Executive Compensation Program Overview
Executive Summary
Wells Fargo continued its investor engagement following the 2022 Annual Meeting; feedback received
during these meetings helped inform the Company's and the Board's decision-making.
• Our Board composition is the result of a thoughtful review process and intentional refreshment aimed at
having a Board with the right mix of experiences, capabilities, and diverse perspectives to effectively
oversee management's execution of the Company's strategy, including risk management.
• Our top priority continues to be building an appropriate risk and control infrastructure; we continue to
make progress on our efforts to resolve legacy regulatory issues and will continue to prioritize this work.
• Our 2022 shareholder engagement reinforced the Human Resources Committee's (HRC) determination
not to make significant structural changes to our executive compensation program given the
enhancements implemented in 2021; however, the HRC continued to enhance the disclosure of three
key areas of our program in response to feedback received, as outlined on slide 7.
• Our oversight and governance structures provide accountability for, and leadership over, our
sustainability, social, and Diversity, Equity, and Inclusion (DE&I) efforts, as noted on slide 8.
• Our Board has thoughtfully considered and responded to this year's shareholder proposals.
2View entire presentation