Wells Fargo Finance LLC is issuing $8,124,650 of Trigger Autocallable Contingent Yield Notes, fully and unconditionally guaranteed by Wells Fargo & Company, linked to the least performing of the S&P 500® Index and the EURO STOXX 50® Index. Each Note has a $10 Principal Amount and offers a 10.50% per annum Contingent Coupon, paid quarterly only if both indices on the observation date are at or above their respective Coupon Barriers.
The Initial Underlier Values are 7,757.64 for the S&P 500 and 6,523.86 for the EURO STOXX 50, with Coupon Barriers and Downside Thresholds at 70% of those levels. The Notes may be automatically called quarterly (starting about six months after settlement) if both indices are at or above their Initial Underlier Values, returning principal plus the applicable coupon. If not called, and on the Final Valuation Date (August 7, 2031) either index finishes below its Downside Threshold, repayment is reduced dollar‑for‑dollar with the negative return of the Least Performing Underlier, up to a 100% loss of principal. The estimated value is $9.81 per Note, below the $10 offering price, and the Notes are unsecured, unsubordinated obligations subject to the credit risk of the Issuer and Guarantor and are not exchange‑listed.
Wells Fargo Finance LLC, fully guaranteed by Wells Fargo & Company, is offering $21,509,210 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500 Index and the EURO STOXX 50 Index. The Notes pay a quarterly Contingent Coupon at 8.00% per annum only if each index closes at or above its Coupon Barrier on the related observation date; otherwise no coupon is paid. The Notes may be automatically called quarterly (starting about six months after settlement) if each index is at or above its Initial Underlier Value, in which case investors receive principal plus the applicable coupon and the Notes terminate early. If not called, and on the Final Valuation Date each index is at or above 70% of its initial level, principal is repaid plus any final coupon; if any index is below 70%, repayment is reduced one-for-one with the negative return of the worst-performing index, up to total loss of principal. The Notes are unsecured, not listed, have an estimated value of $9.59 per $10 Note, and all payments are subject to the credit risk of the issuer and guarantor.
Wells Fargo Finance LLC is offering $600,000 of Market Linked, auto-callable notes linked to the common stock of Uber Technologies, Inc., fully and unconditionally guaranteed by Wells Fargo & Company. Each security has a $1,000 face amount and a term to August 10, 2029, subject to automatic call.
The notes pay a quarterly contingent coupon of 13.60% per annum only if Uber’s closing value on the related calculation day is at or above the coupon threshold, set at 75% of the starting value. Missed coupons have a “memory” feature and may be paid later if the threshold is met. From February 2027 to May 2029, the notes are automatically called if Uber’s closing value is at or above the starting value.
If not called, principal is protected only if Uber’s final value is at or above the downside threshold, also 75% of the starting value of $75.02 (threshold $56.265). Below that level at maturity, investors lose more than 25% and up to all principal. The current estimated value is $961.87 per security, below the $1,000 offering price, reflecting selling, structuring and hedging costs. Payments depend on the credit of Wells Fargo Finance LLC and Wells Fargo & Company, and the securities are not listed and may have limited or no secondary market.
Wells Fargo Finance LLC, fully guaranteed by Wells Fargo & Company, is offering market-linked, auto-callable, contingent coupon notes tied to Morgan Stanley common stock maturing August 10, 2029. Each security has a $1,000 face amount and an original offering price of $1,000 (or $976.50 in fee-based advisory accounts).
The notes pay a contingent coupon of 11.20% per annum, quarterly, only if the Underlier’s closing value on the relevant calculation day is at or above the coupon threshold of $151.431, which is 70% of the starting value of $216.33. Missed coupons feature a “memory” so they are paid later if a subsequent calculation day meets the threshold. From February 2027 through May 2029, the notes are automatically called if the Underlier closes at or above the starting value, returning face amount plus the due and previously unpaid coupons.
If not called, principal at maturity is protected only down to the downside threshold of $151.431. If the final Underlier value is at or above that level, investors receive $1,000 per security; if below, repayment is reduced linearly as $1,000 × (ending value ÷ starting value), exposing investors to losses greater than 30% and potentially 100%. Investors do not participate in any upside of the stock and receive no dividends. All payments are unsecured and subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company. The estimated value is $964.57 per security, below the public offering price due to selling, structuring, hedging and funding costs.
Wells Fargo Finance LLC, fully guaranteed by Wells Fargo & Company, is offering market-linked Medium-Term Notes, Series B that are auto-callable, pay a contingent coupon, and expose principal to equity market risk through the lowest performing of three underliers: the iShares MSCI EAFE ETF, the Russell 2000 Index, and the S&P 500 Index.
Each security has a $1,000 face amount, a term running from an expected issue date of August 19, 2026 to a stated maturity of August 19, 2031, and may be automatically called quarterly from February 2027 to May 2031 if the lowest performing underlier is at or above its starting value, in which case investors receive $1,000 plus a final contingent coupon. Quarterly contingent coupons, at a rate to be set on the pricing date but at least 10.50% per annum, are paid only when the lowest performing underlier’s closing value is at or above its coupon threshold, set at 70% of its starting value.
If not called, principal repayment at maturity depends on the lowest performing underlier on the final calculation day. Investors receive $1,000 only if that underlier is at or above its downside threshold, also 70% of its starting value; below that level, repayment is $1,000 multiplied by the underlier’s performance factor, leading to losses greater than 30% and potentially all principal. The current estimated value is approximately $973.90 per security, and will not be less than $940.00 on the pricing date. Payments are unsecured, subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, and the notes will not be listed, so liquidity may be limited.
Wells Fargo Finance LLC is offering market-linked, principal-at-risk notes, guaranteed by Wells Fargo & Company, linked to the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing on August 15, 2031.
Each security has a $1,000 face amount and pays a monthly contingent coupon at a rate determined on the pricing date, at least 9.05% per annum, but only if the lowest performing index on the calculation day is at or above its coupon threshold of 80% of its starting value. Missed coupons can be “remembered” and paid later if the condition is met.
The notes are auto-callable monthly from August 2027 to July 2031 if the lowest performing index is at or above its starting value, returning $1,000 plus the due and any unpaid coupons. If not called, principal is protected only down to a downside threshold of 85% of starting value; below this, repayment is reduced using a multiplier of about 1.1765, so losses accelerate and can reach a full loss of principal. The estimated value is about $982.70 per $1,000 (not less than $940.00 on the pricing date). The notes are unsecured, subject to Wells Fargo credit risk, and will not be listed.
Wells Fargo Finance LLC is offering market-linked, callable notes due August 19, 2031, fully and unconditionally guaranteed by Wells Fargo & Company. Each $1,000 security pays a monthly contingent coupon at a rate set on the pricing date, at least 11.00% per annum, but only if on each calculation day the lowest performing of the Russell 2000 Index, S&P 500 Index and State Street Utilities Select Sector SPDR ETF is at or above 70% of its starting value.
If not redeemed early, principal repayment at maturity depends on the same lowest performing Underlier: investors receive $1,000 only if its final level is at or above 65% of its starting value; otherwise, they are fully exposed to downside and can lose more than 35%, up to their entire investment. The issuer may redeem the notes monthly starting around February 2027 at par plus any due coupon, irrespective of Underlier performance. The notes are unsecured, subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, will not be listed, and have an estimated initial value of about $978.90 per $1,000 security, not less than $940.00.
Wells Fargo Finance LLC is offering market-linked, auto-callable notes due August 23, 2029, fully and unconditionally guaranteed by Wells Fargo & Company. Each $1,000 note pays a quarterly contingent coupon at a rate to be set on the pricing date, at least 10.85% per annum, but only if on each calculation day the lowest performing of three underliers—the iShares Expanded Tech-Software Sector ETF, the S&P 500 Index, and the State Street Consumer Discretionary Select Sector SPDR ETF—is at or above 65% of its starting value.
From February 2027 to May 2029, if on any quarterly calculation day the lowest performing underlier is at or above its starting value, the notes are automatically called for $1,000 plus that quarter’s coupon. If not called, at maturity investors receive $1,000 only if the lowest performing underlier on the final calculation day is at or above its 65% downside threshold. Otherwise, repayment is reduced in proportion to that underlier’s decline, leading to losses of more than 35% and potentially loss of the entire principal.
The estimated value is approximately $948.90 per $1,000 note on the cover, and will not be less than $910.00 on the pricing date, reflecting selling, structuring, hedging and funding costs. The notes are unsecured, unsubordinated obligations of Wells Fargo Finance LLC, guaranteed by Wells Fargo & Company, subject to their credit risk, and will not be listed on any exchange and may have limited or no secondary market.
Wells Fargo Finance LLC is issuing equity index-linked medium-term notes with an aggregate original offering price of $6,058,000, fully and unconditionally guaranteed by Wells Fargo & Company. The notes pay a 9.90% per annum contingent coupon, payable quarterly only if the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index is at or above 70% of its starting value on the relevant calculation day.
The notes are callable quarterly at the issuer’s option beginning around February 2027 at par plus any due coupon. If not redeemed, principal repayment in 2031 depends on the lowest performing index: investors receive $1,000 only if its final level is at or above 60% of its starting value; otherwise repayment equals $1,000 multiplied by its performance factor, exposing investors to losses of more than 40%, up to a total loss. The estimated value is $978.41 per $1,000 note, and there is no exchange listing; all payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company.
Wells Fargo Finance LLC is offering $44,000,000 of Trigger Callable Contingent Yield Notes, Series B, fully and unconditionally guaranteed by Wells Fargo & Company. The Notes are linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index and mature on February 12, 2030, unless redeemed earlier at the issuer’s option on quarterly redemption dates beginning about six months after issuance.
The Notes pay a quarterly contingent coupon at 12.75% per annum only if, on every eligible trading day in the observation period, each index stays at or above its Coupon Barrier, set at 70% of its initial level. Principal is protected at maturity only if each final index level is at or above its Downside Threshold, set at 60% of its initial level; otherwise, repayment is reduced one-for-one with the negative return of the worst index, potentially to zero. The original offering price is $10.00 per Note, with an estimated value of $9.87 per Note, and the securities are unsecured, subject to the credit risk of the issuer and guarantor, and will not be listed on an exchange.