富国银行美股招股说明书(2026-04-09版)

Subject To Completion, dated April 9, 2026PRICING SUPPLEMENT No. 5 dated April, 2026(To Product Supplement No. 1 dated February 13, 2026,Market Measure Supplement dated February 13, 2026,Prospectus Supplement dated February 13, 2026and Prospectus dated February 13, 2026) Wells Fargo Finance LLCMedium-Term Notes, Series A Fully and Unconditionally Guaranteed by Wells Fargo & CompanyEquity Index Linked Securities Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent Principal at Risk Securities Linked to the Lowest Performing of the Nasdaq-100 Index®, the Russell 2000®Index and theS&P 500®Index due April 25, 2030 ■Linked to thelowest performingof the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index (each referred to as an “Underlier”)■Unlike ordinary debt securities, the securities do not provide for fixed payments of interest, do not repay a fixed amount of principal at stated maturity and are subject to potentialautomatic call prior to stated maturity upon the terms described below. Whether the securities pay a contingent coupon, whether the securities are automatically called prior to statedmaturity and, if they are not automatically called, whether you receive the face amount of your securities at stated maturity, will depend, in each case, on the closing value of the lowestperforming Underlier on the relevant calculation day. The lowest performing Underlier on any calculation day is the Underlier that has the lowest closing value on that calculation day asa percentage of its starting value■Contingent Coupon.The securities will pay a contingent coupon on a quarterly basis until the earlier of stated maturity or automatic call if,and only if, the closing value of the lowest performing Underlier on the calculation day for that quarter is greater than or equal to its coupon threshold value. However, if the closing value of the lowest performing Underlier on acalculation day is less than its coupon threshold value, you will not receive any contingent coupon for the relevant quarter. If the closing value of the lowest performing Underlier is lessthan its coupon threshold value on every calculation day, you will not receive any contingent coupons throughout the entire term of the securities. The coupon threshold value for eachUnderlier is equal to 75% of its starting value. The contingent coupon rate will be determined on the pricing date and will be at least 11.25% per annum■Automatic Call.If the closing value of the lowest performing Underlier on any of the quarterly calculation days scheduled to occur from October 2026 to January 2030, inclusive, is The current estimated value of the securities is approximately $943.00 per security. While the estimated value of the securities at pricing may differ from theestimated value set forth above, we do not expect it to differ significantly absent a material change in market conditions or other relevant factors. In noevent will the estimated value of the securities on the pricing date be less than $910.00 per security. The estimated value of the securities was determinedfor us by Wells Fargo Securities, LLC using its proprietary pricing models. It is not an indication of actual profit to us or to Wells Fargo Securities, LLC orany of our other affiliates, nor is it an indication of the price, if any, at which Wells Fargo Securities, LLC or any other person may be willing to buy thesecurities from you at any time after issuance. See “Estimated Value of the Securities” in this pricing supplement. The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See“Selected Risk Considerations” beginning on page PRS-11 herein and “Risk Factors” beginning on page PS-5 of the accompanying product supplement.The securities are the unsecured obligations of Wells Fargo Finance LLC, and, accordingly, all payments 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 securities are notsavings accounts, deposits or other obligations of a depository institution and are not insured by the Federal Deposit Insurance Corporation, the DepositInsurance 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 securities or passed upon the accuracy or adequacy of this pricing supplement or the accompanying product supplement, market measure supplement,prospectus supplement and prospectus. Any representation to the contrary is a criminal offense.(1)(2) (1)Wells Fargo Securities, LLC, an affiliate of Wells Fargo Finance LLC and a wholly owned subsidiary of Wells Fargo & Company, is the agent for the distribution of the securitiesand is acting as principal. See “Terms of the Securities—Agent” and “Estim