Wells Fargo Shareholders Elect Directors; Vote on Proposals at 2018 Annual Meeting of Shareholders

Wells Fargo & Company (NYSE: WFC) announced today that its shareholders elected as directors the 12 nominees named in the company’s proxy statement and ratified the appointment of KPMG LLP as the company’s independent auditors for 2018. Shareholders also approved the 2017 compensation of the company’s executives named in its proxy statement.

Shareholders did not approve the three shareholder proposals presented at the meeting.

The final results will be reported on a Form 8-K that will be filed with the Securities and Exchange Commission (SEC) later this week and available at the SEC's website at www.sec.gov.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investments, mortgage, and consumer and commercial finance through 8,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations.

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