Wells Fargo & Co WFC

Effective October 14, 2025, the Wells Fargo Board of Directors appointed Charlie Scharf as Chairman of the Board. Qualifications That Benefit Our Board Significant strategic planning and business operations and international experience throughout career in financial services industry, including as CEO of The Bank of New York Mellon Corporation, a global financial services company where he focused on technology-driven digital transformation, and Visa Inc., a payment services company Extensive risk management experience in strengthening operational risk and compliance, with senior executive experience at financial institutions such as ours providing valuable insights related to regulatory matters facing the financial services industry and our Company -Risk expert under federal banking regulations Diverse human capital management experience developed throughout career as top management executive leading large workforces at various financial institutions including The Bank of New York Mellon, Visa, and JPMorgan, with additional insights from service as member of the compensation committee of Microsoft Corporation Financial services veteran with more than 30 years in leadership roles in the banking and payments industries, with particular experience in the areas of consumer banking, wholesale/institutional banking, and wealth management Significant accounting and financial reporting experience relevant to our Company through his prior service as the CFO of financial institutions, with work as an executive and a public company board member providing additional experience in the areas of corporate governance and sustainability Prior Experience Chair and CEO, The Bank of New York Mellon Corporation, a corporate investment banking company (CEO, 2017 - 2019; Chair, 2018 - 2019) CEO, Visa Inc. (2012 - 2016) Managing Director, One Equity Partners, private investment arm of JPMorgan (2011 - 2012) CEO, Retail Financial Services, JPMorgan (2004 - 2011) CEO, Retail Division, Bank One Corporation (2002 - 2004) CFO, Bank One Corporation (2000 - 2002) CFO, Global Corporate & Investment Bank division, Citigroup, Inc. (1999 - 2000) Mr. Scharf is also a member of the board of directors of the Company's principal banking subsidiary, Wells Fargo Bank, N.A. Other Current Public Company Directorships Microsoft Corporation (compensation committee; governance & nominating committee) Prior Public Company Directorships The Bank of New York Mellon Corporation (Board Chair) Visa, Inc.

Mr. Fernando S. Rivas, Senior Executive Vice President and CEO of Corporate and Investment Banking since January 2025; Senior Executive Vice President and Co-CEO of Corporate and Investment Banking from May 2024 to January 2025; Managing Director, Investment Banking at JPMorgan Chase & Co., a financial services company, from September 2023 to February 2024; Head of North American Investment Banking at JPMorgan Chase & Co. from February 2020 to September 2023. Mr. Rivas has served with the Company for 1 year.

Ms. Bridget E. Engle, Senior Executive Vice President and Head of Technology since August 2024; Senior Executive Vice President, Chief Information Officer, and Global Head of Engineering at Bank of New York Mellon, a financial services company, from June 2017 to June 2024; Ms. Engle has served with the Company for less than 1 year.

Mr. Michael P. Santomassimo, Senior Executive Vice President and Chief Financial Officer since October 2020; Senior Executive Vice President and Chief Financial Officer at Bank of New York Mellon, a financial services company, from January 2018 to July 2020. Mr. Santomassimo has served with the Company for 3 years.

Effective October 14, 2025, Steven Black was named as the Lead Independent Director. Mr. Steven D. Black, Former Co-CEO, Bregal Investments, Inc., an international private equity firm (September 2012 - December 2021). Qualifications That Benefit Our Board Extensive experience in international and strategic planning and operations from holding key strategic roles at financial institutions such as JPMorgan and Citigroup Significant experience and leadership handling risk management, including cybersecurity, throughout career as an executive at financial institutions, providing the ability to effectively lead the Board in overseeing the risks our Company faces 45-year career in financial services, investment banking, and private equity industries, including as vice chair of JPMorgan and executive chair of its investment bank, and in senior roles at Citigroup, with particular experience in wholesale/institutional banking and wealth management - areas that are key to our business Experience in human capital management issues developed in senior leadership roles, including as a member of JPMorgan's operating and executive committees, with additional experience as chair of the management compensation committee of Nasdaq, Inc., a global technology company Corporate governance and regulatory experience from public company board service at highly regulated financial services companies, as a board member of Nasdaq, and as a former board member of The Bank of New York Mellon Prior Experience Vice Chair, JPMorgan, a global financial services company (2010 - 2011) Executive Chair, JPMorgan's investment bank (2009 - 2010) Co-CEO, JPMorgan's investment bank (2004 - 2009) Deputy Co-CEO, JPMorgan's investment bank (2003 - 2004) Head of JPMorgan investment bank's Global Equities business (2000 - 2003) Various leadership roles, Citigroup, a global financial services company, and its predecessor firms (pre-2000). Prior Public Company Directorships The Bank of New York Mellon Corporation Nasdaq, Inc.

Ms. Maria R. Morris, Qualifications That Benefit Our Board Strategic and operational experience serving as interim head of MetLife's U.S. business and overseeing the successful integration of MetLife's acquisition of American Life Insurance Company provides unique perspective on human capital management matters, with significant international experience as head of MetLife's global employee benefits business Extensive risk management experience identifying, assessing, and managing risk exposures from leadership positions held throughout career at MetLife, a large, complex financial institution, with corporate governance experience from serving as a member and chair of the audit committee of S&P Global Inc., a global financial information and analytics company, which includes oversight of cybersecurity issues -Risk expert under federal banking regulations Relevant regulatory experience and sustainability insights from senior roles at MetLife, and as a board member of S&P Global Inc. and The Allstate Corporation, financial services companies operating in heavily regulated industries Significant experience in marketing matters relevant to our industry and business includes prior role as Chief Marketing Officer at Metlife Valuable insights into technology and related operations with respect to financial services, particularly from service as MetLife's head of global technology and operations Prior Experience Interim head of the U.S. Business, MetLife (2016 - 2017) Interim Chief Marketing Officer, MetLife (2014 - 2015) Head of Global Technology and Operations, MetLife (2008 - 2011) Ms. Morris is also a member of the board of directors of the Company's principal banking subsidiary, Wells Fargo Bank, N.A. Other Current Public Company Directorships S&P Global Inc. (nominating and corporate governance committee chair; executive committee; finance committee) The Allstate Corporation (compensation and human capital committee; nominating, governance, and social responsibility committee).

Mr. Ronald L. Sargent, Qualifications That Benefit Our Board Human capital management experience and international insights related to the management of a large global workforce serving customers world-wide through a variety of channels from serving in senior strategic and operational leadership roles, including as former CEO and chair of Staples, Inc., a workplace products retail company, and as the current chair and former interim CEO of The Kroger Co., a supermarket and multi-department store retailer Diverse risk management experience as former senior retail executive, combined with public company board service, particularly with respect to e-commerce and consumer insights, areas of growing relevance to our business Deep consumer and marketing insights from 35+ years of retail experience, especially related to the transition toward more online and digital customer experiences, with experience overseeing sustainability matters for consumer-facing retailers with extensive supply chains Experience in accounting and financial reporting from executive leadership roles at Staples, including as CEO, and service as a member of public company audit committees -Financial expert, as defined in SEC Regulation S-K Wide range of corporate governance experience in connection with public company board service at retail companies, including current roles as board member of Five Below, Inc., a specialty discount retailer, and as former lead director and current board chair of Kroger Prior Experience President and COO, Staples, Inc. (1998 - 2002) Various leadership roles, Staples, Inc. (1989 - 1997) Various leadership roles, The Kroger Co. (pre-1989). Other Current Public Company Directorships Five Below, Inc. (compensation committee chair; nominating & governance committee) The Kroger Co. (Board Chair) Prior Public Company Directorships Staples, Inc. (Board Chair) Home Depot, Inc. Mattel, Inc.

Mr. Wayne M. Hewett, Qualifications That Benefit Our Board Extensive strategic and operational and international experience includes role as a senior advisor for Permira, a global private equity firm, with insights into sustainability matters as former senior executive leading technologically sophisticated businesses at several companies, including Arysta LifeScience Corporation, a crop protection and life sciences company, and General Electric Company Relevant financial reporting experience developed from corporate senior executive and private equity advisory roles, and as current member of three public company audit committees Deep and diverse insights into risk management matters from prior senior executive roles at highly specialized manufacturing and production companies, as well as from experience as a board member of companies with complex risk management profiles, including cybersecurity risks Experience in human capital management as a result of prior leadership experience in top management roles, including as CEO and president at manufacturing and production companies Significant corporate governance experience from public company board service, including as member of the boards of The Home Depot, United Parcel Service and Resolute, and experience serving as non-executive board chair of private companies Cambrex Corporation and Quotient Sciences Prior Experience CEO, Klockner Pentaplast Group, a global plastics manufacturer (2015 - 2017) President, Platform Specialty Products Corporation, a global producer of high technology specialty chemical products and technical services (2015) President and CEO, Arysta LifeScience Corporation, a crop protection and life sciences company (2009 - 2015 and 2010 - 2015, respectively) (purchased by Platform in 2015) Various leadership roles, General Electric Company and related entities (pre-2009). Other Current Public Company Directorships The Home Depot, Inc. (leadership development & compensation committee chair; audit committee) United Parcel Service, Inc. (audit committee) Resolute Holdings Management, Inc. (audit committee) Other Leadership Service Cambrex Corporation (Board Chair) Quotient Services (Board Chair).

Ms. CeCelia G. Morken, Qualifications That Benefit Our Board Strong strategic and operational knowledge, with particular experience leading companies or business divisions in periods of transition, including two companies during the acquisition process, with additional international insights Deep understanding of risk management issues at the intersection of technology and financial services, an area of importance to the Company, including with respect to issues related to sustainability and public policy Significant human capital management and leadership experience, from prior roles as CEO and COO at Headspace, an online wellness company, and as general manager of different business units at Intuit, a software company Experience in corporate and end-user marketing and strategy development from roles at Intuit and Headspace, with relevant experience in digital technology and complex data science and analytics from prior executive and current public company director positions -Holds CERT Certificate in Cybersecurity Oversight from the National Association of Corporate Directors -Holds AI Ethics & Board Oversight Certification from the Diligent Institute Insights into accounting and financial reporting given experience as member of public company audit committees Prior Experience President and Chief Operating Officer, Headspace (2020 - 2021) EVP and General Manager of Strategic Partnerships, Intuit Inc., a software company (2017 - 2020) EVP and General Manager of the ProConnect Group, Intuit Inc. (2013 - 2017) Various senior roles, Intuit Inc. (2007 - 2013) Various senior positions, Digital Insight Corporation (2002 - 2007) (acquired by Intuit, 2007) Various senior positions, WebTone Technologies, Inc. (2000 - 2002) Ms. Morken is also a member of the board of directors of the Company's principal banking subsidiary, Wells Fargo Bank, N.A. Other Current Public Company Directorships Genpact Ltd (audit committee; compensation committee) Prior Public Company Directorships Alteryx, Inc.

Ms. Felicia F Norwood, Qualifications That Benefit Our Board Significant strategic planning and operational experience, as well as human capital management insights, in current role as EVP and Chief Health Benefits Officer at Elevance, a health company, responsible for the strategic direction and operations related to the company's Medicare and Medicaid businesses, combined with more than 19 years of prior experience at Aetna, Inc. Valuable perspective that considers private sector and regulatory viewpoints, with experience identifying, assessing, and managing risk exposure and operating within the risk management framework of a highly regulated business environment, and additional experience from government work in health and human services Extensive regulatory experience in government and healthcare industries, in both public and private sectors, provides a unique perspective across multiple dimensions, including healthcare providers, payers, consumers, and regulators Insights regarding the connection between sustainability and social responsibility, especially with respect to community affairs, from experience as an executive in the healthcare industry and additional government work Well-rounded perspective informed both by government and industry experience, including from prior roles as former director of the Illinois Department of Healthcare and Family Services and senior policy advisor to the Illinois Governor for Health and Human Services Prior Experience EVP and President, Government Health Benefits, Elevance Health, Inc. (2018-2026) Director, Illinois Department of Healthcare and Family Services (2015 - 2018) Various senior roles, Aetna, Inc. (1994 - 2013). Prior Public Company Directorships Hill-Rom Holdings, Inc.

Major Suzanne M. Vautrinot, Qualifications That Benefit Our Board Deep strategic and operational and international experience developed throughout leadership roles in the military, which included overseeing a multibillion-dollar cyber enterprise responsible for operating, maintaining, and defending the Air Force portion of the Department of Defense global network Extensive risk management experience, in particular as it relates to cybersecurity, having retired from the U.S. Air Force as a Major General and Commander, 24th Air Force following a 31-year career, with particular experience engaging in enterprise risk planning and crisis management Significant human capital management planning and workforce development experience having led, as Commander, 24th Air Force, a workforce unit of approximately 14,000 military, civilian, and contractor personnel Extensive experience in the military includes having influenced the development and application of critical technology, including two years as Commander of the U.S. Air Force Cyber Command and various space operations commands Inducted into the National Academy of Engineering in 2017 Valuable perspective on government and public policy matters developed from certain key military assignments, with additional corporate governance and sustainability insights gained from service on other public company boards Prior Experience Major General and Commander, U.S. Air Force, Air Forces Cyber and Air Force Network Operations (2011 - 2013) Director of Plans and Policy, U.S. Cyber Command (2010) Deputy Commander, Network Warfare, U.S. Strategic Command (2008 - 2010) Commander, Air Force Recruiting Service (2006 - 2008) Commander, 50th Space Wing (2003 - 2005) Numerous medals and commendations, including the Defense Superior Service Medal and Distinguished Service Medal. Other Current Public Company Directorships CSX Corporation (audit committee; governance committee) Ecolab Inc. (safety, health & environment committee chair; audit committee) Parsons Corporation (corporate governance & responsibility committee chair; audit and risk committee) Prior Public Company Directorships NortonLifeLock Inc. Other Leadership Service Member, National Academy of Engineering.

Scott E. Powell, Senior Executive Vice President and Chief Operating Officer since December 2019; President and Chief Executive Officer of Santander Consumer USA Holdings Inc., a financial services company, from August 2017 to December 2019; Senior Executive Vice President of Santander Bank, N.A., a financial services company, from August 2017 to December 2019; President and Chief Executive Officer of Santander Holdings USA Inc., a financial services company, from March 2015 to December 2019. Mr. Powell has served with the Company for 5 years. On September 23, 2026, Wells Fargo & Company (the Company) announced the appointment of Scott E. Powell as its Chief Risk Officer effective January 15, 2027, after which he will no longer serve as the Chief Operating Officer of the Company.

Bei Ling, Senior Executive Vice President and Head of Human Resources since October 2021; Managing Director, Human Resources at JPMorgan Chase & Co., a financial services company, from April 2013 to September 2021. Ms. Ling has served with the Company for 3 years.

Barry Sommers, Senior Executive Vice President and CEO of Wealth and Investment Management since June 2020; Chief Executive Officer of Wealth Management at JPMorgan Chase & Co., a financial services company, from September 2016 to April 2019. Mr. Sommers has served with the Company for 4 years.

Ms. Kristy Fercho, Senior Executive Vice President and Head of Financial Inclusion since May 2025; Senior Executive Vice President leading efforts related to growth segments and inclusion from October 2022 to May 2025; Executive Vice President and Head of Home Lending from July 2020 to April 2023.

Muneera S. Carr, Executive Vice President, Chief Accounting Officer and Controller since March 2020; Executive Vice President and Controller from January 2020 to March 2020; Executive Vice President from February 2013 to October 2019 and Chief Financial Officer from January 2018 to October 2019 at Comerica, Incorporated, a financial services company. Ms. Carr has served with the Company for 5 years.

Derek Flowers, Senior Executive Vice President and Chief Risk Officer since January 2022; Senior Executive Vice President and Head of Strategic Execution and Operations from June 2019 to January 2022; Executive Vice President and Chief Credit and Market Risk Officer from July 2016 to June 2019. Mr. Flowers has served with the Company or its predecessors for 26 years.

Kleber R. Santos, Senior Executive Vice President and Co-CEO of Consumer Banking and Lending since November 2025; Senior Executive Vice President and CEO of Consumer Lending from July 2022 to November 2025; Senior Executive Vice President leading efforts related to growth segments and inclusion from November 2020 to October 2022. Mr. Santos has served with the Company for 5 years.

Kyle G. Hranicky, Senior Executive Vice President and CEO of Commercial Banking since September 2021; Executive Vice President and Head of Wells Fargo Middle Market Banking from August 2018 to September 2021. Mr. Hranicky has served with the Company or its predecessors for 30 years.

Mr. Saul Van Beurden, Senior Executive Vice President, Co-CEO of Consumer Banking and Lending, and Head of Artificial Intelligence since November 2025; Senior Executive Vice President and CEO of Consumer, Small and Business Banking since May 2023; Senior Executive Vice President and Head of Technology from April 2019 to May 2023; Chief Information Officer of Consumer and Community Banking at JPMorgan Chase & Co., a financial services company, from August 2016 to January 2019. Mr. Van Beurden has served with the Company for 5 years.

Mr. Jason M. Rosenberg, Senior Executive Vice President and Head of Public Affairs since April 2024; Head of Corporate Affairs at Block, Inc., a financial services technology company, from September 2022 to April 2024; Managing Director, Head of U.S. Government Relations at JPMorgan Chase & Co., a financial services company, from October 2012 to September 2022; Mr. Rosenberg has served with the Company for less than 1 year.

Ellen R. Patterson, Senior Executive Vice President and General Counsel since March 2020; Group Head, General Counsel at The Toronto-Dominion Bank, a financial services company, from November 2017 to March 2020. Ms. Patterson has served with the Company for 4 years.