富国银行美股招股说明书(2025-09-16版)

The notes have a term of 7 years. The notes pay interest quarterly at a floating rate per annum based on a daily compounded SecuredOvernight Financing Rate (“SOFR”) during the relevant observation period as described herein,plusa spread, subject to the minimuminterest rate, as set forth below. All payments on the notes are subject to credit risk. If Wells Fargo Finance LLC, as issuer, and Wells Fargo& Company, as guarantor, default on their obligations, you could lose some or all of your investment. The notes will not be listed on anyexchange and are designed to be held to maturity. Terms of the NotesIssuer:Wells Fargo Finance LLCGuarantor:Wells Fargo & CompanyOriginal Offering Price:$1,000 per note. References in this pricing supplement to a “note” are to a note with a principal amount of$1,000.Pricing Date:September 16, 2025.*Issue Date:September 18, 2025.*Stated Maturity Date:September 18, 2032.* The notes are not subject to redemption by Wells Fargo Finance LLC or repayment atthe option of any holder of the notes prior to the stated maturity date.Payment at Maturity:A holder will be entitled to receive on the stated maturity date a cash payment in U.S. dollars equal to $1,000per note, plus any accrued and unpaid interest.Interest Rate:With respect to each interest period, a floating rate per annum equal to the base rate determined for therelevant observation periodplusthe spread, subject to the minimum interest rate.Base Rate:CompoundedSOFR.With respect to the observation period corresponding to any interestperiod,CompoundedSOFRwill be a compounded average of daily SOFR over suchobservationperioddetermined in the manner described under “Description of Notes—Floating Rate Notes—Base Rates—Compounded SOFR Notes” in the accompanying prospectus supplement.Spread:0.93%Interest Payment Dates:Quarterly on the 18th day of each March, June, September and December, commencing December 18, 2025,and at stated maturity.* If a scheduled interest payment date (including the stated maturity date) is not abusiness day, it will be postponed to the following business day.Interest Period:With respect to each interest payment date, the period from, and including, the immediately precedinginterest payment date (or, in the case of the first interest period, the issue date) to, but excluding, that interestpayment date.Observation Period:With respect to each interest period, the period from, and including, the date two U.S. Government SecuritiesBusiness Days preceding the first date in such interest period to, but excluding, the date two U.S.Government Securities Business Days preceding the interest payment date for such interest period.Minimum Interest Rate:1.00% per annumDay Count Convention:For each interest period, Actual/360.Calculation Agent:Wells Fargo Securities, LLC. References to “our designee” herein shall mean the Calculation Agent.Listing:The notes will not be listed on any securities exchange or automated quotation system.Denominations:$1,000 and any integral multiples of $1,000CUSIP Number:95001HJD4*To the extent that we make any change to the expected pricing date or expected issue date, the interest payment dates and stated maturitydate may also be changed in our discretion to ensure that the term of the notes remains the same. Investing in the notes involves risks not associated with an investment in conventional debt securities. See “Selected Risk Considerations” on page PRS-3 herein and “Risk Factors” beginning on page S-4 of theaccompanying prospectus supplement. The notes are the unsecured obligations of Wells Fargo Finance LLC, and, accordingly, all payments are subject to credit risk. If WellsFargo Finance LLC, as issuer, and Wells Fargo & Company, as guarantor, default on their obligations, you could lose some or all of yourinvestment. The notes are not savings accounts, deposits or other obligations of a depository institution and are not insured by the FederalDeposit Insurance Corporation, the Deposit Insurance Fund or any other governmental agency.Neither the Securities and Exchange Commission nor any state securities commission or other regulatory body has approved or disapproved of these notes or passed upon the accuracy or adequacy of this pricing supplement or the accompanying prospectussupplement and prospectus. Any representation to the contrary is a criminal offense.Original Offering PriceProceeds to Wells Fargo Finance ADDITIONAL INFORMATION ABOUT THE ISSUER, THE GUARANTOR ANDTHE NOTES The notes are senior unsecured debt securities of Wells Fargo Finance LLC and are part of aseries entitled “Medium-Term Notes, Series A.”The paying agent and security registrar forthe notes is Computershare Trust Company, N.A. All payments on the notes are fully and unconditionally guaranteed by Wells Fargo &Company, as guarantor. All payments on the notes are subject to credit risk. You should read this pricing supplement together with the prospectus supplement dated April27, 2023 and the prospectus d