Wells Fargo & Co., 5.70% Non-Cumulative Class A Preferred Stock Series W

Can only be redeemed on dividend payment date

Redeemed 03/15/2021

Ticker: WFC-W

Parent Ticker: WFC

OTC Grey Market Temporary Ticker:

Issuance Date: 01/19/2016

1st Call Date: 03/15/2021

Maturity Date: None

Shares Issued: 35,000,000

Overallotment Shares: 5,000,000

Coupon: 5.70%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.356

Ex-Dividend Months: FEB, MAY, AUG, NOV

Approx. Ex-Dividend Day: 30

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BB+

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa2

Fitch Rating: NR