Wells Fargo sells 1.75M depositary shares of new 6.55% Series HH preferred

WELLS FARGO & COMPANY/MN

Sold 1,750,000 depositary shares on Aug 19, 2026, each representing 1/25th interest in a Series HH preferred share.
Series HH is 6.55% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred, $25,000 liquidation preference per share.
Certificate of Designation filed with Delaware Secretary of State on Aug 17, 2026; authorizes 70,000 preferred shares.
Underwriting agreement dated Aug 12, 2026; Wells Fargo Securities LLC served as underwriters' representative.
Depositary shares imply $1,000 liquidation preference each (1/25th of $25,000 per preferred share).

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