028 | 2380000 | par | (1) | 2386264 |
| &nbsp;&nbsp;Trane Technologies Financing Ltd | Synthetic GIC Asset Fixed Income Investments | 3.800% | 03/21/2029 | 820000 | par | (1) | 814572 |
| &nbsp;&nbsp;Truist Bank | Synthetic GIC Asset Fixed Income Investments | 4.420% | 07/24/2028 | 1320000 | par | (1) | 1327838 |
| &nbsp;&nbsp;Truist Bank | Synthetic GIC Asset Fixed Income Investments | 4.136% | 10/23/2029 | 1150000 | par | (1) | 1149554 |
| &nbsp;&nbsp;Truist Bank | Synthetic GIC Asset Fixed Income Investments | 4.632% | 09/17/2029 | 700000 | par | (1) | 702169 |
| &nbsp;&nbsp;UBS Commercial Mortgage Trust 2017-C3 | Synthetic GIC Asset Fixed Income Investments | 3.167% | 08/15/2050 | 3675000 | par | (1) | 3638577 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 1.494% | 08/10/2027 | 540000 | par | (1) | 531413 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 6.327% | 12/22/2027 | 940000 | par | (1) | 959647 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 3.869% | 01/12/2029 | 1000000 | par | (1) | 994567 |
| &nbsp;&nbsp;UDR Inc | Synthetic GIC Asset Fixed Income Investments | 2.950% | 09/01/2026 | 1765000 | par | (1) | 1754038 |
| &nbsp;&nbsp;UDR Inc | Synthetic GIC Asset Fixed Income Investments | 3.500% | 01/15/2028 | 700000 | par | (1) | 692231 |
| &nbsp;&nbsp;Union Electric Co | Synthetic GIC Asset Fixed Income Investments | 3.500% | 03/15/2029 | 250000 | par | (1) | 245804 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.630% | 10/01/2028 | 145186 | par | (1) | 147511 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.720% | 01/01/2029 | 40165 | par | (1) | 40575 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.510% | 11/01/2027 | 29021 | par | (1) | 29267 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 6.770% | 11/01/2028 | 50145 | par | (1) | 51349 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.290% | 12/01/2027 | 95344 | par | (1) | 95934 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.875% | 06/15/2028 | 34220000 | par | (1) | 34522094 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.625% | 08/15/2028 | 37480000 | par | (1) | 37585431 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.375% | 09/15/2028 | 54730000 | par | (1) | 54522628 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.750% | 05/15/2028 | 16645000 | par | (1) | 16739277 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.500% | 12/15/2028 | 34330000 | par | (1) | 34303188 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.875% | 07/15/2028 | 6855000 | par | (1) | 6914714 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.750% | 04/15/2028 | 8000000 | par | (1) | 8043128 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.500% | 10/15/2028 | 34345000 | par | (1) | 34320855 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
|  | &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.500% | 11/15/2028 | 20645000 | par | (1) | 20628876 |
|  | &nbsp;&nbsp;UnitedHealth Group Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 06/15/2028 | 560000 | par | (1) | 566495 |
|  | &nbsp;&nbsp;UnitedHealth Group Inc | Synthetic GIC Asset Fixed Income Investments | 3.875% | 12/15/2028 | 850000 | par | (1) | 849674 |
|  | &nbsp;&nbsp;UnitedHealth Group Inc | Synthetic GIC Asset Fixed Income Investments | 4.250% | 01/15/2029 | 740000 | par | (1) | 745994 |
|  | &nbsp;&nbsp;US Bancorp | Synthetic GIC Asset Fixed Income Investments | 2.215% | 01/27/2028 | 1935000 | par | (1) | 1900751 |
|  | &nbsp;&nbsp;US Bancorp | Synthetic GIC Asset Fixed Income Investments | 4.548% | 07/22/2028 | 2240000 | par | (1) | 2258876 |
|  | &nbsp;&nbsp;US Bank NA/Cincinnati OH | Synthetic GIC Asset Fixed Income Investments | 4.730% | 05/15/2028 | 1680000 | par | (1) | 1697284 |
|  | &nbsp;&nbsp;USAA Auto Owner Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 3.950% | 12/17/2029 | 2470000 | par | (1) | 2476469 |
|  | &nbsp;&nbsp;VCM Lease SA | Synthetic GIC Asset Fixed Income Investments | 2.516% | 09/28/2027 | 156771 | par | (1) | 153876 |
|  | &nbsp;&nbsp;Ventas Realty LP | Synthetic GIC Asset Fixed Income Investments | 3.850% | 04/01/2027 | 720000 | par | (1) | 718199 |
|  | &nbsp;&nbsp;Ventas Realty LP | Synthetic GIC Asset Fixed Income Investments | 4.400% | 01/15/2029 | 1600000 | par | (1) | 1607536 |
|  | &nbsp;&nbsp;Verizon Communications Inc | Synthetic GIC Asset Fixed Income Investments | 2.100% | 03/22/2028 | 2400000 | par | (1) | 2304871 |
|  | &nbsp;&nbsp;Verizon Communications Inc | Synthetic GIC Asset Fixed Income Investments | 4.125% | 03/16/2027 | 636000 | par | (1) | 637573 |
|  | &nbsp;&nbsp;Verizon Master Trust | Synthetic GIC Asset Fixed Income Investments | 5.670% | 11/20/2029 | 3840000 | par | (1) | 3901636 |
|  | &nbsp;&nbsp;Verizon Master Trust | Synthetic GIC Asset Fixed Income Investments | 5.340% | 04/22/2030 | 3950000 | par | (1) | 4027203 |
|  | &nbsp;&nbsp;Verizon Master Trust | Synthetic GIC Asset Fixed Income Investments | 4.170% | 08/20/2030 | 6225000 | par | (1) | 6263508 |
|  | &nbsp;&nbsp;Verizon Master Trust | Synthetic GIC Asset Fixed Income Investments | 4.620% | 11/20/2030 | 1280000 | par | (1) | 1298916 |
|  | &nbsp;&nbsp;Virginia Power Fuel Securitization LLC | Synthetic GIC Asset Fixed Income Investments | 4.877% | 05/01/2031 | 1750000 | par | (1) | 1790906 |
|  | &nbsp;&nbsp;Volkswagen Auto Lease Trust 2024-A | Synthetic GIC Asset Fixed Income Investments | 5.210% | 06/21/2027 | 2240000 | par | (1) | 2251903 |
|  | &nbsp;&nbsp;Volkswagen Auto Lease Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.500% | 06/20/2028 | 3105000 | par | (1) | 3136193 |
|  | &nbsp;&nbsp;Volkswagen Auto Lease Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.010% | 01/22/2029 | 1815000 | par | (1) | 1822265 |
|  | &nbsp;&nbsp;Volkswagen Auto Loan Enhanced Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.500% | 08/20/2029 | 1850000 | par | (1) | 1869373 |
|  | &nbsp;&nbsp;Volkswagen Auto Loan Enhanced Trust 2025-2 | Synthetic GIC Asset Fixed Income Investments | 3.920% | 03/20/2030 | 4065000 | par | (1) | 4075837 |
|  | &nbsp;&nbsp;Volkswagen Group of America Finance LLC | Synthetic GIC Asset Fixed Income Investments | 5.700% | 09/12/2026 | 1770000 | par | (1) | 1788481 |
|  | &nbsp;&nbsp;Volkswagen Group of America Finance LLC | Synthetic GIC Asset Fixed Income Investments | 4.850% | 08/15/2027 | 500000 | par | (1) | 504836 |
|  | &nbsp;&nbsp;Vulcan Materials Co | Synthetic GIC Asset Fixed Income Investments | 4.950% | 12/01/2029 | 800000 | par | (1) | 821342 |
|  | &nbsp;&nbsp;Waco Educational Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.865% | 03/01/2030 | 1925000 | par | (1) | 1979940 |
|  | &nbsp;&nbsp;Warnermedia Holdings Inc | Synthetic GIC Asset Fixed Income Investments | 3.755% | 03/15/2027 | 741000 | par | (1) | 736015 |
|  | &nbsp;&nbsp;WEC Energy Group Inc | Synthetic GIC Asset Fixed Income Investments | 1.375% | 10/15/2027 | 900000 | par | (1) | 860366 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-C35 | Synthetic GIC Asset Fixed Income Investments | 2.674% | 07/15/2048 | 565435 | par | (1) | 562766 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-LC24 | Synthetic GIC Asset Fixed Income Investments | 2.684% | 10/15/2049 | 787938 | par | (1) | 782583 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2016-NXS6 | Synthetic GIC Asset Fixed Income Investments | 2.642% | 11/15/2049 | 3294815 | par | (1) | 3288183 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C38 | Synthetic GIC Asset Fixed Income Investments | 3.190% | 07/15/2050 | 2555545 | par | (1) | 2524612 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C39 | Synthetic GIC Asset Fixed Income Investments | 3.157% | 09/15/2050 | 4610000 | par | (1) | 4536014 |
|  | &nbsp;&nbsp;Welltower OP LLC | Synthetic GIC Asset Fixed Income Investments | 4.125% | 03/15/2029 | 700000 | par | (1) | 701705 |
|  | &nbsp;&nbsp;Weyerhaeuser Co | Synthetic GIC Asset Fixed Income Investments | 4.750% | 05/15/2026 | 765000 | par | (1) | 766567 |
|  | &nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | Synthetic GIC Asset Fixed Income Investments | 5.490% | 02/18/2039 | 2456734 | par | (1) | 2487153 |
|  | &nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | Synthetic GIC Asset Fixed Income Investments | 6.460% | 08/18/2038 | 1799889 | par | (1) | 1821013 |
|  | &nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | Synthetic GIC Asset Fixed Income Investments | 5.800% | 04/18/2038 | 1213196 | par | (1) | 1220937 |
|  | &nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | Synthetic GIC Asset Fixed Income Investments | 4.410% | 05/18/2040 | 1770000 | par | (1) | 1784252 |
|  | &nbsp;&nbsp;Williams Cos Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.400% | 03/02/2026 | 1795000 | par | (1) | 1798917 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Williams Cos Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.300% | 08/15/2028 | 700000 | par | (1) | 720856 |
| &nbsp;&nbsp;Williams Cos Inc/The | Synthetic GIC Asset Fixed Income Investments | 4.900% | 03/15/2029 | 780000 | par | (1) | 796761 |
| &nbsp;&nbsp;Windermere Aviation LLC | Synthetic GIC Asset Fixed Income Investments | 2.351% | 05/27/2026 | 92556 | par | (1) | 91913 |
| &nbsp;&nbsp;Wisconsin Power and Light Co | Synthetic GIC Asset Fixed Income Investments | 3.050% | 10/15/2027 | 800000 | par | (1) | 787077 |
| &nbsp;&nbsp;WMRK Commercial Mortgage Trust 2022-WMRK | Synthetic GIC Asset Fixed Income Investments | 6.539% | 11/15/2027 | 349898 | par | (1) | 351879 |
| &nbsp;&nbsp;World Omni Auto Receivables Trust 2024-B | Synthetic GIC Asset Fixed Income Investments | 5.270% | 09/17/2029 | 2617388 | par | (1) | 2641528 |
| &nbsp;&nbsp;World Omni Auto Receivables Trust 2024-C | Synthetic GIC Asset Fixed Income Investments | 4.430% | 12/17/2029 | 3730000 | par | (1) | 3752365 |
| &nbsp;&nbsp;World Omni Auto Receivables Trust 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.340% | 09/16/2030 | 3850000 | par | (1) | 3884423 |
| &nbsp;&nbsp;World Omni Auto Receivables Trust 2025-C | Synthetic GIC Asset Fixed Income Investments | 4.080% | 11/15/2030 | 1925000 | par | (1) | 1936169 |
| &nbsp;&nbsp;World Omni Auto Receivables Trust 2025-D | Synthetic GIC Asset Fixed Income Investments | 3.950% | 03/17/2031 | 4060000 | par | (1) | 4072432 |
| &nbsp;&nbsp;World Omni Automobile Lease Sec Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 4.420% | 04/17/2028 | 1215000 | par | (1) | 1225122 |
| &nbsp;&nbsp;WRKCO INC | Synthetic GIC Asset Fixed Income Investments | 4.000% | 03/15/2028 | 1560000 | par | (1) | 1556563 |
| &nbsp;&nbsp;Access Group Inc 2013-1 | Synthetic GIC Asset Fixed Income Investments | 4.489% | 02/25/2036 | 96439 | par | (1) | 96413 |
| &nbsp;&nbsp;Advocate Health & Hospitals Corp | Synthetic GIC Asset Fixed Income Investments | 2.211% | 06/15/2030 | 1555000 | par | (1) | 1434178 |
| &nbsp;&nbsp;Agilent Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 2.100% | 06/04/2030 | 650000 | par | (1) | 594439 |
| &nbsp;&nbsp;Agilent Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 2.750% | 09/15/2029 | 1020000 | par | (1) | 974403 |
| &nbsp;&nbsp;Agree LP | Synthetic GIC Asset Fixed Income Investments | 2.900% | 10/01/2030 | 1570000 | par | (1) | 1470362 |
| &nbsp;&nbsp;ALA Trust 2025-OANA | Synthetic GIC Asset Fixed Income Investments | 5.494% | 06/15/2040 | 1120000 | par | (1) | 1124198 |
| &nbsp;&nbsp;Alabama Federal Aid Highway Finance Authority | Synthetic GIC Asset Fixed Income Investments | 2.256% | 09/01/2033 | 350000 | par | (1) | 304745 |
| &nbsp;&nbsp;Albemarle Corp | Synthetic GIC Asset Fixed Income Investments | 4.650% | 06/01/2027 | 420000 | par | (1) | 422696 |
| &nbsp;&nbsp;Alexandria Real Estate Equities Inc | Synthetic GIC Asset Fixed Income Investments | 4.700% | 07/01/2030 | 1400000 | par | (1) | 1409009 |
| &nbsp;&nbsp;Ameren Missouri Securitization Funding I LLC | Synthetic GIC Asset Fixed Income Investments | 4.850% | 10/01/2039 | 1430779 | par | (1) | 1442228 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 5.016% | 04/25/2031 | 710000 | par | (1) | 732290 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 5.282% | 07/27/2029 | 370000 | par | (1) | 381194 |
| &nbsp;&nbsp;American Express Co | Synthetic GIC Asset Fixed Income Investments | 5.085% | 01/30/2031 | 680000 | par | (1) | 701412 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.600% | 04/17/2030 | 915000 | par | (1) | 925781 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.900% | 03/13/2029 | 880000 | par | (1) | 899747 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.400% | 09/05/2029 | 850000 | par | (1) | 859580 |
| &nbsp;&nbsp;American Honda Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.800% | 03/05/2030 | 820000 | par | (1) | 838366 |
| &nbsp;&nbsp;American International Group Inc | Synthetic GIC Asset Fixed Income Investments | 4.850% | 05/07/2030 | 330000 | par | (1) | 338431 |
| &nbsp;&nbsp;Amgen Inc | Synthetic GIC Asset Fixed Income Investments | 5.150% | 03/02/2028 | 1130000 | par | (1) | 1156824 |
| &nbsp;&nbsp;Amrize Finance US LLC | Synthetic GIC Asset Fixed Income Investments | 4.950% | 04/07/2030 | 860000 | par | (1) | 880022 |
| &nbsp;&nbsp;Amrize Finance US LLC | Synthetic GIC Asset Fixed Income Investments | 4.600% | 04/07/2027 | 70000 | par | (1) | 70469 |
| &nbsp;&nbsp;Aon Corp | Synthetic GIC Asset Fixed Income Investments | 3.750% | 05/02/2029 | 730000 | par | (1) | 722258 |
| &nbsp;&nbsp;Aon Corp / Aon Global Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 5.150% | 03/01/2029 | 640000 | par | (1) | 658708 |
| &nbsp;&nbsp;Ascension Health | Synthetic GIC Asset Fixed Income Investments | 2.532% | 11/15/2029 | 3000000 | par | (1) | 2838072 |
| &nbsp;&nbsp;Ascension Health | Synthetic GIC Asset Fixed Income Investments | 4.923% | 11/15/2035 | 1495000 | par | (1) | 1500354 |
| &nbsp;&nbsp;AT&T Inc | Synthetic GIC Asset Fixed Income Investments | 2.250% | 02/01/2032 | 2730000 | par | (1) | 2397625 |
| &nbsp;&nbsp;AT&T Inc | Synthetic GIC Asset Fixed Income Investments | 1.700% | 03/25/2026 | 2140000 | par | (1) | 2129184 |
| &nbsp;&nbsp;AT&T Inc | Synthetic GIC Asset Fixed Income Investments | 4.500% | 05/15/2035 | 870000 | par | (1) | 837256 |
| &nbsp;&nbsp;AUTOZONE INC | Synthetic GIC Asset Fixed Income Investments | 5.100% | 07/15/2029 | 1020000 | par | (1) | 1050017 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;AvalonBay Communities Inc | Synthetic GIC Asset Fixed Income Investments | 4.350% | 12/01/2030 | 530000 | par | (1) | 531590 |
| &nbsp;&nbsp;BA Credit Card Trust | Synthetic GIC Asset Fixed Income Investments | 4.790% | 05/15/2028 | 2035000 | par | (1) | 2041789 |
| &nbsp;&nbsp;BAE Systems PLC | Synthetic GIC Asset Fixed Income Investments | 3.400% | 04/15/2030 | 2000000 | par | (1) | 1934698 |
| &nbsp;&nbsp;BAE Systems PLC | Synthetic GIC Asset Fixed Income Investments | 5.125% | 03/26/2029 | 500000 | par | (1) | 514233 |
| &nbsp;&nbsp;BANK 2017-BNK5 | Synthetic GIC Asset Fixed Income Investments | 3.390% | 06/15/2060 | 2230000 | par | (1) | 2205945 |
| &nbsp;&nbsp;BANK 2017-BNK6 | Synthetic GIC Asset Fixed Income Investments | 3.518% | 07/15/2060 | 1800000 | par | (1) | 1781609 |
| &nbsp;&nbsp;BANK 2017-BNK8 | Synthetic GIC Asset Fixed Income Investments | 3.229% | 11/15/2050 | 1486046 | par | (1) | 1465400 |
| &nbsp;&nbsp;BANK 2018-BNK11 | Synthetic GIC Asset Fixed Income Investments | 3.784% | 03/15/2061 | 3527368 | par | (1) | 3500451 |
| &nbsp;&nbsp;Bank of America Commercial Mtg Trust 2017-BNK3 | Synthetic GIC Asset Fixed Income Investments | 3.311% | 02/15/2050 | 1842866 | par | (1) | 1828004 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 1.734% | 07/22/2027 | 2320000 | par | (1) | 2290545 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.271% | 07/23/2029 | 2180000 | par | (1) | 2190765 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 5.162% | 01/24/2031 | 770000 | par | (1) | 795528 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 2.551% | 02/04/2028 | 1200000 | par | (1) | 1180550 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.571% | 04/27/2033 | 1490000 | par | (1) | 1488930 |
| &nbsp;&nbsp;Bank of America Corp | Synthetic GIC Asset Fixed Income Investments | 4.623% | 05/09/2029 | 910000 | par | (1) | 922359 |
| &nbsp;&nbsp;Bank of Montreal | Synthetic GIC Asset Fixed Income Investments | 4.640% | 09/10/2030 | 1120000 | par | (1) | 1134912 |
| &nbsp;&nbsp;Bank of Montreal | Synthetic GIC Asset Fixed Income Investments | 5.717% | 09/25/2028 | 500000 | par | (1) | 521481 |
| &nbsp;&nbsp;Bank of Montreal | Synthetic GIC Asset Fixed Income Investments | 4.350% | 09/22/2031 | 620000 | par | (1) | 619710 |
| &nbsp;&nbsp;Bank of New York Mellon Corp | Synthetic GIC Asset Fixed Income Investments | 4.543% | 02/01/2029 | 2080000 | par | (1) | 2105867 |
| &nbsp;&nbsp;Bank of New York Mellon Corp | Synthetic GIC Asset Fixed Income Investments | 4.596% | 07/26/2030 | 670000 | par | (1) | 682250 |
| &nbsp;&nbsp;Bank of New York Mellon Corp/The | Synthetic GIC Asset Fixed Income Investments | 4.942% | 02/11/2031 | 1000000 | par | (1) | 1029085 |
| &nbsp;&nbsp;Bank of Nova Scotia/The | Synthetic GIC Asset Fixed Income Investments | 4.850% | 02/01/2030 | 340000 | par | (1) | 348165 |
| &nbsp;&nbsp;Bank of Nova Scotia/The | Synthetic GIC Asset Fixed Income Investments | 4.932% | 02/14/2029 | 1200000 | par | (1) | 1223336 |
| &nbsp;&nbsp;Bank of Nova Scotia/The | Synthetic GIC Asset Fixed Income Investments | 4.338% | 09/15/2031 | 490000 | par | (1) | 488695 |
| &nbsp;&nbsp;Barings Equipment Finance LLC 2025-B | Synthetic GIC Asset Fixed Income Investments | 4.130% | 10/13/2032 | 1535000 | par | (1) | 1538882 |
| &nbsp;&nbsp;Baxter International Inc | Synthetic GIC Asset Fixed Income Investments | 1.915% | 02/01/2027 | 922000 | par | (1) | 899770 |
| &nbsp;&nbsp;Baxter International Inc | Synthetic GIC Asset Fixed Income Investments | 3.950% | 04/01/2030 | 385000 | par | (1) | 375336 |
| &nbsp;&nbsp;Bayer US Finance II LLC | Synthetic GIC Asset Fixed Income Investments | 4.375% | 12/15/2028 | 1200000 | par | (1) | 1201409 |
| &nbsp;&nbsp;BBCMS Mortgage Trust 2018-C2 | Synthetic GIC Asset Fixed Income Investments | 4.314% | 12/15/2051 | 2040000 | par | (1) | 2028721 |
| &nbsp;&nbsp;BBCMS Mortgage Trust 2018-C2 | Synthetic GIC Asset Fixed Income Investments | 4.047% | 12/15/2051 | 1735000 | par | (1) | 1721930 |
| &nbsp;&nbsp;Becton Dickinson & Co | Synthetic GIC Asset Fixed Income Investments | 4.693% | 02/13/2028 | 680000 | par | (1) | 689175 |
| &nbsp;&nbsp;Becton Dickinson & Co | Synthetic GIC Asset Fixed Income Investments | 4.298% | 08/22/2032 | 100000 | par | (1) | 98536 |
| &nbsp;&nbsp;Benchmark 2018-B8 Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 4.232% | 01/15/2052 | 1896000 | par | (1) | 1881547 |
| &nbsp;&nbsp;BFLD Commercial Mortgage Trust 2024-UNIV | Synthetic GIC Asset Fixed Income Investments | 5.243% | 11/15/2041 | 1605000 | par | (1) | 1606002 |
| &nbsp;&nbsp;BHP Billiton Finance USA Ltd | Synthetic GIC Asset Fixed Income Investments | 5.000% | 02/21/2030 | 1490000 | par | (1) | 1538635 |
| &nbsp;&nbsp;Black Hills Corp | Synthetic GIC Asset Fixed Income Investments | 3.150% | 01/15/2027 | 1544000 | par | (1) | 1528833 |
| &nbsp;&nbsp;Black Hills Corp | Synthetic GIC Asset Fixed Income Investments | 4.550% | 01/31/2031 | 595000 | par | (1) | 595721 |
| &nbsp;&nbsp;Blackrock Treasury Trust Fund | Synthetic GIC Asset Fixed Income Investments | 3.630% |  | 11384319 | par | (1) | 11384319 |
| &nbsp;&nbsp;BLP Commercial Mortgage Trust 2025-IND2 | Synthetic GIC Asset Fixed Income Investments | 5.250% | 12/15/2042 | 620000 | par | (1) | 620576 |
| &nbsp;&nbsp;BMP 2024-MF23 | Synthetic GIC Asset Fixed Income Investments | 5.122% | 06/15/2041 | 1785000 | par | (1) | 1787786 |
| &nbsp;&nbsp;BMW US Capital LLC | Synthetic GIC Asset Fixed Income Investments | 4.650% | 08/13/2029 | 690000 | par | (1) | 698721 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;BMW US Capital LLC | Synthetic GIC Asset Fixed Income Investments | 3.950% | 08/14/2028 | 1200000 | par | (1) | 1197413 |
| &nbsp;&nbsp;BMW US Capital LLC | Synthetic GIC Asset Fixed Income Investments | 5.050% | 03/21/2030 | 305000 | par | (1) | 313344 |
| &nbsp;&nbsp;BNP Paribas SA | Synthetic GIC Asset Fixed Income Investments | 2.591% | 01/20/2028 | 700000 | par | (1) | 689241 |
| &nbsp;&nbsp;BNP Paribas SA | Synthetic GIC Asset Fixed Income Investments | 4.400% | 08/14/2028 | 940000 | par | (1) | 942112 |
| &nbsp;&nbsp;BNP Paribas SA | Synthetic GIC Asset Fixed Income Investments | 5.176% | 01/09/2030 | 210000 | par | (1) | 215224 |
| &nbsp;&nbsp;BNP Paribas Sec Corp | Synthetic GIC Asset Fixed Income Investments | 1.675% | 06/30/2027 | 810000 | par | (1) | 799885 |
| &nbsp;&nbsp;BOCA Commercial Mortgage Trust 2025-BOCA | Synthetic GIC Asset Fixed Income Investments | 5.450% | 12/15/2042 | 1015000 | par | (1) | 1016268 |
| &nbsp;&nbsp;Boeing Co/The | Synthetic GIC Asset Fixed Income Investments | 5.040% | 05/01/2027 | 130000 | par | (1) | 131344 |
| &nbsp;&nbsp;Boeing Co/The | Synthetic GIC Asset Fixed Income Investments | 5.150% | 05/01/2030 | 1780000 | par | (1) | 1830769 |
| &nbsp;&nbsp;Boeing Co/The | Synthetic GIC Asset Fixed Income Investments | 2.700% | 02/01/2027 | 1420000 | par | (1) | 1399430 |
| &nbsp;&nbsp;Boeing Co/The | Synthetic GIC Asset Fixed Income Investments | 2.196% | 02/04/2026 | 140000 | par | (1) | 139734 |
| &nbsp;&nbsp;BP Capital Markets America Inc | Synthetic GIC Asset Fixed Income Investments | 4.699% | 04/10/2029 | 940000 | par | (1) | 958916 |
| &nbsp;&nbsp;BP Capital Markets America Inc | Synthetic GIC Asset Fixed Income Investments | 4.893% | 09/11/2033 | 1440000 | par | (1) | 1467073 |
| &nbsp;&nbsp;BP Capital Markets America Inc | Synthetic GIC Asset Fixed Income Investments | 2.721% | 01/12/2032 | 770000 | par | (1) | 702344 |
| &nbsp;&nbsp;Brazos Education Loan Authority | Synthetic GIC Asset Fixed Income Investments | 4.546% | 01/25/2072 | 1361283 | par | (1) | 1342281 |
| &nbsp;&nbsp;Brazos Education Loan Authority Inc | Synthetic GIC Asset Fixed Income Investments | 4.426% | 11/25/2071 | 2424997 | par | (1) | 2387223 |
| &nbsp;&nbsp;Broadcom Inc | Synthetic GIC Asset Fixed Income Investments | 4.350% | 02/15/2030 | 920000 | par | (1) | 926779 |
| &nbsp;&nbsp;Broadcom Inc | Synthetic GIC Asset Fixed Income Investments | 5.050% | 07/12/2029 | 800000 | par | (1) | 824248 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2022-AHP | Synthetic GIC Asset Fixed Income Investments | 4.740% | 01/17/2039 | 2020000 | par | (1) | 2018772 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2024-AIRC | Synthetic GIC Asset Fixed Income Investments | 5.441% | 08/15/2041 | 1263864 | par | (1) | 1266221 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2024-GPA2 | Synthetic GIC Asset Fixed Income Investments | 5.293% | 11/15/2041 | 1950000 | par | (1) | 1951808 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2024-GPA3 | Synthetic GIC Asset Fixed Income Investments | 5.043% | 12/15/2039 | 666207 | par | (1) | 666207 |
| &nbsp;&nbsp;BX Commercial Mortgage Trust 2024-XL5 | Synthetic GIC Asset Fixed Income Investments | 5.142% | 03/15/2041 | 1409964 | par | (1) | 1410832 |
| &nbsp;&nbsp;BX Trust 2021-BXMF | Synthetic GIC Asset Fixed Income Investments | 4.500% | 10/15/2026 | 1088663 | par | (1) | 1087031 |
| &nbsp;&nbsp;BX Trust 2021-RISE | Synthetic GIC Asset Fixed Income Investments | 4.612% | 11/15/2036 | 1462419 | par | (1) | 1461068 |
| &nbsp;&nbsp;BX Trust 2022-IND | Synthetic GIC Asset Fixed Income Investments | 5.241% | 04/15/2037 | 2002183 | par | (1) | 2004027 |
| &nbsp;&nbsp;BX Trust 2024-MDHS | Synthetic GIC Asset Fixed Income Investments | 5.391% | 05/15/2041 | 957116 | par | (1) | 958594 |
| &nbsp;&nbsp;BX Trust 2024-VLT4 | Synthetic GIC Asset Fixed Income Investments | 5.242% | 06/15/2041 | 860000 | par | (1) | 859731 |
| &nbsp;&nbsp;BX Trust 2025-ARIA | Synthetic GIC Asset Fixed Income Investments | 5.031% | 12/13/2042 | 1205000 | par | (1) | 1217090 |
| &nbsp;&nbsp;BX Trust 2025-DELC | Synthetic GIC Asset Fixed Income Investments | 5.507% | 12/15/2042 | 775000 | par | (1) | 775967 |
| &nbsp;&nbsp;BX Trust 2025-DIME | Synthetic GIC Asset Fixed Income Investments | 4.900% | 02/15/2035 | 1105000 | par | (1) | 1102240 |
| &nbsp;&nbsp;BX Trust 2025-GW | Synthetic GIC Asset Fixed Income Investments | 5.350% | 07/15/2042 | 1415000 | par | (1) | 1417652 |
| &nbsp;&nbsp;BX Trust 2025-ROIC | Synthetic GIC Asset Fixed Income Investments | 4.894% | 03/15/2030 | 2276123 | par | (1) | 2273280 |
| &nbsp;&nbsp;Canadian National Railway Co | Synthetic GIC Asset Fixed Income Investments | 4.200% | 03/12/2031 | 1075000 | par | (1) | 1074079 |
| &nbsp;&nbsp;Canadian Natural Resources Ltd | Synthetic GIC Asset Fixed Income Investments | 5.000% | 12/15/2029 | 700000 | par | (1) | 718206 |
| &nbsp;&nbsp;Canadian Natural Resources Ltd | Synthetic GIC Asset Fixed Income Investments | 3.850% | 06/01/2027 | 730000 | par | (1) | 728090 |
| &nbsp;&nbsp;Canadian Pacific Railway Co | Synthetic GIC Asset Fixed Income Investments | 4.000% | 06/01/2028 | 960000 | par | (1) | 960590 |
| &nbsp;&nbsp;Capital One Financial Corp | Synthetic GIC Asset Fixed Income Investments | 4.493% | 09/11/2031 | 500000 | par | (1) | 499629 |
| &nbsp;&nbsp;Capital One Financial Corp | Synthetic GIC Asset Fixed Income Investments | 5.268% | 05/10/2033 | 790000 | par | (1) | 811396 |
| &nbsp;&nbsp;Capital One Financial Corp | Synthetic GIC Asset Fixed Income Investments | 1.878% | 11/02/2027 | 1595000 | par | (1) | 1565094 |
| &nbsp;&nbsp;Capital One Financial Corp | Synthetic GIC Asset Fixed Income Investments | 3.273% | 03/01/2030 | 740000 | par | (1) | 718445 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Cargill Inc | Synthetic GIC Asset Fixed Income Investments | 2.125% | 11/10/2031 | 700000 | par | (1) | 620642 |
| &nbsp;&nbsp;CD 2017-CD5 Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 3.171% | 08/15/2050 | 3506260 | par | (1) | 3453315 |
| &nbsp;&nbsp;Cedars-Sinai Health System | Synthetic GIC Asset Fixed Income Investments | 2.288% | 08/15/2031 | 1500000 | par | (1) | 1353422 |
| &nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | Synthetic GIC Asset Fixed Income Investments | 5.200% | 10/01/2028 | 1130000 | par | (1) | 1167064 |
| &nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | Synthetic GIC Asset Fixed Income Investments | 4.450% | 10/01/2032 | 1970000 | par | (1) | 1964988 |
| &nbsp;&nbsp;CenterPoint Energy Houston Electric LLC | Synthetic GIC Asset Fixed Income Investments | 5.150% | 03/01/2034 | 840000 | par | (1) | 860660 |
| &nbsp;&nbsp;CGMS Commercial Mortgage Trust 2017-B1 | Synthetic GIC Asset Fixed Income Investments | 3.458% | 08/15/2050 | 4219746 | par | (1) | 4166683 |
| &nbsp;&nbsp;Charter Communications Operating LLC | Synthetic GIC Asset Fixed Income Investments | 4.400% | 04/01/2033 | 1100000 | par | (1) | 1037964 |
| &nbsp;&nbsp;Cherokee County Board of Education | Synthetic GIC Asset Fixed Income Investments | 5.626% | 08/01/2028 | 1000000 | par | (1) | 1028890 |
| &nbsp;&nbsp;Children's Hospital Medical Center/Cincinnati OH | Synthetic GIC Asset Fixed Income Investments | 2.853% | 11/15/2026 | 1775000 | par | (1) | 1754105 |
| &nbsp;&nbsp;CHRISTUS Health | Synthetic GIC Asset Fixed Income Investments | 4.341% | 07/01/2028 | 1500000 | par | (1) | 1505970 |
| &nbsp;&nbsp;Citigroup Commercial Mortgage Trust 2018-B2 | Synthetic GIC Asset Fixed Income Investments | 4.009% | 03/10/2051 | 2710000 | par | (1) | 2697350 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 3.668% | 07/24/2028 | 880000 | par | (1) | 874511 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 3.070% | 02/24/2028 | 1716000 | par | (1) | 1696632 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 4.910% | 05/24/2033 | 1580000 | par | (1) | 1601670 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 4.542% | 09/19/2030 | 400000 | par | (1) | 403474 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 4.503% | 09/11/2031 | 640000 | par | (1) | 642774 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 3.520% | 10/27/2028 | 500000 | par | (1) | 495609 |
| &nbsp;&nbsp;Citigroup Inc | Synthetic GIC Asset Fixed Income Investments | 2.572% | 06/03/2031 | 2050000 | par | (1) | 1901293 |
| &nbsp;&nbsp;Citizens Bank NA/Providence RI | Synthetic GIC Asset Fixed Income Investments | 4.575% | 08/09/2028 | 1870000 | par | (1) | 1884221 |
| &nbsp;&nbsp;City & County of Honolulu HI | Synthetic GIC Asset Fixed Income Investments | 3.753% | 09/01/2030 | 425000 | par | (1) | 421825 |
| &nbsp;&nbsp;City of Atlanta GA | Synthetic GIC Asset Fixed Income Investments | 2.288% | 12/01/2033 | 2445000 | par | (1) | 2127297 |
| &nbsp;&nbsp;City of Chicago IL | Synthetic GIC Asset Fixed Income Investments | 6.050% | 01/01/2029 | 75000 | par | (1) | 76127 |
| &nbsp;&nbsp;City of Worcester MA | Synthetic GIC Asset Fixed Income Investments | 6.250% | 01/01/2028 | 495000 | par | (1) | 507598 |
| &nbsp;&nbsp;CLEVELAND CLINIC HEALTH SYSTEM | Synthetic GIC Asset Fixed Income Investments | 2.885% | 01/01/2032 | 3475000 | par | (1) | 3243496 |
| &nbsp;&nbsp;CNH Industrial Capital LLC | Synthetic GIC Asset Fixed Income Investments | 4.750% | 03/21/2028 | 1570000 | par | (1) | 1588350 |
| &nbsp;&nbsp;CNH Industrial Capital LLC | Synthetic GIC Asset Fixed Income Investments | 5.100% | 04/20/2029 | 210000 | par | (1) | 214783 |
| &nbsp;&nbsp;Colorado Housing and Finance Authority | Synthetic GIC Asset Fixed Income Investments | 6.250% | 05/01/2056 | 15000 | par | (1) | 15908 |
| &nbsp;&nbsp;Comcast Corp | Synthetic GIC Asset Fixed Income Investments | 4.950% | 05/15/2032 | 1040000 | par | (1) | 1066664 |
| &nbsp;&nbsp;Comcast Corp | Synthetic GIC Asset Fixed Income Investments | 3.400% | 04/01/2030 | 1480000 | par | (1) | 1436578 |
| &nbsp;&nbsp;CommonSpirit Health | Synthetic GIC Asset Fixed Income Investments | 4.352% | 09/01/2030 | 1250000 | par | (1) | 1245719 |
| &nbsp;&nbsp;Commonwealth of Massachusetts | Synthetic GIC Asset Fixed Income Investments | 1.520% | 11/01/2030 | 95000 | par | (1) | 84861 |
| &nbsp;&nbsp;Commonwealth of Massachusetts | Synthetic GIC Asset Fixed Income Investments | 3.769% | 07/15/2029 | 750000 | par | (1) | 749145 |
| &nbsp;&nbsp;Connecticut Light and Power Co/The | Synthetic GIC Asset Fixed Income Investments | 4.650% | 01/01/2029 | 1620000 | par | (1) | 1651580 |
| &nbsp;&nbsp;Connecticut Light and Power Co/The | Synthetic GIC Asset Fixed Income Investments | 2.050% | 07/01/2031 | 700000 | par | (1) | 622511 |
| &nbsp;&nbsp;ConocoPhillips Co | Synthetic GIC Asset Fixed Income Investments | 4.700% | 01/15/2030 | 1160000 | par | (1) | 1182657 |
| &nbsp;&nbsp;Consumers Energy Co | Synthetic GIC Asset Fixed Income Investments | 3.800% | 11/15/2028 | 1600000 | par | (1) | 1594736 |
| &nbsp;&nbsp;Cooperatieve Rabobank UA | Synthetic GIC Asset Fixed Income Investments | 5.564% | 02/28/2029 | 850000 | par | (1) | 874928 |
| &nbsp;&nbsp;Cooperatieve Rabobank UA | Synthetic GIC Asset Fixed Income Investments | 1.980% | 12/15/2027 | 2080000 | par | (1) | 2038856 |
| &nbsp;&nbsp;Corebridge Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.900% | 09/19/2028 | 880000 | par | (1) | 919377 |
| &nbsp;&nbsp;Corebridge Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.450% | 10/02/2030 | 1245000 | par | (1) | 1240992 |

---

&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Cornell University | Synthetic GIC Asset Fixed Income Investments | 4.169% | 06/15/2030 | 1775000 | par | (1) | 1783421 |
| &nbsp;&nbsp;Coterra Energy Inc | Synthetic GIC Asset Fixed Income Investments | 3.900% | 05/15/2027 | 640000 | par | (1) | 637652 |
| &nbsp;&nbsp;Coterra Energy Inc | Synthetic GIC Asset Fixed Income Investments | 4.375% | 03/15/2029 | 600000 | par | (1) | 601873 |
| &nbsp;&nbsp;County of Bexar TX | Synthetic GIC Asset Fixed Income Investments | 2.171% | 06/15/2032 | 2090000 | par | (1) | 1851364 |
| &nbsp;&nbsp;County of Lee FL Water & Sewer Revenue | Synthetic GIC Asset Fixed Income Investments | 2.416% | 10/01/2028 | 2140000 | par | (1) | 2068438 |
| &nbsp;&nbsp;County of Spokane WA | Synthetic GIC Asset Fixed Income Investments | 2.828% | 12/01/2032 | 875000 | par | (1) | 806103 |
| &nbsp;&nbsp;County of Spokane WA | Synthetic GIC Asset Fixed Income Investments | 2.728% | 12/01/2031 | 950000 | par | (1) | 884868 |
| &nbsp;&nbsp;CRH SMW Finance DAC | Synthetic GIC Asset Fixed Income Investments | 5.125% | 01/09/2030 | 400000 | par | (1) | 412620 |
| &nbsp;&nbsp;CRH SMW Finance DAC | Synthetic GIC Asset Fixed Income Investments | 5.200% | 05/21/2029 | 1150000 | par | (1) | 1187916 |
| &nbsp;&nbsp;CSAIL 2018-C14 Commercial Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 4.422% | 11/15/2051 | 1850000 | par | (1) | 1840678 |
| &nbsp;&nbsp;CubeSmart LP | Synthetic GIC Asset Fixed Income Investments | 2.250% | 12/15/2028 | 1510000 | par | (1) | 1433050 |
| &nbsp;&nbsp;CVS Health Corp | Synthetic GIC Asset Fixed Income Investments | 4.300% | 03/25/2028 | 421000 | par | (1) | 422506 |
| &nbsp;&nbsp;CVS Health Corp | Synthetic GIC Asset Fixed Income Investments | 5.125% | 02/21/2030 | 1860000 | par | (1) | 1912305 |
| &nbsp;&nbsp;CVS Health Corp | Synthetic GIC Asset Fixed Income Investments | 3.000% | 08/15/2026 | 400000 | par | (1) | 397351 |
| &nbsp;&nbsp;CVS Health Corp | Synthetic GIC Asset Fixed Income Investments | 1.300% | 08/21/2027 | 2530000 | par | (1) | 2420623 |
| &nbsp;&nbsp;Daimler Truck Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 4.650% | 10/12/2030 | 220000 | par | (1) | 221751 |
| &nbsp;&nbsp;Daimler Truck Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 3.650% | 04/07/2027 | 820000 | par | (1) | 816023 |
| &nbsp;&nbsp;Daimler Truck Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 5.400% | 09/20/2028 | 750000 | par | (1) | 773594 |
| &nbsp;&nbsp;DC Commercial Mortgage Trust 2023-DC | Synthetic GIC Asset Fixed Income Investments | 6.314% | 09/12/2040 | 2095000 | par | (1) | 2157586 |
| &nbsp;&nbsp;Digital Realty Trust LP | Synthetic GIC Asset Fixed Income Investments | 4.450% | 07/15/2028 | 790000 | par | (1) | 795348 |
| &nbsp;&nbsp;Digital Realty Trust LP | Synthetic GIC Asset Fixed Income Investments | 5.550% | 01/15/2028 | 640000 | par | (1) | 657564 |
| &nbsp;&nbsp;DLLMT 2023-1 LLC | Synthetic GIC Asset Fixed Income Investments | 5.340% | 03/22/2027 | 622917 | par | (1) | 625603 |
| &nbsp;&nbsp;Dominion Energy South Carolina Inc | Synthetic GIC Asset Fixed Income Investments | 2.300% | 12/01/2031 | 930000 | par | (1) | 830691 |
| &nbsp;&nbsp;DTE Electric Co | Synthetic GIC Asset Fixed Income Investments | 2.625% | 03/01/2031 | 950000 | par | (1) | 878467 |
| &nbsp;&nbsp;DTE Electric Co | Synthetic GIC Asset Fixed Income Investments | 3.000% | 03/01/2032 | 1520000 | par | (1) | 1406103 |
| &nbsp;&nbsp;Duke Energy Carolinas LLC | Synthetic GIC Asset Fixed Income Investments | 2.850% | 03/15/2032 | 580000 | par | (1) | 531925 |
| &nbsp;&nbsp;Duke Energy Carolinas LLC | Synthetic GIC Asset Fixed Income Investments | 2.550% | 04/15/2031 | 1230000 | par | (1) | 1133256 |
| &nbsp;&nbsp;Duke Energy Progress LLC | Synthetic GIC Asset Fixed Income Investments | 3.400% | 04/01/2032 | 677000 | par | (1) | 641141 |
| &nbsp;&nbsp;Duke Energy Progress LLC | Synthetic GIC Asset Fixed Income Investments | 2.000% | 08/15/2031 | 2020000 | par | (1) | 1795204 |
| &nbsp;&nbsp;Duke University Health System Inc | Synthetic GIC Asset Fixed Income Investments | 2.552% | 06/01/2029 | 2674000 | par | (1) | 2539337 |
| &nbsp;&nbsp;Eastman Chemical Co | Synthetic GIC Asset Fixed Income Investments | 5.000% | 08/01/2029 | 663000 | par | (1) | 676753 |
| &nbsp;&nbsp;ECMC Group Student Loan Trust 2021-1 | Synthetic GIC Asset Fixed Income Investments | 4.559% | 11/25/2070 | 1245993 | par | (1) | 1232875 |
| &nbsp;&nbsp;EMD Finance LLC | Synthetic GIC Asset Fixed Income Investments | 4.375% | 10/15/2030 | 870000 | par | (1) | 872932 |
| &nbsp;&nbsp;Enbridge Inc | Synthetic GIC Asset Fixed Income Investments | 5.300% | 04/05/2029 | 445000 | par | (1) | 459036 |
| &nbsp;&nbsp;Enbridge Inc | Synthetic GIC Asset Fixed Income Investments | 3.125% | 11/15/2029 | 1290000 | par | (1) | 1236193 |
| &nbsp;&nbsp;Energy Transfer LP | Synthetic GIC Asset Fixed Income Investments | 5.200% | 04/01/2030 | 260000 | par | (1) | 268048 |
| &nbsp;&nbsp;Energy Transfer LP | Synthetic GIC Asset Fixed Income Investments | 6.100% | 12/01/2028 | 1230000 | par | (1) | 1292997 |
| &nbsp;&nbsp;Enterprise Fleet Financing 2025-4 LLC | Synthetic GIC Asset Fixed Income Investments | 4.110% | 12/20/2029 | 2620000 | par | (1) | 2631774 |
| &nbsp;&nbsp;Enterprise Products Operating LLC | Synthetic GIC Asset Fixed Income Investments | 4.600% | 01/15/2031 | 855000 | par | (1) | 866189 |
| &nbsp;&nbsp;EOG Resources Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 07/15/2032 | 490000 | par | (1) | 502642 |
| &nbsp;&nbsp;EOG Resources Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 01/15/2031 | 665000 | par | (1) | 668295 |

---

&nbsp;&nbsp;&nbsp;&nbsp;39&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 5.100% | 12/15/2027 | 500000 | par | (1) | 509552 |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 4.800% | 09/15/2029 | 130000 | par | (1) | 132186 |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 2.350% | 09/15/2031 | 690000 | par | (1) | 614384 |
| &nbsp;&nbsp;Equifax Inc | Synthetic GIC Asset Fixed Income Investments | 5.100% | 06/01/2028 | 1030000 | par | (1) | 1052685 |
| &nbsp;&nbsp;ERP Operating LP | Synthetic GIC Asset Fixed Income Investments | 4.150% | 12/01/2028 | 1240000 | par | (1) | 1246622 |
| &nbsp;&nbsp;Ethiopian Leasing 2012 LLC | Synthetic GIC Asset Fixed Income Investments | 2.646% | 05/12/2026 | 96312 | par | (1) | 95925 |
| &nbsp;&nbsp;Ethiopian Leasing 2012 LLC | Synthetic GIC Asset Fixed Income Investments | 2.566% | 08/14/2026 | 88641 | par | (1) | 87618 |
| &nbsp;&nbsp;Evergy Metro Inc | Synthetic GIC Asset Fixed Income Investments | 4.950% | 04/15/2033 | 1060000 | par | (1) | 1079231 |
| &nbsp;&nbsp;Evergy Metro Inc | Synthetic GIC Asset Fixed Income Investments | 2.250% | 06/01/2030 | 1080000 | par | (1) | 996683 |
| &nbsp;&nbsp;Evergy Missouri West Inc | Synthetic GIC Asset Fixed Income Investments | 5.150% | 12/15/2027 | 420000 | par | (1) | 428164 |
| &nbsp;&nbsp;Exelon Corp | Synthetic GIC Asset Fixed Income Investments | 5.150% | 03/15/2028 | 630000 | par | (1) | 643809 |
| &nbsp;&nbsp;Experian Finance PLC | Synthetic GIC Asset Fixed Income Investments | 4.250% | 02/01/2029 | 1300000 | par | (1) | 1303683 |
| &nbsp;&nbsp;Extended Stay America Trust 2025-ESH | Synthetic GIC Asset Fixed Income Investments | 5.050% | 10/15/2042 | 1970000 | par | (1) | 1973075 |
| &nbsp;&nbsp;Extra Space Storage LP | Synthetic GIC Asset Fixed Income Investments | 4.950% | 01/15/2033 | 350000 | par | (1) | 354157 |
| &nbsp;&nbsp;Extra Space Storage LP | Synthetic GIC Asset Fixed Income Investments | 3.900% | 04/01/2029 | 350000 | par | (1) | 346021 |
| &nbsp;&nbsp;Extra Space Storage LP | Synthetic GIC Asset Fixed Income Investments | 4.000% | 06/15/2029 | 871000 | par | (1) | 863070 |
| &nbsp;&nbsp;Fannie Mae Grantor Trust 2002-T16 | Synthetic GIC Asset Fixed Income Investments | 7.000% | 07/25/2042 | 34584 | par | (1) | 36870 |
| &nbsp;&nbsp;Fannie Mae Grantor Trust 2002-T18 | Synthetic GIC Asset Fixed Income Investments | 7.000% | 08/25/2042 | 16169 | par | (1) | 17570 |
| &nbsp;&nbsp;Fannie Mae Grantor Trust 2004-T3 | Synthetic GIC Asset Fixed Income Investments | 6.000% | 02/25/2044 | 87078 | par | (1) | 87768 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 10/01/2052 | 7391262 | par | (1) | 7460303 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.255% | 11/01/2041 | 27278 | par | (1) | 27424 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.434% | 05/01/2036 | 9004 | par | (1) | 9257 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.178% | 03/01/2034 | 57148 | par | (1) | 58705 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.277% | 04/01/2044 | 9979 | par | (1) | 9943 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.247% | 08/01/2034 | 24878 | par | (1) | 25729 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.058% | 01/01/2035 | 14478 | par | (1) | 15046 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.194% | 07/01/2035 | 7802 | par | (1) | 8035 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.265% | 07/01/2035 | 20766 | par | (1) | 21290 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 10/01/2052 | 5325283 | par | (1) | 5486005 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.102% | 07/01/2035 | 53091 | par | (1) | 54162 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 01/01/2052 | 5384874 | par | (1) | 4642133 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.690% | 01/01/2041 | 17311 | par | (1) | 17939 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.637% | 03/01/2042 | 18740 | par | (1) | 19444 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 07/01/2032 | 276443 | par | (1) | 268376 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.481% | 03/01/2044 | 143846 | par | (1) | 149533 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.510% | 03/01/2044 | 42237 | par | (1) | 43830 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.443% | 05/01/2044 | 114041 | par | (1) | 118645 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 03/01/2033 | 400255 | par | (1) | 387242 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 10/01/2052 | 12864285 | par | (1) | 12680288 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.950% | 01/01/2037 | 8836 | par | (1) | 8939 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 322370 | par | (1) | 312118 |

---

&nbsp;&nbsp;&nbsp;&nbsp;40&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 406888 | par | (1) | 394504 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 572350 | par | (1) | 555571 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.734% | 04/01/2037 | 7007 | par | (1) | 7103 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.486% | 05/01/2036 | 49899 | par | (1) | 49485 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 04/01/2041 | 1731568 | par | (1) | 1709636 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 11/01/2040 | 1184626 | par | (1) | 1169618 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 01/01/2041 | 228167 | par | (1) | 225840 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 05/01/2031 | 257666 | par | (1) | 252683 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 02/01/2031 | 128402 | par | (1) | 126106 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 09/01/2038 | 23978 | par | (1) | 24440 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/01/2036 | 38312 | par | (1) | 40079 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/01/2033 | 243743 | par | (1) | 249556 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 09/01/2052 | 1502963 | par | (1) | 1482878 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.080% | 10/01/2029 | 1430000 | par | (1) | 1429318 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.860% | 12/01/2031 | 2080000 | par | (1) | 2044628 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.360% | 01/01/2030 | 630000 | par | (1) | 637891 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.255% | 01/01/2030 | 220000 | par | (1) | 221892 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 12/01/2049 | 917515 | par | (1) | 827357 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.400% | 01/01/2032 | 2345000 | par | (1) | 2358578 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.320% | 01/01/2030 | 1420000 | par | (1) | 1435663 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 11/01/2048 | 727546 | par | (1) | 722731 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.500% | 08/01/2032 | 64360 | par | (1) | 62838 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 09/01/2033 | 81482 | par | (1) | 82652 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 03/01/2036 | 598138 | par | (1) | 616939 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.300% | 01/01/2030 | 260000 | par | (1) | 262674 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 06/01/2035 | 280939 | par | (1) | 284993 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 10/01/2035 | 184146 | par | (1) | 189216 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.000% | 11/01/2033 | 123339 | par | (1) | 125097 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.450% | 01/01/2031 | 2300000 | par | (1) | 2329737 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.570% | 05/01/2031 | 4630000 | par | (1) | 4694051 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.500% | 10/01/2029 | 19044000 | par | (1) | 18768909 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.885% | 05/01/2029 | 3590000 | par | (1) | 3472496 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.590% | 12/01/2030 | 5010000 | par | (1) | 4668503 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.590% | 03/01/2029 | 4438000 | par | (1) | 4267816 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 1.990% | 02/01/2029 | 5960896 | par | (1) | 5638590 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 1.390% | 11/01/2028 | 790000 | par | (1) | 738443 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 06/01/2052 | 14771369 | par | (1) | 14174871 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.235% | 06/01/2031 | 6005000 | par | (1) | 6020775 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.187% | 11/01/2048 | 75085 | par | (1) | 77950 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 06/01/2056 | 1336099 | par | (1) | 1298045 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 06/01/2056 | 922346 | par | (1) | 896076 |

---

&nbsp;&nbsp;&nbsp;&nbsp;41&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 06/01/2056 | 2308755 | par | (1) | 2254425 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.165% | 12/01/2032 | 2800000 | par | (1) | 2760184 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.500% | 04/01/2046 | 327633 | par | (1) | 311239 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.940% | 11/01/2030 | 5995000 | par | (1) | 5939996 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.980% | 07/01/2030 | 3259321 | par | (1) | 3357414 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.710% | 07/01/2030 | 2370000 | par | (1) | 2415720 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 11/01/2045 | 446166 | par | (1) | 436460 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 3.500% | 11/01/2046 | 909478 | par | (1) | 871796 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.490% | 07/01/2032 | 3000000 | par | (1) | 3023664 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 5.240% | 12/01/2030 | 2331442 | par | (1) | 2423791 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.990% | 07/01/2030 | 2632894 | par | (1) | 2713161 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.730% | 05/01/2031 | 4370000 | par | (1) | 4478380 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 06/01/2031 | 230940 | par | (1) | 223951 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 06/01/2031 | 212586 | par | (1) | 206213 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 06/01/2031 | 248917 | par | (1) | 241456 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 06/01/2031 | 260163 | par | (1) | 252171 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 06/01/2056 | 1081754 | par | (1) | 1013755 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 07/01/2056 | 1994276 | par | (1) | 1878807 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 07/01/2056 | 1334319 | par | (1) | 1250452 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 09/01/2034 | 397249 | par | (1) | 379352 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 10/01/2034 | 796740 | par | (1) | 759485 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 10/01/2034 | 652171 | par | (1) | 622241 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.555% | 03/01/2030 | 1574000 | par | (1) | 1604085 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.280% | 02/01/2030 | 2040000 | par | (1) | 2059468 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.400% | 01/01/2030 | 2305000 | par | (1) | 2333029 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 12/01/2034 | 981945 | par | (1) | 936947 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.620% | 01/01/2032 | 4880000 | par | (1) | 4951019 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.340% | 01/01/2030 | 1090000 | par | (1) | 1102838 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 6.378% | 04/01/2036 | 123665 | par | (1) | 122814 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 08/01/2051 | 3637180 | par | (1) | 3478541 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 01/01/2051 | 1954048 | par | (1) | 1912949 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 2.840% | 01/01/2027 | 2645276 | par | (1) | 2614829 |
| &nbsp;&nbsp;Fannie Mae Pool | Synthetic GIC Asset Fixed Income Investments | 1.390% | 11/01/2028 | 1240000 | par | (1) | 1159075 |
| &nbsp;&nbsp;Fannie Mae REMIC Trust 2005-W1 | Synthetic GIC Asset Fixed Income Investments | 6.500% | 10/25/2044 | 67788 | par | (1) | 70755 |
| &nbsp;&nbsp;Fannie Mae REMICS | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/25/2035 | 86653 | par | (1) | 90099 |
| &nbsp;&nbsp;Fannie Mae Trust 2003-W6 | Synthetic GIC Asset Fixed Income Investments | 6.500% | 09/25/2042 | 34321 | par | (1) | 35450 |
| &nbsp;&nbsp;Fannie Mae Trust 2003-W8 | Synthetic GIC Asset Fixed Income Investments | 7.000% | 10/25/2042 | 5612 | par | (1) | 5802 |
| &nbsp;&nbsp;Fannie Mae Trust 2004-W2 | Synthetic GIC Asset Fixed Income Investments | 7.000% | 02/25/2044 | 22222 | par | (1) | 23086 |
| &nbsp;&nbsp;Federal Realty OP LP | Synthetic GIC Asset Fixed Income Investments | 3.200% | 06/15/2029 | 1100000 | par | (1) | 1063434 |
| &nbsp;&nbsp;Federal Realty OP LP | Synthetic GIC Asset Fixed Income Investments | 5.375% | 05/01/2028 | 1100000 | par | (1) | 1127917 |
| &nbsp;&nbsp;FedEx Corp | Synthetic GIC Asset Fixed Income Investments | 3.100% | 08/05/2029 | 1260000 | par | (1) | 1211887 |

---

&nbsp;&nbsp;&nbsp;&nbsp;42&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Fifth Third Bancorp | Synthetic GIC Asset Fixed Income Investments | 4.055% | 04/25/2028 | 630000 | par | (1) | 629522 |
| &nbsp;&nbsp;Fifth Third Bancorp | Synthetic GIC Asset Fixed Income Investments | 4.337% | 04/25/2033 | 180000 | par | (1) | 176228 |
| &nbsp;&nbsp;Fifth Third Bancorp | Synthetic GIC Asset Fixed Income Investments | 4.772% | 07/28/2030 | 1290000 | par | (1) | 1306308 |
| &nbsp;&nbsp;FirstEnergy Pennsylvania Electric Co | Synthetic GIC Asset Fixed Income Investments | 5.200% | 04/01/2028 | 670000 | par | (1) | 684235 |
| &nbsp;&nbsp;FirstEnergy Transmission LLC | Synthetic GIC Asset Fixed Income Investments | 2.866% | 09/15/2028 | 480000 | par | (1) | 464212 |
| &nbsp;&nbsp;Fiserv Inc | Synthetic GIC Asset Fixed Income Investments | 4.550% | 02/15/2031 | 210000 | par | (1) | 207999 |
| &nbsp;&nbsp;Fiserv Inc | Synthetic GIC Asset Fixed Income Investments | 5.375% | 08/21/2028 | 1820000 | par | (1) | 1866898 |
| &nbsp;&nbsp;Fiserv Inc | Synthetic GIC Asset Fixed Income Investments | 5.450% | 03/02/2028 | 630000 | par | (1) | 645300 |
| &nbsp;&nbsp;Florida Gas Transmission Co LLC | Synthetic GIC Asset Fixed Income Investments | 2.550% | 07/01/2030 | 700000 | par | (1) | 647319 |
| &nbsp;&nbsp;Florida Gas Transmission Co LLC | Synthetic GIC Asset Fixed Income Investments | 2.300% | 10/01/2031 | 895000 | par | (1) | 794272 |
| &nbsp;&nbsp;FMC Corp | Synthetic GIC Asset Fixed Income Investments | 3.450% | 10/01/2029 | 670000 | par | (1) | 595050 |
| &nbsp;&nbsp;Ford Credit Auto Owner Trust 2025-REV2 | Synthetic GIC Asset Fixed Income Investments | 4.370% | 02/15/2038 | 2520000 | par | (1) | 2542960 |
| &nbsp;&nbsp;Ford Credit Auto Owner Trust/Ford Credit | Synthetic GIC Asset Fixed Income Investments | 4.860% | 08/15/2037 | 2385000 | par | (1) | 2452643 |
| &nbsp;&nbsp;Ford Motor Credit Co LLC | Synthetic GIC Asset Fixed Income Investments | 5.303% | 09/06/2029 | 680000 | par | (1) | 685165 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 08/01/2027 | 85434 | par | (1) | 84758 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 02/01/2026 | 980 | par | (1) | 978 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.500% | 02/01/2043 | 61787 | par | (1) | 58861 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 08/01/2038 | 104423 | par | (1) | 110597 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 09/01/2038 | 19870 | par | (1) | 21029 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.000% | 08/01/2038 | 61608 | par | (1) | 65251 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 01/01/2047 | 465227 | par | (1) | 452086 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 04/01/2046 | 578917 | par | (1) | 560777 |
| &nbsp;&nbsp;Freddie Mac Gold Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2043 | 917533 | par | (1) | 851366 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.380% | 10/01/2047 | 237765 | par | (1) | 247495 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.390% | 08/01/2047 | 52409 | par | (1) | 54551 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.265% | 07/01/2047 | 62155 | par | (1) | 64506 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.350% | 08/01/2044 | 82745 | par | (1) | 85983 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.572% | 01/01/2044 | 96978 | par | (1) | 100559 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 2.502% | 05/01/2052 | 5608552 | par | (1) | 5383901 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.706% | 02/01/2042 | 8037 | par | (1) | 8304 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.271% | 11/01/2040 | 9481 | par | (1) | 9813 |
| &nbsp;&nbsp;Freddie Mac Non Gold Pool | Synthetic GIC Asset Fixed Income Investments | 6.219% | 12/01/2036 | 30224 | par | (1) | 31128 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 331868 | par | (1) | 321663 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 239139 | par | (1) | 231788 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 4.500% | 09/01/2052 | 2661300 | par | (1) | 2622853 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 08/01/2052 | 3147779 | par | (1) | 3020665 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 4.000% | 08/01/2052 | 3269335 | par | (1) | 3125063 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2050 | 2367268 | par | (1) | 2135065 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 12/01/2049 | 2387796 | par | (1) | 2153345 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 11/01/2049 | 2313969 | par | (1) | 2087020 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 2.000% | 11/01/2050 | 3859280 | par | (1) | 3186318 |

---

&nbsp;&nbsp;&nbsp;&nbsp;43&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 12/01/2034 | 894744 | par | (1) | 855357 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 01/01/2035 | 2600472 | par | (1) | 2477813 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 01/01/2035 | 841321 | par | (1) | 801651 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 12/01/2034 | 3740881 | par | (1) | 3569253 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.500% | 08/01/2049 | 64045 | par | (1) | 59975 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 3.000% | 01/01/2035 | 234293 | par | (1) | 226956 |
| &nbsp;&nbsp;Freddie Mac Pool | Synthetic GIC Asset Fixed Income Investments | 2.500% | 12/01/2051 | 7039865 | par | (1) | 6095482 |
| &nbsp;&nbsp;Freddie Struct PT Cert | Synthetic GIC Asset Fixed Income Investments | 7.000% | 07/25/2043 | 346501 | par | (1) | 368359 |
| &nbsp;&nbsp;GE HealthCare Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 5.857% | 03/15/2030 | 530000 | par | (1) | 560871 |
| &nbsp;&nbsp;GE HealthCare Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 5.650% | 11/15/2027 | 1790000 | par | (1) | 1843070 |
| &nbsp;&nbsp;General Mills Inc | Synthetic GIC Asset Fixed Income Investments | 4.200% | 04/17/2028 | 1400000 | par | (1) | 1404864 |
| &nbsp;&nbsp;General Motors Financial Co Inc | Synthetic GIC Asset Fixed Income Investments | 2.400% | 10/15/2028 | 1940000 | par | (1) | 1850521 |
| &nbsp;&nbsp;General Motors Financial Co Inc | Synthetic GIC Asset Fixed Income Investments | 4.300% | 04/06/2029 | 1270000 | par | (1) | 1268120 |
| &nbsp;&nbsp;General Motors Financial Co Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 04/09/2027 | 730000 | par | (1) | 737907 |
| &nbsp;&nbsp;Georgia-Pacific LLC | Synthetic GIC Asset Fixed Income Investments | 2.300% | 04/30/2030 | 1300000 | par | (1) | 1199996 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 5.625% | 03/20/2042 | 34949 | par | (1) | 35624 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.580% | 01/20/2067 | 913313 | par | (1) | 912359 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.409% | 02/20/2067 | 520648 | par | (1) | 519747 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 5.040% | 06/20/2058 | 32107 | par | (1) | 32522 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.179% | 12/20/2066 | 735808 | par | (1) | 732538 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.569% | 01/20/2067 | 364637 | par | (1) | 363784 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.680% | 03/20/2065 | 197639 | par | (1) | 197400 |
| &nbsp;&nbsp;Ginnie Mae II pool | Synthetic GIC Asset Fixed Income Investments | 4.860% | 05/20/2058 | 69541 | par | (1) | 69573 |
| &nbsp;&nbsp;GM Financial Revolving Receivables Trust 2022-1 | Synthetic GIC Asset Fixed Income Investments | 5.910% | 10/11/2035 | 1525000 | par | (1) | 1580367 |
| &nbsp;&nbsp;GM Financial Revolving Receivables Trust 2023-2 | Synthetic GIC Asset Fixed Income Investments | 5.770% | 08/11/2036 | 3125000 | par | (1) | 3280844 |
| &nbsp;&nbsp;GM Financial Revolving Receivables Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 4.980% | 12/11/2036 | 1595000 | par | (1) | 1640973 |
| &nbsp;&nbsp;GM Financial Revolving Receivables Trust 2024-2 | Synthetic GIC Asset Fixed Income Investments | 4.520% | 03/11/2037 | 3010000 | par | (1) | 3060815 |
| &nbsp;&nbsp;GM Financial Revolving Receivables Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.640% | 12/11/2037 | 2210000 | par | (1) | 2255113 |
| &nbsp;&nbsp;GMF Floorplan Owner Revolving Trust | Synthetic GIC Asset Fixed Income Investments | 5.340% | 06/15/2028 | 3340000 | par | (1) | 3359997 |
| &nbsp;&nbsp;GNMA | Synthetic GIC Asset Fixed Income Investments | 4.764% | 10/20/2065 | 183902 | par | (1) | 184178 |
| &nbsp;&nbsp;GNMA | Synthetic GIC Asset Fixed Income Investments | 5.114% | 12/20/2066 | 741816 | par | (1) | 746643 |
| &nbsp;&nbsp;GNMA | Synthetic GIC Asset Fixed Income Investments | 5.014% | 12/20/2066 | 438358 | par | (1) | 440702 |
| &nbsp;&nbsp;Goldman Sachs Group Inc | Synthetic GIC Asset Fixed Income Investments | 5.049% | 07/23/2030 | 590000 | par | (1) | 604959 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.207% | 01/28/2031 | 750000 | par | (1) | 775017 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 3.615% | 03/15/2028 | 1030000 | par | (1) | 1024405 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 1.948% | 10/21/2027 | 3170000 | par | (1) | 3116592 |
| &nbsp;&nbsp;Goldman Sachs Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.727% | 04/25/2030 | 640000 | par | (1) | 669043 |
| &nbsp;&nbsp;Government National Mortgage Association | Synthetic GIC Asset Fixed Income Investments | 4.834% | 01/20/2069 | 2954336 | par | (1) | 2962537 |
| &nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS6 | Synthetic GIC Asset Fixed Income Investments | 3.164% | 05/10/2050 | 2129521 | par | (1) | 2100613 |
| &nbsp;&nbsp;GS Mortgage Securities Trust 2017-GS8 | Synthetic GIC Asset Fixed Income Investments | 3.205% | 11/10/2050 | 4510000 | par | (1) | 4448028 |
| &nbsp;&nbsp;GS Mortgage Securities Trust 2018-GS10 | Synthetic GIC Asset Fixed Income Investments | 4.155% | 07/10/2051 | 2366207 | par | (1) | 2339765 |

---

&nbsp;&nbsp;&nbsp;&nbsp;44&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Halliburton Co | Synthetic GIC Asset Fixed Income Investments | 2.920% | 03/01/2030 | 1730000 | par | (1) | 1638127 |
| &nbsp;&nbsp;Health Care Service Corp A Mutual Legal Reserve Co | Synthetic GIC Asset Fixed Income Investments | 5.200% | 06/15/2029 | 1860000 | par | (1) | 1907845 |
| &nbsp;&nbsp;Healthpeak OP LLC | Synthetic GIC Asset Fixed Income Investments | 2.875% | 01/15/2031 | 1470000 | par | (1) | 1363199 |
| &nbsp;&nbsp;Healthpeak OP LLC | Synthetic GIC Asset Fixed Income Investments | 3.500% | 07/15/2029 | 580000 | par | (1) | 564145 |
| &nbsp;&nbsp;Hewlett Packard Enterprise Co | Synthetic GIC Asset Fixed Income Investments | 4.400% | 10/15/2030 | 1030000 | par | (1) | 1027838 |
| &nbsp;&nbsp;Hewlett Packard Enterprise Co | Synthetic GIC Asset Fixed Income Investments | 4.550% | 10/15/2029 | 1750000 | par | (1) | 1764954 |
| &nbsp;&nbsp;Hexcel Corp | Synthetic GIC Asset Fixed Income Investments | 4.200% | 02/15/2027 | 1230000 | par | (1) | 1227399 |
| &nbsp;&nbsp;HP Inc | Synthetic GIC Asset Fixed Income Investments | 4.000% | 04/15/2029 | 1130000 | par | (1) | 1118705 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 4.041% | 03/13/2028 | 2187000 | par | (1) | 2184183 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 2.871% | 11/22/2032 | 1490000 | par | (1) | 1355130 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 4.755% | 06/09/2028 | 540000 | par | (1) | 544796 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 6.161% | 03/09/2029 | 840000 | par | (1) | 874820 |
| &nbsp;&nbsp;HSBC Holdings PLC | Synthetic GIC Asset Fixed Income Investments | 4.583% | 06/19/2029 | 400000 | par | (1) | 403832 |
| &nbsp;&nbsp;Hudson Yards 2025-SPRL Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 5.467% | 01/13/2040 | 1720000 | par | (1) | 1784450 |
| &nbsp;&nbsp;Huntington Bancshares Inc/OH | Synthetic GIC Asset Fixed Income Investments | 4.443% | 08/04/2028 | 730000 | par | (1) | 734085 |
| &nbsp;&nbsp;Huntington National Bank/The | Synthetic GIC Asset Fixed Income Investments | 5.650% | 01/10/2030 | 600000 | par | (1) | 629052 |
| &nbsp;&nbsp;Huntington National Bank/The | Synthetic GIC Asset Fixed Income Investments | 4.552% | 05/17/2028 | 960000 | par | (1) | 965796 |
| &nbsp;&nbsp;Hyundai Capital America | Synthetic GIC Asset Fixed Income Investments | 5.300% | 01/08/2030 | 1030000 | par | (1) | 1062136 |
| &nbsp;&nbsp;Indiana Housing & Community Development Authority | Synthetic GIC Asset Fixed Income Investments | 5.750% | 07/01/2054 | 2055000 | par | (1) | 2110793 |
| &nbsp;&nbsp;Indianapolis Power & Light Co | Synthetic GIC Asset Fixed Income Investments | 5.050% | 08/15/2035 | 1570000 | par | (1) | 1582714 |
| &nbsp;&nbsp;Indianapolis Power & Light Co | Synthetic GIC Asset Fixed Income Investments | 5.650% | 12/01/2032 | 1100000 | par | (1) | 1150961 |
| &nbsp;&nbsp;Ingredion Inc | Synthetic GIC Asset Fixed Income Investments | 3.200% | 10/01/2026 | 600000 | par | (1) | 595947 |
| &nbsp;&nbsp;Ingredion Inc | Synthetic GIC Asset Fixed Income Investments | 2.900% | 06/01/2030 | 740000 | par | (1) | 697235 |
| &nbsp;&nbsp;International Business Machines Corp | Synthetic GIC Asset Fixed Income Investments | 4.800% | 02/10/2030 | 1500000 | par | (1) | 1535856 |
| &nbsp;&nbsp;Interstate Power and Light Co | Synthetic GIC Asset Fixed Income Investments | 4.100% | 09/26/2028 | 1200000 | par | (1) | 1199212 |
| &nbsp;&nbsp;INTOWN 2025-STAY Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 5.100% | 03/15/2042 | 2035000 | par | (1) | 2037542 |
| &nbsp;&nbsp;J Paul Getty Trust/The | Synthetic GIC Asset Fixed Income Investments | 4.905% | 04/01/2035 | 1185000 | par | (1) | 1208129 |
| &nbsp;&nbsp;John Deere Owner Trust 2023-B | Synthetic GIC Asset Fixed Income Investments | 5.180% | 03/15/2028 | 619472 | par | (1) | 623281 |
| &nbsp;&nbsp;John Deere Owner Trust 2024 | Synthetic GIC Asset Fixed Income Investments | 4.960% | 11/15/2028 | 1215000 | par | (1) | 1225656 |
| &nbsp;&nbsp;Johns Hopkins Health System Corp/The | Synthetic GIC Asset Fixed Income Investments | 2.420% | 01/01/2030 | 1607000 | par | (1) | 1496847 |
| &nbsp;&nbsp;Johnson Controls / Tyco Fire Security Finance | Synthetic GIC Asset Fixed Income Investments | 5.500% | 04/19/2029 | 760000 | par | (1) | 791000 |
| &nbsp;&nbsp;JPMBB Commercial Mortgage Sec Trust 2014-C24 | Synthetic GIC Asset Fixed Income Investments | 3.639% | 11/15/2047 | 233101 | par | (1) | 229536 |
| &nbsp;&nbsp;JPMCC Commercial Mortgage Sec Trust 2017-JP5 | Synthetic GIC Asset Fixed Income Investments | 3.723% | 03/15/2050 | 1185000 | par | (1) | 1178091 |
| &nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2016-C4 | Synthetic GIC Asset Fixed Income Investments | 3.141% | 12/15/2049 | 1765000 | par | (1) | 1736668 |
| &nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust 2017-C7 | Synthetic GIC Asset Fixed Income Investments | 3.409% | 10/15/2050 | 1875000 | par | (1) | 1843543 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 4.452% | 12/05/2029 | 1370000 | par | (1) | 1384406 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 2.069% | 06/01/2029 | 660000 | par | (1) | 630408 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 2.182% | 06/01/2028 | 1500000 | par | (1) | 1462994 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 1.470% | 09/22/2027 | 2970000 | par | (1) | 2915970 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 4.203% | 07/23/2029 | 810000 | par | (1) | 812515 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 5.140% | 01/24/2031 | 1055000 | par | (1) | 1091337 |

---

&nbsp;&nbsp;&nbsp;&nbsp;45&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 5.299% | 07/24/2029 | 640000 | par | (1) | 659784 |
| &nbsp;&nbsp;JPMorgan Chase & Co | Synthetic GIC Asset Fixed Income Investments | 4.565% | 06/14/2030 | 410000 | par | (1) | 415066 |
| &nbsp;&nbsp;Kentucky Higher Education Student Loan Corp | Synthetic GIC Asset Fixed Income Investments | 5.475% | 11/25/2050 | 3819419 | par | (1) | 3741732 |
| &nbsp;&nbsp;KeyBank NA/Cleveland OH | Synthetic GIC Asset Fixed Income Investments | 5.000% | 01/26/2033 | 690000 | par | (1) | 697927 |
| &nbsp;&nbsp;KeyCorp | Synthetic GIC Asset Fixed Income Investments | 5.121% | 04/04/2031 | 610000 | par | (1) | 626902 |
| &nbsp;&nbsp;Kimco Realty OP LLC | Synthetic GIC Asset Fixed Income Investments | 2.250% | 12/01/2031 | 2140000 | par | (1) | 1900311 |
| &nbsp;&nbsp;Kinder Morgan Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 02/01/2029 | 1310000 | par | (1) | 1341005 |
| &nbsp;&nbsp;Kinder Morgan Inc | Synthetic GIC Asset Fixed Income Investments | 1.750% | 11/15/2026 | 1610000 | par | (1) | 1580476 |
| &nbsp;&nbsp;King County Public Hospital District No 2 | Synthetic GIC Asset Fixed Income Investments | 2.601% | 12/01/2034 | 2045000 | par | (1) | 1752013 |
| &nbsp;&nbsp;L3Harris Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 5.050% | 06/01/2029 | 810000 | par | (1) | 832405 |
| &nbsp;&nbsp;L3Harris Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 06/15/2028 | 450000 | par | (1) | 453474 |
| &nbsp;&nbsp;Lake Central Multi-District School Building Corp | Synthetic GIC Asset Fixed Income Investments | 1.651% | 07/15/2028 | 1695000 | par | (1) | 1607640 |
| &nbsp;&nbsp;Leland Stanford Junior University/The | Synthetic GIC Asset Fixed Income Investments | 4.146% | 08/01/2030 | 2220000 | par | (1) | 2234050 |
| &nbsp;&nbsp;Leland Stanford Junior University/The | Synthetic GIC Asset Fixed Income Investments | 1.289% | 06/01/2027 | 975000 | par | (1) | 943128 |
| &nbsp;&nbsp;Leland Stanford Junior University/The | Synthetic GIC Asset Fixed Income Investments | 3.089% | 05/01/2029 | 2000000 | par | (1) | 1941188 |
| &nbsp;&nbsp;Lennox International Inc | Synthetic GIC Asset Fixed Income Investments | 1.700% | 08/01/2027 | 490000 | par | (1) | 472660 |
| &nbsp;&nbsp;Lennox International Inc | Synthetic GIC Asset Fixed Income Investments | 5.500% | 09/15/2028 | 1100000 | par | (1) | 1135553 |
| &nbsp;&nbsp;Life 2022-BMR Mortgage Trust | Synthetic GIC Asset Fixed Income Investments | 5.045% | 05/15/2039 | 1235000 | par | (1) | 1191027 |
| &nbsp;&nbsp;Lockheed Martin Corp | Synthetic GIC Asset Fixed Income Investments | 4.400% | 08/15/2030 | 1530000 | par | (1) | 1546010 |
| &nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | Synthetic GIC Asset Fixed Income Investments | 4.145% | 02/01/2031 | 2980000 | par | (1) | 2982324 |
| &nbsp;&nbsp;Louisiana Local Govt Env Fac. & Comm Dev Auth | Synthetic GIC Asset Fixed Income Investments | 4.475% | 08/01/2039 | 1000000 | par | (1) | 977090 |
| &nbsp;&nbsp;Lowe's Cos Inc | Synthetic GIC Asset Fixed Income Investments | 3.750% | 04/01/2032 | 610000 | par | (1) | 585358 |
| &nbsp;&nbsp;M&T Bank Corp | Synthetic GIC Asset Fixed Income Investments | 4.553% | 08/16/2028 | 630000 | par | (1) | 633434 |
| &nbsp;&nbsp;Mars Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 03/01/2032 | 1660000 | par | (1) | 1713464 |
| &nbsp;&nbsp;Marsh & McLennan Cos Inc | Synthetic GIC Asset Fixed Income Investments | 4.650% | 03/15/2030 | 1060000 | par | (1) | 1081678 |
| &nbsp;&nbsp;Masco Corp | Synthetic GIC Asset Fixed Income Investments | 2.000% | 10/01/2030 | 1790000 | par | (1) | 1598617 |
| &nbsp;&nbsp;Massachusetts Water Resources Authority | Synthetic GIC Asset Fixed Income Investments | 2.390% | 08/01/2033 | 2005000 | par | (1) | 1762936 |
| &nbsp;&nbsp;MassMutual Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.850% | 01/17/2029 | 1130000 | par | (1) | 1154001 |
| &nbsp;&nbsp;MassMutual Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.950% | 01/10/2030 | 758000 | par | (1) | 776501 |
| &nbsp;&nbsp;MD Comm Dev Admin Housing Rev | Synthetic GIC Asset Fixed Income Investments | 3.500% | 09/01/2047 | 25000 | par | (1) | 24955 |
| &nbsp;&nbsp;Mercedes-Benz Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 5.000% | 04/01/2030 | 585000 | par | (1) | 600789 |
| &nbsp;&nbsp;Mercedes-Benz Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 4.850% | 01/11/2029 | 1310000 | par | (1) | 1335363 |
| &nbsp;&nbsp;Mercedes-Benz Finance North America LLC | Synthetic GIC Asset Fixed Income Investments | 5.100% | 08/03/2028 | 1090000 | par | (1) | 1118959 |
| &nbsp;&nbsp;Merck & Co Inc | Synthetic GIC Asset Fixed Income Investments | 4.150% | 03/15/2031 | 1280000 | par | (1) | 1277645 |
| &nbsp;&nbsp;Met Tower Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.250% | 04/12/2029 | 890000 | par | (1) | 920042 |
| &nbsp;&nbsp;METLIFE SECURITIZATION TRUST 2019-1 | Synthetic GIC Asset Fixed Income Investments | 3.750% | 04/25/2058 | 226529 | par | (1) | 224287 |
| &nbsp;&nbsp;Metropolitan Life Global Funding I | Synthetic GIC Asset Fixed Income Investments | 2.950% | 04/09/2030 | 1400000 | par | (1) | 1329107 |
| &nbsp;&nbsp;Microchip Technology Inc | Synthetic GIC Asset Fixed Income Investments | 5.050% | 02/15/2030 | 910000 | par | (1) | 929137 |
| &nbsp;&nbsp;Microchip Technology Inc | Synthetic GIC Asset Fixed Income Investments | 5.050% | 03/15/2029 | 1220000 | par | (1) | 1244753 |
| &nbsp;&nbsp;Mid-America Apartments LP | Synthetic GIC Asset Fixed Income Investments | 3.950% | 03/15/2029 | 900000 | par | (1) | 895120 |
| &nbsp;&nbsp;Mid-Atlantic Interstate Transmission LLC | Synthetic GIC Asset Fixed Income Investments | 4.100% | 05/15/2028 | 1200000 | par | (1) | 1201073 |

---

&nbsp;&nbsp;&nbsp;&nbsp;46&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;Minnesota Housing Finance Agency | Synthetic GIC Asset Fixed Income Investments | 6.000% | 07/01/2053 | 1690000 | par | (1) | 1749944 |
| &nbsp;&nbsp;Minnesota Housing Finance Agency | Synthetic GIC Asset Fixed Income Investments | 6.000% | 01/01/2054 | 1115000 | par | (1) | 1155921 |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 4.527% | 09/12/2031 | 655000 | par | (1) | 659153 |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 5.197% | 01/16/2031 | 950000 | par | (1) | 980698 |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 1.538% | 07/20/2027 | 1180000 | par | (1) | 1163537 |
| &nbsp;&nbsp;Mitsubishi UFJ Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 2.341% | 01/19/2028 | 1370000 | par | (1) | 1346209 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2020-A | Synthetic GIC Asset Fixed Income Investments | 1.400% | 08/09/2030 | 815000 | par | (1) | 793682 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2022-A | Synthetic GIC Asset Fixed Income Investments | 3.320% | 06/13/2044 | 2305000 | par | (1) | 2301402 |
| &nbsp;&nbsp;MMAF Equipment Finance LLC 2023-A | Synthetic GIC Asset Fixed Income Investments | 5.540% | 12/13/2029 | 2545000 | par | (1) | 2581080 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.192% | 04/17/2031 | 460000 | par | (1) | 474671 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 4.210% | 04/20/2028 | 1550000 | par | (1) | 1553691 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.164% | 04/20/2029 | 1910000 | par | (1) | 1953621 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.230% | 01/15/2031 | 605000 | par | (1) | 624569 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.173% | 01/16/2030 | 1150000 | par | (1) | 1181294 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 2.475% | 01/21/2028 | 1730000 | par | (1) | 1701900 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.449% | 07/20/2029 | 370000 | par | (1) | 382034 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 5.042% | 07/19/2030 | 580000 | par | (1) | 595198 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 4.431% | 01/23/2030 | 610000 | par | (1) | 613761 |
| &nbsp;&nbsp;Morgan Stanley | Synthetic GIC Asset Fixed Income Investments | 1.593% | 05/04/2027 | 710000 | par | (1) | 703844 |
| &nbsp;&nbsp;Morgan Stanley BAML Trust 2017-C33 | Synthetic GIC Asset Fixed Income Investments | 3.337% | 05/15/2050 | 2550000 | par | (1) | 2524362 |
| &nbsp;&nbsp;Morgan Stanley BAML Trust 2017-C34 | Synthetic GIC Asset Fixed Income Investments | 3.536% | 11/15/2052 | 800000 | par | (1) | 789753 |
| &nbsp;&nbsp;Mosaic Co/The | Synthetic GIC Asset Fixed Income Investments | 4.600% | 11/15/2030 | 810000 | par | (1) | 812254 |
| &nbsp;&nbsp;Motorola Solutions Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 04/15/2029 | 320000 | par | (1) | 328077 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 4.950% | 09/01/2032 | 440000 | par | (1) | 443588 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 1.750% | 03/01/2026 | 810000 | par | (1) | 806809 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 4.125% | 03/01/2027 | 900000 | par | (1) | 900417 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 4.800% | 02/15/2031 | 960000 | par | (1) | 971200 |
| &nbsp;&nbsp;MPLX LP | Synthetic GIC Asset Fixed Income Investments | 4.000% | 03/15/2028 | 490000 | par | (1) | 489102 |
| &nbsp;&nbsp;MS State Higher Ed Asst Co | Synthetic GIC Asset Fixed Income Investments | 4.669% | 10/25/2035 | 278806 | par | (1) | 278967 |
| &nbsp;&nbsp;Mutual of Omaha Cos Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.750% | 10/15/2029 | 490000 | par | (1) | 498001 |
| &nbsp;&nbsp;Mutual of Omaha Cos Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.000% | 04/01/2030 | 650000 | par | (1) | 664981 |
| &nbsp;&nbsp;Mutual of Omaha Cos Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.450% | 12/12/2028 | 1290000 | par | (1) | 1335035 |
| &nbsp;&nbsp;Nature Conservancy/The | Synthetic GIC Asset Fixed Income Investments | 3.016% | 03/01/2030 | 1500000 | par | (1) | 1411881 |
| &nbsp;&nbsp;Navient Refinance Loan Trust 2025-A | Synthetic GIC Asset Fixed Income Investments | 5.150% | 02/16/2055 | 1651725 | par | (1) | 1675294 |
| &nbsp;&nbsp;Navient Student Loan Trust 2021-1 | Synthetic GIC Asset Fixed Income Investments | 4.589% | 12/26/2069 | 1768321 | par | (1) | 1744135 |
| &nbsp;&nbsp;Nebraska Investment Finance Authority | Synthetic GIC Asset Fixed Income Investments | 6.000% | 09/01/2053 | 1685000 | par | (1) | 1758651 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-A | Synthetic GIC Asset Fixed Income Investments | 1.360% | 04/20/2062 | 1291239 | par | (1) | 1221769 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-C | Synthetic GIC Asset Fixed Income Investments | 1.320% | 04/20/2062 | 373193 | par | (1) | 350548 |
| &nbsp;&nbsp;Nelnet Student Loan Trust 2021-D | Synthetic GIC Asset Fixed Income Investments | 1.630% | 04/20/2062 | 1911557 | par | (1) | 1824333 |
| &nbsp;&nbsp;Nevada Housing Division | Synthetic GIC Asset Fixed Income Investments | 5.750% | 10/01/2053 | 1770000 | par | (1) | 1823436 |
| &nbsp;&nbsp;New York City Transitional Finance Authority | Synthetic GIC Asset Fixed Income Investments | 4.930% | 05/01/2031 | 1335000 | par | (1) | 1382139 |

---

&nbsp;&nbsp;&nbsp;&nbsp;47&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;New York Hospital for Special Surgery | Synthetic GIC Asset Fixed Income Investments | 3.737% | 04/01/2028 | 285000 | par | (1) | 283038 |
| &nbsp;&nbsp;Newmont Corp / Newcrest Finance Pty Ltd | Synthetic GIC Asset Fixed Income Investments | 5.350% | 03/15/2034 | 500000 | par | (1) | 523411 |
| &nbsp;&nbsp;NLG Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.400% | 01/23/2030 | 1090000 | par | (1) | 1121402 |
| &nbsp;&nbsp;NLG Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.350% | 09/15/2030 | 630000 | par | (1) | 622547 |
| &nbsp;&nbsp;NNN REIT Inc | Synthetic GIC Asset Fixed Income Investments | 4.600% | 02/15/2031 | 790000 | par | (1) | 796265 |
| &nbsp;&nbsp;NNN REIT Inc | Synthetic GIC Asset Fixed Income Investments | 4.300% | 10/15/2028 | 1350000 | par | (1) | 1358034 |
| &nbsp;&nbsp;Norfolk Southern Corp | Synthetic GIC Asset Fixed Income Investments | 2.550% | 11/01/2029 | 1470000 | par | (1) | 1389284 |
| &nbsp;&nbsp;North Carolina Housing Finance Agency | Synthetic GIC Asset Fixed Income Investments | 2.870% | 07/01/2032 | 15000 | par | (1) | 15000 |
| &nbsp;&nbsp;North Texas Higher Education Authority Inc | Synthetic GIC Asset Fixed Income Investments | 4.416% | 10/25/2061 | 1777765 | par | (1) | 1758600 |
| &nbsp;&nbsp;North Texas Higher Education Authority Inc | Synthetic GIC Asset Fixed Income Investments | 4.416% | 09/25/2061 | 1356254 | par | (1) | 1350058 |
| &nbsp;&nbsp;NorthWestern Corp | Synthetic GIC Asset Fixed Income Investments | 5.073% | 03/21/2030 | 1310000 | par | (1) | 1344425 |
| &nbsp;&nbsp;Northwestern Mutual Global Funding | Synthetic GIC Asset Fixed Income Investments | 3.300% | 04/04/2029 | 970000 | par | (1) | 942241 |
| &nbsp;&nbsp;NTT Finance Corp | Synthetic GIC Asset Fixed Income Investments | 5.110% | 07/02/2029 | 1330000 | par | (1) | 1365825 |
| &nbsp;&nbsp;NTT Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.876% | 07/16/2030 | 1400000 | par | (1) | 1427012 |
| &nbsp;&nbsp;Nutrien Ltd | Synthetic GIC Asset Fixed Income Investments | 2.950% | 05/13/2030 | 540000 | par | (1) | 510662 |
| &nbsp;&nbsp;Nutrien Ltd | Synthetic GIC Asset Fixed Income Investments | 4.900% | 03/27/2028 | 720000 | par | (1) | 733157 |
| &nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | Synthetic GIC Asset Fixed Income Investments | 4.850% | 08/19/2032 | 630000 | par | (1) | 634248 |
| &nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | Synthetic GIC Asset Fixed Income Investments | 2.650% | 02/15/2032 | 1800000 | par | (1) | 1618961 |
| &nbsp;&nbsp;NXP BV / NXP Funding LLC / NXP USA Inc | Synthetic GIC Asset Fixed Income Investments | 5.000% | 01/15/2033 | 400000 | par | (1) | 407025 |
| &nbsp;&nbsp;OhioHealth Corp | Synthetic GIC Asset Fixed Income Investments | 2.297% | 11/15/2031 | 2100000 | par | (1) | 1886415 |
| &nbsp;&nbsp;Oklahoma Development Finance Authority | Synthetic GIC Asset Fixed Income Investments | 3.877% | 05/01/2032 | 1990467 | par | (1) | 1957186 |
| &nbsp;&nbsp;Oklahoma Development Finance Authority | Synthetic GIC Asset Fixed Income Investments | 4.135% | 12/01/2033 | 816201 | par | (1) | 811418 |
| &nbsp;&nbsp;Oklahoma Development Finance Authority | Synthetic GIC Asset Fixed Income Investments | 4.285% | 02/01/2032 | 262865 | par | (1) | 261994 |
| &nbsp;&nbsp;Oncor Electric Delivery Co LLC | Synthetic GIC Asset Fixed Income Investments | 2.750% | 05/15/2030 | 1930000 | par | (1) | 1819878 |
| &nbsp;&nbsp;Oncor Electric Delivery Co LLC | Synthetic GIC Asset Fixed Income Investments | 4.650% | 11/01/2029 | 1150000 | par | (1) | 1169526 |
| &nbsp;&nbsp;Oncor Electric Delivery Co LLC | Synthetic GIC Asset Fixed Income Investments | 4.550% | 09/15/2032 | 1250000 | par | (1) | 1251081 |
| &nbsp;&nbsp;ONE Gas Inc | Synthetic GIC Asset Fixed Income Investments | 5.100% | 04/01/2029 | 480000 | par | (1) | 494359 |
| &nbsp;&nbsp;ONEOK Inc | Synthetic GIC Asset Fixed Income Investments | 3.250% | 06/01/2030 | 1108000 | par | (1) | 1055594 |
| &nbsp;&nbsp;ONEOK Inc | Synthetic GIC Asset Fixed Income Investments | 4.400% | 10/15/2029 | 310000 | par | (1) | 311225 |
| &nbsp;&nbsp;ONEOK Inc | Synthetic GIC Asset Fixed Income Investments | 4.950% | 10/15/2032 | 420000 | par | (1) | 422513 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 4.800% | 09/26/2032 | 450000 | par | (1) | 436600 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 5.200% | 09/26/2035 | 440000 | par | (1) | 422548 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 4.200% | 09/27/2029 | 950000 | par | (1) | 931668 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 6.150% | 11/09/2029 | 300000 | par | (1) | 313434 |
| &nbsp;&nbsp;Oracle Corp | Synthetic GIC Asset Fixed Income Investments | 2.950% | 04/01/2030 | 2465000 | par | (1) | 2278195 |
| &nbsp;&nbsp;Orlando Health Obligated Group | Synthetic GIC Asset Fixed Income Investments | 3.777% | 10/01/2028 | 1000000 | par | (1) | 988855 |
| &nbsp;&nbsp;Orlando Health Obligated Group | Synthetic GIC Asset Fixed Income Investments | 2.291% | 10/01/2028 | 1250000 | par | (1) | 1196285 |
| &nbsp;&nbsp;Pacific Life Global Funding II | Synthetic GIC Asset Fixed Income Investments | 4.900% | 01/11/2029 | 870000 | par | (1) | 889036 |
| &nbsp;&nbsp;Packaging Corp of America | Synthetic GIC Asset Fixed Income Investments | 3.000% | 12/15/2029 | 1200000 | par | (1) | 1148051 |
| &nbsp;&nbsp;Pfizer Inc | Synthetic GIC Asset Fixed Income Investments | 4.200% | 11/15/2030 |  | par | (1) |  |
| &nbsp;&nbsp;PFS Financing Corp | Synthetic GIC Asset Fixed Income Investments | 5.520% | 10/15/2028 | 1400000 | par | (1) | 1415877 |

---

&nbsp;&nbsp;&nbsp;&nbsp;48&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;PHEAA Student Loan Trust 2016-2 | Synthetic GIC Asset Fixed Income Investments | 4.939% | 11/25/2065 | 561149 | par | (1) | 560533 |
| &nbsp;&nbsp;Phillips 66 Co | Synthetic GIC Asset Fixed Income Investments | 5.250% | 06/15/2031 | 1120000 | par | (1) | 1165338 |
| &nbsp;&nbsp;Pioneer Natural Resources Co | Synthetic GIC Asset Fixed Income Investments | 2.150% | 01/15/2031 | 880000 | par | (1) | 798923 |
| &nbsp;&nbsp;Pioneer Natural Resources Co | Synthetic GIC Asset Fixed Income Investments | 1.900% | 08/15/2030 | 650000 | par | (1) | 589229 |
| &nbsp;&nbsp;Plains All American Pipeline LP / PAA Finance Corp | Synthetic GIC Asset Fixed Income Investments | 4.700% | 01/15/2031 | 835000 | par | (1) | 840468 |
| &nbsp;&nbsp;PNC Bank NA | Synthetic GIC Asset Fixed Income Investments | 2.700% | 10/22/2029 | 2200000 | par | (1) | 2079084 |
| &nbsp;&nbsp;PNC Financial Services Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.222% | 01/29/2031 | 750000 | par | (1) | 776614 |
| &nbsp;&nbsp;PNC Financial Services Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.068% | 01/24/2034 | 310000 | par | (1) | 317628 |
| &nbsp;&nbsp;PNC Financial Services Group Inc/The | Synthetic GIC Asset Fixed Income Investments | 4.899% | 05/13/2031 | 540000 | par | (1) | 553206 |
| &nbsp;&nbsp;PPG Industries Inc | Synthetic GIC Asset Fixed Income Investments | 2.550% | 06/15/2030 | 1330000 | par | (1) | 1239833 |
| &nbsp;&nbsp;PPL Electric Utilities Corp | Synthetic GIC Asset Fixed Income Investments | 5.000% | 05/15/2033 | 2190000 | par | (1) | 2246493 |
| &nbsp;&nbsp;President and Fellows of Harvard College | Synthetic GIC Asset Fixed Income Investments | 4.887% | 03/15/2030 | 1150000 | par | (1) | 1187040 |
| &nbsp;&nbsp;Principal Life Global Funding II | Synthetic GIC Asset Fixed Income Investments | 5.100% | 01/25/2029 | 1260000 | par | (1) | 1290917 |
| &nbsp;&nbsp;Prologis LP | Synthetic GIC Asset Fixed Income Investments | 4.750% | 01/15/2031 | 270000 | par | (1) | 276268 |
| &nbsp;&nbsp;Protective Life Global Funding | Synthetic GIC Asset Fixed Income Investments | 5.467% | 12/08/2028 | 650000 | par | (1) | 673665 |
| &nbsp;&nbsp;Providence St Joseph Health Obligated Group | Synthetic GIC Asset Fixed Income Investments | 2.746% | 10/01/2026 | 750000 | par | (1) | 743451 |
| &nbsp;&nbsp;PSNH Funding LLC 3 | Synthetic GIC Asset Fixed Income Investments | 3.506% | 08/01/2028 | 289595 | par | (1) | 289174 |
| &nbsp;&nbsp;Public Service Co of New Hampshire | Synthetic GIC Asset Fixed Income Investments | 2.200% | 06/15/2031 | 830000 | par | (1) | 745921 |
| &nbsp;&nbsp;Public Service Co of New Hampshire | Synthetic GIC Asset Fixed Income Investments | 5.350% | 10/01/2033 | 400000 | par | (1) | 418075 |
| &nbsp;&nbsp;Public Service Electric and Gas Co | Synthetic GIC Asset Fixed Income Investments | 1.900% | 08/15/2031 | 1360000 | par | (1) | 1201969 |
| &nbsp;&nbsp;Puget Sound Energy Inc | Synthetic GIC Asset Fixed Income Investments | 5.330% | 06/15/2034 | 980000 | par | (1) | 1010366 |
| &nbsp;&nbsp;Regions Financial Corp | Synthetic GIC Asset Fixed Income Investments | 1.800% | 08/12/2028 | 1570000 | par | (1) | 1484524 |
| &nbsp;&nbsp;RELX Capital Inc | Synthetic GIC Asset Fixed Income Investments | 4.750% | 03/27/2030 | 560000 | par | (1) | 571504 |
| &nbsp;&nbsp;Revvity Inc | Synthetic GIC Asset Fixed Income Investments | 1.900% | 09/15/2028 | 1420000 | par | (1) | 1335859 |
| &nbsp;&nbsp;Rexford Industrial Realty LP | Synthetic GIC Asset Fixed Income Investments | 5.000% | 06/15/2028 | 1130000 | par | (1) | 1149977 |
| &nbsp;&nbsp;RI State Std Ln Authority | Synthetic GIC Asset Fixed Income Investments | 5.093% | 09/01/2036 | 517521 | par | (1) | 514866 |
| &nbsp;&nbsp;Rio Tinto Finance USA PLC | Synthetic GIC Asset Fixed Income Investments | 4.875% | 03/14/2030 | 1000000 | par | (1) | 1028500 |
| &nbsp;&nbsp;Roche Holdings Inc | Synthetic GIC Asset Fixed Income Investments | 4.075% | 12/02/2030 | 635000 | par | (1) | 633882 |
| &nbsp;&nbsp;ROCK Trust 2024-CNTR | Synthetic GIC Asset Fixed Income Investments | 5.388% | 11/13/2041 | 1475000 | par | (1) | 1516306 |
| &nbsp;&nbsp;Rogers Communications Inc | Synthetic GIC Asset Fixed Income Investments | 3.800% | 03/15/2032 | 1490000 | par | (1) | 1406097 |
| &nbsp;&nbsp;Roper Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.450% | 09/15/2030 | 640000 | par | (1) | 643557 |
| &nbsp;&nbsp;Roper Technologies Inc | Synthetic GIC Asset Fixed Income Investments | 4.500% | 10/15/2029 | 560000 | par | (1) | 565854 |
| &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC Asset Fixed Income Investments | 4.970% | 05/02/2031 | 940000 | par | (1) | 962076 |
| &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC Asset Fixed Income Investments | 5.153% | 02/04/2031 | 1470000 | par | (1) | 1514901 |
| &nbsp;&nbsp;Royal Bank of Canada | Synthetic GIC Asset Fixed Income Investments | 4.696% | 08/06/2031 | 770000 | par | (1) | 780564 |
| &nbsp;&nbsp;RTX Corp | Synthetic GIC Asset Fixed Income Investments | 4.125% | 11/16/2028 | 2000000 | par | (1) | 2007370 |
| &nbsp;&nbsp;RTX Corp | Synthetic GIC Asset Fixed Income Investments | 2.250% | 07/01/2030 | 970000 | par | (1) | 893902 |
| &nbsp;&nbsp;Sabine Pass Liquefaction LLC | Synthetic GIC Asset Fixed Income Investments | 4.500% | 05/15/2030 | 1890000 | par | (1) | 1899459 |
| &nbsp;&nbsp;San Diego Community College District | Synthetic GIC Asset Fixed Income Investments | 2.383% | 08/01/2033 | 1000000 | par | (1) | 882340 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.938% | 03/10/2032 | 14807594 | par | (1) | 14141104 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 1.304% | 09/10/2031 | 4526119 | par | (1) | 4032681 |

---

&nbsp;&nbsp;&nbsp;&nbsp;49&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 5.168% | 03/10/2033 | 8062069 | par | (1) | 8234694 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 1.667% | 03/10/2031 | 2389652 | par | (1) | 2193304 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 3.548% | 09/10/2028 | 1243779 | par | (1) | 1229158 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.078% | 03/10/2030 | 2753251 | par | (1) | 2609459 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.507% | 03/10/2026 | 200346 | par | (1) | 199772 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.283% | 09/10/2029 | 1751393 | par | (1) | 1674593 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 3.113% | 03/10/2029 | 851651 | par | (1) | 831533 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.518% | 09/10/2027 | 738936 | par | (1) | 721374 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 2.845% | 03/10/2027 | 1113622 | par | (1) | 1097914 |
| &nbsp;&nbsp;SBA Small Business Investment Cos | Synthetic GIC Asset Fixed Income Investments | 4.963% | 03/10/2035 | 6320000 | par | (1) | 6417448 |
| &nbsp;&nbsp;SC State Std Ln Corp | Synthetic GIC Asset Fixed Income Investments | 4.489% | 01/25/2041 | 74051 | par | (1) | 73201 |
| &nbsp;&nbsp;SC State Std Ln Corp | Synthetic GIC Asset Fixed Income Investments | 5.868% | 10/27/2036 | 160251 | par | (1) | 159871 |
| &nbsp;&nbsp;Sealed Air Corp | Synthetic GIC Asset Fixed Income Investments | 1.573% | 10/15/2026 | 750000 | par | (1) | 734018 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2018-3 | Synthetic GIC Asset Fixed Income Investments | 3.500% | 08/25/2057 | 1719887 | par | (1) | 1688705 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2019-1 | Synthetic GIC Asset Fixed Income Investments | 4.000% | 07/25/2058 | 959544 | par | (1) | 920607 |
| &nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series 2019-2 | Synthetic GIC Asset Fixed Income Investments | 4.000% | 08/25/2058 | 1164579 | par | (1) | 1110123 |
| &nbsp;&nbsp;Shell Finance US Inc | Synthetic GIC Asset Fixed Income Investments | 4.125% | 11/06/2030 | 920000 | par | (1) | 920713 |
| &nbsp;&nbsp;Sherwin-Williams Co/The | Synthetic GIC Asset Fixed Income Investments | 4.500% | 08/15/2030 | 650000 | par | (1) | 656736 |
| &nbsp;&nbsp;Sherwin-Williams Co/The | Synthetic GIC Asset Fixed Income Investments | 2.950% | 08/15/2029 | 1000000 | par | (1) | 958715 |
| &nbsp;&nbsp;SLM Student Loan Trust 2003-10 | Synthetic GIC Asset Fixed Income Investments | 5.064% | 12/17/2068 | 1801794 | par | (1) | 1794277 |
| &nbsp;&nbsp;SMALL BUSINESS ADMINISTRATION | Synthetic GIC Asset Fixed Income Investments | 2.130% | 01/01/2033 | 210199 | par | (1) | 198468 |
| &nbsp;&nbsp;Small Business Administration Participation Cert | Synthetic GIC Asset Fixed Income Investments | 4.790% | 10/01/2050 | 1500000 | par | (1) | 1513982 |
| &nbsp;&nbsp;SMRT 2022-MINI | Synthetic GIC Asset Fixed Income Investments | 4.751% | 01/15/2039 | 790000 | par | (1) | 789999 |
| &nbsp;&nbsp;Smurfit Kappa Treasury ULC | Synthetic GIC Asset Fixed Income Investments | 5.200% | 01/15/2030 | 790000 | par | (1) | 814451 |
| &nbsp;&nbsp;South32 Treasury Ltd | Synthetic GIC Asset Fixed Income Investments | 4.350% | 04/14/2032 | 2980000 | par | (1) | 2889441 |
| &nbsp;&nbsp;Spire Missouri Inc | Synthetic GIC Asset Fixed Income Investments | 5.150% | 08/15/2034 | 150000 | par | (1) | 153978 |
| &nbsp;&nbsp;Stanford Health Care | Synthetic GIC Asset Fixed Income Investments | 3.310% | 08/15/2030 | 1351000 | par | (1) | 1306918 |
| &nbsp;&nbsp;State of California | Synthetic GIC Asset Fixed Income Investments | 5.750% | 10/01/2031 | 1750000 | par | (1) | 1905785 |
| &nbsp;&nbsp;State of Hawaii | Synthetic GIC Asset Fixed Income Investments | 1.710% | 08/01/2028 | 2475000 | par | (1) | 2352067 |
| &nbsp;&nbsp;State of Texas | Synthetic GIC Asset Fixed Income Investments | 4.631% | 04/01/2033 | 1250000 | par | (1) | 1247513 |
| &nbsp;&nbsp;State Street Corp | Synthetic GIC Asset Fixed Income Investments | 4.421% | 05/13/2033 | 560000 | par | (1) | 558244 |
| &nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 3.040% | 07/16/2029 | 680000 | par | (1) | 653094 |
| &nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 5.716% | 09/14/2028 | 900000 | par | (1) | 937704 |
| &nbsp;&nbsp;Sumitomo Mitsui Financial Group Inc | Synthetic GIC Asset Fixed Income Investments | 1.902% | 09/17/2028 | 2780000 | par | (1) | 2626964 |
| &nbsp;&nbsp;SWCH Commercial Mortgage Trust 2025-DATA | Synthetic GIC Asset Fixed Income Investments | 5.193% | 02/15/2042 | 1260000 | par | (1) | 1248268 |
| &nbsp;&nbsp;Take-Two Interactive Software Inc | Synthetic GIC Asset Fixed Income Investments | 3.700% | 04/14/2027 | 590000 | par | (1) | 587681 |
| &nbsp;&nbsp;Take-Two Interactive Software Inc | Synthetic GIC Asset Fixed Income Investments | 5.400% | 06/12/2029 | 650000 | par | (1) | 672798 |
| &nbsp;&nbsp;Texas Electric Market Stabilization Funding N LLC | Synthetic GIC Asset Fixed Income Investments | 4.265% | 08/01/2034 | 2656589 | par | (1) | 2649204 |
| &nbsp;&nbsp;Texas Natural Gas Securitization Finance Corp | Synthetic GIC Asset Fixed Income Investments | 5.102% | 04/01/2035 | 3558557 | par | (1) | 3653036 |
| &nbsp;&nbsp;Texas Transportation Commission State Highway Fund | Synthetic GIC Asset Fixed Income Investments | 5.178% | 04/01/2030 | 730000 | par | (1) | 746921 |
| &nbsp;&nbsp;T-Mobile USA Inc | Synthetic GIC Asset Fixed Income Investments | 5.125% | 05/15/2032 | 940000 | par | (1) | 968603 |

---

&nbsp;&nbsp;&nbsp;&nbsp;50&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;T-Mobile USA Inc | Synthetic GIC Asset Fixed Income Investments | 2.400% | 03/15/2029 | 1110000 | par | (1) | 1051950 |
| &nbsp;&nbsp;T-Mobile USA Inc | Synthetic GIC Asset Fixed Income Investments | 4.800% | 07/15/2028 | 1050000 | par | (1) | 1069315 |
| &nbsp;&nbsp;T-Mobile USA Inc | Synthetic GIC Asset Fixed Income Investments | 3.375% | 04/15/2029 | 1430000 | par | (1) | 1394730 |
| &nbsp;&nbsp;Toronto-Dominion Bank/The | Synthetic GIC Asset Fixed Income Investments | 4.994% | 04/05/2029 | 930000 | par | (1) | 953993 |
| &nbsp;&nbsp;Toronto-Dominion Bank/The | Synthetic GIC Asset Fixed Income Investments | 5.523% | 07/17/2028 | 670000 | par | (1) | 694415 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2017-6 | Synthetic GIC Asset Fixed Income Investments | 2.750% | 10/25/2057 | 17613 | par | (1) | 17384 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2019-4 | Synthetic GIC Asset Fixed Income Investments | 2.900% | 10/25/2059 | 1934190 | par | (1) | 1866184 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2019-HY1 | Synthetic GIC Asset Fixed Income Investments | 4.846% | 10/25/2048 | 260451 | par | (1) | 260704 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2019-HY2 | Synthetic GIC Asset Fixed Income Investments | 4.846% | 05/25/2058 | 275635 | par | (1) | 280661 |
| &nbsp;&nbsp;Towd Point Mortgage Trust 2022-4 | Synthetic GIC Asset Fixed Income Investments | 3.750% | 09/25/2062 | 2111501 | par | (1) | 2036101 |
| &nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2022-1 | Synthetic GIC Asset Fixed Income Investments | 3.820% | 04/25/2035 | 4710000 | par | (1) | 4707358 |
| &nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2023-1 | Synthetic GIC Asset Fixed Income Investments | 4.930% | 06/25/2036 | 4060000 | par | (1) | 4154951 |
| &nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2024-1 | Synthetic GIC Asset Fixed Income Investments | 5.160% | 11/25/2036 | 4560000 | par | (1) | 4728164 |
| &nbsp;&nbsp;Toyota Auto Loan Extended Note Trust 2025-1 | Synthetic GIC Asset Fixed Income Investments | 4.650% | 05/25/2038 | 3310000 | par | (1) | 3378994 |
| &nbsp;&nbsp;Toyota Motor Credit Corp | Synthetic GIC Asset Fixed Income Investments | 4.550% | 08/09/2029 | 180000 | par | (1) | 183114 |
| &nbsp;&nbsp;Toyota Motor Credit Corp | Synthetic GIC Asset Fixed Income Investments | 5.100% | 03/21/2031 | 440000 | par | (1) | 457494 |
| &nbsp;&nbsp;Transcontinental Gas Pipe Line Co LLC | Synthetic GIC Asset Fixed Income Investments | 4.000% | 03/15/2028 | 720000 | par | (1) | 719613 |
| &nbsp;&nbsp;Transcontinental Gas Pipe Line Co LLC | Synthetic GIC Asset Fixed Income Investments | 3.250% | 05/15/2030 | 1205000 | par | (1) | 1155430 |
| &nbsp;&nbsp;Trinity Health | Synthetic GIC Asset Fixed Income Investments | 3.084% | 12/01/2034 | 2235000 | par | (1) | 2045092 |
| &nbsp;&nbsp;Truist Bank | Synthetic GIC Asset Fixed Income Investments | 4.632% | 09/17/2029 | 1200000 | par | (1) | 1203718 |
| &nbsp;&nbsp;Truist Bank | Synthetic GIC Asset Fixed Income Investments | 4.136% | 10/23/2029 | 1205000 | par | (1) | 1204532 |
| &nbsp;&nbsp;Truist Financial Corp | Synthetic GIC Asset Fixed Income Investments | 5.071% | 05/20/2031 | 1020000 | par | (1) | 1048778 |
| &nbsp;&nbsp;Trustees of Dartmouth College | Synthetic GIC Asset Fixed Income Investments | 4.273% | 06/01/2030 | 1850000 | par | (1) | 1867930 |
| &nbsp;&nbsp;Trustees of Princeton University/The | Synthetic GIC Asset Fixed Income Investments | 4.647% | 07/01/2030 | 1250000 | par | (1) | 1280114 |
| &nbsp;&nbsp;UBS Commercial Mortgage Trust 2017-C3 | Synthetic GIC Asset Fixed Income Investments | 3.167% | 08/15/2050 | 1455000 | par | (1) | 1440580 |
| &nbsp;&nbsp;UBS Commercial Mortgage Trust 2018-C10 | Synthetic GIC Asset Fixed Income Investments | 4.313% | 05/15/2051 | 2550000 | par | (1) | 2546111 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 2.746% | 02/11/2033 | 510000 | par | (1) | 457983 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 1.364% | 01/30/2027 | 2000000 | par | (1) | 1995516 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 1.305% | 02/02/2027 | 410000 | par | (1) | 408756 |
| &nbsp;&nbsp;UBS Group AG | Synthetic GIC Asset Fixed Income Investments | 3.869% | 01/12/2029 | 340000 | par | (1) | 338153 |
| &nbsp;&nbsp;UDR Inc | Synthetic GIC Asset Fixed Income Investments | 3.500% | 01/15/2028 | 1380000 | par | (1) | 1364683 |
| &nbsp;&nbsp;Union Electric Co | Synthetic GIC Asset Fixed Income Investments | 2.950% | 03/15/2030 | 2760000 | par | (1) | 2632311 |
| &nbsp;&nbsp;United States Int Dev Finance Corp | Synthetic GIC Asset Fixed Income Investments | 3.600% | 03/15/2035 | 3097826 | par | (1) | 3023051 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 3.230% | 02/01/2034 | 304903 | par | (1) | 296275 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.180% | 07/01/2048 | 5692461 | par | (1) | 5826706 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.880% | 07/01/2035 | 354885 | par | (1) | 337306 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 4.910% | 01/01/2048 | 1184581 | par | (1) | 1197303 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.800% | 01/01/2037 | 727729 | par | (1) | 686662 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 3.150% | 07/01/2033 | 434077 | par | (1) | 420691 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.980% | 07/01/2037 | 571714 | par | (1) | 541132 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.720% | 01/01/2029 | 272232 | par | (1) | 275008 |

---

&nbsp;&nbsp;&nbsp;&nbsp;51&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.100% | 06/01/2050 | 2728319 | par | (1) | 2763198 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.680% | 06/01/2028 | 25137 | par | (1) | 25304 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 4.710% | 12/01/2047 | 1913968 | par | (1) | 1919783 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.600% | 09/01/2028 | 62815 | par | (1) | 63740 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 3.210% | 03/01/2034 | 281179 | par | (1) | 272791 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.040% | 10/01/2047 | 2971713 | par | (1) | 3006824 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.980% | 06/01/2035 | 462326 | par | (1) | 438734 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 4.480% | 04/01/2048 | 2488446 | par | (1) | 2452980 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.630% | 10/01/2028 | 72593 | par | (1) | 73756 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.540% | 09/01/2026 | 6992 | par | (1) | 7022 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.810% | 12/01/2036 | 258715 | par | (1) | 244342 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 6.770% | 11/01/2028 | 21316 | par | (1) | 21828 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.810% | 06/01/2037 | 1452935 | par | (1) | 1371869 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.780% | 12/01/2037 | 1320254 | par | (1) | 1231663 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.310% | 05/01/2027 | 25186 | par | (1) | 25192 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 3.800% | 08/01/2047 | 6673177 | par | (1) | 6330997 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.510% | 11/01/2027 | 35470 | par | (1) | 35771 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.120% | 05/01/2050 | 2301513 | par | (1) | 2343316 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.280% | 12/01/2048 | 2782194 | par | (1) | 2856101 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.130% | 11/01/2047 | 3430208 | par | (1) | 3506215 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 5.380% | 04/01/2049 | 2905414 | par | (1) | 2999114 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 3.370% | 10/01/2033 | 619819 | par | (1) | 605257 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.840% | 04/01/2037 | 1290415 | par | (1) | 1212656 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 2.850% | 10/01/2037 | 1143794 | par | (1) | 1072544 |
| &nbsp;&nbsp;United States Small Business Administration | Synthetic GIC Asset Fixed Income Investments | 3.940% | 05/01/2047 | 6623721 | par | (1) | 6317354 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.625% | 12/31/2030 | 12030000 | par | (1) | 11984888 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.250% | 08/15/2035 | 44560000 | par | (1) | 44977750 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.500% | 11/15/2033 | 16000000 | par | (1) | 16549376 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.000% | 11/15/2035 | 6055000 | par | (1) | 5981208 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.875% | 04/30/2030 | 11825000 | par | (1) | 11926624 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.625% | 04/30/2031 | 5895000 | par | (1) | 6142543 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.375% | 05/15/2034 | 7620000 | par | (1) | 7801569 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.250% | 11/15/2034 | 5060000 | par | (1) | 5123447 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.250% | 05/15/2035 | 11190000 | par | (1) | 11307148 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.500% | 12/15/2028 | 6000000 | par | (1) | 5995314 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.500% | 11/30/2030 | 17795000 | par | (1) | 17632336 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.250% | 01/31/2030 | 1820000 | par | (1) | 1861733 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.875% | 07/31/2030 | 11980000 | par | (1) | 12078739 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.875% | 08/15/2033 | 5355000 | par | (1) | 5319646 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.000% | 02/15/2034 | 16270000 | par | (1) | 16249028 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.875% | 08/15/2034 | 1295000 | par | (1) | 1277547 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 4.625% | 02/15/2035 | 16510000 | par | (1) | 17172332 |
| &nbsp;&nbsp;United States Treasury Note/Bond | Synthetic GIC Asset Fixed Income Investments | 3.500% | 02/15/2033 | 7410000 | par | (1) | 7212879 |
| &nbsp;&nbsp;UnitedHealth Group Inc | Synthetic GIC Asset Fixed Income Investments | 4.700% | 04/15/2029 | 1200000 | par | (1) | 1224368 |
| &nbsp;&nbsp;University of North Carolina at Chapel Hill | Synthetic GIC Asset Fixed Income Investments | 3.327% | 12/01/2036 | 500000 | par | (1) | 461920 |
| &nbsp;&nbsp;US Bancorp | Synthetic GIC Asset Fixed Income Investments | 5.384% | 01/23/2030 | 1470000 | par | (1) | 1523429 |

---

&nbsp;&nbsp;&nbsp;&nbsp;52&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
|  | &nbsp;&nbsp;US Bancorp | Synthetic GIC Asset Fixed Income Investments | 5.850% | 10/21/2033 | 210000 | par | (1) | 225213 |
|  | &nbsp;&nbsp;US Bank NA/Cincinnati OH | Synthetic GIC Asset Fixed Income Investments | 4.730% | 05/15/2028 | 1250000 | par | (1) | 1262860 |
|  | &nbsp;&nbsp;Utah Housing Corp | Synthetic GIC Asset Fixed Income Investments | 6.000% | 07/01/2055 | 1210000 | par | (1) | 1260312 |
|  | &nbsp;&nbsp;Ventas Realty LP | Synthetic GIC Asset Fixed Income Investments | 4.400% | 01/15/2029 | 1370000 | par | (1) | 1376453 |
|  | &nbsp;&nbsp;Verizon Communications Inc | Synthetic GIC Asset Fixed Income Investments | 2.550% | 03/21/2031 | 1300000 | par | (1) | 1188923 |
|  | &nbsp;&nbsp;Verizon Communications Inc | Synthetic GIC Asset Fixed Income Investments | 2.355% | 03/15/2032 | 1603000 | par | (1) | 1414771 |
|  | &nbsp;&nbsp;Verizon Communications Inc | Synthetic GIC Asset Fixed Income Investments | 4.750% | 01/15/2033 | 1155000 | par | (1) | 1156376 |
|  | &nbsp;&nbsp;Verizon Master Trust | Synthetic GIC Asset Fixed Income Investments | 5.160% | 06/20/2029 | 1995000 | par | (1) | 2006647 |
|  | &nbsp;&nbsp;Virginia Housing Development Authority 2016-A | Synthetic GIC Asset Fixed Income Investments | 3.100% | 06/25/2041 | 214627 | par | (1) | 191439 |
|  | &nbsp;&nbsp;Virginia Power Fuel Securitization LLC | Synthetic GIC Asset Fixed Income Investments | 4.877% | 05/01/2031 | 2125000 | par | (1) | 2174672 |
|  | &nbsp;&nbsp;Volkswagen Group of America Finance LLC | Synthetic GIC Asset Fixed Income Investments | 5.650% | 09/12/2028 | 1960000 | par | (1) | 2021370 |
|  | &nbsp;&nbsp;Volkswagen Group of America Finance LLC | Synthetic GIC Asset Fixed Income Investments | 4.350% | 06/08/2027 | 950000 | par | (1) | 951537 |
|  | &nbsp;&nbsp;Voya Global Funding | Synthetic GIC Asset Fixed Income Investments | 4.600% | 11/24/2030 | 255000 | par | (1) | 256464 |
|  | &nbsp;&nbsp;Warnermedia Holdings Inc | Synthetic GIC Asset Fixed Income Investments | 4.279% | 03/15/2032 | 2108000 | par | (1) | 1850445 |
|  | &nbsp;&nbsp;WEC Energy Group Inc | Synthetic GIC Asset Fixed Income Investments | 2.200% | 12/15/2028 | 665000 | par | (1) | 631865 |
|  | &nbsp;&nbsp;WEC Energy Group Inc | Synthetic GIC Asset Fixed Income Investments | 5.150% | 10/01/2027 | 755000 | par | (1) | 769981 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C38 | Synthetic GIC Asset Fixed Income Investments | 3.453% | 07/15/2050 | 2350000 | par | (1) | 2325363 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C39 | Synthetic GIC Asset Fixed Income Investments | 3.157% | 09/15/2050 | 2270000 | par | (1) | 2233569 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C40 | Synthetic GIC Asset Fixed Income Investments | 3.317% | 10/15/2050 | 3065000 | par | (1) | 3027426 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2017-C42 | Synthetic GIC Asset Fixed Income Investments | 3.589% | 12/15/2050 | 1870000 | par | (1) | 1845322 |
| \* | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust 2018-C43 | Synthetic GIC Asset Fixed Income Investments | 4.012% | 03/15/2051 | 2820000 | par | (1) | 2807874 |
|  | &nbsp;&nbsp;Welltower OP LLC | Synthetic GIC Asset Fixed Income Investments | 2.050% | 01/15/2029 | 550000 | par | (1) | 518755 |
|  | &nbsp;&nbsp;Welltower OP LLC | Synthetic GIC Asset Fixed Income Investments | 4.125% | 03/15/2029 | 2191000 | par | (1) | 2196335 |
|  | &nbsp;&nbsp;West Haymarket Joint Public Agency | Synthetic GIC Asset Fixed Income Investments | 5.400% | 12/15/2030 | 1250000 | par | (1) | 1295938 |
|  | &nbsp;&nbsp;Weyerhaeuser Co | Synthetic GIC Asset Fixed Income Investments | 4.000% | 04/15/2030 | 1200000 | par | (1) | 1184587 |
|  | &nbsp;&nbsp;Wheels Fleet Lease Funding 1 LLC | Synthetic GIC Asset Fixed Income Investments | 5.800% | 04/18/2038 | 573788 | par | (1) | 577449 |
|  | &nbsp;&nbsp;Williams Cos Inc/The | Synthetic GIC Asset Fixed Income Investments | 4.900% | 03/15/2029 | 290000 | par | (1) | 296232 |
|  | &nbsp;&nbsp;Williams Cos Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.650% | 03/15/2033 | 730000 | par | (1) | 769043 |
|  | &nbsp;&nbsp;Williams Cos Inc/The | Synthetic GIC Asset Fixed Income Investments | 5.300% | 08/15/2028 | 940000 | par | (1) | 968006 |
|  | &nbsp;&nbsp;Wisconsin Power and Light Co | Synthetic GIC Asset Fixed Income Investments | 5.375% | 03/30/2034 | 700000 | par | (1) | 722633 |

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&nbsp;&nbsp;&nbsp;&nbsp;53&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** | **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) | 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, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 | December 31, 2025 |
|  |  |  |  | **Maturity** |  |  |  |  |
| **Identity of issuer, borrower, lessor, or similar party** | **Identity of issuer, borrower, lessor, or similar party** | **Description of asset** | **Interest rate** | **date** | **Par value** | **Par value** | **Cost** | **Current value** |
|  | &nbsp;&nbsp;Wisconsin Power and Light Co | Synthetic GIC Asset Fixed Income Investments | 3.950% | 09/01/2032 | 790000 | par | (1) | 762059 |
|  | &nbsp;&nbsp;WRKCO INC | Synthetic GIC Asset Fixed Income Investments | 4.000% | 03/15/2028 | 1115000 | par | (1) | 1112544 |
|  | &nbsp;&nbsp;WRKCO INC | Synthetic GIC Asset Fixed Income Investments | 3.900% | 06/01/2028 | 920000 | par | (1) | 915434 |
|  | &nbsp;&nbsp;Xcel Energy Inc | Synthetic GIC Asset Fixed Income Investments | 1.750% | 03/15/2027 | 465000 | par | (1) | 452520 |
|  | &nbsp;&nbsp;Yale University | Synthetic GIC Asset Fixed Income Investments | 1.482% | 04/15/2030 | 500000 | par | (1) | 451134 |
|  | &nbsp;&nbsp;Yale University | Synthetic GIC Asset Fixed Income Investments | 4.701% | 04/15/2032 | 1650000 | par | (1) | 1699122 |
|  |  |  |  |  | Total Synthetic GIC Asset Fixed Income Investments | Total Synthetic GIC Asset Fixed Income Investments | Total Synthetic GIC Asset Fixed Income Investments | 2578813838 |
|  |  |  |  |  | Total Investments in Synthetic GIC Contracts | Total Investments in Synthetic GIC Contracts | Total Investments in Synthetic GIC Contracts | 3734269181 |
|  |  |  |  |  | Total Investments | Total Investments |  | 63681342017 |
| \* | Participant Loans | Loans to Participants | &nbsp;&nbsp;&nbsp;&nbsp; 3.250%-11.500% | 12/30/2045 |  |  |  | 683052198 |
|  |  |  |  |  | Total Assets Held for Investments | Total Assets Held for Investments | Total Assets Held for Investments | $64364394215 |
| \* | Represents a party-in-interest. |  |  |  |  |  |  |  |
| (1) | Cost information not required as investments are participant directed. | 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. | 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 17, 2026

------

**EXHIBITS**

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

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| | | |
|:---|:---|:---|
| **Exhibit No.** | **Description** | **Location** |
| <u>[23](exhibit23_2025.htm)</u> | <u>[Consent of Independent Registered Public Accounting Firm](exhibit23_2025.htm)</u> | Filed herewith. |
| 101.INS | Inline XBRL Instance Document | The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document. |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | Filed herewith. |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | Filed herewith. |
| 101.DEF | Inline XBRL Taxonomy Extension Definitions Linkbase Document | Filed herewith. |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | Filed herewith. |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | Filed herewith. |
| 104 | Cover Page Interactive Data File | Formatted as Inline XBRL and contained in Exhibit 101. |

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&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. 333-293862) on Form S-8 of our report dated June 17, 2026, with respect to the financial statements and the supplemental schedule of the Wells Fargo & Company 401(k) Plan.

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

Cleveland, Ohio

June 17, 2026

<br>