Wells Fargo & Company (NYSE: WFC) announced today that its shareholders elected as directors the 12 nominees named in the company’s proxy statement and approved the 2019 compensation of the company’s executives named in its proxy statement. Shareholders also ratified the appointment of KPMG LLP as the company’s independent registered public accounting firm for 2020. Shareholders did not approve the three shareholder proposals presented at the meeting.

The final results will be reported on a Form 8-K that will be filed with the Securities and Exchange Commission (SEC) and will be available at the SEC’s website at www.sec.gov.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.98 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With approximately 263,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

Media Ancel Martinez, 415-222-3858 ancel.martinez@wellsfargo.com

Investor Relations John Campbell, 415-396-0523 john.m.campbell@wellsfargo.com

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