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Wells Fargo logoWells Fargo WFC

Wells Fargo said shareholders elected all 13 director nominees at its annual meeting on April 29, 2025. Each nominee received more votes cast "for" than "against" his or her election, and Ronald L. Sargent received 90.91% of votes cast for.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Wells Fargo said shareholders elected all 13 director nominees at its annual meeting on April 29, 2025. Each nominee received more votes cast "for" than "against" his or her election, and Ronald L. Sargent received 90.91% of votes cast for.

  2. The company said shareholders approved executive compensation on an advisory basis at the annual meeting. There were 2,367,075,302 votes for (92.43%) and 178,734,946 votes against.

  3. The company said shareholders approved KPMG LLP as the independent registered public accounting firm for 2025. There were 2,692,904,503 votes for (94.41%) and 149,445,241 votes against.

  4. The company said 4 shareholder proposals did not receive majority support. Votes for were 15.13% for the workplace harassment and discrimination prevention report, 11.15% for the congruency of political spending report, 17.72% for the energy supply ratio, and 11.95% for the report on respecting Indigenous Peoples' rights.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Wells Fargo elects 13 directors; lowest support Ronald L. Sargent at 90.91%

Wells Fargo said shareholders elected all 13 director nominees at its annual meeting on April 29, 2025. Each nominee received more votes cast "for" than "against" his or her election, and Ronald L. Sargent received 90.91% of votes cast for.

Source · Based on the filing body and exhibits

Say-on-pay advisory vote wins 92.43% support

The company said shareholders approved executive compensation on an advisory basis at the annual meeting. There were 2,367,075,302 votes for (92.43%) and 178,734,946 votes against.

Source · Based on the filing body and exhibits

Shareholders approve KPMG as auditor for 2025

The company said shareholders approved KPMG LLP as the independent registered public accounting firm for 2025. There were 2,692,904,503 votes for (94.41%) and 149,445,241 votes against.

Source · Based on the filing body and exhibits

All 4 shareholder proposals fail to win majority support

The company said 4 shareholder proposals did not receive majority support. Votes for were 15.13% for the workplace harassment and discrimination prevention report, 11.15% for the congruency of political spending report, 17.72% for the energy supply ratio, and 11.95% for the report on respecting Indigenous Peoples' rights.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.