4Q21 Quarterly Supplement

1 4Q21 Quarterly Supplement Wells Fargo & Company and Subsidiaries Quarterly FINANCIAL DATA TABLE OF CONTENTS Pages Consolidated Results Summary Financial Data 3 Consolidated Statement of Income 5 Consolidated Balance Sheet 6 Average Balances and Interest Rates (Taxable-Equivalent Basis) 7 Reportable Operating Segment Results Combined Segment Results 8 Consumer Banking and Lending 10 Commercial Banking 12 Corporate and Investment Banking 14 Wealth and Investment Management 16 Corporate 17 Credit-Related Information Consolidated Loans Outstanding Period End Balances, Average Balances, and Average Interest Rates 18 Net Loan Charge-offs 19 Changes in Allowance for Credit Losses for Loans 20 Allocation of the Allowance for Credit Losses for Loans 21 Nonperforming Assets (Nonaccrual Loans and Foreclosed Assets) 22 Commercial and Industrial Loans and Lease Financing by Industry 23 Commercial Real Estate Loans by Property Type 24 Equity Tangible Common Equity 25 Risk-Based Capital Ratios Under Basel III Standardized Approach 27 Risk-Based Capital Ratios Under Basel III Advanced Approach 28 Financial results reported in this document are preliminary.

2 Final financial results and other disclosures will be reported in our Annual Report on Form 10-K for the year ended December 31, 2021, and may differ materially from the results and disclosures in this document due to, among other things, the completion of final review procedures, the occurrence of subsequent events, or the discovery of additional information.

3 Wells Fargo & Company and Subsidiaries SUMMARY FINANCIAL DATA Dec 31, 2021 Quarter ended % Change from Year ended (in millions, except per share amounts) Selected Income Statement Data Total revenue Noninterest expense Pre-tax pre-provision profit (PTPP) (1) Provision for credit losses Wells Fargo net income Wells Fargo net income applicable to common stock $ Dec 31, 2021 20,856 13,198 7,658 (452) 5,750 5,470 Sep 30,2021 18,834 13,303 5,531 (1,395) 5,122 4,787 Jun 30, 2021 20,270 13,341 6,929 (1,260) 6,040 5,743 Mar 31, 2021 18,532 13,989 4,543 (1,048) 4,636 4,256 Dec 31, 2020 18,489 14,802 3,687 (179) 3,091 2,741 Sep 30,2021 11 % (1) 38 68 12 14 Dec 31, 2020 13 (11) 108 NM 86 100 $ Dec 31, 2021 78,492 53,831 24,661 (4,155) 21,548 20,256 Dec 31, 2020 74,264 57,630 16,634 14,129 3,377 1,786 % Change 6 % (7) 48 NM 538 NM Common Share Data Diluted earnings (loss) per common share Dividends declared per common share Common shares outstanding Average common shares outstanding Diluted average common shares outstanding Book value per common share (2) Tangible book value per common share (2)(3) $ 3, 3, 3, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 18 (3) (3) (3) 2 2 109 100 (6) (5) (4) 9 10 4, 4, 4, 4, NM (51) (1) (1) Selected Equity Data (period-end) Total equity Common stockholders' equity Tangible common equity (3) 190,110 168,331 141,254 191,071 169,753 142,047 193,127 171,453 143,577 188,034 166,748 138,702 185,712 164,570 136,727 (1) (1) (1) 2 2 3 Performance Ratios Return on average assets (ROA) (4) Return on average equity (ROE) (5)

4 Return on average tangible common equity (ROTCE) (3) Efficiency ratio (6) Net interest margin on a taxable-equivalent basis % 63 71 66 75 80 % 69 78 NM Not meaningful (1) Pre-tax pre-provision profit (PTPP) is total revenue less noninterest expense. Management believes that PTPP is a useful financial measure because it enables investors and others to assess the Company s ability to generate capital to cover credit losses through a credit cycle. (2) Book value per common share is common stockholders' equity divided by common shares outstanding. Tangible book value per common share is tangible common equity divided by common shares outstanding. (3) Tangible common equity, tangible book value per common share, and return on average tangible common equity are non-GAAP financial measures. For additional information, including a corresponding reconciliation to GAAP financial measures, see the Tangible Common Equity tables on pages 25 and 26.

5 (4) Represents Wells Fargo net income divided by average assets. (5) Represents Wells Fargo net income applicable to common stock divided by average common stockholders equity. (6) The efficiency ratio is noninterest expense divided by total revenue (net interest income and noninterest income). -3- Wells Fargo & Company and Subsidiaries SUMMARY FINANCIAL DATA (continued)

6 Dec 31, 2021 Quarter ended % Change from Year ended ($ in millions, unless otherwise noted) Dec 31, 2021 Sep 30,2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30,2021 Dec 31, 2020 Dec 31, 2021 Dec 31, 2020 % Change Selected Balance Sheet Data (average) Loans Assets Deposits $ 875,036 1,943,430 1,470,027 854,024 1,949,700 1,450,941 854,747 1,939,879 1,435,824 873,439 1,934,425 1,393,472 899,704 1,925,013 1,380,100 2 % 1 (3) 1 7 $ 864,288 1,941,905 1,437,812 941,788 1,941,709 1,376,011 (8)% 4 Selected Balance Sheet Data (period-end) Debt securities Loans Allowance for credit losses for loans Equity securities Assets Deposits 537,531 895,394 13,788 72,886 1,948,068 1,482,479 542,993 862,827 14,705 66,526 1,954,901 1,470,379 533,565 852,300 16,391 64,547 1,945,996 1,440,472 505,826 861,572 18,043 57,702 1,957,264 1,437,119 501,207 887,637 19,713 60,008 1,952,911 1,404,381 (1) 4 (6) 10 1 7 1 (30) 21 6 Headcount (#) (period-end) 249,435 253,871 259,196 264,513 268,531 (2) (7) Capital and other metrics (1) Risk-based capital ratios and components (2): Standardized Approach: Common Equity Tier 1 (CET1) Tier 1 capital Total capital Risk-weighted assets (RWAs) (in billions) % $ 1, 1, 1, 1, 1, 2 4 Advanced Approach: Common Equity Tier 1 (CET1) Tier 1 capital Total capital Risk-weighted assets (RWAs) (in billions) % $ 1, 1, 1, 1, 1, (2) (4) Tier 1 leverage ratio Supplementary Leverage Ratio (SLR) Total Loss Absorbing Capacity (TLAC) Ratio (3) Liquidity Coverage Ratio (LCR) (4) % 118 119 123 127 133 (1) (2) (3) (4) Ratios and metrics for December 31, 2021, are preliminary estimates.

7 See the tables on pages 27 and 28 for more information on CET1, tier 1 capital, and total capital. The information presented reflects fully phased-in CET1, tier 1 capital, and RWAs, but reflects total capital in accordance with transition requirements. Represents TLAC divided by the greater of RWAs determined under the Standardized and Advanced Approaches, which is our binding TLAC ratio. Represents high-quality liquid assets divided by projected net cash outflows, as each is defined under the LCR rule. -4.

8 Wells Fargo & Company and Subsidiaries CONSOLIDATED STATEMENT OF INCOME Dec 31, 2021 Quarter ended % Change from Year ended (in millions, except per share amounts) Dec 31, 2021 Sep 30,2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30,2021 Dec 31, 2020 Dec 31, 2021 Dec 31, 2020 % Change Interest income $ 10,121 9,834 9,693 10,046 10,550 3 % (4) $ 39,694 47,919 (17)% Interest expense 859 925 893 1,238 1,195 (7) (28) 3,915 7,963 (51) Net interest income 9,262 8,909 8,800 8,808 9,355 4 (1) 35,779 39,956 (10) Noninterest income Deposit-related fees 1,462 1,416 1,342 1,255 1,333 3 10 5,475 5,221 5 Lending-related fees 357 365 362 361 356 (2) 1,445 1,381 5 Investment advisory and other asset-based fees 2,579 2,882 2,794 2,756 2,598 (11) (1) 11,011 9,863 12 Commissions and brokerage services fees 558 525 580 636 589 6 (5) 2,299 2,384 (4) Investment banking fees 669 547 570 568 486 22 38 2,354 1,865 26 Card fees 1,071 1,078 1,077 949 943 (1) 14 4,175 3,544 18 Mortgage banking 1,035 1,259 1,336 1,326 1,207 (18) (14) 4,956 3,493 42 Net gains (losses) from trading activities (177) 92 21 348 (60) NM NM 284 1,172 (76) Net gains on debt securities 119 283 151 160 (58) (26) 553 873 (37)

9 Net gains from equity securities 2,470 869 2,696 392 884 184 179 6,427 665 866 Lease income 46 322 313 315 224 (86) (79) 996 1,245 (20) Other 1,405 287 379 667 414 390 239 2,738 2,602 5 Total noninterest income 11,594 9,925 11,470 9,724 9,134 17 27 42,713 34,308 24 Total revenue 20,856 18,834 20,270 18,532 18,489 11 13 78,492 74,264 6 Provision for credit losses (452) (1,395) (1,260) (1,048) (179) 68 NM (4,155) 14,129 NM Noninterest expense Personnel 8,475 8,690 8,818 9,558 8,948 (2) (5) 35,541 34,811 2 Technology, telecommunications and equipment 827 741 815 844 838 12 (1) 3,227 3,099 4 Occupancy 725 738 735 770 826 (2) (12) 2,968 3,263 (9) Operating losses 512 540 303 213 621 (5) (18) 1,568 3,523 (55) Professional and outside services 1,468 1,417 1,450 1,388 1,664 4 (12) 5,723 6,706 (15) Leases (1) 195 220 226 226 227 (11) (14) 867 1,022 (15) Advertising and promotion 225 153 132 90 138 47 63 600 600 Restructuring charges 66 1 (4) 13 781 NM (92) 76 1,499 (95) Other 705 803 866 887 759 (12) (7) 3,261 3,107 5 Total noninterest expense 13,198 13,303 13,341 13,989 14,802 (1) (11) 53,831 57,630 (7) Income before income tax expense (benefit) 8,110 6,926 8,189 5,591 3,866 17 110 28,816 2,505 NM Income tax expense (benefit) 1,711 1,521 1,445 901 574 12 198 5,578 (1,157) NM Net income before noncontrolling interests 6,399 5,405 6,744 4,690 3,292 18 94 23,238 3,662 535 Less: Net income from noncontrolling interests 649 283 704 54 201 129 223 1,690 285 493 Wells Fargo net income $ 5,750 5,122 6,040 4,636 3,091 12 86 $ 21,548 3,377 538 Less.

10 Preferred stock dividends and other 280 335 297 380 350 (16) (20) 1,292 1,591 (19) Wells Fargo net income applicable to common stock $ 5,470 4,787 5,743 4,256 2,741 14 100 $ 20,256 1,786 NM Per share information Earnings per common share $ 18 111 $ NM Diluted earnings per common share 18 109 NM NM Not meaningful (1) Represents expenses for assets we lease to customers. -5.