X0306 4 2021-03-15 0000072971 WELLS FARGO & COMPANY/MN WFC 0001689421 Pelos Petros G 420 MONTGOMERY STREET SAN FRANCISCO CA 94104 1 Sr. Executive Vice President Common Stock, $1 2/3 Par Value 2021-03-15 4 M 0 40050.2282 0 A 109029.2282 D Common Stock, $1 2/3 Par Value 2021-03-15 4 F 0 15800.2282 39.70 D 93229 D Common Stock, $1 2/3 Par Value 2021-03-15 4 M 0 13541.7273 0 A 106770.7273 D Common Stock, $1 2/3 Par Value 2021-03-15 4 F 0 5024.7273 39.70 D 101746 D Common Stock, $1 2/3 Par Value 2021-03-15 4 M 0 18776.623 0 A 120522.623 D Common Stock, $1 2/3 Par Value 2021-03-15 4 F 0 6966.623 39.70 D 113556 D Common Stock, $1 2/3 Par Value 102925.75 I Through 401(k) Plan 2018 Performance Shares 2021-03-15 4 M 0 40050.2282 0 D Common Stock, $1 2/3 Par Value 40050.2282 0 D Restricted Share Right 2021-03-15 4 M 0 13541.7273 0 D Common Stock, $1 2/3 Par Value 13541.7273 13540.6529 D Restricted Share Right 2021-03-15 4 M 0 18776.623 0 D Common Stock, $1 2/3 Par Value 18776.623 37553.2456 D These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 15, 2021 upon settlement of a Performance Share award granted on February 26, 2018 for the three-year performance period ended December 31, 2020 (as previously disclosed on a Form 4 filed on February 25, 2021). Number of shares represents a Restricted Share Right ("RSR") vesting on March 15, 2021. Original grant date was February 26, 2019. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs). Number of shares represents a RSR vesting on March 15, 2021. Original grant date was March 3, 2020. This vesting represents one-third of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs). Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 26, 2021, as if investable cash equivalents held by Plan were fully invested in Company common stock. Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting. Represents the number of 2018 Performance Shares determined based on financial performance for the three-year performance period ended December 31, 2020 pursuant to the terms and conditions of a Performance Share award granted on February 26, 2018, which is exempt under Rule 16b-3(d). As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy. Each RSR represents a contingent right to receive one share of Company common stock. These RSRs, which were awarded as a portion of long-term incentive compensation for 2019, vest in three installments: one-third on 3/15/2020, 3/15/2021, and 3/15/2022. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy. These RSRs vest in three installments: one-third on 3/15/2021, 3/15/2022, and 3/15/2023. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy. Petros G. Pelos, by Anthony R. Augliera, as Attorney-in-Fact 2021-03-17