Wells Fargo & Co. 424B Filings

Wells Fargo Finance LLC, fully guaranteed by Wells Fargo & Company (WFC), is offering market-linked Medium-Term Notes, Series B that are ETF-linked, auto-callable and principal-at-risk, tied to the lowest performing of the ARK Innovation ETF, VanEck Semiconductor ETF and State Street SPDR S&P Metals & Mining ETF. Each security has a $1,000 face amount and is issued at an original offering price of $1,000 per security, with no periodic interest and no principal protection. An automatic call may occur around three months after issuance if the lowest performing Underlier is at or above its call threshold (85% of its starting value), paying back face amount plus a call premium of at least 10.00%. If not called, at maturity investors receive leveraged upside at a 125% upside participation rate if the lowest Underlier ends above its starting value, full return of face amount if the decline in the lowest Underlier does not exceed a 30% buffer amount, and a leveraged loss of approximately 1.4286% of face amount for every 1% decline beyond the buffer, potentially resulting in a total loss of principal. The indicative estimated value is about $970.90 per security, and will not be less than $940.90 on the pricing date, reflecting selling, structuring, hedging and funding costs. The notes are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, pay no dividends from the Underliers, and are not listed, so liquidity will depend on any secondary market making by affiliates.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering principal-at-risk, equity index-linked medium-term notes tied to the S&P 500® Index that pay no interest and return a variable cash amount at maturity based on index performance over roughly 25 to 28 months.

For each $1,000 note, investors receive 130% of any positive index return, capped by a maximum settlement amount expected between $1,257.01 and $1,302.25, and full principal back if the index decline is no worse than 15.00%. Below an 85.00% buffer level, losses accelerate at about 1.1765% of principal for each additional 1% drop, potentially resulting in a total loss. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, and all payments are subject to their credit risk. The current estimated value is approximately $995.20 per $1,000 note, and will not be less than $965.20 on the trade date, reflecting embedded selling, structuring, hedging and funding costs. The notes are not listed, may have limited or no secondary market, and are treated as complex prepaid derivative contracts for U.S. federal income tax purposes.

Wells Fargo & Company (WFC), via Wells Fargo Finance LLC, is offering Series B medium-term ETF-linked, principal-at-risk notes tied to the lowest performing of the ARK Innovation ETF, iShares Expanded Tech-Software Sector ETF, and VanEck Oil Services ETF, fully and unconditionally guaranteed by WFC.

The notes have a $1,000 face amount, no interest, and may be automatically called about three months after issuance if the lowest performing ETF is at or above 85% of its starting value, in which case holders receive face value plus a call premium of at least 11.00% and the notes terminate early. If not called, at maturity in September 2031 investors receive leveraged upside at a 125% participation rate if the lowest ETF is above its starting value, full principal back if the decline is within a 30% buffer, and leveraged losses of about 1.4286% per 1% decline beyond the buffer, down to a possible total loss.

The securities are unsecured obligations of Wells Fargo Finance LLC, guaranteed by WFC, and are subject to the credit risk of both. The current estimated value is about $971 per $1,000 note (not less than $941), reflecting selling, structuring, hedging and funding costs, and there will be no exchange listing, so liquidity will depend on discretionary secondary market making by affiliates.

Wells Fargo & Company (WFC), as guarantor for Wells Fargo Finance LLC, is offering medium-term, equity index-linked notes tied to the lowest performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing September 12, 2030. The notes pay a 9.75% per annum contingent coupon monthly only if on each calculation day the lowest performing index is at or above 70% of its starting value; otherwise no coupon is paid for that month. Wells Fargo Finance LLC may redeem the notes in whole, at its option, on monthly dates beginning around March 2027 at par plus any due coupon. At maturity, if not redeemed, investors receive $1,000 per note only if the lowest performing index is at or above 70% of its starting value; if it is below this downside threshold, the payoff equals $1,000 times that index’s performance factor, exposing investors to losses greater than 30% and up to 100% of principal. The notes are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, are not listed on any exchange, and have an estimated value of $978.05 per $1,000 at pricing.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

WELLS FARGO & COMPANY (WFC), as guarantor, supports a new issuance of senior unsecured Medium-Term Notes, Series B by Wells Fargo Finance LLC. The fixed rate callable notes have a 4.67% annual coupon, a pricing date of September 11, 2026, issue date of September 18, 2026, and stated maturity on November 18, 2027, in $1,000 denominations.

The notes are callable at par monthly on the 18th from March 18, 2027 through October 18, 2027, plus accrued interest, and are not puttable by holders. They are not listed on any exchange, so liquidity may be limited. The notes are fully and unconditionally guaranteed by Wells Fargo & Company, but remain subject to the issuer’s and guarantor’s credit risk.

For U.S. federal income tax purposes the notes are expected to be issued with original issue discount, so U.S. holders must generally recognize taxable interest income over the term before receiving the related cash. Wells Fargo Securities, LLC acts as distribution agent and may conduct hedging activities in connection with the notes.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering senior unsecured Medium-Term Notes, Series B, fixed rate callable notes due November 8, 2027, fully and unconditionally guaranteed by Wells Fargo & Company. Each note has an original offering price and principal amount of $1,000 and pays fixed interest at 4.63% per annum, computed on a 360-day year with the actual number of days in the interest period.

The notes may be redeemed at the issuer’s option, in whole but not in part, at 100% of principal plus accrued interest on the 8th of each month from April 8, 2027 through October 8, 2027. If not redeemed, investors receive $1,000 per note plus accrued interest at maturity. The notes are senior unsecured obligations of Wells Fargo Finance LLC, fully guaranteed by Wells Fargo & Company, subject to their credit risk, will be issued with original issue discount for U.S. federal income tax purposes, and will not be listed on any securities exchange, so liquidity may be limited and secondary sale prices may be below the original offering price.

Wells Fargo & Company (WFC), as guarantor, is supporting a new issuance by Wells Fargo Finance LLC of $10,000,000 senior unsecured Medium-Term Notes, Series B, fixed-rate callable notes due September 11, 2028. Each note has a $1,000 principal amount, pays 4.77% per annum interest semi-annually on March 11 and September 11 (starting March 11, 2027), and returns principal at maturity plus accrued interest if not previously redeemed.

The notes are callable in whole at the issuer’s option at 100% of principal plus accrued interest on the 11th of March, June, September and December from June 11, 2027 through June 11, 2028, creating reinvestment risk for investors if rates fall. The notes are senior unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed on a pari passu basis by Wells Fargo & Company, and all payments are subject to the credit risk of both entities. The notes will not be listed on any securities exchange, and no secondary market is expected to develop, so investors should be prepared to hold to maturity. For U.S. federal income tax purposes, the notes are expected to be treated as debt instruments issued at par without original issue discount.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, plans to issue market-linked Medium-Term Notes tied to the S&P 500 Index, maturing December 15, 2027, with a $1,000 face amount per security and no periodic interest or dividends.

The notes offer 150% leveraged upside to the index, capped at a maximum return of at least 14.20%, so the maximum maturity payment is at least $1,142 per $1,000 security. Downside is buffered 20%: if the index falls by 20% or less, holders receive the $1,000 face amount.

If the S&P 500 declines more than 20%, investors lose 1.25% of principal for every 1% further decline, up to a total loss of principal. The starting level is 7,636.36 with an 80% threshold of 6,109.088. The estimated initial value is about $996.70 per security and will not be less than $966.70 on the pricing date, reflecting selling, structuring, hedging and funding costs. The securities are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by WELLS FARGO & COMPANY, subject to their credit risk, and are not listed on any exchange, so liquidity may be limited.

WELLS FARGO & COMPANY/MN (symbol WFC), as guarantor, supports a new issuance of $250,000,000 senior unsecured Wells Fargo Finance LLC Medium-Term Notes, Series B, Fixed Rate Callable Notes due October 12, 2027. The notes are issued at $1,000 per note, pay fixed interest of 4.46% per annum, with semi-annual interest payments on March 10 and September 10, beginning March 10, 2027, plus payment at maturity of $1,000 per note unless earlier redeemed.

The issuer may redeem the notes, in whole but not in part, at 100% of principal plus accrued interest on March 10, 2027 and September 10, 2027, which may limit investors’ ability to lock in the coupon. The notes are senior unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, subject to the credit risk of both entities, will not be listed on any exchange, and may have limited secondary market liquidity. The pricing supplement highlights credit risk, call risk, structural subordination considerations, potential conflicts of interest from dealer hedging profits, and confirms that the notes are treated as debt for U.S. federal tax purposes and are not issued with original issue discount.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Wells Fargo & Company (WFC), through issuer Wells Fargo Finance LLC, is offering senior unsecured Medium-Term Notes, Series B, fully and unconditionally guaranteed by Wells Fargo & Company. Each fixed rate callable note has a principal amount of $1,000, pays interest at 4.77% per annum, and is scheduled to mature on September 11, 2028, with semi-annual interest payments each March 11 and September 11, starting March 11, 2027.

The notes are callable by Wells Fargo Finance LLC, in whole but not in part, at 100% of principal plus accrued interest on quarterly optional redemption dates from June 11, 2027 through June 11, 2028. The notes are senior unsecured obligations subject to the credit risk of both the issuer and the guarantor, are not insured by any government agency, and will not be listed on any securities exchange, so secondary market liquidity may be limited. U.S. federal tax counsel expects the notes to be treated as debt instruments issued without original issue discount if the issue price equals the stated principal amount.

Wells Fargo & Company (WFC), as guarantor of Wells Fargo Finance LLC, is offering Market Linked Securities under its Series B medium-term note program, linked to the lowest performing of the Nasdaq-100 Index and the S&P 500 Index, maturing on September 9, 2030. Each security has a $1,000 face amount, pays no interest and is issued at par, with a total offering of $1,338,000. At maturity, investors receive $1,000 plus 120% of any positive return of the lowest performing index; if that index is flat or down by up to the 10% buffer, they receive $1,000. If it declines by more than 10%, principal is reduced 1-for-1 beyond the buffer, with up to 90% loss of principal possible. The notes are unsecured, not listed, have an estimated value of $985.50 per $1,000 security on the pricing date, and all payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is issuing $13,062,000 of Series B market-linked medium-term notes, auto-callable and linked to the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index, and S&P 500 Index, maturing on September 9, 2030.

The notes have a $1,000 face amount, pay no interest, and may be automatically called on scheduled call dates if the lowest performing index is at or above 84% of its starting value, providing fixed call premiums that step up from 8.00% to 32.00% of face. If never called and the lowest index finishes below its 84% threshold, investors are fully exposed to downside, with the maturity payment equal to $1,000 multiplied by that index’s performance factor, which can result in losing a significant portion or all of principal. All payments are subject to the credit risk of Wells Fargo Finance LLC and the Wells Fargo & Company guarantee. The estimated value on the pricing date is $981.14 per security, below the $1,000 original offering price due to selling, structuring, hedging and funding costs.

WELLS FARGO & COMPANY/MN (WFC), through its subsidiary Wells Fargo Finance LLC, is offering senior unsecured fixed rate callable notes due October 12, 2027, fully and unconditionally guaranteed by Wells Fargo & Company. The notes pay 4.46% per annum, with interest paid semi-annually on March 10 and September 10, starting March 10, 2027. Each note has a $1,000 principal amount, and holders receive $1,000 per note plus accrued interest at stated maturity if the notes are not redeemed earlier. Wells Fargo Finance LLC may redeem the notes, in whole but not in part, at 100% of principal plus accrued interest on March 10 and September 10, 2027. The notes are senior unsecured obligations of the issuer, fully guaranteed on a senior unsecured basis by Wells Fargo & Company, and are subject to the credit risk of both entities. The notes will not be listed on any securities exchange, and a secondary market is not expected to develop, so investors should be prepared to hold to maturity.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is issuing market-linked Medium-Term Notes, Series B, that are equity index-linked and fully and unconditionally guaranteed by Wells Fargo & Company. The notes are linked to the lowest performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index and are scheduled to mature on September 8, 2031.

Each $1,000 note pays a 9.25% per annum contingent coupon, payable quarterly only if the lowest performing index on the relevant calculation day is at or above 70% of its starting value. Wells Fargo Finance LLC may redeem the notes quarterly, beginning around March 2027, at par plus any contingent coupon then due.

If the notes are not redeemed early, investors receive $1,000 per note at maturity only if the lowest performing index on the final calculation day is at or above 60% of its starting value; otherwise, the maturity payment is $1,000 multiplied by that index’s performance factor, exposing investors to losses greater than 40% and potentially a complete loss of principal. The original offering totals $4,575,000, with proceeds to Wells Fargo Finance LLC of $4,540,687.50 after agent discounts, and the estimated value on the pricing date is $976.24 per $1,000 note.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering Medium-Term Notes, Series B “Buffered Enhanced Return Securities” linked to the S&P 500® Index. These principal-at-risk notes pay no interest and have an expected term of about 26–29 months, with cash settlement at maturity based on index performance.

Investors receive 130% of any positive index return, capped at a maximum settlement amount between $1,265.07 and $1,311.74 per $1,000 note, corresponding to a cap level between 120.39% and 123.98% of the initial index level. Principal is protected only by a 15.00% buffer: if the S&P 500® falls more than 15%, investors lose approximately 1.1765% of face amount for every 1% drop beyond that threshold, potentially losing all principal.

The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, and are not insured by the FDIC or any government agency. The current estimated value is about $995.10 per $1,000 note, and will not be less than $965.10 on the trade date, reflecting embedded selling, structuring, hedging and funding costs.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering S&P 500®-linked Market Linked Securities with a face amount of $1,000 per note, fully and unconditionally guaranteed by WFC, in an aggregate offering of $340,000.

The notes pay no interest and return at maturity depends on S&P 500® performance. If the index ending value is at least 85% of the 7,747.71 starting value, holders receive principal plus a contingent fixed return of 11.30% (a total of $1,113 per $1,000). If the index falls more than the 15% buffer, principal is reduced 1-for-1 beyond the buffer, with losses of up to 85% of face amount possible.

The notes are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and WFC, will not be listed, and may have limited or no secondary market. The current estimated value is $993.13 per $1,000 note, below the offering price due to selling, structuring, hedging and funding costs, and the tax treatment is based on a prepaid derivative contract analysis that the IRS could challenge.

Wells Fargo & Company (WFC), as guarantor for Wells Fargo Finance LLC, is offering market-linked Medium-Term Notes, Series B, that are equity index-linked, callable, and carry contingent coupons, linked to the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index, and S&P 500 Index, maturing September 8, 2031. Each $1,000 note pays a 9.30% per annum contingent coupon monthly only if, on the relevant calculation day, the lowest performing index is at or above 70% of its starting level; otherwise no coupon is paid for that month. The notes may be redeemed at the issuer’s option on monthly dates beginning around March 2027 at par plus any due coupon. If not redeemed, principal repayment at maturity depends on the final level of the lowest-performing index: investors receive $1,000 only if that index is at or above 60% of its starting level; below this “downside threshold” repayment is $1,000 times the index performance, exposing holders to losses of more than 40% and potentially all principal, with no upside participation or dividends. The notes are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, will not be listed on an exchange, and have an estimated value of $977.69 per $1,000 on the pricing date, reflecting selling, structuring, hedging and funding costs.

Wells Fargo & Company (WFC), as guarantor for Wells Fargo Finance LLC, is offering $34,045,000 of Medium-Term Notes, Series B, equity index linked “digital” securities with buffered downside, each with a $1,000 face amount, linked to the S&P 500 Index and maturing on December 6, 2028.

The notes pay no interest and do not guarantee principal. If the S&P 500 final level is at least 85% of the initial level of 7,747.71, holders receive a fixed threshold settlement amount of $1,195 per $1,000, a 19.50% contingent gain. Below 85%, investors lose about 1.1765% of principal for each 1% drop beyond the 15% buffer and can lose all principal. The current estimated value is $995.96 per note, the securities are unsecured and subject to Wells Fargo Finance LLC and Wells Fargo & Company credit risk, are not listed, and a secondary market may be limited.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering S&P 500® Index-linked medium-term notes with a $1,000 face amount per security under its Series B program. These “digital” securities provide a if the index does not fall too far.

If the S&P 500 final level is at least 85% of its initial level, investors receive a fixed threshold settlement amount expected between $1,162.80 and $1,191.50 per $1,000, a 16.28%–19.15% total return over roughly 26–29 months. If the index falls more than 15%, principal loss is leveraged: investors lose about 1.1765% of face value for each 1% drop beyond the 15% buffer, potentially losing their entire investment.

The securities pay no interest, do not participate in dividends, and cap upside at the threshold settlement amount. The current estimated value is about $994.70 per security and will not be less than $964.70 on the trade date, reflecting embedded costs and the issuer’s funding rate. All payments are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, and are subject to their credit risk.

WELLS FARGO & COMPANY (WFC), via Wells Fargo Finance LLC, is offering market-linked Medium-Term Notes, Series B that are auto-callable, pay a contingent coupon and put principal at risk, linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and EURO STOXX 50 Index, and maturing on September 6, 2030. The notes pay a quarterly contingent coupon at 11.25% per annum only if, on each calculation day, the lowest-performing index is at or above 70% of its starting value, and may be automatically called from March 2027 to June 2030 if that index is at or above its starting value, in which case investors receive face amount plus the final coupon.

If the notes are not called, investors receive full principal at maturity only if the lowest-performing index on the final calculation day is at or above 65% of its starting value; below that level, repayment is reduced one-for-one with index loss, leading to losses greater than 35% and potentially a total loss of the $1,000 face amount per note. The total offering is $4,500,000, with an agent discount of $3 per note and proceeds to the issuer of $997 per note; the initial estimated value is $983.86 per note, reflecting selling, structuring and hedging costs. The notes are unsecured, guaranteed by Wells Fargo & Company, subject to its and the issuer’s credit risk, and are not listed on any exchange, with limited or no secondary market expected.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering $475,000 of Series B market-linked Medium-Term Notes that are unsecured, principal-at-risk securities maturing on September 9, 2027 and fully and unconditionally guaranteed by Wells Fargo & Company. The $1,000-per-note payoff is linked to an unequally weighted basket of the S&P 500 Index (40%), iShares MSCI EAFE ETF (30%), Nasdaq-100 Index (20%) and iShares MSCI Emerging Markets ETF (10%). If the basket rises, investors receive 100% upside participation, capped at a maximum return of 11.90% (maximum maturity payment of $1,119 per note). If the basket is flat or down by up to the 15% buffer, investors receive the $1,000 face amount; below that, losses are 1-for-1 beyond the buffer and investors may lose up to 85% of principal. The securities pay no interest, are not listed on any exchange, carry credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, and have an estimated value on the pricing date of $989.23 per note, below the $1,000 offering price due to selling, structuring, hedging and funding costs.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is issuing medium-term Market Linked Securities that are auto-callable notes due September 7, 2029, fully and unconditionally guaranteed by WFC. Each $1,000 security pays a contingent coupon of 9.55% per annum, payable quarterly only if the lowest performing of the iShares Expanded Tech-Software Sector ETF (IGV) and the S&P 500 Index closes on the relevant calculation day at or above its coupon threshold value, set at 60% of its starting value.

The notes can be automatically called quarterly from March 2027 through June 2029 if the lowest performing underlier is at or above its starting value, in which case holders receive par plus the applicable coupon. If not called, at maturity investors receive par only if the worst underlier’s final level is at or above its downside threshold (also 60% of starting); otherwise the payoff is $1,000 multiplied by that underlier’s performance factor, so investors can lose more than 40% and up to all principal. The current estimated value is $962.81 per $1,000 security, reflecting selling, structuring, hedging and funding costs. The notes are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and WFC, will not be listed on any exchange, and may have limited or no secondary market liquidity.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering medium-term, unsecured Market Linked Securities that are auto-callable notes with contingent coupons and downside principal at risk, linked to the lowest performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, under an effective shelf registration.

The notes have a face amount of $1,000 per security, a term to October 3, 2030, and pay a quarterly contingent coupon of at least 9.00% per annum only if the lowest performing index on each calculation day is at or above 70% of its starting value. From March 2027 through June 2030, if the lowest performing index is at or above its starting value on a calculation day, the notes are automatically called at par plus the applicable coupon. If not called and on the final calculation day the lowest performing index is below 70% of its starting value, investors lose more than 30% and up to all principal, based on the index decline.

The current estimated value is approximately $961.60 per $1,000 security (and will not be below $930.00 on the pricing date), reflecting selling, structuring and hedging costs. Notes are subject to the credit risk of Wells Fargo Finance LLC and the Wells Fargo & Company guarantee, will not be listed on any exchange, and may have limited or no secondary market liquidity.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering unsecured Medium-Term Notes, Series B that are ETF-linked, auto-callable securities due October 4, 2029, tied to the lowest performing of three State Street Select Sector SPDR ETFs (Energy, Technology, Health Care). The notes pay a quarterly contingent coupon at a rate to be set on the pricing date, but at least 13.55% per annum, only if on each calculation day the lowest performing ETF is at or above 75% of its starting value; otherwise no coupon is paid for that quarter. From March 2027 to June 2029, if on any calculation day the lowest performing ETF is at or above its starting value, the notes are automatically called at par plus the applicable coupon. If not called, principal is protected at maturity only if the lowest performer is at or above 70% of its starting value; below that level investors lose more than 30%, up to all of principal, with no upside participation in any ETF and no dividends. The original offering price is $1,000 per security, with an agent discount of $18.25 and proceeds of $981.75 to Wells Fargo Finance LLC; the current estimated value is about $954.50 per security and will not be less than $920.00 on the pricing date. The securities are not listed, are intended to be held to call or maturity, are structurally complex and expose investors to ETF performance risk, limited liquidity and the credit risk of both the issuer and Wells Fargo & Company as guarantor.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering medium-term, equity index-linked notes tied to the lowest performing of the Russell 2000 Index, the S&P 500 Index and the EURO STOXX 50 Index, maturing October 3, 2030. The $1,000-denomination securities pay quarterly contingent coupons at a per-annum rate of at least 8.30% only if, on each calculation day, the lowest performing index is at or above 70% of its starting value; otherwise no coupon is paid for that quarter.

From March 2027 through June 2030, if on any quarterly calculation day the lowest performing index is at or above its starting value, the notes are automatically called for $1,000 plus that quarter’s coupon. If not called, principal repayment at maturity is protected only down to 70% of the starting value of the lowest index; a final level below that triggers a proportional loss of principal and investors can lose more than 30%, up to the entire $1,000. The notes do not participate in any index upside and are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company. The current estimated value is about $953.50 per note and will not be less than $920.00 on the pricing date, and the securities are not listed and are designed to be held to automatic call or maturity.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.

Wells Fargo & Company (WFC), via Wells Fargo Finance LLC, is offering $11,282,000 of Medium-Term Notes, Series B, structured as Buffered Enhanced Return Securities linked to the MSCI EAFE Index, maturing October 27, 2028. The notes pay no interest and repay principal based on index performance.

For each $1,000 note, investors receive 150% of any positive index return, capped at a maximum settlement amount of $1,321.75 once the index reaches 121.45% of its initial level of 3,218.07. A 15% downside buffer applies: if the index is at or above 85% of its initial level, investors receive $1,000. Below 85%, losses are leveraged at approximately 117.65% of the decline beyond the 15% buffer, and the payment can fall to zero.

The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, and are subject to their credit risk. The estimated value on the trade date is $989.27 per $1,000 note, lower than the offering price due to selling, structuring, hedging and funding costs, and the securities are not listed and may have limited secondary market liquidity.

Wells Fargo & Company (WFC), through issuer Wells Fargo Finance LLC, is offering equity index-linked Medium-Term Notes, Series B, tied to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing September 7, 2029. The notes pay a 10.30% per annum contingent coupon quarterly only if, on each calculation day, the lowest performing index is at or above 70% of its starting value; otherwise no coupon is paid for that period.

Unless earlier redeemed at the issuer’s option (quarterly, starting March 2027), principal repayment at maturity is contingent: investors receive the $1,000 face amount only if the lowest performing index is at or above 60% of its starting value on the final calculation day. If it is below 60%, repayment is $1,000 multiplied by that index’s performance factor, so losses can exceed 40% of principal and may reach 100%. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, not listed on any exchange, and designed to be held to maturity. The total offering is $1,500,000, at $1,000 per note, and the bank estimates the value at issuance at $983.02 per note, below the offering price.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering $1,868,000 of Medium-Term Notes, Series B, structured as equity index-linked “Buffered Enhanced Return Securities” maturing October 6, 2028. These unsecured notes are linked to a weighted basket of the EURO STOXX 50 (40%), TOPIX (25%), FTSE 100 (17%), SMI (11%) and S&P/ASX 200 (7%).

The notes pay no interest and repay principal based on basket performance: 180% upside participation on positive returns, capped at a maximum settlement of $1,349.20 per $1,000 (basket cap level 119.400% of initial). A 15% downside buffer protects principal only to an 85% basket level; below that, losses are magnified at about 1.1765% of face per 1% additional decline and can reach total loss.

The current estimated value is $985.05 per $1,000, reflecting structuring and hedging costs. The securities are unsecured obligations of the finance subsidiary, fully and unconditionally guaranteed by Wells Fargo & Company, are not insured by any governmental agency, will not be listed on an exchange, and may have limited or no secondary market. U.S. tax treatment is described as a prepaid derivative contract but remains uncertain.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering equity index-linked Medium-Term Notes tied to the S&P 500 Index, maturing March 8, 2028, at $1,000 face amount per security.

The notes pay no interest and instead provide a contingent fixed return of at least 11.30% ($113 per $1,000) at maturity if the S&P 500 ending value is at or above 85% of its starting level. If the index falls by more than the 15% buffer, investors have 1‑to‑1 downside exposure beyond the buffer and may lose up to 85% of principal. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, with no exchange listing and are intended to be held to maturity.

The initial estimated value is about $992.30 per $1,000 security (and not less than $962.30), reflecting selling, structuring, hedging and funding costs, and secondary market prices, if any, are expected to be lower than the original offering price.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering unsecured Medium-Term Notes, Series B that are equity index-linked securities tied to the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing September 12, 2030. The notes pay a monthly contingent coupon only if, on each calculation day, the lowest performing index is at or above its coupon threshold, set at 70% of its starting value; the contingent coupon rate will be at least 9.75% per annum. Wells Fargo may, at its option, redeem the notes in whole (but not in part) on any monthly redemption date beginning about six months after issuance, paying the $1,000 face amount plus any due coupon, which can shorten the investment term.

If the notes are not redeemed and, on the final calculation day, the lowest performing index is below its 70% downside threshold, investors are fully exposed to that decline and can lose more than 30% and up to all of principal; there is no upside participation in any index and no dividends. The notes are not listed, are designed to be held to maturity, and all payments are subject to the credit risk of Wells Fargo Finance LLC and the Wells Fargo & Company guarantee. The current estimated value is approximately $980.40 per $1,000 note, and will in no event be less than $950.40 on the pricing date, reflecting selling, structuring, hedging and funding costs.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering medium‑term market‑linked notes tied to the lowest performing of the Dow Jones Industrial Average, Nasdaq‑100 Index and Russell 2000 Index, maturing September 7, 2029 and fully guaranteed by Wells Fargo & Company.

The notes pay a 9.00% per annum contingent coupon, paid quarterly only if on each calculation day the lowest performing index is at or above 70% of its starting value; otherwise no coupon is paid for that quarter. From March 2027 through June 2029, the notes are auto‑callable at par plus the applicable coupon if the lowest performing index is at or above its starting value. If not called, at maturity investors receive par only if the lowest performing index is at or above 70% of its starting value; below that level, repayment is reduced in proportion to the index decline, with losses of more than 30% and potentially the entire principal.

The original offering price is $1,000 per note, with total offering size of $750,000, agent discount of $23.50 per note, and issuer proceeds of $976.50 per note. Wells Fargo Securities, LLC estimates the value at $962.19 per note on the pricing date, notes are unsecured and unsubordinated, not listed on any exchange, and all payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering medium-term, equity index-linked notes that pay contingent quarterly coupons and expose principal to loss based solely on the worst performer among the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index. Each note has a $1,000 face amount and a contingent coupon rate set on the pricing date of at least 11.15% per annum, payable only if on a quarterly calculation day the lowest-performing index is at or above its coupon threshold of 70% of its starting value.

The notes may be called quarterly at the issuer’s option, beginning about six months after issuance; if called, investors receive $1,000 plus any due coupon. If held to the September 16, 2031 maturity and not called, investors receive $1,000 only if the lowest-performing index on the final calculation day is at or above its 70% downside threshold; otherwise, repayment is reduced in full proportion to that index’s decline, with more than 30% and up to 100% of principal at risk and no participation in any index gains or dividends.

The original offering price is $1,000 per security, with an agent discount of up to $4 and proceeds to the issuer of $996 per security$983.80 per security and will not be less than $953.80 on the pricing date, reflecting selling, structuring, hedging and funding costs. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, are not listed on any exchange, and all payments are subject to the credit risk of the issuer and guarantor.

WELLS FARGO & COMPANY/MN (WFC), through Wells Fargo Finance LLC, is offering Accelerated Return Notes linked to the S&P 500 Index with a $10 principal amount per unit, issued under its shelf registration and fully and unconditionally guaranteed by Wells Fargo & Company. The notes have a maturity of approximately 14 months and provide 300% participation in any increase of the S&P 500, subject to a Capped Value between $11.00 and $11.40 per unit, limiting the maximum return to 10%–14%. If the Index level is unchanged at maturity, investors receive only their principal; if it falls, they incur a 1-for-1 loss down to zero, putting up to 100% of principal at risk.

The notes pay no interest or dividends, all amounts are paid only at maturity, and payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company. The initial estimated value on the pricing date is expected to be between $9.21 and $9.51 per unit, below the $10 public offering price, reflecting an underwriting discount of $0.175 per unit and a hedging-related charge of $0.05 per unit, along with funding and structuring costs. The notes will not be listed on any exchange and are intended to be held to maturity, with any secondary market making at the discretion of BofA Securities, Merrill Lynch and affiliates.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering Accelerated Return Notes linked to the State Street Energy Select Sector SPDR ETF (XLE), with each note having a $10 principal amount and maturing in approximately 14 months in November 2027. The notes provide 300% leveraged upside to the ETF’s average ending level, subject to a capped redemption value of $12.20 to $12.60 per unit (a 22.00% to 26.00% maximum return). If the ETF ends below its starting level, investors are exposed 1-to-1 to losses and can lose up to 100% of principal. The initial estimated value on the pricing date is expected between $9.18 and $9.48 per unit, below the $10 public offering price, reflecting selling, structuring, hedging costs and a $0.05 per-unit hedging-related charge in addition to a $0.175 per-unit underwriting discount. The notes pay no interest or dividends, are unsecured obligations of Wells Fargo Finance LLC fully and unconditionally guaranteed by Wells Fargo & Company, and are expected to have limited or no secondary market liquidity.

WELLS FARGO & COMPANY (WFC), via Wells Fargo Finance LLC, is offering Accelerated Return Notes linked to the Russell 2000 Index, fully and unconditionally guaranteed by Wells Fargo & Company. Each note has a $10 principal amount, a term of approximately 14 months and pays at maturity only.

The notes provide 300% upside participation in Index gains, subject to a Capped Value between $11.525 and $12.125 per unit, and expose investors to 1‑for‑1 downside if the Index falls, with up to 100% of principal at risk. The initial estimated value is expected between $9.28 and $9.58 per unit, below the public offering price, reflecting selling, structuring, hedging costs and a $0.05 per unit hedging-related charge plus a $0.175 per unit underwriting discount. Payments depend on the Russell 2000 level and the credit of Wells Fargo Finance LLC and Wells Fargo & Company, and the notes will not pay interest, dividends, or benefit from any exchange listing.

WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering Accelerated Return Notes linked to the State Street SPDR EURO STOXX 50 ETF (FEZ), maturing in approximately 14 months and fully and unconditionally guaranteed by WFC. Each note has a $10 principal and provides 300% upside participation in FEZ gains, subject to a Capped Value between $11.05 and $11.45 per unit, corresponding to a maximum return of 10.50% to 14.50%. If the Ending Value is below the Starting Value, investors lose principal on a 1-to-1 basis, with up to 100% of principal at risk; if it is equal, only principal is returned.

The notes pay no interest or dividends, all payments occur at maturity, and returns depend on FEZ’s performance during a five-day Maturity Valuation Period, as well as the issuer’s and guarantor’s credit. The public offering price is $10.00 per unit, including an underwriting discount of $0.175 and a hedging-related charge of $0.05, while the initial estimated value is expected between $9.40 and $9.72 per unit. The notes are unsecured, will not be listed on any exchange, and are intended to be held to maturity, with limited expected secondary market liquidity.

Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, plans to issue auto-callable, equity index-linked Medium-Term Notes tied to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and EURO STOXX 50 Index, each in $1,000 face amount tranches.

The notes pay a quarterly contingent coupon at a rate set on pricing, at least 11.25% per annum, but only if the lowest-performing index on the relevant observation date is at or above 70% of its starting value; otherwise no coupon is paid for that quarter. From March 2027 to June 2030, if on any observation date the lowest-performing index is at or above its starting value, the notes are automatically called at par plus the applicable coupon.

If not called, principal repayment at maturity on September 6, 2030 depends on the final level of the worst index: investors receive par only if it is at or above 65% of its starting value, and otherwise receive $1,000 multiplied by that index’s performance factor, exposing them to losses greater than 35% and potentially a total loss. Investors do not participate in any index upside or dividends and bear the unsecured credit risk of Wells Fargo Finance LLC and the Wells Fargo & Company guarantee. The preliminary estimated value is about $980.50 per note, not less than $950.50 on the pricing date, reflecting selling, structuring, hedging and funding costs, and the notes are not expected to be listed or actively traded.

Wells Fargo & Company (WFC), through issuer Wells Fargo Finance LLC, is offering market-linked, auto-callable notes tied to the lowest performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 indices, maturing September 6, 2030, at an original offering price of $1,000 per security.

The notes pay a 12.40% per annum contingent coupon, quarterly, only if on each calculation day the lowest performing index is at or above its coupon threshold, set at 75% of its starting value. From February 2027 to May 2030, if the lowest performing index is at or above its starting value on a calculation day, the notes are automatically called at par plus the applicable coupon.

If not called, principal repayment depends on the final level of the lowest performing index: investors receive $1,000 only if it is at or above its 75% downside threshold; otherwise repayment falls in proportion to the decline and can be zero. The current estimated value is $970.72 per $1,000, below the issue price, reflecting selling, structuring, hedging and funding costs. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, are not listed on an exchange and may have limited or no secondary market liquidity.

WELLS FARGO & COMPANY (WFC), via Wells Fargo Finance LLC, is offering medium-term, equity index-linked notes tied to the worst performer of the Russell 2000, S&P 500 and EURO STOXX 50, maturing September 6, 2030. Each security has a $1,000 face amount and pays a 9.50% per annum contingent coupon quarterly only if the lowest performing index on the calculation day is at or above 70% of its starting value. From February 2027 to May 2030, the notes are automatically called at par plus coupon if the lowest index is at or above its starting value.

If not called, principal is protected at maturity only if the lowest index is at or above its 70% downside threshold; otherwise, repayment falls one-for-one with that index’s decline, with the possibility of losing all principal. Investors do not participate in any index upside and receive no dividends. The current estimated value is $962.88 per $1,000 note, below the issue price, reflecting selling, structuring, hedging and funding costs. The securities are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by WFC, subject to their credit risk, and are not listed, so liquidity may be limited.

Wells Fargo & Company (WFC), via Wells Fargo Finance LLC, is offering market-linked Medium-Term Notes, Series B that are auto-callable securities with contingent coupons and downside principal at risk, linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, and guaranteed by Wells Fargo & Company. Each security has a $1,000 face amount and pays a contingent coupon at 11.00% per annum, payable quarterly only if the worst-performing index on the relevant observation date is at or above 75% of its starting value. From February 2027 through May 2030, if on any quarterly calculation day the worst-performing index is at or above its starting value, the notes are automatically called at par plus the coupon. If not called, at maturity on September 6, 2030 investors receive $1,000 only if the worst-performing index is at or above 75% of its starting value; otherwise repayment is $1,000 multiplied by that index’s performance factor, exposing holders to losses greater than 25% and potentially a full loss of principal. The estimated value on the pricing date is $971.94 per $1,000 note, reflecting selling, structuring, hedging and funding costs, and the notes are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and the guarantor, with no listing and limited expected liquidity.