Wells Fargo & Company · NYSE:WFC
Wells Fargo & — Investor Presentation (2024)
11 slides from Wells Fargo &'s investor presentation, 2024
Slide 1: Investor Presentation Spring 2024
Investor Presentation Spring 2024 © 2024 Wells Fargo Bank, N.A. All rights reserved.
Slide 2: Executive Summary
Executive Summary • Wells Fargo conducted extensive shareholder engagement efforts following the 2023 Annual Meeting, which have informed the Company’s and the Board’s decision-making • Following shareholder engagement, our Board has taken responsive actions regarding the majority- supported 2023 sh
Slide 3: Shareholder Engagement Summary
Shareholder Engagement Summary Following our 2023 Annual Meeting, we engaged with investors in fall 2023, and again after the December 2023 publication of our Racial Equity Assessment (see “Shareholder Engagement” beginning on page 1 of our proxy statement). Fall 2023 Engagement REA Engagement 54% 5
Slide 4: Spotlight on Shareholder Feedback Regarding 2023 Workplace Harassment and Discrimination Proposal
Spotlight on Shareholder Feedback Regarding 2023 Workplace Harassment and Discrimination Proposal We gathered a significant amount of feedback after the proposal received majority support, which informed our responsive actions and the Board’s recommendation AGAINST a substantially similar proposal o
Slide 5: Key Responsive Actions Following the 2023 Annual Meeting
Key Responsive Actions Following the 2023 Annual Meeting Majority-Supported 2023 Shareholder Proposals Shareholder Proposal What We Are Doing Efforts to Prevent Providing additional disclosures in our proxy statement about: Workplace Harassment (1) the Board’s oversight, including how our Board and
Slide 6: Human Capital Risk Oversight
Human Capital Risk Oversight Our Board, directly and through the HRC, oversees human capital risk and human capital management, in addition to our culture and ethics. The full Board provides direct oversight of certain human capital matters • Reviews the results of our annual Global Employee • Revie
Slide 7: Third-Party Racial Equity Assessment
Third-Party Racial Equity Assessment The REA focused on our efforts to promote racial equity in the U.S. through our three DE&I strategic priorities Increasing diverse representation and Better serving and growing diverse customer Supporting and increasing spend with diverse inclusion through an inc
Slide 8: The Board Recommends a Vote AGAINST Each Shareholder Proposal
The Board Recommends a Vote AGAINST Each Shareholder Proposal The Board takes the submission of shareholder proposals seriously. We engaged with shareholders, and sought to engage with all proponents, to inform our review and respond to the underlying topics of interest. Shareholder Proposal Key Poi
Slide 9: The Board Recommends a Vote AGAINST Each Shareholder Proposal
The Board Recommends a Vote AGAINST Each Shareholder Proposal The Board takes the submission of shareholder proposals seriously. We engaged with shareholders, and sought to engage with all proponents, to inform our review and respond to the underlying topics of interest. Shareholder Proposal Key Poi
Slide 10: Executive Compensation Program Overview
Executive Compensation Program Overview Our executive compensation program, which has evolved over the past few years, is designed to align with our business, performance, risk management and talent needs (for a more fulsome discussion of our compensation program, see “Compensation Discussion and An
Slide 11: Thank you
Thank you Disclaimer and Forward-Looking Statements This presentation contains forward-looking statements. In addition, our management may make forward-looking statements orally to analysts, investors, representatives of the media and others in connection with this presentation. Forward-looking stat