Designating a beneficiary, who upon your death can exercise your outstanding and exercisable stock options, in either the Wells Fargo & Company Long-Term Incentive Compensation Plan (shown as Plan 85) or the Wells Fargo & Company Long-Term Incentive Plan (shown as Plan 94LTIP) is permitted. If no beneficiary is designated, then upon your death, any outstanding and exercisable stock options would become exercisable in accordance with the rules of the plan(s).
To designate a beneficiary:
Select the beneficiary form(s) corresponding to your plan.
Sign and return per the instructions on the form(s).
If you have already made a beneficiary designation in the past using older forms, there is no need to resubmit new forms, provided you are not making any changes to your beneficiary designation(s). Please note that these forms apply only to the Wells Fargo & Company Long-Term Incentive Compensation Plan and the Wells Fargo & Company Long-Term Incentive Plan and have no impact on any other Wells Fargo plans.
If you have questions, please contact Wells Fargo Stock Plan Administration by e-mail at excomp@wellsfargo.com.
