

Compensation principles at Wells Fargo
To attract and retain talented employees, Wells Fargo offers a total compensation package, including salary, benefits, and incentive pay opportunities, that is competitive with those offered by our key competitors in the businesses and markets where we operate.
Our compensation program is designed to be consistent with our compensation principles of paying for performance, promoting effective risk management, attracting and retaining top talent, and creating long-term value consistent with the interests of shareholders.
We conduct global compensation reviews, evaluating both base salary and total compensation, through engagement with a third-party consultant. These reviews compare compensation across the enterprise, taking into account factors such as role, level, tenure and geography and we may make adjustments in the event of unexplained gaps. The year-end 2025 review showed no significant unexplained pay gaps.
